UWM, Mid Valley Settle Mortgage Lawsuit

2023-06-06T08:55:23-07:00private mortgage loan servicing, private mortgage servicing|

Industry Expert Summarizes UWM's Lawsuit Against Mid Valley Funding: An unbiased analysis summarizing the varying perspectives around UWM's lawsuit against Mid Valley Funding, including charges of violating UWM's controversial ultimatum for sending loans to competitors Rocket Mortgage and Fairway Independent Mortgage. Get the full story to see how it affects the private lending industry.

& COVID-19 Lenders: Navigating Wholesale During COVID-19

2023-06-05T13:41:15-07:00private mortgage loan servicing, private mortgage servicing companies|

This expert article provides an insightful look into how the wholesale lending industry has impacted the mortgage ecosystem and what role it plays today. Learn how UWM's Chief Growth Officer Desmond Smith is improving the space and what opportunities are available for private lenders.

Rent Reporting Platform Boom Secures $4.5M in Seed Funding

2023-05-31T08:36:11-07:00loan servicing for private money lenders, loan servicing private lenders|

New fintech app, Rent Reporting Boom, makes it easier than ever for landlords to track and report rent payments. With $4.5 million in seed stage funding, the app's users will have access to improved user experience, expanded product offerings, and more market reach. Make tracking and reporting your rent a breeze with Rent Reporting Boom.

UBS Shutting Down US Mortgage Trading Unit

2023-05-30T12:54:17-07:00private lender servicing, private mortgage servicing|

UBS Group AG explores winding down US mortgage business focusing on TBA Trading. Learn more about the bank's plans and implications of transitioning away from TBA trading from a Mortgage Industry Expert.

AI Boosts Loan Officer Performance: Blend CEO

2023-05-30T10:34:59-07:00private lender servicing, private mortgage servicing companies|

AI technology is revolutionizing the mortgage industry, giving loan officers innovative tools to increase their efficiency and better serve clients. Whether you're a private lender, a broker, or a loan officer, Blend's cutting-edge AI solutions are designed to streamline and simplify the mortgage process, delivering streamlined results and improved customer experience.

Home price increases outpace mortgage rate increases in March.

2023-05-30T09:30:06-07:00loan servicing private lenders|

"March saw home prices rise month-over-month for the second consecutive month, and Miami, Tampa and Charlotte were at the forefront of the trend. Private lenders should take note of this positive trend as it indicates the strength of the U.S. housing market."

Mortgage Industry News: Seller Impersonation Fraud in Title Industry

2023-05-26T12:40:00-07:00private lender loan servicing, private lender servicing|

This meta description explores the threat of wire fraud to private lenders. Learn how the real estate ecosystem has been taking on the challenge of fraudsters and the use of creative scams in January. Get informed and stay ahead of the curve with a weekly summary from a mortgage industry expert.

Shop Around for Mortgages: Borrowers Could Save Hundreds a Month

2023-05-26T10:44:41-07:00private lender loan servicing, private mortgage servicing companies|

This summary covers the CFPB's finding on how private lenders can save borrowers material monthly savings through thorough mortgage shopping. Learn how borrowers can find the best price for their loan and access information for various lenders. Find out what you need to do to easily shop for the best price and lenders on the market for your mortgage.

Freddie Mac Enhances Automated Income Assessment with Paystub Analysis

2023-05-24T04:16:03-07:00private lender loan servicing, private mortgage servicing companies|

"Freddie Mac Enhances Automated Tool to Help Streamline the Mortgage Process. Gain insights into how a borrower's digital paystub data can now be included in the automated income assessment. Make sure the mortgage process goes smoothly - get all the info from Freddie Mac."

Homebuilders Capitalizing on Limited Supply

2023-05-23T10:41:33-07:00private lender loan servicing, private lender servicing|

New Home Sales Up 4.1%: Tight Market Eases for Homebuyers as Demand Grows for Newly Constructed Homes. Find out how private lenders are helping buyers access quality new homes despite the current housing shortage.

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