News Archives

Jason Fritton assumes CEO Position at Patch of Land

By AAPL|2021-06-08T13:20:49-05:00November 3rd, 2017|News, Technology|0 Comments

Patch of Land, a leading online real estate lending marketplace engineered to help real estate investors build wealth and generate cash-flow, has announced that Paul Deitch, the company’s CEO since April 2016 will be stepping down for personal reasons. As a result, Jason Fritton, Co-Founder and Chairman of the Board, will return to the role [...]

By AAPL|2021-06-08T13:20:49-05:00November 3rd, 2017|News, Technology|0 Comments

LendingOne CEO Named Private Lender of The Year By Think Realty Honors

By AAPL|2021-06-08T13:51:46-05:00October 18th, 2017|News|0 Comments

LendingOne is pleased to announce that its Founder and CEO Bill Green has been named 2017 Think Realty Honors Private Lender of the Year. Mr. Green is being honored with this distinguished award for his great achievements as a leader in private lending as demonstrated through the course of his career and the continued growth [...]

By AAPL|2021-06-08T13:51:46-05:00October 18th, 2017|News|0 Comments

American Association of Private Lenders partners with Private Money Lending Guide

By AAPL|2017-10-17T21:24:07-05:00October 17th, 2017|News|0 Comments

American Association of Private Lenders (AAPL) has partnered with Private Money Lending Guide (PMLG). The partnership brings together an association that provides education, ethics and networking opportunities for private money lenders and a tool for deal-flow that enables borrowers and lenders to find the appropriate counterpart for their deals. The partnership will work to better [...]

By AAPL|2017-10-17T21:24:07-05:00October 17th, 2017|News|0 Comments

Wall Street Veteran Joins PeerStreet To Lead Capital Markets Team

By AAPL|2018-08-07T02:38:30-05:00October 17th, 2017|News|0 Comments

Louis Nees brings more than 30 years of experience to the growing fintech firm PeerStreet, an award-winning platform for investing in real estate backed loans, is excited to announce the appointment of Louis Nees as Head of Capital Markets. He will be based in the firm’s headquarters in Los Angeles, California. Louis Nees [...]

By AAPL|2018-08-07T02:38:30-05:00October 17th, 2017|News|0 Comments

Applied Business Software Announces HMDA Readiness for The Mortgage Office®

By AAPL|2018-08-07T02:38:30-05:00October 17th, 2017|News, Technology|0 Comments

Applied Business Software (“ABS”) announced the upcoming update to The Mortgage Office™ Loan Origination System (LOS) will be ready for the collection and reporting changes of the 2018 Home Mortgage Disclosure Act and Regulation C (HMDA). The upcoming enhancements will enable our users to easily collect and report the loan data as defined in HMDA [...]

By AAPL|2018-08-07T02:38:30-05:00October 17th, 2017|News, Technology|0 Comments

IRA-Eligible Loan Structures

By AAPL|2018-08-07T02:38:32-05:00October 4th, 2017|Editorial, Market, News|0 Comments

Make Your IRA Work for What is Best for You By Clay Malcolm When it comes to private lending, or any other investment opportunity, investors are beginning to understand a fundamental truth: If I can do it personally, my IRA, 401(k), or health savings account (HSA) can likely do it as well. With a few [...]

By AAPL|2018-08-07T02:38:32-05:00October 4th, 2017|Editorial, Market, News|0 Comments

CFPB Launches New Portal

By Bryan Redington|2018-08-07T02:38:33-05:00October 4th, 2017|Market, News|0 Comments

The Consumer Financial Protection Bureau (CFPB) unveiled its latest portal created to satisfy changes to the Home Mortgage Disclosure Act (HMDA). The agency gave the mortgage industry a first look at the gateway in August. The CFPB portal will be useful for institutions seeking organized reporting and transparency. Instead of providing obscure HMDA reports and [...]

By Bryan Redington|2018-08-07T02:38:33-05:00October 4th, 2017|Market, News|0 Comments

American Association of Private Lenders Announced First Excellence Award Nominees

By AAPL|2021-06-08T14:11:03-05:00October 4th, 2017|Editorial, News|0 Comments

The American Association of Private Lenders (AAPL) announced the nominees for each category of the AAPL Excellence Awards: Members of the Year, Community Impact Award and Emerging Leader Award. The awards, running for the first time this year, showcase private lending professionals who leverage their unique resources to solve problems, advance industry and professional performances, [...]

By AAPL|2021-06-08T14:11:03-05:00October 4th, 2017|Editorial, News|0 Comments

New Credit Reporting Rule Takes Effect

By James Hart|2018-08-07T02:38:35-05:00September 20th, 2017|Market, News|0 Comments

Most civil judgments and many tax liens won’t show up on borrowers’ credit reports A significant change has taken effect in how Americans’ credit reports are compiled, but it’s not clear yet exactly what impact the new policy will have on private lenders and their clients. On July 1, the three-national credit-reporting agencies – Equifax, [...]

By James Hart|2018-08-07T02:38:35-05:00September 20th, 2017|Market, News|0 Comments

China Running RE Development in U.S.

By James Hart|2018-08-07T02:38:36-05:00September 20th, 2017|Market, News|0 Comments

Over the last several years, Chinese investment has assumed an increasingly influential role in U.S. commercial real estate. In 2016 alone, Chinese investors spent $15.1 billion on commercial property here, representing 46 percent of Chinese investment in other countries, Real Capital Analytics reports. The United States was the number one destination for China’s outbound investment. [...]

By James Hart|2018-08-07T02:38:36-05:00September 20th, 2017|Market, News|0 Comments

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