Mortgage Rates Face Initial Stress Test: Will They Reach 8%?

2023-08-18T06:29:49-07:00private loan servicing company, private money loan servicing|

This article examines the financial factors at play when discussing the possibility of mortgage rates rising to 8%, based on the 10-year yield closing above 4.25%, and what this means for private lenders. Get the facts you need to determine how the rise in mortgage rates will affect your investments.

Understand Home Prices Before Investing: Smart Tips for Buyers

2023-08-18T06:17:35-07:00private lender servicing, private money loan servicing|

Take a look at this guide for private lenders to maximize their listing appointments. Get answers to the 10 important questions that must be asked, and gain valuable insight about pricing strategies, so you can make the most of every listing opportunities.

Court Rules in Favor of NAR, Zillow in Antitrust Case

2023-08-18T05:41:11-07:00private money loan servicing, private mortgage servicing companies|

"REX Real Estate v. NAR and Zillow: Private Lenders Be Aware! Federal Court Judge Dismissed All Antitrust Allegations. Get the Lowdown on Impact for Private Lenders Now."

BoA Prevails in Appeal vs. Cook County on Predatory Lending Claims

2023-08-18T04:57:12-07:00private mortgage loan servicing, private mortgage loan servicing companies|

Discover how Bank of America successfully defended against allegations of predatory lending activities by Cook County, Illinois. Learn how the ruling is a major victory for private lenders and how it may affect them in the future.

Housing starts increase in July despite challenges.

2023-08-16T13:26:01-07:00loan servicing for private money lenders, private mortgage loan servicing companies|

Discover the key implications for the mortgage industry of U.S. single-family homebuilding building picking up in July, reaching a seasonally adjusted annual rate of 1.452 million. A deep dive on why starts have been down 13 of the last 15 months on a year over year basis and what it means for lenders.

Mortgage News: Striking the Right Balance With IMBs

2023-08-16T08:33:15-07:00private lender servicing, private mortgage servicing|

This week's DataDigest provides an insightful look into the world of mortgage lending. Discover the top lenders, their strategies, and explore when great opportunities may be available for private lenders. Start reading now for an expert guide on mortgage industry news!

Former Employees Sue Rocket Mortgage for Unpaid Overtime Wages

2023-08-15T09:42:55-07:00private lender servicing, private money loan servicing|

This meta title will help private lenders stay informed about the growing issue of lack of overtime pay in the mortgage industry. "Two Private Mortgage Lenders Sue Rocket Mortgage for Unpaid Overtime - Details of the Class-Action Lawsuit" providing an insight into a lawsuit claiming unpaid overtime wages.

Harness Non-QM Loans to Help Balance Refinancing Dwindle

2023-08-14T08:43:13-07:00private lender loan servicing, private lender servicing|

Be informed on the latest opportunities and regulations. "Be informed on the latest private lender opportunities and regulations that enable you to expand your pool of prospects and replace lost volume. Get the expertise you need to stay ahead in the mortgage industry with our industry-leading insights."

Rocket Mortgage to Hire 500 Remote LOs by 2023

2023-08-14T08:18:58-07:00loan servicing private lenders, private lender servicing|

Rocket Mortgages, a private lender, plans to hire 500 new loan originators to aid their presence in the purchase market. Keep up with the latest trends in the mortgage industry to make sure you are making the best decisions for your clients.

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