|
Special Reports
In this section of BrokerUniverse we examine a subject of key importance
for mortgage originators every month, based on special reports that run in our sister publication, Origination News.
Hard Money
Lending A Hand
These are tough times when it comes to getting mortgage financing and, as this
Special Report shows, there are mixed opinions about whether the "hard money" business - which by definition
specializes in lending a hand to borrowers who find themselves in a hole due to a lack of financing options - has
benefited as a result.
As you can read in the pages that follow, one consultant says that hard money
lending has benefited in terms of being as alternative to the "subprime" product that no longer exists.
However, other executives in the niche point out that, given the hard money business'
collateral-based nature, the same concerns about declining real estate prices and lack of equity that are causing
other lenders to tighten their underwriting standards are, if anything, even more of a concern for their business.
That being said, other hard-money lenders say they are still out there, offering help where they see value in some
otherwise difficult-to-finance situations. Kennedy Funding president and co-CEO Jeffrey Wolfer, for example, said
his company "takes a strong look at every aspect of what borrowers have to offer."
Next Month - Fraud Prevention & Detection
Previous reports
Commercial Loans
Lead Generation
Reverse Mortgages
Mortgage Insurance
Credit Restoration
FHA Lending
Jumbo and Nonconforming
Lending
Electronic Documents
Recruiting and
Training
Branch Development
Mortgage Fraud
Construction Lending
Commercial Lending
Credit Restoration
Reverse Mortgages
Origination Technology
Document Services
Home Equity Lending
Nonprime Lending
Electronic Documents
Recruiting &
Training
Warehouse Lending
Home Equity Lending
Downpayment Assistance
Programs
Emerging Markets
Mortgage Fraud
Secondary Market
Origination Technology
Document Services
Commercial Lending
Lead Generation
Appraisals & AVMs
Recruiting & Training
Electronic Documents,
Paperless Loans
Home Equity Lending
Downpayment Assistance
Hispanic Marketing
Broker to Banker
Origination Technology
Update
Not Your Father's
ARM Loan
Document Services
Fraud Detection
AVM/Appraisals/BPOs
Branch Development
Loan Origination Systems
Recruiting & Training
Document Services
Wholesale Showcase
Construction Lending
Broker or Banker
Mortgage Fraud
Lead Generation
Emerging Markets
E-Documents
Return of Subprime
Document Services
Warehouse Lending
Biweekly Mortgages
Lead Generation
Appraisals/AVMS
|
