Housing Wire

NOVEMBER 2, 2023

The address listed is 610 Park Avenue, New York, a residential property for sale for $19.9 The address listed is 610 Park Avenue, New York, a residential property for sale for $19.9 Smart Rate Mortgage, LLC is no longer licensed as a residential mortgage company in Illinois. 3, indicating a voluntary surrender.

Loan Officer 432

Loan Officer Bankruptcy Loans Residential 432

Realty Biz

JULY 12, 2021

I’m thinking that bankruptcy might be my only option. What’s important for me to know about filing bankruptcy as a homeowner? How bankruptcies work out is highly dependent on personal circumstances. You definitely want to talk to a bankruptcy attorney before making any final decisions or taking action.

Bankruptcy 91

Bankruptcy Equity Mortgages As-is 91

Housing Wire

AUGUST 30, 2022

From the index : I know it seems strange, but existing home sales are falling, and the monthly supply of new homes is at 10.9 months even if the last existing home sales report showed home price growth of near 11% year over year. months even if the last existing home sales report showed home price growth of near 11% year over year.

Bankruptcy 382

Bankruptcy Days on market Sales Short sale 382

Housing Wire

AUGUST 3, 2023

Heightened focus on expenses by clients and prospects, as well as the proposed ICE transaction, has elongated the sales cycles in the short term; market conditions continue to result in elevated originator consolidation, bankruptcies and associated attrition, according to its filing with the Securities and Exchange Commission (SEC).

Bankruptcy 364

Bankruptcy Mortgages Development Loans 364

Housing Wire

JANUARY 18, 2021

The first time Lawyers Title of Arizona Sales Executive Sarah Perkins walked through an acquisition was 2006. The sky was falling,” Perkins said, describing the environment of fear as companies were acquired, layoffs were rampant and bankruptcies were common. During her second acquisition in 2008, the story was much different. “The

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Title Bankruptcy Sales As-is 384

Housing Wire

AUGUST 9, 2022

LLC , recently announced that it is exploring a potential company sale or merger in the wake of posting a $22.4 The latest non-QM player to feel the pain of the interest rate volatility afflicting the nation’s housing market this year is a Pasadena, California-based real estate investment trust called Western Asset Mortgage Capital Corp.

Marketing 392

Marketing Bankruptcy Loans Principal 392

HomeLight

MARCH 31, 2022

If you want to sell your home, but it has large issues you don’t have the time, money or desire to fix, you may consider listing your house for sale “as is.”. In this guide, we’ll walk you though what an “as is” sale really means — and what it doesn’t. An “as is” sale is pretty self-explanatory, but it comes with a few caveats.

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As-is Inspection Investor Short sale 119

Housing Wire

APRIL 18, 2024

The report defines a critical defect as one that “would result in the loan being uninsurable or ineligible for sale.” A large portion of those loans, once repurchased from the government-sponsored enterprises (GSEs) at par, were later resold for much less in the so-called “scratch and dent market.

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Loans Due diligence Investor Technology 410

Housing Wire

FEBRUARY 19, 2021

Seattle-based Redfin has agreed to pay $608 million in cash to acquire RentPath , though the deal still requires sign-off by the Federal Trade Commission and a bankruptcy court. Despite RentPath’s baggage, namely a $650 million bankruptcy restructuring , Redfin sees big traffic and lead-generation potential with the pending acquisition.

Bankruptcy 458

Bankruptcy Brokerage Property Management Agents 458

HomeLight

FEBRUARY 29, 2024

Whether your decision is motivated by job changes, financial needs, or family matters, sometimes a fast home sale is inevitable. Let’s dive in and find out how to turn your San Antonio property into a successful and speedy sale. Receive your offer in 24 hours and close in as few as 10 days.

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Sales Bankruptcy Inspection Closing 83

Housing Wire

MARCH 26, 2024

Just for a moment, let’s imagine a world in which a person purchases a home shortly before a global pandemic. Even though they have a low mortgage rate on their home loan, the pandemic causes unanticipated financial hardships which lead to a decrease in their annual income as well as the necessity of using credit cards for their basic needs.

Equity 424

Equity Loans Bankruptcy New Construction 424

Realty Biz

JANUARY 16, 2022

a $295 million, 105,000-square-foot mansion in Los Angeles’ Bel Air neighborhood has just gone on sale. However, Niami racked up mounting debts as he built the home, and the mansion is now being sold as part of a bankruptcy agreement. The bankruptcy agreement will force the home to be sold at auction to the highest bidder on Feb.

