PlainsCapital Bank National Warehouse Lending’s Post

We are thrilled to announce a groundbreaking development in the private lending industry, marked by DBRS, Inc. (Morningstar DBRS)'s provisional credit ratings assignment to the Mortgage-Backed Notes, Series 2024-RRTL1, issued by Toorak Mortgage Trust 2024-RRTL1. This securitization, featuring various note classes with ratings from A (low) (sf) to B (low) (sf), is pivotal for its structured approach to credit risk, showcasing the innovation and robustness within the private lending sector.   This securitization is particularly significant as it underscores the growing sophistication and maturity of private lending markets. By involving a portfolio of residential transition loans (RTL), it highlights the industry's capability to finance and support the revitalization of residential and small commercial properties. This not only broadens the spectrum of investment opportunities but also enhances the liquidity and stability of the private lending ecosystem.   Moreover, the structured payment strategies and stringent loan portfolio criteria embedded in this securitization reflect a deep commitment to risk management and credit quality. This move sets a new benchmark for the industry, demonstrating the potential for private lenders to engage in complex financing structures while maintaining sound credit practices.   This announcement represents a key milestone that not only benefits Toorak Capital Partners LLC but also serves as a model for innovation and excellence across the sector.   Read more here: https://lnkd.in/ekPTsWMp

We get it. Many borrowers require swift access to capital. Unfortunately, traditional banks can turn the loan application process into a seemingly endless wait. Inundated with paperwork, lengthy delays, and minimal communication, borrowers are often left feeling frustrated and powerless. Secured Lending is different. At Secured Lending we understand the urgency of your needs. That's why we offer a fast, efficient, and transparent loan process. We streamline paperwork, prioritise quick decisions, and keep you informed every step of the way. Seize time-sensitive opportunities without the delays associated with traditional lenders. Secured Lending offers a streamlined funding process to accelerate your growth trajectory. P.S. Let us know in the comments what your biggest frustrations are with traditional lenders! If you or your client require urgent finance, contact us on 1300 795 175, info@securedlending.com.au or check out our website #BorrowWithConfidence #1stMortgage #2ndMortgage #SecuredLending https://hubs.ly/Q02Fx1Gf0

We recently saw a client encounter prolonged delays and challenges while refinancing our loan with another lender. A promised one-week turnaround ballooned to three weeks, marred by excessive documentation requirements, onerous conditions, and a lack of communication. As the outgoing lender we witnessed how uncommercial delays caused by restrictive practices can slow down the entire process, creating frustration for everyone involved. At Secured Lending, we're committed to a seamless finance experience that benefits everyone and gets the borrower access to funds in 24 to 48 hours. Focus on your business, not roadblocks. Contact me on 0416 798 187 or email at g.tabila@securedlending.com.au if you want to know more about our products. #refinancing #businessloans #commercialfinance #businesssolutions #securedlending

We are thrilled to announce a groundbreaking development in the private lending industry, marked by DBRS, Inc. (Morningstar DBRS)'s provisional credit ratings assignment to the Mortgage-Backed Notes, Series 2024-RRTL1, issued by Toorak Mortgage Trust 2024-RRTL1. This securitization, featuring various note classes with ratings from A (low) (sf) to B (low) (sf), is pivotal for its structured approach to credit risk, showcasing the innovation and robustness within the private lending sector.   This securitization is particularly significant as it underscores the growing sophistication and maturity of private lending markets. By involving a portfolio of residential transition loans (RTL), it highlights the industry's capability to finance and support the revitalization of residential and small commercial properties. This not only broadens the spectrum of investment opportunities but also enhances the liquidity and stability of the private lending ecosystem.   Moreover, the structured payment strategies and stringent loan portfolio criteria embedded in this securitization reflect a deep commitment to risk management and credit quality. This move sets a new benchmark for the industry, demonstrating the potential for private lenders to engage in complex financing structures while maintaining sound credit practices.   This announcement represents a key milestone that not only benefits Toorak Capital Partners LLC but also serves as a model for innovation and excellence across the sector.   Read more here: https://lnkd.in/eKE4QZat

