Availability of Down Payment Assistance Expands Significantly
DPR's latest report reveals 2,619 down payment programs, with 62% featuring income limits exceeding $100,000 and broader eligibility criteria for buyers.
DPR's latest report reveals 2,619 down payment programs, with 62% featuring income limits exceeding $100,000 and broader eligibility criteria for buyers.
Private mortgage note servicers that build seven automation features into their operations eliminate the administrative bottlenecks and compliance gaps that expose portfolios to unnecessary risk — from payment processing errors to missed escrow deadlines.
Private lending investors won't fund a deal without ten specific data points. Here's what they demand, and how to have it ready before you ask for capital.
Discover the seven automation features every private mortgage servicing platform must have — from payment processing and escrow management to compliance reporting and portfolio analytics — and how they protect lenders from operational and regulatory risk at scale.
TikTok's U.S. joint venture secures its operations by implementing data safeguards, providing clarity for mortgage lenders utilizing the platform effectively.
Judge Alexakis dismissed the Sheth discrimination lawsuit against NAR with prejudice, concluding the legal dispute initiated by the former employee.
Modern private mortgage servicing software should automate payment reconciliation, escrow management, compliance reporting, and default tracking. Here are the seven features that define a capable servicing platform - and the failure modes each one eliminates.
Newfi's updated DSCR loan guidelines now allow investors to utilize up to 50% of crypto mutual funds or ETFs as reserves, enhancing financing flexibility.
Realtors expect continued adherence to existing fair housing regulations, suggesting that significant changes in practices for private lenders are unlikely.
Manual private mortgage servicing creates compounding risk as portfolios grow. These seven automation features - from payment reconciliation to loan boarding - define the baseline for a professional, compliant servicing operation.