Form 1098 (Mortgage Interest Statement) Form 1098 is an IRS document that private mortgage lenders, including individuals or companies, must issue to borrowers who paid $600 or more in mortgage interest during the calendar year. This form is crucial for borrowers to deduct mortgage [...]
Mastering Cash Flow Analysis: A Guide for Private Lenders on Optimizing Liquidity For private mortgage lenders, effective cash flow management isn't just about knowing your balances; it's the bedrock of sustainable operations, robust growth, and regulatory adherence. In the dynamic world of private mortgage [...]
Early Warning Signs: Predictive Metrics to Spot Troubled Loans in Private Mortgage Servicing Early Warning Signs: Predictive Metrics to Spot Troubled Loans in Private Mortgage Servicing In the dynamic world of private mortgage servicing, the ability to foresee potential challenges is not just an [...]
Tax Implications & Deductions for Private Lenders & Investors Year-end reporting for private mortgages isn't just another item on your to-do list; it's a critical juncture that can significantly impact your bottom line and regulatory standing. For private mortgage lenders, brokers, and investors, accurately [...]
How to Accurately Determine if Your Seller-Financed Deal is TILA/RESPA Exempt in 4 Steps For private mortgage note holders, navigating the complex landscape of federal regulations like TILA (Truth in Lending Act) and RESPA (Real Estate Settlement Procedures Act) can be daunting. Understanding whether [...]
7 Critical TILA/RESPA Misconceptions Seller Financiers Must Avoid In the dynamic world of private mortgage servicing, particularly within seller financing arrangements, navigating the labyrinth of federal regulations like the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) is not [...]
Best Practices for Reporting Private Lending Metrics to Investors Best Practices for Reporting Private Lending Metrics to Investors In the dynamic world of private mortgage lending, investor trust isn't just a nicety; it's the bedrock of sustained capital and successful partnerships. For lenders and [...]
Tax Implications & Deductions for Private Lenders & Investors As a private mortgage lender, broker, or investor, you understand that the thrill of securing a lucrative deal is often matched by the daunting task of managing its aftermath – especially when Year-End Reporting rolls [...]
Austin Niemiec is set to lead Rocket Pro, the broker channel of Rocket Mortgage, following Dan Sogorka's departure, signaling potential shifts in leadership strategy.
New York City's housing voucher program faces uncertainty as Mayor Mamdani reassesses previous commitments, impacting support for low-income renters and investors.
