Housing Wire

DECEMBER 16, 2021

A recent report by the Kroll Bond Rating Agency , however, raises a yellow flag about current loan-review practices in the private-label market that requires examination of the sausage-making. The concept is simple: A random sample of loans is selected for due-diligence review from a larger pool of loans that often numbers in the thousands.

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Due diligence Loans Investor Mortgages 418

Housing Wire

OCTOBER 23, 2023

From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract. Valuation – The valuation stage can also be considered the preliminary due diligence stage. Once an offer is accepted, the full due diligence stage commences.

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Housing Wire

MAY 20, 2022

That’s why due diligence is a critical element of every mortgage transaction. The purpose of due diligence is to protect lenders by reviewing and verifying all information provided by borrowers to eliminate fraud and other concerns. Experience and market acceptance. There are too many factors involved.

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Due diligence Loans Residential Technology 418

Housing Wire

JANUARY 5, 2022

SitusAMC subsidiary Securent is expanding its reach into the private-label market with plans to soon introduce a loan-defect insurance product for residential mortgage-backed securities (RMBS) transactions, according to executives from both companies. SitusAMC CEO Michael Franco.

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Due diligence Marketing Loans Mortgages 418

Housing Wire

APRIL 18, 2024

A large portion of those loans, once repurchased from the government-sponsored enterprises (GSEs) at par, were later resold for much less in the so-called “scratch and dent market. The overarching goal of prefunding QC is to ward off problems before they become issues on closed loans.

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Loans Due diligence Investor Technology 448

Housing Wire

SEPTEMBER 13, 2022

Fitch Group , the parent of bond-rating firm Fitch Ratings , is acquiring a majority ownership stake in capital-markets fintech company dv01 — which provides data and analytics services to the structured-finance market. The post Fitch Group adding capital-markets fintech dv01 to its fold appeared first on HousingWire.

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Housing Wire

DECEMBER 2, 2021

The mortgage industry is contending with a loan-underwriter shortage that has acted like a governor on an engine — slowing the pace of a fast-growing private-label securitization market. Executives with TPR firms and the bond-rating agencies that make use of their due-diligence reviews agree the problem is a big challenge.

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Due diligence Mortgages Technology Loans 397

Housing Wire

SEPTEMBER 14, 2021

Terms of the deal, which is expected to close in the fourth quarter of 2021, were not disclosed. Founded in 1991, Florida-based NTC also does collateral research and property reports; capital markets transactions and file services; and default servicing and title curing.

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Title Due diligence Closing Loans 370

Housing Wire

MARCH 2, 2021

HousingWire spoke with Steve Greenfield, Altisource General Manager of Mortgage Real Estate Solutions, about the state of the mortgage market and how Altisource’s HomeVal solution is benefiting lenders. HousingWire: What are some due diligence and underwriting challenges loan originators face today? It’s easy to see why.

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Housing Wire

MAY 15, 2024

The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions. The sale is expected to close in the third quarter of 2024. market share, according to Inside Mortgage Finance (IMF) estimates. market share, the IMF data shows. billion in volume and a 12.3%

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Loans Mortgages Due diligence Banks 468

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. When the market returns to normal levels, these companies can scale with fewer resources and less capital,” he said.

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Housing Wire

JUNE 21, 2022

The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job. There has been a great deal of innovation around purchasing homes, making credit available, and closing real estate transactions. Real estate is a $3 trillion industry in the United States.

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Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I There is also some pent-up desire to sell being released by a steadier interest rate environment and an overall slower market.

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Marketing Seller concession Due diligence Days on market 448

Housing Wire

MARCH 15, 2024

Market conditions have certainly trended downward for residential or commercial real estate. Traditionally, joint ventures have been perceived as a means to diversify revenue streams and expand market reach, primarily within the residential sector. CRE firms are also suffering through the highest interest rates seen in years.

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Commercial Brokerage Due diligence Title 448

Housing Wire

JULY 26, 2022

After accepting Sprout’s written offer, the parties started the due diligence process. Between navigating a post-pandemic world, rate hikes and the threat of a recession, mortgage lenders across the country are managing a volatile housing market. New Wave said it requested bids from multiple investors from Jan. 20, 2022, to Feb.

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Due diligence Mortgages Principal Lending 397

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. By one estimate , the global cryptocurrency market, although volatile, is valued today at around $1.8

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Mortgages Due diligence Equity Loans 476

Housing Wire

MARCH 17, 2022

The rate volatility created by fast-rising inflation, now approaching 8% annualized , and the opposing flight to quality sparked by the war in Ukraine, is complicating an already challenging execution environment in the private-label securities market. And three more hikes are planned for 2023.).

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Loans Marketing Residential Due diligence 437

Housing Wire

JULY 26, 2022

After accepting Sprout’s written offer, the parties started the due diligence process. Between navigating a post-pandemic world, rate hikes and the threat of a recession, mortgage lenders across the country are managing a volatile housing market. New Wave said it requested bids from multiple investors from Jan. 20, 2022, to Feb.

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Due diligence Mortgages Principal Lending 370

Housing Wire

APRIL 7, 2022

Fannie Mae is marketing its 25th sale of reperforming loans since its first offering six years ago and its second sale so far in 2022. The sale of reperforming loans (RPLs) is being marketed in collaboration with Citigroup Global Markets , with bids due by May 3, 2022. million; and pool 3, $367.4

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Loans Sales Principal Due diligence 370

Housing Wire

SEPTEMBER 21, 2021

Six months after raising capital, digital mortgage startup Maxwell announced Tuesday the launch of a trading platform to provide community lenders access to the secondary market, connecting these loan sellers to buyers. mortgage market. The company claims it has 250 lenders and facilitated over $60 billion in loan volume last year.

