Housing Wire

JULY 26, 2022

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage , accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase. After accepting Sprout’s written offer, the parties started the due diligence process. Presented by: Polly.

Due diligence 357

Due diligence Mortgages Principal Lending 357

Housing Wire

JULY 26, 2022

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage , accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase. After accepting Sprout’s written offer, the parties started the due diligence process. Presented by: Polly.

Due diligence 357

Due diligence Mortgages Principal Lending 357

Housing Wire

AUGUST 19, 2020

Taken from the August issue of HousingWire Magazine, LauraMac is looking to increase the technology available to mortgage loans after the closing table. The rest of this content is for HW+ members. Join today with an HW+ Membership !

Due diligence 423

Due diligence Technology Loans Mortgages 423

Housing Wire

MARCH 16, 2022

California-based ICE Mortgage Technology announced this week two enterprise agreements to integrate its eClose solution to Maxwell and Roostify platforms, enabling a more streamlined closing process for lenders and borrowers. Encompass eClose will be part of the mortgage fintech Maxwell’s point-of-sale platform.

Due diligence 327

Due diligence Loans Lending Technology 327

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

Lending 370

Lending Due diligence Technology Loans 370

Housing Wire

APRIL 30, 2021

The same can be said about the mortgage industry as an ecosystem, and its technology as the coral reef. In order for brokers and lenders to work together in symbiosis as organisms of this ecosystem, the technology must also allow for it. Right now, the mortgage ecosystem is fractured. Fractured mortgage ecosystem.

Due diligence 302

Due diligence Mortgages Technology Loans 302

Housing Wire

MARCH 23, 2021

Wherever there is commerce, there will be fraud, and the mortgage industry is no exception. The full extent of fraud in the mortgage industry may be impossible to fully quantify, but the 2020 True Cost of Fraud study by LexisNexis Risk Solutions estimated that the cost of fraud has risen 7.3% across U.S.

Lending 414

Lending Mortgages Due diligence Debt-to-income ratio 414

Housing Wire

JULY 27, 2021

Michael Franco: The last two years in the mortgage industry have certainly been unique. Volatility and dramatic shifts in market activity have forced participants across the mortgage lifecycle to embrace more agile business practices. At the heart of our ecosystem approach is technology. We got the exact opposite.

Industrial 382

Industrial Mortgages Lending Due diligence 382

Housing Wire

NOVEMBER 22, 2023

Editor in Chief Sarah Wheeler sat down with Scot Rose , CIO at Class Valuation , to talk about innovation in the appraisal space and how the technology being deployed for appraisal modernization can actually protect appraisers. SW: How do you think about technology and prioritizing what to do next? What’s changing there?

Technology 412

Technology Due diligence Development Loan Officer 412

Housing Wire

AUGUST 12, 2022

A reperforming loan is a mortgage that has been or is currently delinquent but has been reperforming for a period of time. 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. million; and pool 3, $312.9

Loans 378

Loans Purchase and sale agreement Principal Due diligence 378

Realty Biz

MARCH 15, 2021

While blockchain has already been used in sectors like finance and logistics for many years, the technology is now being leveraged within the real estate sector. Smart contracts can also improve due diligence, save on costs, and reduce the likelihood of fraud, payment disputes, and many other issues. Image Credit: Unsplash.

Technology 145

Technology Due diligence Title Marketing 145

Housing Wire

SEPTEMBER 21, 2021

Six months after raising capital, digital mortgage startup Maxwell announced Tuesday the launch of a trading platform to provide community lenders access to the secondary market, connecting these loan sellers to buyers. mortgage market. mortgage market. Learn more here! Presented by: iEmergent.

Due diligence 244

Due diligence Investor Loans Lending 244

Housing Wire

FEBRUARY 7, 2022

The Mortgage Bankers Association estimates a 9% increase to a record new purchase volume of $1.73 As mortgage lenders begin to rely more on purchase volume to support their growth, emphasis is being placed on increasing efficiency in processing these loans. Why are Purchase Loans a Challenge for Mortgage Processors?

