Michael Banner discusses the struggles of HECM for Purchase adoption.
Reverse mortgage expert Michael Banner highlights how stigmas, inadequate staffing, and limited outreach hinder the underutilization of HECM for Purchase opportunities.
Transforming Declined Loan Analysis into Successful Mortgage Closings
Declined loans represent lost resources for lenders. Understanding underwriting decisions can help improve funding rates and enhance profitability for IMBs.
The rise of Coming Soon listings prompts concerns over value and transparency.
Explore strategies for private lenders as MLS rules may limit visibility to 24 hours, while portals enhance syndication partnerships for broader outreach.
PHH Successfully Transitions to Onity Mortgage Branding
Onity Group's mortgage subsidiary, PHH Mortgage Corp., has rebranded as Onity Mortgage, signaling a strategic shift in branding and services for private lenders.
Balance Homes Enhances Co-Ownership Program with Fee Rebates and Counseling
Balance Homes enhances its co-ownership program, offering HUD counseling, progress tracking, and fee rebates for efficient home equity buyback processes.
Real Estate Agents Transforming into Housing Advisors: A Strategic Shift
Experts discuss the evolving workflows in the housing market, focusing on inventory challenges, technological advancements, and affordability issues for private lenders.
Housing demand continues to rise as mortgage rates reach a critical juncture.
Amid rising oil prices and persistent mortgage rates, existing home sales show resilience, signaling potential opportunities for private lenders in the market.
Private Mortgage Servicing: Essential Terms for Investor Success
Master the terminology behind private mortgage servicing — from loan boarding and escrow management to default workflows and investor reporting — so you can evaluate servicer performance, protect your collateral, and keep notes audit-ready.
Gap Liens: Protect Your Private Mortgage Investment
Gap liens create a window of lien-priority exposure on private mortgage notes between the release of a prior lien and the recording of a new one. This post explains when that window opens, which situations carry the highest risk, and the specific practices that close the gap before an intervening creditor can step in ahead of your note.
Due Diligence for Seller-Financed Properties: Securing Your Private Mortgage Investments
Seller-financed private mortgage notes carry origination risks that institutional underwriting never touches. This framework covers the complete due diligence process - title search, lien priority, document review, assignment chains, and borrower verification - that protects note holders before capital is committed.