The future of mortgage closings

Housing Wire

A painstaking, uncoordinated movement to fully adopt remote online notarizations nationwide and complete end-to-end digital escrow mortgage closings is gaining even more traction as the real estate industry launches into a new decade in 2021. Closing HWplus

Are you overpromising real estate closing times?

Housing Wire

This week, industry experts discuss how to navigate client and referral partner expectations and minimize closing times when factors like these begin to decelerate the buying process. You can’t say to a them, ‘Hey, we can close faster pick our offer,'” Canale said.

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Closing costs: Here’s how much money you really need to buy a house

Housing Wire

Understanding what expenses are required at closing to buy a house will help you budget and save more effectively. In this article, we break down exactly what closing costs are so you’re prepared when you start shopping for a home: What are closing costs?

Creating a more secure closing process for everyone involved

Housing Wire

The post Creating a more secure closing process for everyone involved appeared first on HousingWire. Sponsored Content consumer wire account verification service cwav Digital closing fraud prevention fraud protection FundingShield Ike Suri mortgage wire fraud wire fraud

Why 28% of mortgage applicants never close the loan

Housing Wire

Get $75 off your initial membership with coupon code “intro75” The post Why 28% of mortgage applicants never close the loan appeared first on HousingWire. Lonnie Glessner isn’t normally one to turn down business. But with origination volume expected to exceed $3.4

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Purchase market will highlight closing process problems

Housing Wire

The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. That’s not a knock on the good professionals who enact minor miracles choreographing the multi-faceted ballet that is a typical closing.

Multi-closing fraud risk holds steady in 2020

Housing Wire

A new annual report from CoreLogic shows multi-closing fraud risk held steady in 2020 after having decreased the past several years. According to the CoreLogic Multi-Close Alert Program (MCAP), 2020 is projected to have a similar level of findings as was seen in 2019.

States Title raises $150M for home closing tech

Housing Wire

Title insurance upstart States Title announced this week $150 million in debt financing from HSCM Bermuda , which will go towards developing a more modern home closing experience. As a result, State Title was able to patent technology that removed entire chunks of the closing process.

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Finance of America to go public before IPO window closes

Housing Wire

The post Finance of America to go public before IPO window closes appeared first on HousingWire. Finance of America on Monday will become the latest lender to make its debut on the New York Stock Exchange.

Rocket Mortgage performs first eNote close on Ginnie Mae mortgage

Housing Wire

In December, Rocket Mortgage became the first lender to use eNotes in closing a Ginnie Mae -backed loan as part of a pilot program. Eventually, I think what you’re going to see is the entire industry adopts this as a method of closing, because it’s really a better consumer experience.”.

Who pays closing costs? And how can buyers avoid them?

The Mortgage Report

Who pays closing costs? But as a home buyer there are ways to avoid closing costs or at least reduce them. About Mortgages Buying a home First-Time Home Buyers Mortgage Strategy closing costs are negotiable closing costs vary by type of mortgage how much are closing costs?

Snapdocs raises $60 million to scale up its digital closing business

Housing Wire

million digital mortgage closings this year, more than double its volume from 2019. We’re feeling tremendous growth on the digital closing front which is really, really exciting,” Snapdocs Founder and CEO Aaron King said in a statement.

The rapid adoption of digital closings during COVID-19 shows what’s possible in the mortgage industry

Housing Wire

We sat down with Nancy Alley, vice president of strategic planning at Simplifile and one of HousingWire’s 2020 Women of Influence, to talk about the rapid changes in the closing process as a result of the pandemic. Yet, adoption by closing and post-closing operations lagged considerably.

Notarize and Realogy Title Group see 200% spike in RON closings

Housing Wire

Spurred by the impact of the coronavirus, the partnership closed more than 1,600 RON transactions in the first half of 2020, a more than 200% increase over the 500 RON transactions that they closed in all of 2019, the companies told HousingWire. “We

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Can closing costs change on the closing disclosure?

The Mortgage Report

Some closing costs can increase on the Closing Disclosure (CD) but others can't. Here's how to use the CD to get the deal you were promised. About Mortgages

2021 Rising Stars Nominations are closing soon!

Housing Wire

The post 2021 Rising Stars Nominations are closing soon! Today is the last day to nominate a 2021 Rising Star – don’t forget to submit your nominations by the end of the day!

Built Technologies closes $88 million Series C funding round

Housing Wire

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. The post Built Technologies closes $88 million Series C funding round appeared first on HousingWire.

