Year: 2019

Asset Protection: That Thing You Should Have Done Yesterday

Asset Protection: That Thing You Should Have Done Yesterday

Besides knowing the cost of the insurance, be aware of “gotchas” that can ruin you financially. There are more than 30 million lawsuits filed in the U.S. each year. If you own a home with equity, a business, rental income property or have large sums in stocks, bonds and cash, then you have a...

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Using Insurance to Preserve Lender Capital

Using Insurance to Preserve Lender Capital

How much more capital would your investors provide if you exceeded expectations for preserving their capital? Warren Buffett, the Oracle of Omaha, has a Golden Rule: “Rule No. 1 is never lose money. Rule No. 2 is to never forget Rule No. 1.” The standard investment rule Buffet follows is to...

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Grow Your Network, Grow Your Business

Grow Your Network, Grow Your Business

Why strategic relationships will take your company to the next level Everyone knows the phrase, “It’s not what you know, but who you know.” In the mortgage industry, this is especially true. In an industry that relies heavily on referrals and word-of-mouth recommendations, it is surprising how...

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Jeff Tesch Takes the Reins at RCN Capital

Jeff Tesch Takes the Reins at RCN Capital

To achieve continued success, he’ll rely on the same principles that have established him and the firm as industry leaders. It was early 2010. Jeff Tesch received a phone call from Don Vaccaro, co-founder of RCN Capital. Vaccaro wanted Tesch to help him run a new private lending company. Nearly...

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HomeLight Acquires Eave

HomeLight Acquires Eave

Real estate technology platform HomeLight, based in San Francisco, has acquired Eave, a digital mortgage startup with a proprietary software platform that automates 70 percent of the mortgage process. Additionally, HomeLight has launched a home loans division that will operate in six states,...

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U.S. Foreclosure Activity Decreases 13 Percent in April 2019

U.S. Foreclosure Activity Decreases 13 Percent in April 2019

ATTOM Data Solutions’ April 2019 U.S. Foreclosure Market Report shows that foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 55,646 U.S. properties in April 2019. That’s a 5% drop from March and a 13% decrease from a year ago. It marked the 10th...

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CrowdStreet Surpasses $500 Million in Online Investments

CrowdStreet, a Portland, Oregon-based technology provider with an online marketplace for direct equity investment in commercial real estate, crossed the $500 million threshold in total online investments in March. The news accompanies a record quarter in which CrowdStreet saw individuals invest...

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New Millennium Trust API Designed to Increase Access to Investments

Millennium Trust Company has launched an API that is designed to allow investment sponsors and advisor systems to reduce processing times, control the user experience and increase transaction volumes. Millennium Trust is a provider of specialized retirement and institutional custody solutions. The...

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OS National to Expand Headquarters

Title and escrow provider OS National has announced a $15 million headquarters expansion that will create more than 1,000 new jobs in Gwinnett County, Georgia. The company is based in Duluth. “In selecting Gwinnett County for our national headquarters, we believe we can support OS National’s...

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