Housing Wire

JUNE 10, 2024

Los Angeles -based Dunmor , a technology -enabled lender that specializes in loans for residential real estate investors , has added a pair of experienced executives in the business-purpose lending space. He previously managed a portfolio of business-purpose loans and nonqualified mortgages with a value of more than $2 billion.

Lending 345

Lending Due diligence Finance Loans 345

Housing Wire

MARCH 2, 2021

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 355

Title Lending Due diligence Title search 355

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. million loans and reviewing over 300 million documents. million loans and reviewing over 300 million documents.

Due diligence 424

Due diligence Mortgages Lending Loans 424

Housing Wire

DECEMBER 9, 2021

has sponsored 18 private-label transactions so far in 2021 backed by more than 20,000 loans valued collectively at $9.9 Goldman Sachs’ string of residential mortgage-backed securities (RMBS) offerings this year were dominated by a dozen prime jumbo-loan deals backed by loan pools valued at $7.7

Loans 435

Loans Due diligence Residential Mortgages 435

Housing Wire

JUNE 28, 2022

Roughly a year ago, the Austin-based fintech began to sell its loans to First Guaranty Mortgage Corporation (FGMC), a lender and investor that specializes in non-qualified mortgage loans and is controlled by behemoth investment management firm Pacific Investment Management Company (PIMCO). . ” . Mispricing at FGMC? .

Loans 397

Loans Due diligence Fixed-rate mortgage Lending 397

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. Make sure they also can scale to your specific loan needs. Product diversification.

Due diligence 418

Due diligence Loans Residential Technology 418

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

Encompass Investor Connect is a built-in, no additional cost feature within the Encompass Loan Origination System which enables lenders to seamlessly deliver loans to investors from Encompass – resulting in 40% fewer conditions, 1 day faster purchases and $49/loan savings. Product Fast Facts. #1. Get More Info.

Technology 415

Technology Due diligence Mortgages Investor 415

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. So, it’s not just our loans supplying into this ecosystem … it could be any originator.”.

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. 15, 2022, for the purchase of 51 loans, with a total principal value of $32,864,270. 20, 2022, to Feb. Presented by: Polly.

Due diligence 397

Due diligence Mortgages Principal Lending 397

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?

Due diligence 487

Due diligence Lending Technology Mortgages 487

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. 15, 2022, for the purchase of 51 loans, with a total principal value of $32,864,270. 20, 2022, to Feb. Presented by: Polly.

Due diligence 370

Due diligence Mortgages Principal Lending 370

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

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. Congress passed the SAFE Act, requiring mortgage loan originators to be registered and licensed. The final rule is effective on Sept. In 2008, the U.S.

Due diligence 479

Due diligence Banks Mortgages Lending 479

Housing Wire

MARCH 16, 2022

Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. But the new partnership will bring the eClosing workflow electronically, securing valuable savings on lenders per loan costs, the company said. Maxwell connected the popular Encompass LOS to its point-of-sale platform in 2019.

Due diligence 397

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.” Adjust your expectations At its core, an LOS is designed to serve a very specific purpose: ensuring that lenders can originate compliant and sellable loans.

Lending 435

Lending Technology Due diligence Loans 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.

Title 518

Title Title search Land Due diligence 518

Housing Wire

MAY 29, 2024

And it seeks to expand the number of available loan officers and strategic development tools to continue building on the momentum that company executive say they’re seeing in the space. ” Clow: How does your team approach bringing these traditional loan officers up to speed with reverse? We want to see what that person is about.

Loan Officer 447

Loan Officer Mortgages Due diligence Loans 447

Housing Wire

SEPTEMBER 21, 2021

Six months after raising capital, digital mortgage startup Maxwell announced Tuesday the launch of a trading platform to provide community lenders access to the secondary market, connecting these loan sellers to buyers. Also, the startup will use its own capital to buy loans from community lenders. Learn more here! mortgage market.

Due diligence 356

Due diligence Investor Loans Lending 356

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.

