Remove homeowner
article thumbnail

Opinion: Title insurance is vital to protecting the American dream

Housing Wire

The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job. In a refinancing, homeowners obtain a new loan and lenders require a new title search and a title insurance policy on that loan to protect their investment. Why is a title search necessary for refinancing?

Title 518
article thumbnail

Cenlar FSB names Thomas Donatacci as investor relations officer

Housing Wire

Donatacci has extensive experience in servicing transactions and subservicing, due diligence, and M&A. Donatacci’s former roles include executive vice president of business development at The Money Source Inc. Prior to joining Cenlar, Donatacci held executive positions at various organizations in the mortgage industry.

Investor 369
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The crypto-mortgage is the new kid on the block

Housing Wire

Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints. LauraMac is a software as a service, or SaaS, firm that provides due-diligence automation tools for the secondary market.

Mortgages 476
article thumbnail

Goldman Sachs plants its flag in the jumbo-loan gold rush

Housing Wire

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. Goldman Sachs did not reply to a request for comment.

Loans 435
article thumbnail

Class Valuation’s CIO on solving the appraisal conundrum

Housing Wire

Another example is the LIDAR that’s now available on iPhones, which adds a whole other dynamic to developing point cloud technology to gather measurements and spatial information about anything that you’re scanning. Now, we’re giving a fully transparent data package to the appraiser that they have to use to develop their opinions.

article thumbnail

Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

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.

article thumbnail

Single-family rental market slammed by headwinds

Housing Wire

The third deal in motion, also backed in part by investment properties, is now undergoing due-diligence review. It is an estimated 470-loan securitization — with no value yet assigned in the due-diligence documents filed with the U.S. Securities and Exchange Commission. That is a significant slowing.”.

Marketing 448