Rising Mortgage Rates Could Intensify Due to Iran Conflict
Rising tensions from the Iran war have driven the 10-year yield past a critical threshold, indicating an uptick in mortgage rates as the situation evolves.
Dragnet Clauses in Private Mortgages: Navigating Lien Priority and Risk
What is a 'Dragnet Clause' and How Does it Affect Lien Position? In the intricate world of private mortgage servicing, where every clause and nuance within loan documents can have significant financial ramifications, understanding the less common yet powerful provisions is paramount. One such [...]
Compliance & Risk Mitigation through SOPs for Private Lenders
# Compliance & Risk Mitigation through SOPs for Private Lenders Building a successful private lending enterprise isn't just about finding the right deals or securing capital; it’s fundamentally about robust, reliable operations. For mortgage lenders, brokers, and investors navigating the intricate world of private [...]
Converting Rule 506(b) Offerings to 506(c): Key Considerations for Managers
The SEC’s clarification on Regulation D Rule 506(c) is prompting issuers to reassess their use of Rule 506(b), balancing flexibility with new compliance complexities.
Former Employees Allege Stockton Mortgage Accessed Personal Email Accounts
Two ex-loan officers claim Stockton Mortgage accessed their personal Gmail accounts, filing unredacted emails containing sensitive financial information.
Judge Rejects NWMLS Motion to Dismiss Compass Antitrust Lawsuit
Seattle federal judge rejects NWMLS's motion to dismiss Compass's antitrust lawsuit, allowing discovery to proceed toward a scheduled trial.
Private Lending Success: The SOP Advantage for Compliance & Growth
## Compliance & Risk Mitigation through SOPs for Private Lenders In the dynamic and often complex world of private mortgage servicing, the difference between thriving and merely surviving often boils down to one critical element: robust Standard Operating Procedures (SOPs). For mortgage lenders, brokers, [...]
Transitioning from Rule 506(b) to Rule 506(c): Key Considerations for Fund Managers
The SEC’s clarification on Regulation D Rule 506(c) prompts issuers to reassess their strategies, balancing flexibility with the complexities of investor verification.
Insights from NAR on Leadership Transition in the Industry
NAR HQ visit reveals strong leadership advocacy, yet underscores ongoing challenges with compensation and trust within the member community for private lenders.
Lien Priority for Construction Loans: Essential Risks & Safeguards for Private Lenders
Construction loan lien priority exposes private lenders to mechanics’ lien relation-back claims and future-advance subordination. Learn the three core safeguards—site inspection, lien waivers, and per-draw title endorsements—that protect your capital through every phase of a construction project.