Bloomberg reports Figure’s enlistment of banks for lending arm IPO

2023-11-27T08:13:00-08:00private lender loan servicing, private lender servicing|

As a mortgage industry expert, I summarize news for private lenders. Stay updated with Figure Technologies as they hire investment banks for the LendCo IPO.

Battle among Homebuilders Bolsters Economic Growth

2023-11-20T04:06:56-08:00private mortgage loan servicing, private mortgage servicing companies|

"Exploring new strategies employed by builders to combat mortgage rate hikes, now touching 8%. Uncover how increased funding is maintaining the pace in the industry."

The Mortgage Industry Remembers the Late Patti Cook

2023-11-06T12:51:48-08:00loan servicing for private money lenders, private mortgage loan servicing|

"Pioneering industry figure, Patricia 'Patti' Cook, passed away at her home at age 70. Her 45-year tenure in the mortgage sector left an indelible mark and shattered glass ceilings."

CondoTek and MGIC Launch Solution for Condo Compliance Issues

2023-11-03T14:25:10-07:00private mortgage loan servicing companies|

"Discover CondoTek and MGIC's new condo compliance solution, offered at no additional cost with CondoTek's CPW. A breakthrough development in real estate compliance."

RE/MAX Untroubled by Resulting $55M Commission Lawsuit Settlements

2023-11-03T11:57:34-07:00private lender loan servicing, private mortgage servicing companies|

"Explore the historical correlation between commission rates and supply-demand metrics in the mortgage industry, as noted by RE/MAX CEO, Nick Bailey."

ICE Mortgage Business Thrives in Q3 Amid Industry Challenges

2023-11-03T06:08:22-07:00private loan servicing company, private mortgage loan servicing companies|

"ICE Mortgage Technology delivers strong Q3 results with a notable $131M in operating income. Increase driven by robust sales from Encompass loan origination system and MSP solutions."

Accurate Group Expands Portfolio with Acquisition of AMC Voxtur

2023-11-01T13:57:46-07:00loan servicing private lenders, private loan servicing company|

"Accurate Group set to widen its appraisal services, aiming at enhancing its impact across mortgage lending, default, and servicing sectors. A strategic move for private lenders."

Zillow Secures Acquisition of CRM Platform, Follow Up Boss

2023-11-01T10:25:54-07:00private lender servicing, private mortgage servicing companies|

"Zillow Group gears up to purchase CRM system, Follow Up Boss, in an impressive deal worth up to $500 million, escalating advancements in the mortgage industry."

Unexpected Guilty Verdict in Commission Lawsuit Impacts Real Estate Industry

2023-11-01T04:57:18-07:00loan servicing private lenders, private loan servicing company|

"Experts discuss potential changes in real estate operations and industry future post Sitzer/Burnett verdict. Private lenders may see shifts in agent behaviour and commission norms."

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