HomeLight

NOVEMBER 30, 2023

Enter the bridge loan. If you need assistance navigating the use of a bridge loan in Missouri, HomeLight encourages you to reach out to your own advisor. What is a bridge loan, in simple words? How does a bridge loan work in Missouri? This is where a bridge loan comes into play.

Equity 100

Equity Loans Debt-to-income ratio Home sale contingency 100

HomeLight

NOVEMBER 29, 2023

Enter the bridge loan, a potential game-changer for your real estate strategy. A bridge loan is a short-term financing solution designed to bridge the gap, allowing you to purchase your new Hawaiian dream home before you’ve sold your current one. What is a bridge loan, in simple words?

Equity 89

Equity Loans Debt-to-income ratio Home sale contingency 89

Housing Wire

AUGUST 1, 2023

Stavvy and Brace’s unified services are set to deliver an unparalleled solution, encompassing every critical stage of default servicing – from the initial homeowner inquiry to the ultimate resolution,” Kosta Ligris, CEO and founder of Stavvy said in a statement.

Lending 370

Lending Title Technology Staging 370

HomeLight

NOVEMBER 30, 2023

However, a solution might fit your needs perfectly: a bridge loan. This short-term financing option is designed to help you purchase your new home in Maine before selling your old one, easing the transition and aligning the pieces of your real estate journey more smoothly. What is a bridge loan, in simple words?

Equity 97

Equity Loans Debt-to-income ratio Home sale contingency 97

Housing Wire

APRIL 3, 2024

The only entity to be immediately impacted in the initial rebranding stage is Ocwen itself, but a version of the new name is expected to roll out to both Liberty and PHH at some point in 2024. Ocwen Financial Corp., the parent company of top five reverse mortgage lender Liberty Reverse Mortgage and PHH Mortgage Corp.

Branding 416

Branding Mortgages Staging Equity 416

Realty Biz

OCTOBER 21, 2023

From navigating traditional mortgage loans to exploring non-conventional options, various financing solutions are available. The purpose of a spec house is to showcase the builder's skills and design choices to sell it to potential buyers once it is completed.

Loans 108

Loans Finance Construction Commercial 108

HomeLight

NOVEMBER 30, 2023

However, there’s a solution that could help align these moving parts more seamlessly: a bridge loan. This short-term financing option is designed to bridge the gap, allowing you to purchase your new home in New Jersey before you’ve sold your old one. What is a bridge loan, in simple words?

Equity 99

Equity Loans Debt-to-income ratio Home sale contingency 99

HomeLight

NOVEMBER 17, 2023

However, there’s a strategic solution that might just fit your needs: a bridge loan. As a short-term financing option, bridge loans in Illinois offer a unique opportunity. In this post, we’ll provide insights and helpful tips about bridge loans in Illinois. What is a residential bridge loan?

Equity 91

Equity Loans Debt-to-income ratio Home sale contingency 91

HomeLight

NOVEMBER 29, 2023

However, there’s a solution that could simplify this complex situation: a bridge loan. This short-term financing option is designed to help you bridge the gap, allowing you to buy your new home in Washington state before you’ve sold your current one. What is a bridge loan, in simple words?

Equity 90

Equity Loans Debt-to-income ratio Home sale contingency 90

HomeLight

NOVEMBER 30, 2023

But there’s an alternative that might just be the solution you’re looking for: a bridge loan. If you need assistance navigating the use of a bridge loan in Iowa, HomeLight encourages you to reach out to your own advisor. What is a bridge loan, in simple words? How does a bridge loan work in Iowa?

Equity 92

Equity Loans Debt-to-income ratio Home sale contingency 92

HomeLight

NOVEMBER 29, 2023

However, a strategic alternative could smoothly bridge this gap: a bridge loan. Designed as a short-term financing solution, a bridge loan enables you to purchase your new Wisconsin home before you’ve sold your current one, easing the transition and keeping you on track toward your real estate goals.

Equity 89

Equity Loans Debt-to-income ratio Home sale contingency 89

Housing Wire

JULY 31, 2022

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.

Closing 370

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HomeLight

DECEMBER 4, 2023

But there’s a more streamlined solution that could be just what you’re looking for – a bridge loan. If you need assistance navigating the use of a bridge loan in North Carolina, HomeLight encourages you to reach out to your own advisor. What is a bridge loan, in simple words?

