AmeriFirst Financial, Mortgage Lender, Files for Bankruptcy

2023-08-25T10:21:17-07:00loan servicing private lenders, private mortgage servicing companies|

AmeriFirst Financial Inc. recently filed for bankruptcy, just two months after re-launching its forward mortgage origination business. Learn how the financial industry has been impacted by this unexpected collapse and how it affects lenders both public and private. Get the inside scoop and find out what's next.

Fannie Mae: Home Sales Won’t Rebound in 2024 Despite Soft Landing

2023-08-25T06:00:09-07:00private money loan servicing, private mortgage servicing companies|

"Fannie Mae's forecast shows that in spite of the possibility of a soft landing, home sales in 2023 are predicted to stay on par with levels experienced in 2009. 2024 is expected to herald a slight improvement. Get the insight you need to make informed decisions about private lending."

Mortgage Rates Reach New High Above 7%

2023-08-25T05:47:22-07:00private mortgage servicing, private mortgage servicing companies|

"Mortgage rates have risen yet again last week as the bond market strives to keep up with a growing economy in the lead up to the next Federal Open Market Committee meeting. Keep abreast of how mortgage rates are responding and find out what it could mean for your loan."

Home Sales Continue to Climb Despite Rising Mortgage Rates

2023-08-23T14:40:56-07:00loan servicing private lenders, private mortgage servicing companies|

Enjoy the Benefits of Home Ownership Despite Rising Rates: Private lenders can help build the dream of home ownership even in today's uncertain market with higher mortgage rates. Home buyers and builders alike are finding success in meeting their goals through the innovative programs offered by private lenders. Let new home ownership become your reality now.

Assessing Damage of Hawaii’s Lahaina Wildfire

2023-08-23T09:59:47-07:00loan servicing private lenders, private mortgage servicing companies|

This expert summary from an industry veteran explains the financial impact of the recent damage in Lahaina, and examines the current analysis of the $450 million in rebuilding costs for residential structures. Tune in for the latest insights and analysis related to private lenders.

July Home Sales Surge: Is It Sustainable?

2023-08-23T08:35:31-07:00loan servicing private lenders, private mortgage servicing companies|

This summer's housing market brought good news – a 4.4% rise in new home sales. Prices remain affordable, with a year-over-year decrease reported in all four past months. It's the perfect time for private lenders to consider investing in the housing market's resurgence.

Trade groups caution risks of unintended consequences from proposed AVM rules.

2023-08-22T09:24:09-07:00private mortgage loan servicing, private mortgage servicing companies|

MBA and CBA experts agree: Automated Valuation Models (AVMs) can mitigate the appraiser shortage, reduce costs, and protect against bias, but principled regulation is essential. Find out why AVMs are the way forward for private lenders.

. Mortgage Rates Up But Inventory Remains Low

2023-08-21T04:28:57-07:00private mortgage loan servicing companies, private mortgage servicing companies|

Fresh insights on mortgage rates, inventory growth, & purchase applications - Expert analysis of recent housing data reveals high mortgage rates, stagnant inventory growth, and only minor fluctuations in the purchase application data. Mortgage industry professionals and private lenders can stay up-to-date with this informed analysis from an experienced expert.

Court Rules in Favor of NAR, Zillow in Antitrust Case

2023-08-18T05:41:11-07:00private money loan servicing, private mortgage servicing companies|

"REX Real Estate v. NAR and Zillow: Private Lenders Be Aware! Federal Court Judge Dismissed All Antitrust Allegations. Get the Lowdown on Impact for Private Lenders Now."

Construction Firm & Agent Squeeze in Phoenix Due to Building Restrictions

2023-08-16T14:14:58-07:00loan servicing for private money lenders, private mortgage servicing companies|

The Arizona drought has caused concern among residential builders and agents: Phoenix is no longer issuing building permits in certain areas. Discover how the lack of permits affects the private lending sector. Learn how lenders can help ease the strain in these challenging times.

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