Real estate brokers who work with private mortgage notes need to understand lien priority — which claims can outrank a private note, and how professional servicing protects that position throughout the loan term. Property tax super-priority, HOA liens, mechanic's claims, and judgment liens all carry risks that closing-day diligence can surface and resolve.
New York City's Mayor Mamdani introduces "ADU for You," a plan to streamline the construction of accessory dwelling units, enhancing housing supply and affordability.
Indiana Regional MLS will implement Navigator by Lundy, enhancing AI-driven rules and compliance support for MLS staff and shareholder associations.
CrossCountry Mortgage is competing for Two Harbors Investment Corp., contending with UWM Holdings and a higher all-cash offer from another bidder.
Groundworks aims to create 5,000 skilled trades jobs in response to rising demand for foundation repair and moisture management in aging homes nationwide.
Rep. Eric Swalwell has dismissed his lawsuit against FHFA Director Bill Pulte, alleging violations of federal privacy laws, impacting regulatory dynamics in housing finance.
Compass seeks dismissal of a TCPA lawsuit in Oregon, asserting it holds no vicarious liability for agent calls made to a Do Not Call number.
Documented standard operating procedures (SOPs) turn private mortgage note servicing from a person-dependent task into a repeatable system. Write down how payments are applied, how escrow is handled, when default notices go out, and how reports are made. Which compliance steps belong in them depends on loan type, state, and purpose.
Explore insights from Michael Altneu on the driving forces behind luxury housing demand and how top-tier properties are diverging from the broader market trends.
Reverse mortgage expert Michael Banner highlights how stigmas, inadequate staffing, and limited outreach hinder the underutilization of HECM for Purchase opportunities.
