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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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Regulation hasn’t caught up to generative AI

Housing Wire

Generative artificial intelligence (AI) has tremendous potential to cut costs and improve customer experience, but regulation has not caught up to develop a governance program, industry pros said of AI’s implementation in mortgage lending. Have we developed a model that is in fact fair?

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Cenlar FSB names Thomas Donatacci as investor relations officer

Housing Wire

Donatacci has extensive experience in servicing transactions and subservicing, due diligence, and M&A. Donatacci’s former roles include executive vice president of business development at The Money Source Inc. Prior to joining Cenlar, Donatacci held executive positions at various organizations in the mortgage industry.

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New MISMO standards are critical to a growing PLS market

Housing Wire

Fortunately, MISMO , the real estate finance industry’s standards organization , is here to help market participants navigate any uptick in PLS activity from a data perspective. Without such standards, there will be a substantial bottleneck as each transaction will require 100 percent due diligence and manual processes. .

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Fitch Group adding capital-markets fintech dv01 to its fold

Housing Wire

Fitch Group , the parent of bond-rating firm Fitch Ratings , is acquiring a majority ownership stake in capital-markets fintech company dv01 — which provides data and analytics services to the structured-finance market. Terms of the deal were not disclosed. The dv01 deal is the latest in a series of acquisitions by Fitch Group.

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Competition for mortgage underwriters has never been fiercer

Housing Wire

We’ve grown in excess of 100 employees already in two-and-a-half quarters, that’s underwriters,” said John Levonick, CEO of Charlotte-based Canopy , a third-party due-diligence (TPR) firm that started doing business in the second quarter of 2021. And there’s just no way for due-diligence to really compete with that.”.

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Top Tips and Considerations For Buying Land

Realty Biz

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. I have helped developers build and sell entire subdivisions from the ground up. Careful due diligence is necessary to ensure you don't make any significant mistakes.

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