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So far Note Servicing Center has created 325 blog entries.

What is SNDA, and Why Does it Matter?

2022-12-05T22:35:30-08:00Private Money Lending|

Lenders in the commercial real estate industry most times need an SNDA which refers to Subordination, Non-Disturbance, and Attornment Agreement. An SNDA helps define the connection and interests of the lender, the borrower, and the renter of the asset used to secure the loan. [...]

How Lenders can Continue to Serve Borrowers Despite Housing Affordability Challenges

2022-02-11T06:49:16-08:00Private Money Lending|

Housing inventory is at an all-time low, housing prices are at all-time highs, and affordability is getting further out of reach for more individuals every day. These factors are combined to create a perfect storm for homebuyers rapidly running out of options. In addition, [...]

Deed in Lieu of Foreclosure – What you Need to Know

2022-12-05T22:33:07-08:00Private Money Lending|

If borrowers can not repay loans, lenders mostly have no choice but to foreclose on assets. However, there could be another option that is beneficial to both borrowers and lenders in the case of a payment default. This is known as the "Deed in [...]

Tips on Creating Private Mortgage Notes for Investors

2022-12-05T22:30:13-08:00Private Money Lending|

The majority of Private lenders are quite experienced professionals in the real estate industry with extensive knowledge of structuring loan agreements. However, most of them do not have long-term thoughts regarding loans, particularly in the form of an exit technique such as selling to [...]

Are Consistently Error-Free Closings within Reach for Lenders?

2022-05-09T05:47:17-07:00Private Money Lending|

Lending volume in the past year exceeded everyone's expectations, owing mainly to record-low mortgage rates. Closing problems unavoidably crept in as lenders tried to keep up with demand. As a result of this unexpected surge in volume, lending businesses across the industry are looking [...]

Mortgage Rates Fall Slowly after a Month-Long Increase

2022-02-04T05:59:40-08:00Timely|

According to the latest Freddie Mac PMMS Mortgage Survey, the average 30-year-fixed rate mortgage fell one basis point from the previous week to 3.55% for the week ending January 27th, 2022. However, it is essential to note that the 30-year fixed-rate mortgage averaged 2.77% [...]

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