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Sagent’s mortgage platform, Dara, moves closer to full deployment

Housing Wire

Dara Movement and Dara Data are not yet on the market but in a “road map” stage, Sagent confirmed. Dara Default offers decisioning, automated workflows, collections, loss mitigation, claims, foreclosure and bankruptcy and an attorney network. And Dara Core is nearing beta completion.

Mortgages 405
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Modular homebuilding startup Veev on the verge of bankruptcy

Housing Wire

There are talks about a “leading company” potentially acquiring California -based Veev, but the negotiations remain in the very early stages, according to Calcalist. Veev , a promising modular homebuilding company that’s raised $600 million, could close after a plan for a capital raise failed, according to reporting out of Israel.

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Comparing this housing market recession to 2008

Housing Wire

In 2008, the rise of foreclosures and bankruptcy were waving red flags before the job-loss recession even happened. Today, it’s the complete opposite story: the 2005 bankruptcy reform laws and the 2010 Qualified Mortgage laws laid the foundation for the best housing credit profiles recorded in U.S.

Marketing 546
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Lone Wolf Relationships is smart, not ‘metamorphic’: Tech Review

Inman

Relationships is an easy onboard, swiftly presenting the user with daily opportunities to build business that pulls focus from the need to simply build a giant list of third-degree contacts who have one foot in the market and the other in pending bankruptcy

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Is the Dallas Fed right to label this a housing bubble?

Housing Wire

In the past, the speculative credit boom led to people filing for bankruptcies and foreclosures in 2005, 2006, 2007 and 2008. Fixed low debt cost with rising wages creates better cash flow Post-2010, the lending standards have been great — we made American mortgage debt great again! Then after all that, we had the great recession.

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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

We have had people on forbearance already sell their homes and move onto the next stage of their life in a new home. As you can see below, foreclosures and bankruptcy were rising into the 2008 recession from 2005-2008, then the great financial recession occurred. Knowing the difference is the key.

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Why lenders should be asking for a title check at loan application

Housing Wire

The bottom line: Flueid is committed to driving efficiency for lenders (as well as their partners) to make the loan life cycle simpler, faster and more secure and help them deliver on their promise to the borrower.

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