Moody’s predicts decline in Nonbanks’ profitability over next quarters

2023-11-28T10:13:17-08:00private loan servicing company, private mortgage loan servicing|

Nonbank mortgage companies saw improved profitability in Q3, outperforming Q2. Private lenders can gain insights on the industry's growth potential.

First American’s $1 Million Cybersecurity Settlement Marks Milestone

2023-11-28T09:18:07-08:00private mortgage servicing companies|

As an industry expert, I provide clinical summaries of mortgage news. First American, a Big Four title firm, to pay $1M settlement to NY Department of Financial Services over cybersecurity violation. Interesting for private lenders.

Reviewing the Successes and Failures in the Real Estate Market During the Week of November 20-24

2023-11-27T13:24:00-08:00loan servicing private lenders, private mortgage servicing companies|

Discover the latest in real estate news, covering agent commissions, NYC's newest hotel, and future flood preparation. Perfect for private lenders.

Fidelity National Financial falls prey to cybersecurity breach

2023-11-27T07:32:45-08:00loan servicing private lenders, private mortgage servicing|

Fidelity National Financial faces cybersecurity attack, prompting network shutdown, impacting private lenders. Stay updated with latest industry news.

Movement Initiates Litigation Against Summit and Former Sales Executives for Alleged Poaching

2023-11-17T12:24:53-08:00private mortgage servicing, private mortgage servicing companies|

"Legal battle ensues as three top sales executives transition from Movement Mortgage to competitor Summit Funding, stirring controversy in private lending industry."

Annual Surge of Nearly 40% in New Home Mortgage Applications: Insights from MBA

2023-11-17T05:42:29-08:00private money loan servicing, private mortgage servicing companies|

"Discover how mortgage demand spiked by nearly 40% in October YoY, driven by a surge for new homes due to depleted inventory of existing properties."

Fitch Predicts a 3% Annual Increase in Title Revenue by 2024

2023-11-17T05:13:50-08:00private mortgage servicing, private mortgage servicing companies|

"Explore Fitch Ratings' neutral stance on the title industry amidst economic challenges. Look forward to potential 3% revenue increase anticipated for 2024."

Thompson Thrift Set to Construct Upscale Apartment Complex in Phoenix

2023-11-06T14:18:43-08:00loan servicing private lenders, private mortgage loan servicing|

"Explore Thompson Thrift's exciting development plans for a luxury multifamily community in Phoenix. Welcoming new residents anticipated in late 2025."

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