Rithm Focuses on M&A Without Compromising Earnings

2025-04-25T10:05:36-07:00loan servicing for private money lenders, private lender servicing|

Rithm Capital executives emphasize prioritizing profitability over rapid growth, signaling a strategic focus on sustainable financial performance in the mortgage sector.

Court dismisses most allegations in discrimination lawsuit against NAR.

2025-04-25T05:24:31-07:00private loan servicing company, private mortgage servicing companies|

Former NAR project manager Roshani Sheth is required to amend her lawsuit by May 13, raising questions about industry practices and workplace accountability.

Mortgage Industry Response to Potential Shutdown of VA Servicing Program

2025-04-25T04:27:49-07:00private lender loan servicing, private mortgage servicing|

The VA outlined plans to wind down the VASP servicing program, eliciting diverse responses from industry experts, highlighting implications for private lenders.

Mr. Cooper’s Strategy for Enhancing Rocket’s Homeownership Model

2025-04-23T10:09:42-07:00loan servicing private lenders, private loan servicing company|

Mr. Cooper reported $88 million in Q1 net income, significantly impacted by an $82 million loss in mortgage servicing rights, down from $204 million last quarter.

CRMLS Rejects NAR’s Proposal for Delayed Marketing Policy

2025-04-23T08:24:02-07:00private loan servicing company, private money loan servicing|

CRMLS has decided against adopting the Multiple Listing Options for Sellers policy, opting to maintain current systems that they claim adequately serve this function.

First American CEO awarded severance amid cruise ship assault allegations.

2025-04-22T14:05:43-07:00private loan servicing company, private mortgage loan servicing companies|

Ken DeGiorgio, ex-CEO of First American Financial Corp., is set to receive a substantial payout after his recent termination, raising industry eyebrows.

New Down Payment Assistance Programs Announced Recently

2025-04-22T11:47:15-07:00private mortgage loan servicing, private mortgage loan servicing companies|

Explore the increase of down payment assistance programs, with 990 options available through local housing finance agencies, benefiting private lenders nationwide.

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