This private mortgage tax glossary covers every IRS form and core tax concept private lenders and note investors need - from Form 1098 and Form 1099-C to OID, tax basis, and debt forgiveness income - with plain-language explanations and illustrative loan math.
Austin Niemiec is set to lead Rocket Pro, the broker channel of Rocket Mortgage, following Dan Sogorka's departure, signaling potential shifts in leadership strategy.
Mortgage defect rates have stabilized, yet ongoing staffing changes and technology gaps continue to elevate quality control and buyback risks for lenders.
Housing industry experts express caution regarding Warsh’s potential impact on the market, emphasizing the need for private lenders to stay informed and prepared.
Florida court denies broker's request for NAR and MLSs to enforce their rules, citing timing issues with the motion. Impact on private lenders may follow.
Understanding title insurance is crucial for private lenders assessing enforcement and recovery risks, as it directly impacts lien priority and loss mitigation outcomes.
Paul Fiore has joined HighTechLending to enhance branch growth and introduce innovative reverse mortgage products like EquitySelect. Explore the opportunities.
Discover how innovative financing is set to streamline title and escrow services through an AI-driven, comprehensive closing platform for enhanced efficiency.
PennyMac reports Q4 net income of $106.8M, driven by increased mortgage production despite declines in servicing income due to prepayments.
Kevin Warsh's nomination for Fed chair is challenged in the Senate as a DOJ probe into Jerome Powell unfolds, raising concerns for private lenders.
