Florida’s First Federal Bank Purchases NOLA Lending Group
First Federal Bank's acquisition of NOLA Lending Group is expected to maintain the majority of its workforce, signaling stability in operations and service delivery.
**Precision Comping: The Private Lender’s Key to Slashed NPLs and Higher Profits**
How a Private Lender Reversed Losses by Implementing Precision Comping Strategies Client Overview Horizon Lending Group, a prominent private lender based in the Southwestern United States, specialized in providing short-term, real estate-backed loans to experienced investors and developers. Their portfolio primarily consisted of bridge [...]
First Federal Bank Purchases Fidelity Bank’s Mortgage Division
First Federal Bank has acquired the mortgage assets of Fidelity Bank’s NOLA Lending Group, enhancing its retail presence in Louisiana, Florida, and Mississippi.
AI Integration in Note Servicing: Best Practices for Compliance & Efficiency
Best Practices for Integrating AI Tools into Existing Note Servicing Systems In the dynamic world of private mortgage servicing, the pursuit of efficiency, accuracy, and compliance is never-ending. As technology advances, Artificial Intelligence (AI) presents a transformative opportunity, yet the thought of integrating sophisticated [...]
Revolutionizing Private Lender Due Diligence with Virtual Data Rooms
How a Virtual Data Room Enhances Private Lender Due Diligence in Mortgage Servicing How a Virtual Data Room Enhances Private Lender Due Diligence in Mortgage Servicing In the dynamic world of private mortgage lending, making informed decisions is paramount. Private lenders, often operating with [...]
Operationalizing TILA/RESPA for Profitable Private Seller Financing
Navigating TILA/RESPA in Seller Financing: A Deep Dive for Private Mortgage Servicers In the dynamic world of real estate and finance, seller financing has experienced a powerful resurgence, becoming an increasingly vital tool for facilitating property transactions outside traditional lending channels. For private mortgage [...]
Mastering Loan Workouts: Navigating Distressed Private Mortgages with Strategic Servicing
Mastering Loan Workouts: Navigating Distressed Private Mortgages with Strategic Servicing Mastering Loan Workouts: Navigating Distressed Private Mortgages with Strategic Servicing In the dynamic world of private mortgage investing, opportunities abound for significant returns. Yet, even the most meticulously underwritten loans can encounter turbulence. Life [...]
The Realtor’s Blueprint for Profitable, Painless, and Compliant Seller Carryback Deals
How to Structure a Profitable Seller Carryback Deal: A Step-by-Step Guide for Realtors Seller carryback deals offer powerful advantages for both buyers and sellers, often facilitating transactions that traditional financing can't. For realtors, understanding how to structure these private mortgages not only expands your [...]
Tech-Driven Transformation of Private Mortgage Underwriting and Risk Assessment
The Digital Renaissance of Private Mortgage Underwriting: Tech Innovations Reshaping Risk Assessment The Digital Renaissance of Private Mortgage Underwriting: Tech Innovations Reshaping Risk Assessment In the dynamic world of private mortgage servicing, where precision and efficiency are paramount, the foundational process of underwriting has [...]
Realtor’s Blueprint for Profitable, Stress-Free Seller Carryback Deals
How to Structure a Profitable Seller Carryback Deal: A Step-by-Step Guide for Realtors Seller carryback deals offer realtors a powerful tool to close sales, especially in challenging markets, by providing flexible financing solutions. For sellers, they can mean a faster sale, a higher price, [...]