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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Free Homebuying Due Diligence Checklist.

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Underwriter shortage slowing the pace of private-label deals

Housing Wire

Underwriters are needed at the beginning of the process to conduct due diligence on mortgage originations, and they are in demand on the back-end of the pipeline to conduct due diligence on the loans being pooled and securitized in RMBS issuances sold to investors. It depends on who you are,” Mayhew explained.

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Opinion: Beware of the hidden losses of real estate mergers and acquisitions

Housing Wire

Will the designated and trained team who is the recipient of incoming company-generated business perceive this change as a loss of revenue? Including someone who understands company-generated business lines in the due diligence process is crucial. Or do you have more to generate for them than they got before?

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Why your LOS isn’t delivering a bespoke borrower experience (and what to do about it)

Housing Wire

In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. Adjust your expectations At its core, an LOS is designed to serve a very specific purpose: ensuring that lenders can originate compliant and sellable loans. It would forever feel like a failure due to its inherent limitations.

Lending 410
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UBS agrees to pay $1.4B to settle RMBS fraud case

Housing Wire

Per the civil action, UBS knew that a significant number of the mortgages did not comply with underwriting guidelines designed to assess borrowers’ ability to repay and with consumer protection laws. In addition, UBS knew that property values associated with the loans were unsupported, the DOJ claimed.

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The crypto-mortgage is the new kid on the block

Housing Wire

LauraMac is a software as a service, or SaaS, firm that provides due-diligence automation tools for the secondary market. Its technology is used by third-party due diligence firms that assess mortgage pools in securitization transactions in the private label market. .

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The homebuyer journey is changing – So should you

Housing Wire

A beautifully designed website can be an amazing tool to drive demand and capture those all-important leads. Software such as Propertybase Back Office , offering compliance-driven transaction management, is designed to do exactly this. will go a long way in attracting more clients and building trust.