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.

Mortgage Rates Hinder Home Listings

2023-08-28T05:14:52-07:00loan servicing for private money lenders, private mortgage loan servicing|

Discover the truth behind how recent higher mortgage rates have impacted new listings data. Uncover the surprising movements and impacts on new listings last week when the Fed spoke at Jackson Hole. Learn the effect purchase applications had and their possible connection to a decline in new data. Stay informed for the latest data and impact of higher mortgage rates.

Mortgage Rates Reach New High Above 7%

2023-08-25T05:47:22-07:00private mortgage servicing, private mortgage servicing companies|

"Mortgage rates have risen yet again last week as the bond market strives to keep up with a growing economy in the lead up to the next Federal Open Market Committee meeting. Keep abreast of how mortgage rates are responding and find out what it could mean for your loan."

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."

Rapattoni’s MLS Services Resume After Cyber Attack

2023-08-23T14:05:27-07:00loan servicing for private money lenders, private lender loan servicing|

Rapattoni MLS Software Security Breach Overcome: Software Back Online for Private Lenders. After a crippling cyber attack earlier this month, Rapattoni, the multiple listings service software provider is back operational in multiple markets. Get the details on the security breach & how privacy & safety of private lender data is ensured.

Tom Ferry Offers Coaching Tips for Real Estate Recruiting

2023-08-23T13:43:46-07:00private lender loan servicing, private money loan servicing|

Mortgage industry experts predict a sustained and long lasting market, and thus it is more important than ever to ensure businesses create plans and strategies for their longevity and success. At the recent Tom Ferry Success Summit in Dallas, experienced coach Emily Kettenburg shared [...]

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.

Mortgage Forbearance Rates Increase in July

2023-08-22T10:25:17-07:00private loan servicing company, private mortgage loan servicing|

With the dramatic decrease in forbearance plans since 2020, COVID-19 continues to have a tremendous effect with nearly two-thirds of mortgage borrowers still in forbearance. Discover the latest industry news and market updates on the state of the mortgage landscape.

Trade groups caution risks of unintended consequences from proposed AVM rules.

2023-08-22T09:24:09-07:00private mortgage loan servicing, private mortgage servicing companies|

MBA and CBA experts agree: Automated Valuation Models (AVMs) can mitigate the appraiser shortage, reduce costs, and protect against bias, but principled regulation is essential. Find out why AVMs are the way forward for private lenders.

Union Home Mortgage Accused of Illegally Terminating Pregnant Worker’s Job

2023-08-22T04:44:06-07:00loan servicing private lenders, private lender servicing|

Understanding the depth of discrimination and the landmark ruling, Union Home Mortgage was recently denied sex discrimination claims made by a former employee who alleged she was fired while pregnant. An examination of the discrimination in the mortgage industry and the implications of the ruling.

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