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Covius to acquire Nationwide Title Clearing

Housing Wire

. “Our robust solutions span origination, servicing and capital markets segments, offering loss mitigation and loan modification services, document and critical borrower communications, title and settlement services, auction and REO asset disposition, verifications and due diligence.

Title 370
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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.

Title 352
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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
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The crypto-mortgage is the new kid on the block

Housing Wire

LauraMac is a software as a service, or SaaS, firm that provides due-diligence automation tools for the secondary market. Its technology is used by third-party due diligence firms that assess mortgage pools in securitization transactions in the private label market. .

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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. National mortgage loan subservicer Cenlar FSB announced on Thursday that it has named the Thomas Donatacci as its investor relations officer.

Investor 369
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CEO of property preservation company MCS on opportunities in reverse

Housing Wire

After performing its due diligence to determine the market status and business opportunity that would come with entering the space, MCS CEO Craig Torrance believes that an entry into reverse could be beneficial for both his company and the wider reverse mortgage industry.

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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