Key Terms in Private Mortgage Servicing Private Mortgage Servicing This refers to the administrative process of managing a mortgage loan after it has been originated, specifically for loans held by private individuals or entities rather than large institutional banks. It encompasses collecting principal and [...]
How to Draft an Ironclad Forbearance Agreement: A Step-by-Step Guide for Private Lenders In the world of private mortgage lending, borrower hardship is an unfortunate reality. When a borrower faces temporary financial distress, an informal handshake or verbal agreement for forbearance can quickly become [...]
How to Draft an Ironclad Forbearance Agreement: A Step-by-Step Guide for Private Lenders For private lenders navigating the complexities of loan servicing, a well-crafted forbearance agreement is more than just a temporary solution; it's a strategic tool. When borrowers face financial hardship, an ironclad [...]
Decoding Junior Lien Risks: What Private Lenders Need to Know Decoding Junior Lien Risks: What Private Lenders Need to Know Private mortgage lending offers a dynamic landscape of opportunities for investors, brokers, and lenders alike. While the allure of attractive yields and diverse portfolio [...]
Key Terms in Private Mortgage Servicing Mortgage Servicing Mortgage servicing refers to the administrative process of managing a mortgage loan from its origination until it is paid off or enters default. For private mortgage lenders, brokers, and investors, effective servicing is crucial as it [...]
7 Critical Documents Every Private Note Buyer Must Review During Due Diligence Investing in private mortgage notes can be a highly lucrative venture, offering attractive returns and portfolio diversification. However, for lenders, brokers, and investors entering this specialized market, the initial excitement must be [...]
How to Draft an Ironclad Forbearance Agreement: A Step-by-Step Guide for Private Lenders For private mortgage lenders, navigating periods of borrower hardship is an inevitable part of the loan servicing landscape. While compassion is paramount, protecting your investment through legally sound and clearly defined [...]
Credit Risk Credit risk refers to the potential for a borrower to default on their loan obligations, failing to make payments as agreed. For private lenders and investors, assessing credit risk is paramount during underwriting to determine the likelihood of repayment and set appropriate [...]
From Near Miss to Profitable Acquisition: How Thorough Due Diligence Revealed and Rectified a Major Title Defect in a Distressed Note. Client Overview Apex Capital Partners is a well-established private equity firm specializing in the acquisition and strategic management of distressed real estate-backed debt. [...]
Key Terms in Private Mortgage Servicing Glossary Key Terms in Private Mortgage Servicing Mortgage Servicing Mortgage servicing encompasses all the administrative tasks involved in managing a mortgage loan after it has been originated. For private lenders and investors, this means handling borrower payments, maintaining [...]
