Housing Wire

MAY 23, 2022

The 2022 housing market has been underscored by interest rate spikes and refi decline and lenders are working hard to adjust to new borrower trends. We are seeing many lenders take advantage of this opportunity by increasing their share of the fast-growing home equity market. Technology equals efficiency.

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Equity Title Technology Loans 375

Housing Wire

MAY 17, 2023

Rocket Mortgage ‘s top executives believe the mortgage market is near the bottom, which means a recovery may be on the horizon soon. And if you can have a credit card with benefits, cash back and, even more, the option to offset closing costs, that’s valuable. Nunes: Where are we in the mortgage market cycle?

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Marketing Banks Mortgages Industrial 362

Housing Wire

MARCH 9, 2023

The program would grant certain mortgage lenders a waiver on title insurance requirements for loans sold to Fannie Mae and will be rolled out this spring, according to Politico. One of the goals they outlined in those plans is a push to reduce closing costs, especially for low-income borrowers. trillion in U.S.

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Title Closing costs Finance Land 393

Housing Wire

FEBRUARY 5, 2021

According to Guaranteed Rate, Owning’s direct-to-consumer platform processed over $20 billion in total loan volume in 2020. Last year, the mortgage firm also had two loan originators produce over $1 billion in mortgages: Ben Cohen and Shant Banosian. According to the NMLS, Owning has 62 loan officers and was formed in 2018.

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Loan Officer Loans Closing costs Title 414

Housing Wire

MARCH 1, 2021

But the fact is that it takes an average of 47 days to close a mortgage (according to Ellie Mae as of September 2020 ). Much of that is, from the Realtor’s or consumer’s perspective, the “dead time” between the excitement of getting approved for the loan and the additional excitement of getting the keys. The wait seems tedious.

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Closing Marketing Title Title search 273

Housing Wire

FEBRUARY 23, 2023

Patrick O’Brien, the founder and CEO of LenderLogix , said the product was designed in response to the need for a more efficient and cost-effective method of managing the loan application process. When the application is complete, the loan originators give borrowers a customized needs list and a secure document upload link. “As

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Pre-approval Loans Closing costs Mortgages 339

Housing Wire

NOVEMBER 30, 2022

The promises of technology have largely been lost in the mortgage industry and little has been done to reduce costs for homebuyers.”. Last summer, Voxtur bought mortgage servicing rights trading platform Blue Water Financial Technologies.

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Industrial Title Lending Technology 367

Housing Wire

MARCH 22, 2023

HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty. We’ve seen savings of up to 30% in difficult markets like Texas and Florida.

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Debt-to-income ratio Closing Loans Closing costs 401

Lab Coat Agents

MAY 1, 2024

VA loan assumptions offer a fantastic opportunity for your clients to save thousands on their mortgage in a rising interest rate environment. What is a VA Loan Assumption? What is a VA Loan Assumption? When a buyer assumes a VA mortgage loan, they take over the seller’s existing loan balance and current interest rate.

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VA loan Loans Debt-to-income ratio FHA loan 52

Housing Wire

APRIL 25, 2023

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

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Lending Banks Loan Officer Loans 362

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. What’s the difference between a home inspection and an appraisal?

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Housing Wire

JUNE 30, 2021

Data analytics giant CoreLogic announced on Wednesday the acquisition of closing cost data and tech provider ClosingCorp. Previously, ClosingCorp integrated CoreLogic’s Property Tax Estimator into its SmartFees service and closing platforms in 2018. Further details of the acquisition were not disclosed.

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Closing Closing costs Investor Title 381

Housing Wire

OCTOBER 13, 2022

One of the goals they outlined in those plans is a push to reduce closing costs, especially for low-income borrowers. Based on those plans, both GSEs are pushing pilot programs promoting the use of attorney opinion letters, reportedly as an alternative to reduce closing costs.”. But AOL proponents have a different take.

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Title Closing costs Title search Closing 364

Housing Wire

MAY 9, 2022

Closing costs for homeowners who jumped on the refi wave in 2021 increased at less than one-third the pace of closing costs for home purchases as homebuyers had to cope with a hot market that fueled higher home-sale prices and related settlement costs. How to avoid home closing delays in 2022.

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Closing costs Closing Loans Title 369

Realty Biz

JANUARY 19, 2024

By following these steps, you can easily navigate the real estate market. Research different types of mortgages available, such as conventional, FHA, or VA loans. This will give you a better understanding of the loan amount you qualify for and the potential monthly payments.

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Debt-to-income ratio Pre-approval Purchase and sale agreement Inspection 100

Real Trends

NOVEMBER 11, 2022

Today’s turbulent housing market means challenges for both buyers and sellers. As real estate professionals keep the challenges of our current market in mind, the financing options below can pave the way to deals that may otherwise not be possible. USDA loans. 2-1 buydowns. This option is increasing in popularity.

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Finance VA loan FHA loan Agents 106

Realtor.com

MARCH 12, 2021

Consider how many months it would take for you to recoup the costs of closing on a refi, along with how long you’ll be staying at this home. If you can recoup closing costs within two years and plan to stay in your house for longer, the savings on interest means the math will likely work out in your favor.

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Fixed-rate mortgage Mortgages Closing costs Equity 87

Marco Santarelli

APRIL 28, 2023

The Federal Housing Finance Agency (FHFA) recently announced changes to the loan-level price adjustments (LLPAs) for borrowers with conventional mortgages backed by Fannie Mae or Freddie Mac. A portion of these fees are “upfront” fees that are based on the risk characteristics of the borrowers and the loans they are obtaining.

