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Cenlar FSB names Thomas Donatacci as investor relations officer

Housing Wire

National mortgage loan subservicer Cenlar FSB announced on Thursday that it has named the Thomas Donatacci as its investor relations officer. Donatacci has extensive experience in servicing transactions and subservicing, due diligence, and M&A. chief of staff at Impac Holdings Inc. territories.

Investor 310
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UBS agrees to pay $1.4B to settle RMBS fraud case

Housing Wire

Swiss bank UBS AG announced Monday it has agreed to pay $1.43 According to the DOJ, the United States filed a complaint alleging that UBS “defrauded investors” by making false and misleading statements to buyers of 40 RMBS issued in 2006 and 2007 relating to the characteristics of the loans. The settlement with the U.S.

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The crypto-mortgage is the new kid on the block

Housing Wire

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. The financing for the initial deal was handled through a cryptocurrency lender called Helio Lending.

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GSE repurchase risk is rippling through the MSR market

Housing Wire

A fly in the ointment, however, particularly for some independent mortgage banks (IMBs), is the elevated risk of agency loan-repurchase demands — triggered by loans that violate Fannie Mae ’s or Freddie Mac ’s rep and warranty policies due to some defect discovered during the agencies’ post-origination quality-review processes. “On

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Single-family rental market slammed by headwinds

Housing Wire

In addition, secondary market investors continue to show interest in well-underwritten, higher-rate loans secured by single-family rental properties. The third deal in motion, also backed in part by investment properties, is now undergoing due-diligence review. Securities and Exchange Commission.

Marketing 410
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Top Tips and Considerations For Buying Land

Realty Biz

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. Conducting thorough due diligence is the cornerstone of a successful land purchase.

Land 126
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Find Cash Home Buyers in Columbus for a Smooth Sale

HomeLight

Affordable home prices, a strong job market, and a growing population make Columbus, Ohio an attractive market for real estate investors. How to find cash home buyers in Columbus Cash offers are more secure than financed ones and typically come with fewer contingencies. HomeLight always encourages you to reach out to your own advisor.