Former Employees Sued by Lower for $4M Fraudulent Losses

2023-08-29T13:25:38-07:00private lender servicing, private mortgage loan servicing|

This mortgage industry news summary speaks to a recent case of fraud within the sector. Private lenders will be interested to learn that four former employees of Lower were sued for misappropriation of funds - resulting in a financial loss of $4 million. Stay informed and seek expert advice on best practices for mortgage-security.

Boost Real Estate Web Traffic with Specificity

2023-08-29T07:50:20-07:00private loan servicing company, private mortgage servicing companies|

This Meta Description For Private Lenders: Explore the benefits of patience in the mortgage industry with an expert look into the world of private lending. Learn how to use key tactics to maximize success with short- and long-term strategies for your investments.

Compass Adds 2 @properties Brokers in Chicago

2023-08-28T13:38:21-07:00private loan servicing company, private mortgage loan servicing|

Discover how Anne Hodge and Debra Dobbs are shaking up the Chicago mortgage industry with their move to Compass. With years of experience in the real estate market, they are ready to find the best mortgage solutions for their clients. See how you can benefit from their expertise.

Change Lending No Longer Certified as Community Development Financial Institution

2023-08-28T12:09:42-07:00loan servicing for private money lenders, private mortgage loan servicing companies|

This meta description provides a concise overview of the recent effect on Non-bank originator Change Lending of losing its CDFI certification, and its parent company The Change Company being sued for mischaracterizing loans. Gain insight into regulatory implications for private lenders without banks involved.

report Rent Increase of 3.3% in June: CoreLogic Report

2023-08-28T09:13:13-07:00private lender servicing, private mortgage loan servicing|

Single-family rental growth slows in June - Rent prices increased by 3.3% across the US, the smallest year-over-year change since Autumn 2020. Get the latest news on the US rental market from a Private Lender expert.

Mortgage Market on Upward Trend as Fed Chair Powell Predicts Rebound

2023-08-25T10:36:37-07:00loan servicing for private money lenders, private loan servicing company|

An experienced mortgage professional offers insights on Federal Housing Market insights. Fed Chair Jerome Powell reports a rise in the housing market and continued caution regarding future rate decisions. Get the inside scoop and gain actionable insight to make the best decisions.

AmeriFirst Financial, Mortgage Lender, Files for Bankruptcy

2023-08-25T10:21:17-07:00loan servicing private lenders, private mortgage servicing companies|

AmeriFirst Financial Inc. recently filed for bankruptcy, just two months after re-launching its forward mortgage origination business. Learn how the financial industry has been impacted by this unexpected collapse and how it affects lenders both public and private. Get the inside scoop and find out what's next.

Homebuyers Have Experienced a Substantial Decrease in Buying Power Since 2022

2023-08-25T06:41:45-07:00loan servicing for private money lenders, private mortgage loan servicing companies|

"Homebuyers across the country have seen their purchasing power dwindling due to rising mortgage rates. New data from Redfin illustrates the scale of the impact this is having. Explore this insight and understand the implications for private lenders."

Fannie Mae: Home Sales Won’t Rebound in 2024 Despite Soft Landing

2023-08-25T06:00:09-07:00private money loan servicing, private mortgage servicing companies|

"Fannie Mae's forecast shows that in spite of the possibility of a soft landing, home sales in 2023 are predicted to stay on par with levels experienced in 2009. 2024 is expected to herald a slight improvement. Get the insight you need to make informed decisions about private lending."

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