First American’s $1 Million Cybersecurity Settlement Marks Milestone

2023-11-28T09:18:07-08:00private mortgage servicing companies|

As an industry expert, I provide clinical summaries of mortgage news. First American, a Big Four title firm, to pay $1M settlement to NY Department of Financial Services over cybersecurity violation. Interesting for private lenders.

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."

Florida Home Sales Decline as Prices Experience Volatility

2023-11-27T12:59:27-08:00private lender servicing, private mortgage servicing companies|

Florida's single-family existing home supply grew 29.6% YoY in October, upholding interest for private lenders. Read more on Florida's housing market trends.

Mastering Assignment of Rents in California Real Estate: Expert Insights

2023-11-27T09:15:58-08:00private loan servicing company, private mortgage loan servicing|

As a mortgage industry expert, discover how to navigate the complexities of Assignment of Rents in California Real Estate for private lenders.

Foreclosure starts increase in October, yet near-term risk remains limited: ICE.

2023-11-27T06:55:56-08:00loan servicing for private money lenders, private loan servicing company|

Foreclosure starts surge, reaching an 18-month peak, yet loans in foreclosure display a 25% decrease from pre-pandemic levels. Valuable insights for private lenders.

Sculptor Successfully Acquired by Rithm Capital in Latest Industry Move

2023-11-17T13:04:48-08:00loan servicing private lenders, private mortgage loan servicing companies|

"New York's Rithm Capital finalizes acquisition of Sculptor Capital Management at $719.8M. A transformative step for private lenders considering industry diversification."

Annual Surge of Nearly 40% in New Home Mortgage Applications: Insights from MBA

2023-11-17T05:42:29-08:00private money loan servicing, private mortgage servicing companies|

"Discover how mortgage demand spiked by nearly 40% in October YoY, driven by a surge for new homes due to depleted inventory of existing properties."

Jason Bressler of UWM Discusses the Impact of Failure on Technological Innovation

2023-11-17T05:28:05-08:00private money loan servicing, private mortgage servicing companies|

"Discover how UWM's Jason Bressler fosters a culture that champions progress through failure as part of the job. An intriguing perspective for private lenders."

Mortgage Rates Witness a Downward Trend for Three Consecutive Weeks

2023-11-17T05:06:04-08:00private mortgage loan servicing, private mortgage loan servicing companies|

"Mortgage rates experience a decline this week, influenced by October's inflation report affecting the 10-year Treasury yield. Relevant for private lenders seeking market insights."

Robert Reffkin: The Real Estate Market is at Its Prime for Success

2023-11-17T05:05:11-08:00private loan servicing company, private mortgage loan servicing companies|

"Amid antitrust lawsuits, volatile mortgage rates, and a housing shortage, Compass CEO, Robert Reffkin, remains bullish on the real estate industry's future. Read on for in-depth insights."

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