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.
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 [...]
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 [...]
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 [...]
Protecting Your Seller Financing Assets in a Market Downturn
Preparing for a Market Downturn: Protecting Your Seller Financing Assets Preparing for a Market Downturn: Protecting Your Seller Financing Assets The economic landscape is a dynamic entity, characterized by its inherent cycles of expansion and contraction. While periods of growth bring prosperity, savvy lenders, [...]
Private Lenders: Urgent SOP Adaptation for State Servicing Compliance
New State-Level Servicing Regulations Spark Urgent Need for Adaptable SOPs Among Private Lenders The landscape of mortgage servicing is undergoing a significant transformation, with a new wave of state-level regulations emerging that directly impacts private mortgage lenders, brokers, and investors. This evolving regulatory environment [...]
States contest buyer agreements amid new laws challenging NAR regulations.
Mississippi and Alabama laws permit buyer tours without signed agreements, creating tensions with NAR settlement as other states consider similar legislation.
Waterstone Mortgage Partners with Friday Harbor AI to Enhance Underwriting Capacity
Waterstone Mortgage leverages Friday Harbor’s AI platform to enhance file quality, streamline conditions, and increase underwriting capacity for efficiency.