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
Distressed seller-financed notes demand a forensic valuation approach built around net collateral recovery, not face value. This guide covers the three core methodologies—income, asset-based, and cost-to-cure—along with the documentation audit, borrower analysis, and legal factors that determine what a distressed private mortgage note is actually worth.
State Servicing Regulations: Private Lenders Must Adapt SOPs for Compliance & Profitability
State mortgage servicing regulations vary sharply by jurisdiction. Private lenders without state-specific SOPs face license suspensions, secondary market rejection, and regulatory fines. This guide covers how to build modular, state-compliant procedures and when third-party servicing is the right answer.
Marshalling of Assets: Your Essential Guide to Navigating Lien Priority in Private Mortgage Investing
Marshalling of assets compels a senior creditor with claims against multiple properties to satisfy its debt from assets unavailable to junior creditors first. For private mortgage investors holding junior liens, this equitable doctrine is a critical recovery tool—but only when identified and pursued before the foreclosure sale concludes.
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.