Housing Wire

DECEMBER 16, 2021

As part of that, it’s important to understand that the due-diligence reviews performed on loan pools assembled for securitizations often make use of a process called loan sampling. The concept is simple: A random sample of loans is selected for due-diligence review from a larger pool of loans that often numbers in the thousands.

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Due diligence Loans Investor Mortgages 355

Housing Wire

MARCH 15, 2024

Let’s face it: joint ventures (JVs) and affiliated business arrangements (ABAs) are all the rage in the residential real estate space right now. Market conditions have certainly trended downward for residential or commercial real estate. buyers and sellers) in a residential deal. And why not?

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Housing Wire

JULY 11, 2024

The firms say this is especially useful in the “current volatile market “ as it shortens the timeline for trades, streamlines the due-diligence process and offers “instantaneous settlement.“ Investors gain added insights into the performance of their portfolios at a lower cost.

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Due diligence Mortgages Investor Technology 392

Housing Wire

APRIL 18, 2024

Non-QM vigilance Pamela Hamrick, president of Incenter Diligence Solutions , which provides due-diligence reviews and document management services for the mortgage industry, said that prefunding reviews are also gaining more traction in the nonqualified mortgage ( non-QM ) space. “And

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Loans Due diligence Investor Technology 389

Housing Wire

OCTOBER 23, 2023

Over the course of our 40+ years at RealTrends Consulting we’ve brokered and/or advised on over 900 transactions in the residential real estate industry. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

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Due diligence Brokerage Staging Agents 359

Housing Wire

NOVEMBER 30, 2021

We’ve grown in excess of 100 employees already in two-and-a-half quarters, that’s underwriters,” said John Levonick, CEO of Charlotte-based Canopy , a third-party due-diligence (TPR) firm that started doing business in the second quarter of 2021. And there’s just no way for due-diligence to really compete with that.”.

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Due diligence Mortgages Loans Residential 365

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 ClearAVM can predict values for nearly every residential property in the U.S.

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Due diligence Investor Residential Commercial 403

Housing Wire

AUGUST 25, 2021

Prior to the Great Recession, private label securitizations (PLS) constituted a majority of all residential mortgage-backed securities (RMBS) issued. Without such standards, there will be a substantial bottleneck as each transaction will require 100 percent due diligence and manual processes. .

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Due diligence Marketing Investor Finance 418

Housing Wire

DECEMBER 9, 2021

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 The [private-label] market started coming back this year [after dropping off in 2020 due to the pandemic], and deals started getting done,” Franco said. “The

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Loans Due diligence Residential Mortgages 398

Housing Wire

DECEMBER 2, 2021

The imbalance has been particularly acute for third-party due diligence (TPR) firms that employ underwriters to review and assess the quality of loan pools used as collateral in private-label securitization deals. He also said his firm is working to “modularize” its approach to due-diligence reviews in the private-label space.

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Due diligence Mortgages Technology Loans 341

Housing Wire

APRIL 26, 2022

LauraMac is a software as a service, or SaaS, firm that provides due-diligence automation tools for the secondary market. Its technology is used by third-party due diligence firms that assess mortgage pools in securitization transactions in the private label market. .

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Due diligence Mortgages Equity Loans 468

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. Huff has also worked in the whole loan investment sector on pricing, due diligence, portfolio surveillance and loss mitigation.

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Lending Due diligence Finance Loans 300

Housing Wire

AUGUST 12, 2022

Loans in Pools 1 thru 3 are being serviced by New Residential Mortgage LLC , NewRez LLC and Fannie Mae — and subserviced by NewRez LLC, Fannie’s fact sheet on the deal states. The parent company of New Residential Mortgage, Caliber Home Loans and NewRez — New Residential Investment — earlier this summer was rebranded as Rithm Capital.). (The

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Loans Purchase and sale agreement Principal Due diligence 387

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 377

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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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.

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Title Lending Due diligence Title search 264

Housing Wire

OCTOBER 19, 2021

The companies behind these platforms – ranging from stalwarts like Black Knight and MCT , to startups such as Maxex and Maxwell – essentially connect lenders and investors, and also match them with critical services such as paper standardization and due diligence. “In 2021, we’ve had a record volume.

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Loans Due diligence Mortgages Investor 296

Housing Wire

FEBRUARY 22, 2024

TF: VRM Mortgage Services (VRM) is an experienced residential and commercial real estate solutions provider, transcending conventional boundaries to deliver a spectrum of services beyond REO. Moreover, our network boasts a comprehensive national panel of independent contractors meticulously selected to meet rigorous due-diligence standards.

