Illinois Realtors’ Leaders Address Market Challenges and Growth Prospects

2025-02-11T06:18:39-08:00private mortgage servicing, private mortgage servicing companies|

Join Tracey Velt as she engages with Illinois Realtors' president Tommy Choi and CEO Jeff Baker to explore industry challenges, opportunities, and education.

Rocket’s Innovative Communication Strategy: TikTok Influencers’ Role

2025-02-10T13:49:00-08:00loan servicing private lenders, private mortgage servicing companies|

Social media influencers Campbell Puckett and Joey Graziadei share their insights on Rocket Companies’ impactful Super Bowl ad, sparking conversation in the industry.

Fifteen percent of California homebuyers can afford a median-priced home.

2025-02-10T12:22:55-08:00private mortgage loan servicing, private mortgage servicing companies|

Only 15% of California homebuyers could meet the income threshold for a median-priced home, highlighting affordability challenges in the market.

John Burns: The narrative of the ‘California exodus’ is concluding.

2025-02-10T04:55:29-08:00private mortgage servicing, private mortgage servicing companies|

New findings challenge the "California exodus" narrative, highlighting resilience in the housing market despite rising prices and competition for private lenders.

Gibson plaintiffs claim eXp and Weichert engaged in reverse auctions.

2025-02-07T09:46:08-08:00private mortgage servicing companies|

Gibson plaintiffs express strong opposition to the settlements between eXp and Weichert with the Hooper plaintiffs, raising concerns over industry practices.

Rithm Capital reports 57% profit growth for Newrez’s parent company.

2025-02-07T06:24:36-08:00private money loan servicing, private mortgage servicing companies|

Rithm Capital, parent of Newrez, reports impressive growth, achieving $835 million net income in 2024—up 57% from the previous year’s $533 million profit.

Longbridge and Mutual of Omaha Obtain Delay in Reverse Mortgage Lawsuit

2025-02-07T05:08:24-08:00private money loan servicing, private mortgage servicing companies|

A lawsuit and countersuit over alleged deceptive marketing practices in reverse mortgages have extended crucial deadlines, impacting industry stakeholders' strategies.

Climate Risk and Its Effects on Property Valuation in the U.S. and Canada

2025-02-05T06:31:30-08:00private money loan servicing, private mortgage servicing companies|

Explore the impact of climate risks on U.S. and Canadian real estate, highlighting regional challenges for property values and mortgage lending strategies.

Concerns Rise Over a Weaker CFPB and Its Impact on Enforcement Standards

2025-02-04T13:54:39-08:00private mortgage servicing, private mortgage servicing companies|

Scott Bessent's recent appointment as acting director of the CFPB and his order to pause bureau activities raises implications for private lenders and regulatory compliance.

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