Housing Wire

FEBRUARY 3, 2025

Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc.

Mortgages 417

Mortgages Title Lending Loans 417

Housing Wire

NOVEMBER 27, 2023

Veev’s business model is innovative: it provides pre-inspected, fully cladded walls directly to homebuilders , ready for installation. Reali , another proptech company founded by Heller and Avrahami, shut down in 2022 after raising more than $290 million in debt and equity funding.

Bankruptcy 482

Bankruptcy Inspection Investor Staging 482

Housing Wire

OCTOBER 14, 2020

Inspex is a new, DIY home inspection and valuations app that empowers lenders to provide their customers with a simple, contactless option. Not just a photo-collection tool, Inspex significantly reduces inspection wait times by as much as 50 percent – improving the experience for everyone. Inspex TM by Xome. Product Fast Facts: #1.

Inspection 370

Inspection Lending Equity As-is 370

Housing Wire

MAY 20, 2024

which includes numerous updates to its guidance for the Home Equity Conversion Mortgage (HECM) program overseen by the Federal Housing Administration (FHA). This explains that damage inspections may be completed by “any FHA Roster Appraiser in good standing with geographic competence in the affected market.”

Mortgages 459

Mortgages Inspection Residential Equity 459

Housing Wire

JUNE 9, 2022

Renovation financing startup RenoFi now offers a fixed-rate home renovation loan, which allows homeowners to borrow as much as 90% of their home’s after-renovation value — a move to target homeowners who don’t qualify for a home equity line of credit (HELOCs).

FHA loan 370

FHA loan Renovation Equity Loans 370

Housing Wire

APRIL 18, 2023

PunchListUSA , a real estate technology platform digitizing home inspection data, has named Stefan Pampulov as its chief product and data officer. In 2022, the firm secured an oversubscribed $39 million Series A funding round, bringing the total equity capital to $49 million since its inception.

Inspection 370

Inspection Technology Investor Development 370

Housing Wire

MAY 3, 2024

They are also aware that they can negotiate on price and terms up front, as well as negotiate at inspection. Difficult inspections have been on the rise over the last few months. These buyers understand that more inventory is coming to the market and that they will have options.

Pre-approval 455

Pre-approval Lending Inspection Equity 455

Housing Wire

MAY 6, 2024

NRMLA and MBA also request changes to language in certain forms, including in the Compliance Inspection Report, so that the report can “utilize the documentation from a licensed and bonded person as required by the state to certify without additional costs to the borrower or mortgagee.”

VA loan 448

VA loan Principal Residential Loans 448

Housing Wire

APRIL 13, 2021

Private equity firm Gridiron Capital has acquired Michigan-based appraisal management company Class Valuation from another private equity player, Narrow Gauge Capital , the firms said in a statement on Friday. ” The post Gridiron Capital acquires Class Valuation appeared first on HousingWire.

Technology 364

Technology Inspection Equity As-is 364

Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. In August, the company received a strategic investment by the private equity firm Novacap to accelerate its growth plan.

Title 435

Title Technology Inspection Closing 435

Housing Wire

OCTOBER 29, 2021

HousingWire recently spoke with Dave Steinmetz, Division President of Origination Services for ServiceLink, on what tools lenders should leverage to streamline home equity title and closing. HW: How does ServiceLink leverage technology to streamline home equity title and closing?

Title 303

Title Title search Equity Inspection 303

Housing Wire

FEBRUARY 7, 2022

Amid protests set off by George Floyd’s death, Fannie Mae ’s CEO issued a public statement about its commitment to racial equity. I told him, ‘We have this serious racial equity issue still pending, and I hope Fannie Mae is serious about it.’” Our role in housing finance brings important responsibilities.”.

Equity 397

Equity Inspection Real-estate owned Residential 397

Housing Wire

SEPTEMBER 13, 2023

It allows home equity lenders, whole loan investors, and single-family rental investors to get “objective” and “current” exterior property condition assessments, with a focus on changes that can affect property value, the company said. The data can also be accessed via an API, in bulk data, or through a dynamic web application.

