Housing Wire

SEPTEMBER 11, 2024

As the mortgage industry continues to evolve at breakneck speed, risk management has never been a more critical lynchpin in the lending ecosystem. The risks within seasoned loans often remain unknown until due diligence is performed, making this process critical for making informed investment decisions.

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Due diligence Mortgages Lending Loans 435

Housing Wire

JANUARY 23, 2024

The Santa Ana, California-based financial services company provides solutions including due diligence services, property valuations, mortgage fulfillment and consulting and advisory services.

Due diligence 468

Due diligence Residential Real-estate owned Lending 468

Housing Wire

MAY 7, 2021

New partners and enhancements launched regularly including ability to respond to conditions from Encompass, access to warehouse lending, due diligence, QC and Bid Tape services. Streamlined process shown to improve loan quality, shipping efficiencies and speed to purchase resulting in $49 savings per loan. #3. Get More Info.

Technology 459

Technology Due diligence Mortgages Investor 459

Housing Wire

MAY 20, 2022

That’s why due diligence is a critical element of every mortgage transaction. The purpose of due diligence is to protect lenders by reviewing and verifying all information provided by borrowers to eliminate fraud and other concerns. Of all the factors required for a due diligence review, accuracy is the most critical.

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Due diligence Loans Residential Technology 418

Housing Wire

OCTOBER 16, 2023

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a governance program, industry pros said of AI’s implementation in mortgage lending. Have we developed a model that is in fact fair?

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Due diligence Lending Technology Mortgages 487

Housing Wire

APRIL 22, 2021

“Plus, we’re a due diligence state, so right now if you don’t go way over listing price and offer a substantial due diligence price, there’s no point in even submitting an offer.” ” The current average due diligence is around 3.1% Thankfully, most banks were still lending.

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Due diligence Renovation Lending Land 459

Housing Wire

MAY 15, 2024

The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions. Loans at mortgage warehouse lending , a source of liquidity to independent mortgage bankers (IMB), have good yields, short terms and are highly secured and collateralized. The bank was followed by Flagstar, with $11.8

Loans 468

Loans Mortgages Due diligence Banks 468

Housing Wire

JULY 26, 2022

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage , accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase. After accepting Sprout’s written offer, the parties started the due diligence process. 20, 2022, to Feb. Presented by: Polly.

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Due diligence Mortgages Principal Lending 397

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. The financing for the initial deal was handled through a cryptocurrency lender called Helio Lending.

Mortgages 476

Mortgages Due diligence Equity Loans 476

Housing Wire

JULY 26, 2022

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage , accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase. After accepting Sprout’s written offer, the parties started the due diligence process. 20, 2022, to Feb. Presented by: Polly.

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Due diligence Mortgages Principal Lending 370

Housing Wire

JUNE 3, 2024

State regulators, investors, creditors, business partners, and the public in general conducting due diligence or research are expected to use the information available. According to the CFPB, these orders are usually publicly available but are not comprehensively tracked by interested parties. The final rule is effective on Sept.

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Due diligence Banks Mortgages Lending 480

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 (..)

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Principal Due diligence Lending Title 459

Housing Wire

MARCH 16, 2022

Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. Maxwell looks to digitize the entire mortgage transaction with fulfillment, payments, and due diligence solutions. Encompass eClose will be part of the mortgage fintech Maxwell’s point-of-sale platform.

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Due diligence Loans Technology Lending 397

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In addition, a POS system isn’t shackled by the same need to cater to all aspects of lending as an LOS does. The LOS is a foundational piece of technology for every lender.

Lending 435

Lending Technology Due diligence Loans 435

Housing Wire

DECEMBER 9, 2021

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

Loans Due diligence Residential Mortgages 435

Housing Wire

JANUARY 5, 2023

After its due diligence, Sprout would send a “cleared to purchase” confirmation, which is what happened with a $7,581,712 package of loans originated from January to March 2022, according to Loan America. The mortgage lender has started to respond to some of these claims, denying its allegations. .

Loans 459

Loans Due diligence Loan Officer Mortgages 459

Housing Wire

SEPTEMBER 21, 2021

Growing and investing in relationships and communities in the long term is one of the many opportunities presented by stricter fair lending regulations. Founded in 2016, Maxwell looks to digitize the entire mortgage transaction with fulfillment, payments, and due diligence solutions. Learn more here! Presented by: iEmergent.

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Due diligence Investor Loans Lending 374

Housing Wire

JUNE 28, 2022

One week ago, problems emerged: FGMC’s loan approval, which usually took one business day after due diligence was completed, was taking four days. It’s caused frustration for FGMC’s lending partners. Questioned by UpEquity, FGMC answered that nothing was wrong; they would approve and buy the loans. .

Loans 397

Loans Due diligence Fixed-rate mortgage Lending 397

Housing Wire

DECEMBER 12, 2022

The special purpose acquisition company announced Friday that it signed a non-binding letter of intent with the privately held $3-5 billion asset holding company with nationwide residential mortgage lending and servicing operations. “We

Banks 435

Banks Mortgages Due diligence Technology 435

Housing Wire

JUNE 21, 2022

It plays an essential role in the economics of homeownership, ensuring that credit reaches those who need it and providing safeguards to those who lend it. The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job.

