First American Initiates Legal Action Against Novad Over $1.6M Reverse Mortgage Issue
First American has initiated legal proceedings against Novad in Maryland, targeting arbitration over $1.6 million in disputed reverse mortgage fees.
How to Vet a Portfolio of Seller-Financed Notes Before You Buy
Before buying a portfolio of seller-financed notes, review each note's documents instead of relying on the seller's summary. Check the acceleration clause, endorsements, assignments, chain of title, payment history, and compliance. A note can perform on a spreadsheet and still be hard to enforce. Findings should shape the price or the list of notes you buy.
Addressing Offshore Capital Risks: A Guide for U.S. Lenders and Fund Sponsors
Explore how U.S. lenders can leverage offshore capital while addressing tax, compliance, and regulatory challenges. Discover effective strategies to optimize funding.
Study Finds Private Listings May Outperform MLS; Key Omissions Highlighted
A UGA study reveals a 1.7% private sale premium in DFW, with post-2020 estimates dropping to 0.9%, indicating potential shifts in market dynamics.
Mortgage Rates Stabilize: Is 6.5% the New Standard?
Mortgage rates have surged recently, leading market participants to adopt a cautious stance as they anticipate potential further increases in home loan prices.
Rechat Introduces AI Memo Tool for Real Estate Agents
Discover innovative capture modes for private lenders: live recording with client consent or dictated voice memos, delivering structured outputs with concise summaries.
Real Brokerage Welcomes 65-Agent Equity Realty Group in Phoenix
Real Brokerage strengthens its Arizona market foothold by adding Randy Anaya's 65-agent Equity Realty Group in Phoenix's Southwest Valley, enhancing its $191M presence.
The impact of workflow fragmentation on mortgage technology costs.
Discover how workflow fragmentation impacts costs in mortgage lending and explore solutions for improved interoperability to enhance efficiency and reduce expenses.
Rethinking Income Verification in Mortgage Lending Practices
Explore how traditional mortgage underwriting processes continue to shape the industry, despite advancements in automated systems and tools for efficiency.
Accepting a Seller Note as Equity or Collateral: How to Verify the Chain of Assignment
When a borrower offers a seller-carried note as equity or collateral, verify the chain of assignment first. Every transfer and endorsement from the original holder to the borrower must be documented. A missing link can leave the borrower without clear title to the note. Whether that defeats enforcement depends on state law and the documents.