CFPB Focuses on Reg X and GSE Streamline Refinances Amid LO Compensation Concerns
CFPB is considering updates to Regulation X servicing rules, potentially facilitating streamlined GSE refinances. Key implications for private lenders are forthcoming.
Rocket Mortgage and Rocket Pro Implement VantageScore 4.0 Changes
Rocket Mortgage integrates VantageScore 4.0 alongside Classic FICO, as FHFA tests the model. Meanwhile, lenders have provided $10 million in loans to Freddie Mac.
Navy Veteran Creates ‘Harvard-Style’ Network for Military Buyers and Agents
"Explore initiatives aimed at enhancing financial stability for military families during pivotal life events, focusing on better mortgage solutions and support."
MRED Restricts Zillow Access to Chicagoland Listing Data
Zillow has lost access to licensed MRED listing data, impacting approximately 43,000 active listings on Zillow and Trulia amid ongoing injunction and arbitration motions.
Private Lenders Who Self-Serve Their Notes Are Taking a Risk They Don’t See Coming
Private Lenders Who Self-Serve Their Notes Are Taking a Risk They Don't See Coming — a guide for private lenders navigating private mortgage note servicing.
Private Mortgage Note Servicing: Frequently Asked Questions
Private Mortgage Note Servicing: Frequently Asked Questions — a guide for private lenders navigating private mortgage note servicing.
What Is RESPA and Does It Apply to Private Mortgage Notes?
What Is RESPA and Does It Apply to Private Mortgage Notes? — a guide for private lenders navigating private mortgage note servicing.
What Is Private Mortgage Note Servicing? The Complete Definition
What Is Private Mortgage Note Servicing? The Complete Definition — a guide for private lenders navigating private mortgage note servicing.
In-House Default Handling vs. Outsourced Default Servicing for Private Notes
In-House Default Handling vs. Outsourced Default Servicing for Private Notes — a guide for private lenders navigating private mortgage note servicing.
Business-Purpose Loans vs. Consumer Loans: How Servicing Requirements Differ
Business-Purpose Loans vs. Consumer Loans: How Servicing Requirements Differ — a guide for private lenders navigating private mortgage note servicing.