Banks Design Due diligence Technology 
Housing Wire
NOVEMBER 30, 2020
The Mortgage Collaborative, an independent cooperative network in the mortgage industry, today announced the launch of TMC Emerging Technology Fund LP, a venture capital program funded by a self-selected segment of TMC members to capture opportunities driven by the rapid pace of technological change in the mortgage sector.
Housing Wire
NOVEMBER 29, 2021
Underwriters are needed at the beginning of the process to conduct due diligence on mortgage originations, and they are in demand on the back-end of the pipeline to conduct due diligence on the loans being pooled and securitized in RMBS issuances sold to investors. It depends on who you are,” Mayhew explained.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Housing Wire
APRIL 26, 2022
LoanSnap is a mortgage company that employs artificial intelligence (AI) technology to originate loans more efficiently and faster. As far as a borrower is concerned, they just have a home loan, and they make a payment just like they normally would from their bank account, or they also can make it from their crypto [currency] wallet.”.
Housing Wire
MARCH 15, 2024
So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Rapidly advancing technology and data analytics have also revolutionized the commercial real estate landscape, offering scores of new avenues for value creation and risk mitigation.
HomeLight
OCTOBER 29, 2021
The average time to close a loan was 48 days in July 2021 , according to ICE Mortgage Technology, a company that produces mortgage management technology. The lender needs to do their due diligence on the property you’re buying, too. Reputable lenders do due diligence before they give a preapproval letter,” Maggio says.
HomeLight
APRIL 30, 2022
Buying a house is still one of the most stressful and time-consuming processes in the modern world, even with the advent of technology. Auction.com calls itself the nation’s largest online auction marketplace for foreclosure and bank-owned properties. Buyers bid and purchase properties in live events and online.
HomeLight
MARCH 13, 2023
Reiner advises asking for proof of funds such as a bank statement to ensure the buyer has sufficient resources to close the deal. The buyer does due diligence during the option period in Florida. Due diligence for a cash buyer is mostly title related. The seller and buyer agree on a price and terms.
Expert insights. Personalized for you.
361 
Let's personalize your content