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Follow today’s top stories and exclusive headlines for U.S. private real estate lending and members of the American Association of Private Lenders.

PRIVATE MONEY LENDER ANNOUNCES $108 MILLION SINGLE-MONTH FUNDING

By |2019-05-29T20:40:12+00:00May 29th, 2019|News Story|0 Comments

Civic Financial Services achieves mortgage milestone in private money space Redondo Beach, CA, May 28, 2019 – Civic Financial Services reached a mortgage milestone in the private lending arena, funding over $108 million in the month of April. “Funding this level of volume in one month is quite an accomplishment, and even mightier when you [...]

By |2019-05-29T20:40:12+00:00May 29th, 2019|News Story|0 Comments

Angel Oak Mortgage Solutions Expands Correspondent Lending Unit, Welcomes Four New Executives

By |2019-05-14T14:16:04+00:00May 14th, 2019|Editorial, News Story|0 Comments

ATLANTA (May 13, 2019) – Angel Oak Mortgage Solutions, LLC is enhancing its correspondent lending channel with new technology, infrastructure and high-level talent that reflect the stunning growth in the non-qualified mortgage marketplace. The company has officially branded this channel as Angel Oak Correspondent to solidify its position in the correspondent lending space. The enhanced [...]

By |2019-05-14T14:16:04+00:00May 14th, 2019|Editorial, News Story|0 Comments

Sharestates Wins Top Real Estate Award

By |2019-04-10T18:17:08+00:00April 10th, 2019|Crowdfunding/Fintech, Event News, News Story|0 Comments

Sharestates, a marketplace lending platform that connects real estate developers with investors, was crowned Top Real Estate Platform at LendIt Fintech USA 2019 in San Francisco, California on April 9, 2019. The Top Real Estate Platform award is based on performance, volume, growth, product diversity, and responsiveness to stakeholders. Over the past five years, Sharestates has become a leading real estate platform [...]

By |2019-04-10T18:17:08+00:00April 10th, 2019|Crowdfunding/Fintech, Event News, News Story|0 Comments

AAPL Opposes Florida Senate Bill 1730

By |2019-04-03T18:30:18+00:00April 3rd, 2019|Legislation, News Story|0 Comments

Florida legislators have introduced the same mortgage licensing language from Senate Bill 1632 into an affordable housing bill, SB 1730. Senator Taddeo, SB 1632’s bill sponsor, requested a temporary postponement of SB 1632 due the presence of the same language in SB 1730. Senator Taddeo made the postponement request during the Senate Committee on Banking [...]

By |2019-04-03T18:30:18+00:00April 3rd, 2019|Legislation, News Story|0 Comments

Legislative Alert: Florida Senate Bill 1632 Scheduled for Review

By |2019-03-29T15:08:59+00:00March 29th, 2019|Legislation, News Story|0 Comments

The Florida Senate Banking and Insurance Committee is now scheduled to review SB 1632. You can attend the 4 p.m. EST Committee Meeting on 4/1/2019 to show your opposition in person. More details on how to do this below. Review Date: Monday, April 1 Time: 4-6 p.m. Location: Pat Thomas Committee Room, 412 Knott Building [...]

By |2019-03-29T15:08:59+00:00March 29th, 2019|Legislation, News Story|0 Comments

AAPL Opposes Florida’s Re-Attempt to Regulate Private Lending

By |2019-03-29T13:35:55+00:00March 18th, 2019|Legislation, News Story|0 Comments

Current bill aims to remove the long-standing business purpose exception from mortgage lender licensing In 2008, the United States Congress passed the Safe and Fair Enforcement for Mortgage Licensing Act (SAFE Act), which required all state regulators to regulate mortgage loan originators who originated consumer loans secured by 1-4-unit residential properties (“Dwellings”). The states were [...]

By |2019-03-29T13:35:55+00:00March 18th, 2019|Legislation, News Story|0 Comments

American Association of Private Lenders Unveils Government Relations Committee

By |2019-03-06T16:20:35+00:00March 4th, 2019|Loan Servicing, News Story|0 Comments

American Association of Private Lenders announced the members of its inaugural Government Relations Committee (GRC.) The committee serves as the association’s implementation arm for its advocacy goals. “Now is the time to enter the legislative advocacy arena,” said Linda Hyde, AAPL managing director. “Our industry has grown to a point that we can no longer [...]

By |2019-03-06T16:20:35+00:00March 4th, 2019|Loan Servicing, News Story|0 Comments

American Association of Private Lenders Convened on Capitol Hill

By |2019-03-01T21:14:58+00:00March 1st, 2019|Legislation, News Story|0 Comments

Senate Meetings a Vital Step for Private Lender Advocacy The American Association of Private Lenders (AAPL) met with the offices of several senators on the United States Senate Committee on Banking, Housing and Urban Affairs; and the Senate Committee on Finance, Thurs., Feb 21, 2019. The delegation of real estate private lenders and AAPL staff [...]

By |2019-03-01T21:14:58+00:00March 1st, 2019|Legislation, News Story|0 Comments

CoreVest Partners with Recon Realty

By |2019-02-28T17:27:53+00:00February 28th, 2019|News Story|0 Comments

CoreVest and Recon Realty partnership empowers Veterans to launch, grow and scale their real estate investment businesses while addressing the affordable housing crisis CoreVest has announced a partnership with Recon Realty, a public benefit corporation, to encourage veterans to further participate in the investment property business by providing them the tools, education and financial capability to [...]

By |2019-02-28T17:27:53+00:00February 28th, 2019|News Story|0 Comments

PeerStreet Named Among 2019 Best Places to Work in Financial Technology By Source Media

By |2019-03-06T16:26:20+00:00February 27th, 2019|Crowdfunding/Fintech, News Story|0 Comments

The recognition follows a series of industry award wins for innovation and corporate culture   PeerStreet, a marketplace for investing in real estate backed loans, was recently named as one of the 2019 Best Places to Work in Financial Technology. The awards program was created in 2017 and is a project of SourceMedia and Best [...]

By |2019-03-06T16:26:20+00:00February 27th, 2019|Crowdfunding/Fintech, News Story|0 Comments

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