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."

Mortgage Rates Surge, Challenging Homebuyer Affordability in October: ICE

2023-11-06T14:12:06-08:00private loan servicing company|

"Discover ICE's recent Mortgage Monitor report findings: 40.6% of median household income now required to afford monthly mortgage payments. Essential info for private lenders."

RE/MAX Untroubled by Resulting $55M Commission Lawsuit Settlements

2023-11-03T11:57:34-07:00private lender loan servicing, private mortgage servicing companies|

"Explore the historical correlation between commission rates and supply-demand metrics in the mortgage industry, as noted by RE/MAX CEO, Nick Bailey."

Strike Activity Causes Slowdown in Labor Market

2023-11-03T08:49:54-07:00loan servicing private lenders, private mortgage servicing|

"Discover the latest industry insights with October's job gains, which fell significantly compared to September, now under the average monthly gain of 258,000 over the past year."

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