Housing Wire

OCTOBER 29, 2020

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. HousingWire: How do Trelix services help users minimize risks and perform loan due diligence?

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Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? That’s probably why so many title and closing firms have tried their hand at CRE business in the effort to diversify. CRE firms are also suffering through the highest interest rates seen in years.

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Housing Wire

MARCH 16, 2022

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Are digital closings really worth it? Presented by: Notarize.

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Housing Wire

MAY 22, 2023

Setpoint , a real estate funding platform, acquired Resolute Diligence Solutions to support proptech and single-family rental re-engagement in the market, the firm said. About six months prior to the funding, the tech firm closed a $5.5 In December, Setpoint raised $43 million in a Series A round led by Andreessen Horowitz (a16z).

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Housing Wire

MARCH 23, 2021

In recent years, we have seen a significant uptick in fraudulent activity ranging from the high tech — intercepted wire transfers and electronic title phishing scams — to low-tech, such as applicants submitting falsified or doctored bank statements. Underwriters with hidden agendas. Only borrowers have the right of rescission.

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Lending Mortgages Due diligence Debt-to-income ratio 476

Housing Wire

MAY 16, 2023

Wells Fargo -backed mortgage fintech Maxwell has struck a deal to acquire mortgage solutions provider LenderSelect Mortgage Group from Blue Ridge Bank. ” Richmond, Virginia-based LenderSelect Mortgage Group, which provides mortgage loan solutions to lenders, closed its sale to Blue Ridge Bankshares Inc.

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Mortgages Due diligence Banks Technology 418

Housing Wire

JANUARY 5, 2023

is the latest former business partner to sue Sprout Mortgage in a suit filed six months after the mortgage lender abruptly closed its doors. Loan America agreed it would not fund or close such a loan until receiving a “cleared to close” confirmation from Sprout. California-based Loan America, Inc.

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Loans Due diligence Loan Officer Mortgages 459

Housing Wire

DECEMBER 3, 2021

This week’s HW+ member spotlight features Reina Ramos, senior vice president, mortgage market leader at City National Bank of Florida. She joined CNBF after more than a decade with Seacoast Bank , where she served as senior vice president, residential lending production manager. There was so much information to absorb and retain.

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Housing Wire

APRIL 26, 2022

It offers a 15-day loan-closing window and to date has originated “billions of dollars” worth of traditional mortgages dubbed “smart loans” by the company, according to Jacob, who was one of the original strategic advisors to Facebook when it was in its startup phase. “But

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Mortgages Due diligence Equity Loans 476

Housing Wire

JANUARY 5, 2022

SitusAMC, a leading provider of services and technology to the real estate industry, controls some 60% to 70% of the due-diligence loan-review market, according to its CEO, Michael Franco. In terms of competition, Franco added that the private-label market is now largely uncharted territory with respect to loan-defect insurance.

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HomeLight

MARCH 30, 2021

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Free Homebuying Due Diligence Checklist.

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Housing Wire

APRIL 20, 2022

Non-bank lenders that originate to sell loans will appreciate how quickly eNotes can move on and off warehouse lines and, ultimately, to investors. How digital are your current origination and closing processes? For example, are you using eSigning and hybrid closings? Start with a few basic questions.

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Lending Due diligence Technology Investor 396

HomeLight

JANUARY 14, 2025

Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence Carefully evaluate cash-for-home companies before committing to any offers. Always request proof of funds, such as a bank statement, to ensure they have the financial capability to complete the transaction.

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Proof of funds Sales Due diligence Banks 95

HomeLight

NOVEMBER 28, 2024

Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence If you’ve found a cash buyer you’re considering selling your house to, it’s important to thoroughly vet that company or individual to make sure they’re legitimate. No showings, no repairs, no open houses.

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Proof of funds Due diligence Sales Investor 111

HomeLight

JANUARY 14, 2025

Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence Before committing to a cash-for-homes company, take the time to research thoroughly. Always request proof of funds, such as a bank statement, to verify the buyers financial capability. No showings, no repairs, no open houses.

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Proof of funds Sales Due diligence Banks 97

HomeLight

MARCH 12, 2025

With signs of a cooling market , now could be a great time to explore cash sale options especially if convenience and a quick closing are your top priorities. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses. Available to sellers throughout Maui.

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Proof of funds Sales Due diligence Banks 81

Housing Wire

APRIL 12, 2023

In the case of the real estate company, a spoofed email that purported to be from a real estate agent at the company directed a closing attorney to wire $154,000 in home-purchase funds to a bank account controlled by the fraudsters. The illicit proceeds from the closing-fund thefts were then quickly moved from the U.S.

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Housing Wire

MAY 26, 2023

When it comes to close on the sale of the property the scammer will request a remote notary signing. The scammer then impersonates the notary and returns falsified documents to the title firm or closing attorney involved in the transaction. The title firm then transfers the closing proceeds to the scammer.

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HomeLight

JANUARY 23, 2025

Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence Before moving forward with a cash sale, its important to thoroughly vet potential home-buying companies. Always request proof of funds, such as a bank statement, to confirm the buyers ability to close the deal.

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Proof of funds Sales Due diligence Banks 98

HomeLight

JANUARY 16, 2025

Receive your offer in 24 hours and close in as few as 10 days. Choosing an agent-recommended buyer provides added confidence, as these buyers are pre-vetted and financially ready to close the deal. Do your due diligence Before committing to a cash buyer, its crucial to assess their credibility. is your local office.

