HomeServices updates its strategy, insights from CEO Chris Kelly.
HomeServices CEO Chris Kelly cautions that listing fragmentation could negatively impact consumers, suggesting MLSs may shift towards technology services.
Home Inspection Trends Influencing the Future of the Housing Market
The home inspection industry is evolving, influencing mortgage timelines and lender risk assessment. Key trends are reshaping the inspection process for all parties involved.
The Critical Role of Compliance in Institutional Private Mortgage Servicing
The Rise of Institutional Private Lending in Residential Real Estate: Navigating Regulatory Compliance in Servicing The Rise of Institutional Private Lending in Residential Real Estate: Navigating Regulatory Compliance in Servicing The landscape of residential real estate finance is undergoing a significant transformation. We’re witnessing [...]
7 Steps to De-Risk Construction Loans for Streamlined Servicing
How to Conduct a Comprehensive Risk Assessment for a New Construction Loan in 7 Steps For private mortgage servicing companies, the initial risk assessment of a new construction loan is paramount. A meticulously conducted assessment doesn't just protect your investment; it fundamentally streamlines the [...]
The Essential Guide to Alternative Data & AI for Hard Money & Private Lenders
Automated Valuation Model (AVM) An Automated Valuation Model (AVM) is a computer-generated estimate of a property's value based on mathematical modeling and a database of existing property information, including sales data, property characteristics, and market trends. Unlike a full appraisal, AVMs offer quick, cost-effective [...]
Navigating the Regulatory Maze of Private & Hard Money Loan Servicing
When Banks Say No: The Lifeline of Private and Hard Money Lending When Banks Say No: The Lifeline of Private and Hard Money Lending Navigating the Specialized World of Private Mortgage Servicing In a financial landscape often dominated by large institutions and rigid criteria, [...]
Construction Loan Servicing Glossary for Private Lenders
Construction Loan A construction loan is a short-term, interest-only loan used to finance the building of a new home or real estate project. Unlike traditional mortgages, funds are disbursed in stages, known as "draws," as construction milestones are met. These loans typically carry a [...]
Alternative Data Glossary for Hard Money & Private Lenders
[GLOSSARY TOPIC] - Alternative Data Terminology for Hard Money & Private Lenders This glossary defines key alternative data terms, tailored for hard money and private lenders. It aims to provide clarity on how these non-traditional data sources can enhance decision-making, improve compliance, and streamline [...]
Your Network as Capital: Fueling Private Mortgages with Professional Servicing
Leveraging Your Network: Turning Contacts into Capital Sources in Private Mortgage Servicing In the dynamic world of private mortgage lending, capital is king. While traditional avenues for funding exist, the most resilient and often most lucrative sources frequently stem from an unexpected place: your [...]
The Partnership Advantage: Driving Success in Construction Financing
Building Strong Lender-Borrower Relationships to Navigate Construction Challenges Building Strong Lender-Borrower Relationships to Navigate Construction Challenges In the dynamic world of private mortgage lending, few endeavors present as many variables and potential pitfalls as construction financing. Unlike traditional mortgage products, construction loans are a [...]