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Purchase and sale agreement Sales Bankruptcy Development 101

Realty Biz

AUGUST 29, 2022

Many more homes have been sold since then and some have even gone through short sales. But what is a short sale exactly, and how is it any different than a regular sale, bankruptcy, or foreclosure? How does a short sale affect you as a homeowner? Are there any benefits of short sales compared to other options?

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Short sale Sales Bankruptcy Banks 108

Housing Wire

NOVEMBER 10, 2022

Angel Oak Home Loans will exit its retail distribution channel following a sale of its retail offices to an unknown lender and servicer. The firm will focus on the non-qualified residential mortgages in the wholesale and correspondent channels. As a result, these loans present a greater risk and typically come with higher interest rates.

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Loans Bankruptcy Loan Officer Lending 302

Housing Wire

AUGUST 3, 2022

In June of last year, New American Funding announced plans to expand its footprint across much of the country by hiring LOs and other sales staff. The firm had 4,800 employees as of July 2021, and hired more than 1,190 workers in the first seven months of last year, New American said in a release at the time.

Bankruptcy 414

Bankruptcy Loan Officer Mortgages Loans 414

HomeLight

MAY 23, 2022

HomeLight’s Simple Sale platform will provide a full cash offer for homes in almost any condition. Median sales price in North Carolina. “As is” is a type of home sale where it’s understood that no improvements will be made to the property. Looking to sell a house “as is” in North Carolina?

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As-is Purchase and sale agreement VA loan Inspection 85

Housing Wire

SEPTEMBER 8, 2022

million homes for sale, but in 2022 we got as low as 870,000 in total inventory. Are we really doing those types of loans and promoting homeownership again without understanding the risks? First, to explain my logic here, I need to express what I believe housing is: “ Housing is the cost of shelter to your capacity to own the debt.

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Loans Banks Equity Closing costs 543

Realtor.com

JANUARY 20, 2023

The listing comes on the heels of the sale of her Pennsylvania dance studio late last year. The dance instructor, who served a prison sentence for felony bankruptcy fraud, might be looking to secure some quick cash with the sale of her Davenport home, which she purchased in 2005 for $243,000, according to property records.

Sales 76

Sales Bankruptcy Design As-is 76

Housing Wire

DECEMBER 8, 2021

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. million new and existing home sales combined. This type of sales growth — which couldn’t happen from 2008-2019, as I have often stated — is coming with a hefty price tag.

Bankruptcy 516

Bankruptcy Loans Sales Short sale 516

Housing Wire

DECEMBER 28, 2021

After the fire, the price of PG&E’s shares tumbled and in early 2019 the company, which provides gas and electricity to the vast majority of Northern California homes, filed for Chapter 11 restructuring bankruptcy. In 2020, as part of its plan to exit bankruptcy , PG&E agreed to fund a $13.5

Bankruptcy 371

Bankruptcy New Construction Construction Agents 371

Housing Wire

NOVEMBER 2, 2020

These services include artificial intelligence, point of sale, loan officer capabilities, fee service, collaboration network, digital closings, PPE, compliance monitoring and actionable analytics. Capabilities include loss mitigation, bankruptcy, foreclosure, invoicing and claims. Business Lines, Services and Products. Originations.

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Lending Bankruptcy Equity Loans 403

Housing Wire

DECEMBER 29, 2021

Retail sales have been off the charts, job openings are at 11 million, GDP growth picked up big time and jobless claims hit a level last seen in 1969. With only one existing home sales report left this year, it is imperative to focus on the fact that more Americans bought homes in 2021 than 2020. However, not only did the U.S.

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Marketing Equity Construction Bankruptcy 531

Housing Wire

APRIL 10, 2023

In December, HousingWire spoke to Flueid about the concept of instant title and why it is a misnomer for mortgage lenders. HousingWire: HousingWire recently spoke to Flueid about the concept of instant title and why it’s a misnomer for mortgage lenders. How is the idea of a “title check” different and what value does it provide to lenders?

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Title Loans Equity Title search 372

Housing Wire

JULY 1, 2022

FGMC filed for Chapter 11 bankruptcy protection in Delaware on Thursday, June 30. VanSingel alleges that she experienced discriminatory conduct from senior vice president of retail sales Simons in January 2022. According to Meyers, other sales managers sent her messages apologizing for Simon’s behavior.