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Due diligence Marketing Mortgages New Construction 365

Housing Wire

JULY 10, 2024

For over 37 years I have been a consultant to brokerage firms, MLS’s, Association of Realtors, and other entities related to the residential brokerage industry. In addition to general advisory consulting, I was involved in nearly 1,000 sales or acquisitions of entities in this industry.

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Purchase and sale agreement Due diligence MLS Brokerage 393

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

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Banks Mortgages Due diligence Technology 367

Housing Wire

JANUARY 5, 2022

SitusAMC subsidiary Securent is expanding its reach into the private-label market with plans to soon introduce a loan-defect insurance product for residential mortgage-backed securities (RMBS) transactions, according to executives from both companies. SitusAMC CEO Michael Franco.

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Due diligence Marketing Loans Mortgages 343

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

DECEMBER 30, 2024

Historically, life insurance companies shied away from investing in residential mortgages. But, thanks to the influence of private equity investors, cash-rich insurance companies are increasingly drawn to private debt assets that pay higher premiums due to their illiquidity.

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Banks Due diligence Residential Investor 221

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.

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Due diligence Banks Loans Investor 299

Housing Wire

JANUARY 13, 2023

The third deal in motion, also backed in part by investment properties, is now undergoing due-diligence review. It is an estimated 470-loan securitization — with no value yet assigned in the due-diligence documents filed with the U.S. Securities and Exchange Commission.

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Marketing Investor Due diligence Loans 431

Housing Wire

JUNE 2, 2022

Ryan McBride, chief investment officer of RWT Horizons, says the company’s goal is to invest in firms that have a “direct nexus” to Redwood Trust’s operating companies, which are largely focused on buying, selling and securitizing residential and investment-property mortgage loans. “We

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Equity Due diligence Technology Investor 394

Housing Wire

DECEMBER 6, 2023

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. Do your homework While some urgent situations are beyond your control (see: global pandemic), others can be largely pre-empted with due diligence.

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Due diligence Technology Commercial Property Management 412

Housing Wire

APRIL 8, 2022

That’s what it looks like to some of the experts behind the scenes who are responsible for rating and conducting due diligence on private label securities (PLS) offerings. The typical RMBS private-label transaction, by contrast, involves issuing tranches of securities that are backed directly by a large pool of residential mortgages.

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Marketing Due diligence Investor Loans 303

Housing Wire

MARCH 17, 2022

The MAXEX report notes that residential mortgage-backed securities (RMBS) deals backed by investment properties decreased “significantly in February,” in large part due to the removal of the agency limit on purchasing those loans. Pelka agrees that the PLS market is under pressure. “In That’s not a good combination,” Toohig added.

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Loans Marketing Due diligence Residential 316

Realty Biz

FEBRUARY 16, 2023

Two United Real Estate franchise owners have partnered to bring one of the most unique residential real estate models to Charleston. For example, agents learn how to perform due diligence on the property and neighborhood to ensure it aligns with the client’s needs before showing. The company produced over $21.5

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Residential Due diligence Brokerage Development 87

Realty Biz

MARCH 15, 2021

Smart contracts can also improve due diligence, save on costs, and reduce the likelihood of fraud, payment disputes, and many other issues. This speeds up most real estate processes as it can provide complete transparency for all involved parties.

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Technology Due diligence Title Marketing 145

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 post Setpoint Acquires Resolute Diligence Solutions appeared first on RISMedia.

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Due diligence Lending Residential Technology 98

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. Zoning determines land use, such as residential, commercial, or agricultural.

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Land Due diligence Title search Finance 128

GeekEstate

APRIL 5, 2022

Geek Estate is all about celebrating entrepreneurship, focused on real estate tech–both residential and commercial. CREtelligent : Innovative due diligence solutions, analytics, and professional insights for commercial real estate acquisitions.

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Due diligence Commercial Property Management Renovation 122

HomeLight

JUNE 4, 2024

Investors purchased more than $1 billion worth of Atlanta-area residential real estate in the first three months of 2024, placing it in the top 10 U.S. Do your due diligence Researching and vetting cash-for-homes companies is crucial to verify their legitimacy. markets for investment activity.

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Proof of funds Due diligence Investor Agents 110

Realty Biz

JANUARY 25, 2023

Acquiring residential rental properties is a great way to build wealth and generate passive income. The following are some things to keep in mind when acquiring residential rental properties. Research and Due Diligence Before making an offer on a property, it is important to do your research and due diligence.

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Due diligence Hard money loan Property Management Finance 94

Realtor.com

AUGUST 13, 2020

According to agent Melanie Atkinson with Coldwell Banker Residential Real Estate, in Tampa, FL, when buying a house, “The last thing you want is to feel rushed or make a decision in haste that you will later regret.”. On average, buyers see 10 houses before they make an offer, but that number can be much higher.

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