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Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. In a typical transaction, the due diligence checklist can be overwhelmingpages upon pages in length. Also, have any employees been promised future equity in the seller? All these items matter.

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QC Ally acquires due diligence solutions firm Inglet Blair

Housing Wire

Loan quality and audit services company QC Ally on Thursday announced the acquisition of third-party due diligence solutions company Inglet Blair. Inglet has joined QC Ally as an equity partner. “We Terms of the deal were not disclosed.

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How is the mortgage rate environment affecting due diligence? 

Housing Wire

HousingWire recently spoke with Brian Adams, Division President of Due Diligence at Consolidated Analytics , about due diligence in the current mortgage market. HW: How is the rate environment affecting due diligence? HW: What does due diligence look like for different types of loans?

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How hybrid title and valuations help increase lending efficiency

Housing Wire

HousingWire: What are some due diligence and underwriting challenges loan originators face today? Steve Greenfield: Lenders have always faced certain challenges when meeting necessary due diligence and providing accurate underwriting services. With the pandemic, they can be even more difficult these days.

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The crypto-mortgage is the new kid on the block

Housing Wire

The crypto-mortgages originated by LoanSnap so far are more akin to home-equity loans as opposed to home-purchase or rate-and-term refinance loans. LauraMac is a software as a service, or SaaS, firm that provides due-diligence automation tools for the secondary market. To date, LoanSnap has originated about $7.3

Mortgages 476
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NYCB to sell $5B in mortgage warehouse loans to JPMorgan

Housing Wire

The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions. On March 6, the company received $1 billion in equity investment , led by former U.S. Department of Treasury Secretary Steven Mnuchin’s private equity firm, Liberty Strategic Capital.

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Denver-area Realtor associations release statement on REcolorado sale

Housing Wire

REcolorado was surprised to learn this week that its primary shareholders — the Denver Metro Association of Realtors (DMAR) and the South Metro Denver Realtor Association (SMDRA) — have agreed to sell the company to a private equity firm.