Alabama’s Housing Market Shows Increasing Affordability Disparity
Alabama's housing market shows a divide: affordable homes sell quickly while higher-priced listings remain. Explore the effects on buyers and sellers.
West Capital Lending Collaborates with Mortgage Connections
West Capital partners with a Michigan brokerage to enhance its national reach and strengthen its presence in the Midwest market for private lenders.
Better Introduces Bank Statement HELOC for Small Business Owners
A new HELOC option enables self-employed borrowers to tap into home equity without the need for tax returns, W-2s, or profit-and-loss statements.
Five states file lawsuits against Zillow and Redfin regarding $100M rental deal.
Attorneys general in Virginia, Arizona, New York, Connecticut, and Washington initiate lawsuits mirroring the FTC's actions, impacting private lending practices.
Explaining Business Purpose and Consumer Loans
Understanding the key differences between business purpose and consumer loans is essential for private lenders to assess risk, compliance, and borrower eligibility effectively.
UWM Reduces Title Fees for Refinance Borrowers
UWM enhances cost efficiency for refinance borrowers by refining its TRAC+ title review and closing alternative, streamlining the process and reducing expenses.
9 Underwriting Checkpoints for Private Mortgage Partial Note Purchases
Walk through 9 essential underwriting checkpoints every investor needs before closing a partial note purchase on a private mortgage.
The Essential Stages of Efficient Loan Boarding in Private Mortgage Servicing
Understanding the Key Stages of Efficient Loan Boarding in Private Mortgage Servicing Understanding the Key Stages of Efficient Loan Boarding in Private Mortgage Servicing In the intricate world of private mortgage servicing, the initial impression is often the most lasting. It begins not with [...]
8 Due-on-Sale Risks Every Wrap Mortgage Participant Must Understand
Due-on-sale clauses can unravel a wrap mortgage overnight. Here are 8 specific risks lenders, sellers, and servicers face—and what professional servicing does about them.
Hidden Liens: A Private Lender’s Guide to Investment Protection
Hidden Liens and Title Troubles: A Lender's Guide to Avoiding Nasty Surprises Hidden Liens and Title Troubles: A Lender's Guide to Avoiding Nasty Surprises In the dynamic world of private mortgage lending, the promise of significant returns often overshadows the potential for unforeseen pitfalls. [...]