The roots of private lending date back thousands of years to Ancient Rome, when wealthy landowners and feudal lords used their land and property to obtain collateralized loans. Fast forward to modern times. Private lending has really come into its own since the economic crisis of 2008. Following the Great Recession and the ensuing heightened […]
How many times have you seen an ad about loans provided to foreign nationals but once you call, the answer you receive only causes more confusion? There is a very simple way to correct the confusion. We need to understand how to distinguish between two different types of foreign nationals who acquire properties in the […]
Anyone Can Claim to be a Leader, but the Key Question is: Will Your Team – and Success for your Business – Follow?
Good leadership is like the light, permeating into every aspect of the business; and poor leadership is like the shadow, darkening many areas of the organization. What is the cause and effect of […]
Private Lenders Need to Be Aware of How the Fair Housing Act Can Impact Their Success.
The Fair Housing Act was designed to protect against discrimination and unfair practices in the process of purchasing residential real estate, including applying for and acquiring a reasonable loan. For private lenders, it’s essential to understand how the Fair Housing […]
Deeper Meaning: Today’s Concept of Fair Housing Goes Beyond Title VIII of the Civil Rights Act of 1968.
The Fair Housing Act (Title VIII of the Civil Rights Act of 1968) originally introduced meaningful federal enforcement of laws guaranteeing that no person could be denied the ability to buy or rent a dwelling because of race, color, religion, sex, familial status or national origin.
Now the concept of fair housing has even broader reach, […]
January 2017: Fannie Mae announces it will back $1 billion in debt collateralized by single-family rental homes owned by Blackstone.
Whether you are a private lender, new or seasoned real estate operator, or real estate agent, this is important news. The government has rubber-stamped that we are becoming more of a rental nation.
How can we […]
The mortgage industry is anticipating significant changes when it implements the Consumer Financial Protection Bureau’s 2016 Servicing Rule, but determining how those changes will affect operations will have to wait until the rule is fully implemented.
The CFPB will not allow early compliance with the new regulations, which leaves the mortgage servicing industry left questioning how […]
In historic fashion, investing opportunities for ordinary Americans took on new meaning in the spring of 2016 when equity crowdfunding rules from the Securities and Exchange Commission took effect.
Besides opening up a whole new world to non-accredited investors, Title III of the Jumpstart Our Business Startups (JOBS) Act (Regulation CF) expanded options for entrepreneurs to […]
The private lending landscape is coming into its own as a popular alternative to loans from banks and other traditional lenders who follow strict regulations for borrowers and loan qualifications. Private lenders are tasked with the challenge of determining their own regulations for borrowers and loan terms.
At the onset of 2017, many online real-estate based […]
Regulation A was established by the Securities Act of 1933, but its restrictive $5 million offering limit, coupled with exorbitant compliance prices, made this exemption financially impracticable for a significant portion of capital-seeking corporations. However, new alterations have increased the viability of Regulation A by increasing the offering limit and implementing additional changes that make […]