Fannie Mae Adds New $75 Fee to Mortgage Lenders Amid Coronavirus Pandemic

2023-01-27T13:31:57-08:00private mortgage loan servicing, private mortgage loan servicing companies|

As the mortgage industry continues to feel the effects of the coronavirus pandemic, lenders are now being hit with new fees that are adding to the pain. The latest fee is a $75 charge that is being assessed by Fannie Mae on every loan that is delivered to them. This fee is in addition to the other fees that lenders are already paying, and it is expected to add up to millions of dollars in additional costs for the industry.

Guide to Recent Housing Regulations & Policy Updates: Challenges Facing Regulators, Private Sector Solutions & More

2023-01-27T13:30:58-08:00private lender servicing, private mortgage servicing companies|

This article provides an inside look at the latest trends in housing regulation and policy. It discusses the challenges that regulators and policymakers face in trying to keep up with the rapidly changing landscape of the housing market. The article highlights some of the key issues that are currently being debated, including the role of the private sector in providing affordable housing, the need for more flexibility in zoning regulations, and the challenges of regulating short-term rental platforms like Airbnb.

Maximizing Your Home’s Value Through Innovative Home Technology

2023-01-27T13:36:24-08:00loan servicing for private money lenders, private lender servicing|

While the housing market has been struggling in recent years, there has been one bright spot: the growth of innovative home technology. Homebuyers are increasingly interested in properties that feature the latest tech amenities, and as a result, these homes are selling for a premium. In fact, properties with smart home features are worth an average of 5% to 20% more than comparable homes without them. If you're selling a home in today's market, then, it's important to make sure that it has the latest and greatest in home technology. Some of the most popular features that buyers are looking for include home automation systems, energy-efficient appliances, and intelligent security systems. By investing in these sorts of features, you can make your home more attractive to buyers and increase its value at the same time.

The War For Top Talent: Why Companies are Moving Their Operations | Explained

2023-01-27T13:42:11-08:00loan servicing private lenders, private lender servicing|

The "war for top talent" is a major issue in the business world today. Many companies are moving their operations to locations where they can find and retain the best employees. This article discusses the reasons for this "war" and why companies are moving their operations.

Secure Your Future and Mind the Gap: Safeguard Your Home Investment in a Recession Amid Rising Home Prices and Low Housing Inventory

2023-01-27T13:06:35-08:00private lender loan servicing, private money loan servicing|

In the article, "The Looming Housing Market Recession", the author describes the current state of the housing market and the potential for a recession. The author cites several reasons for the potential recession, including the high prices of homes, the high cost of living, and the low inventory of homes. The author also states that the housing market is highly susceptible to economic downturns.

Understanding & Patient Support for Small Businesses Filing for Bankruptcy

2023-01-27T13:37:25-08:00private lender loan servicing, private lender servicing|

Filing for bankruptcy is a difficult decision for anyone to make, and it can be an especially difficult time for small businesses. When your client files for bankruptcy, it is important to be understanding and patient. You may be tempted to immediately start working on a new project or trying to get paid, but it is important to remember that your client is going through a difficult time. It is important to be understanding and patient, and to work with your client to ensure that they are getting the help they need.

Discovering the Best Way to Communicate Rate Changes to Borrowers – Tips For Mortgage Companies

2023-01-27T13:38:36-08:00private loan servicing company, private mortgage servicing|

Many mortgage companies are unsure of the best way to communicate rate changes to their borrowers. Some companies have started using social media to announce changes, while others have released statements to the press. Some companies have even started sending out letters to their customers. The best way to communicate rate changes will vary from company to company, but it is important to make sure that the method chosen is effective and consistent.

Marry The House and Date The Rate: A Cautionary Tale for Buying a Home and Avoiding Overpaying

2023-01-27T13:39:51-08:00private loan servicing company, private money loan servicing|

In recent years, lenders have begun convincing potential homebuyers to "marry the house and date the rate." In other words, they encourage buyers to find a home they love and then shop around for the best mortgage rate. The problem with this approach is that it can lead to buyers overpaying for their homes. Mortgage rates are at historic lows, so now is a great time to buy a home. However, lenders are urging buyers to be cautious when shopping for a home. They should make sure to find a home they love and then shop around for the best mortgage rate. This way, they can avoid overpaying for their home.

Federal Appeals Court Rules CFPB Funding Unconstitutional – Impact of Supreme Court Decision

2023-01-27T13:40:42-08:00private mortgage servicing|

A federal appeals court has ruled that the source of funding for the Consumer Financial Protection Bureau is unconstitutional. The CFPB is a government agency that was created in response to the 2008 financial crisis. The agency is tasked with protecting consumers from unfair and deceptive practices in the financial industry. The CFPB is funded by the Federal Reserve, which is an independent agency. The appellate court ruled that the CFPB's structure violates the separation of powers because it gives the agency too much power. The CFPB can only be overturned by a vote of Congress, and the agency's director can only be removed for cause. The decision will likely be appealed to the Supreme Court. If the Supreme Court upholds the ruling, it could have a major impact on the CFPB's authority.

How to Ease Your Mortgage Payments: Modification or Forbearance? | Get the Facts Now

2023-01-27T13:43:18-08:00private lender servicing, private mortgage loan servicing companies|

There are two ways to ease the burden of monthly mortgage payments when you're struggling to make ends meet: modification and forbearance. A modification permanently changes the terms of your loan, while a forbearance suspends your payments for a set period of time. Each option has its own set of pros and cons, so it's important to choose the one that's right for your particular situation.

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