by Ethan Atkinson | Sep 28, 2026 | Real Estate
Who are you supposed to be as an agent in a real estate transaction? This question is more difficult to answer than it may seem. As an agent, you’re supposed to be your client’s BFF while also being their taskmaster; you’re supposed to be loyal to them, except when...
by Ethan Atkinson | Sep 28, 2026 | P-T, PropertyPedia
Scratch and dent loans sound like financing that’s been through a lot, but they’re actually less terrifying than they sound. Scratch and dent loans are mortgage loans that have defects or irregularities that make them difficult to sell through normal...
by Ethan Atkinson | Sep 22, 2026 | A-E, PropertyPedia
A clawback in the mortgage lending industry may sound a bit desperate… and, well, it sort of is. A clawback generally refers to the recovery of money that was previously paid or transferred. The term can arise in several contexts. For example, a mortgage lender or...
by Ethan Atkinson | Sep 22, 2026 | A-E, PropertyPedia
A cramdown in a mortgage-related bankruptcy proceeding sounds terrible, but it actually helps the borrower in most situations. In the mortgage loan business, a cramdown generally refers to a bankruptcy court reducing the amount of a secured debt that is treated as...
by Ethan Atkinson | Sep 22, 2026 | F-J, PropertyPedia
Mortgage professionals are not professional stylists, but this doesn’t mean they don’t do haircuts. In the mortgage loan business, a haircut is a reduction applied to the stated or market value of an asset when determining how much credit, financing, or collateral...
