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.

Opposition to Rent Control on GSE-Backed Multifamily Properties

2023-08-14T04:12:23-07:00loan servicing for private money lenders, private mortgage servicing companies|

This coalition of important housing providers, renters' associations, and lenders believes rent control could hurt renters, not help them. Discover why rent control could reduce capital for housing supply and cause rents to rise, instead of protecting renters. Get the facts from housing industry experts.

Better.com IPO Proposal Gains Approval

2023-08-11T09:29:04-07:00private lender servicing, private mortgage loan servicing companies|

For experienced mortgage industry professionals in New York, now's the time to find out about the public offering of Better.com. Discover how this digital lender, almost two years after its initial plan, is making its way to the stock market via a SPAC merger with Aurora Acquisition Corporation. Stay informed and up-to-date on the latest news and developments.

. Western Asset Merges with AG Mortgage After Refusing Terra

2023-08-11T09:20:04-07:00loan servicing for private money lenders, private loan servicing company|

"AG Mortgage Investment Trust, Inc. has entered into a definitive agreement to merge with Western Asset Mortgage Capital Corp., outbidding their competition. Learn more about the industry-changing news from a mortgage industry expert now!"

Low-Cost Real Estate Brokerages Making Strides in the Market

2023-08-11T06:37:50-07:00private lender servicing, private loan servicing company|

"Private lenders can get the best of both worlds with flat-fee brokers. Agents under their flag get to keep 100% of their commissions and have the flexibility to choose how to structure their services while meeting the needs of the borrower."

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