Servicing errors in a growing private loan portfolio come from informal habits: payment tracking kept in personal spreadsheets, interest calculated in different ways, and escrow handled file by file. Written procedures, validated data at boarding, and a staged handoff catch these problems early. The right fix depends on portfolio size and staff capacity.
VBC's steel modular system enables rapid construction of 35-story towers, addressing urban infill challenges and labor shortages in high-demand markets.
NAR's RPAC disbursed $10.02M, with $1.27M for candidates and $1.58M in operating expenses, highlighting the influence of private lenders in real estate politics.
Explore the necessity for a "fifth place" in housing, beyond common amenities. Discover Ray Oldenburg's framework and its implications for community development.
Owner-financed deals succeed when two things are in place from day one: a contract that defines every material term clearly and a professional servicer that handles ongoing administration. Without both, vague agreements and informal payment tracking create legal exposure that erodes the deal's value for everyone involved.
Cotality’s storm report reveals 43.5 million U.S. properties at heightened risk from hail, potentially leading to significant financial losses akin to hurricanes.
Mortgage rates dropped as Treasury yields surged, influenced by ongoing U.S.-Iran tensions and rising crude oil prices exceeding $100 per barrel.
Transform real estate transactions by prioritizing trust and education. Emphasize client needs through service-led guidance instead of pressure tactics.
Hawley calls for an FTC investigation into FICO mortgage score fees, highlighting 88% margins and potential industry costs of $500 million.
A growing hard money lender should document every servicing step: boarding, payment application, interest accrual, escrow, payoffs, collections, and investor reporting. Written procedures keep results the same no matter who handles a file. Whether to build that function in-house or use a third-party servicer depends on loan volume, staff capacity, and portfolio mix.