Lending 395

Lending Due diligence Technology Investor 395

Housing Wire

JULY 27, 2021

trillion in origination volume and a continuation of tight lending spreads. Origination volume doubled expectations and wide gain-on-sale margins brought on by record low mortgage rates forced the industry to increase their capacity to meet surging loan demand. Entering 2020 the market was expecting <$2.0 We got the exact opposite.

Industrial 397

Industrial Mortgages Lending Technology 397

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. Because of this, originators are having to mimic technology companies instead of focusing on buying and selling, underwriting credit risk and servicing loans. “No

Mortgages 321

Mortgages Due diligence Technology Loans 321

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

FEBRUARY 23, 2023

We’re also seeing interest in technology and solutions that support home equity lending. Having said that, prospects are mindful about costs per loan and asking us, and all their tech partners, for evidence of ROI so that they can sell these projects to management. Digital lending solutions also improve loan quality.

Due diligence 397

Due diligence Technology Loans Lending 397

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. The Chenoa Fund has, for example, provided independent data showing that default rates on loans we’re involved with are well below HUD averages. It’s a serious challenge.

Due diligence 448

Due diligence Loans Mortgages Development 448

Housing Wire

JANUARY 3, 2023

My hope is that many of the features and policies that have made the VA loan the safest mortgage in the U.S. Personally, tracking the occurrences of over 2,700 VA loans through Vetted VA for 2021, I can tell you that professionals — who truly know the VA loan — don’t hate the current VA appraisal process.

VA loan 83

VA loan Loans HR Due diligence 83

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. While borrowers can shop online these days and follow an automated experience, it doesn’t equate to working with a seasoned professional loan officer and learning what to expect first-hand.

Due diligence 397

Due diligence Loan Officer Banks Industrial 397

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. However, these visits take time and, like appraisals, are subjective.

Investor 418

Investor Due diligence Loans Technology 418

Housing Wire

JUNE 2, 2022

Ginnie announced earlier this year that its Innovation Lab is exploring the use of blockchain and distributed-ledger technologies for potential future use in loan-pool issuance, servicing and bond management. “And on the other side, you see, well, that just means I’m going to make less when making a loan.

Equity 418

Equity Technology Due diligence Investor 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

NOVEMBER 16, 2022

trillion in loans, about half of 2021’s $4.4 Within the past week, one of the nation’s largest retail mortgage lenders, Charlotte-based Movement Mortgage , announced the acquisition of Mortgage Network, a deal that would add $2 billion in annual loan volume, 250 mortgage professionals and 31 branch offices to its network.

Banks 435

Banks Mortgages Loan Officer Due diligence 435

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.

Due diligence 111

Due diligence Lending Residential Technology 111

Realty Biz

OCTOBER 3, 2023

Among the various sectors, mortgage lending stands out as an area experiencing considerable transformation. By employing algorithms to analyze applicants’ financial information, lenders can swiftly determine loan eligibility. Operationalizing AI Successfully integrating AI into existing systems requires a thoughtful approach.

Lending 93

Lending Mortgages Due diligence Technology 93

AAOA

JANUARY 27, 2025

Taking your time and doing your due diligence when considering a particular investment property will always be a crucial step. Your rental income, operating costs and the amount of your mortgage loan are factors that influence your ROI. Or are you an old pro adding another investment property to your real estate portfolio?

Property Management 80

Property Management Due diligence Finance VA loan 80

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. Next, we'll explore financing options and the specifics of land loans, a critical step in acquiring land.

Land 128

Land Due diligence Title search Finance 128

Realtor.com

AUGUST 13, 2020

This is presuming you aren’t planning to make an all-cash offer to a seller, but rather need a loan to make your goal of home buying happen. If your finances are in good shape, you can get mortgage pre-approval, which is a contract that the lender will lend you a certain amount of money. Step 2: Find your dream home.

Pre-approval 143

Pre-approval Pre-qualification Due diligence Loans 143

HomeLight

MAY 27, 2021

But when it comes to one of the key aspects of buying that home — how to get a mortgage loan — you may draw a blank. We include advice from an agent who has worked with hundreds of new buyers, descriptions of different loans, and information about the many kinds of paperwork you’ll deal with. Source: (Matthew Henry / Burst).

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Loans Mortgages Title FHA loan 98