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 329

Housing Wire

NOVEMBER 13, 2023

In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. It’s the backbone of the lending process , responsible for handling complex calculations, managing compliance and orchestrating a multitude of moving parts to transform an application into a closed loan.

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Lending Due diligence Technology Loans 358

Housing Wire

OCTOBER 29, 2020

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. Our professionals then work within their technology, reducing potential challenges about the technology integration.

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Due diligence Mortgages Title search Loans 365

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. Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform.

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Due diligence Loans Lending Technology 314

Housing Wire

JULY 26, 2022

After accepting Sprout’s written offer, the parties started the due diligence process. Learn how updating your mortgage technology stack can help you get ahead in today’s unpredictable lending environment. New Wave said it requested bids from multiple investors from Jan. 20, 2022, to Feb. Presented by: Polly.

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Due diligence Mortgages Principal Lending 349

Housing Wire

JULY 26, 2022

After accepting Sprout’s written offer, the parties started the due diligence process. Learn how updating your mortgage technology stack can help you get ahead in today’s unpredictable lending environment. New Wave said it requested bids from multiple investors from Jan. 20, 2022, to Feb. Presented by: Polly.

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Due diligence Mortgages Principal Lending 346

Housing Wire

APRIL 26, 2022

LoanSnap is a mortgage company that employs artificial intelligence (AI) technology to originate loans more efficiently and faster. LauraMac is a software as a service, or SaaS, firm that provides due-diligence automation tools for the secondary market. We’re not huge, but we’re not small either.”.

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Due diligence Mortgages Equity Loans 435

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.

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Technology Due diligence Title Marketing 145

Housing Wire

MAY 16, 2023

” Richmond, Virginia-based LenderSelect Mortgage Group, which provides mortgage loan solutions to lenders, closed its sale to Blue Ridge Bankshares Inc. We have everything from the point of sale, quality control to due diligence as we offer services across the entire origination value chain,” Paasonen said.

Mortgages 318

Mortgages Due diligence Banks Technology 318

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?

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Due diligence Technology Loans Lending 335

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?

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Technology Due diligence Development Loan Officer 410

Housing Wire

MAY 22, 2023

Setpoint , a real estate funding platform, acquired Resolute Diligence Solutions to support proptech and single-family rental re-engagement in the market, the firm said. About six months prior to the funding, the tech firm closed a $5.5 In December, Setpoint raised $43 million in a Series A round led by Andreessen Horowitz (a16z).

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Due diligence Title Banks Closing 330

Housing Wire

SEPTEMBER 6, 2022

ATP helps lenders turn declined loans into closed loans, and it helps more consumers unlock the generational wealth building power of homeownership. When you send a rent verification request, a busy or uninvolved landlord may simply sign it and confirm a consumer paid their rent on time without the strict due diligence that lenders need.

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Due diligence Banks Finance Technology 408

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. For that ecosystem to maintain and survive each organism must work together in a symbiotic manner.

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Due diligence Mortgages Technology Loans 301

Housing Wire

JANUARY 5, 2022

SitusAMC, a leading provider of services and technology to the real estate industry, controls some 60% to 70% of the due-diligence loan-review market, according to its CEO, Michael Franco. In terms of competition, Franco added that the private-label market is now largely uncharted territory with respect to loan-defect insurance.

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Due diligence Marketing Loans Mortgages 321

Housing Wire

AUGUST 12, 2022

The reperforming-loan sale is slated to close by late October 2022, after due-diligence period. Freddie Mac updates risk mitigation requirements for the industry due to elevated cybersecurity threats. Bids for the FNA 2022-RPL4 offering are due by Sept. billion.

Loans 374

Loans Purchase and sale agreement Principal Due diligence 374

Housing Wire

FEBRUARY 7, 2022

Purchase loans create unique challenges for lender processing, compliance, underwriting and funding teams, particularly when it comes to closing the loan. Using New Technology and New Approaches. The same technology, approach and benefits can also be made available to your internal teams that work with third-party vendors.

Loans 303

Loans Due diligence Title Technology 303

Realty Biz

NOVEMBER 16, 2023

Artificial intelligence (AI) is quickly becoming an integral part of the real estate technology industry. Part of a Growing Trend In addition to Lendesk's Lender Spotlight AI assistant, there are a number of other examples of how AI is being used in the real estate technology industry.