We are thrilled to announce a groundbreaking development in the private lending industry, marked by DBRS, Inc. (Morningstar DBRS)'s provisional credit ratings assignment to the Mortgage-Backed Notes, Series 2024-RRTL1, issued by Toorak Mortgage Trust 2024-RRTL1. This securitization, featuring various note classes with ratings from A (low) (sf) to B (low) (sf), is pivotal for its structured approach to credit risk, showcasing the innovation and robustness within the private lending sector.   This securitization is particularly significant as it underscores the growing sophistication and maturity of private lending markets. By involving a portfolio of residential transition loans (RTL), it highlights the industry's capability to finance and support the revitalization of residential and small commercial properties. This not only broadens the spectrum of investment opportunities but also enhances the liquidity and stability of the private lending ecosystem.   Moreover, the structured payment strategies and stringent loan portfolio criteria embedded in this securitization reflect a deep commitment to risk management and credit quality. This move sets a new benchmark for the industry, demonstrating the potential for private lenders to engage in complex financing structures while maintaining sound credit practices.   This announcement represents a key milestone that not only benefits Toorak Capital Partners LLC but also serves as a model for innovation and excellence across the sector.   Read more here: https://lnkd.in/ekPTsWMp

In the July 2024 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS), survey respondents reported tighter standards and weaker demand for all commercial real estate (CRE) loan categories. In light of Fannie Mae and Freddie Mac also reportedly tightening standards, do you worry that will result in more difficulties in obtaining project financing in 2025? #realestatedevelopment https://lnkd.in/g9gsQpYZ

We have recently seen some deals that required high LVR, partly due to a few reasons such as lower valuation, incurred extra cost, unexpected payout figure in refinancing, etc. As much as we would like to be able to fund all deals that come across, some are just too far off most lenders' appetite. However there are a few ways to save a deal and move it across to a YES. We briefly summarize a few common strategies that broker partners have adopted for clients: 1. Cross-collateralization - crossing multiple asset, various types of properties, across various states, at different LVRs are is a very common practice 2. Blended ranking - a common approach to maximize borrowing capacity, allowing 2RM (second registered mortgage) to amortize at within a shorter timeframe than the 1RM to save cost 3. Trenched disbursements - similar to a construction loan, a loan drawdown in multiple transches helps mitigate LVR risk, meanwhile also improves net disbursement figure. N1 offers real flexibility in private lending. Reach out to our friendly team and speaks directly to decision makers. We control and lend our own fund and we don't have restrictive policy. N1H currently manages about $155mil and funding sits in our account ready for immediate deployment. N1H, as a direct lender, aims to uphold elevated standards in private lending through ethical practices, diligent governance, and a commitment to strong compliance. Have a scenario? Our friendly team can be contacted on 1300 001 118 or scenarios@n1holdings.com.au or reply this email.

“Mortgage origination (including redlining, appraisal bias, and HMDA compliance). The CFPB’s mortgage origination examinations focused on redlining as well as assessing potential discrimination in underwriting and pricing processes, including weaknesses in fair lending-related compliance management. It also reviewed appraisal service providers to identify risks that may arise due to discrimination or bias. Finally, it conducted HMDA data integrity and validation reviews” #consumersrights

Turn a Cash Flow Crisis into a Growth Opportunity with Secured Lending Sometimes, even with a healthy workload, unexpected challenges can create a cash flow squeeze. Recently, a client with a robust pipeline of contracting work faced just this situation. Delays in accounts receivable left them temporarily short-funded, hindering their ability to purchase the equipment needed to fulfill upcoming projects. Understanding the urgency, we were able to offer fast funding as our quick turnaround times ensured our client received the funds they needed swiftly. By leveraging a first mortgage over their two commercial properties, we provided the necessary capital to purchase the crucial equipment. With the financial support from Secured Lending, our client is now fully equipped to tackle their workload and capitalise on their thriving pipeline. This is just another example of how Secured Lending helps businesses overcome financial hurdles and achieve their goals. If you or your client require urgent finance, contact us on 1300 795 175, info@securedlending.com.au or check out our website https://hubs.ly/Q02tyTTh0 #BorrowWithConfidence #1stMortgage #SecuredLending #Cashflow #Construction #BusinessSupport #FastFunding

New post available from the research and analytics blog breaking down the private lending market, including top lenders, metros with largest changes in activity, and more. Read it here: https://lnkd.in/geZ3b_D2 A few lenders appearing in the report include Kiavi, The Dominion Group, RCN Capital, Easy Street Capital, and Lima One Capital. --- Private lending origination volume was down 4.5%+ in Q1 2024 compared to Q4 2023; compared year-over-year to Q1 2023, origination volume was up 2.5%; since reaching a low in January 2023, activity held flat to slightly positive. Kiavi is the leading nationwide provider of fix-and-flip loans, holding the #1 market share position in 20 different markets as of March 2024. Private lending regionally continues to be served by a long-tail of providers, with almost all regions having 50+ lenders completing 10+ loans in Q1 2024 alone. At the end of the article, paid subscribers have access to lender-level borrower history lists generated by the SFR Analytics Private Lender Tool.