Housing Wire

JANUARY 6, 2023

This shift is happening because of the increased willingness of private investors to invest in servicing and the government sponsored enterprises’ focus on reducing their footprint. Some of these risks include: Minimum due diligence on a new loan population incurred from the previous servicer “Pre-existing” conditions (e.g.

Due diligence 448

Due diligence Loans Industrial Investor 448

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.

Commercial 448

Commercial Brokerage Due diligence Title 448

Housing Wire

JULY 26, 2022

New Wave said it requested bids from multiple investors from Jan. After accepting Sprout’s written offer, the parties started the due diligence process. A sharp rise in mortgage rates saddled the company with tens of millions of dollars in loans it couldn’t sell to investors in the secondary market at par.

Due diligence 397

Due diligence Mortgages Principal Lending 397

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. Oasis Pro Markets is a U.S.-regulated One long-standing test in U.S.

Mortgages 476

Mortgages Due diligence Equity Loans 476

Housing Wire

JULY 26, 2022

New Wave said it requested bids from multiple investors from Jan. After accepting Sprout’s written offer, the parties started the due diligence process. A sharp rise in mortgage rates saddled the company with tens of millions of dollars in loans it couldn’t sell to investors in the secondary market at par.

Due diligence 370

Due diligence Mortgages Principal Lending 370

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. Typically, the company does not hold such loans for more than two weeks, instead selling them to a group of investors – including Sprout Mortgage. California-based Loan America, Inc.

Loans 459

Loans Due diligence Loan Officer Mortgages 459

Housing Wire

SEPTEMBER 21, 2021

The company said it has already gone through the process of getting four investors onboard.). Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings , and existing investors, including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. Learn more here!

Due diligence 373

Due diligence Investor Loans Lending 373

Housing Wire

JUNE 28, 2022

Roughly a year ago, the Austin-based fintech began to sell its loans to First Guaranty Mortgage Corporation (FGMC), a lender and investor that specializes in non-qualified mortgage loans and is controlled by behemoth investment management firm Pacific Investment Management Company (PIMCO). . We’ll probably sell to another investor.

Loans 397

Loans Due diligence Fixed-rate mortgage Lending 397

Housing Wire

AUGUST 12, 2022

The reperforming-loan sale is slated to close by late October 2022, after due-diligence period. The two GSEs, or agencies, buy loans from lenders, pool them and issue mortgage-backed securities that are sold to investors and guaranteed for a fee by Fannie and Freddie. Bids for the FNA 2022-RPL4 offering are due by Sept.

Loans 397

Loans Purchase and sale agreement Principal Due diligence 397

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. It has been a hot market,” Vedder said.

Due diligence 418

Due diligence Marketing Loans Mortgages 418

Housing Wire

MAY 16, 2023

” Richmond, Virginia-based LenderSelect Mortgage Group, which provides mortgage loan solutions to lenders, closed its sale to Blue Ridge Bankshares Inc. We have everything from the point of sale, quality control to due diligence as we offer services across the entire origination value chain,” Paasonen said.

Mortgages 418

Mortgages Due diligence Banks Technology 418

HomeLight

NOVEMBER 27, 2024

Virginia Beach attracts many cash buyers, including property investors and relocation seekers seeking a convenient purchase. Receive your offer in 24 hours and close in as few as 10 days. Agents often have connections with cash buyers and can recommend vetted, reliable investors. No showings, no repairs, no open houses.

Proof of funds 98

Proof of funds Sales Due diligence Investor 98

HomeLight

NOVEMBER 28, 2024

Receive your offer in 24 hours and close in as few as 10 days. 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. If the investor is unwilling to provide a proof of funds letter, consider it a red flag and move on.

Proof of funds 111

Proof of funds Due diligence Sales Investor 111

Housing Wire

JUNE 2, 2022

In other words, it flattens out the space between the primary and secondary markets, allowing mortgages to essentially be originated and securitized nearly instantaneously across a distributed computer network that is accessible to authorized investors. “It It [promises to] completely remove, or disintermediate, the higher market,” he added.

Equity 418

Equity Technology Due diligence Investor 418

Housing Wire

APRIL 30, 2021

“This is further exacerbated by a broader origination landscape that forces lenders to cobble together technology, operational and financing solutions from a variety of players throughout the market to support the lending process from start through close.”. SitusAMC & ReadyPrice. A benefit to brokers and lenders.

Due diligence 321

Due diligence Mortgages Technology Loans 321

Housing Wire

SEPTEMBER 6, 2022

ATP helps lenders turn declined loans into closed loans, and it helps more consumers unlock the generational wealth building power of homeownership. When you send a rent verification request, a busy or uninvolved landlord may simply sign it and confirm a consumer paid their rent on time without the strict due diligence that lenders need.

