Housing Wire

MAY 5, 2023

announced on Thursday that the Optimal Blue product, pricing and eligibility engine (PPE) has added investor content from 54 state-based housing finance agencies (HFAs). HFAs provide affordable homeownership options to low- and moderate-income borrowers through down payment and closing cost assistance, as well as reduced mortgage payments.

Investor 320

Investor Finance MLS Closing costs 320

Housing Wire

NOVEMBER 30, 2022

Each year, the TECH100 awards recognize the 200 most influential tech companies in mortgage and real estate that are working to improve the housing industry through tech innovation. The promises of technology have largely been lost in the mortgage industry and little has been done to reduce costs for homebuyers.”.

Industrial 326

Industrial Title Lending Technology 326

Housing Wire

NOVEMBER 9, 2023

Fannie Mae and Freddie Mac jointly announced this week that they have entered a new critical edit phase for their Uniform Closing Dataset (UCD) as of Nov. An implementation guide released in May 2022 shows that phase three deals with information related to loan costs; other costs; total closing costs; and lender credits.

Loans 358

Loans Closing costs Mortgages Closing 358

Housing Wire

FEBRUARY 10, 2022

The government-sponsored enterprise saw a 20% growth in its single-family mortgage portfolio from 2020 to 2021, driven by soaring home prices and an increase in the average size of loans it acquired. The Federal Housing Finance Agency has prioritized expanding access to credit while prioritizing safety and soundness.

Loan Officer 390

Loan Officer Finance Loans Banks 390

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). Presented by: Auction.com.

FHA loan 299

FHA loan Renovation Equity Loans 299

Housing Wire

DECEMBER 26, 2022

At many title firms, the slowdown in homebuyer demand, due to rising mortgage rates and higher home prices, meant a decrease in order volumes. On top of slowing purchase order volume, rising mortgage rates also decimated refinance orders. What happened to the market?’”.

Title 470

Title Industrial Closing costs Closing 470

Real Trends

NOVEMBER 11, 2022

Real estate professionals navigating housing in 2022 and beyond need to know their way around all the financing options available. Without knowledge of lesser-known financing choices, real estate professionals can miss the chance to turn their customers into homeowners, or sellers. . Shared equity financing.

Finance 106

Finance VA loan FHA loan Agents 106

Housing Wire

OCTOBER 21, 2021

The resources help families with 80% or less of the area median income for down payments or closing costs, for example. The Federal Home Loan Bank System was created in 1932 by the Federal Home Loan Bank Act as a government-sponsored enterprise to support mortgage lending. In May, Sen. Catherine Cortez Masto (D-NV) and Rep.

Banks 333

Banks Loans Equity Finance 333

Housing Wire

OCTOBER 13, 2022

Now, thanks to United Wholesale Mortgage (UWM) CEO Mat Ishbia’s recent announcement that his company is hiring attorneys to review title and closing documents, AOLs and the risks associated with them, have been a hot topic at this year’s ALTA One conference. This is a top priority for ALTA.”.

Title 300

Title Closing costs Title search Closing 300

Housing Wire

OCTOBER 19, 2021

trillion in mortgage originations, according to the Mortgage Bankers Association (MBA), as interest rates plunged, and COVID-19 accelerated an ongoing exodus from cities to the suburbs. Last year saw a record-breaking $3.83 HousingWire: How has the shift from a refi to a purchase market changed the dynamics for lenders?

Closing costs 333

Closing costs Technology Lending Mortgages 333

Norada Real Estate

MAY 30, 2024

High mortgage rates making your dream home unreachable? Among these initiatives, zero-down mortgage options have emerged as a beacon of hope for those who may not have the substantial savings traditionally required for a down payment. UWM's initiative is not just a boon for homebuyers but also for independent mortgage brokers.

Mortgages 52

Mortgages Equity Banks Loans 52

Housing Wire

FEBRUARY 22, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Jason Cave , former deputy director at the FHFA where he ran their FinTech Office, to talk about where mortgage tech is falling short, and what the government should do to help. SW: Looking at the mortgage space, what are some of the challenges when it comes to technology?

