NAR’s Involvement Dismissed from Lawsuit Banning Pocket Listings

2024-01-29T10:00:00-08:00private lender loan servicing, private mortgage servicing|

As an industry expert, I provide a clinical summary for private lenders. The PLS.com motioned for NAR's dismissal from the pocket listing ban lawsuit after settling with MLS defendants.

Intense Sparks Erupt in HousingWire’s Commission Lawsuit Debate

2024-01-29T04:52:30-08:00private loan servicing company, private mortgage servicing|

As a mortgage industry expert, I provide unbiased summaries of industry news. Read about the Sitzer-Burnett lawsuit and trial clash between broker-owner Anthony Lamacchia and plaintiffs' attorney Michael Ketchmark. Discover intriguing insights for private lenders.

December Sees Significant Surge in Pending Home Sales, According to NAR

2024-01-26T10:06:49-08:00private lender servicing, private loan servicing company|

As a mortgage industry expert, I provide clinical summaries of industry news. Discover the intriguing rise of 8.3% in pending home sales in December, perfect for private lenders.

Nevada plaintiff expands commission suit, includes 15 new brokerages.

2024-01-26T08:13:57-08:00private lender loan servicing, private loan servicing company|

As an industry expert, I provide clinical summaries for mortgage news. Nevada seller Nathaniel Whaley's amended lawsuit adds 15 brokerages to his commission dispute. Explore this interesting development for private lenders.

Online lender accused of using unlicensed LOs faces consequences

2024-01-26T05:46:51-08:00private lender loan servicing, private money loan servicing|

Summary: LoanSnap faces temporary cease and desist order from Connecticut's Department of Banking due to unlicensed mortgage origination activity. Important news for private lenders.

Yet another homeowners’ insurance company exits California.

2024-01-26T03:51:41-08:00loan servicing for private money lenders, private mortgage servicing companies|

As an industry expert, I provide clinical summaries of news. The Hartford, State Farm, and Allstate have decided to stop offering new homeowners' insurance policies in California from February. Learn more about this development.

Increase in Funding towards Affordable Multifamily Properties

2024-01-24T14:00:20-08:00private loan servicing company, private mortgage loan servicing|

Strategies for private lenders: Learn how multifamily developers are attracting investments to build more affordable apartments and address housing affordability challenges.

Fannie Mae and Freddie Mac Unveil New ‘Mission Index’ to Enhance Industry Standards

2024-01-24T12:08:15-08:00private lender loan servicing, private mortgage loan servicing|

Discover the enhanced "Mission Index" recently introduced by the GSEs to expand and modernize their single-family social bond framework, ideal for private lenders in the mortgage industry.

TD Bank Announces $10B Investment for Affordable Homeownership in Ambitious Three-Year Plan

2024-01-24T09:00:46-08:00private lender servicing, private mortgage loan servicing companies|

As a mortgage industry expert, I provide unbiased summaries of industry news. Discover how a bank's significant investment in the Community Impact Plan can be of interest to private lenders.

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