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So far Note Servicing Center has created 321 blog entries.

The Practice That Can Help Lenders Stop Losing Customers

2022-01-11T00:33:32-08:00Private Money Lending|

Lenders must make product and pricing information readily available to remain competitive. With numerous choices out there, consumers are eager to compare products, deals, and costs to attain the best available option for their needs. However, it is astonishing that most lenders have preserved [...]

How Lenders Can Accelerate Access to Credit for Marginalized Communities

2022-01-11T00:34:13-08:00Private Money Lending|

One of the most effective ways to accumulate wealth is through homeownership. Equity boosts a person's net worth, allowing them to accumulate long-term wealth passed down through generations. Unfortunately, not everyone has easy access to homeownership. It can be far more difficult for people [...]

Making Sense of Cross-Default and Cross-Collateralization Provisions

2022-01-11T00:34:49-08:00Private Money Lending|

Cross-Defaults and Cross Collateralization are two concepts that are often misused and interchanged by lenders, and in some cases, they are used to describe something different completely. A cross-default provision transforms a lender's or its affiliate's default on one loan to a borrower, guarantor, [...]

Dealing with Title Insurance on Cross-Collateralized Transactions

2022-01-11T03:03:05-08:00Private Money Lending|

Lenders should be aware that when it comes to real estate transactions involving a portfolio of properties, particular title insurance difficulties may develop that are unique to such transactions. As a result, lenders should ask for certain types of coverage and keep in mind [...]

Value of Networking in Private Lending

2022-01-11T02:58:12-08:00Private Money Lending|

Networking is crucial as you can't tell what opportunities it might bring to your doorstep. Networking and personal relationships are vital ingredients for success in the private lending industry. In establishing liquid logic as a clear market leader in the industry, networking and personal [...]

Cross-Collateral Loans: What are they and How Do They Work?

2022-01-11T00:35:58-08:00Private Money Lending|

Cross-collateral loans are useful lending techniques that can benefit a lender. Cross collateralization is a form of lending technique in which the collateral from one loan is used to secure a loan from the same lender. For example, consider the borrower's situation with a [...]

Section 1071 of the Dodd-Frank Act: A New Regulatory Chapter for Lenders

2022-05-09T05:49:33-07:00Timely|

As the Consumer Financial Protection Bureau (CFPB) is preparing to begin drafting regulations to implement section 1071 of the Dodd-Frank Act, lenders look forward to a new regulatory chapter in the industry, resulting in significant new reporting requirements fair lending examinations and potential enforcement [...]

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