Upright’s DSCR Rental Loan: Fintech Advancement in the Mortgage Industry

2023-12-11T13:58:04-08:00private lender loan servicing, private mortgage loan servicing|

Upright, based in Cleveland, Ohio, introduces a new DSCR rental loan for investors. Discover how this debt service coverage ratio can benefit private lenders.

Wall Street Investors’ Share of Home Purchases Remains Steady

2023-12-11T05:39:02-08:00private lender loan servicing, private lender servicing|

Despite the hype, big investors remain a small fraction of homebuyers and are not responsible for the scarcity of housing inventory. Find out more.

Analysis of Real Estate Performance During Dec. 4-8

2023-12-08T14:19:04-08:00private lender loan servicing, private lender servicing|

Discover the latest updates for the mortgage industry, featuring a governor's plan for starter homes, an unexpected Person of the Year, and Jamie Dimon's critical views on cryptocurrency.

AARP Foundation Joins Class Action Against Reverse Mortgage Firms

2023-12-08T13:57:28-08:00loan servicing for private money lenders, private lender loan servicing|

Private lenders may be interested in a recent class action lawsuit filed against reverse mortgage companies alleging unlawful fees for appraisals, inspections, property preservation, and attorneys' fees or costs. Learn more.

Average American Expenditure on Home Repairs and Renovations Reaches $13K in 2021

2023-12-08T12:02:24-08:00private lender loan servicing, private mortgage loan servicing|

Discover the latest study revealing that Covid is no longer a top hindrance for project completion, making it intriguing for private lenders. Read more.

Safeguarding Private Lenders Against Widespread Mortgage Fraud

2023-12-08T10:30:32-08:00loan servicing for private money lenders, private mortgage loan servicing companies|

Private lenders play a crucial role in the financial ecosystem, aiding borrowers who don't qualify for traditional investment property loans. However, their flexibility can unintentionally expose them to higher risks, such as mortgage fraud. Learn how to protect yourself from deceit and misrepresentation in the mortgage industry.

Redfin unveils advanced AI tool for listing photos

2023-12-08T06:45:49-08:00private money loan servicing, private mortgage servicing companies|

Discover Redfin Redesign, an AI-powered tool revolutionizing home photos for potential buyers. Enhance your property listings with captivating visuals.

High Vulnerability Housing Markets Identified in California, New Jersey, and Illinois

2023-12-07T14:04:55-08:00private loan servicing company, private money loan servicing|

"As some areas gain attention for potential housing-market declines, private lenders should pay heed. California, New Jersey, and Illinois stand out as at-risk markets, according to ATTOM CEO Rob Barber."

Utah Governor Proposes Construction of 35,000 Starter Homes

2023-12-07T12:46:56-08:00private money loan servicing, private mortgage loan servicing|

Utah's governor suggests building 35,000 starter homes by 2028 to address housing concerns, creating opportunities for private lenders.

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