Equifax and Experian Lower VantageScore 4.0 Cost to 99 Cents Each
Equifax and Experian have lowered the cost of VantageScore 4.0 to 99 cents per mortgage origination score, a move that could benefit private lenders.
View Homes Appoints Natasha Gandhi as CEO to Propel Growth Forward
View Homes appoints Natasha Gandhi as CEO post-acquisition by Hunt Companies, marking a strategic growth phase that unites regional homebuilding and patient capital.
Existing-home sales rise as spring market challenges emerge.
Total inventory increased to 1.29 million units, reflecting a 2.4% rise from January and a 4.9% year-over-year gain, indicating market shifts for private lenders.
Banks Rapidly Adopt AI Yet Struggle with Strategy and Governance
A recent survey reveals that while 61% of institutions are exploring AI, only 12.2% have a strategy in place, highlighting a gap in data readiness and resourcing.
Interest Reserves: Your Cash Flow Lifeline for Land Development Loans
An interest reserve is a pre-funded portion of a private mortgage note that covers interest payments while land development produces no revenue. Learn how reserves protect developer cash flow, keep notes performing for lenders and investors, and what servicers must do to administer them correctly.
$250K Saved: A Private Lender’s SAFE Act Compliance Story
A private lending firm specializing in residential fix-and-flip and bridge loans discovered serious SAFE Act compliance exposure across multiple states. By transferring loan servicing to Note Servicing Center, the firm eliminated the compliance gap, avoided regulatory penalties, and restored the operational focus required to grow origination volume and attract institutional capital.
Dynamic SOPs: Essential for Compliance and Success in Private Mortgage Servicing
The Lifespan of an SOP: When and How to Update Your Procedures The Lifespan of an SOP: When and How to Update Your Procedures In the intricate world of private mortgage servicing, Standard Operating Procedures (SOPs) are far more than mere documents; they are [...]
Private Lenders: Avoid $250K SAFE Act Fines with Proactive Compliance Outsourcing
Private lenders who originate or service loans secured by residential real estate face SAFE Act licensing and NMLS reporting mandates that regulators enforce with severe daily fines, cease-and-desist orders, and license revocations. Outsourcing loan servicing to a compliant third-party servicer eliminates this exposure.
Mattamy Homes Purchases 76 Acres in South Carolina for Development
Mattamy Homes secures a 76-acre site in South Carolina for a new community, signaling growth opportunities in private lending and real estate development.
SOP-Friendly Servicing Software: What It Is and Why Your Private Mortgage Business Needs It
Servicing software that stores your SOPs is not the same as software that enforces them. Here is what truly SOP-friendly private mortgage servicing platforms do differently - and what it means for your operation's compliance posture and scalability.