HUD watchdog provides 35 recommendations for resolving concerns
As a mortgage industry expert, discover 35 key issues identified by HUD OIG for the department to address in a report submitted to the secretary. Relevant for private lenders.
Former executives from Wells Fargo and JPMorgan appointed as president of Mr. Cooper.
Mr. Cooper appoints industry veteran Mike Weinbach as new president, leveraging his extensive mortgage background at JPMorgan Chase and Wells Fargo. Exciting news for private lenders.
Commission lawsuit filed in Arizona without NAR as the target, reveals industry expert.
Private lenders may find interest in a commission suit targeting Realtor organizations and brokerages in relation to NAR's Participation Rule, without NAR being named as a defendant.
Seattle’s Agency Adds Three Outstanding Producers
As a mortgage industry expert, here's a SEO meta description for private lenders to attract interest: "Top agents from Realogics Sotheby’s Realty join The Agency's Seattle branch, offering valuable opportunities for private lenders." (148 characters)
Tejon Ranch Initiates Construction for Multifamily Community
Construction on a multifamily community by Tejon Ranch is set to begin soon. Private lenders may find this project interesting for investment opportunities.
CrossCountry Implements FICO Score 10 T for Non-Conforming Loans and MBS Issuances
"Discover how Cross Country Mortgage secures its position as an industry leader with their exclusive commitment to issuing MBS solely based on FICO Score 10 T."
Lessons learned from constraints and blessings in the mortgage industry.
Looking ahead, 2024 offers promising opportunities for private lenders in the mortgage industry. Expect improved rates and increased housing supply – seize these new skills and thrive in the market. Make 2023 a memorable year!
The Need for Increased Financing Options for ADUs
Discover the latest financing options, grant programs, and legislation aiding homeowners and builders in developing infill housing. Find out how smart lenders can contribute to creating stronger financing options for ADUs.
Systems at loanDepot Downed by Cyberattack
Industry news: loanDepot experiences system outage due to cyberattack. Housing industry has been increasingly targeted by such attacks. Stay informed.
Commission lawsuits seek consolidation in Missouri under Sitzer/Burnett judge.
"Explore the latest developments in the mortgage industry as nine commission lawsuits seek consolidation in Missouri under Judge Stephen Bough, offering insights for private lenders."