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Proof of funds Due diligence Sales Banks 97

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . The latest SEMT deal closed on Jan. Even though J.P. 26, 2022, according to Kroll’s data. “We

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Housing Wire

FEBRUARY 16, 2023

I look forward to working closely with Rick to leverage the success of our Loan Review System, prepare the launch of our Loan Acquisition System, and guide us in the development of new product lines.” Seehausen’s professional career spans nearly three decades in the mortgage industry.

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Loans Technology Principal Development 396

HomeLight

FEBRUARY 20, 2025

Receive your offer in 24 hours and close in as little as 10 days. Do your due diligence Before pursuing a cash offer, it’s imperative that you thoroughly vet any house-buying company first. Its also recommended to ask for proof of funds, such as a bank statement, to confirm the buyers purchasing capability.

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Proof of funds Sales Due diligence Banks 93

Housing Wire

MARCH 17, 2022

In terms of prime jumbo residential mortgage-backed securities, I expect volume to be challenged due to interest rates and bank portfolio bids,” Pelka said. billion closed through March 25 of this year. Pelka agrees that the PLS market is under pressure. “In That’s not a good combination,” Toohig added.

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Loans Marketing Residential Due diligence 437

The Close

NOVEMBER 7, 2024

While The Close likes to keep our articles short, this topic needs a bit more explanation, but trust us, it will be worth your while. Do your due diligence on the property, and show up ready to bid. Conventional loans: These can be obtained from a credit union or a bank. Don’t stop reading, though.

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Hard money loan Purchase and sale agreement Investor Due diligence 98

HomeLight

FEBRUARY 20, 2025

Receive your offer within a week and close in as little as 10 days. Do your due diligence Before accepting a cash offer, its critical to carefully assess any house-buying company first. Its also wise to ask for proof of funds, such as a bank statement, to confirm the buyers financial means to purchase your property.

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Proof of funds Sales Due diligence Banks 92

Housing Wire

MAY 5, 2022

At the end of the term, the buyer refinances the debt with a loan from a bank and pays you off, releasing you from the investment. Here are the basics of qualifying for a like-kind exchange: You must identify a property to purchase within 45 days and close on it in 180 days. Pay Your Tenant to Leave.

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HomeLight

FEBRUARY 7, 2025

Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence Before selling your home for cash, take the time to vet home-buying companies carefully. Always request proof of funds such as a bank statement to confirm a buyers ability to complete the purchase.

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Proof of funds Due diligence Sales Banks 92

Housing Wire

MAY 23, 2023

Fannie Mae officials, the industry sources claim, during conversations with the acquisitive lenders, asked that, going forward, they “backstop” rep and warranty (R&W) liabilities for all loans originated by a selling entity over the three years prior to a deal closing.

Loans 418

Loans Purchase and sale agreement Due diligence Industrial 418

HomeLight

JANUARY 29, 2025

Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence Before accepting an offer, take time to research cash-for-home companies to avoid potential pitfalls. No showings, no repairs, no open houses. Available to sellers throughout Baton Rouge. If they hesitate, consider other options.

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Sales Due diligence Construction Banks 78

HomeLight

JANUARY 29, 2025

Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence Its important to carefully evaluate cash-for-home companies before making a decision. Request proof of funds, such as a bank statement, to ensure they can complete the purchase. No showings, no repairs, no open houses.

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Proof of funds Due diligence Sales Banks 72

HomeLight

MARCH 6, 2025

Receive your offer in 24 hours and close in as few as 10 days. Cash buyers recommended by agents are often trustworthy and serious about closing quickly. Do your due diligence Before committing to a cash buyer, take time to verify their legitimacy. No showings, no repairs, no open houses.

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Proof of funds Sales Due diligence Banks 52

HomeLight

NOVEMBER 12, 2024

Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence Always research potential buyers to ensure they’re legitimate. No showings, no repairs, no open houses. Check resources like the Better Business Bureau (BBB) and review customer feedback on sites like Google, Yelp, and Trustpilot.

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Proof of funds Sales Due diligence Investor 59

HomeLight

MARCH 7, 2025

With Mesquites affordability and close proximity to Dallas, investors see it as a prime market for fast, straightforward transactions. Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence Before committing to a cash offer, take time to investigate potential buyers.

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Proof of funds Due diligence Sales Banks 52

HomeLight

MARCH 11, 2025

Receive your offer in 24 hours and close in as few as 10 days. While agents do charge a commission , their market knowledge and network of buyers can help you close the deal more efficiently. Do your due diligence Before moving forward with a cash sale, take the time to vet the home-buying companies youre considering.

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Proof of funds Due diligence Sales Banks 52

HomeLight

FEBRUARY 11, 2025

Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence Its critical to vet any cash-for-homes companies before pursuing a cash offer. In addition, be sure to request proof of funds, such as a bank statement, to confirm the buyer has the necessary financial means to purchase your property.

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Sales Proof of funds Due diligence New Construction 70

HomeLight

MARCH 7, 2025

Receive your offer in 24 hours and close in as few as 10 days. Do your due diligence Before committing to a cash buyer, its crucial to do your research. Always request proof of funds, like a bank statement, to confirm the companys ability to purchase your property. No showings, no repairs, no open houses.

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Proof of funds Due diligence Sales Banks 52