IMBs Experience Increased Profitability in Third Quarter
Independent mortgage banks demonstrate stronger profitability as production revenue exceeds increasing costs, signaling resilience in the mortgage sector.
FEMA’s Acting Chief David Richardson Steps Down
Richardson's appointment as Administrator follows Hamilton's dismissal, signaling potential shifts in leadership and priorities within the Department of Homeland Security.
Baltimore Multifamily Community Sold for $5.95 Million
Transforming a historic property, The Baltimorean offers various apartment options, appealing for investment in the multifamily real estate market.
Judge Dismisses Class Action Status in Batton Commission Lawsuit
"Batton lawsuit claims a longstanding nationwide antitrust conspiracy, alleging inflated broker fees that impact buyers; potential implications for private lenders."
Seller Financing & Note Terminology: Core Terms Glossary
Seller Financing Seller financing, also known as owner financing, occurs when the seller of a property acts as the lender to the buyer. Instead of the buyer obtaining a loan from a traditional bank, they make payments directly to the seller over an agreed-upon [...]
The Ultimate Glossary for Private Mortgage Notes
Seller Financing & Note Terminology Glossary Seller Financing (Owner Financing) Seller Financing, also known as Owner Financing, occurs when the seller of a property directly lends the buyer money for the purchase, instead of the buyer obtaining a loan from a traditional bank. The [...]
Seller Financing & Private Mortgage Terminology: A Servicing Glossary
Seller Financing Seller financing, also known as owner financing or carryback financing, occurs when the seller of a property acts as the lender, providing a loan to the buyer to purchase the property. Instead of the buyer obtaining a traditional mortgage from a bank, [...]
Mastering Seller Financing: Your Essential Note Servicing Glossary
Seller Financing & Note Terminology: Core Glossary Seller Financing (Owner Financing) Seller financing, also known as owner financing, occurs when the seller of a property acts as the lender to the buyer, rather than a traditional bank or mortgage company. Instead of the buyer [...]
Seller Financing & Private Mortgage Notes: Your Essential Glossary
Seller Financing & Note Terminology Glossary Seller Financing (Owner Financing) The seller acts as the lender, carrying back a portion or all of the financing for the buyer. This removes the need for a traditional bank loan, often used when buyers have difficulty securing [...]
Home Sales in Indiana Increase by 4 Percent
"Discover the stability in Indiana's housing market with median home prices at $270,000. Learn how this impacts private lending opportunities."