Inspection 418

Inspection Investor Loans Technology 418

Housing Wire

AUGUST 21, 2023

5000 list an impressive five times: Total Expert , which offers CRM and data-driven customer engagement solutions, turning customer insights into actions to increase loyalty and drive growth; and FirstClose , a tech solution provider for HELOC and home equity lenders. 658 in the 2023 Inc. Other established names to make the Inc.

Equity 370

Equity Technology Investor Residential 370

Housing Wire

DECEMBER 11, 2024

A public inspection version of the rule was released on Tuesday prior to its final publication. In addition to forward mortgages, the rule also applies to reverse mortgages issued through FHAs Home Equity Conversion Mortgage ( HECM ) program, although it does excludes low-value, vacant properties from the permanent program.

Loans 397

Loans Sales Technology Inspection 397

Housing Wire

DECEMBER 14, 2022

In October, the company added more than 275 subcontractors that complete inspections, preservation and yard/snow services to its network. In terms of 2022 as a whole, Safeguard has added more than 4200 people working at the numerous preservation, lawn service, inspection and various trades that are part of the company’s network.

Inspection 418

Inspection Technology Equity Investor 418

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.

Inspection 435

Inspection Technology Loans Mortgages 435

Housing Wire

FEBRUARY 10, 2021

” CoreLogic announced last week that it entered into a definitive agreement to be acquired by Stone Point Capital and Insight Partners for $80 per share in cash, or an equity value of about $6 billion. Are borrower-assisted inspections here to stay? to two loan files per day. .

Loans 397

Loans Inspection Mortgages Equity 397

Housing Wire

OCTOBER 18, 2022

homeowners sitting on more than $30 trillion dollars in home equity, many lenders are looking to the latest AVMs to improve the accuracy and efficiency of their home equity lending. Here are four ways the next generation of AVMs are reducing risk, accelerating decision making and cutting the cost of home equity originations.

Equity 321

Equity Lending Technology Loans 321

Housing Wire

DECEMBER 6, 2021

This friend, “placed some of her own family photos, depicting her white family” around the house “prior to the inspection.”. In a November interview, Melody Taylor, executive director of HUD’s Property Appraisal and Valuation Equity task force, stated that, “Due to confidentiality filings, HUD does not disclose the complaints we receive.”.

Development 418

Development Inspection Mortgages Equity 418

Housing Wire

NOVEMBER 20, 2020

Artificial Intelligence company Quantarium announced on Thursday its partnership with Valligent Technologies to launch a condition adjusted “Quantarium Valuation Model” for equity lending, broker price opinions and real estate owned valuations. It can also factor in the effects of local events like foreclosures and recent sales.

Technology 448

Technology Mortgages Commercial Inspection 448

HomeLight

MAY 10, 2024

You’ve made an offer on a house, and it’s been accepted, but the home inspection revealed some unexpected issues. So, what is reasonable to ask for after a home inspection, and how do you decide? HomeLight’s Buy Before You Sell program can unlock a portion of your equity upfront to put toward your next home.

Inspection 98

Inspection Home sale contingency Equity Sales 98

Housing Wire

OCTOBER 14, 2020

We’ll also get a glimpse into the rise of property inspection waivers and potential secondary market impact. Panelist: Brent Chandler, CEO, FormFree Leora Ruzin, SVP Wholesale Operations, Equity Prime Mortgage Richard Koss, Chief Research Officer, Recursion Gary Malis, CFO, PRMG. Watch the full session below. Already a member?

Marketing 269

Marketing Inspection Staging Equity 269

Housing Wire

OCTOBER 1, 2022

There had been nearly one-third of buyers who waived an inspection or appraisal contingency, but the last month it fell to just over 20% for both. Due to the consistent rise in home prices, homeowners typically do have equity in their home distressed sales are not common today.

Marketing 418

Marketing Inspection Sales Lending 418

Housing Wire

MAY 3, 2024

That is a challenging conversation to have with clients, but basically everyone has equity if they bought their house in the last three or four years. People are actually making repairs found in inspection reports. said Robert Cavinder , a broker at Burlington-based Keller Williams Central.