Loans 316

Loans Due diligence Title Technology 316

Housing Wire

MAY 13, 2022

The key difference in Blockchain, distributed ledger technologies (DLT) and related crypto-technologies today is we now understand how these technologies must adapt and are adapting to the world as it is. Emerging distributed ledger technologies are forming a consensus-based approaches to the blockchain within business domains.

Due diligence 334

Due diligence Technology Banks Title 334

Housing Wire

FEBRUARY 16, 2023

LauraMac, a provider of mortgage loan review SaaS technology, has appointed Rick Seehausen as its chief strategy officer. I look forward to working closely with Rick to leverage the success of our Loan Review System, prepare the launch of our Loan Acquisition System, and guide us in the development of new product lines.”

Loans 299

Loans Principal Technology Development 299

Realty Biz

NOVEMBER 16, 2023

Artificial intelligence (AI) is quickly becoming an integral part of the real estate technology industry. Lenddesk is touting Lender Spotlight AI as a powerful tool that can help mortgage professionals save time and find solutions faster for homebuyers.

Due diligence 91

Due diligence Technology Industrial Development 91

Housing Wire

MAY 26, 2023

In a vacant lot or seller impersonation scam, public records are searched to identify real estate that is free of mortgage or other liens, as well as the identity of the property owner. When it comes to close on the sale of the property the scammer will request a remote notary signing.

Title 367

Title Land Due diligence Sales 367

HomeLight

OCTOBER 29, 2021

You still have to make it through the house closing process, where inspections , credit problems, or paperwork issues can trip you up. The closing process fills several weeks as you navigate through multiple steps to make it to the closing table. How long does the house closing process take?

Closing 82

Closing Inspection Title Due diligence 82

Housing Wire

APRIL 12, 2023

In the case of the real estate company, a spoofed email that purported to be from a real estate agent at the company directed a closing attorney to wire $154,000 in home-purchase funds to a bank account controlled by the fraudsters. The illicit proceeds from the closing-fund thefts were then quickly moved from the U.S.

Industrial 359

Industrial Banks Title Technology 359

Housing Wire

DECEMBER 2, 2021

The mortgage industry is contending with a loan-underwriter shortage that has acted like a governor on an engine — slowing the pace of a fast-growing private-label securitization market. Executives with TPR firms and the bond-rating agencies that make use of their due-diligence reviews agree the problem is a big challenge.

Due diligence 341

Due diligence Mortgages Technology Loans 341

Housing Wire

MAY 20, 2022

The residential mortgage origination process is very complex and origination and underwriting mistakes can be very costly, so lenders need to make sure they’re mitigating every possible risk related to the borrower and property. That’s why due diligence is a critical element of every mortgage transaction.

Due diligence 335

Due diligence Loans Residential Technology 335

Housing Wire

MARCH 15, 2024

In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. That’s probably why so many title and closing firms have tried their hand at CRE business in the effort to diversify. And why not? CREs need not go it alone. Not to mince words: title is hard.

Commercial 374

Commercial Brokerage Due diligence Title 374

RIS Media

APRIL 28, 2021

You can also work with lenders, mortgage brokers and moving companies to provide next-level service for clients and also develop a steady referral program. Just make sure to do your due diligence to ensure you’re partnering with people you can trust. You can work with an estate or divorce attorney to get easy referrals.

Due diligence 98

Due diligence Staging Agents Development 98

Housing Wire

NOVEMBER 16, 2022

By the time 2022 is wrapped up, mortgage lenders will have originated about $2.2 But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. Who wants to be in the mortgage business? Brian Hale, CEO of mortgage advisory partners.

Banks 401

Banks Mortgages Loan Officer Due diligence 401

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . also recognize the industry-changing potential of blockchain-enabled technology.