Equity 97

Equity Loans Debt-to-income ratio Home sale contingency 97

HomeLight

DECEMBER 5, 2023

That’s where a bridge loan in Connecticut can be your saving grace. A bridge loan is your short-term financial bridge, designed to help you purchase that new home while your old one is still on the market. What is a bridge loan, in simple words? How does a bridge loan work in Connecticut?

Equity 92

Equity Debt-to-income ratio Loans Home sale contingency 92

HomeLight

DECEMBER 14, 2023

You might think your only choice is to sell your home, move out, and then scramble to find a new one, but there’s an alternative you likely haven’t considered — a bridge loan. A bridge loan is a short-term financing option that allows you to buy a new home before selling your current one. What is a bridge loan, in simple words?

Equity 96

Equity Loans Debt-to-income ratio Home sale contingency 96

HomeLight

NOVEMBER 29, 2023

However, there’s a strategic solution that might just be the missing piece in this complex puzzle: a bridge loan. If you need assistance navigating the use of a bridge loan in Idaho, HomeLight encourages you to reach out to your own advisor. What is a bridge loan, in simple words? How does a bridge loan work in Idaho?

Equity 87

Equity Loans Home sale contingency Debt-to-income ratio 87

Housing Wire

DECEMBER 12, 2022

HousingWire recently spoke with Matt Regan, EVP of Transaction Management Systems at Flueid , about the need to redefine “instant title” to focus on adding value to loan evaluation and decision-making rather than just delivering the title commitment faster. With that in mind, imagine you are reviewing a loan application.

Title 397

Title Mortgages Loans Loan Officer 397

Housing Wire

FEBRUARY 14, 2024

BBYS products enable homeowners to tap their current home equity to purchase the new home, meaning they can make larger down payments and reduce the cost of their loans. JF: We’ve carefully designed our processes, so our incentives are always aligned with yours. HW: How has the proptech space evolved in the last 5-10 years?

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Housing Wire

MARCH 23, 2021

Last month’s uptick was mainly driven by an increase in the number of properties that are in early stage delinquency (30 days or more past due) but are not yet in foreclosure. Tune in April 6 to experience demos from the most innovative loan origination and valuation tech companies in the industry. Mortgage Tech Demo Day.

Loans 458

Loans Staging Mortgages Industrial 458

Housing Wire

DECEMBER 16, 2020

The Adwerx Enterprise Platform is the only digital advertising solution designed specifically for mortgage brokerages and their loan officers. Reach home buyers before real estate agents with individualized, compliant ads for loan officers, built automatically. Brand compliance is built into every stage of the process.

Mortgages 304

Mortgages Loan Officer Brokerage Branding 304

Housing Wire

JULY 31, 2022

From fully online to wet-sign and hybrid options, the end-to-end solutions Black Knight brings to the table are designed with the purpose of helping lenders select the best way to close each loan while providing a simplified closing process with lower costs and improved customer outcomes.

Technology 384

Technology Loans Closing Lending 384

Housing Wire

MARCH 2, 2021

Kutsishin will outline a borrower retention game plan designed to ensure every borrower has the right loan, right now. He’s also famous for going all-out as a speaker, whether on a live or virtual stage, and has promised to bring his A game to the summit. The focus of the Spring Summit is The Year-Round Purchase Market.

Technology 370

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Housing Wire

MARCH 11, 2024

This sets the stage for the coming Transformational Decade of the 2030s. The next generation of housing will need enlightened new design, how to pay for and support this new age will require intelligent new thinking. •To That’s approximately 4.3 As has been the case for 78 years, Boomers are central to this epic paradigm shift.

Staging 431

Staging Finance As-is Closing 431

Housing Wire

NOVEMBER 3, 2021

The software is built on Kubernetes, an open-source automation platform designed by Google and a familiar program to Valon co-founders Andrew Wang and Eric Chiang, who had both previously worked for the internet search giant. “Valon’s software platform is designed to be intuitive and deliver a truly borrower-centric experience.

