Housing Wire

JUNE 10, 2024

Pham has 23 years of marketing experience in the real estate and finance sectors. He previously served eight years as chief marketing officer at CoreVest Finance , where helped the lender surpass $20 billion in loan volume.

Lending 345

Lending Due diligence Finance Loans 345

Housing Wire

MAY 15, 2024

The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions. market share, according to Inside Mortgage Finance (IMF) estimates. On Tuesday, NYCB said it entered into a commitment letter with JPMorgan. The sale is expected to close in the third quarter of 2024. billion; 5.7%).

Loans 468

Loans Mortgages Due diligence Banks 468

Housing Wire

MARCH 15, 2024

CRE assets are subject to a myriad of regulatory requirements, zoning laws, and environmental considerations that don’t apply to home sales, requiring thorough due diligence and compliance measures. Title agencies taking their shot at the CRE space have to understand and navigate the intricacies of commercial financing structures.

Commercial 448

Commercial Brokerage Due diligence Title 448

Housing Wire

OCTOBER 16, 2023

Vendors might not be as experienced with utilizing AI, so asking due diligence questions for for data security is also key, Joseph Zeibert, vice president of FICO , pointed out. “Lenders will have to work with legal, risk, compliance and IT to define AI governance before implementing AI technologies,” Buschman said.

Due diligence 487

Due diligence Lending Technology Mortgages 487

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. Terms of the deal were not disclosed.

Due diligence 370

Due diligence Marketing Finance Loans 370

Housing Wire

JUNE 15, 2023

Donatacci has extensive experience in servicing transactions and subservicing, due diligence, and M&A. executive vice president of special servicing at Selene Finance , and executive vice president of Clayton Holdings, LLC. chief of staff at Impac Holdings Inc.

Investor 369

Investor Due diligence Loans Banks 369

Housing Wire

DECEMBER 6, 2023

The Community Home Lenders of America (CHLA) submitted a letter to the Federal Housing Finance Agency (FHFA) expressing its support for the use of attorney opinion letters (AOLs) on Wednesday. We are not asking [to] supplant title insurance, we are asking to try to create this as an option.”

Title 435

Title Due diligence Land Loans 435

Housing Wire

JUNE 28, 2023

This week, Fannie Mae published a new frequently asked questions (FAQ) document related to RefiNow, the refinancing product announced by the Federal Housing Finance Agency (FHFA) in 2021 that targets low-income borrowers with single-family mortgages backed by the government-sponsored enterprises (GSEs).

Due diligence 370

Due diligence Loans Finance Mortgages 370

Housing Wire

SEPTEMBER 13, 2023

Piercy said savvy MSR buyers have instituted “counterparty diligence forever,” adding that regardless of the repurchase environment, that counterparty review [due diligence] “is critical.” If there is a risk, then they will expand that due diligence to see what else is there, and that’s how buyers protect themselves.

Due diligence 418

Due diligence Marketing Loans Mortgages 418

HomeLight

MARCH 30, 2021

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.

Due diligence 105

Due diligence Inspection Title Pre-approval 105

Housing Wire

APRIL 24, 2024

Almeida Realtor- Team Leader The American Dream Group Coldwell Banker Abhishek Shende Senior Principal Software Engineer Zillow Group Adi Pavlovic CEO Newzip Alnur Kassim-Lakha Director Mile Rock Capital Amy Macken Senior Vice President, Due Diligence Operations Consolidated Analytics Anaid Chacón Senior Vice President of Product Argyle Mortgage Arkadiusz (..)

Principal 459

Principal Due diligence Lending Title 459

Marco Santarelli

OCTOBER 13, 2024

My recommendations are based on publicly available data, but you should always conduct your own thorough due diligence. Charlotte, North Carolina: Charlotte boasts a strong economy, driven by finance, healthcare, and technology. Diverse Economy: A mix of tourism, healthcare, finance, and technology provides economic stability.

