Guaranteed Rate Affinity Takes Legal Action Against Ex-Originators Over Unpaid Compensation

2023-09-15T08:21:47-07:00loan servicing for private money lenders, private money loan servicing|

"Former loan originators are facing accusations from Guaranteed Rate Affinity of breach of contract due to allegations that they have failed to repay signing bonuses and commissions after leaving the company. Mortgage industry experts have the inside scoop on this news."

Ginnie Mae Introduces ESG MBS Label to Single-Family Pools

2023-09-15T06:15:11-07:00loan servicing private lenders, private loan servicing company|

Ginnie Mae announces the launch of its first social bond label in the investment space: discover what this means for private lenders in this interview with HousingWire. Learn about Alanna McCargo's in-depth look at the implications for the mortgage industry.

and more. CEO Abate Discusses Redwood Trust’s Jumbo, Home Equity Mortgage Strategy

2023-09-15T04:05:09-07:00private loan servicing company, private mortgage loan servicing companies|

"Redwood Trust is making moves to acquire mortgage loans under the new Basel III Endgame rules. CEO Christopher Abate is steering the company towards jumbo mortgage loan investments and continuing to offer home equity investment products. Get the latest news from an expert Mortgage Industry source."

Firm in Washington Joins RE/MAX for Mortgage Origination

2023-09-14T08:32:26-07:00private lender loan servicing, private mortgage servicing|

The Real Estate Collective becomes RE/MAX The Collective: Yakima, Washington-based brokerage joins RE/MAX to offer clients better resources & 17 agents lead by Haley Larson. Become part of a worldwide network of estate agents & learn how private lenders can help you.

Home Sales Dip, Prices Stable

2023-09-12T07:46:44-07:00loan servicing for private money lenders, loan servicing private lenders|

This Wall Street Journal editorial is missing the mark. The truth is home prices are only fractionally higher than last year. Find out why government programs to help homebuyers and students are nowhere near as bad as suggested by the piece. Learn more about how private lenders are affected.

Mortgage Rate Locks Drop in Most Expensive Housing Market in 40 Years

2023-09-11T06:36:22-07:00private lender loan servicing|

"Loan rate lock volume was down 1.5% in August, marking a three-month decline in volume. This was largely due to mortgage rates peaking to a 20+ year high across the country, making it more challenging for private lenders. Explore more of the rate lock implications and the industry changes with this news summary by a mortgage industry expert."

eXp welcomes Net Promoter System Creator to Board

2023-09-08T10:39:29-07:00loan servicing private lenders, private mortgage loan servicing companies|

This is a major milestone in the company's evolution! The appointment of Fred Reichheld to the board of eXp World Holdings will help contribute to the overall growth of eXp Realty and the private lending industry. Learn more about the impact of the appointment and the future of private lending with industry expert insights.

Use AI to Automate Title Status Checks

2023-09-08T09:10:40-07:00private mortgage servicing, private mortgage servicing companies|

Mortgages are an integral part of the real estate industry, but delays in closings have been a major issue for years. According to recent studies, the average time from mortgage application to closing has been consistently around 50 days. It has been an immense [...]

Addendum or Modification Agreement: What’s the Difference?

2023-09-08T08:03:31-07:00loan servicing for private money lenders|

Discover the difference between a corrective addendum and a modification agreement—two tools private lenders can use to make changes after a loan is closed. Learn when and how to apply these methods to ensure the best result.

MBA Highlights Need to Ensure long-term Availability of Flood Insurance

2023-09-08T06:45:30-07:00private mortgage loan servicing, private mortgage loan servicing companies|

"In this letter, the Mortgage Bankers Association (MBA) calls on the Senate Banking Committee to take action on issues related to availability of flood insurance. Learn more about this pressing issue and what steps the MBA's urging senators to take to address it."

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