Banks Rapidly Adopt AI Yet Struggle with Strategy and Governance
A recent survey reveals that while 61% of institutions are exploring AI, only 12.2% have a strategy in place, highlighting a gap in data readiness and resourcing.
Interest Reserves: Your Cash Flow Lifeline for Land Development Loans
How Interest Reserves Impact Cash Flow for Land Development Loans Land development loans are a unique financial instrument, designed to transform raw acreage into the foundational components of future communities. Unlike traditional mortgages or even construction loans, they present a distinct set of challenges [...]
**$250K Saved: A Private Lender’s SAFE Act Compliance Story**
How a New Private Lender Avoided $250K in Fines by Implementing Proactive SAFE Act Compliance Client Overview Horizon Lending Partners, established in late 2022, emerged as an ambitious new player in the private lending sector. Founded by a group of seasoned real estate investors [...]
Pennymac TPO Introduces New Non-QM Product Suite
Discover Pennymac TPO's new non-QM product suite featuring DSCR, bank statement, asset qualifier, WVOE, and 1099 options for enhanced lending flexibility.
Plaid Adds Home Lending Report to Encompass Platform Integration
Plaid's integration of its Home Lending Report into Encompass enhances lender workflows by enabling account linking and access to two years of financial data.
Credit Karma Partners with Better Teams to Introduce AI-Driven Refinance Platform
Credit Karma enables eligible members to secure preapproval in just five clicks and refinance home loans efficiently within 10 days, streamlining the mortgage process.
Optimal Blue Reports February Mortgage Rate Locks Increase by 9% from January
Mortgage rate locks increased as lower borrowing costs attracted more homebuyers, according to Optimal Blue's Market Advantage report for February 2026.
Dynamic SOPs: Essential for Compliance and Success in Private Mortgage Servicing
The Lifespan of an SOP: When and How to Update Your Procedures The Lifespan of an SOP: When and How to Update Your Procedures In the intricate world of private mortgage servicing, Standard Operating Procedures (SOPs) are far more than mere documents; they are [...]
Private Lenders: Avoid $250K SAFE Act Fines with Proactive Compliance Outsourcing
How a New Private Lender Avoided $250K in Fines by Implementing Proactive SAFE Act Compliance Client Overview Horizon Funding LLC, a burgeoning private lending firm founded in early 2023, entered the market with an ambitious vision: to become a leading capital provider for real [...]
Mattamy Homes Purchases 76 Acres in South Carolina for Development
Mattamy Homes secures a 76-acre site in South Carolina for a new community, signaling growth opportunities in private lending and real estate development.