Florida’s First Federal Bank Purchases NOLA Lending Group
First Federal Bank's acquisition of NOLA Lending Group is expected to maintain the majority of its workforce, signaling stability in operations and service delivery.
**Precision Comping: The Private Lender’s Key to Slashed NPLs and Higher Profits**
How a Private Lender Reversed Losses by Implementing Precision Comping Strategies Client Overview Horizon Lending Group, a prominent private lender based in the Southwestern United States, specialized in providing short-term, real estate-backed loans to experienced investors and developers. Their portfolio primarily consisted of bridge [...]
Real Brokerage Joins RESPA Lawsuit Filed Against Zillow
An amended complaint in the Zillow Flex lawsuit includes four new real estate firms, citing misleading practices and potential violations of RESPA and RICO.
Mortgage M&A activity expected to increase significantly in the near future.
Strategic mergers and acquisitions in the mortgage sector are rising, signaling potential growth and consolidation opportunities for private lenders in the near future.
First Federal Bank Purchases Fidelity Bank’s Mortgage Division
First Federal Bank has acquired the mortgage assets of Fidelity Bank’s NOLA Lending Group, enhancing its retail presence in Louisiana, Florida, and Mississippi.
Challenges in Title Insurance Risk from Distressed Assets and AI Fraud
Explore how the shifting real estate cycle, increased fraud, and expedited transaction timelines are transforming underwriter assessments of defects and risk exposure.
AI Integration in Note Servicing: Best Practices for Compliance & Efficiency
Best Practices for Integrating AI Tools into Existing Note Servicing Systems In the dynamic world of private mortgage servicing, the pursuit of efficiency, accuracy, and compliance is never-ending. As technology advances, Artificial Intelligence (AI) presents a transformative opportunity, yet the thought of integrating sophisticated [...]
Revolutionizing Private Lender Due Diligence with Virtual Data Rooms
How a Virtual Data Room Enhances Private Lender Due Diligence in Mortgage Servicing How a Virtual Data Room Enhances Private Lender Due Diligence in Mortgage Servicing In the dynamic world of private mortgage lending, making informed decisions is paramount. Private lenders, often operating with [...]
Buyer Broker Agreements Highlight Vulnerabilities in Consumer Trust
New buyer broker agreement rules emphasize trust and transparency, as buyers seek clearer terms and greater flexibility in real estate transactions.
Operationalizing TILA/RESPA for Profitable Private Seller Financing
Navigating TILA/RESPA in Seller Financing: A Deep Dive for Private Mortgage Servicers In the dynamic world of real estate and finance, seller financing has experienced a powerful resurgence, becoming an increasingly vital tool for facilitating property transactions outside traditional lending channels. For private mortgage [...]