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Industry experts are closely watching delinquency rates, insurance costs

Housing Wire

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. The question I posed to all of you is, ‘Is this a blip or a bigger trend?'”

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titlegenius by Radian makes closing simple, transparent and less expensive

Housing Wire

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

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Mortgage forbearance improves as pandemic emergency draws to a close

Housing Wire

As the COVID-19 national emergency draws to a close, the forbearance rate has decreased month over month, according to a report from the Mortgage Bankers Association (MBA) on Monday. of total loans were in the initial plan stage last month and 52.9% The survey showed that 33.8% were in a forbearance extension. The remaining 13.3%

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Black Knight’s Expedite Close eClosing solution uses automation to select the best way to close each loan

Housing Wire

More than ever, borrowers want and expect to close their loans digitally, from the initial loan application through the final review and approval of their loan package. But while eClosings are convenient, it can be challenging to offer the same level of customer service online as with in-person closings.

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The Closing Exchange provides a wide variety of signing solutions for lenders looking to deliver eClosings

Housing Wire

The Closing Exchange (TCX) partners with its clients to configure solutions to support their workflow at every stage of their digital evolution. TCX provides a perfect mix of technology and service, providing its clients with the choice of how to close a loan at every stage of its digital evolution. Alan Frelix, CEO.

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Prudence’s $80 Million Fund III slated for early-stage proptech

Inman

Venture capital firm Prudence has raised and closed on an $80 million tranche to back early-stage technology companies targeting the built world.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

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. Should the appraisal come in lower than the contract price, the closing process may be impacted.