Leveraging Technology to Benefit from Declining Mortgage Rates

2023-12-08T13:15:44-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

Private lenders can benefit from technology to capitalize on lowering mortgage rates, ensuring brokers have equal access to quality tools - Floify's GM.

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.

Incenter undergoes leadership change as part of rebranding initiative.

2023-12-08T06:22:51-08:00loan servicing private lenders, private mortgage servicing companies|

Incenter Capital Advisors - A leading player in the mortgage industry has rebranded, offering invaluable expertise in organizing over $2 trillion in mortgage-servicing rights for private lenders.

Scammers leveraging AI for real estate fraud

2023-12-08T06:19:47-08:00private money loan servicing, private mortgage loan servicing companies|

Stay updated on the latest industry news: Fraudsters are adopting AI to mimic voices, posing an increased risk of fraud through voicemails and emails, warns expert.

Pennymac secures $750M in unsecured debt funds.

2023-12-08T05:02:44-08:00private money loan servicing, private mortgage servicing companies|

Pennymac Financial Services surpasses expectations, raising $750 million with institutional investors, indicating strong confidence in the company's potential for private lenders.

High Vulnerability Housing Markets Identified in California, New Jersey, and Illinois

2023-12-07T14:04:55-08:00private loan servicing company, private money loan servicing|

"As some areas gain attention for potential housing-market declines, private lenders should pay heed. California, New Jersey, and Illinois stand out as at-risk markets, according to ATTOM CEO Rob Barber."

The Primary Destination for Second Home Buyers Emerges

2023-12-06T13:15:23-08:00private lender servicing, private mortgage servicing companies|

Rhode Island’s Newport County experiences significant growth in second home transactions, making it an appealing market for private lenders. Learn more here.

CBC Mortgage Agency provides temporary rate buydowns for FHA loans.

2023-12-06T12:29:01-08:00private mortgage loan servicing companies, private mortgage servicing companies|

Looking to invest in mortgages? The CBC Mortgage Agency introduces temporary rate buydown options for FHA down payment assistance on first mortgages. Explore now!

Former NYC Prison to Transform Into Affordable Homeownership Community

2023-12-06T12:19:05-08:00loan servicing for private money lenders, private lender servicing|

Explore the transformation of a former NYC prison into an affordable homeownership complex in line with New York's vision to revitalize underutilized jails and prisons.

Commission lawsuits filed in Florida and Pennsylvania highlight industry copycat claims.

2023-12-06T10:03:03-08:00loan servicing for private money lenders, private lender servicing|

As an expert in the mortgage industry, I provide summaries of industry news. Discover recent lawsuits alleging price-fixing of agent commissions by brokerages, MLSs, and Realtor associations, beneficial for private lenders.

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