Sprout Bank Ordered to Compensate Employees $3.5M for Unpaid Wages

2023-06-06T13:46:43-07:00private lender loan servicing, private mortgage servicing companies|

Sprout Mortgage - Former Employees Reach Settlement in Lawsuit Over Unpaid Wages - Settlements close in on Sprout Mortgage for unpaid wages after their abrupt closure. Private lenders take notice as ex-employees fight to receive appropriate compensation.

Cenlar FSB advances leadership in wholesale bank sector

2023-06-06T11:51:19-07:00private loan servicing company, private mortgage servicing|

Discover how Cenlar FSB's leadership has changed its wholesale bank division with the promotion of two experienced industry experts. Learn what this move means for the mortgage industry and why you can rely on this trusted name in the 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.

Essential Endorsements for All Mortgage Deals

2023-06-05T09:39:39-07:00private money loan servicing, private mortgage servicing|

Mortgage industry experts recommend utilizing certain endorsements on all transactions in order to protect all loan originators and lenders involved. The ALTA 9-06 endorsement is one of the most important, with benefits including: • Exoneration of all loan originators and lenders from any wrongs [...]

Buyers Struggle to Afford Amid Tight Credit, High Rates & Low Inventory

2023-06-05T05:08:39-07:00private lender loan servicing|

The housing market is continuing to see affordability challenges for homebuyers, as loan delinquencies, high down payments, and other financial hurdles make purchasing a home increasingly difficult. Get expert insight on the latest market trends from Black Knight and find out how to navigate the complexities of today’s real estate market.

How Holiday Shopping Impacts the Housing Market

2023-06-05T03:53:35-07:00loan servicing private lenders, private money loan servicing|

"Last week, housing inventory growth experienced a noticeable slowdown. As an experienced mortgage industry expert, I'm hoping this reduction in inventory was just due to the holiday week and isn't the start of a long-term trend. Understand the changing dynamics in the private lending market with insight from the expert."

Labor Market: Examining Jobs Data to Uncover the Reality

2023-06-02T11:47:49-07:00loan servicing for private money lenders, private mortgage loan servicing|

This jobs report can provide insight into the trend in the private lending sector. Get the latest market analysis to understand the implications of May's job data and know how to proceed with your operations. Get the info to stay ahead and help inform your decisions in the mortgage sector.

Planet Acquires Platinum Home Mortgage Co.

2023-06-02T05:21:24-07:00private lender loan servicing, private mortgage loan servicing|

Planet Home Lending Offers Comprehensive Mortgage Solutions: Connecticut-Based Lender Acquires Assets of Illinois-Based Retail Lender, Platinum Home Mortgage Corporation. Get the best solutions for your mortgage needs with Planet Home Lending, now offering the services of Platinum Home Mortgage Corporation.

Expands to Feature Entire Mortgage Market RealTrends 500 Supplement Offers Comprehensive Mortgage Market Overview

2023-06-02T04:15:44-07:00private money loan servicing, private mortgage servicing companies|

"eXp Realty has moved up the ranks to become the number one real estate franchise by transaction sides in the RealTrends 500. This success was based off of their excellent performance in the most recent calendar year. Learn more about this prime example of excellence in the mortgage industry here."

Loan Officers: Getting Into Real Estate Agents’ Inner Circle

2023-05-26T14:38:10-07:00private loan servicing company, private mortgage loan servicing|

Amy Breach, Seattle-based Keller Williams agent, shares why relationships with lenders and loan officers are very important for successful mortgage transactions. Get her practical advice to ensure success when working with private lenders.

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