When a borrower qualifies for conventional financing, a private mortgage note payoff is the exit most lenders are building toward. Here is what that transition requires - and why servicing quality determines whether it closes cleanly.
## Data Privacy, Security & Compliance for Smarter Lending Practices In the dynamic world of private mortgage servicing, the landscape is constantly evolving. For mortgage lenders, brokers, and investors, the daily grind involves not just finding profitable opportunities, but also navigating a complex web [...]
The OCC's consent order against The Federal Savings Bank highlights concerns over misleading VA cash-out refinancing practices, emphasizing regulatory scrutiny in the mortgage sector.
Second amended complaint against Zillow adds eXp Realty, alleging steering towards Zillow Home Loans and increasing named plaintiffs to 12. Key developments for private lenders.
Redfin requests NWMLS to implement a premarketing status for listings in Washington, enabling broad visibility for agents while gauging market interest.
Brokers who consistently attract private mortgage investors know the deal is only part of the pitch. Here is how to build investor confidence through rigorous underwriting, strategic networking, and professional post-funding servicing on private mortgage notes.
New York Comptroller Thomas DiNapoli advises investors to oppose eXp's plan to reincorporate from Delaware to Texas at the upcoming annual meeting.
CFA study shows limited impact of commission decoupling on buyer agent fees, highlighting ongoing challenges in affordability for private lenders and buyers.
The SEC's proposed rise in qualified client thresholds alters performance fee eligibility, impacting fund managers and high-net-worth investor access significantly.
The MBA supports the CFPB's draft plan, advocating for TRID and servicing changes along with updates on disclosure and underwriting to enhance credit access.