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Title Title search Land Due diligence 518

Housing Wire

APRIL 20, 2022

As mortgage and capital markets become increasingly digital , most lenders, regardless of their lending strategy, will eventually need an eVault, because eVaults are a requirement for moving eNotes through the digital mortgage ecosystem. What’s your company’s lending footprint? within the mortgage ecosystem.

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Lending Due diligence Technology Investor 396

Housing Wire

APRIL 20, 2021

This general alignment matters a great deal as the FHFA, through their oversight of the GSEs, who have the vast majority of the market share, plays a key role in the conforming lending market being the de facto regulator. In these responses, I hear a lending industry clamoring for the freedom to use the “new tools” that already exist.

Technology 418

Technology Lending Due diligence Industrial 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.

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Due diligence Inspection Title Pre-approval 105

Housing Wire

MAY 29, 2024

To get a better picture of these initiatives and priorities, RMD sat down with Shannon Robinson , vice president of reverse mortgage lending at NAF, to gauge the way business is going as the industry navigates both broader mortgage headwinds as well as those unique to the reverse side of the business. We want to see what that person is about.

Loan Officer 448

Loan Officer Mortgages Due diligence Loans 448

Housing Wire

APRIL 30, 2021

In today’s market, mortgage originators are forced to intertwine different software and technology to support the lending process from start to finish. We can work with lenders to prepare their portfolios for secondary market trading through due diligence services, valuations and brokerage activity. Fractured mortgage ecosystem.

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Mortgages Due diligence Technology Loans 321

Housing Wire

JULY 27, 2021

trillion in origination volume and a continuation of tight lending spreads. Then, by late Q1/early Q2 2021, pricing wars were erupting in various channels, margins were falling (rapidly), and the industry was getting ready for a decrease in lending activity in the back half of the year. Entering 2020 the market was expecting <$2.0

Industrial 397

Industrial Mortgages Lending Technology 397

Housing Wire

FEBRUARY 23, 2023

We’re also seeing interest in technology and solutions that support home equity lending. Digital lending solutions also improve loan quality. Being able to add services like documents or eVaults under a single MSA has a lot of advantages in terms of due diligence and vendor management.

Due diligence 397

Due diligence Technology Loans Lending 397

Housing Wire

DECEMBER 3, 2021

She joined CNBF after more than a decade with Seacoast Bank , where she served as senior vice president, residential lending production manager. Compared to 2007 and 2008 there’s more due diligence in mortgage qualifying. HousingWire : What keeps you up at night and why?

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Due diligence Loan Officer Banks Industrial 397

Housing Wire

MARCH 14, 2025

You may find yourself out over your skis, and lending to a title institution to get more capital is a very difficult thing at this time.” The company engages outside counsel for most transactions and outsources certain due-diligence tasks, especially for larger deals requiring specialized expertise.

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Housing Wire

AUGUST 11, 2020

The most abhorrent racist practices, such as redlining, are officially prohibited, yet bias creeps into mortgage lending in myriad ways. But despite what’s at stake for minority communities, they have so far refused to perform such basic due diligence. This makes it more important than ever to consider how the U.S.

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Due diligence Loans Mortgages Development 448

Housing Wire

JANUARY 3, 2023

And one of the many reasons that VA loans default at a lower rate than other loan types, including conventional, is because of the required due diligence to ’protect the property,’ which then protects the homeowner. MPRs protect the borrower, the home, and the financial investment made by all parties.

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VA loan Loans HR Due diligence 83

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

Housing Wire

JUNE 2, 2022

CoreVest is Redwood’s business-purpose/investment-property lending and securitization affiliate.

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Equity Technology Due diligence Investor 418

Housing Wire

NOVEMBER 16, 2022

For the homebuilders he is representing, Hale said acquiring a mortgage-lending operation is a smart way to take advantage of “low-hanging fruit,” among other drivers for such an acquisition. For every 100 buyers who walk into a community showroom, [a homebuilder] sells 8% to 15% of those buyers a home in their community,” Hale said.

Banks 435

Banks Mortgages Loan Officer Due diligence 435

Realty Biz

OCTOBER 3, 2023

Among the various sectors, mortgage lending stands out as an area experiencing considerable transformation. This acceleration in processing times fosters efficiency, reduces human errors, and streamlines the overall lending experience for both lenders and borrowers.

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Lending Mortgages Due diligence Technology 93

RIS Media

MAY 26, 2023

Setpoint has acquired Resolute Diligence Solutions, a due diligence provider focused on Single Family Rental (SFR) and Residential Transition Loans (RTL). The combination of Resolute’s outstanding service and Setpoint’s technology will revolutionize fintech lending.

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Due diligence Lending Residential Technology 111

AAOA

JANUARY 27, 2025

Taking your time and doing your due diligence when considering a particular investment property will always be a crucial step. Morgan Chase Commercial Term Lending, Successful real estate investing isnt just about choosing the best property; its also about securing the best possible interest rate and managing cash flow.

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Property Management Due diligence Finance VA loan 80