news release

RCN Capital Surpasses 20,000 Loans Funded Since Inception

By |2023-04-28T10:46:06-05:00February 13th, 2023|News|0 Comments

Company Recognizes Noteworthy Origination Milestone Despite Industry Turbulence RCN Capital, a leading nationwide private lender specializing in financing for real estate investors, announced a major origination milestone of over 20,000 loans funded since its inception in 2010. RCN Capital, which offers financing for short-term fix & flip projects, long-term rentals, & ground-up construction, takes pride [...]

By |2023-04-28T10:46:06-05:00February 13th, 2023|News|0 Comments

Verus Mortgage Capital introduces Verus Commercial Real Estate Finance

By |2020-09-09T15:50:44-05:00September 9th, 2020|News|0 Comments

(NEW YORK, September 9th, 2020) – Verus Mortgage Capital has designated a new division, Verus Commercial Real Estate Finance (“VCREF”) to pursue origination opportunities in commercial real estate credit. VCREF is a balance sheet commercial real estate direct lender that will provide capital for a wide range of real estate asset classes nationwide. VCREF’s senior [...]

By |2020-09-09T15:50:44-05:00September 9th, 2020|News|0 Comments

AAPL and RES.NET Form Strategic Alliance to Deliver Enhanced Default Services to Private Lenders Nationwide

By |2021-06-08T14:09:08-05:00August 26th, 2020|News|0 Comments

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 technology platform specializing in mortgage banking default, and The American Association of Private Lenders (AAPL), the oldest association representing the [...]

By |2021-06-08T14:09:08-05:00August 26th, 2020|News|0 Comments

American Association of Private Lenders Convened on Capitol Hill

By |2021-06-08T12:34:03-05:00March 1st, 2019|Advocacy, News|0 Comments

Senate Meetings a Vital Step for Private Lender Advocacy The American Association of Private Lenders (AAPL) met with the offices of several senators on the United States Senate Committee on Banking, Housing and Urban Affairs; and the Senate Committee on Finance, Thurs., Feb 21, 2019. The delegation of real estate private lenders and AAPL staff [...]

By |2021-06-08T12:34:03-05:00March 1st, 2019|Advocacy, News|0 Comments

Angel Oak Prime Bridge Now Offers Mortgage Brokers Options for Fix-and-Flip Lending

By |2019-02-27T18:25:15-06:00February 27th, 2019|News|0 Comments

Angel Oak Prime Bridge, LLC (“AOPB”), a residential investment property lender that provides financing solutions such as fix-and-flip loans now offers wholesale options for mortgage brokers looking to expand offerings to clients with an interest in real estate investing. To spearhead this new effort AOPB has hired mortgage and wholesale veteran Will Jackson, who has [...]

By |2019-02-27T18:25:15-06:00February 27th, 2019|News|0 Comments

PeerStreet Announces Software Integration with Liquid Logics

By |2019-02-12T16:42:37-06:00February 12th, 2019|News, Technology|0 Comments

PeerStreet shows its commitment to technology innovation with one-click loan document submission American Association of Private Lender (AAPL) members, PeerStreet announced a powerful new integration with another AAPL member Liquid Logics, a loan origination software (LOS) platform. This integration is another milestone in PeerStreet’s mission to build a stronger, more modern, and more transparent marketplace [...]

By |2019-02-12T16:42:37-06:00February 12th, 2019|News, Technology|0 Comments

CIVIC Multi-Family Emerges as Non-Bank Commercial Lender

By |2019-02-12T16:42:53-06:00February 5th, 2019|News|0 Comments

CIVIC enhances multifamily lending platform with speed, efficiency and transparency Non-bank direct lender Civic Financial Services announced that it has furthered its commitment to the multifamily space with the launch of CIVIC Multifamily. The vertically-integrated multifamily lending platform is quickly gaining traction in the non-bank small balance bridge space with its unique positioning and strategic [...]

By |2019-02-12T16:42:53-06:00February 5th, 2019|News|0 Comments

New Direction IRA, Inc. forms New Direction Trust Company

By |2021-06-08T13:42:24-05:00September 26th, 2018|News|0 Comments

New Direction Trust Company will replace New Direction IRA, Inc. and Mainstar Trust New Direction Trust Company is a Kansas-regulated trust company based in Overland Park, Kansas with administrative offices in Louisville, Colorado. Effective October 18, 2018, New Direction Trust Company will replace New Direction IRA, Inc. (NDIRA) and Mainstar Trust as custodian of all [...]

By |2021-06-08T13:42:24-05:00September 26th, 2018|News|0 Comments

PeerStreet Expands Real Estate Investing Options with Shorter-Term Notes

By |2021-06-08T13:27:24-05:00September 13th, 2018|News, Technology|0 Comments

Innovative new investment product increases liquidity for investors PeerStreet announced the addition of a new investment option, Cash Offer Loans. Cash Offer Loans are a new investment option that provides PeerStreet investors with a shorter duration than typical bridge loans. Cash Offer Loans add to the investment options available on the PeerStreet platform. The range [...]

By |2021-06-08T13:27:24-05:00September 13th, 2018|News, Technology|0 Comments

CoreVest Launches Build-to-Rent Program for Investors

By |2018-08-07T02:37:31-05:00July 13th, 2018|News|0 Comments

$200M in Projects Financed CoreVest has announced a new loan program, Build-To-Rent Complete, that is tailored specifically for build-to-rent investors. Build-To-Rent Complete provides construction financing for the development of new rental properties along with long-term financing once projects are completed and stabilized. CoreVest is offering this program to seasoned investors across the U.S. with loan sizes [...]

By |2018-08-07T02:37:31-05:00July 13th, 2018|News|0 Comments

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