Mortgage Industry News: June Job Gains Slower, But Likely Still Too Robust to Impact Fed Decisions

2023-07-07T10:17:07-07:00loan servicing private lenders, private loan servicing company|

Private lenders benefit from competitive interest rates and pro-business policies that have kept mortgage rates at historically low levels. Keep informed of the latest rates and news in the private lending industry for optimal success.

Mortgage Rates Reach All-Time High

2023-07-07T06:02:54-07:00loan servicing private lenders|

This week, mortgage rates soared as investors faced unexpected positive economic data which contradicted 12 months of bearish outlook. Privately administered loans may soon provide a more competitive alternative to traditional mortgages. Get the latest news on mortgage rates and the economy now.

Better.com Suffers $90M Net Loss in Q1

2023-07-07T04:03:32-07:00private lender servicing, private money loan servicing|

"Discover how Better.com experienced a net loss of $89.9M and had to reduce its workforce by 91%, due to a decline in production. Learn how private lenders can respond to such changes in the mortgage industry."

consumer complaint report Most Mortgages in Forbearance Show Signs of Stability in 2021: CFPB Report

2023-06-30T05:12:20-07:00private lender loan servicing, private lender servicing|

"CFPB data show that CARES Act and COVID-related forbearances have resulted in largely positive outcomes. Get an inside look at the impact of the Act and dive into the data to see how it's helping borrowers."

Mortgage Rates Hold Steady This Week

2023-06-30T04:30:28-07:00loan servicing private lenders, private mortgage loan servicing|

This week, Freddie Mac's data showed the 30-year fixed mortgage rate was little changed as investors evaluated Federal Reserve Board chairman Jerome Powell's latest stance on rate increases. Uncover key insights on what this could mean for private lenders as they assess investment opportunities in a changing mortgage market.

AI’s Influence on Mortgage Sector

2023-06-28T14:15:04-07:00private lender servicing, private loan servicing company|

An SEO meta description for private lenders that's interesting yet clinical and non-salesy: "Unlock the potential of a secure, streamlined mortgage process with Artificial Intelligence. Discover the practical uses of AI in the mortgage industry today and why it could be worth the wait."

Index Home Prices Surge in April: Case-Shiller Index

2023-06-27T10:19:00-07:00private mortgage loan servicing companies, private mortgage servicing companies|

"After a tumultuous start, the US housing market has bounced back this Spring, showing strength in the face of dire forecasts. See the latest case-Shiller index and learn why private lenders remain optimistic for the future of the housing market."

May Mortgage Payments: Borrowers Late Payments Decrease

2023-06-27T05:48:37-07:00private lender servicing, private mortgage servicing companies|

Mortgage delinquencies have had a significant drop in May, to the second lowest national rate ever witnessed. Get the facts on the latest improvements in loan performance from an industry expert. Learn why private lenders should be paying attention to these trends today.

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