Housing Wire

JANUARY 6, 2023

This can cause problems for servicers in instances where loans are acquired with unknown, pre-existing property tax delinquencies missed in the due diligence phase. Some of these risks include: Minimum due diligence on a new loan population incurred from the previous servicer “Pre-existing” conditions (e.g.

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Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. TF: Effective risk management in REO asset sales involves awareness of the intrinsic risks.

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Housing Wire

OCTOBER 16, 2023

Vendors might not be as experienced with utilizing AI, so asking due diligence questions for for data security is also key, Joseph Zeibert, vice president of FICO , pointed out. Have we developed a model that is in fact fair? How do I start using it with other data sources we have?

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Housing Wire

APRIL 22, 2021

” Redfin pegs the average list price for a home at $325,000 in Raleigh, with sales prices averaging $333,000 — up 10.7% “Plus, we’re a due diligence state, so right now if you don’t go way over listing price and offer a substantial due diligence price, there’s no point in even submitting an offer.”

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Realty Biz

OCTOBER 23, 2023

Real-world uses for AI in real estate currently include: Property valuation: AI-powered algorithms can analyze large amounts of data to accurately value properties, taking into account factors such as location, condition, and recent sales. Due diligence: AI can be used to automate the due diligence process for real estate transactions.

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As-is Industrial Due diligence Development 95

HomeLight

MAY 10, 2024

Sell Your House Fast in Columbus With a Cash Offer Get an all-cash, no-obligation offer on your Columbus home through HomeLight’s Simple Sale platform whenever you’re ready. Do your due diligence Research and verify the credibility of any cash-for-homes company you’re considering before reaching out to them.

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Proof of funds Sales Due diligence Investor 88

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. HousingWire: How do Trelix services help users minimize risks and perform loan due diligence?

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Housing Wire

APRIL 26, 2022

In addition to crypto-mortgages, LoanSnap is a full-stack mortgage company that originates traditional mortgages as well. Our system I think is good enough that it can do not just the loans that we originate, but [loans originated by] other people,” Jacob said. It’s an open platform. To date, LoanSnap has originated about $7.3

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Housing Wire

AUGUST 14, 2023

billion in penalties to settle a civil action alleging misconduct related to the underwriting, issuance and sale of residential mortgage-backed securities (RMBS) before the 2008 financial crisis. A recent filing from UBS showed the Swiss bank took a hit of about $17 billion due to the takeover. The settlement with the U.S.

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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. ” Richmond, Virginia-based LenderSelect Mortgage Group, which provides mortgage loan solutions to lenders, closed its sale to Blue Ridge Bankshares Inc.

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Housing Wire

NOVEMBER 13, 2023

Expand your horizons As the front-end technology mortgage borrowers often interact with first, the point-of-sale (POS) system is the most logical starting point for lenders to build the unique borrower experiences they desire. In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do.

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Lending Due diligence Technology Loans 405

Housing Wire

MARCH 21, 2022

It’s one thing to throw buzzwords like “due diligence” around when the time comes to build an M&A strategy, and yet, quite another to walk away with maximum ROI. It’s one thing to throw buzzwords like “due diligence” around when the time comes to build an M&A strategy, and yet, quite another to walk away with maximum ROI.

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Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. The reperforming-loan sale is slated to close by late October 2022, after due-diligence period. million in unpaid principal balance; pool 2 is at $342.5

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Loans Purchase and sale agreement Principal Due diligence 383

Housing Wire

DECEMBER 6, 2023

A home purchase or sale might be the most significant financial commitment a person makes in their lifetime, and many sales are layered with complicated feelings. Do your homework While some urgent situations are beyond your control (see: global pandemic), others can be largely pre-empted with due diligence.

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HomeLight

APRIL 22, 2024

Albuquerque is ripe with opportunities for real estate investors due to its relative affordability, abundance of high-quality tenants, and growing economy. Sell Your Albuquerque House Fast With a Cash Offer Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready.

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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 threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. But as the housing industry has gotten better at tackling it, fraudsters have been hard at work developing more creative scams.

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HomeLight

FEBRUARY 26, 2021

These are all items that you may see listed for sale “as is” on sites like Facebook Marketplace or Craigslist. So how do “as is” sales in furniture and retail translate to “as is” sales in real estate? A couch with a red wine stain. An iPad with software issues. A car with a few dents and scratches.

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Real Trends

MAY 26, 2023

What once featured pictures of food and puppies has been replaced by a barrage of posts about sales coaching, so let’s take a look at what is going on. Just like a personal trainer can keep you accountable and show you improved techniques, a sales coach can guide you as you navigate these unchartered waters.

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Realty Biz

FEBRUARY 19, 2024

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Careful due diligence is necessary to ensure you don't make any significant mistakes. This guide will navigate you through these complexities. Ask several vital questions before moving forward.

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HomeLight

SEPTEMBER 21, 2023

So, you’ve accepted an offer on your home sale. Either way, you probably have one very important question on your mind: when does a seller get paid after closing on a home sale? These can include where you live, whether it’s a cash or mortgage-financed sale, and whether you’re working with a top real estate agent.

