Northeast ERA Real Estate Agencies Form Interstate Merger
A new merger establishes a brokerage with nine offices and nearly 200 agents in New York and Connecticut, paving the way for potential future growth.
Rocket Companies Faces Lawsuit Over Allegations of Mortgage Steering
Lawsuit alleges Rocket Companies profited by exploiting home buyers' vulnerabilities, raising concerns about ethical practices in mortgage lending.
Seller Carryback & Note Investing: An Essential Glossary
Seller Carryback (or Seller Financing) When a seller provides financing directly to the buyer for a portion or all of the purchase price of a property, rather than the buyer obtaining a traditional bank loan. The seller essentially acts as the lender, holding a [...]
Master Private Mortgage Servicing: Late Fees & Notices
Navigating the Labyrinth: A Masterclass on Late Fees, Grace Periods, and Notices in Private Mortgage Servicing Master private mortgage servicing. Navigate late fees, grace periods, and notices with precision. Ensure compliance, cut operational costs, and protect your investments. Achieve profitable servicing. Welcome, esteemed mortgage [...]
TILA/RESPA Compliance Glossary for Private Lenders & Seller Financiers
Fundamental TILA/RESPA Terminology for Private Lending & Seller Financing TILA (Truth in Lending Act) The Truth in Lending Act (TILA) is a federal law designed to promote the informed use of consumer credit by requiring disclosures about its terms and cost. For private lenders [...]
Navigating TILA/RESPA: Essential Terms for Private Lending & Seller Financing
Fundamental TILA/RESPA Terminology for Private Lending & Seller Financing TILA (Truth in Lending Act) The Truth in Lending Act (TILA) is a federal law enacted to protect consumers in credit transactions by requiring clear disclosure of key terms and costs. While some TILA provisions [...]
Your Essential TILA/RESPA Glossary for Private Lending & Seller Financing Compliance
Fundamental TILA/RESPA Terminology for Private Lending & Seller Financing Fundamental TILA/RESPA Terminology for Private Lending & Seller Financing Navigating the complex landscape of private lending and seller financing requires a solid grasp of key regulatory terminology. This glossary provides clear, jargon-free definitions for essential [...]
TILA & RESPA Glossary for Private Lenders and Seller Financing
Understanding the core terminology of the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) is essential for anyone involved in private lending or seller financing. These federal regulations, while often associated with traditional institutional mortgages, can also apply to [...]
Essential TILA/RESPA Terms: A Private Lending & Seller Financing Glossary
Fundamental TILA/RESPA Terminology for Private Lending & Seller Financing Glossary Truth in Lending Act (TILA) TILA is a federal law enacted to protect consumers in credit transactions by requiring clear disclosure of key terms and costs. For private lenders and seller financiers, understanding TILA [...]
FHFA Achieves Clean GAO Audit for Fiscal Year 2025
Federal Housing Finance Agency's latest report reveals $518.4 million in assets and a strong net position of $199.2 million, underscoring financial stability.