Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like? Factors like location and condition of the property and the market demand for REO and other existing home sales, impact the current landscape for REO assets. HW: What are the risk management challenges for REO assets?

Due diligence 434

Due diligence Marketing Mortgages New Construction 434

Housing Wire

MARCH 22, 2024

Unlike many other metropolitan areas across the country , the housing market in Southwest Florida is comparably flush with for-sale inventory. “I There is also some pent-up desire to sell being released by a steadier interest rate environment and an overall slower market.

Marketing 448

Marketing Seller concession Due diligence Days on market 448

Housing Wire

OCTOBER 10, 2023

“We’ve wanted to bring our company to the next level for a while now, and by joining Compass, we know we can do that through increasing brand awareness and our average sales price,” Pimentel said in a statement. She continued: “We did our due diligence and reviewed other brokerages. million in sales volume in 2022.

Due diligence 435

Due diligence Brokerage Branding Agents 435

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. By one estimate , the global cryptocurrency market, although volatile, is valued today at around $1.8

Due diligence 476

Due diligence Mortgages Equity Loans 476

Housing Wire

MARCH 15, 2024

Market conditions have certainly trended downward for residential or commercial real estate. Traditionally, joint ventures have been perceived as a means to diversify revenue streams and expand market reach, primarily within the residential sector. CRE firms are also suffering through the highest interest rates seen in years.

Commercial 448

Commercial Brokerage Due diligence Title 448

Housing Wire

MAY 15, 2024

The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions. The sale is expected to close in the third quarter of 2024. market share, according to Inside Mortgage Finance (IMF) estimates. market share, the IMF data shows. The bank was followed by Flagstar, with $11.8

Loans 466

Loans Mortgages Due diligence Banks 466

Housing Wire

MARCH 27, 2024

Single-family rental (SFR) investors also rely on AVMs to assess asset portfolios, guide leasing and sale decisions, and ensure thorough due diligence. “We and is regularly updated to offer comprehensive insights into the nation’s housing market.

Due diligence 459

Due diligence Investor Residential Commercial 459

Housing Wire

OCTOBER 16, 2023

If you are using it in marketing, we need to make sure it does not infringe intellectual property,” Stucky said at an AI session at the 2023 Mortgage Bankers Association Annual Convention & Expo in Philadelphia on Monday. “With this rapidly evolving technology, there are a lot of risks.

Due diligence 485

Due diligence Lending Technology Mortgages 485

Housing Wire

MARCH 2, 2021

HousingWire spoke with Steve Greenfield, Altisource General Manager of Mortgage Real Estate Solutions, about the state of the mortgage market and how Altisource’s HomeVal solution is benefiting lenders. HousingWire: What are some due diligence and underwriting challenges loan originators face today? Altisource does.

Title 329

Title Lending Due diligence Title search 329

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

MAY 10, 2022

Hill also was accused of defrauding his employer out of $480,000 in sales commissions. As the housing market enters a purchase-market cycle sparked by rising mortgage rates that have killed off a long-running refinance boom, we can expect to see mortgage-fraud schemes proliferate, industry experts say. month over month.

Mortgages 418

Mortgages Marketing Loans Finance 418

Housing Wire

OCTOBER 7, 2024

(Photo courtesy of Willie & Kim Photography) Mortgage industry leaders expect more mergers and acquisitions (M&A) in 2025, fueled by declining interest rates and renewed market confidence after two years of what they describe as “modest activity.” Rates are starting to go down.

Industrial 411

Industrial Mortgages Due diligence Technology 411

Housing Wire

JULY 10, 2024

In addition to general advisory consulting, I was involved in nearly 1,000 sales or acquisitions of entities in this industry. Like many, I read with some interest the controversy surrounding the announced sale of REColorado, a Denver market area MLS , by its two shareholders to a private group.