Due diligence 476

Due diligence Banks Finance Technology 476

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. 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.

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. 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.

Proof of funds 97

Proof of funds Sales Due diligence Banks 97

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 billion closed through March 25 of this year.

Loans 437

Loans Marketing Due diligence Residential 437

The Close

NOVEMBER 12, 2024

This article breaks down seven steps to help you learn how to buy land—covering everything from the pros and cons to financing and closing the sale. As part of your due diligence, here are some factors to explore when purchasing land. Let’s get into it! You can relax if you’re working with a real estate agent or land broker.

Land 98

Land Investor Finance Development 98

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. A well-structured plan will guide your decisions and attract potential partners or investors. 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

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. 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 the Bronx.

Proof of funds 98

Proof of funds Sales Due diligence Banks 98

HomeLight

JANUARY 16, 2025

Investors, both local and out-of-state, are attracted to Augusta for its affordability and excellent quality of life. 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.

Proof of funds 97

Proof of funds Due diligence Sales Banks 97

Housing Wire

JULY 27, 2021

This must be more than just an individual technology or system, but comprehensive, end-to-end solutions that can drive efficiency from application through close to the delivery of loans into the secondary market. That’s what we’re working on building, and we couldn’t be more excited about the value we believe we will deliver.

Industrial 397

Industrial Mortgages Lending Technology 397

Housing Wire

MAY 13, 2022

Can be open or closed: A distributed ledger can be open, like BitCoin, or permissioned to a select group of entities. Simple realities like investor doc delivery can be avoided by virtue of upstream use of blockchain on DLTs. In Fintech we are seeing and increasing number of permissioned blockchain networks.

Due diligence 371

Due diligence Technology Title Banks 371

HomeLight

MARCH 12, 2025

Investors are actively seeking properties in Maui, drawn to the islands high quality of life and thriving tourism industry. 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. No showings, no repairs, no open houses.

Proof of funds 81

Proof of funds Sales Due diligence Banks 81

Marco Santarelli

APRIL 19, 2025

Their models are closely watched by investors, real estate professionals, and anyone considering buying or selling a home. Real Estate Investors: This could be an opportunity to scoop up properties at lower prices, especially in markets that are expected to decline. However, do your due diligence and be aware of the risks.

Marketing 105

Marketing Due diligence Investor Mortgages 105

Housing Wire

MAY 12, 2022

Before we get into how you invest in real estate outside your state, let’s look closely at the benefits so you can see why it’s a good idea for many investors. Suppose you are a hands-on investor who likes to periodically visit your investment. What Are the Benefits of Investing Outside Your State? The Bottom Line.

Property Management 448

Property Management Due diligence Finance Investor 448

Housing Wire

NOVEMBER 16, 2022

David Hrobon, a principal with the Colorado-based mortgage advisory firm the Stratmor Group , in a recent report projected that some 50 merger or acquisition deals will be announced or closed by year’s end, which is 50% more transactions than in 2018 — the prior high-water mark for lender consolidations over the past three decades.

Banks 435

Banks Mortgages Loan Officer Due diligence 435

Housing Wire

NOVEMBER 22, 2023

As we’re implementing technology, we always try to think of things that are going to improve the experience for all stakeholders: homeowners, real estate agents, investors, rating agencies, appraisers, loan officers, mortgage brokers. Everybody is affected by the appraisal process.

Technology 448

Technology Due diligence Development Loan Officer 448

Hank Miller Team

MARCH 3, 2025

"Investors are vilified, especially by the MSM who blame them for anything and everything that ails the housing market. For the most part, investors compete with other investors for inventory. The vast majority of investors are not corporate giants, they are Mom and Pop owners. can they fix and flip?

Investor 52

Investor Due diligence Lending Equity 52

Housing Wire

MAY 5, 2022

Roofstock Marketplace is a platform that brings together investors, both buyers, and sellers, who want to buy or sell property with tenants. 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.

Due diligence 370

Due diligence Finance Principal Sales 370

HomeLight

FEBRUARY 7, 2025

While the local market is showing signs of slowing , demand from both local and out-of-state investors remains strong. 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.

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. Receive your offer in 24 hours and close in as little as 10 days.

Proof of funds 93

Proof of funds Due diligence Sales Banks 93

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. Receive your offer within a week and close in as little as 10 days. Need to Sell Your House Fast in Winchester? No showings, no repairs, no open houses.

Proof of funds 92

Proof of funds Sales Due diligence Banks 92

HomeLight

NOVEMBER 12, 2024

Receive your offer in 24 hours and close in as few as 10 days. 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.

Proof of funds 59

Proof of funds Sales Due diligence Investor 59