Unexpected jobs report drives mortgage rates to new annual lows.
Today's jobs report underperformed, leading to a decline in mortgage rates as the Federal Reserve reassesses its outlook on the labor market's strength.
AB 130: New Law in California Could Affect Your Second Mortgages
If you own or service second mortgages in California, there’s a new law you need to be aware of, AB 130. It went into effect on June 30, 2025, and it fundamentally changes how you’re allowed to initiate foreclosure on second loans. Under [...]
Growing Trend: Homebuyers Turning to Family for Financial Support
A recent survey conducted by LendingTree reveals that a significant number of today's homebuyers are relying on financial support from their families to achieve their dream of homeownership. The survey, which included 2,000 adults, found that 39% of homeowners have received assistance with their [...]
Why Buyers and Sellers Should Protect their Investment
If you are in the process of obtaining or selling a private mortgage, you might be researching the pros and cons of owner financing. You will find that one of the main risks in private mortgage is unpaid property taxes. I would like to [...]
LATE CHARGES AND NOW…HERE’S THE REST OF THE STORY!
BY THOMAS K. STANDEN IV With respect to the amount, timing and method used to assess and collect late charges, during the last 28 years as a Note Servicing Company, I bet we’ve seen them all. It doesn’t seem to make much difference whether [...]
CLAUSES THAT CAN CLOBBER YOU
No one likes to be blindsided, caught off guard or experience an unexpected, non-beneficial surprise. It’s bad enough getting hit up the side of the head when you’re nose to nose and toes to toes with an opponent. At least in that scenario you [...]
BACK TO THE FUTURE
Listen to what Dr. Emmett Brown, the Nutty Professor in the film Back to the Future, said to Marty McFly when asked how the Flux Capacitor works: “First, you turn the time circuits on. This one tells you where you’re going. This one tells [...]
Seller Carry-Back Rule and Dodd-Frank
Article by Michelle R. Rodriguez Woodland Hills Mortgage After the Consumer Financial Protection Bureau (“CFPB”) released the final Loan Originator Compensation Rule in early 2013, there has been a lot of confusion surrounding the Seller Financer Rule or Seller Carry- Back Rule. It is important for [...]
A TIMELESS AND PROVEN “TRICK OF THE TRADE”
During our career as investors, and now as a note servicing company for the private cash flow industry, one double-sided lament we continually hear is the complaint about the shortage of business opportunity - and the competition spawned by the proliferation of new cash [...]
GPS For Less Stress and No Guess on Your Road to Success
The Global Positioning System (GPS) is a satellite-based navigation system that works in any weather conditions, anywhere in the world, 24 hours a day. There are no subscription fees or setup charges to use GPS. The receiver can determine the user's position and record [...]