Investment Management
Fractional investments are generally originated and managed by mortgage brokers specializing in the field. these brokers operate under the auspices of the Department of Real Estate and are subject to its regulations.
Mortgage funds operate under the auspices and regulations of the Department of Corporations subject to Plans that are reviewed and renewed annually by the Department. Funds often are formed as LLCs.
Funds are managed by separate entities which are also subject to Department of Corporations regulations. These entities provide operational functions for the funds: They originate, underwrite and service the loans enabled by the fund’s investors.
Read more about this topic: Private Money Investing
Famous quotes containing the words investment and/or management:
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