Seven operational, regulatory, and financial red flags signal dangerous risk stacking in a private mortgage note portfolio. Fragmented data, informal collections, outdated documentation, absent escrow oversight, manual processes, insufficient regulatory monitoring, and no business continuity plan each create individual vulnerabilities — and compound into portfolio-level crises when they coexist.
REX has filed a petition with the Supreme Court seeking a review of the denial of its certiorari writ, potentially impacting private lending practices.
NAR’s Delegate Body has rejected an amendment for Realtors to disclose referral fees, impacting transparency and ethical practices in the real estate market.
Mortgage loan defects increased for the second consecutive quarter, primarily due to cash-out refinances and rising eligibility challenges for borrowers.
PulteGroup enhances its Ohio footprint by entering the Cincinnati market, potentially increasing opportunities for private lenders in the region. Read more.
Adriana Kugler's financial transactions, including stock purchases, breached Federal ethics guidelines, prompting her resignation and raising ethical questions in finance.
Discover how The Builders Alliance, comprising 10 homebuilders, enhances project efficiency for LA wildfire survivors with a new rebuilding portal.
Weekly pending home sales increased by 15.36% year over year, with purchase applications up 31%, driven by mortgage rates under 6.64%.
First American's Odeta Kushi predicts mortgage rates stabilizing in the low-6% range, while additional factors are anticipated to enhance affordability.
Hard money loan servicing carries costs that don't appear on the term sheet. Payment processing overhead, regulatory exposure, escrow mismanagement, default timeline drag, and exit illiquidity each erode effective yield in ways the interest rate never captures. This guide breaks down all seven.