Investor 122

Investor Marketing Due diligence Finance 122

Housing Wire

AUGUST 14, 2023

UBS was allegedly aware of these significant problems because it had conducted extensive due diligence on the underlying loans prior to the RMBS being issued to determine whether the loans were consistent with representations that would be made to investors. In the mortgage space, UBS has plans to wind down a business in its U.S.

Due diligence 370

Due diligence Banks Loans Investor 370

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.

Mortgages 321

Mortgages Due diligence Technology Loans 321

Housing Wire

JULY 6, 2022

The Federal Housing Finance Agency (FHFA) will increase its oversight of fourth parties – companies that contract with firms doing business with Fannie Mae and Freddie Mac. The GSEs may also conduct due diligence and monitoring of the third-party risk management programs of their third parties.

Due diligence 418

Due diligence Finance Development Industrial 418

Housing Wire

AUGUST 12, 2022

The reperforming-loan sale is slated to close by late October 2022, after due-diligence period. The Federal Housing Finance Agency oversees Fannie Mae and its sister government-sponsored enterprise Freddie Mac , which have been in conservatorship since 2008 in the wake of the global financial crisis.

Loans 397

Loans Purchase and sale agreement Principal Due diligence 397

Housing Wire

MAY 10, 2022

The Hill case is not a common occurrence in the world of housing finance, but it is far from rare. percent in February 2022,” a March report by the Urban Institute ’s Housing Finance Policy Center states. For finance companies, mortgage-related SARs filings increased from 963 to 15,805 over that period. Loan or Finance Cos.

Mortgages 418

Mortgages Marketing Loans Finance 418

Housing Wire

SEPTEMBER 29, 2023

There were no real surprises to be found in the transaction process that were not previously identified by prior due diligence conducted by Mr. Cooper, Bray added. Now, there may be a period of time that we keep it at the subservicer just from a logistics [or] approval standpoint, but we generally always move it to our platform.”

Due diligence 435

Due diligence Staging Loans Mortgages 435

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . Even though J.P.

Equity 418

Equity Technology Due diligence Investor 418

Housing Wire

MAY 5, 2022

In the best-case scenario, the renter wants to buy the home, has a down payment, and qualifies for standard financing. If the renter doesn’t qualify for financing and/or doesn’t have a large down payment, you can offer seller financing. You can provide financing for a few years (you choose the terms).

Due diligence 370

Due diligence Finance Principal Sales 370

Housing Wire

MAY 12, 2022

Whether cash buyers outbid you or you can’t get financing to cover the high costs, it puts a damper on your goal to add real estate investments to your portfolio. Not everyone will have the finances or desire to buy a home, but you can provide it for them and collect the cash flow. Proximity to Amenities. The Bottom Line.

Property Management 448

Property Management Due diligence Finance Investor 448

Housing Wire

JANUARY 13, 2023

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.

Marketing 448

Marketing Investor Due diligence Loans 448

Housing Wire

APRIL 20, 2021

The public response to the recent Federal Housing Finance Agency (FHFA) Request for Information on appraisal-related issues was significant, with 164 unique written comments. As one might expect, the comments revealed differing opinions.

Technology 418

Technology Lending Due diligence Industrial 418

Housing Wire

MAY 23, 2023

The growing wave of loan-repurchase requests from Fannie Mae and Freddie Mac has yet another major wrinkle, industry sources reveal, and this new problem, if accurate as alleged, threatens to disrupt future merger and acquisition (M&A) activity in the mortgage-finance industry.

Loans 418

Loans Purchase and sale agreement Due diligence Industrial 418

Housing Wire

APRIL 8, 2022

That’s what it looks like to some of the experts behind the scenes who are responsible for rating and conducting due diligence on private label securities (PLS) offerings. PLS is now a diverse market, and mortgage-financing needs continue in many areas,” Franco said. We also saw that on our end.

