FCC’s Lead Generation Rules May Hasten Lawsuits on Lenders
Looking to understand the latest industry changes? Explore how the FCC's new rules are shaking up the market for potential homebuyer leads, important for private lenders.
Commercial and Multifamily Mortgage Debt Increases by $37.1 Billion in Q3
Commercial banks hold the majority (38%) of commercial/multifamily mortgages, totaling $1.8 trillion. Check out the latest increase of $37.1 billion in Q3.
UWM to introduce discounted rates for refinancing government loans.
As an industry expert in the mortgage field, I provide insightful summaries of news. Discover UWM's latest initiative offering exclusive rates for brokers. Act before Jan. 31, 2024.
Cenlar FSB and BaseCap Collaborate on Servicing Compliance Program
Cenlar FSB and BaseCap collaborate to optimize regulatory compliance and operational processes, empowering private lenders seeking growth and efficiency.
EasyKnock faces scrutiny over alleged deceptive sale-leaseback practices in Massachusetts.
Mass. Attorney General fines EasyKnock $200k, bans sale-leaseback scheme. Proptech firm compelled to cease operations; relevant for private lenders.
Wall Street Investors’ Share of Home Purchases Remains Steady
Despite the hype, big investors remain a small fraction of homebuyers and are not responsible for the scarcity of housing inventory. Find out more.
Wells Fargo resolves lawsuit with former LO regarding alleged discriminatory lending practices.
Wells Fargo resolves lawsuit over alleged discriminatory lending practices with former mortgage consultant. Get insights for private lenders.
Redfin unveils advanced AI tool for listing photos
Discover Redfin Redesign, an AI-powered tool revolutionizing home photos for potential buyers. Enhance your property listings with captivating visuals.
Pennymac secures $750M in unsecured debt funds.
Pennymac Financial Services surpasses expectations, raising $750 million with institutional investors, indicating strong confidence in the company's potential for private lenders.
CBC Mortgage Agency provides temporary rate buydowns for FHA loans.
Looking to invest in mortgages? The CBC Mortgage Agency introduces temporary rate buydown options for FHA down payment assistance on first mortgages. Explore now!