BAM Media

JUNE 24, 2025

I’ve seen bank statements with no names. That’s not due diligence. For industry news, edutainment, and humor, sign up for the BAM newsletter. If the MLS says “Include pre-approval and buyer financials,” don’t just send over an agreement with nothing attached. I’ve literally received ATM receipts as proof of funds.

Agents

AAOA

MARCH 19, 2025

The Shift Toward Digital Payments Property management companies are increasingly moving away from cash and check payments, instead encouraging residents to use online portals, digital wallets, and automated bank transfers. Many residents, particularly those from lower-income households, may not have access to online banking or credit cards.

Property Management

HomeLight

FEBRUARY 11, 2025

Real estate investors and developers continue to show interest in Beaumont for its booming petroleum, manufacturing, and shipping industries. Do your due diligence Its critical to vet any house-buying company before proceeding with a cash offer. However, the Beaumont housing market has seen a downturn in recent months.

Proof of funds

HomeLight

MARCH 6, 2025

While agents do charge a commission , their market expertise and industry connections can help make the sale more efficient. Do your due diligence Before committing to a cash buyer, take time to verify their legitimacy. If you dont already have an agent, HomeLight can connect you with top-rated professionals in Vermont.

Proof of funds

Rochester Real Estate

NOVEMBER 5, 2015

You will need some valid identification, recent bank statements and pay stubs, social security card, and referral letters if you have them. It takes a lot of due diligence to make sure you’re going to be happy when you choose to live. Bill has been working in the real estate industry for the past thirty-three years.

Staging

HomeLight

JANUARY 29, 2025

Both local and out-of-state investors are actively purchasing homes in the area, attracted by the city’s thriving healthcare, construction, technology, and industrial sectors. Do your due diligence Before accepting an offer, take time to research cash-for-home companies to avoid potential pitfalls.

Due diligence

The Close

NOVEMBER 12, 2024

As part of your due diligence, here are some factors to explore when purchasing land. Industrial: Warehouses for storage, discount wholesale stores, lumber yards, or factories. Banks also view raw land as riskier, making financing more difficult. If the owner cannot access the land, it can become valueless.

Land

HomeLight

MARCH 7, 2025

While agents charge a fee , their expertise and industry connections can help streamline your sale. Do your due diligence Before committing to a cash offer, take time to investigate potential buyers. Always ask for proof of funds such as a bank statement to confirm the buyers financial capability.

Proof of funds

Marco Santarelli

JUNE 15, 2025

This diversified base makes the economy more resilient to downturns in any single industry. Cincinnati Nestled on the Ohio River, Cincinnati boasts a strong, diverse economy anchored by major corporations like Procter & Gamble, Kroger, and Fifth Third Bank. The corporate presence provides a consistent job market.

Investor

HomeLight

MARCH 14, 2025

While agents do charge a commission , their experience and industry connections can help you close the deal faster. Do your due diligence Before you commit to a cash buyer, its important to evaluate the company thoroughly. If you dont already have an agent, HomeLight can match you with top-rated professionals in Hemet.

Proof of funds

Marco Santarelli

JUNE 26, 2025

State-Specific Regulations: Each state has its own set of regulations governing the mortgage industry, which can impact lender costs and, ultimately, the rates they offer. Compare rates from different banks, credit unions, and online lenders. Here's my top advice: Shop Around, Shop Around, Shop Around: I can't stress this enough!

Mortgages

HomeLight

FEBRUARY 10, 2025

The citys strong healthcare, manufacturing, and fishing industries continue to attract both local and out-of-state investors. Do your due diligence Before committing to a cash buyer, take time to verify their credibility. With New Bedfords competitive housing market , now may be the right time to consider a cash sale.

Proof of funds

Housing Wire

MARCH 14, 2025

The title insurance industry continues to seek a new normal when it comes to transaction volume, as well as mergers and acquisitions (M&A). an investment banking firm specializing in the sector; and Michael Rubin, president of Shaddock National Holdings for their takes on the current climate. year over year.

Title

HomeLight

FEBRUARY 19, 2025

Even while the Broward County market is showing signs of cooling , demand from local and out-of-state investors remains high due to the regions favorable climate, beachfront living opportunities, and myriad of thriving industries. If speed and simplicity are your top priorities, it could be the ideal time to explore cash offer options.

Proof of funds

Housing Wire

MARCH 31, 2025

Prior to embarking on his forays into the reverse mortgage industry, Wagner served as chief operating officer for San Diego Financial Corporation , at the time the largest bank holding company in that city. Bob Sivori, reverse mortgage industry veteran of several major lenders and servicers, joined Ibis board of directors last year.

Due diligence

HomeLight

MARCH 6, 2025

While agents do charge a commission , their expertise and industry relationships can help you sell faster and with peace of mind. Do your due diligence Before accepting a cash offer, take the time to verify the legitimacy of the company youre considering.

Proof of funds

Housing Wire

MARCH 9, 2022

Incenter is adding a third-party due diligence review firm to its umbrella of companies. Edgemac , which Incenter acquired at the end of last year, does due diligencing for mostly non-QM and jumbo loans, as well as private label reverse mortgages that could eventually be securitized.

