New Member Discount: RES.NET’s REO and Loss Mitigation Portals
RES.NET is the American Association of Private Lenders' newest Member Discount partner. The enterprise application allows lenders to create customizable workflows for REO, Loss Mitigation, Short Sale, Deed-In-Lieu, Pre-foreclosure, and Valuations. Its suite of [...]
How Tech Revolutionized Real Estate Financing
The real estate industry is experiencing a sea change as technology redefines what real estate is and who can access it. For a very long time, the American Dream meant owning property, specifically, owning a [...]
Navigating a Sea Change: Leadership in Times of Uncertainty
When the economic landscape is uncertain, you can’t afford to sit dead in the water. Companies around the world are reevaluating how they do business in order to overcome the storm that we all face [...]
Special Feature: Mortgage Payment Deferment Gotchas
How will they affect borrowers in the long run? When Congress passed section 4021 of the CARES Act in response to the effects of COVID-19, the intent was to help borrowers who were having problems [...]
Intrigued by Private Lending?
Here are three questions to consider before you jump in. COVID-19 has spurred hundreds of conversations among real estate investors, entrepreneurs and business owners about the best ways to create multiple sources of income, especially [...]
AAPL and RES.NET Form Strategic Alliance to Deliver Enhanced Default Services to Private Lenders Nationwide
FOR IMMEDIATE RELEASE Leading private lender association and nationally licensed valuations and default services provider partner to meet private lenders’ increasing demand for default management services LAKE FOREST, Calif., Aug. 26, 2020 – RES.NET, a [...]
PeerStreet Launches New Fund Strategy for Investors
Building on the success the company has had in transforming access to real estate debt, the company is launching the Credit Opportunity Fund to match investor demand with current market opportunities. LOS ANGELES, Calif.--August 19, [...]
Special Feature: How to Pivot During a Crisis
Here’s how one experienced real estate investor managed operations during COVID-19. Real estate investors had been musing about a market correction, but no one was ready for the impact of COVID-19. Still, it’s not all [...]
Proposed Modifications to SEC Definition of “Accredited Investor”
This article was updated [date] to reflect a business name change. AAPL and Fortra Law (formally Geraci LLP) support many of the changes. On Dec. 18, 2019, the Securities and Exchange Commission (SEC) proposed modifications [...]
From the Corner Office: Your Association Update
During the past several months, due to the coronavirus pandemic, the world came as close to a near-standstill as we are ever likely to see. Then, clear incidents of police brutality and injustice drove our [...]
Special Feature: Capital Lessons from COVID-19
The value of diversified capital sources—and why the biggest opportunity may still lie ahead. No one saw this coming. At least not like this. We have been talking about the next recession since we got [...]
Avoiding Accidental Redlining and Other Predatory Practices
Private lenders can be more vulnerable to unintentional redlining than other financial institutions. In light of current events in our country, it is important to address redlining. Although against the law, redlining happens due to [...]
The “Now” and “Not Yet” of Investing in a Post-Pandemic Housing Market
Many investors are approaching acquisition opportunities with caution, even as they prepare for future buying opportunities that haven’t materialized. Real estate investors took a licking in late March following the coronavirus pandemic and national emergency [...]
Lenders: Have You Considered a Deed in Lieu of Foreclosure?
When used properly, a DIL can be a great option for lenders seeking to avert foreclosure. Given the current economic uncertainty, unprecedented unemployment and number of loans in default, lenders should properly review, evaluate and [...]
Member Spotlight | Jacob Therrien
Fun Fact #1: Vermont, the 14th state admitted to the union in 1790, gets its name from "montagne verte" (French for green mountain) after the state's gorgeous Green Mountains. Fun Fact #2: We learned this [...]
Where AAPL’s Education Committee Sees Private Lender Know-How Needing a Boost
Visit aaplonline.com/education-advisory-committee for more information about our Education Committee. What’s next? Those two syllables are enough to give any in-the-know lender heartburn: Futureproofing is a dichotomy between an eye-rolling salvo and the secret dream for [...]
Special Feature: COVID-19’s Impact on Private Lenders
The industry is focused on strengthening itself rather than rebuilding. On March 19, 2020, California announced the nation’s first statewide shelter-in-place order. Within weeks, 44 more states followed suit. The national economy was effectively shut [...]
Answering the Challenge to Create and Protect Wealth
Helping clients build wealth and staying ahead of industry change motivate the Forino brothers. It’s said that opposites attract. In the case of Lou and Raffaele Forino, their completely different business backgrounds have benefited them [...]
Reminders for REITs on Prohibited Transactions
Be diligent about the impact of loan modifications and foreclosures during the coronavirus pandemic. The passage of the Tax Cuts and Jobs Act led to an increase in the number of private lending funds converting [...]
Can an IRA Be a Buyer of My Notes?
Selling notes to IRA investors is similar to selling notes to an individual, with one large exception: The self-directed IRA ecosystem lacks direct methods to get in front of account holders. An IRA (whether traditional [...]