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Due diligence Technology Industrial Development 91

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. .”

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Equity Due diligence Technology Investor 372

Housing Wire

SEPTEMBER 21, 2021

Other investors included Rotor Capital , The Mortgage Collaborative Emerging Technology Fund , Prudence Holdings , and existing investors, including Anthemis Group , Route 66 Ventures , and Sovereign’s Capital. Founded in 2016, Maxwell looks to digitize the entire mortgage transaction with fulfillment, payments, and due diligence solutions.

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Due diligence Investor Loans Lending 238

Housing Wire

MARCH 23, 2021

The COVID-19 pandemic, coupled with skyrocketing refinance applications due to a low interest rate environment, have created a perfect storm for fraud. Using such technology reduced the review time for an underwriter and caught information that was not caught during the normal quality control process. Underwriters with hidden agendas.

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Lending Mortgages Due diligence Debt-to-income ratio 402

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.

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Due diligence Technology Banks Title 327

Housing Wire

JULY 11, 2022

Evolve has expertise in origination and post-closing services, servicing acquisition due diligence, forensic compliance reviews and agency deliveries, according to its news release. The key to attracting and retaining mortgage talent in turbulent times.

Mortgages 345

Mortgages Due diligence Finance Loans 345

Housing Wire

APRIL 20, 2022

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? In addition to first mortgages, do you (or will you) offer HELOCs and closed-end seconds? Start with a few basic questions.

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Lending Due diligence Investor Technology 288

Housing Wire

JULY 27, 2021

This must be more than just an individual technology or system, but comprehensive, end-to-end solutions that can drive efficiency from application through close to the delivery of loans into the secondary market. At the heart of our ecosystem approach is technology.

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Industrial Mortgages Lending Due diligence 382

Housing Wire

APRIL 16, 2021

For those in the title industry seeking to build an M&A strategy, you probably already have a plan; perhaps a consultant and a (hopefully) great attorney or compliance consultant to handle the ins and outs of due diligence, valuation and the acquisition or merger itself. That’s pretty basic.

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Title Industrial Due diligence Technology 348

RIS Media

AUGUST 30, 2021

There will no doubt be many more unexpected benefits to analyze in the coming months, but here, I’d like to share two such benefits that have come about as a result of the shift to remote closings. What if both sides didn’t have to meet at closing, avoiding any confrontations that could arise?

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Closing Due diligence Technology Agents 74

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 they?

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Due diligence Technology Loans As-is 386

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.”

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Loans Principal Technology Development 287

Real Trends

MARCH 14, 2023

Instead of bemoaning the new-found listing competition, Klaus decided to make the new technology work for him. “ The Phoenix market seems to be where a lot of this technology launches, so we have a choice here: you either try to ignore it, or you run at it and learn how to use it,” Klaus said. “My

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Closing Agents Due diligence Technology 94

Realty Biz

OCTOBER 23, 2023

Now, there’s more evidence than ever that AI technology is here to stay in the real estate industry. Due diligence: AI can be used to automate the due diligence process for real estate transactions. This can help agents and brokers to be more responsive to their clients' needs and to close deals more quickly.

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As-is Industrial Due diligence Development 95

Housing Wire

MAY 26, 2023

When it comes to close on the sale of the property the scammer will request a remote notary signing. The scammer then impersonates the notary and returns falsified documents to the title firm or closing attorney involved in the transaction. The title firm then transfers the closing proceeds to the scammer.

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Title Land Due diligence Sales 358

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.

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Industrial Banks Title Technology 349

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?

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Closing Inspection Title Due diligence 77

Marco Santarelli

APRIL 11, 2024

Additionally, advancements in big data and computing power have enabled investors to conduct more thorough due diligence and forecast market trends with greater accuracy. This technological leap has also streamlined property management costs, enhancing the scalability of SFR investments.

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Due diligence Investor Property Management Technology 81

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.

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Closing MLS Pre-qualification Due diligence 82

Housing Wire

NOVEMBER 16, 2022

David Hrobon, a principal with the Colorado-based mortgage advisory firm the Stratmor Group , in a recent report projected that some 50 merger or acquisition deals will be announced or closed by year’s end, which is 50% more transactions than in 2018 — the prior high-water mark for lender consolidations over the past three decades.

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Banks Mortgages Loan Officer Due diligence 398