Ask the HOA Expert: Owner Not Paying Assessments

Question: We have an owner who has not paid an assessment for several years. The property is being used as rental property. Answer: Your board needs to adopt a formal Collection Policy that provides for an "assignment of rents" provision. This provision allows the HOA to redirect rents to the HOA wh

What is a ‘Portfolio’ Lender?

You may or may have not heard the term ‘portfolio’ lender but those in the mortgage industry certainly have. Portfolio lenders serve an important niche in the lending community. Mortgages fall into just a few basic groups: conventional, government, and portfolio. Conventional loans are the most comm

Realty Times Launches Rita: Advanced AI-Powered Real Estate Advisory Platform

The real estate sector continues to advance through technological innovation, and Realty Times remains at the forefront by deploying a cutting-edge solution designed to elevate consumer experience and expand access to professional real estate expertise. Realty Times is proud to announce Rita, our pr

Weekly mortgage demand stalls along with interest rates, but rates are now moving higher again.

Mortgage rates were unchanged last week, as was mortgage demand, and total volume remains lower than year-ago levels.