Leveraging Technology to Mitigate Risk and Enhance ROI for Lenders
Explore how technology can enhance risk management and boost ROI for private lenders in the construction sector. Learn insights and best practices today.
Ex-Lender Sentenced for Involvement in Reverse Mortgage Fraud Scheme
A federal judge in Illinois has sentenced a former loan originator to prison for his involvement in a multimillion-dollar reverse mortgage fraud scheme, highlighting industry risks.
Trade Groups Advocate for GSEs to Purchase MBS to Mitigate Mortgage Rates
Community lenders and bankers suggest enabling Fannie Mae and Freddie Mac to acquire up to $300 billion in MBS to bolster market stability amid declining investor interest.
10 Things Every Lender Should Know About Seller Carry Financing
Seller carry financing turns the property seller into a private lender. These 10 core concepts—covering compliance, documentation, lien position, servicing, escrow, default protocols, and note saleability—determine whether a seller carry note builds wealth or creates liability.
9 Ways Professional Servicing Makes Wrap Mortgages Work for Difficult Properties
Unique properties stall on the MLS for years. Wrap mortgages unlock them — but only when professional servicing handles the compliance and cash flow mechanics.
Leveraging DPA Strategies to Capture the Missing Middle in Lending
Explore insights on down payment assistance programs as Mosi highlights critical challenges and necessary shifts in the industry to benefit private lenders.
Qualia Introduces Solution for FinCEN Compliance.
Incomplete or late FinCEN reports can result in fines up to $1,400 per violation and exceed $100,000 for repeated negligence, highlighting compliance risks.
New Western Purchases Big State Home Buyers to Enhance Investment Strategy
Combined efforts may create up to 8,200 new investment opportunities annually as companies integrate, highlighting potential growth in the private lending sector.
Better Launches AI-Powered Wholesale Home Equity Lending Solutions
Better.com has launched an AI-driven wholesale lending program, enhancing the availability of home equity products such as HELOCs and CES loans for private lenders.
12 Regulatory Compliance Updates Every Private Mortgage Servicer Must Act On
Federal and state rules governing private mortgage servicing shift constantly. Here are 12 compliance updates lenders must act on now to avoid fines and portfolio risk.