A 50-Year Mortgage May Result in Doubling Your Interest Costs
Trump's 50-year mortgage proposal may face challenges due to elevated interest rates and existing regulatory constraints from Dodd-Frank legislation.
Zillow sued for alleged illegal kickbacks in the mortgage industry.
Zillow faces a lawsuit for allegedly using illegal kickbacks to direct buyers toward Zillow Home Loans, raising concerns over RESPA and consumer protection compliance.
Unlock Tax Advantages: Strategically Selling Private Mortgage Notes
When to Consider a Note Sale for Tax Planning Purposes When to Consider a Note Sale for Tax Planning Purposes in Private Mortgage Servicing For individuals and entities involved in private mortgage notes, the annual tax season can often feel like a complex labyrinth. [...]
Mastering State-Specific Compliance for Seller-Financed Note Servicing
Navigating State-Specific Regulations for Seller-Financed Note Sales Navigating State-Specific Regulations for Seller-Financed Note Sales in Private Mortgage Servicing Seller-financed notes offer a flexible and often attractive alternative to traditional mortgages, enabling property transactions that might otherwise be out of reach for some buyers. For [...]
Drafting Bulletproof Promissory Notes for Hassle-Free Seller Carry Deals
How to Draft a Legally Sound Promissory Note for Your Seller Carry Deal Drafting a robust and legally sound promissory note is the cornerstone of any successful seller carry real estate transaction. For private mortgage servicing, this document is not merely a formality; it's [...]
A Comprehensive Guide to Selling Business Notes with Real Estate Collateral
The Ins and Outs of Selling a Business Note with Real Estate Collateral The Ins and Outs of Selling a Business Note with Real Estate Collateral In the dynamic world of private mortgage servicing, an interesting asset often takes center stage: the business note [...]
Accelerating Private Mortgage Asset Recovery with Deed in Lieu
From Default to Deal: Using Deed in Lieu for Faster Asset Recovery in Private Mortgage Servicing From Default to Deal: Using Deed in Lieu for Faster Asset Recovery in Private Mortgage Servicing In the dynamic world of private mortgage notes, the journey from a [...]
Drafting Bulletproof Promissory Notes for Secure Seller Carry Deals
How to Draft a Legally Sound Promissory Note for Your Seller Carry Deal For anyone involved in private mortgage servicing, a properly drafted promissory note is not just a piece of paper; it's the bedrock of a successful seller carry deal. It dictates the [...]
Appraisals: Lenders’ Essential Tool for Smart Short Sales
The Role of Appraisal in Determining Short Sale Viability for Lenders The Role of Appraisal in Determining Short Sale Viability for Lenders In the intricate world of private mortgage servicing, lenders often find themselves navigating challenging situations, none more delicate than a potential short [...]
Crafting an Ironclad Promissory Note for Your Seller Carry Deal
How to Draft a Legally Sound Promissory Note for Your Seller Carry Deal A properly drafted promissory note is the bedrock of any successful seller carry deal. For private mortgage servicing, it’s not just a piece of paper; it’s a detailed operational manual that [...]