Investor 384

Investor Mortgages Staging Equity 384

Housing Wire

NOVEMBER 30, 2020

“By launching TMC Emerging Technology Fund, we are providing our members with a mechanism to get ahead of the technology adoption curve so they can reduce the cost of manufacturing loans and protect their competitive positioning.”.

Technology 370

Technology Mortgages Due diligence Commercial 370

Housing Wire

DECEMBER 1, 2020

This marks the second round of startups to participate in the program since its launch in September 2019 – originally as an initiative by Flagstar to guide late-stage mortgage tech startups in an effort to evaluate the viability of future investments and partnerships. LOs are only human — Tech is necessary to keep up with max loan volumes.

Banks 370

Banks Mortgages Lending Technology 370

Housing Wire

SEPTEMBER 16, 2021

It is important to note that in MBA’s NDS, loans are marked as delinquent if payments are not made in accordance with the terms of the mortgage. Thus, even if loans are in forbearance, if the borrower does not make a payment, the loan is counted as delinquent. Source: MBA’s National Delinquency Survey. This represents about 1.5

Mortgages 485

Mortgages Loans VA loan Investor 485

Housing Wire

DECEMBER 24, 2021

Special purpose credit programs allow lenders to target loan products to benefit protected classes without running afoul of fair lending law. Broeksmit said he hoped to see lenders take the first step, by designing a program and floating it to the GSEs. The final rule set the stage for multi-agency reform.

Lending 410

Lending Finance Banks Equity 410

Housing Wire

NOVEMBER 29, 2021

One group of industry players — loan underwriters — are the chief cause of the logjam. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. About a half-dozen RMBS issuers also were contacted for this story, including J.P.

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Due diligence Loan Officer Loans Mortgages 466

Realty Biz

SEPTEMBER 27, 2023

This is called amortization — a process of breaking down loan payments over time. Unlike interest-only loans, variable rate loans, or loans with a balloon payment at the end of the terms, amortizing mortgage loans are designed to be paid off in a fixed period. In general, though, here’s what to expect.

Principal 114

Principal Staging Loans Equity 114

Housing Wire

JUNE 7, 2022

For example, a loan processor may use a modern LOS to order a flood certification, title report, AUS decision or data verifications, but once the order has been placed, what if the data doesn’t arrive? Ask anyone in the HR department of a loan origination or servicing shop and they’ll tell you that a storm is coming.

Lending 380

Lending Mortgages HR Title 380

Housing Wire

JULY 19, 2021

According to Black Knight , 96% of homeowners have at least 10% equity – meaning they may be able to pay off their loan, closing costs, and agent commissions without paying out of pocket or a short payoff. At the same time, loan advances continue to increase, putting additional financial pressure on servicers.

MLS 421

MLS Equity Closing costs Sales 421

Housing Wire

AUGUST 31, 2023

And as a loan officer (LO), why should I care? A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. For an LO working to get the loan to the finish line, this can be a huge time saver. Why do we need them? Who is eligible to take advantage of them?

Loans 397

Loans Inspection Lending Technology 397

Housing Wire

AUGUST 31, 2020

This year’s low rates have led to high loan volumes, and lenders overwhelmed with applications are looking for the best way to handle the increased workload. If a borrower is able to use an online portal to quickly and easily submit an application but they’re stuck waiting for 45 days to close their loan, that creates frustration.

Lending 410

Lending Technology Loans Loan Officer 410

Housing Wire

SEPTEMBER 30, 2020

The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster. Origence designed its platform with the ability to continually transform and stand the test of time. THE EXECUTIVES: Roger Hull, Chief Product Officer.

Lending 214

Lending Mortgages Technology Loan Officer 214

Realty Biz

OCTOBER 16, 2023

FinLocker and Milestones combined boast a myriad of features catering to both pre and post-transaction stages, ensuring a holistic and supportive homeownership experience. Mortgage lenders who use Milestones will now have an all-encompassing solution to attract, engage, nurture, retain and reactivate clients in their database.”

Staging 84

Staging Equity Loans Mortgages 84

Housing Wire

NOVEMBER 1, 2023

But for some borrowers, a less traditional loan type could make the most financial sense. Add context about why you’re asking for specific information at every stage. Without enough timely information to ask questions and compare options, borrowers had loans they couldn’t afford.

Loans 410

Loans Fixed-rate mortgage Lending Loan Officer 410