Federal Judge Dismisses Mortgage Fraud Charges Against NY AG Letitia James
Federal judge dismisses charges against New York AG Letitia James, citing issues with the prosecutor's appointment, impacting ongoing legal matters and implications.
MBA Chief Seeks Federal Investigation into Rising Costs of Credit Reporting Products
Mortgage Bankers Association's CEO urges investigation into escalating credit report prices, highlighting concerns for lenders facing rising costs.
Proposal for 50-Year Mortgages May Transform U.S. Housing Expenses
Proposed 50-year mortgages could lower monthly payments for buyers, but may increase overall interest and limit home equity, facing potential legal challenges ahead.
Private Mortgage Workouts: Mastering Legal Compliance with Outsourced Servicing
# Legal & Compliance Aspects of Private Mortgage Workouts In the ever-evolving landscape of private mortgage lending, one truth remains constant: volatility is a given. Market fluctuations, economic shifts, and personal circumstances can lead even the most meticulously underwritten loans into distress. For [mortgage [...]
Private Mortgage Workouts: Navigating Legal Compliance & Maximizing Efficiency
Legal & Compliance Aspects of Private Mortgage Workouts As a private mortgage lender, broker, or investor, you understand the immense value of your portfolio. But what happens when a borrower hits a rough patch? The prospect of a loan default or, worse, foreclosure, can [...]
Private Loan Risk Management: Essential Strategies for Optimal Servicing
# Mitigation Strategies & Best Practices for Private Loan Risk Private lending offers incredible opportunities for growth and profitability, but it’s not without its complexities. For mortgage lenders, brokers, and investors, the shadow of **Risk Stacking** looms large. This isn't just an abstract concept; [...]
Zillow Analysis Suggests Private Listings May Exacerbate Racial Disparities
Discover how private home listings differ in predominantly white versus minority areas, highlighting potential implications for racial equity in real estate.
Ontario Households Allocate Over 50% of After-Tax Income to Mortgages
Housing affordability perceptions outside the GTA are misleading, with many Ontario households allocating over 50% of income to mortgage payments.
NAR’s MLS Rule Revision Raises Antitrust Law Violation Allegations
NAR's updated MLS policy grants local membership discretion, raising antitrust concerns as noted by Hardy plaintiffs, signaling shifts in industry practices.
Securing Private Mortgages: Navigating Legal & Compliance in Workouts with Expert Servicing
Legal & Compliance Aspects of Private Mortgage Workouts In the dynamic world of private mortgage lending, the ability to navigate challenges effectively can be the difference between a thriving portfolio and a troubled one. For many mortgage lenders, brokers, and investors, the daily grind [...]