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 [...]

. Mortgage Demand Slumps for Five Straight Weeks.

2023-08-23T05:50:34-07:00private lender servicing, private loan servicing company|

Mortgage applications have declined for five weeks in a row, as the 30-year fixed-rate mortgage climbs to a 20-year high of 7.31%. Keep up to date with the latest mortgage news by staying informed on the changing market, so you can make smart investing decisions.

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.

Drop in Existing Home Sales Lacks Sellers

2023-08-22T07:47:46-07:00loan servicing private lenders, private mortgage servicing|

Learn how the latest housing market trends could affect private lenders, from increased demand to the impact of higher interest rates. Get the info you need to be prepared for changes in the market.

Mortgage Rates Face Initial Stress Test: Will They Reach 8%?

2023-08-18T06:29:49-07:00private loan servicing company, private money loan servicing|

This article examines the financial factors at play when discussing the possibility of mortgage rates rising to 8%, based on the 10-year yield closing above 4.25%, and what this means for private lenders. Get the facts you need to determine how the rise in mortgage rates will affect your investments.

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."

UBS Agrees to $1.4B Settlement Over RMBS Fraud Allegations

2023-08-14T13:55:37-07:00private lender loan servicing, private mortgage loan servicing|

"UBS AG has agreed to pay $1.43 billion in penalties for RMBS-related issues before the 2008 financial crisis. Learn more about the details of this settlement from a trusted mortgage industry expert & how it affects the private lending sector."

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