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Mortgages Debt-to-income ratio Loans Finance 98

Realty Biz

DECEMBER 13, 2022

And unless you've been through it before, or have experience buying homes — it can be easy to get caught up in the whirlwind of navigating a new market and finding the right home at the right time. Flyhomes is a technology company focusing on real estate brokerage that helps home buyers, sellers, and agents work together to get the job done.

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Pre-approval Closing costs Loans Technology 66

GeekEstate

MARCH 1, 2023

This provides small local developers, non-profit institutions, and even community trusts with construction technology to recognize and build affordable housing at scale. They are implementing a new agricultural supply chain and building manufacturing technology to lower costs and reduce carbon emissions.

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Construction Finance Development Technology 116

Redfin

JULY 11, 2023

A mortgage is a loan specifically designed for purchasing a property, commonly a home. In the event that the borrower fails to repay the loan, the lender has the right to take possession of the property through a legal process known as foreclosure. What is a mortgage? How does a mortgage work? What is PMI, and when is it required?

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Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

HomeLight

JANUARY 30, 2024

Learn More What makes up the ‘cost of living’ in New Mexico? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. ” This overall cost will vary significantly based on location, even within the state.

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Home sale contingency Closing costs Technology Sales 103

HomeLight

JANUARY 22, 2024

Learn More What makes up the ‘cost of living’ in Maryland? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. ” This overall cost will vary significantly based on location, even within the state.

Home sale contingency 100

Home sale contingency Closing costs Technology Equity 100

HomeLight

JANUARY 22, 2024

Learn More What makes up the ‘cost of living’ in Wyoming? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. ” This overall cost will vary significantly based on location, even within the state.

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Home sale contingency Closing costs Technology As-is 99

HomeLight

JANUARY 30, 2024

Learn More What makes up the ‘cost of living’ in Vermont? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. ” This overall cost will vary significantly based on location, even within the state.

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Home sale contingency Closing costs Technology Sales 95

HomeLight

JANUARY 22, 2024

Learn More What makes up the ‘cost of living’ in Oregon? The “cost of living” in a state or city is based on a combination of expenses required to maintain your desired lifestyle. ” This overall cost will vary significantly based on location, even within the state.

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Home sale contingency Closing costs Technology Sales 84

Marco Santarelli

SEPTEMBER 22, 2020

We'll be discussing the latest Chicago real estate market trends. The Chicago housing market recorded positive month-to-month and year-over-year increases in both prices and sales, reversing two months of declines in sales, a great sign that the market is bouncing back from the COVID-19 pandemic. percent from July 2019 sales.

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Marco Santarelli

OCTOBER 2, 2020

This article has been updated to reflect recent changes in the Atlanta real estate market due to COVID-19. Metro Atlanta housing market has experienced a smooth recovery by far. The market has not only returned to pre-COVID-19 levels in the Housing Recovery Market Index of Realtor.com but it has also surpassed January's baseline by 7.8

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Marketing Residential Sales Investor 138

Housing Wire

MARCH 28, 2022

commercial spaces/building and residential homes/townhomes) and inconsistent transactional processes, fragmentation in the market has prevented real-estate from adopting technology as quickly as other sectors – until now. So, what are the technologies and trends iBuyers are using to fix fragmentation in the market?

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Marketing Title Closing costs Technology 382

HomeLight

JANUARY 30, 2024

Learn More What makes up the ‘cost of living’ in Maine? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. ” This overall cost will vary significantly based on location, even within the state.

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Home sale contingency Closing costs Technology Sales 88

Marco Santarelli

NOVEMBER 10, 2020

The Boise housing market is a scorcher and is being fueled by low mortgage rates and limited supply compared to demand. Typically 5-6 months is considered to be a balanced real estate market. That's how hot this market is even during the times of the Covid19 pandemic. Boise Metro Housing Market Summary (September 2020).

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Marketing Sales Construction Investor 138

Marco Santarelli

SEPTEMBER 14, 2020

The Dallas housing market has recovered from the impact of the Coronavirus pandemic. months supply of homes for sale in Dallas County, which is well below what’s considered to be a balanced real estate market. months supply of homes for sale in Dallas County, which is well below what’s considered to be a balanced real estate market.

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Marketing Investor Sales As-is 135

HomeLight

JANUARY 30, 2024

Learn More What makes up the ‘cost of living’ in Montana? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle. ” This overall cost will vary significantly based on location, even within the state.

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Home sale contingency Closing costs Technology Equity 80

Marco Santarelli

AUGUST 4, 2020

We will discuss the latest Houston real estate market trends & news and find out how they can affect the investors and homebuyers in the latter half of 2020. This housing market has been impacted by the pandemic and slumping oil prices which led to a decline in home sales down. Houston Housing Market: Prices & Trends 2020.

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Marketing Investor Sales As-is 141

Marco Santarelli

AUGUST 26, 2020

The Seattle real estate market showed a lot of resilience and is poised to recover the decline in sales, especially in the context of the slowdown experienced in April and May. Even with the market virtually shutting down, there isn't a great drop in the open house attendance or sales activity. from a year ago). Typically 6.5

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Marketing Investor Sales As-is 141

HomeLight

APRIL 14, 2023

Individual program details frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. The timeframe may vary depending on the company and market. Closing costs: Sellers pay no closing costs; House Heroes charges no fees.

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Purchase and sale agreement Closing costs Closing Sales 86

HomeLight

AUGUST 12, 2022

Individual program details can also frequently change — please visit a company’s website for the most up-to-date information on each program’s fees, market coverage, business model, and more. Or perhaps remote work has allowed you to move beyond city limits and into an area of the state with lower living costs.

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Closing costs Purchase and sale agreement Closing Staging 84