Loan Servicing

Putting Business Process Automation to Work for You

By |2024-01-30T10:18:36-06:00February 7th, 2024|Operations, Servicing|0 Comments

Business process automation (BPA) can help businesses streamline their operations, enhance efficiency, and reduce human intervention in repetitive tasks. But which parts of your business should you automate—and how? rivate lenders deal with complex processes ranging from loan origination, underwriting, risk assessment, and document management to compliance and security. Despite the complexities of the industry, [...]

By |2024-01-30T10:18:36-06:00February 7th, 2024|Operations, Servicing|0 Comments

4 Tips for Structuring and Servicing Private Money Loans for Success

By |2023-05-31T16:35:34-05:00June 1st, 2023|Fundamentals|0 Comments

For both lenders and borrowers, all aspects of loan servicing are critical for success—from initial contact to loan repayment. Running a successful private lending company means working with borrowers to try to meet expectations about the performance of their loans. That requires planning for mutual success. Anyone selling and servicing loans knows that offering the [...]

By |2023-05-31T16:35:34-05:00June 1st, 2023|Fundamentals|0 Comments

Part 6 of a 6-part series: You Can’t Do it “A Loan”

By |2020-04-03T17:49:17-05:00December 18th, 2019|Strategy|0 Comments

Other Articles in this Series: Part 1 of a 6-part series: The Very Last Nail Part 2 of a 6-part series: Cover Your Asset Part 3 of a 6-part series: The Foreclosure Process Part 4 of a 6-part series: Strategies for Loss Mitigation and REO Disposition Part 5 of a 6-part series: Turning Property [...]

By |2020-04-03T17:49:17-05:00December 18th, 2019|Strategy|0 Comments

Part 2 of a 6-part series: Cover Your Asset

By |2020-04-03T17:47:23-05:00March 18th, 2019|Servicing|0 Comments

Other Articles in this Series: Part 1 of a 6-part series: The Very Last Nail Part 2 of a 6-part series: Cover Your Asset Part 3 of a 6-part series: The Foreclosure Process Part 4 of a 6-part series: Strategies for Loss Mitigation and REO Disposition Part 5 of a 6-part series: Turning Property [...]

By |2020-04-03T17:47:23-05:00March 18th, 2019|Servicing|0 Comments

Part 1 of a 6-part series: The Very Last Nail

By |2020-04-03T17:41:32-05:00February 1st, 2019|Servicing|0 Comments

How to minimize defaults on your investment. When you invest your money, in most cases, you relinquish a certain amount of control over what happens to it. If you’re invested in the stock market, for example, you are at the mercy of innumerable economic factors and capricious faceless investors. But, what if you could [...]

By |2020-04-03T17:41:32-05:00February 1st, 2019|Servicing|0 Comments

Accepting Paypal, Venmo or Zelle

By |2018-08-07T02:37:26-05:00July 26th, 2018|Servicing|0 Comments

Opportunity or Minefield for Lenders? Borrowers, especially millennials, love peer-to-peer payment apps. Apps such as PayPal, Venmo, Zelle, amongst others, eliminate the hassle of writing checks. With the proliferation of their use, private and institutional lenders are wondering if they should indulge their borrowers and start accepting payments from these apps? The short answer is [...]

By |2018-08-07T02:37:26-05:00July 26th, 2018|Servicing|0 Comments

Can Loan Servicing Help Your IRA?

By |2021-06-08T13:31:13-05:00July 18th, 2018|Servicing, Strategy|0 Comments

Discover how it can reduce stress and offer advantages. Loan servicing has helped take the stress out of lending and has opened the door for those who may have otherwise been apprehensive about entering the space. In many ways, concerns about originating loans mirror those of putting alternative assets to work in a self-directed retirement [...]

By |2021-06-08T13:31:13-05:00July 18th, 2018|Servicing, Strategy|0 Comments

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