Boston Mayor Announces 13% Increase in Residential Property Taxes
In Boston, over 70% of the $4.6 billion budget relies on property taxes, predominantly from commercial real estate, highlighting shifts in tax dynamics.
Your Essential Glossary for Private Mortgage Note Investing
Promissory Note A legally binding written promise by the borrower to repay a specific sum of money to the lender or note holder under specified terms and conditions. It outlines the principal amount, interest rate, payment schedule, and maturity date. For private mortgage note [...]
MBA Proposes Revisions to Federal Reverse Mortgage Programs
MBA proposes seven reforms for the HECM and HMBS programs, focusing on new securitization options and adjustments to mortgage insurance premiums.
Chase Introduces Refinance Rate Discounts for Cyber Monday
Chase Home Lending offers a limited-time rate discount on refinance mortgages, providing potential savings for borrowers acting swiftly. Explore the benefits.
eXp introduces a worldwide property search platform.
eXp Realty introduces LYVVE, a global property search platform, enhancing connections between eXp listings and agents across nearly 30 countries.
Strategies for Originators: Thriving in a Changing Market Landscape
Explore how mortgage originators navigate a shifting market with innovative non-QM solutions, emphasizing client education and relationship-building for success.
Private Mortgage Servicing 101: Essential Terms for Lenders & Investors
Key Terms in Private Mortgage Servicing Glossary Mortgage Servicing Mortgage servicing encompasses the administrative tasks involved in managing a mortgage loan from the point of funding until it’s paid off. This includes collecting monthly payments, managing escrow accounts for taxes and insurance, handling customer [...]
14 Private Mortgage Servicing Terms for Note Investors and Lenders
A working glossary of 14 private mortgage servicing terms that decide whether your note portfolio is auditable, saleable, and defensible at exit time.
12 Private Mortgage Servicing Terms for Note Investors
Twelve private mortgage servicing terms every note investor must master, from mortgage notes and escrow to remittance, default, and servicing transfers.
15 Private Mortgage Servicing Terms for Note Investors
A plain-English glossary of 15 essential private mortgage servicing terms for note investors — from MSA and escrow to default servicing and note sale prep.