Freddie Mac CEO Michael DeVito to Retire in 4 Years

2023-09-08T10:32:33-07:00private mortgage loan servicing companies, private mortgage servicing|

Freddie Mac CEO Michael DeVito To Retire in Early 2024 - Insider Report for Private Lenders. Learn about the recent announcement from Freddie Mac that the company's CEO Michael DeVito will be retiring in the first quarter of 2024. Get the details on why he's leaving and what this means for private lenders.

Use AI to Automate Title Status Checks

2023-09-08T09:10:40-07:00private mortgage servicing, private mortgage servicing companies|

Mortgages are an integral part of the real estate industry, but delays in closings have been a major issue for years. According to recent studies, the average time from mortgage application to closing has been consistently around 50 days. It has been an immense [...]

Homeownership Heats Up as Dream Becomes Reality

2023-09-08T08:49:41-07:00loan servicing for private money lenders, private mortgage servicing|

Private lenders play an increasingly important role for borrowers. Understanding the market and its unique demands is essential to success. This summary provides private lenders with the knowledge needed to approach mortgages with confidence. This summary provides invaluable insight for private lenders navigating the mortgage market. A better understanding of the distinct demands of the market is essential for success. With the necessary knowledge, lenders can confidently approach any situation and successfully realize their borrowers' American Dreams.

. New Agents Now Eligible for Exp Realty Profit Sharing Program

2023-09-08T06:11:21-07:00private loan servicing company, private mortgage servicing|

New eXp Realty agents get more rewards! Agents now have access to higher revenue share tiers with the launch of Accelerate program. Find out how Accelerate program is helping Realty agents increase their earnings and meet their financial goals. #Realty #Accelerate #Income

. Mortgage Interest Dips to Two-Decade Low

2023-09-06T06:37:58-07:00private loan servicing company, private mortgage servicing|

Discover how the mortgage market is responding to the decrease in interest rates and why this shift may be beneficial for private lenders. Explore how the latest figures affect the industry and what opportunities arise from current trends.

ICE Acquires Black Knight for $11.9B

2023-09-05T08:38:29-07:00private money loan servicing, private mortgage servicing|

This meta-description aims to inform private lenders of the news that ICE completed its acquisition of Black Knight for $11.9 billion after more than a year of antitrust challenges. Learn how this affects the mortgage lending industry and its implications on private lenders.

Mortgage Rates Decrease Despite Remaining at 22-Year High

2023-09-01T06:14:08-07:00loan servicing private lenders, private mortgage servicing|

Mortgage rates moved lower modestly after job openings declined in July, leaving them below pre-pandemic levels. Despite this, they still remain above average, providing an opportunity for private lenders to capitalize on higher demand.

in Record-Breaking Deal. NexTier Bank Acquires Mars Bank in Record Deal

2023-09-01T05:31:15-07:00loan servicing private lenders, private mortgage servicing|

NexTier Bank announces acquisition of Mars Bancorp, boosting total assets to over $2.6 billion. Learn the story of this mutually beneficial deal and the positive impacts for private lenders.

What it means for Homebuyers: What July’s 0.9% Rise in Pending Home Sales Means

2023-08-31T09:52:25-07:00private mortgage loan servicing companies, private mortgage servicing|

"Stay informed about the latest information in the home sales market with this article. Discover the July data released by the National Association of Realtors which reveals a rise of 0.9% in pending home sales, mirroring overall sector growth of +4.4%. Get the details you need to make informed decisions as a private lender."

UWM Shares Pledged as Collateral for 2 Loans Prior to NBA Deal

2023-08-29T11:52:12-07:00private mortgage loan servicing companies, private mortgage servicing|

This summary outlines Mat Ishbia's outstanding commitment to ensure the acquisition of the Phoenix Suns. It highlights his support, providing more than half the shares of his mortgage company as a guarantee to secure loans. This is excellent news for private lenders looking for reliable investments.

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