loanDepot’s Q1 financial performance affected by cyberattack, resulting in $38M loss

2024-05-08T05:34:47-07:00loan servicing for private money lenders, private lender loan servicing|

Expert summary on mortgage industry news: President and CEO Frank Martell discusses quick restoration after cyber incident, with associated revenue loss and added expenses.

Warren Buffett praises effectiveness of real estate agent commission structure

2024-05-06T14:36:59-07:00loan servicing private lenders, private lender loan servicing|

Learn how negotiating commission rates can impact the mortgage industry and why Warren Buffett believes the system is working well for shareholders.

Forecast predicts U.S. real estate fencing market will exceed $14.1 billion

2024-05-06T13:29:25-07:00private money loan servicing, private mortgage servicing companies|

Discover how concerns over crime are fueling growth in the US real estate fencing market, with a forecast to reach $14.1 billion by 2032. Learn more.

Trade groups voice concerns about VA timeline for defaulted loan purchase program.

2024-05-06T08:06:26-07:00loan servicing private lenders, private mortgage loan servicing|

Stay informed with industry news. MBA and NHC express concern over the quick implementation timeline for servicers to join the VASP program.

Massachusetts permanently allows remote reverse mortgage counseling

2024-05-03T14:06:35-07:00private lender loan servicing, private mortgage loan servicing|

Stay informed on the latest development in the mortgage industry. Discover how reverse mortgage counseling is now available online in Massachusetts.

Rocket reports $291 million profit with higher margins and MSR purchases

2024-05-03T04:53:34-07:00loan servicing for private money lenders|

Discover industry news on Detroit-based lender's record-setting GAAP net income of $291 million in Q1, positioning them as a profitable choice for private lenders.

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