Analysis of Housing Economists’ Forecasts in DataDigest

2023-12-13T09:54:45-08:00private lender loan servicing, private mortgage loan servicing|

"In-depth analysis of market perspectives for private lenders in the housing industry, exploring contrasting viewpoints on future market trends and stability."

Mortgage lenders face scrutiny for pricing exceptions, including Wells Fargo: CNBC

2023-12-11T13:13:08-08:00private loan servicing company, private mortgage loan servicing companies|

As a mortgage industry expert, I provide concise summaries of industry news. Private lenders may find this noteworthy: Wells Fargo's MRA notice reveals loan discount discrimination issues - CNBC.

Resurgence of 6% Mortgage Rates for Specific Borrowers

2023-12-11T12:19:59-08:00private lender servicing, private mortgage loan servicing companies|

Discover why stability and inventory are key factors for reinvigorating buyer demand, according to industry executives and loan officers. Learn more now.

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.

Housing’s Role in Combating the Opioid Epidemic: Insights from HUD

2023-12-08T13:23:57-08:00loan servicing for private money lenders, private money loan servicing|

Explore the pivotal role of housing in combating overdose deaths, as emphasized in a joint letter by HUD, HHS, and the White House. Valuable insights for private lenders.

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.

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."

Proposed Legislation Seeks to Prohibit Hedge Funds from Owning Single-Family Homes

2023-12-07T13:19:59-08:00loan servicing for private money lenders, loan servicing private lenders|

Learn about a new bill proposed by Sen. Jeff Merkley to ban hedge funds from owning single-family homes, emphasizing housing for people rather than profit centers for Wall Street. Read more on Weekly Real Estate News.

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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