Private Mortgage Note The Private Mortgage Note, often simply called a 'Note' or 'Promissory Note,' is the legal document signed by the borrower that outlines their promise to repay a loan to a specific lender, along with the terms of repayment, interest rate, and [...]
Loan Servicing Loan servicing refers to the comprehensive management of a loan from the point it's funded until it's fully paid off or foreclosed. For private mortgage lenders and investors, this encompasses essential tasks like collecting monthly payments, managing escrow accounts for property taxes [...]
"Explore Phil Hall's Op-Ed on potential impacts in the real estate industry, focusing on broker fee structures. Learn about life after Sitzer/Burnett. Stay updated with Weekly Real Estate News."
"Pioneering industry figure, Patricia 'Patti' Cook, passed away at her home at age 70. Her 45-year tenure in the mortgage sector left an indelible mark and shattered glass ceilings."
"Explore recent developments as mortgage rates align with the 10-year yield decline. Analyzing if the peak mortgage rates for the year have been attained."
"Change Lending set to continue offering non-QMs to underserved borrowers following preliminary agreement with the Treasury Department. Stay updated on industry updates for private lenders."
"Discover new industry insights as nearly 7% of homes for sale posted a price drop - the highest on record. Stay informed with Weekly Real Estate News."
"Explore today's jobs report effect on mortgage rates & how it signals Federal Reserve's next moves. A significant discourse for private lenders."
"Explore strategies your brokerage can adopt to effectively navigate potential outcomes of ongoing commission lawsuits. Insightful advice for private lenders."
"Bob Goldberg steps down as NAR CEO following the Sitzer/Burnett commission lawsuit trial setback. Significant news for private lenders, signaling industry shifts."