Due diligence

Housing Wire

JUNE 20, 2024

Oklahoma -based Adfitech , a mortgage industry partner for quality control and risk management services, has changed its name to Mortgage Connect Risk Solutions. In February 2024, industry veteran Kim Hoffman was hired as president of the new affiliate. It reports that its 300-plus clients include several major U.S.

Due diligence

Housing Wire

NOVEMBER 29, 2021

One group of industry players — loan underwriters — are the chief cause of the logjam. The same was the case with industry groups and regulators like the Mortgage Bankers Association , the National Association of Mortgage Underwriters and the U.S. About a half-dozen RMBS issuers also were contacted for this story, including J.P.

Due diligence

Housing Wire

NOVEMBER 16, 2022

trillion in volume, according to industry forecasters. But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. With such a drastic downturn, the pressure for industry consolidation increases dramatically. trillion to $1.7

Banks

Housing Wire

OCTOBER 23, 2023

Over the course of our 40+ years at RealTrends Consulting we’ve brokered and/or advised on over 900 transactions in the residential real estate industry. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

Due diligence

Housing Wire

MAY 15, 2024

New York Community Bancorp , the parent of Flagstar Bank , said it’s still committed to the home loan business despite selling approximately $5 billion in warehouse mortgages to JPMorgan Chase Bank to improve its capital and liquidity position. The bank was followed by Flagstar, with $11.8 billion in volume and a 12.3%

Loans

Housing Wire

APRIL 18, 2024

ACES Quality Management , a fintech that provides quality-control software for the financial services industry, issued a Mortgage QC Industry Trends report with data through Q3 2023. That’s a much better outcome and solution for the industry.” The problem obviously is bad loans that lead to repurchase and indemnification.”

Loans

Housing Wire

MARCH 23, 2021

Wherever there is commerce, there will be fraud, and the mortgage industry is no exception. In recent years, we have seen a significant uptick in fraudulent activity ranging from the high tech — intercepted wire transfers and electronic title phishing scams — to low-tech, such as applicants submitting falsified or doctored bank statements.

Lending

Housing Wire

NOVEMBER 30, 2021

The causes of the underwriter shortage are varied, but it is most pronounced in the private-label market, industry insiders contend. One major dynamic at play is that the same pool of underwriters is in demand for both loan originations, and, on the backend of the process, for doing due-diligence for private-label loan-pool securitizations.

Due diligence

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?

Due diligence

Housing Wire

SEPTEMBER 6, 2022

The most straightforward method for understanding a consumer’s ability to make a mortgage payment is analyzing the funds going in and out of their bank each month. With natural language processing mining a consumer’s bank data, lenders can take major monthly expenses like childcare into account when determining credit eligibility.

Due diligence

Housing Wire

JUNE 3, 2024

State regulators, investors, creditors, business partners, and the public in general conducting due diligence or research are expected to use the information available. As a result, many banks, credit unions, and mortgage companies are known to regulators, but some nonbank firms are still not licensed or registered.

Due diligence

Housing Wire

APRIL 12, 2023

In the case of the real estate company, a spoofed email that purported to be from a real estate agent at the company directed a closing attorney to wire $154,000 in home-purchase funds to a bank account controlled by the fraudsters. bank accounts to various locations in West Africa via wire transfers.

Industrial

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? Office buildings, retail spaces, industrial complexes and other CRE properties generally command higher price tags and offer greater revenue-generating potential compared to residential properties.

Commercial

Housing Wire

JUNE 15, 2023

Donatacci has extensive experience in servicing transactions and subservicing, due diligence, and M&A. Prior to joining Cenlar, Donatacci held executive positions at various organizations in the mortgage industry. The company has a client base that includes banks, credit unions, and mortgage bankers. territories.

Investor

Housing Wire

DECEMBER 3, 2021

This week’s HW+ member spotlight features Reina Ramos, senior vice president, mortgage market leader at City National Bank of Florida. She joined CNBF after more than a decade with Seacoast Bank , where she served as senior vice president, residential lending production manager. There was so much information to absorb and retain.

Due diligence

Housing Wire

SEPTEMBER 13, 2023

The mortgage servicing rights (MSR) market has been very active this year, with robust deal flow that is on par with last year’s record $1 trillion in trading volume and with generally good pricing for MSR packages, industry experts agree. We’re seeing good multiples [a measure of pricing on MSR pools], like 5.5

Due diligence

Housing Wire

APRIL 26, 2022

You’re probably one of the first person in the industry that I’m talking to about it,” he added. 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.”.

Due diligence

Housing Wire

DECEMBER 9, 2021

Investment bank Goldman Sachs , through its affiliate Goldman Sachs Mortgage Co., Michael Franco, CEO of SitusAMC , which provides due-diligence services to RMBS issuers, said market dynamics have played a major role in the dominance of jumbo-loan securitizations in the private-label market this year.

Loans

Housing Wire

JANUARY 5, 2022

SitusAMC, a leading provider of services and technology to the real estate industry, controls some 60% to 70% of the due-diligence loan-review market, according to its CEO, Michael Franco. As part of a private-label securitization transaction, hundreds or even thousands of mortgages are pooled, vetted and placed in a trust.

Due diligence

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.

Technology