Marketing 440

Marketing Construction New Construction Development 440

Housing Wire

JANUARY 14, 2022

Cignarale noted signs of cooling off, including some properties appraising for lower than expected and once desperate buyers no longer waiving home inspections. Aside from Brooklyn, Siwiec and other local agents have helped buyers from Manhattan, New Jersey, Connecticut, Chicago, Los Angeles and San Francisco move to Rochester. “We

Agents 448

Agents Inspection Marketing Equity 448

Redfin

FEBRUARY 12, 2025

Home equity agreements (HEAs) are becoming an increasingly popular way for homeowners to tap into the value of their homes without taking on additional debt. In this Redfin guide, well break down everything you need to know about home equity agreements. What is a home equity agreement (HEA)? How do home equity agreements work?

Equity 50

Equity Investor Loans Closing costs 50

Housing Wire

JUNE 30, 2021

Home values have increased over the past several months and consumers are realizing there is more equity in their homes than anticipated. This realization has increased demand for wholesale lenders and brokers as borrowers look to refinance, cash-out refinance or otherwise take advantage of the equity in their homes.

Closing 221

Closing Title Lending Inspection 221

Housing Wire

JANUARY 7, 2021

With the integration, Blend will have access to the companies Dual AUS functionality – a product unveiled in 2018 with the ability to run an application through both systems and quickly identify property inspection waivers early on in the process. Though that need may have started long before the pandemic.

Mortgages 355

Mortgages Lending Loans Investor 355

Housing Wire

OCTOBER 9, 2020

.'” For Gary Malis, chief financial officer of Paramount Residential Mortgage Group , the complexities in modeling right now are dizzying, especially when accounting for servicing and PIWs (property inspection waivers). “You talk about what you want to buy – it’s about how you price it up front,” said Malis.

Marketing 370

Marketing Banks Investor Technology 370

Housing Wire

SEPTEMBER 8, 2022

The pleadings ask the court to grant class-action status to the litigation, arguing that the defendants KeyBank and OSC were negligent in failing to adequately monitor, inspect and control data-security practices. “[OSC

Mortgages 397

Mortgages Banks Loans Inspection 397

Housing Wire

OCTOBER 16, 2023

We’re not competing, and inventory out there is now up for some negotiating on things like pricing, inspection, and rate buydowns. We have to help first-time buyers see the bigger picture by highlighting the advantages of homeownership, such as building equity, tax benefits, and potential appreciation in property value.

Agents 435

Agents Seller concession Closing costs Mortgages 435

Lighter Side of Real Estate

AUGUST 24, 2022

It’s an industry joke that some buyers request the seller to repair even the most minor issue found on a home inspection, like a leaky faucet for example. Even if the buyers did have an inspection, sellers could easily reply with a firm no, and the buyers would be fine with it. Are they all due to home inspection issues?

Inspection 104

Inspection Equity Finance As-is 104

Housing Wire

MARCH 11, 2022

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. Real estate agents hate dealing with call centers,” he says.

FHA loan 370

FHA loan Loan Officer Due diligence Loans 370

Housing Wire

APRIL 22, 2024

I would be happy to give you an equity analysis and let you know how much equity you have in your home. Perhaps they don’t receive strong enough offers or struggle to address issues that arise at home inspection. (If you have any homes you personally sold in the neighborhood, include those here).

Brokerage 467

Brokerage Investor Agents Pre-approval 467

The Close

NOVEMBER 7, 2024

Home equity line of credit (HELOC): If you already own a property with significant equity, you can use a line of credit against that equity to fund your real estate investments. Hire a home inspector and get a thorough inspection report. Believe me, the real estate commission is worth it.

Hard money loan 98

Hard money loan Purchase and sale agreement Investor Due diligence 98

Housing Wire

APRIL 27, 2023

In California, as of December 31, 2019, defendant [Invitation Homes] owned 12,461 single-family homes in over 100 cities. “… By its failure to pay or remit inspection, permit fees, penalties and interest, Invitation Homes has defrauded cities and counties in California millions of dollars.”

Renovation 395

Renovation Residential Commercial As-is 395