Housing Wire

FEBRUARY 2, 2024

Real estate brokerage eXp Realty has entered into an affiliated business agreement with Orlando, Florida -based title fi r m Citrus Closing Group , according to an announcement on Thursday. “We Citrus Closing Group serves clients in the Florida counties of Lake Seminole, Osceola, Orange, and Brevard.

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Housing Wire

FEBRUARY 23, 2024

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023.

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Industrial Closing FHA loan Loans 416

Housing Wire

DECEMBER 20, 2021

The automated loan document preparation and eMortgage services provider claims the new platform delivers a clear-cut, highly accurate decision telling users exactly how far they can take their closing digitally based on the unique attributes of the loan transaction and the county-level eRecording acceptance.

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Closing Loans Investor Title 408

Housing Wire

JULY 8, 2021

The number of title and settlement companies offering digital closings has increased 228% since 2019, as more of the industry moves online in the wake of the COVID-19 pandemic. Now, in 2021, 46% offer digital closings, according to Diane Tomb, ALTA chief executive officer.

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Housing Wire

FEBRUARY 28, 2024

EasyKnock completed a $28 million Series D funding round, the company announced on Wednesday. Northwestern Mutual Future Ventures , the venture capital arm of financial services company Northwestern Mutual , joined as an investor in this round.

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Closing Equity Investor Development 361

Housing Wire

JANUARY 10, 2022

HousingWire recently spoke with Tom Kriby, Vice President of Client Development and Partnerships at Westwood Insurance, about how insurance issues can hold up a home closing and how lenders can integrate insurance into their process to help their homebuyers avoid delays. HW: How can lenders help homebuyers avoid closing delays?

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Closing Loans Inspection Technology 456

Housing Wire

MARCH 22, 2023

HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty. HW: How does working with an insurance agency simplify the closing process?

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Debt-to-income ratio Closing Loans Closing costs 362

Housing Wire

NOVEMBER 22, 2023

Builders reported covering closing costs, offering discounted or free features, helping buyers sell their existing home and providing other incentives. The Western pessimism is also unsurprising given the year-over-year declines Western states have seen in home values. Price cuts are not the only way builders are fighting for sales.

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Closing Closing costs Sales Mortgages 412

Housing Wire

FEBRUARY 15, 2024

As a result, the docket was listed as closed as of Thursday morning before being reopened at midday. The parties involved in the Nosalek commission lawsuit got a sweet treat for Valentine’s Day from Judge Patti B. After three weeks of going back and forth, Saris granted the plaintiffs’ motion to administratively stay the lawsuit.

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Closing MLS Brokerage Development 350

Housing Wire

APRIL 5, 2022

Rocket Pro TPO has launched a program that will guarantee financing to close in 15 days, a move to entice mortgage brokers and their real estate agent partners in a scorching-hot housing market. The post Rocket promises brokers 15-day loan closings appeared first on HousingWire.

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Closing Loans VA loan Mortgages 375

Housing Wire

AUGUST 7, 2023

Fannie Mae and Freddie Mac have had affordable lending goals for years, but the impact of closing the minority homeownership gap has not been that significant. 1 answer has been, “They understand my borrowers and know how to close my loans.” When asked why they chose the company for which they currently work, the No.

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Housing Wire

DECEMBER 11, 2023

According to the release, the firm closed more than $350 million in volume in 2022. “We In 2022, the firm closed nearly $95 million in sales volume according to the release, serving clients in San Diego and South Riverside Counties. The independent brokerage, which now has over 50 agents was founded in 2010 by Claude Blackman.

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Closing Brokerage New Construction Agents 391

Housing Wire

MAY 25, 2023

SoftPro , the nation’s top provider of title , closing, and escrow software, announced on Thursday that it has launched ClosingsLIVE, a cutting-edge communication portal for real estate settlements. SoftPro is a leading provider of title, closing, and escrow software in the United States.

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Housing Wire

OCTOBER 31, 2023

The third week of the Sitzer/Burnett commission lawsuit trial kicked off Monday with some final testimony from the defendants before making way for closing arguments from both parties. Closing arguments commence Ketchmark was back on the floor to present closing arguments for the plaintiffs. Ray asked the jury.

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Closing MLS Brokerage Agents 382

Housing Wire

APRIL 3, 2023

Rocket Mortgage is throwing a big incentive at spring homebuyers, offering them up to $10,000 in closing cost credits if they work with a real estate agent through its affiliate, Rocket Homes. of their loan amount to put toward closing costs, helping defray upfront costs. Those borrowers are eligible to receive an additional 0.5%

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Closing costs Closing Agents Mortgages 387

Housing Wire

APRIL 18, 2023

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

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Closing Title Loan Officer Technology 292

Housing Wire

JUNE 1, 2022

One avenue to reduce cost and streamline the closing process is to offer digital closings. Lenders and title agents also reported they can close more loans faster with the same or fewer people, and improve overall loan quality by reducing critical errors, avoiding missed signatures and unnecessary rework.

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Closing Title Loans Technology 374

Housing Wire

OCTOBER 23, 2023

Click n’ Close , a mortgage lender mostly active in the wholesale and correspondent channels, appointed Kara Lamphere to the role of chief operating officer (COO). Prior to joining Click n’ Close, Lamphere was COO at InterLinc Mortgage. Formerly known as Mid America Mortgage, the company changed its name to Click n’ Close in June 2022.

