Housing Wire

NOVEMBER 16, 2022

But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. Still, consolidation is clearly underway in the mortgage banking industry already. By the time 2022 is wrapped up, mortgage lenders will have originated about $2.2 trillion to $1.7

Banks 435

Banks Mortgages Loan Officer Due diligence 435

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? They can be, in essence, the “boots on the ground” for investors and developers alike. Market conditions have certainly trended downward for residential or commercial real estate.

Commercial 448

Commercial Brokerage Due diligence Title 448

Housing Wire

JUNE 3, 2024

State regulators, investors, creditors, business partners, and the public in general conducting due diligence or research are expected to use the information available. As a result, many banks, credit unions, and mortgage companies are known to regulators, but some nonbank firms are still not licensed or registered.

Due diligence 480

Due diligence Banks Mortgages Lending 480

Housing Wire

AUGUST 14, 2023

Swiss bank UBS AG announced Monday it has agreed to pay $1.43 According to the DOJ, the United States filed a complaint alleging that UBS “defrauded investors” by making false and misleading statements to buyers of 40 RMBS issued in 2006 and 2007 relating to the characteristics of the loans. The settlement with the U.S.

Due diligence 370

Due diligence Banks Loans Investor 370

Housing Wire

APRIL 26, 2022

Essentially, through the so-called Bacon Protocol — a set of smart contracts and programming that exists on the Ethereum blockchain platform — investors can purchase stable coins, which are a form of “stable” cryptocurrency pegged to the value of the U.S. LoanSnap is not alone in seeing future opportunity in the crypto-mortgage market.

Mortgages 476

Mortgages Due diligence Equity Loans 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. in January 2020, growing to a portfolio of over 180 community banks and credit unions. The financial terms of the transaction have not been disclosed.

Mortgages 418

Mortgages Due diligence Banks Technology 418

Housing Wire

JANUARY 5, 2023

Typically, the company does not hold such loans for more than two weeks, instead selling them to a group of investors – including Sprout Mortgage. ” Sprout has recently been sued by former employees , vendors and business partners, such as Banc of California , New Wave Lending Group , Merchants Bank of Indiana and FirstFunding.

Loans 459

Loans Due diligence Loan Officer Mortgages 459

Housing Wire

SEPTEMBER 13, 2023

A fly in the ointment, however, particularly for some independent mortgage banks (IMBs), is the elevated risk of agency loan-repurchase demands — triggered by loans that violate Fannie Mae ’s or Freddie Mac ’s rep and warranty policies due to some defect discovered during the agencies’ post-origination quality-review processes. “On

Due diligence 418

Due diligence Marketing Loans Mortgages 418

Housing Wire

DECEMBER 9, 2021

Investment bank Goldman Sachs , through its affiliate Goldman Sachs Mortgage Co., Michael Franco, CEO of SitusAMC , which provides due-diligence services to RMBS issuers, said market dynamics have played a major role in the dominance of jumbo-loan securitizations in the private-label market this year.

Loans 435

Loans Due diligence Residential Mortgages 435

Housing Wire

JANUARY 13, 2023

In addition, secondary market investors continue to show interest in well-underwritten, higher-rate loans secured by single-family rental properties. The third deal in motion, also backed in part by investment properties, is now undergoing due-diligence review. Securities and Exchange Commission.

Marketing 448

Marketing Investor Due diligence Loans 448

Housing Wire

APRIL 20, 2022

eVaults also support an enhanced customer experience for borrowers and streamline interactions with other participants — warehouse lenders, investors, servicers, etc. eNotes and eVaults deliver operational and cost efficiencies for originators, warehouse lenders, investors, custodians and trustees. within the mortgage ecosystem.

Lending 396

Lending Due diligence Technology Investor 396

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. Securities backed by the loans are then issued and sold to investors.

Due diligence 418

Due diligence Marketing Loans Mortgages 418

HomeLight

NOVEMBER 28, 2024

Instead of researching and contacting cash home buyers yourself, you can ask a real estate agent to put you in touch with tried-and-tested investors in their network. Ask the cash buyer for proof of funds—this could be a bank statement or an official letter from the financial institution showing the account balance.

