BoA Prevails in Appeal vs. Cook County on Predatory Lending Claims

2023-08-18T04:57:12-07:00private mortgage loan servicing, private mortgage loan servicing companies|

Discover how Bank of America successfully defended against allegations of predatory lending activities by Cook County, Illinois. Learn how the ruling is a major victory for private lenders and how it may affect them in the future.

Construction Home Mortgage Apps Rise in July

2023-08-15T12:45:34-07:00private lender servicing, private mortgage loan servicing|

Discover how new home construction is helping first-time buyers and those with lower down payments get into their dream home. This summary reveals the circumstances and potential challenges that pave the way for more private lenders in the housing market.

. Navigating U.S. Real Estate: Overcoming Top Offshore Investment Challenges.

2023-08-15T08:54:06-07:00loan servicing private lenders, private mortgage loan servicing|

"Discover what it takes to successfully attract offshore investors to U.S. real estate. Learn how to overcome common challenges and gain insight from experienced industry professionals when investing in U.S. real estate. Navigate this growing sector and maximize your potential returns."

UBS Agrees to $1.4B Settlement Over RMBS Fraud Allegations

2023-08-14T13:55:37-07:00private lender loan servicing, private mortgage loan servicing|

"UBS AG has agreed to pay $1.43 billion in penalties for RMBS-related issues before the 2008 financial crisis. Learn more about the details of this settlement from a trusted mortgage industry expert & how it affects the private lending sector."

Mortgage Rate Outlook: Where is the Market Going?

2023-08-14T04:26:25-07:00private money loan servicing, private mortgage loan servicing|

The private lending industry saw wild fluctuations last week as mortgage rates fluctuated after a bad bond auction. Discover what this means for lenders & how to navigate fluctuating rates.

Wells Fargo launches down payment grant for homebuyers of $10K.

2023-08-11T06:08:00-07:00private mortgage loan servicing, private mortgage loan servicing companies|

Wells Fargo's Homebuyer Access grant program offers potential homebuyers with a combined 120% or less of the area median income an opportunity to buy their first home. Access up to $75,000 in grants in eight US metros. Learn how to make homeownership within reach.

Real Estate Agents: Craft a Morning Routine for Success

2023-08-10T11:10:04-07:00private lender loan servicing, private mortgage loan servicing|

Get the inside scoop on the latest private lending trends and insights to help you stay ahead of your competition. "Stay on top of the private lending trends with insights from an industry expert -- discover how agile, adaptive leadership can help you and your team reach success. Get the latest up-to-date information for any and all your private lending questions."

Jumbo Mortgage Rates See Recent Decline

2023-08-09T08:51:54-07:00private mortgage loan servicing|

The private lending industry offers an alternative for those looking to borrow large sums of money for home loans. Learn more about how to find nonbank lenders and what to consider when taking out a jumbo loan. Get expert advice to ensure bona fide rates and conditions when seeking a private loan.

Nonbanks Must Address Liquidity Challenges: Alanna McCargo

2023-08-09T05:27:36-07:00private money loan servicing, private mortgage loan servicing|

"Ginnie Mae President Alanna McCargo shines light on the costly activity for nonbanks to borrow in a market with low refinance activity, emphasizing the high financial strain for the government mortgage system. Understand the implications for private lenders and find out more on latest industry news."

Douglas Elliman Suffers $5.2M Loss in Q2

2023-08-08T08:15:57-07:00private mortgage loan servicing, private mortgage loan servicing companies|

"Douglas Elliman reports another quarter of losses as private lenders face increasingly higher mortgage rates and limited product availability. Though no easy fix is available, sound financial planning continues to be the best way for lenders to secure a bright future."

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