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Closing Lending Banks Technology 311

Housing Wire

MAY 26, 2022

Freddie Mac will now automatically verify borrower employment 10 days ahead of closing, which it says is more efficient than obtaining that information through oral or written verification. It’s the latest move from the government sponsored enterprise that seeks to streamline the closing process.

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Closing Pre-approval Lending Banks 406

Housing Wire

OCTOBER 27, 2023

According to the amended agreement, Rithm will waive Sculptor’s client consent condition concerning all Sculptor funds, provided that the closing of the deal occurs on or before Nov. On Thursday, Michael Nierenberg, chairman, CEO and president of Rithm, told analysts that he expects the deal to close in the fourth quarter of 2023.

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Closing Investor As-is Mortgages 327

Housing Wire

SEPTEMBER 14, 2022

Amrock , a national provider of title insurance, property valuations and settlement services and a division of Rocket Companies , rolled out technology to electronically close mortgage transactions from a mobile device. Prospective homebuyers can remotely close a loan from Rocket Mortgage as well as other lenders that work with Amrock. .

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Closing Loans Title Technology 366

Housing Wire

MARCH 1, 2022

Many lenders are familiar with digital closings (eClosings), but they might not know just how valuable they can be to their business. In a recent study , Marketwise and Notarize found that digital closings shorten the time it takes to close, reduce errors and increase ROI — all while improving customer experience.

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Closing Loans Title Technology 346

Housing Wire

AUGUST 14, 2020

This week, industry experts discuss how to navigate client and referral partner expectations and minimize closing times when factors like these begin to decelerate the buying process. I get it, the seller needs to move, but doing a quick closing to incentivize the seller to accept your offer is no longer a selling point.

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Closing Lending Loan Officer Title 481

Housing Wire

AUGUST 25, 2023

Closing the gap is paramount to uplifting individuals and households from underserved communities. In addition to addressing financial hurdles, we need to tackle some of the other barriers to closing the homeownership gap, including financial education. Inclusion cannot happen in a vacuum.

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Closing Equity Mortgages Industrial 311

Housing Wire

OCTOBER 1, 2021

However, the Federal Trade Commission delayed the deal’s close by extending the review period. The post Zillow’s purchase of ShowingTime closes appeared first on HousingWire. Federal judge Thomas Zilly denied REX’s motion to enjoin Zillow’s classification method.

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Closing Brokerage MLS Technology 427

Housing Wire

SEPTEMBER 2, 2021

Additionally, borrowers have stated that the two most appreciated aspects of an online application process were “a simpler application process (55%) and reduced time to close (53%).” Creating a tech stack geared towards increasing closing efficiency isn’t just about offering eClosings.

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Technology Closing Loan Officer Mortgages 409

Housing Wire

AUGUST 9, 2022

The decision to close the channel also reflects fierce competition from its peers in the broker space, primarily from United Wholesale Mortgage (UWM). loanDepot shares closed at $1.84 per share on Tuesday, dropping 4.66% from the previous closing. The announcement on Tuesday came alongside a $223.8 in cash on hand.

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Closing Principal Lending Loans 475

Housing Wire

MARCH 14, 2022

The Consumer Financial Protection Bureau today said that they are closely monitoring how servicers conduct themselves to help borrowers avoid foreclosures. The post CFPB warns servicers it’s watching closely, again appeared first on HousingWire. At the time, the bureau promised aggressive action.

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Closing Mortgages Loans Industrial 405

Housing Wire

JULY 12, 2022

Digital real estate closing platform Qualia announced the release of a version of its Qualia Connect platform for mortgage originators. “Collaboration between everyone in the closing process remains very manual, inefficient, and unpredictable today,” Nate Baker , the CEO and co-founder of Qualia, said in a statement.

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Closing Mortgages Title Loans 285

Housing Wire

NOVEMBER 1, 2022

In the first phase of the program, customers can use points to get discounts on their closing costs when purchase a home through the subsidiary Rocket Mortgage. To start, customers will receive a 7,500-point welcome bonus on their first reward activity – or $75 in savings on closing costs.

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Closing costs Closing Loans Mortgages 379

Housing Wire

SEPTEMBER 28, 2021

But as lenders scrambled to keep up with demand, closing errors naturally crept in. In the wake of this unparalleled volume, companies across the housing industry have been working to increase the efficiencies of the entire lending process – including getting closings correct the first time around. But Snapdocs isn’t stopping there.

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Closing Lending Title Loans 352

Housing Wire

FEBRUARY 1, 2024

Stavvy is a truly comprehensive digital closing platform, the only solution to offer a SMART Doc engine that extends the savings, efficiency and security of eNotes to all mortgage documents for all loan programs and across all 50 states while supporting every type of eClosing and eNotarization.

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Closing Technology Industrial Loans 254

Housing Wire

OCTOBER 6, 2023

Closings in particular involve multiple stakeholders, each of whom has different requirements, processes and technologies that make collaboration between parties a time-consuming and error-prone exercise. The Snapdocs eClose platform connects every participant in the closing process through one easy-to-use interface.

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Closing Technology Industrial Development 319

Housing Wire

AUGUST 2, 2021

The technology components required to digitize closings – things like eSignatures and webcams – have existed for decades. But until recently, digital closings had never been adopted at scale. It enables lenders to connect with all parties and technologies involved in a mortgage transaction to complete the entire closing process online.

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Closing Technology Mortgages Title 380

Housing Wire

NOVEMBER 29, 2021

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. MISMO hopes that the initiative will streamline the business process and improve the efficiency of the closing process.

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