Proof of funds 111

Proof of funds Due diligence Sales Investor 111

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. . Even though J.P. You don’t need it.”. The stable coin, pegged to the U.S.

Equity 418

Equity Technology Due diligence Investor 418

HomeLight

JANUARY 14, 2025

Macon’s thriving aerospace, manufacturing, and automotive sectors, coupled with its relative affordability, attract both local and out-of-state investors. Do your due diligence Carefully evaluate cash-for-home companies before committing to any offers.

Proof of funds 95

Proof of funds Sales Due diligence Banks 95

HomeLight

JANUARY 14, 2025

Boston’s thriving economy, driven by industries like technology, education, and healthcare, continues to attract local and out-of-state investors. Do your due diligence Before committing to a cash-for-homes company, take the time to research thoroughly.

Proof of funds 97

Proof of funds Sales Due diligence Banks 97

The Close

NOVEMBER 7, 2024

A well-structured plan will guide your decisions and attract potential partners or investors. Crowdfunding: Real estate crowdfunding is when investors pool resources and invest in projects such as new developments or acquisitions. The key here is finding deals where the seller, wholesaler (you), and investor all win.

Hard money loan 98

Hard money loan Purchase and sale agreement Investor Due diligence 98

Housing Wire

MARCH 17, 2022

Rapidly rising rates and widening spreads limited securitization volume in February for both investor [investment property] and prime jumbo issuance,” the report states. “… And, as we noted in last month’s report, the price for loans traded through the exchange has fallen again as well.”. “The That’s not a good combination,” Toohig added.

Loans 434

Loans Marketing Due diligence Residential 434

HomeLight

MARCH 12, 2025

Investors are actively seeking properties in Maui, drawn to the islands high quality of life and thriving tourism industry. Do your due diligence Before finalizing a cash sale, its important to vet the home-buying companies youre considering. Check the companys history, confirm its licensing, and read customer feedback.

Proof of funds 81

Proof of funds Sales Due diligence Banks 81

HomeLight

JANUARY 23, 2025

Investors from both local and out-of-state markets are actively pursuing opportunities in the Bronx, drawn by New York City’s vibrant culture and abundant career opportunities. Do your due diligence Before moving forward with a cash sale, its important to thoroughly vet potential home-buying companies.

Proof of funds 98

Proof of funds Sales Due diligence Banks 98

The Close

NOVEMBER 12, 2024

As part of your due diligence, here are some factors to explore when purchasing land. Step 3: Decide the Type of Land to Purchase Many new investors usually know about common land deals, like buying a rural property, farmland, or empty residential lots. Banks also view raw land as riskier, making financing more difficult.

Land 98

Land Investor Finance Development 98

HomeLight

JANUARY 16, 2025

Investors, both local and out-of-state, are attracted to Augusta for its affordability and excellent quality of life. Do your due diligence Before committing to a cash buyer, its crucial to assess their credibility. Always ask for proof of funds, such as a bank statement, to ensure the buyer can complete the purchase.

Proof of funds 97

Proof of funds Due diligence Sales Banks 97

HomeLight

FEBRUARY 7, 2025

While the local market is showing signs of slowing , demand from both local and out-of-state investors remains strong. Do your due diligence Before selling your home for cash, take the time to vet home-buying companies carefully. If you prefer a quick, hassle-free process, now may be a great time to consider selling for cash.

Proof of funds 92

Proof of funds Due diligence Sales Banks 92

HomeLight

FEBRUARY 20, 2025

Although the West Palm Beach market shows signs of cooling , both local and out-of-state investors show continued interest in the city for its tropical climate, career growth opportunities, and relatively affordable cost of living. Now could be the right time to consider a cash offer, especially if you value efficiency and convenience.

Proof of funds 93

Proof of funds Due diligence Sales Banks 93

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. Roofstock Marketplace is a platform that brings together investors, both buyers, and sellers, who want to buy or sell property with tenants. You can provide financing for a few years (you choose the terms).

Due diligence 370

Due diligence Finance Principal Sales 370

HomeLight

FEBRUARY 20, 2025

Winchesters competitive real estate market continues to attract local and out-of-state investors due to its small-town charm, scenic beauty, and proximity to Washington, D.C. Do your due diligence Before accepting a cash offer, its critical to carefully assess any house-buying company first.

