Alternatives to Foreclosure

Lender Chooses Bridge Loan Solution Over Foreclosure

By |2023-08-02T12:11:34-05:00August 9th, 2023|Case Study|0 Comments

Working with a trusted borrower, balance sheet lender We Lend chose an alternative to foreclosure when construction on the property did not progress as the loan reached maturity. The Situation Just over a year ago, We Lend funded a loan for a borrower for whom we’ve completed 25 loans. In this particular deal, the borrower [...]

By |2023-08-02T12:11:34-05:00August 9th, 2023|Case Study|0 Comments

Foreclosure Pitfalls and How to Avoid Them

By |2022-09-27T11:04:42-05:00September 28th, 2022|Operations|0 Comments

The best lenders continually adapt to whirlwind market conditions, and stay a step ahead of ever-changing legislation. An an ideal world, borrowers would never default, and lenders could avoid the time and expense of foreclosure. Of course, defaults do happen, and lenders often find themselves facing many of the same avoidable issues that stall, or [...]

By |2022-09-27T11:04:42-05:00September 28th, 2022|Operations|0 Comments

Alternatives to Foreclosure

By |2021-10-27T18:03:40-05:00October 26th, 2021|Featured, Strategy|0 Comments

An alignment of interests may solve the oncoming foreclosure flood. It feels as if every other article these days focuses on the effects of forbearance across various asset classes. From agency-backed paper to service non-QM loans, the consensus is there will be a drastic increase in overall foreclosure activity. Although most industry professionals agree the [...]

By |2021-10-27T18:03:40-05:00October 26th, 2021|Featured, Strategy|0 Comments

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