Essential Loan Documentation Steps You Should Not Ignore
Understanding the loan documentation process is essential for private lenders. Effective documents ensure enforceability and compliance while protecting capital.
Anywhere reports revenue growth and advances towards Compass merger
Third quarter revenue reached $1.6 billion, marking a 6% year-over-year increase, while operating EBITDA stood at $100 million, highlighting strong financial performance.
Introducing HeyLeo: An AI Concierge for Homebuyers Seeking Their Dream Home
Discover HeyLeo, Real's innovative voice-enabled home search tool that transforms the way consumers find homes through natural conversation rather than traditional filters.
Record Low Share of First-Time Homebuyers Amid Rising Age Trends
The median age of first-time homebuyers has reached a historic 40 years, highlighting changing demographics and financial trends in the housing market.
Sun West initiates lawsuit against FNB regarding reverse mortgage repurchases.
Sun West Mortgage Co. has initiated legal action against First National Bank of Pennsylvania over two reverse mortgages exceeding $850,000, involving Fannie Mae.
BSI Financial’s Allen Price Discusses MSR Strategies and Home Equity Investments
Private lenders should note that MSR pools focused on lower-rate notes reduce customer retention concerns, explains Allen Price, SVP of Sales and Client Management.
Private Mortgage Servicing: Workout Strategies to Protect Your Investment
5 Borrower Workout Strategies That Save Deals in Private Mortgage Servicing The Imperative of Proactive Servicing in a Volatile Market In the dynamic and often unpredictable world of private mortgage servicing, the ability to navigate borrower distress effectively isn't just a best practice—it's a [...]
Tony Kottenbrock discusses the expansion of non-QM in wholesale lending.
Newrez aims to enhance growth by concentrating on closed-end second mortgages and utilizing broker expertise to address emerging market needs.
VRM Executive Cheryl Travis-Johnson Passes Away
Cheryl Travis-Johnson, COO of VRM Mortgage Services, champions innovation and advocates for underrepresented communities, leaving a lasting impact in the mortgage industry.
Exploring First-Time Homebuyer Affordability Beyond Prices and Rates
Understanding homebuyer affordability requires a deeper look beyond just rates and prices. Key factors include borrower finances, cash flow, and debt-to-income ratios.