Housing demand persists even with elevated mortgage rates
Mortgage rates hold at 6.64%, while purchase applications dip 5% YoY. Inventory increases to 713,549, with spreads around 2%, signaling market trends.
Shain Urwin Discusses Changing Broker-Lender Relationships in Reverse Mortgages
Shain Urwin highlights the need for stronger broker protections while addressing refinance churning and the importance of attracting new reverse mortgage borrowers.
Notarizations that are hindering mortgage workflow efficiency.
Discover how lenders are streamlining the closing process with eSignatures and remote online notarization, enhancing borrower satisfaction and efficiency.
Estate Planning for Seller-Financed Notes: Bypass Probate & Secure Your Legacy
Expert Insights: Avoiding Probate Headaches in Seller-Financed Inheritances Expert Insights: Avoiding Probate Headaches in Seller-Financed Inheritances Seller financing offers a powerful alternative to traditional bank loans, creating accessible pathways to homeownership and providing noteholders with a steady stream of passive income. It’s a win-win [...]
Essential Private Mortgage & Lien Terminology for Lenders & Servicers
Lien A lien is a legal claim or right against property that is used to secure a debt or obligation. Essentially, it grants the lienholder the right to seize or sell the property if the underlying debt is not repaid. For private mortgage lenders [...]
New Investors and Seller Financing: Mitigating Risk Through Professional Servicing
Market Trends: Is Seller Financing Becoming Too Risky for New Investors? The Allure and the Underlying Current Seller financing, often heralded as a creative and flexible alternative in real estate transactions, has long held a particular appeal for new investors. It can bypass traditional [...]
The Fundamentals of Liens & Mortgages: Key Terminology Explained
Fundamental Lien & Mortgage Terminology: Basic terms related to liens, mortgages, deeds of trust, and security instruments. Lien A legal claim or right against a property that is used as collateral to secure a debt or obligation. It essentially gives the lienholder the right [...]
Unlock Efficiency & Compliance: Process Mapping for Private Servicing SOPs
How to Conduct a Comprehensive Process Mapping Workshop to Create Effective Private Servicing SOPs Welcome to this comprehensive guide on conducting a process mapping workshop tailored for private mortgage servicing. In the dynamic world of private lending, efficient and compliant operations are not just [...]
Essential Lien & Mortgage Terminology for Private Mortgage Servicing
A practical glossary of essential lien and mortgage terms for private mortgage lenders and servicers — covering liens, security instruments, lien priority, foreclosure, recording, and more.
Unserviced Private Mortgages: The Crisis Demanding Professional Protection
Investor Beware: The Looming Crisis in Unserviced Private Mortgages The world of private mortgages often beckons with promises of attractive yields and diversification beyond traditional investment avenues. For many investors, lenders, and brokers, these alternative financing instruments represent a dynamic and rewarding segment of [...]