Federal mortgage regulations apply to seller financiers—not just banks. These seven misconceptions leave private lenders exposed to civil liability, statutory damages, and loan unenforceability. Learn where the compliance gaps are and how professional note servicing closes them.
TILA and RESPA apply to seller-financed private mortgage notes the moment you extend credit secured by real estate. Private note holders who ignore federal disclosure and servicing rules face statutory damages, borrower lawsuits, and loan rescission. Professional servicing eliminates that exposure from day one.
Zillow launches a fresh marketing campaign aimed at enhancing brand visibility in the competitive real estate market, promising innovative strategies for engagement.
Many Gen Xers lack formal financial plans, with 40% having no written strategy. Among those with plans, half developed them independently, indicating a gap in financial guidance.
FHA-insured HECM program shows positive growth, with insurance-in-force at $64 billion and a robust capital ratio of 24.06%, indicating market stability.
As affordability challenges persist in the mortgage industry, lenders, policymakers, and consumers engage in critical discussions on effective solutions.
Discover the new 55+ community in Central Oregon, with residences starting in the low $400,000s, offering potential growth for private lenders.
Better has renewed its $175M warehouse credit, reducing equity requirements and aiming for $1B in monthly originations, enhancing operational capacity for growth.
"Illinois home sales see a 4.2% increase, highlighting a positive trend in the real estate market that may interest private lenders. Explore further."
Late-stage delinquencies rose by 30,000, marking a three-year high. Explore the implications for private lenders and the overall mortgage landscape.
