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QC Ally acquires due diligence solutions firm Inglet Blair

Housing Wire

Loan quality and audit services company QC Ally on Thursday announced the acquisition of third-party due diligence solutions company Inglet Blair. Inglet has joined QC Ally as an equity partner. “We Terms of the deal were not disclosed.

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How is the mortgage rate environment affecting due diligence? 

Housing Wire

HousingWire recently spoke with Brian Adams, Division President of Due Diligence at Consolidated Analytics , about due diligence in the current mortgage market. HW: How is the rate environment affecting due diligence? HW: What does due diligence look like for different types of loans?

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3 Properties That Need More Due Diligence Before Purchasing

Realty Biz

When you are buying a home there are three types of properties that need more research and due diligence. Types of Properties With More Required Due Diligence. Short Sales Require Patience and Due Diligence. There is often an economic downturn that causes homeowners equity to decrease substantially.

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NYCB to sell $5B in mortgage warehouse loans to JPMorgan

Housing Wire

The transaction is subject to due diligence, negotiation of definitive terms and other closing conditions. On March 6, the company received $1 billion in equity investment , led by former U.S. Department of Treasury Secretary Steven Mnuchin’s private equity firm, Liberty Strategic Capital.

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The crypto-mortgage is the new kid on the block

Housing Wire

The crypto-mortgages originated by LoanSnap so far are more akin to home-equity loans as opposed to home-purchase or rate-and-term refinance loans. LauraMac is a software as a service, or SaaS, firm that provides due-diligence automation tools for the secondary market. To date, LoanSnap has originated about $7.3

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GSE repurchase risk is rippling through the MSR market

Housing Wire

Piercy said savvy MSR buyers have instituted “counterparty diligence forever,” adding that regardless of the repurchase environment, that counterparty review [due diligence] “is critical.” If there is a risk, then they will expand that due diligence to see what else is there, and that’s how buyers protect themselves.

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How hybrid title and valuations help increase lending efficiency

Housing Wire

HousingWire: What are some due diligence and underwriting challenges loan originators face today? Steve Greenfield: Lenders have always faced certain challenges when meeting necessary due diligence and providing accurate underwriting services. With the pandemic, they can be even more difficult these days.

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