Missouri Senator Investigates FICO’s Pricing for Mortgage Credit Scores
Hawley calls for an FTC investigation into FICO mortgage score fees, highlighting 88% margins and potential industry costs of $500 million.
Stockton Mortgage refutes claims of accessing former employees’ emails.
Two former loan officers claim Stockton accessed personal emails; Stockton asserts DLP tools detected misconduct, leading to redaction of sensitive data.
Swalwell Withdraws Privacy Lawsuit Against FHFA’s Pulte
Rep. Eric Swalwell has dismissed his lawsuit against FHFA Director Bill Pulte, alleging violations of federal privacy laws, impacting regulatory dynamics in housing finance.
Michael Banner discusses the struggles of HECM for Purchase adoption.
Reverse mortgage expert Michael Banner highlights how stigmas, inadequate staffing, and limited outreach hinder the underutilization of HECM for Purchase opportunities.
PHH Successfully Transitions to Onity Mortgage Branding
Onity Group's mortgage subsidiary, PHH Mortgage Corp., has rebranded as Onity Mortgage, signaling a strategic shift in branding and services for private lenders.
9 Critical Factors That Drive Interest Reserve Requirements in Private Mortgage Lending Gallery9 Critical Factors That Drive Interest Reserve Requirements in Private Mortgage Lending
loan servicing private lenders, private lender loan servicing, private mortgage loan servicing companies, private mortgage servicing companies
9 Critical Factors That Drive Interest Reserve Requirements in Private Mortgage Lending
Interest reserve requirements in private mortgage lending depend on nine factors. Learn what drives reserve sizing, how each variable affects your exposure, and how expert servicing keeps reserves compliant and accurately tracked.
Buffalo Mayor Proposes 25% Property Tax Increase to Address Budget Deficit
Explore how proposed property tax increases could impact the market dynamics and investment opportunities for private lenders in Buffalo's evolving budget landscape.
7 Critical Factors for Sizing Interest Reserves in Private Lending
Seven variables determine how large an interest reserve needs to be on a private mortgage note. Private lenders who account for all seven at origination protect cash flow, prevent defaults, and maintain portfolio performance when projects hit delays.
The Private Lender’s Guide to Mastering Interest Reserves: 6 Critical Factors GalleryThe Private Lender’s Guide to Mastering Interest Reserves: 6 Critical Factors
loan servicing private lenders, private lender loan servicing, private mortgage loan servicing companies, private mortgage servicing companies
The Private Lender’s Guide to Mastering Interest Reserves: 6 Critical Factors
Six factors determine interest reserve requirements on private mortgage notes: project timeline, borrower profile, property type, leverage ratios, regulatory compliance, and contingency planning. Learn how to size each reserve correctly and avoid the cash flow disruptions that turn project delays into defaults.
Kentucky Home Sales Increase Despite Decline in New Listings
"Explore the rise in Kentucky's median home sales price, reflecting a significant month-over-month increase, despite a decline in new listings."