Plaintiff in Batton case appeals approval of NAR settlement

2025-01-06T12:09:01-08:00loan servicing private lenders, private mortgage servicing companies|

James Mullis has filed an appeal against the final approval of the NAR and HomeServices of America's settlement, raising significant legal concerns.

Understanding Personnel Changes in the Mortgage Industry

2025-01-06T05:17:37-08:00private lender loan servicing, private mortgage servicing companies|

In a shifting mortgage landscape, skilled loan originators excel by focusing on purchase mortgages and innovative strategies to maintain a consistent loan pipeline.

North Carolina Governor Accelerates Temporary Housing Acquisition for Hurricane Victims

2025-01-03T13:26:21-08:00private lender loan servicing, private mortgage servicing companies|

North Carolina is fast-tracking temporary housing for hurricane victims, though eligibility details remain unclear. Learn more about this initiative's impact.

John DiMichele Discusses the Current Landscape of Multiple Listing Services

2025-01-03T12:38:08-08:00private mortgage servicing, private mortgage servicing companies|

Explore insights from John DiMichele, chair of CMLS, as he discusses the evolving role of MLSs in today’s dynamic real estate landscape.

Trump’s HUD Nominee Has Advocated Against Assistance Programs for the Poor

2025-01-03T04:01:42-08:00private loan servicing company, private mortgage servicing companies|

A ProPublica report analyzes past statements and actions by Turner, who critiques the findings as a “negative picture,” raising questions on transparency.

Redfin Reports Increase in Active Listings Driven by Unsold Properties

2024-12-30T14:08:50-08:00private mortgage loan servicing companies, private mortgage servicing companies|

More than half of home listings lingered for over 60 days without contracts, highlighting shifts in market demand and potential opportunities for private lenders.

NAR Settlement Approval Faces Growing Number of Appeals

2024-12-27T04:24:08-08:00private money loan servicing, private mortgage servicing companies|

Two appeals were filed by Hao Zhe Wang, Rosalie Doyle, Jessica Winters, and John Guerra, bringing the total to seven appeals, raising important legal considerations.

Kentucky Home Sales Increase by 4.3% Compared to Previous Year

2024-12-26T12:57:54-08:00private mortgage loan servicing companies, private mortgage servicing companies|

Kentucky's home sales have risen 4.3% year-over-year, with a median price of $267,500, indicating a strengthening real estate market for private lenders.

Mortgage organizations advocate for FHA’s extension of loss mitigation options.

2024-12-23T08:29:17-08:00loan servicing for private money lenders, private mortgage servicing companies|

FHA's proposed updates for permanent loss-mitigation aim to improve practices by incorporating insights gained from COVID-19's temporary policies for better borrower support.

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