Marketing 370

Marketing Due diligence Investor Loans 370

Housing Wire

JUNE 18, 2021

Raj Dosaj: Whether you’re an individual looking for a new home or an institution trying to finance, lend to, or buy a large volume of homes, the pace of this housing market requires having as much information as possible, as early in the decision-making process as possible.

Investor 418

Investor Due diligence Loans Technology 418

The Close

NOVEMBER 7, 2024

Do your due diligence on the property, and show up ready to bid. Visit Zillow Step 4: Evaluate Potential Properties Once you’ve spotted potential real estate investment properties, you must dig into the details before moving (aka due diligence). If you flip the property, you can pay them from the proceeds.

Hard money loan 98

Hard money loan Purchase and sale agreement Investor Due diligence 98

Housing Wire

JULY 27, 2021

Our team of real estate experts works with top lenders to provide licensed and unlicensed fulfillment activities, due diligence on loans being sold or securitized into the private market, and the provision of information technology professionals to help clients build, operate, and maintain their own systems.

Industrial 397

Industrial Mortgages Lending Technology 397

Housing Wire

MARCH 17, 2022

Similarly, the Federal Housing Finance Agency ’s [FHFA’s] suspension of the cap on agency purchases of investment properties and second homes this past September has continued to create a drag on those deals flowing into the PLS market. “So, So, the coupons back then were quite a bit lower than market coupons [now].”.

Loans 437

Loans Marketing Residential Due diligence 437

HomeLight

FEBRUARY 20, 2025

Not all purchases are the same, and waiving an appraisal contingency without doing your due diligence first may cost you more money down the line. Financing contingency: The buyer must qualify for a mortgage loan and receive financing for the deal to continue. However, this approach can be risky.

Inspection contingency 75

Inspection contingency Due diligence Home sale contingency Title search 75

HomeLight

JUNE 9, 2023

Believe it or not, there are actually home sellers who offer to loan buyers the money to purchase their property: it’s called owner financing. Learn More What is owner financing? With seller financing, the seller can lend the buyer the additional $40,000 needed to make up the difference. Is owner financing a common practice?

Finance 98

Finance Earnest money deposit Lending Loans 98

Housing Wire

NOVEMBER 22, 2023

So I continued to appraise for a while and then I joined a firm in Boulder as a staff appraiser to do due diligence on their loan level reviews. But I was a senior in college during the dot-com bust and there were no jobs to get coming out of college during that time.

Technology 448

Technology Due diligence Development Loan Officer 448

Realty Biz

MARCH 15, 2021

While blockchain has already been used in sectors like finance and logistics for many years, the technology is now being leveraged within the real estate sector. Portico Direct explains that the whole process of financing real estate is often filled with frustration with all kinds of credit, income, and identity checks.

Technology 145

Technology Due diligence Title Marketing 145

The Close

MARCH 11, 2025

This process involves multiple stages, starting with identifying an FSBO listing to securing appropriate financing and completing the closing procedures. It’s also essential to verify all information provided by the homeowner with proper due diligence to ensure your investment decision is well-informed and data-backed.

Sales 52

Sales Due diligence Investor Finance 52

AAOA

JANUARY 27, 2025

Taking your time and doing your due diligence when considering a particular investment property will always be a crucial step. When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs.

Property Management 80

Property Management Due diligence Finance VA loan 80

AAOA

FEBRUARY 17, 2025

Understand Financing Options Explore different financing methods such as conventional loans, FHA loans, or private financing. Perform Due Diligence Inspect properties thoroughly before purchase to uncover potential issues that could affect profitability.

Due diligence 52

Due diligence FHA loan Investor Property Management 52

Realty Biz

FEBRUARY 19, 2024

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Careful due diligence is necessary to ensure you don't make any significant mistakes. Conducting thorough due diligence is the cornerstone of a successful land purchase.

Land 128

Land Due diligence Title search Finance 128