Redfin reports 18-month high in homes with price cuts

2024-05-31T04:48:57-07:00private mortgage loan servicing companies, private mortgage servicing|

Discover the latest industry trends in housing market with Redfin's report showing 6.4% of homes had price cuts in May. Valuable insights for private lenders.

Misleading rumors of NAR’s member decline clarified with only 45K loss since December

2024-05-29T09:28:49-07:00private money loan servicing, private mortgage loan servicing|

Discover the latest insights on the mortgage industry for private lenders. Learn about the current NAR membership trends and what it means for the market.

Shareholders Approve Rebranding of Liberty Reverse Parent

2024-05-28T14:43:26-07:00loan servicing for private money lenders, private money loan servicing|

Stay informed on the latest rebranding news in the mortgage industry. The parent company of Liberty Reverse Mortgage is set for a new identity in June.

Dismissal of eXp and Glenn Sanford from Sexual Assault Lawsuit

2024-05-28T12:24:47-07:00loan servicing private lenders, private lender servicing|

A recent court decision found that a brokerage and its leader were not deemed financially responsible or informed about alleged sexual assaults. Ideal for private lenders looking for industry news.

Arkansas Bank Resolves Alleged Violations with FDIC, Including Reverse Mortgages

2024-05-28T12:18:07-07:00private mortgage loan servicing companies, private mortgage servicing|

Learn about a recent fine levied by the FDIC against an Arkansas regional bank for alleged violations, including related to reverse mortgages.

HUD announces relief for Texas disaster victims with new assistance programs

2024-05-24T14:42:24-07:00loan servicing private lenders, private mortgage servicing|

Stay informed on HUD's foreclosure moratorium extension in Texas for FHA-insured borrowers affected by recent storms. Important news for private lenders.

GOP informs FHFA of opposition to Freddie Mac’s closed-end second mortgage plan

2024-05-24T13:17:03-07:00loan servicing private lenders, private mortgage servicing companies|

Analysis by industry experts warns that new legislation could potentially impact inflation rates and pose higher risks to private lenders.

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