Purchase and sale agreement 435

Purchase and sale agreement Due diligence MLS Brokerage 435

Housing Wire

MAY 16, 2023

The deal, announced on Tuesday, expands Denver, Colorado-based Maxwell’s secondary market trading platform and brings hundreds of new clients to the company’s other solutions. According to Paasonen, the expectation is that LenderSelect will enable Maxwell to expand its secondary market trading platform, known as Maxwell Capital.

Mortgages 416

Mortgages Due diligence Banks Technology 416

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. The reperforming-loan sale is slated to close by late October 2022, after due-diligence period. billion, according to an analysis of the agency’s records.

Loans 397

Loans Purchase and sale agreement Principal Due diligence 397

Housing Wire

MARCH 17, 2022

The rate volatility created by fast-rising inflation, now approaching 8% annualized , and the opposing flight to quality sparked by the war in Ukraine, is complicating an already challenging execution environment in the private-label securities market. And three more hikes are planned for 2023.).

Loans 409

Loans Marketing Due diligence Residential 409

Housing Wire

MARCH 21, 2022

When the time comes to enter the mergers and acquisitions stage, either to cash in or to accelerate growth, so many of these same professionals cast caution to the wind and step into the market with little to no experience or understanding of the possibilities. Making a plan. Instead, it starts with the “why.”.

Title 369

Title Due diligence Equity Branding 369

Housing Wire

AUGUST 14, 2023

billion in penalties to settle a civil action alleging misconduct related to the underwriting, issuance and sale of residential mortgage-backed securities (RMBS) before the 2008 financial crisis. Swiss bank UBS AG announced Monday it has agreed to pay $1.43 The settlement with the U.S.

Due diligence 369

Due diligence Banks Loans Investor 369

Housing Wire

NOVEMBER 28, 2022

Continued strength in the rental market, punitive LLPAs from the Agencies and the continued growth of short-term rentals such as AirBnB and VRBO all contribute to this trend.” Their performance may depend on certain aspects of a property’s rental market (e.g., Rent growth has also slowed to 10.1% in April, according to CoreLogic.

Pre-qualification 435

Pre-qualification Due diligence Investor Loans 435

Housing Wire

APRIL 30, 2021

There’s mortgage point of sale software, product price eligibility, CRM and LOs. In today’s market, mortgage originators are forced to intertwine different software and technology to support the lending process from start to finish. A solution for the secondary market. Fractured mortgage ecosystem. SitusAMC & ReadyPrice.

Due diligence 321

Due diligence Mortgages Technology Loans 321

Housing Wire

NOVEMBER 13, 2023

Expand your horizons As the front-end technology mortgage borrowers often interact with first, the point-of-sale (POS) system is the most logical starting point for lenders to build the unique borrower experiences they desire. Instead, lenders should focus on identifying the right tools for the job and setting realistic expectations for each.

Lending 435

Lending Technology Due diligence Loans 435

Housing Wire

DECEMBER 6, 2023

A home purchase or sale might be the most significant financial commitment a person makes in their lifetime, and many sales are layered with complicated feelings. But as history has proven, although the market fluctuates in the short term, it reaches new heights in the long term. Real estate transactions are rarely stress-free.

Due diligence 435

Due diligence Technology Commercial Property Management 435

Housing Wire

APRIL 20, 2022

They enable lenders to originate and securely hold eNotes and accelerate capital market transactions. 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.

Lending 391

Lending Due diligence Investor Technology 391

Housing Wire

JULY 27, 2021

HousingWire recently spoke with SitusAMC CEO Michael Franco about the current market outlook and how lenders can focus on efficiency and stay agile in the midst of market shifts. HousingWire: What’s driving lenders’ need for agility and efficiency in the current market? Entering 2020 the market was expecting <$2.0

Industrial 397

Industrial Mortgages Lending Technology 397

Housing Wire

DECEMBER 30, 2024

In the 16 years since the peak of the Global Financial Crisis, the structured products industry has transformed from a market dominated by large banks to one with space for new players. Non-QM market share grew from less than 3% of U.S. mortgages in 2020 to 5% in 2024 (Scotsman Guide).

