Operational Procedures for a Foreclosure
Time is of the essence with foreclosures. Being familiar with the procedures involved will save you time and make the process smoother. Your borrower has not paid their $1,000,000 mortgage note receivable for three months. [...]
Is AI Coming for Your Job?
Integrating AI into private lending operations will likely increase profits, allowing companies to to hire additional staff, develop new products, and expand into new markets. When ATMs were introduced more than 50 years ago, there [...]
Roemanu Appoints Charles Macintosh as Chief Operating Officer
Holding Company for Toorak and Merchants Mortgage Taps Industry Veteran to Oversee Several Key Business Areas Tampa, FL – September 24, 2024 – Roemanu today announced the appointment of Charles (“Mac”) Macintosh as Chief Operating [...]
Member Spotlight | Nema Daghbandan
This article was updated 7.1.25 to reflect a business name change. Our October Member Spotlight shines on Nema Daghbandan, CEO at Lightning Docs! Nema Daghbandan, has been an AAPL member since what he humorously refers [...]
RCN Capital Announces Expansion of Charlotte Office
Grand Re-Opening Marks Increased Efforts to Grow Company’s North Carolina-Based Workforce SOUTH WINDSOR, Conn. (September 20, 2024) – RCN Capital, the leading nationwide private lender specializing in providing financing for real estate investors, announced the [...]
The Key to Scaling a Mortgage Fund: Building the Right Team
A team of specialists is critical. I have had three “ah-ha” moments during my journey in the private lending industry. The first was when I closed my first private money loan and recognized the opportunity [...]
Usury in California: The Moon Case, the Current Situation, and the Fight for the Future
This article was updated 7.1.25 to reflect a business name change. AAPL’s Government Relations Committee will continue to monitor the situation and assist in developing a plan for future steps. For more than 40 years, [...]
3 Ways to Transform Your Sales Operations
Solving problems, communicating, and marketing are the three ways your loan origination team can grow revenue. In the lending industry, being able to navigate challenges effectively is the cornerstone of success. Because it often falls [...]
Toorak Capital Partners Completes Its Second Rated Residential Transition Loan Securitization
$237.5 Million Deal Rated by Morningstar DBRS Follows First-Ever Rated RTL Securitization Closed by Toorak in February 2024 TAMPA, FL – September 16, 2024 – Toorak Capital Partners, Inc. (“Toorak”), a leading capital provider to [...]
Private Lender Transforms Entrepreneur’s Business Future
By financing an office, commercial warehouse, and land deal in Renton, Washington, 1892 Capital Partners changed a business’s trajectory. The Opportunity The borrower, a savvy entrepreneur in the construction supply business, sought to purchase a [...]
“Negative Remarks” and Foreclosures
Examining three states with the highest foreclosure rates will help you assess risk and strengthen your lending portfolio. Tracking residential foreclosure data is vital for understanding both the health of the housing market and its [...]
Member Spotlight | Jack Helfrich
Our September Member Spotlight shines on Jack Helfrich, Executive Vice Present Retail Lending at CV3 Financial Services! If you've been to our Annual Conference, you've probably heard Jack Helfrich's name a time or two. Not [...]
Much Ado About Debt Funds
With billions in dry powder and a growing number of new entrants, these funds are reshaping the lending landscape and offering crucial support to an industry in flux. The prolonged period of economic uncertainty and [...]
Create Your ‘Gold Standard’
Private lenders can ensure quality and mitigate risk by streamlining their loan origination policies and procedures. As a lender, whether you’ve been in business for years or are relatively new, you have undoubtedly established policies [...]
Stop Being Just a Lender
If you want to keep your borrowers coming back in a challenging market, work on these strategies to give them more opportunity. In the competitive private lending industry, lenders likely find it increasingly difficult to [...]
Exorcising Hobgoblins: Removing Antiquated Clauses from Loan Documents
Many of these clauses, cobbled together over decades or more, contain antiquated clauses that no longer serve their intended purpose. So that you don’t have to Google it, a hobgoblin is a mischievous imp (or [...]
NAR Settlement Could Cut Both Ways for Real Estate Investors
Investors will likely gain a bigger advantage in acquiring properties on the retail market but may see more competition from retail buyers on alternative purchase platforms and chilling demand for resales. A landmark court settlement [...]
State of the Private Lending Industry: Volatility or Smooth Sailing?
Lightning Docs, the official loan document platform of the American Association of Private Lenders (AAPL), recently provided updated data on interest rates and loan volume for both short-term bridge loans and long-term rental loans for [...]
Condo Project to Help Relieve Affordable Housing Challenge
The 36-unit Fort Worth, Texas, condominium construction project is expected to help address the city’s affordable housing shortage. Direct private lender Navigator Private Capital recently funded a ground-up 36-unit condominium project at 123 Merritt Street [...]
Member Spotlight | Jennifer Young
This article was updated 7.1.25 to reflect a business name change. Our August Member Spotlight shines on Jennifer Young, Partner, Corporate & Securities at Fortra Law! Jennifer Young holds many titles: AAPL friend and long-time [...]
