Sun West initiates lawsuit against FNB regarding reverse mortgage repurchases.
Sun West Mortgage Co. has initiated legal action against First National Bank of Pennsylvania over two reverse mortgages exceeding $850,000, involving Fannie Mae.
Estate Media Celebrates Second Anniversary with $6M Revenue and $1M Funding
Explore how Estate Media has created a vast network of top agents and digital creators, amassing 30 million followers, transforming industry connections.
BSI Financial’s Allen Price Discusses MSR Strategies and Home Equity Investments
Private lenders should note that MSR pools focused on lower-rate notes reduce customer retention concerns, explains Allen Price, SVP of Sales and Client Management.
Real Estate Agents Maintain Commission Structure, According to Mystery Shopper Report
Consumer Policy Center's "mystery shopper" interviews reveal consistent commission rates across lenders, highlighting a reluctance to engage in negotiations.
9 Cost Layers That Erode Real Yield on Private Notes — And How to Measure Them
Nominal rates lie. Here are 9 cost layers private lenders must calculate to find actual yield on private mortgage notes.
Broker Working Group Seeks Clarity on NAR’s Financial Expenditures
Broker working group highlights delayed financial disclosures as a key issue, calling for structural reform to enhance trust within the lending community.
NEXA broadens lawsuit against ex-employee and includes additional defendants.
NEXA Lending intensifies legal action against ex-employees, claiming trade secret theft and breach of contract, potentially impacting industry practices.
Compass alleges collusion between Redfin and Zillow prior to hearing.
Zillow's recent communication highlights its perceived monopoly in the real estate market, raising concerns for private lenders about competitive practices and market dynamics.
Irresistible Note Package: The Secret to Attracting Top Private Mortgage Buyers
A well-constructed private mortgage note package includes an executed promissory note, clean title policy, original borrower underwriting records, and a detailed payment history. Sellers who deliver complete, professionally organized packages attract stronger buyers, close faster, and command better pricing.
10 Seller Carry Strategies That Close Difficult Commercial Sales
Seller carry financing unlocks commercial deals that traditional lending blocks. Here are 10 strategies private lenders use to close—and service—these notes.