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Housing Wire

APRIL 30, 2021

There’s mortgage point of sale software, product price eligibility, CRM and LOs. An ecosystem is a complex network of organisms that live and interact in a mutual environment. For that ecosystem to maintain and survive each organism must work together in a symbiotic manner. Right now, the mortgage ecosystem is fractured.

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Realty Biz

NOVEMBER 16, 2023

Here are a few examples: Property valuation: AI-powered algorithms can be used to accurately value properties, taking into account factors such as location, condition, and recent sales. Due diligence: AI can be used to automate the due diligence process for real estate transactions.

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Realty Biz

SEPTEMBER 26, 2023

For those searching for Greece property for sale , understanding the intricacies of the country's real estate regulations and practices is paramount. This contract is not mandatory but can serve to outline the terms of the sale, including the price and any other conditions both parties wish to include.

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Toronto Realty Blog

OCTOBER 10, 2023

TorontoRealtyBlog I’ll tell you which call I have not received in quite some time: the good, ‘ole, “power of sale” seeker. A power of sale can come in many different shapes and sizes. There’s a common misconception that all power of sales are for run-down properties, but they’re not.

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Housing Wire

MAY 5, 2022

You can use that time to prepare for the sale, and when the lease ends, you start the process. You can conduct the sale as you would with any other buyer, selling the house in a decent amount of time. Capital gains are the difference between the cost basis (purchase price plus any acquisition costs) and the sale price.

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Housing Wire

MAY 23, 2023

The growing wave of loan-repurchase requests from Fannie Mae and Freddie Mac has yet another major wrinkle, industry sources reveal, and this new problem, if accurate as alleged, threatens to disrupt future merger and acquisition (M&A) activity in the mortgage-finance industry.

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HomeLight

APRIL 9, 2024

As Miami’s real estate landscape continues to evolve, more homeowners are exploring the option of cash sales for a more direct and hassle-free transaction. Sell Your House Fast in Miami With a Cash Offer Get an all-cash, no-obligation offer on your Miami home through HomeLight’s Simple Sale platform whenever you’re ready.

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Proof of funds Due diligence Investor Banks 98

HomeLight

MAY 7, 2024

In 2023, cash sales accounted for 18.7% Sell Your House Fast in Charlotte With an All-Cash Offer Get an all-cash, no-obligation offer on your Charlotte home through HomeLight’s Simple Sale platform whenever you’re ready. of all real estate transactions in the city, according to Canopy MLS. real estate markets.

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HomeLight

MARCH 13, 2023

A cash sale may provide the speed and efficiency you need. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Buyers were liquid with cash and there are a lot of sellers going that route rather than waiting on a traditional sale.

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HomeLight

FEBRUARY 29, 2024

Sell Your Spokane House Fast With an All-Cash Offer Get an all-cash, no-obligation offer on your Spokane home through HomeLight’s Simple Sale platform whenever you’re ready. Inherited property: The maintenance and taxes that often come with an inherited home may prompt a quick sale. No showings, no repairs, no open houses.

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HomeLight

MAY 10, 2024

With a scarcity of buildable lots and historically low inventory, Long Island is a booming market for all-cash home sales. If you’re a homeowner looking to avoid the traditional market headaches — think contingencies, financing delays, and appraisals — accepting a cash offer ensures a faster, less complicated home sale.

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Proof of funds Due diligence Investor Agents 74

Housing Wire

MARCH 11, 2022

To get a better idea about how big a role H4P will play in Fairway’s plans, RMD sat down with its National Reverse Mortgage Director Harlan Accola and its National Reverse Sales Training Specialist Dan Hultquist to learn more about H4P’s importance to Fairway’s future plans. Diagnosing low H4P uptake. of all endorsements in 2021.

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HomeLight

NOVEMBER 13, 2023

When life’s unexpected twists call for a quick home sale in Royal Oak, We Buy Houses companies stand ready with all-cash offers, even if your property isn’t in tip-top shape. These offers are great for homeowners who may not have the time, funds, or desire to handle repairs and upgrades that a traditional market sale demands.

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Realty Biz

MARCH 19, 2022

From zoning restrictions to environmental conditions, many considerations go into finding the right land for sale. A real estate agent experienced in land sales can use the knowledge and connections to find you a lot that fits your bill. Additionally, they will successfully navigate through negotiations, due diligence, and closing.

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HomeLight

OCTOBER 9, 2023

In this post, we’ll help you navigate your choices, ensuring you make an informed decision about your Missouri home sale. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. However, is selling your home for cash always the right decision?

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HomeLight

MAY 15, 2024

Whether you’re on a short selling timeline or own a house that needs significant work, a cash home sale offers clear advantages. Sell Your Indianapolis House Fast With an All-Cash Offer Get an all-cash, no-obligation offer on your Indianapolis home through HomeLight’s Simple Sale platform whenever you’re ready.

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Proof of funds Due diligence Investor Renovation 81

Housing Wire

MAY 10, 2022

Hill also was accused of defrauding his employer out of $480,000 in sales commissions. He later found himself the target of a federal investigation that alleged the criminal conspiracy he engaged in resulted in more than $21 million in fraudulent mortgage loans being originated, many insured by the FHA. Million — [Tampa, Florida].

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