UWM files lawsuit against broker shop for ‘the ultimatum’ dispute

2024-01-29T14:17:34-08:00loan servicing private lenders, private lender servicing|

As a mortgage industry expert, I provide non-salesy summaries of industry news. Discover UWM's claim against Atlantic Trust that resulted in damages worth at least $335,000 through 71 submitted loans.

Florida theme parks expanding housing options for employees

2024-01-23T12:18:10-08:00private mortgage servicing, private mortgage servicing companies|

Owners of Walt Disney World and Universal Studios Orlando are working on expanding affordable housing options for their employees, creating new opportunities for private lenders in the area.

Empower streamlines workflow for lenders to include rent payments in qualifying first-time homebuyers.

2024-01-23T05:10:32-08:00private mortgage servicing, private mortgage servicing companies|

Dark Matter Technologies and Informative Research join forces to enhance borrower pull-through, aiding private lenders with consecutive rent payment history.

New Commission Lawsuit Filed Against California’s Mortgage Industry

2024-01-19T14:51:24-08:00private money loan servicing, private mortgage loan servicing|

As an industry expert, I provide clinical summaries on relevant news for mortgage professionals. Stay updated on a copycat commission lawsuit targeting Northern California Realtor associations and brokerages. Discover more.

Country Club Mortgage’s Workforce Reduction: Employee Layoffs and Office Closures

2024-01-19T14:43:31-08:00private mortgage loan servicing, private mortgage servicing companies|

Country Club Mortgage, a California lender, will lay off 100+ employees, including its president and CEO, following facility closures in a significant setback for the company.

Real Estate Weekly: Notable Successes and Failures

2024-01-19T13:31:30-08:00private mortgage loan servicing companies, private mortgage servicing companies|

Discover the latest in the mortgage industry news with another broker commission lawsuit, an accounting giant's building change, and Alec Baldwin's unique home selling strategy.

Florida’s Single-Family Home Sales Decline by 10.3% in 2023

2024-01-19T13:11:06-08:00loan servicing for private money lenders, private mortgage loan servicing|

As an industry expert, discover the trends in Florida's single-family home sales, with a 1.9% increase in median prices. Stay informed with Weekly Real Estate News.

Patriot Bank Settles DOJ’s Redlining Accusations for $1.9M

2024-01-19T12:31:37-08:00private lender servicing, private mortgage servicing|

Discover the DOJ's allegations against Patriot Bank, accused of avoiding mortgage services in Tennessee's majority-Black and Hispanic neighborhoods. Patriot denies redlining allegations. Stay informed.

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