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Loan Officer Bankruptcy Loans Sales 360

Housing Wire

DECEMBER 27, 2022

Other smaller lenders, including real estate tech startup Reali and Sprout Mortgage , shuttered, while First Guaranty Mortgage Corp filed for Chapter 11 bankruptcy. Marty Green thinks of the housing market in 2022 as two very different movies. The first half of the year, with mortgage rates in the 3s and 4s, was like “Fast and Furious.”

Equity 523

Equity Marketing Loans Bankruptcy 523

HomeLight

DECEMBER 19, 2023

Major changes” can include sales or transfers of ownership, tax liens , and changes to the home’s square footage if there have been additions to the property. A property record search can also reveal information about the previous owners, property deeds — and even some personal information about the seller regarding divorce and bankruptcy.

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Title search Bankruptcy Title Land 113

Keeping Current Matters

JUNE 10, 2021

Lehman Brothers) and many more into bankruptcy. Not all of the $700 billion was used, but the important point is that the government did not act with equal fervor to help flailing homeowners, millions of whom lost their homes to foreclosures and short sales. However, it hasn’t rattled the world economy. So far this year we have the $1.9

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Bankruptcy Banks Short sale Industrial 241

Housing Wire

SEPTEMBER 9, 2022

The Fed’s pullback from the MBS market and the additional MBS supply now available for sale, primarily agency MBS, creates pricing pressures for MBS issuers generally. In July and August of this year, there was a total of 25 residential mortgage-backed securities (RMBS) deals secured by mortgage pools valued at $8.3

Marketing 399

Marketing Fixed-rate mortgage Bankruptcy Mortgages 399

Housing Wire

JULY 22, 2022

FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. Non-QM lender First Guaranty Mortgage Corp. Sprout Mortgage imploded in early July, leaving its employees out in the cold. It has since been sued by its former employees.

Lending 381

Lending Banks Bankruptcy Loans 381

Realtor.com

MARCH 24, 2021

Knapp, an occupational therapist for a home-health company, lost much of his income as clients canceled appointments when the COVID-19 crisis began. Instead of offering pandemic-related relief, however, SPS moved to foreclose on the couple, Knapp and Moroni say. Eric Kaplan, Milken Institute Center for Financial Markets.

As-is 85

As-is Mortgages Purchase and sale agreement Bankruptcy 85

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

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Sales Purchase and sale agreement Earnest money deposit Investor 66

Notorious ROB

OCTOBER 24, 2022

The market was crazy hot, and both mortgages and home sales were going stratospheric. Sales plummeted. They ended up having to fire sale their investment properties, sell their vacation home, and suffered enormously for years. This will be a quick one. Just had lunch with a friend and client who has been a broker for decades.

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Brokerage Bankruptcy Property Management Title 88

HomeLight

FEBRUARY 9, 2024

Many Des Moines residents find themselves in situations where time is of the essence, requiring a fast and efficient sale process. With strategies ranging from cash offers to partnering with top real estate agents, this guide will explore the best methods to achieve a quick sale without sacrificing value.

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Bankruptcy Sales Property Management Renovation 109

Housing Wire

JUNE 9, 2022

Loans that before would move at 102 or 103 [above par] all of a sudden were on sale at 99 in January, and that was a really hot trade,” said John Toohig, managing director of whole loan trading at Raymond James in Memphis. The hope is we can put a whole bunch of 5.5% The hope is we can put a whole bunch of 5.5%

Marketing 381

Marketing Loans Technology Bankruptcy 381

Housing Wire

JANUARY 20, 2021

For example, it shows whether the owner has ever filed for bankruptcy or if they’re facing foreclosure. As 2021 unfolds, the real estate industry is still dealing with ongoing concerns introduced and exacerbated by the COVID-19 pandemic last year, leaving agents and brokers facing multiple challenges with their work.

Bankruptcy 413

Bankruptcy MLS Agents Design 413

Housing Wire

OCTOBER 12, 2023

So the technology that’s supposed to save you can also be the thing that drives the mortgage company into bankruptcy. So we built our sales machine around that. So essentially, the two biggest promises of technology, that it would lower costs and increase speed, have not materialized in any way. That model just doesn’t work.

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Mortgages Technology Loans Loan Officer 414

Housing Wire

DECEMBER 21, 2021

The pool of non-QM borrowers includes real estate investors, property flippers, foreign nationals, business owners and the self-employed, as well as a smaller group of homebuyers facing credit challenges, such as past bankruptcies. For the full year, the RMBS 2.0

Marketing 397

Marketing Loans Investor Bankruptcy 397