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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.

ABS appoints Jasen Portero as Chief Operations Officer

By |2020-05-05T19:46:25+00:00May 5th, 2020|News Story|0 Comments

LONG BEACH, Calif., May 5, 2020 - Applied Business Software, Inc., (“ABS”), leader in loan servicing and origination software in the private lending space, announced today that Jasen Portero, its current Vice President of Development for the last 12 years, has been appointed Chief Operations Officer. As a Full Stack Developer, Jasen oversees the Development [...]

By |2020-05-05T19:46:25+00:00May 5th, 2020|News Story|0 Comments

American Association of Private Lenders Announces First Online Course

By |2020-04-15T17:15:40+00:00April 15th, 2020|News Story|0 Comments

Kansas City, Missouri - April 15, 2020 – The American Association of Private Lenders (AAPL) is excited to announce the launch of its first-ever online designation course, Certified Fund Manager. AAPL designation courses prior to the launch have only been available as in-person courses alongside the association’s Annual Conference and select partner events. “Bringing CFM [...]

By |2020-04-15T17:15:40+00:00April 15th, 2020|News Story|0 Comments

Applied Business Software Announces Exponential Growth on its Services Department

By |2020-03-30T22:47:58+00:00March 30th, 2020|News Story|0 Comments

LONG BEACH, Calif., March 31, 2020 - Applied Business Software (“ABS”), is excited to announce record growth in the Services Department for the fiscal year 2019. In the 2019 fiscal year, ABS experienced a 38% growth in their newest service: printing, stamping and mailing of 1098 and 1099 tax forms. ABS is the only software [...]

By |2020-03-30T22:47:58+00:00March 30th, 2020|News Story|0 Comments

American Association of Private Lenders Announces 2nd Annual Day on the Hill

By |2020-03-03T20:32:47+00:00March 3rd, 2020|Event News, Legislation, News Story|0 Comments

Kansas City, Missouri - March 2, 2020 – The American Association of Private Lenders (AAPL) and Think Realty announced their second annual Day on the Hill, during which they will meet with the offices of senators and house representatives on the United States Senate Committee on Banking, Housing, and Urban Affairs; the United States [...]

By |2020-03-03T20:32:47+00:00March 3rd, 2020|Event News, Legislation, News Story|0 Comments

CIVIC Launches Military Appreciation Initiative

By |2020-02-26T15:43:32+00:00February 26th, 2020|News Story|0 Comments

Redondo Beach, CA, February 25, 2020 – Civic Financial Services is committed to supporting our nation’s injured veterans through Wounded Warrior Project® (WWP) and the nonprofit’s free programs and services. Additionally, the private money lender has launched its own Military Discount Program in support of active duty, veteran and retired military personnel. President of CIVIC, [...]

By |2020-02-26T15:43:32+00:00February 26th, 2020|News Story|0 Comments

Noble Capital Group Launches Exclusive Program for Private Lenders

By |2020-02-12T16:43:35+00:00February 12th, 2020|News Story|0 Comments

Private Lender Network to provide platform for private lending offices nationwide to scale AUSTIN, Texas, Feb. 12, 2020 – Noble Capital Group, an alternative investment financial firm focused on private lending and private equity, announced today the rollout of its nationwide lending initiative, the Private Lender Network (PLN), to finance real estate investment projects and [...]

By |2020-02-12T16:43:35+00:00February 12th, 2020|News Story|0 Comments

AAPL and Zelman & Associates Unveil First Industry Survey

By |2020-01-16T21:00:07+00:00January 16th, 2020|Market Trends, News Story|0 Comments

Kansas City, Missouri - January 16, 2020 – The American Association of Private Lenders (AAPL) and Wall Street housing research firm, Zelman & Associates, are partnering to launch the private lending industry’s first and only benchmark data survey. The quarterly survey – which opens for responses in April – will gather key data on [...]

By |2020-01-16T21:00:07+00:00January 16th, 2020|Market Trends, News Story|0 Comments

American Association of Private Lenders Announces New Ownership

By |2020-01-13T16:00:12+00:00November 11th, 2019|News Story|0 Comments

Kansas City, Missouri – November 8, 2019 - As of November 5, 2019 ownership of the American Association of Private Lenders (AAPL) was transferred to a new majority owner, Eddie Wilson. Anthony Geraci of Geraci LLP retains a minority ownership stake. Wilson joined the association as chairman and CEO in 2015 and will continue to [...]

By |2020-01-13T16:00:12+00:00November 11th, 2019|News Story|0 Comments

CIVIC FINANCIAL SERVICES SURPASSES $3 BILLION IN FUNDING

By |2019-10-17T16:47:54+00:00October 17th, 2019|News Story|0 Comments

Institutional private money lender announces funding milestone Redondo Beach, CA,       – Civic Financial Services proudly announced today it has surpassed $3 billion in historical loan funding volume to date. The institutional private money lender has reached this achievement on the heels of celebrating its fifth anniversary. Founded in 2014, the company has grown exponentially during [...]

By |2019-10-17T16:47:54+00:00October 17th, 2019|News Story|0 Comments

CoreVest American Finance announces acquisition by Redwood Trust

By |2019-10-16T13:59:49+00:00October 16th, 2019|News Story|0 Comments

NEW YORK, NY and Irvine, Ca.—October 16, 2019— CoreVest American Finance, LLC (“CoreVest”) has announced that Redwood Trust, Inc. (NYSE: RWT) has purchased CoreVest American Finance Lender LLC, a leading nationwide originator and portfolio manager of business-purpose residential loans (BPLs), and several of its affiliates (“CoreVest”), from certain affiliates of Fortress Investment Group’s credit funds [...]

By |2019-10-16T13:59:49+00:00October 16th, 2019|News Story|0 Comments

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