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Ocwen to buy $48B MSR package from AmeriHome

Housing Wire

A few weeks after striking a deal to buy $14 billion of mortgage servicing rights from Texas Capital Bank , a subsidiary of Ocwen has agreed to buy $48.3 Join us to learn how they are using new strategies to bypass these frustrations, ultimately leading to a pickup in loan sale profitability. Ocwen’s subsidiary PHH Mortgage Corp.

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Rising interest rates trigger an exuberant MSR market 

Housing Wire

Incenter Mortgage Advisors was flooded with a surge of mortgage-servicing rights business in January — with bulk MSR sales approaching in one month what the firm normally tallies in an entire year. On average, historically, we’d be selling $100 billion to $125 billion [in MSRs] annually,” Piercy said. “On

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Rocket’s earnings plummet, but its liquidity remains solid

Housing Wire

The new lending pact supplements an existing $1 billion line of credit agreement with Citibank — resulting in a total $2 billion credit facility extended to Rocket by the bank. Rocket indicates in the SEC filing that it plans to use the new $1 billion MSR-secured credit facility to fund servicer advances or future purchases of MSRs.

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7 best real estate schools in Florida (FL) for 2024

Housing Wire

In Florida, getting licensed as a real estate agent begins with the completion of an approved 63-hour Sales Associate prelicensing course. Key takeaways AceableAgent offers courses for every stage or your real estate journey, from prelicensing to post-licencing and training to hone your professional skills. Chapter Quizzes.

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5 best Arizona real estate schools for 2024

Housing Wire

Includes current issues and trends in AZ real estate & property inspection issues CE Sales Package #1 with Ethics: 12 of the 24 required hrs of coursework (9 mandatory & 3 general hrs). out of 5 stars Rating: 4.5 out of 5. out of 5 stars Rating: 4.5

HR 434
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“Sold Conditional On The Sale Of Buyer’s Property”

Toronto Realty Blog

Let’s say that your home in listed for sale and you receive an offer, but the offer has a condition. If you want to work with the buyer and their offer but you’re a little weary of tying the property up for so long, then you insert an escape clause that allows you to potentially get out of the agreement.

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11 Things to Know About Escrow When Buying a House

Realty Biz

These days, having a neutral third party to make sure everyone is satisfied with the sale and purchase can give both buyer and seller more peace of mind. . Many home buyers and sellers know that escrow is a financial arrangement with a third party who holds money or other property until the terms of the sale are complete.