HUD Secretary Nominee Scott Turner Scheduled for Senate Confirmation Hearing

2025-01-10T13:51:09-08:00private lender loan servicing, private mortgage servicing companies|

Scott Turner will face bipartisan questioning in his confirmation hearing, presenting an opportunity to outline his vision for leading the agency amid industry challenges.

New York Governor to Propose Limits on Hedge Fund Purchases of Homes

2025-01-10T13:21:13-08:00private lender servicing, private mortgage servicing companies|

New York's Governor proposes measures to curb private equity's influence on single-family home purchases, impacting local homeowners and market dynamics.

Teresa Carlile Appointed President of Ridgeland Mortgage

2025-01-10T11:29:15-08:00private mortgage loan servicing, private mortgage servicing companies|

"Teresa Carlile takes the helm as president of Ridgeland Mortgage, bringing extensive experience from Travelers to enhance operations and growth strategies."

Analysis Reveals Leading Market for First-Time Homebuyers

2025-01-09T13:28:57-08:00private mortgage loan servicing companies, private mortgage servicing companies|

Explore the latest insights on top markets for first-time homebuyers, where median listing prices are significantly lower than the national average.

Bayview reaches $20 million settlement with 53 state regulators over cyberattack

2025-01-08T11:56:35-08:00private loan servicing company, private mortgage servicing companies|

Bayview Asset Management and its subsidiaries will pay a $20 million fine and implement corrective measures after a significant data breach impacting 5.8 million customers.

Rising mortgage rates over 7% are affecting the housing market outlook.

2025-01-07T14:26:19-08:00loan servicing private lenders, private mortgage servicing companies|

Despite recent Fed rate cuts totaling 100 bps, mortgage rates, including the 30-year fixed, have increased by 78 bps, diverging from expected trends.

HUD Allocates $12 Billion for Long-Term Disaster Assistance in 24 States

2025-01-07T14:17:11-08:00private lender loan servicing, private mortgage servicing companies|

New funding initiatives are set to aid communities affected by natural disasters like hurricanes and wildfires, fostering recovery and resilience in impacted areas.

Consumer sentiment regarding mortgage rates has improved compared to last year.

2025-01-07T10:37:16-08:00private mortgage loan servicing, private mortgage servicing companies|

Consumer optimism regarding mortgage rates has increased compared to last year, as highlighted by Fannie Mae's latest Home Purchase Sentiment Index.

Mungo Homes names Geoff Shiley as its new CEO.

2025-01-07T09:45:32-08:00private mortgage loan servicing companies, private mortgage servicing companies|

Shiley, a seasoned leader at Mungo Homes for nearly two decades, recently served as president and chief operations officer, driving industry innovation and growth.

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