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Due diligence Investor Loans Lending 373

Marco Santarelli

APRIL 19, 2025

Is the housing market about to take a tumble? It is a dramatic shift that signals the company is growing increasingly bearish on the housing market's near future. Housing Market Crash Alert? Their models are closely watched by investors, real estate professionals, and anyone considering buying or selling a home.

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Marketing Due diligence Investor Mortgages 105

Housing Wire

MAY 16, 2023

The deal, announced on Tuesday, expands Denver, Colorado-based Maxwell’s secondary market trading platform and brings hundreds of new clients to the company’s other solutions. According to Paasonen, the expectation is that LenderSelect will enable Maxwell to expand its secondary market trading platform, known as Maxwell Capital.

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Mortgages Due diligence Banks Technology 418

Housing Wire

AUGUST 12, 2022

The reperforming-loan sale is slated to close by late October 2022, after due-diligence period. The loan offering is being marketed with assistance from Citigroup Global Markets Inc. Bids for the FNA 2022-RPL4 offering are due by Sept. billion, according to an analysis of the agency’s records.

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Loans Purchase and sale agreement Principal Due diligence 397

Housing Wire

FEBRUARY 23, 2023

HousingWire: What kind of impact has the overall deceleration of the mortgage market had on the adoption of digital technology over the past few quarters? Two years ago when the market was booming, many lenders were too swamped to focus on digital transformation projects; now their focus is on cost reduction.

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Due diligence Technology Loans Lending 397

Housing Wire

APRIL 16, 2021

As the refinance wave gives way to a purchase market, consolidation is already upon us – even in the title industry. This means that, after tremendously profitable years for many in the settlement services space, we’ll be seeing buyers building their market share via acquisition and sellers seeking to cash in at the top of their value.

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Title Industrial Due diligence Technology 370

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.

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Due diligence Banks Finance Technology 476

Housing Wire

APRIL 30, 2021

In today’s market, mortgage originators are forced to intertwine different software and technology to support the lending process from start to finish. To make the mortgage process more of a cohesive ecosystem, there needs to be a seamless platform that connects originators and the secondary market. A solution for the secondary market.

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Mortgages Due diligence Technology Loans 321

Housing Wire

NOVEMBER 13, 2023

It’s the backbone of the lending process , responsible for handling complex calculations, managing compliance and orchestrating a multitude of moving parts to transform an application into a closed loan. This creates a modular approach, empowering lenders to assemble a tech stack that aligns with their specific vision for borrower engagement.

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Lending Technology Due diligence Loans 435

Housing Wire

JUNE 28, 2022

One week ago, problems emerged: FGMC’s loan approval, which usually took one business day after due diligence was completed, was taking four days. Depending on the month, FGMC bought between one-fourth and one-third of the loans UpEquity sold to investors through the correspondent channel. Mispricing at FGMC? . ” .

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Loans Due diligence Fixed-rate mortgage Lending 397

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. HousingWire: What do you think will be t he big themes for the housing market in 2022? The good news is that there’s a lot of cash in the market.

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Due diligence Loan Officer Banks Industrial 397

HomeLight

NOVEMBER 28, 2024

If you’re a homeowner in Stockton looking to sell your property quickly and without the challenges of traditional listings, working with cash home buyers is a good alternative to the traditional market. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses.

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Proof of funds Due diligence Sales Investor 111

Housing Wire

APRIL 20, 2022

They enable lenders to originate and securely hold eNotes and accelerate capital market transactions. As mortgage and capital markets become increasingly digital , most lenders, regardless of their lending strategy, will eventually need an eVault, because eVaults are a requirement for moving eNotes through the digital mortgage ecosystem.

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Lending Due diligence Technology Investor 396

HomeLight

NOVEMBER 27, 2024

Virginia Beach’s housing market is cooling, with homes taking longer to sell. Receive your offer in 24 hours and close in as few as 10 days. Searching online for “We Buy Houses for Cash” companies is another option, but keep in mind many follow the 70% rule, offering less than market value.

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Proof of funds Sales Due diligence Investor 98

Housing Wire

JANUARY 31, 2025

Online $293 Colorado Real Estate School CRE courses are designed by Colorado-based brokers, so courses are specific to the local market. Therefore, you should do your due diligence on your brokerage before investing in an E&O policy. If you thrive in a classroom setting, go for in-person options. Need flexibility?

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Pre-approval Brokerage Due diligence As-is 336

Housing Wire

MARCH 11, 2022

In relation other top 10 reverse mortgage lenders, Fairway stands out by making a concerted effort to cultivate more H4P business in an environment where many other reverse mortgage companies have spent much of the past 12-18 months focused on HECM-to-HECM (H2H) refinances, according to data compiled by Reverse Market Insight ( RMI ).

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FHA loan Due diligence Loan Officer Loans 370

HomeLight

JANUARY 14, 2025

With the recent slowdown in the Macon housing market due to high interest rates, now may be an opportune time to explore a cash sale, especially if you prioritize a quick and seamless transaction. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses.

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Proof of funds Sales Due diligence Banks 95

Marco Santarelli

MARCH 18, 2025

If you're wondering about Places in Florida with “Very High” risk of Home price crash , the latest data from CoreLogic has pinpointed them, and yes, you need to know about this if you're buying, selling, or just plain curious about the market. They were building for a market that might not be quite as hot anymore.

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Marketing Due diligence As-is Development 119