article thumbnail

Chase Home Lending increases its closing guarantee

Housing Wire

has raised its closing guarantee from $5,000 to $20,000 until July 27, 2024, the bank announced on Thursday. The guarantee means that the bank promises an on-time closing on or before the contract closing date, or it will pay the homebuyer $20,000. It also offers a homebuyer grant that distributes up to $7,500 in eligible areas.

Lending 407
article thumbnail

Investment property lender Kiavi closes $300M securitization 

Housing Wire

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $300 million unrated securitization of residential transition loans (RTLs), the company announced on Friday. The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions.

Closing 320
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Kiavi closes on $350M securitization 

Housing Wire

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $350 million unrated securitization of residential transition loans (RTLs), the company announced on Monday. The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions.

Closing 386
article thumbnail

First American cybersecurity attack disrupts closings over holidays

Housing Wire

The systems outage has derailed closings across the country over the holidays for homebuyers and sellers using the company’s title services in more than 2,000 locations. One buyer commented: “We wired in full payment for a home that was supposed to close last week. 20 cybersecurity incident.

Closing 496
article thumbnail

The Only Business Plan You'll Ever Need in Real Estate

Learn how to build one that will actually help you keep on track, stay nimble, and close more deals in 2022. The old and tired process of building a 12-month business plan simply doesn’t make sense for the modern real estate business. Download now!

article thumbnail

Zillow shuts down Closing Services

Housing Wire

The real estate listing giant announced on Monday that it is sunsetting its title and escrow provider, Zillow Closing Services. Zillow Closing Services had been operational in an undisclosed number of markets nationwide, with the Zillow “ enhanced markets ” of Raleigh, Denver, Atlanta, Phoenix, Durham and Charlotte as its primary markets.

Closing 431
article thumbnail

eXp enters affiliated business agreement with Citrus Closing Group

Housing Wire

Real estate brokerage eXp Realty has entered into an affiliated business agreement with Orlando, Florida -based title fi r m Citrus Closing Group , according to an announcement on Thursday. “We Citrus Closing Group serves clients in the Florida counties of Lake Seminole, Osceola, Orange, and Brevard.

Closing 345
article thumbnail

Millennials are Determined and Prices are Soaring: The Step-by-Step Formula for Closing More Sales to Millennial Buyers Fast!

Speaker: Paul Moya - CEO, Millennial Labs, and The Go-To Performance Marketing Strategist and Realtor Coach for the Best in the World

In order to succeed in today’s fast-paced, seller’s market, realtors must truly understand what Millennial buyers want most from their realtor, know how to connect with potential buyers online, and provide value in new ways to close sales on autopilot. The #1 Reason Most Millennial Viewers on Social Media Never Turn Into Closed Sales.

article thumbnail

Become THE Social-Savvy Agent With This Free eBook

Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Get your copy today!