Proof of funds 92

Proof of funds Sales Due diligence Banks 92

HomeLight

NOVEMBER 12, 2024

Agents often know local investors interested in cash purchases, saving you time and effort in finding credible options. Focus on investors rather than owner-occupiers In Virginia, many cash buyers are investors or institutions. Do your due diligence Always research potential buyers to ensure they’re legitimate.

Proof of funds 59

Proof of funds Sales Due diligence Investor 59

HomeLight

JANUARY 29, 2025

Both local and out-of-state investors are actively purchasing homes in the area, attracted by the city’s thriving healthcare, construction, technology, and industrial sectors. Do your due diligence Before accepting an offer, take time to research cash-for-home companies to avoid potential pitfalls.

Sales 78

Sales Due diligence Construction Banks 78

HomeLight

JANUARY 29, 2025

Both local and out-of-state investors are actively purchasing properties in San Marcos, drawn by the areas affordability and growing job opportunities. With homes taking longer to sell due to a cooling local market , cash buyers provide a timely alternative. HomeLight can help connect you with experienced agents in your area.

Proof of funds 72

Proof of funds Due diligence Sales Banks 72

HomeLight

FEBRUARY 11, 2025

Investors both local and out-of-state are drawn to McKinneys up-and-coming real estate market , largely influenced by its excellent school districts, charming downtown, and strong job market. Do your due diligence Its critical to vet any cash-for-homes companies before pursuing a cash offer.

Sales 70

Sales Proof of funds Due diligence New Construction 70

HomeLight

MARCH 5, 2025

Even as the Bentonville market indicates signs of cooling , interest from both local and out-of-state investors remains robust, especially as its population and job market boom. Do your due diligence In a cash sale, its essential to thoroughly verify the legitimacy of any cash buyer before proceeding with an offer.

Proof of funds 52

Proof of funds Sales Due diligence Investor 52

HomeLight

MARCH 5, 2025

Even as the Rogers market shows signs of cooling , interest from both local and out-of-state investors remains robust as the city attracts new residents. Do your due diligence In all cash sales, its strongly advised to thoroughly research and vet house-buying companies before moving forward with an offer.

Proof of funds 52

Proof of funds Sales Due diligence Investor 52

HomeLight

MARCH 6, 2025

Local and out-of-state investors are drawn to the states scenic landscapes and high quality of life, making it an attractive market for cash purchases. Do your due diligence Before committing to a cash buyer, take time to verify their legitimacy. You can also contact the BBB in Eastern MA, ME, RI, and VT for additional insights.

Proof of funds 52

Proof of funds Sales Due diligence Banks 52

HomeLight

MARCH 27, 2025

Investors from near and far are actively buying homes in the area, drawn to Raleighs high quality of life and thriving job sector. Do your due diligence Before accepting any cash offer, take time to vet the company or individual buyer. Look them up on review sites like the Better Business Bureau , Google, Yelp, or Trustpilot.

Proof of funds 52

Proof of funds Due diligence Sales Banks 52

HomeLight

MARCH 31, 2025

While the local market is showing signs of cooling, investor interest both in and out of state remains strong thanks to Las Cruces’ affordability and growth potential. Do your due diligence Before agreeing to a deal, take time to research the company or investor.

Proof of funds 52

Proof of funds Due diligence Sales Investor 52

HomeLight

MARCH 7, 2025

Even as the local housing market shows signs of transitioning to a more balanced state , real estate investor interest remains steady. Do your due diligence Before committing to a cash buyer, its crucial to do your research. If you dont already have an agent, HomeLight can connect you with top-rated professionals in Antioch.

Proof of funds 52

Proof of funds Due diligence Sales Banks 52

HomeLight

MARCH 24, 2025

While the Panama City market has shown signs of cooling, its coastal lifestyle and growing population continue to attract both local and out-of-state investors. Do your due diligence Before moving forward with a cash sale, its recommended to thoroughly verify the legitimacy of house-buying companies.

Proof of funds 52

Proof of funds Sales Due diligence Banks 52