Equity 380

Equity Due diligence Technology Investor 380

Broke Agent Media

FEBRUARY 16, 2023

Since then, property scams have evolved, and advances in technology have made it easier. Fortunately, technology can also help agents and other industry professionals, as well as legitimate buyers and sellers, to stop scammers before they cash in. What they won’t do is require a Due Diligence fee.

Land 98

Land Title Agents Due diligence 98

HomeLight

MARCH 30, 2022

According to the loan software firm ICE Mortgage Technology, it took 54 days on average to close a home purchase loan in December 2021. Reduce the time it takes to close your sale. Search for other clues that a cash buyer made the purchase such as no mortgage lien or the owner is an LLC. It’s that simple.

Sales 95

Sales Investor Renovation Due diligence 95

Housing Wire

FEBRUARY 23, 2023

HousingWire recently spoke to Kevin Wilzbach, director, product management at Wolters Kluwer, about the adoption of digital technology and the future of eNotes. HousingWire: What kind of impact has the overall deceleration of the mortgage market had on the adoption of digital technology over the past few quarters?

Due diligence 347

Due diligence Technology Loans Lending 347

Housing Wire

APRIL 20, 2022

eVaults are an integral part of any end-to-end digital mortgage transformation. within the mortgage ecosystem. What steps should a lender take before investing in eVault technology? How digital are your current origination and closing processes? For example, are you using eSigning and hybrid closings?

Lending 301

Lending Due diligence Investor Technology 301

Redfin

MAY 2, 2023

The state’s economy is driven by various industries, including technology, tourism, energy. However, the recent increase in mortgage rates has resulted in a slowdown in competition, leading to a 4% drop in the median sale price to $558,300 compared to the previous year. The job opportunities are plentiful.

Pre-approval 56

Pre-approval FHA loan Loans Finance 56

Real Trends

JULY 28, 2022

At the same time, Halifax’s economic growth is creating job opportunities for many skilled workers, especially those in hospitality, technology, financial services, and life sciences.” . “We continue to see buyers from Ontario, British Columbia, the U.S., and Europe — although the market has slowed in the past two months.

Marketing 93

Marketing Due diligence Land Banks 93

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. Securities backed by the loans are then issued and sold to investors.

Due diligence 334

Due diligence Marketing Loans Mortgages 334

Housing Wire

DECEMBER 7, 2023

Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. During the week, you can also contact the Student Concierge team by phone. out of 5 stars Rating: 4.5 out of 5.

HR 339

HR Pre-approval Brokerage Commercial 339

Housing Wire

JULY 29, 2021

HousingWire recently spoke with LERETA CEO John Walsh about why these tax lien problems exist, what role technology plays, and why tax services need business continuity plans. That means millions of closings and new tax line set-ups, often done quickly, and, in many cases, while working remotely. Why don’t servicers have them?

Due diligence 393

Due diligence Technology Loans As-is 393

HomeLight

APRIL 11, 2023

Receive your offer within a week and close in as little as 10 days. With a signed sales agreement, the closing process will begin. Close the sale and get paid quickly. We Buy Houses companies can typically close your home sale within seven days to a few weeks. No showings, no repairs, no open houses. The company has 4.6

Purchase and sale agreement 85

Purchase and sale agreement Closing costs Closing Sales 85

HomeLight

AUGUST 24, 2022

Get an offer in as few as 48 hours and close in as little as 10 days. We Buy Houses companies in New Jersey typically promise quick, all-cash offers and ultra-fast closings, often in as few as seven days. If you accept the offer, you’ll both sign a contract and the closing process will begin. Request Offer. Halo Homebuyers.

Closing costs 77

Closing costs Purchase and sale agreement Closing Staging 77

HomeLight

JULY 12, 2022

Like many other innovations propelled by technological advances, investor groups and iBuyers have their place in the kaleidoscope of real estate sales options. Because they can close in as little as 10 days, online quote companies may be the solution to help protect your hard-earned equity.

Purchase and sale agreement 83

Purchase and sale agreement Investor Equity Closing 83