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Secure Financial Relief Through Refinancing: Experienced Private Mortgage Loan Servicing Company Explains Benefits For Homeowners & COVID-19 Impact

2023-01-27T14:13:27-08:00private money loan servicing, private mortgage loan servicing companies|

As a private mortgage loan servicing company, we have seen an increase in activity since the start of the Covid-19 pandemic. The most common reason for this increase is that homeowners are worried about their ability to make their mortgage payments and are looking for ways to lower their payments. There are a few options available to homeowners, but the most popular option is to refinance their mortgage. This option allows homeowners to get a new loan with a lower interest rate and lower monthly payments. Homeowners who are worried about their ability to make their mortgage payments should contact their loan servicing company to discuss their options.

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Exploring the Opportunities and Risks of Fractionalization for Private Lenders

2023-01-27T14:11:45-08:00loan servicing for private money lenders, private lender servicing|

In mortgage servicing, the term "fractionalization" refers to the splitting of a single loan into multiple loans, each of which is then sold to a different investor. This practice can create opportunities for servicers, but it also poses some risks. Fractionalization can be used to create custom loan portfolios that meet the specific needs of investors. For example, an investor who is looking for a higher return on investment may be willing to accept a higher interest rate, while an investor who is more risk-averse may be willing to accept a lower interest rate. However, fractionalization can also lead to problems if not done carefully. For example, if the different loans are not properly monitored, it can be difficult to identify and correct issues if they arise. Additionally, if the loans are not properly diversified, the failure of one loan could have a ripple effect and lead to the failure of other loans in the portfolio. As a result, it is important for servicers to carefully consider the risks and opportunities associated with fractionalization before implementing this strategy.

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Become Informed about Private Loan Clauses & What They Mean for Borrowers – Thomas Standen Sr.

2023-01-27T14:09:11-08:00private mortgage loan servicing companies|

As a private mortgage loan servicing company, we're always on the lookout for clauses that could clobber our clients. This article by Thomas Standen Sr. highlights some of the clauses that could trip up borrowers, and we wanted to share it with our clients to help them avoid any potential pitfalls. Standen starts off by discussing the "due-on-sale" clause, which could be used to call in a loan if the property is sold. He then moves on to discuss hidden fees, pre-payment penalties, and other clauses that could be used to trap unwary borrowers. We agree with Standen that it's important for borrowers to be aware of these clauses and to understand how they could be used against them. We'll continue to keep an eye out for any changes or updates to these clauses, and we'll make sure our clients are always well-informed.

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Discover How a Mortgage Loan Servicing Company is Helping Private Lenders

2023-01-27T14:08:03-08:00private lender loan servicing, private mortgage loan servicing|

A mortgage loan servicing company is a company that services mortgage loans. They are responsible for the day-to-day servicing of the loan, including collecting payments, managing the escrow account, and providing customer service. Servicing companies also handle the billing and payment processing for the lender.

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