"A shocking investigation uncovered that ACI Worldwide & ACI Payments processed $2.3 billion in unauthorized mortgage payments from nearly 500,000 homeowners serviced by Mr. Cooper. Get all the details from this mortgage industry expert on this groundbreaking news."
Summer has brought with it an encouraging increase in housing inventory. Last week, the total active inventory rose by 8,886 homes, offering hope to prospective buyers and private lenders alike. Get up to date insights and know the best options available for your situation.
"A new congressional report analyzed by the FHFA has found that GSEs together have a combined adjusted total risk-based capital shortfall of $421 billion. With expertise in the mortgage industry, find out what this means and what actions can be taken by private lenders."
Mortgage application demand rose 0.5% from the prior week, while demand for purchase mortgages dropped 32% from last year. Private lenders must confront a challenging lending environment as key housing markets continue to face inventory shortages and rising prices.
"Recent jumps in housing starts and builders' confidence suggest that the housing recession may have come to an end. Learn more about what this new trend means for private lenders and those interested in today's real estate market."
David Smith is an experienced mortgage industry specialist offering expertise in mortgage lending, insurance and title services. With over 15 years of professional experience, he is a dependable asset for both private and corporate clients looking for comprehensive and reliable mortgage solutions.
This meta description provides insight into mortgage industry news relevant to private lenders. Gain knowledge of key topics such as borrower communications, fair housing and ways to access HUD programs that are designed to provide assistance. Get the latest information here without the commitment and hassle of researching multiple sources.
Mortgage rates near 7% last week didn't stop purchase applications from achieving an 8% week-to-week gain. Learn why the private mortgage industry is experiencing stable demand despite rising rates.
Be informed of the latest in the mortgage industry - Get an insightful summary of the Mortgage Bankers Association's recent findings regarding consumer demand spurred on by two consecutive weeks of mortgage rate drops. Take advantage of industry news to make the best decision regarding your home loan.
Take control of your finances and navigate the financial markets with expert advice from private lenders. Make smart decisions and secure a successful financial future today.