Banks 397

Banks Due diligence Residential Investor 397

Housing Wire

AUGUST 11, 2020

In the early 2000s, many — including myself — believed empowering someone with a home for sale to contribute to the buyer’s down payment was a small way to help deserving families. But despite what’s at stake for minority communities, they have so far refused to perform such basic due diligence.

Due diligence 448

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. Veterans have felt hostage to the current system in these smaller markets, and I think that is an appropriate analogy.

VA loan 83

VA loan Loans HR Due diligence 83

Housing Wire

MAY 26, 2023

The property is then listed, typically below market value to generate interest in the listing. When it comes to close on the sale of the property the scammer will request a remote notary signing. In addition to the frequent comings and goings of Florida property owners, the state also sees quite a few land sales every year.

Title 397

Title Land Due diligence Sales 397

Housing Wire

JULY 29, 2021

HW: When you hear stories of tax liens being filed, or worse, properties going to tax sale, you assume that the borrower is paying taxes directly and not through an escrow account. JW: In early July, we announced the sale to two private equity firms : Flexpoint Ford and Vestar Capital Partners. This isn’t always the case though, right?

Due diligence 435

Due diligence Technology Loans As-is 435

Housing Wire

MARCH 11, 2022

In relation other top 10 reverse mortgage lenders, Fairway stands out by making a concerted effort to cultivate more H4P business in an environment where many other reverse mortgage companies have spent much of the past 12-18 months focused on HECM-to-HECM (H2H) refinances, according to data compiled by Reverse Market Insight ( RMI ).

FHA loan 370

FHA loan Due diligence Loan Officer Loans 370

Housing Wire

FEBRUARY 19, 2025

Offers: Outline how making a competitive offer will work, including how price, contingencies, due diligence funds, and earnest money will impact how the seller views an offer. Set the stage: Educate your clients on the market This is your time to shine! Related article How to prepare a comparative market analysis (CMA) report 4.

Closing 200

Closing Due diligence Earnest money deposit Pre-approval 200

HomeLight

JANUARY 14, 2025

For Macon homeowners seeking a fast and hassle-free sale, selling to a cash buyer may be a practical solution. With the recent slowdown in the Macon housing market due to high interest rates, now may be an opportune time to explore a cash sale, especially if you prioritize a quick and seamless transaction.

Proof of funds 95

Proof of funds Sales Due diligence Banks 95

HomeLight

NOVEMBER 28, 2024

If you’re a homeowner in Stockton looking to sell your property quickly and without the challenges of traditional listings, working with cash home buyers is a good alternative to the traditional market.

Proof of funds 111

Proof of funds Due diligence Sales Investor 111

Housing Wire

NOVEMBER 16, 2022

As part of the restructuring, there will be winners (the buyers) and there will be losers — those whose names disappear from the corporate registries due to sales, mergers or failure, observers told HousingWire. real estate market consider acquiring an IMB franchise. Who wants to be in the mortgage business?

Banks 435

Banks Mortgages Loan Officer Due diligence 435

HomeLight

JANUARY 14, 2025

If you’re a Boston homeowner looking for a quick sale without the complexities of a traditional listing, working with a cash buyer may be your best option. While the market has cooled slightly since its June peak, year-over-year increases in single-family home prices indicate that it remains relatively strong.

Proof of funds 97

Proof of funds Sales Due diligence Banks 97

HomeLight

NOVEMBER 27, 2024

Virginia Beach’s housing market is cooling, with homes taking longer to sell. In this guide, we’ll explain how to find and sell to Virginia Beach cash home buyers and walk you through the entire cash sale process. Do your due diligence Research any buyer thoroughly to ensure credibility.

Proof of funds 98

Proof of funds Sales Due diligence Investor 98

HomeLight

JUNE 14, 2024

If you’re a homeowner in Tucson looking for a quick sale without the hassle of listing on the open market, connecting with a cash buyer could be the perfect solution. Tucson’s real estate market is hot right now , with both local and out-of-state investors purchasing property in Arizona. No showings, no repairs, no open houses.

Proof of funds 111

Proof of funds Due diligence Sales Investor 111