MBA and NHC Praise Lawmakers for Introducing Bipartisan Tax Agreement

2024-01-19T13:50:30-08:00loan servicing private lenders, private lender servicing|

As an expert in the mortgage industry, I provide clinical summaries of industry news. Discover how the new tax agreement may encourage private lenders with the potential to construct 200,000 affordable rental units, gaining acknowledgment from the MBA and NHC.

Real Estate Weekly: Notable Successes and Failures

2024-01-19T13:31:30-08:00private mortgage loan servicing companies, private mortgage servicing companies|

Discover the latest in the mortgage industry news with another broker commission lawsuit, an accounting giant's building change, and Alec Baldwin's unique home selling strategy.

Patriot Bank Settles DOJ’s Redlining Accusations for $1.9M

2024-01-19T12:31:37-08:00private lender servicing, private mortgage servicing|

Discover the DOJ's allegations against Patriot Bank, accused of avoiding mortgage services in Tennessee's majority-Black and Hispanic neighborhoods. Patriot denies redlining allegations. Stay informed.

Potential resurgence of housing market downturn raises concerns for 2024.

2024-01-19T10:39:16-08:00private mortgage servicing|

Discover the latest insight on bidding patterns for distressed property auctions. Daren Blomquist of Auction.com observes a post-mid-2023 rebound slowdown, appealing to private lenders.

Enhanced Financial Accountability: A Comprehensive Guide for Fund Managers under the Corporate Transparency Act

2024-01-19T09:11:01-08:00private money loan servicing, private mortgage servicing companies|

"Explore the profound impact of the Corporate Transparency Act (CTA) on private lenders, enhancing financial transparency and combating money laundering globally."

2023 saw 4.09 million sales in the existing homes market.

2024-01-19T08:47:30-08:00loan servicing private lenders, private mortgage loan servicing companies|

Discover the latest insights for private lenders in the mortgage industry. Explore the implications of the lowest housing market sales in almost three decades.

California commission alleges collusion in the City of Angels in recent suit.

2024-01-19T05:43:12-08:00private mortgage loan servicing, private mortgage loan servicing companies|

"California commission suit accuses NAR, brokerages & local Realtor associations of colluding to raise agent commission; valuable insight for private lenders."

MBS market imbalance drives increase in mortgage rates

2024-01-17T11:55:25-08:00private lender servicing, private money loan servicing|

"As GSEs increase their purchase of Mortgage-Backed Securities (MBS), private lenders might find potential opportunities. The Federal Reserve's potential end to Quantitative Tightening (QT) could offer a potential solution, albeit with uncertain outcomes." (155 characters)

Empty nesters own double the number of large homes compared to millennials with children.

2024-01-16T14:08:51-08:00private loan servicing company, private mortgage loan servicing|

In-depth study shows empty-nest baby boomers possess twice the number of large homes nationwide compared to millennials with kids, a crucial insight for private lenders.

Defendants Present Strong Grounds for Appeal in Sitzer Case

2024-01-16T13:27:59-08:00loan servicing private lenders, private mortgage servicing|

Discover the significance of the latest appeal motions filed by HomeServices, Keller Williams, and NAR. Gain insights into their potential impact in the mortgage industry. Perfect for private lenders.

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