Proposed House Bill Aims to Provide Mortgage Insurance Relief for FHA Borrowers.

2024-12-20T10:35:33-08:00private loan servicing company, private money loan servicing|

New legislation proposed in the House aims to eliminate mortgage insurance premiums for FHA borrowers once they achieve specified home equity thresholds.

NAR Settlement Appeals Ongoing with Insight from Law Professor Tanya Monestier

2024-12-20T07:54:53-08:00private lender servicing, private mortgage loan servicing|

Monestier appeals a ruling regarding her motions to intervene and reconsider, impacting several objectors following a recent settlement approval in the Eighth Circuit.

How a Reverse Mortgage Prevented Bankruptcy for One Client

2024-12-20T05:26:28-08:00private loan servicing company, private mortgage servicing|

Explore Rick Rodriguez's journey into the reverse mortgage sector and his insights on becoming a knowledgeable advocate for this financial solution.

California Home Sales Experience Significant Annual Growth

2024-12-19T14:08:37-08:00loan servicing private lenders, private mortgage loan servicing|

California's median home price shows fluctuations, providing insights into market trends that could impact private lending strategies and investment opportunities.

Mortgage Demand Declines for the First Time in Five Weeks Amid Rising Rates

2024-12-18T09:44:06-08:00private lender servicing, private loan servicing company|

Mortgage applications declined by 0.7% due to reduced refinancing activity, highlighting shifting market conditions that may impact private lending strategies.

CFPB extends mortgage protections to clean energy loans.

2024-12-17T12:29:47-08:00private lender loan servicing, private mortgage servicing companies|

CFPB finalizes rule enhancing protections for borrowers of PACE loans, aimed at promoting energy-efficient home upgrades and safeguarding consumer interests.

Fed rate cut anticipated, but mortgage rates may not significantly drop.

2024-12-17T12:24:39-08:00private lender loan servicing, private money loan servicing|

Mortgage rates remain steady despite recent Fed rate cuts, indicating a potential shift in borrowing dynamics. Analyze how this could impact your lending strategy.

Anywhere Facing Racketeering Charges in Minnesota Legal Action

2024-12-17T09:45:56-08:00private loan servicing company, private mortgage loan servicing companies|

Industry leaders face legal challenges as allegations arise of a fraudulent home purchase scheme involving Anywhere and other key players in the market.

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