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.

Freedom Mortgage & Realty Connect Fined $2M for Illegal Kickbacks

2023-08-18T06:20:16-07:00private mortgage loan servicing companies|

This CFPB ruling is a landmark event that impacts the entire real estate, private lender, and mortgage industries. Learn about what these landmark orders mean for private lenders and how they are affected, without any hidden kickbacks. Discover the implications of this 1974 Real Estate Settlement Procedures Act enforcement and its potential ramifications long-term.

Mortgage Rates Rise Along With US Yields

2023-08-18T06:09:29-07:00loan servicing for private money lenders, private lender loan servicing|

"Mortgage rates continue to be influenced by the U.S. bond yields, which have hit their highest level since 2008. Analysts remain confident that the current turbulence in the market will not cause a debt crisis. Private lenders need to stay informed of the latest news and current trends in the industry in order to make educated decisions about mortgage rate investments."

IMBs average $534 loss per loan in Q2, a marked improvement from earlier in the year.

2023-08-18T03:53:50-07:00private lender loan servicing, private mortgage servicing|

This Quarter's Industry News: 58% of IMBs Profitable - Expert Advice for Private Lenders. Get exclusive insights and analysis from experts on how private lenders can make the most of the recent uptick in profitability among IMBs. Learn tips and strategies for successful mortgage investment decision-making today.

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