Housing Demand Remains Strong Amidst Severe Snowstorm Conditions
Positive housing data persists amid severe weather and Federal Reserve updates, with mortgage rates around 6% and purchase applications up 18% year-over-year.
Master Market Shifts with Expert Private Mortgage Servicing
How Market Shifts Impact Private Lending in Private Mortgage Servicing: Navigating Volatility with Precision Private lenders: Master market shifts with expert private mortgage servicing. Enhance compliance, operational efficiency & profitability. Protect your portfolio. The world of private lending is a dynamic ecosystem, perpetually sensitive [...]
Compliant Digital Notice Delivery: A Private Lender’s Essential Guide
```html Digital Notice Delivery: Legality and Best Practices for Private Lenders Digital Notice Delivery: Legality and Best Practices for Private Lenders In the fast-evolving landscape of private mortgage servicing, the push for efficiency and modernization is constant. We’re all looking for ways to streamline [...]
Private Mortgage Tax Compliance: Essential IRS Forms & Key Terminology
Key IRS Forms & Tax Terminology for Private Mortgages Glossary Navigating the tax landscape for private mortgages requires a clear understanding of specific IRS forms and terminology. This glossary is designed to provide mortgage lenders, brokers, and investors with plain-English definitions and context for [...]
Unmasking the Real Cost of Funds: A Private Lender’s Guide to True Profitability
What is Your Real Cost of Funds? A Critical Private Lender Metric What is Your Real Cost of Funds? A Critical Private Lender Metric In the dynamic world of private mortgage lending, success hinges on a keen understanding of financial metrics. While interest rates, [...]
The 4-Step Guide to TILA/RESPA Exemption for Seller-Financed Deals
How to Accurately Determine if Your Seller-Financed Deal is TILA/RESPA Exempt in 4 Steps Navigating the complexities of federal regulations like the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) can be daunting for private mortgage servicers and note [...]
Private Mortgage Taxes: Key IRS Forms and Terminology
Key IRS Forms & Tax Terminology for Private Mortgages Glossary Key IRS Forms & Tax Terminology for Private Mortgages Form 1098 (Mortgage Interest Statement) This IRS form is essential for reporting mortgage interest of $600 or more received from a borrower during the tax [...]
The Definitive Guide to Private Mortgage Notes: Seller Financing, Investing, & Professional Servicing
Seller Carryback (or Seller Financing) Seller carryback, also known as seller financing, occurs when the seller of a property acts as the bank, providing a loan to the buyer to facilitate the purchase. Instead of the buyer obtaining a traditional mortgage from an institutional [...]
IRS Tax Essentials for Private Mortgages: Forms & Terminology Explained
Key IRS Forms & Tax Terminology for Private Mortgages Glossary Key IRS Forms & Tax Terminology for Private Mortgages Glossary Navigating the tax landscape for private mortgages can be complex, but understanding key IRS forms and terminology is essential for lenders, brokers, and investors. [...]
TILA/RESPA Exemption: Your 4-Step Guide to Seller Financing Compliance
How to Accurately Determine if Your Seller-Financed Deal is TILA/RESPA Exempt in 4 Steps Navigating the complexities of federal regulations like the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) can be a daunting task for private mortgage servicers [...]