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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.

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How one mortgage fulfillment service increases efficiencies while minimizing risks

Housing Wire

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. That gives us the ability to offer a span of comprehensive proven product options throughout the entire loan lifecycle.

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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 fact, our industry is so important that throughout the COVID-19 pandemic, title insurance professionals were deemed essential by the federal government. Why is a title search necessary for refinancing?

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Stepping up the fight against fraud in mortgage lending

Housing Wire

One emerging form of fraud we have seen plaguing our industry has nothing to do with the loan manufacturing process, but rather with the labor used to generate the loans. Given the historic volatility of 2020 (driving loan demand) and the search for elusive industry experience, underwriters have become a prized catch.

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Due Diligence in Real Estate

AAOA

Due diligence is a critical step in purchasing real estate. This includes performing physical due diligence on the building, financial due diligence by reviewing financial records and all the paperwork, and legal due diligence to ensure everything is in order from a legal perspective.

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Killer Tips For Preparing to Get a Home Loan

Realty Biz

Most people need to get help from a lender to buy a home, and applying for a loan can be difficult at times. With a good credit history and a score that's above 700, you will more easily qualify for a loan and benefit from better rates and terms. These costs can be as much as 5% of the loan amount. Build Your Credit.

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Considering Waiving the Appraisal Contingency? Here’s What to Know

HomeLight

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.