Bank of America Ordered by CFPB to Pay $12M for False Mortgage Data Submission

2023-11-28T09:33:13-08:00private lender servicing|

As an industry expert, I've summarized a major news update: Bank of America has been fined $12 million by the Consumer Financial Protection Bureau for violating federal mortgage reporting laws. Find out more about this significant development.

Navigating Real Estate Changes: Maximizing Success as an Influencer

2023-11-28T04:26:47-08:00private mortgage loan servicing companies, private mortgage servicing|

As a mortgage industry expert, gain trust, provide clarity, and lead with confidence during industry upheaval. Expert insights from Rene Rodriguez.

MBA identifies advantages and limitations within FHFA’s latest ERCF regulation.

2023-11-27T13:25:39-08:00loan servicing for private money lenders|

"Get insights on the latest rule changes impacting private lenders. Discover how the recent MBA update addresses key issues in the mortgage industry."

Industry Expert Predicts More Consolidation Ahead amidst Mortgage Rate Dip

2023-11-27T12:43:02-08:00loan servicing private lenders, private money loan servicing|

"Mortgage industry expert reveals insights on a prolonged muted origination volume amidst high rates and prices, hinting at future demand growth."

Atlanta-area firms face new lawsuit over copycat commission in Georgia.

2023-11-27T12:36:45-08:00private lender loan servicing, private mortgage servicing companies|

"A lawsuit in Georgia targets NAR, corporate brokerages, and local real estate firms over alleged copycat commission practices. Private lenders take note."

The Impact of Decreasing Mortgage Rates on Spring Housing Inventory

2023-11-27T09:17:18-08:00loan servicing for private money lenders, private loan servicing company|

As a mortgage industry expert, I provide clinical summaries on industry news. Find out how lower mortgage rates are impacting housing supply and increasing demand. Benefit from this valuable insight.

Fidelity National Financial falls prey to cybersecurity breach

2023-11-27T07:32:45-08:00loan servicing private lenders, private mortgage servicing|

Fidelity National Financial faces cybersecurity attack, prompting network shutdown, impacting private lenders. Stay updated with latest industry news.

Freddie Mac reports ongoing decline in mortgage rates ahead of Thanksgiving.

2023-11-27T07:28:59-08:00loan servicing private lenders, private mortgage servicing companies|

Stay updated on the latest mortgage trends as rates experience a significant drop. Discover how homebuyers are cautiously observing further rate reductions.

Ongoing Slowdown in Real Estate Agent Recruitment Highlighted by Relitix’s Agent Movement Index

2023-11-27T07:06:59-08:00private mortgage servicing, private mortgage servicing companies|

"Real estate agents are displaying a lower rate of movement between brokerages, with post-pandemic peaks subsiding, as indicated by Relitix data. Explore the latest insights for private lenders."

Redfin Reports Year’s Highest Level of Pending Home Sales in October

2023-11-17T13:14:06-08:00loan servicing private lenders, private loan servicing company|

"Explore the surge in U.S. pending-home sales, reaching an annual rate of 401,000 in October. This peak, the finest in a year, draws fresh attention to the dynamic mortgage industry."

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