Erik Morin Discusses HECM Second Appraisals and AIM-Port Acquisition at Atlas VMS
HECM loans requiring second appraisals decreased to 8.3% in Q1, easing costs and timeline pressures for private lenders compared to the previous quarter.
California MBA Supports $100 Million Fund for Wildfire Recovery Efforts
Proposed funding aims to enhance construction financing access for homeowners impacted by Southern California wildfires, addressing gaps between insurance and rebuilding costs.
Warsh’s Dove Disposition Fades as Waller Adopts a Hawkish Stance
10-year yield rises to 4.58% as Christopher Waller warns of ongoing supply disruptions, signaling potential implications for private lenders in the mortgage market.
Is a new portal model emerging for listing inventory?
Google's pilot program is now active in eight markets, directing listing leads through ComeHome, prompting concerns about broker data usage and potential fee structures.
New York’s Housing Inventory Grows While Sales Continue to Decline
Median sales prices rose by 2.4%, indicating a shift in market trends. Explore New York's expanding housing inventory and declining sales in detail.
Navy Veteran Creates ‘Harvard-Style’ Network for Military Buyers and Agents
"Explore initiatives aimed at enhancing financial stability for military families during pivotal life events, focusing on better mortgage solutions and support."
What Is a Loan Modification on a Private Mortgage Note?
A loan modification on a private mortgage note is a formal, written change to the original loan terms. The lender and borrower agree to new conditions — adjusted payment schedule, reduced principal, or revised interest rate — and the servicer documents and administers those [...]
Private Lenders Who Self-Serve Their Notes Are Taking a Risk They Don’t See Coming
Private Lenders Who Self-Serve Their Notes Are Taking a Risk They Don't See Coming — a guide for private lenders navigating private mortgage note servicing.
Private Mortgage Note Servicing: Frequently Asked Questions
Private Mortgage Note Servicing: Frequently Asked Questions — a guide for private lenders navigating private mortgage note servicing.
What Is Loan Boarding? How Private Notes Enter a Servicing System
What Is Loan Boarding? How Private Notes Enter a Servicing System — a guide for private lenders navigating private mortgage note servicing.