Private mortgage note holders who misunderstand professional servicing make preventable mistakes. Here are seven common misconceptions - from treating servicing as payment collection to picking a servicer like a commodity - and what to understand about each one.
Professional mortgage note servicing handles far more than collecting monthly payments. Here are 5 things every private lender needs to understand about what a qualified servicer actually does.
Professional servicing turns a private mortgage note into a documented, collected, and reported stream of payments. Here is what a licensed servicer actually handles, from loan boarding and payment math to escrow, compliance, default administration, and choosing the right servicer for your note.
Current trends suggest sellers may be adjusting price expectations due to increasing competition for buyers, indicating a shift in the real estate landscape.
Explore Aaron Kirman's vision for Christie's SoCal, highlighting the influence of AI, cryptocurrency, and development projects on the future of real estate.
Comparing real estate agent gross commission income can lead to reactive decision-making, obscuring true costs and undermining client relationships and trust.
Union Home Mortgage Corp. acquires AmeriTrust Mortgage Corp., enhancing its presence in the nonqualified mortgage market and expanding investment opportunities.
RiskSpan has released Credit Model 7.1, trained on $87B UPB for non-QM loans, as Q3 issuance surged 97% to $20.9B, enhancing risk assessment capabilities.
Explore the proposed $100 million Southern California Rebuild Fund, designed to address wildfire rebuild financing gaps through stakeholder collaboration and input.
loanDepot argues that WCL lacks standing under TILA and demonstrates no lost customers, requesting dismissal with prejudice in federal court in California.