What to Expect from the Closing Process

American Lifestyle

The post What to Expect from the Closing Process appeared first on American Lifestyle Magazine.

Finalize the closing disclosure earlier in the process using this collaborative platform

Housing Wire

The CoreLogic Title & Closing Solution offers an enhanced workflow designed to support lenders and vendors in the title and closing process. The Title & Closing Solution syncs order management, secures vendor communication and document transfer, encourages full compliance, and ultimately enhances consumer experience in home ownership. The post Finalize the closing disclosure earlier in the process using this collaborative platform appeared first on HousingWire.

The night before closing

REM Online

The original post can be found at the following URL: The night before closing. The original post can be found at the following URL: The night before closing. The following content may have been republished here without the author's permission.

What to look for in a closing disclosure form

Inman

How long has it been since you updated your closing disclosure form? Agent Brokerage Select Service closing closing cost Closing Disclosure form Consumer Financial Protection Bureau marvin stone Prorations purchase contract transaction Transaction terms

Bressi-Close

BubbleInfo

The post Bressi-Close appeared first on bubbleinfo.com. Speaking of the old Carlsbad Raceway, our new listing is about a block away!

Qualia integrates RON product into its platform for contactless closings

Housing Wire

Qualia announced Wednesday that it has extended the capabilities of its real estate closing platform with the launch of a remote online notarization product. Its goal is to enable entirely digital, contactless home closings.

Snapdocs closes on $60M to further defragment real estate closings

Inman

Industry News Mortgage News Brief Select Technology Venture Capital curbside closing digital escrow e-closing eMortgage fundraising RON Series C round Snapdocs venture capital Y-Combinator

Selling FSBO? Tally Your Closing Costs Without a Realtor

HomeLight

Other than that, you’re on the hook for the same closing costs as any other seller. Closing costs without a Realtor® typically average 1% to 7% of the final sale price. Additional closing costs may include any seller concessions, attorney fees, and the buyer’s agent’s commission.

Advancing the Acceptance of Remote Digital Real Estate Closings

RIS Media

Both homebuyers and sellers have expressed a desire to reduce in-person meetings with settlement service providers and want to have remote digital real estate closing options available even after the pandemic ends. Latest News National News NAR Remote Closings Remote Online Notarization

Digital closing tech JetClosing opens Austin office, its 5th nationwide

Inman

Industry News News Brief Select Technology apps austin COVID-19 curbside closings digital closing technology digital transactions hybrid closings JetClosing real estate technology RON TX

Speed up the closing process with industry-leading solutions

Housing Wire

The post Speed up the closing process with industry-leading solutions appeared first on HousingWire. The mortgage industry is no stranger to disruption since the onset of the COVID-19 pandemic.

Closing Disclosures – What you should know.

The Living Room

If you are using a typical mortgage mortgage, the closing disclosure (CD) is one of numerous disclosures you’ll review during the home-purchasing process. What is a closing disclosure? The CD is a statement given by your lender a couple of days before you close.

Fidelity National Financial announces digital closing tool

Inman

"Close inHere" is part of the company's "inHere Experience Platform," an end-to-end platform that provides transaction tracking, e-notarization and e-closing services.

Power Broker Survey Closing Today

RIS Media

Survey closing at midnight – there’s still time to be included in the rankings. The survey will be closing at midnight tonight. The post Power Broker Survey Closing Today appeared first on RISMedia

Remote online notarization is the proper path forward for digital closings

Housing Wire

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. Much like efforts to achieve full self-driving vehicles, the road to achieve full digital closings has been bumpy. In Japan, the word for “improvement” is kaizen.

Closing Stories – Liz & Noah

The Living Room

As a wood worker, Noah (who made me the most beautiful closing gift!) The post Closing Stories – Liz & Noah appeared first on Living Room Realty. I was kindly introduced to Liz and Noah through a fellow Living Room agent when they wanted to expand their search to Vancouver WA.

Offerpad: Sellers can stay in homes up to 60 days after closing

Inman

To help alleviate the stress of selling, Offerpad will now give sellers the option of remaining in a home up to 60 days after closing escrow. Industry News Select Technology Brian Bair cash offer closed escrows closing denver homesellers ibuyer nashville offerpad SPAC spencer rascoff

The state that may never accept RON mortgage closings

Housing Wire

Get $75 off your initial membership with coupon code “intro75” The post The state that may never accept RON mortgage closings appeared first on HousingWire. As COVID-19 swept through the U.S.,