Technology 277

Technology Banks Mortgages As-is 277

Housing Wire

FEBRUARY 23, 2023

The title industry led the way in collaborating with industry partners to expand access to digital closings through remote online notarization (RON), which has helped tens of thousands of homebuyers complete their real estate and mortgage transactions safely and securely through the innovative use of technology solutions.

Title 441

Title Industrial Purchase and sale agreement Title search 441

Realty Biz

JANUARY 19, 2024

Interviewing and selecting a buyer's agent and choosing a mortgage lender and real estate attorney are vital steps. Let's start with some detailed information and actionable tips on financing. It's crucial to clearly understand your financial health before getting a mortgage. Let's get started on your path to homeownership.

Debt-to-income ratio 100

Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

Marco Santarelli

APRIL 28, 2023

The Federal Housing Finance Agency (FHFA) recently announced changes to the loan-level price adjustments (LLPAs) for borrowers with conventional mortgages backed by Fannie Mae or Freddie Mac. The changes, which are set to take effect on May 1, 2023, will impact the pricing structure of mortgages for borrowers.

Mortgages 98

Mortgages Debt-to-income ratio Loans Finance 98

Housing Wire

MAY 17, 2023

Rocket Mortgage ‘s top executives believe the mortgage market is near the bottom, which means a recovery may be on the horizon soon. So yes, we’re toward the bottom in that,” Bob Walters, CEO at Rocket Mortgage and president and COO at Rocket Companies , said. You may get a mortgage once every 10 years.

Marketing 309

Marketing Banks Mortgages Industrial 309

Housing Wire

APRIL 25, 2023

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 299

Lending Banks Loan Officer Loans 299

Housing Wire

DECEMBER 7, 2020

Chief among these is how to operationalize the advanceable feature of the credit, which is akin to asking the IRS to deliver individual tax refund checks to tax filers on a date of their choosing, relying on obsolete technology and inadequate staff resources. Presented by: Quicken Loans Mortgage Solutions. of the average home price.

FHA loan 482

FHA loan Debt-to-income ratio Loans Equity 482

Realtor.com

MARCH 12, 2021

Getty Images Mortgage rates are on the rise after nearly a year of record lows, providing a nudge to homeowners who want to refinance but didn’t get around to it yet. First find the difference between your current mortgage rate and the potential savings of a refinance offer. What if closing costs are too high?

Fixed-rate mortgage 87

Fixed-rate mortgage Mortgages Closing costs Equity 87

GeekEstate

MARCH 1, 2023

F inalists are divided into three categories (Construction & Design, Finance, and Policy & Regulatory Reform) and have demonstrated innovative, achievable, and scalable solutions to the housing affordability crisis. Finance Arx: An AI-driven real estate analytics platform that automates the underwriting process.

Construction 113

Construction Finance Development Technology 113

Marco Santarelli

MAY 30, 2024

Soaring mortgage rates threaten affordability, but there's a glimmer of hope! Is a return of zero-down mortgages on the horizon despite past risks? Among these initiatives, zero-down mortgage options have emerged as a beacon of hope for those who may not have the substantial savings traditionally required for a down payment.

Equity 52

Equity Banks Loans Mortgages 52

Realty Biz

NOVEMBER 7, 2021

Freddie Mac says that could prevent renters that want to become homeowners from securing the best rates on a mortgage. Rent payments are often the single largest monthly line item in a family’s budget, but paying your rent on time does not show up in a credit report like a mortgage payment,” said Michael DeVito, CEO of Freddie Mac.

Closing costs 100

Closing costs Equity Finance Technology 100

RIS Media

OCTOBER 2, 2020

If you’re looking to buy a house, there are a wide range of companies that would likely be happy to give you a mortgage. A local credit union may also be able to give you advice on mortgage incentives or other programs you may qualify for, such as a home loan program for veterans. Qualification Requirements and Loan Terms.

Banks 52

Banks Debt-to-income ratio Mortgages Loans 52

Realty Biz

DECEMBER 13, 2022

You need to consider a number of factors: what you want from your home, where you want to live if you can afford the down payment, and the monthly mortgage payments. Flyhomes is a technology company focusing on real estate brokerage that helps home buyers, sellers, and agents work together to get the job done. What is Flyhomes?

