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

Housing Wire

There is constant movement in the mortgage industry with the desire for growth and expansion. 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.

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Industry veterans launch Canopy in bid to shake up residential due diligence space

Housing Wire

Residential due diligence is an area of the mortgage ecosystem that’s overdue for disruption, according to two industry veterans who want to offer something completely different in the due diligence space through their newly launched company, Canopy. That’s why it has to be done over and over again.”.

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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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Incenter acquires due diligence firm Edgemac

Housing Wire

Incenter is adding a third-party due diligence review firm to its umbrella of companies. Edgemac , which Incenter acquired at the end of last year, does due diligencing for mostly non-QM and jumbo loans, as well as private label reverse mortgages that could eventually be securitized.

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Title Success enters the M&A matchmaking business

Housing Wire

Once users find a company they would like to acquire, they can then begin a due-diligence process run by the team at Title Success. “We This new site will transform how buyers and sellers in the title industry find each other,” Marcus Hunt, a co-founder and partner of Title Success, said in a statement.

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Services provider Adfitech rebrands as Mortgage Connect Risk Solutions

Housing Wire

Oklahoma -based Adfitech , a mortgage industry partner for quality control and risk management services, has changed its name to Mortgage Connect Risk Solutions. In February 2024, industry veteran Kim Hoffman was hired as president of the new affiliate. It reports that its 300-plus clients include several major U.S.

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Underwriter shortage slowing the pace of private-label deals

Housing Wire

One group of industry players — loan underwriters — are the chief cause of the logjam. The same was the case with industry groups and regulators like the Mortgage Bankers Association , the National Association of Mortgage Underwriters and the U.S. About a half-dozen RMBS issuers also were contacted for this story, including J.P.