Significant Impact on Mortgages as Office Debt Poses Strain on Banks

2024-02-14T08:18:38-08:00private lender loan servicing, private mortgage loan servicing|

As a mortgage industry expert, I summarize industry news with a clinical approach. Read about the shocking collapse of four regional banks that catered to high-net-worth clients in Silicon Valley's speculative tech and crypto startups, resulting in a significant asset tie-up and the need for cash when interest rates surged. Interesting for private lenders.

Increase in U.S. Foreclosure Activity During January Revealed by Attom

2024-02-14T06:12:50-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

As a mortgage industry expert, stay informed about the latest trends. Explore valuable insights on the current foreclosure rates in the United States.

Mattamy Homes Acquires 49 Acres for North Carolina Community Development

2024-02-13T11:57:46-08:00loan servicing for private money lenders, private money loan servicing|

"Mattamy Homes expands presence in Harnett County, North Carolina with the purchase of 49 acres for upcoming Cardinal Landing community."

Expert tips for navigating non-QM and private lending complexities

2024-02-13T08:52:25-08:00loan servicing private lenders, private lender servicing|

Discover how non-QM lending can offer private lenders a more tailored loan program. Gregory Meola, managing director of Acra Lending, discusses the complexities and benefits, and how technology can streamline the process.

Proprietary Capital Acquires AFR and Appoints New COO

2024-02-12T14:10:05-08:00loan servicing for private money lenders, private loan servicing company|

Proprietary Capital-led investor group successfully acquires American Financial Resources, a leading multichannel lender. Explore the latest industry news for private lenders.

Can Buyers Keep Pace as Sellers Return to the Housing Market?

2024-02-12T13:00:51-08:00private lender loan servicing, private mortgage loan servicing companies|

As an industry expert, get insightful updates on the mortgage market. Inventory levels of unsold homes are steadily growing, even as it declined slightly this week. Private lenders find this valuable information in making informed decisions.

New York City Witnessed Imbalanced Housing Construction Filings in Fourth Quarter 2023.

2024-02-12T11:52:16-08:00private mortgage loan servicing companies|

As an industry expert, I provide mortgage industry news summaries with clinical expertise. Explore how NYC's lopsided housing construction filings in Q4 2023 impact private lenders.

Coleen Bogle appointed as chief marketing officer at The Money Store

2024-02-12T10:00:50-08:00private lender servicing, private mortgage servicing companies|

As a mortgage industry expert, discover the latest news on Bogle's transition from Draper and Kramer Mortgage Corp. to New American Funding, offering valuable insights for private lenders.

Rising Lock Volume Suggests Housing Market Stabilization: Optimal Blue

2024-02-12T09:42:40-08:00loan servicing private lenders, private mortgage servicing companies|

Increase in lock volume for private lenders: December to January saw a 36% surge, fueled by a significant 38% rise in purchase lock volume. Gain insights from industry expert.

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