Two Harbors Ends UWM Agreement, Approves Cash Bid from CCM
Two Harbors concludes its merger with UWM, finalizing a $10.80 per share cash sale to CrossCountry, alongside a $25.4 million termination fee.
Bill Pulte files criminal referrals against Letitia James.
FHFA Director Bill Pulte has filed DOJ referrals alleging insurance fraud by NY AG Letitia James involving properties in Florida and Illinois, raising concerns in the industry.
Building Profits: Proactive Risk Management for Construction Loans
How Proactive Risk Management Can Transform Your Construction Loan Profits The world of private mortgage lending offers incredible opportunities, but few avenues present both the potential for significant returns and the unique challenges quite like construction loans. Unlike a traditional mortgage on an existing [...]
Protecting Your Seller-Financed Investment from Property Tax Delinquencies
How to Identify and Rectify Property Tax Delinquencies in Seller-Financed Homes How to Identify and Rectify Property Tax Delinquencies in Seller-Financed Homes In the dynamic world of real estate, seller financing offers a unique path for both buyers and sellers, often bridging gaps that [...]
Essential Clauses for Ironclad Private Construction Loan Agreements
Building a Robust Construction Loan Agreement: Key Clauses to Include Building a Robust Construction Loan Agreement: Key Clauses to Include In the dynamic world of private mortgage servicing, construction loans represent a unique blend of opportunity and risk. Unlike traditional mortgages secured by an [...]
Valuing Distressed Seller-Financed Notes: Strategies for Maximizing Recovery
Practical Tips for Valuing Distressed Seller-Financed Notes In the dynamic world of private mortgage servicing, opportunities often arise from challenges. One such area is the intricate art of valuing distressed seller-financed notes. These notes, born from direct agreements between a property seller and buyer, [...]
State Servicing Regulations: Private Lenders Must Adapt SOPs for Compliance & Profitability
New State-Level Servicing Regulations Spark Urgent Need for Adaptable SOPs Among Private Lenders The landscape of mortgage servicing is undergoing a profound transformation, with a burgeoning trend of states enacting increasingly complex and varied regulations. This development poses a significant challenge for private mortgage [...]
How Brokers Present Low-Risk Construction Loans to Private Lenders
A Broker's Guide to Presenting Low-Risk Construction Loan Deals to Private Lenders A Broker's Guide to Presenting Low-Risk Construction Loan Deals to Private Lenders In the dynamic world of private mortgage lending, construction loans often carry a perception of higher risk. Yet, for the [...]
Marshalling of Assets: Your Essential Guide to Navigating Lien Priority in Private Mortgage Investing
Understanding 'Marshalling of Assets' in Lien Priority Cases In the dynamic world of private mortgage servicing, understanding the intricate dance of lien priorities is paramount. For lenders, brokers, and investors, a clear grasp of who gets paid when and from which assets can be [...]
Title Insurance: Your Indispensable Shield for Seller Financing Investments
Using Title Insurance to Shield Against Seller Financing Pitfalls Seller financing, a dynamic and increasingly popular strategy in the real estate market, offers a flexible alternative to traditional mortgage lending. For private lenders, brokers, and investors in the note space, it presents unique opportunities [...]