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Loan buybacks haven’t disappeared, but they are trending down

Housing Wire

The Urban Institute report, published in November 2023, shows that the average number of months from origination to repurchase between 2005 to 2008 (prior to and during the early stages of the global financial crisis ) was 46 months for Freddie Mac and 52 months for Fannie Mae.

Loans 353
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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

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. There’s absolutely been cases where you’re hoping to close by a certain date, and it gets pushed out 30 days because of due diligence [needs]. …It

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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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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. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives. I have helped developers build and sell entire subdivisions from the ground up.

Land 126
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Opinion: Does your title M&A strategy add up?

Housing Wire

When the time comes to enter the mergers and acquisitions stage, either to cash in or to accelerate growth, so many of these same professionals cast caution to the wind and step into the market with little to no experience or understanding of the possibilities. Due diligence. Making a plan.

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Cecilian Partners Successfully Raises $11 Million in Series A Funding Round

Realty Biz

Cecilian Partners, a proptech firm that offers comprehensive digital solutions for home builders and land developers, has successfully raised $11 million in its first institutional equity round led by Resolve Growth Partners. Cecilian's revenue tripled in the past year, surpassing the typical growth rate for early-stage SaaS companies.