Pre-approval 66

Pre-approval Closing costs Loans Technology 66

Lab Coat Agents

MAY 1, 2024

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. When a buyer assumes a VA mortgage loan, they take over the seller’s existing loan balance and current interest rate. What is a VA Loan Assumption?

VA loan 52

VA loan Loans Debt-to-income ratio FHA loan 52

HomeLight

MAY 24, 2022

Mortgage interest is tax-deductible , and many homeowners appreciate the deduction. If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. He estimates that on a $200,000 house, you could save between $5,000 and $6,000 in closing costs.

Purchase and sale agreement 103

Purchase and sale agreement Closing Title search Title 103

HomeLight

JANUARY 10, 2023

Whatever the case, you don’t have time or energy to give your tropical landscaping a fresh look or wait for snowbirds to secure their financing. Closing costs: You pay no closing costs; FL Cash Home Buyers covers them. Closing costs : No prep costs, no agent commissions, and no fees charged by HomeLight.

Closing costs 85

Closing costs Purchase and sale agreement Closing Sales 85

HomeLight

APRIL 30, 2022

It’s time for you to buy a house, and between the financial questions (how much will you need for closing costs? Buying a house is still one of the most stressful and time-consuming processes in the modern world, even with the advent of technology. what’s considered “overpaying” on a house?) Social media apps.

Closing 87

Closing MLS Pre-qualification Due diligence 87

HomeLight

JANUARY 3, 2022

An iBuyer uses technology to value the home, sometimes performs a walkthrough, and may adjust the price based on the cost of needed repairs. Sellers then pick a move date, and can often close in as little as two weeks. They also don’t want the hassle of renting out their old home or carrying two mortgages.

Agents 94

Agents Title Inspection Title search 94

HomeLight

JANUARY 4, 2022

While that still happens in scenarios where a seller can’t afford repairs or is facing serious issues with a property, cash sales have expanded beyond the distressed homes market, as sellers benefit from new technologies, instant sale platforms , and a competitive housing environment that has increased the percentage of cash offers.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

APRIL 15, 2022

After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. . They find this offer to be satisfactory and are able to close in days without mortgage lender involvement.

Title 83

Title House Flipping Title search Sales 83

The Residential Specialist

FEBRUARY 27, 2024

So, I took it upon myself to learn more about it and found that a new build may be expensive up front, but when we look at the one-, five- or 20-year projections, and after considering the new technology and energy efficiencies that builders add, it isn’t actually more expensive.” I know some that are getting a free golf cart.”

Construction 97

Construction Inspection New Construction Residential 97

HomeLight

DECEMBER 30, 2022

They charge no fees, cover your closing costs, and schedule closing to accommodate your preferred timing. Closing costs: You pay no closing costs; AZ Home Buyers covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. stars on Google.

Purchase and sale agreement 85

Purchase and sale agreement Closing costs Closing Agents 85

HomeLight

APRIL 14, 2023

Closing costs: Sellers pay no closing costs; House Heroes charges no fees. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs; The Local House Buyers covers them. The company has a 4.2-star

Purchase and sale agreement 87

Purchase and sale agreement Closing costs Closing Sales 87

HomeLight

AUGUST 10, 2022

They also promise a fast, easy, and transparent selling process, with closing in as little as 24 hours. Closing costs: Sellers pay no closing costs; Diamond Equity Investments covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight.

Closing costs 78

Closing costs Purchase and sale agreement Closing Staging 78

HomeLight

SEPTEMBER 10, 2022

Closing costs that add up – such as HOA fees, property and transfer taxes, title insurance. Cost of mortgage interest – a strategy to help make financing more affordable for buyers. Moving costs you may not have planned for – truck, supplies, pizza for your friends.

Closing costs 91

Closing costs Agents Seller concession Closing 91

HomeLight

AUGUST 12, 2022

Closing costs: Sellers pay no closing costs; We Buy Houses ® covers them. Closing costs: No prep costs, no agent commissions, and no fees charged by HomeLight. Closing costs: Sellers pay no closing costs; We Buy Ugly Houses covers them. Individual investor fees may vary.

Closing costs 85

Closing costs Purchase and sale agreement Closing Staging 85