First Internet Bank Shuts Down Consumer Mortgage Business
"Lending climate changes have forced one of the largest online banks to exit the consumer mortgage market. Find out how this news affects private lenders nationwide."
NYCB Confirms Move to Cut Retail Mortgage Channel After Acquisition
"NYCB just announced it's decision to phase out its retail mortgage channel following the acquisition of another big bank. Find out more about the storyline behind the acquisition and discover why NYCB is taking this unprecedented step."
Understanding the Impact of Lower Mortgage Rates on the Housing Market
Low mortgage rates create great opportunities in the housing market, but you need to understand the implications. Get the latest insights on what you should know when exploring this dynamic market - use our guide for the private lender.
Understand the Residential Eviction Process: A Guide for Private Mortgage Lenders
The eviction process for residential finances can be intimidating. Learn the steps of eviction to protect your investments as a private mortgage lender. Put the security of your loans first with the help of this guide.
Portfolio Cleansing for Improved Financial Health | Professional Financial Planning Services
Portfolio cleansing is an important but often overlooked aspect of financial planning. When done correctly, it can help investors focus on their goals and improve their overall financial health. However, it can also be a complex and time-consuming process. In order to make the most of portfolio cleansing, investors should work with a qualified financial advisor.
Increase Your Sales in a Down Market: Focus on Your Current Customers & Create a Niche Market
In order to maximize your marketing in a down market, the article suggests that you should focus on your current customers, create a niche market, and focus on low-cost marketing efforts. It is also important to keep your marketing message positive and focus on the benefits of your product or service.
The War For Top Talent: Why Companies are Moving Their Operations | Explained
The "war for top talent" is a major issue in the business world today. Many companies are moving their operations to locations where they can find and retain the best employees. This article discusses the reasons for this "war" and why companies are moving their operations.
Discovering the Best Way to Communicate Rate Changes to Borrowers – Tips For Mortgage Companies
Many mortgage companies are unsure of the best way to communicate rate changes to their borrowers. Some companies have started using social media to announce changes, while others have released statements to the press. Some companies have even started sending out letters to their customers. The best way to communicate rate changes will vary from company to company, but it is important to make sure that the method chosen is effective and consistent.
Make Money with Proactive Fund Management – Learn How To Improve Your Portfolio
Most people think of fund managers as people who just sit back and wait for the right opportunity to invest. However, the best fund managers are actually very proactive. They are always on the lookout for new opportunities and they are always trying to find ways to improve their portfolios. This means that they are constantly buying and selling stocks, and they are always looking for new ways to make money. This can be a very risky business, but it can also be very profitable.
FHFA: Mortgage Loan Guarantee Fees Changed to Reduce Costs for Borrowers
In an effort to make pricing more uniform and to reduce the overall costs of getting a mortgage, the Federal Housing Finance Agency (FHFA) is making changes to the way that guarantee fees (g-fees) are charged. Upfront g-fees will no longer be assessed on loans with terms of 15 years or less, and all other g-fees will be decreased by 10 basis points. This will result in savings for borrowers, especially those who are taking out shorter-term loans.