CMLS CEO Jessica Edgerton urges an embrace of complexity at Open House.

2026-10-24T16:21:26-07:00Articles, loan servicing for private money lenders, private mortgage loan servicing|

Edgerton’s announcement of a new broker membership tier at CMLS represents a deliberate recalibration of how broker services and access are packaged within an established industry forum. Framed as a membership innovation, the move signals a strategy to segment the broker market by needs [...]

Florida agents face rate pressure and longer market times.

2026-10-24T16:22:05-07:00Articles, loan servicing for private money lenders, private mortgage loan servicing|

ORRA data indicates a pronounced shift in buyer behavior as rising borrowing costs reshape affordability and demand. More than half of prospective buyers are migrating toward lower-priced homes, a move driven in large part by the 30‑year fixed mortgage climbing above 7%. That combination [...]

Stellar MLS launches consumer portal built on BPP Cribio.

2026-10-24T16:22:07-07:00Articles, loan servicing private lenders, private mortgage loan servicing|

The ad‑free platform removes display advertising and foregrounds broker and agent attribution, presenting mortgage content with minimal distraction so that licensed originators receive direct credit and visibility. By offering free access, the site lowers barriers for consumers and referral partners, encouraging broad use without [...]

Elio Mortgage raises $5.1 million in pre-seed funding.

2026-10-24T16:22:09-07:00Articles, private money loan servicing, private mortgage loan servicing|

A financing round led by Motive Partners and Social Leverage gives Elio strategic capital and market endorsement to accelerate national expansion. The investor mix—heavy on fintech and growth-oriented capital—signals confidence in the company’s model and provides resources to move beyond localized operations. Elio’s public [...]

Benchmark closes Eleven Mortgage wholesale unit to focus on retail.

2026-10-24T16:22:21-07:00Articles, loan servicing private lenders, private mortgage loan servicing|

The company announced the wind-down of its wholesale and correspondent channel, a move that represents a deliberate reallocation of origination resources and a retrenchment from intermediary distribution. Management characterized the shift as part of a broader strategy to concentrate on direct retail and digital [...]

Judge Vacates CFPB Funding Cutoff and Rejects Federal Profit Theory.

2026-10-24T16:22:29-07:00Articles, private mortgage loan servicing, private mortgage servicing companies|

Court voids CFPB funding decisions tied to Fed earnings; rules Fed losses don't terminate CFPB funding — implications for private lenders and market impact

CubiCasa and Restb.ai expand MLS floor plan services.

2026-10-24T16:22:51-07:00Articles, private mortgage loan servicing, private mortgage servicing companies|

CubiCasa’s deployment across more than 200,000 companies, including over 100 multiple listing services, represents a notable consolidation of property measurement and floor-plan capture within the real estate ecosystem. Its broad uptake by brokers, photographers and MLS platforms is tightening the flow of standardized visual [...]

BCB Bancorp sells $205.3M in troubled loans, posts a $43.3M loss.

2026-10-24T16:22:53-07:00Articles, private lender loan servicing, private mortgage loan servicing|

BCB Bancorp is divesting $205.3M in nonperforming loans - $180.7M commercial/multifamily - expects a $43.3M pre-tax loss; suited to private lenders. Direct

California shuts down Nano Banc as FDIC estimates $114 million loss.

2026-10-24T16:22:55-07:00Articles, private mortgage loan servicing|

FDIC receivership of California bank projects a $114M DIF loss; Sunwest assumes deposits. Private-lenders should review counterparty exposure, liquidity.

Fed official Barr says homeownership affordability has declined sharply.

2026-10-24T16:23:02-07:00Articles, private loan servicing company, private mortgage loan servicing|

Affordability index hits two-decade low as high home prices, and elevated mortgage rates squeeze buyers—implications for private lenders' lending strategies.

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