MBA and NMSA propose solutions for improving FHA’s loss mitigation choice.

2023-12-13T12:16:04-08:00private money loan servicing, private mortgage loan servicing companies|

"Leading trade groups advocate for FHA's enhanced 'payment supplement' loss mitigation plan in efforts to enhance opportunities for private lenders."

Cenlar FSB and BaseCap Collaborate on Servicing Compliance Program

2023-12-12T12:55:11-08:00private mortgage loan servicing, private mortgage servicing companies|

Cenlar FSB and BaseCap collaborate to optimize regulatory compliance and operational processes, empowering private lenders seeking growth and efficiency.

Concerns rise among homeowners regarding the rising expenses of flood insurance.

2023-12-12T10:26:30-08:00private lender servicing, private mortgage loan servicing|

"Discover the rise in flood insurance costs and its impact on homeowners' affordability. Fannie Mae shares insights from a national flood survey."

Mortgage lenders face scrutiny for pricing exceptions, including Wells Fargo: CNBC

2023-12-11T13:13:08-08:00private loan servicing company, private mortgage loan servicing companies|

As a mortgage industry expert, I provide concise summaries of industry news. Private lenders may find this noteworthy: Wells Fargo's MRA notice reveals loan discount discrimination issues - CNBC.

Housing’s Role in Combating the Opioid Epidemic: Insights from HUD

2023-12-08T13:23:57-08:00loan servicing for private money lenders, private money loan servicing|

Explore the pivotal role of housing in combating overdose deaths, as emphasized in a joint letter by HUD, HHS, and the White House. Valuable insights for private lenders.

Wells Fargo resolves lawsuit with former LO regarding alleged discriminatory lending practices.

2023-12-08T12:42:53-08:00private mortgage loan servicing companies, private mortgage servicing companies|

Wells Fargo resolves lawsuit over alleged discriminatory lending practices with former mortgage consultant. Get insights for private lenders.

Safeguarding Private Lenders Against Widespread Mortgage Fraud

2023-12-08T10:30:32-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

Private lenders play a crucial role in the financial ecosystem, aiding borrowers who don't qualify for traditional investment property loans. However, their flexibility can unintentionally expose them to higher risks, such as mortgage fraud. Learn how to protect yourself from deceit and misrepresentation in the mortgage industry.

Additional local brokerages implicated in Georgia commission lawsuit.

2023-12-08T08:24:45-08:00private lender loan servicing, private mortgage loan servicing companies|

Discover the latest update in the Phillips commission lawsuit in Georgia, as multiple independent firms face allegations in the amended complaint. Insights for private lenders.

Redfin unveils advanced AI tool for listing photos

2023-12-08T06:45:49-08:00private money loan servicing, private mortgage servicing companies|

Discover Redfin Redesign, an AI-powered tool revolutionizing home photos for potential buyers. Enhance your property listings with captivating visuals.

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