in Record-Breaking Deal. NexTier Bank Acquires Mars Bank in Record Deal

2023-09-01T05:31:15-07:00loan servicing private lenders, private mortgage servicing|

NexTier Bank announces acquisition of Mars Bancorp, boosting total assets to over $2.6 billion. Learn the story of this mutually beneficial deal and the positive impacts for private lenders.

Freddie Mac Appoints Lillestolen VP of Targeted Affordable Housing

2023-08-30T14:37:07-07:00private lender loan servicing, private mortgage loan servicing companies|

This Mortgage Industry Expert has helped Freddie Mac's affordable housing goals exceed expectation in 2022. Now, he is proudly recognized as a 2023 Rising Star by HousingWire, making him a leader in the industry. Read the full story to learn more.

Realtor.com Potential Maximized: Expanding Audience, Generating Leads, Increasing Listings

2023-08-30T14:22:04-07:00private lender servicing, private mortgage servicing companies|

Damian Eales, the new CEO of Realtor.com, is quickly changing the landscape of the mortgage industry with his expansion plan. Hear about his bold vision and get insights into how Eales is poised to shake up the real estate market during his fireside chat with Tom Ferry at the Tom Ferry Success Summit in Dallas.

Demand Trends for Housing – Logan Mohtashami Explains Impact of Interest Rates on Home Supply and Demand

2023-08-31T09:51:59-07:00loan servicing private lenders, private loan servicing company|

"HousingWire Lead Analyst Logan Mohtashami appeared on CNBC to give insights into the state of the US housing market. Get an expert analysis on the private lending market and what the future may hold from an industry leader."

UWM Shares Pledged as Collateral for 2 Loans Prior to NBA Deal

2023-08-29T11:52:12-07:00private mortgage loan servicing companies, private mortgage servicing|

This summary outlines Mat Ishbia's outstanding commitment to ensure the acquisition of the Phoenix Suns. It highlights his support, providing more than half the shares of his mortgage company as a guarantee to secure loans. This is excellent news for private lenders looking for reliable investments.

American Bank of Oklahoma Resolves Redlining Allegations with $1.5M Settlement.

2023-08-29T09:41:19-07:00loan servicing for private money lenders, private lender servicing|

The American Bank of Oklahoma has recently reached a settlement with the Department of Justice after allegations of discriminatory redlining practices in the majority Black and Hispanic populated areas of Tulsa. Discover which areas of the city were affected and what steps the bank is taking to restore investment in these underserved communities.

Q2 Net Loss Widened to $45.5M Despite Better Reports

2023-08-28T13:48:22-07:00private lender servicing, private mortgage servicing|

Better saw strong growth in Q2 of 2020 with another increase in origination volume. With $900 million funded across 2,421 loans, lending activity was up compared to Q1 where $800 million across 2,347 loans was funded. Learn more about how the private lending industry has experienced growth.

Better’s Debut on Nasdaq Leads to Sharp Drop in Shares

2023-08-25T04:49:21-07:00private money loan servicing, private mortgage loan servicing|

"Shares of Better Home & Finance Holding, the parent of digital lender Better.com, made a rocky debut on Nasdaq Thursday. Discover why investors were wary of the innovative fintech company and get expert insight into the rapidly growing online finance market."

Rep. Waters Calls for Concessions in ICE-Black Knight Settlement

2023-08-23T10:33:38-07:00private lender servicing, private loan servicing company|

recently called for greater oversight of private lenders to protect consumers. This news summary explains the potential implications and risks associated with the potential merger for private lenders.

International Top Georgia Agent Joins Ansley Christie’s International Real Estate

2023-08-22T12:55:05-07:00private mortgage loan servicing, private mortgage servicing|

Discover the impact that Shirley Gary and her team are making in the Atlanta real estate market: 25 agents join Christie's International Real Estate from Engel & Völkers franchise, providing an unrivaled level of expertise & knowledge for property buyers and sellers in Atlanta & north Georgia.

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