Housing Wire

FEBRUARY 7, 2024

The GSEs should “increase certain loan purchases” in Duty to Serve markets; develop new and accessible loan products and programs; and evaluate new business partnership opportunities. Better loan products to serve “high-needs rural regions” should also be developed.

Land lease 383

Land lease Land Lending Equity 383

Housing Wire

FEBRUARY 7, 2022

Amid protests set off by George Floyd’s death, Fannie Mae ’s CEO issued a public statement about its commitment to racial equity. I told him, ‘We have this serious racial equity issue still pending, and I hope Fannie Mae is serious about it.’” Instead, investors bought the run-down properties in bulk sales.

Equity 365

Equity Inspection Real-estate owned Residential 365

Housing Wire

NOVEMBER 28, 2023

An abundance of housing supply will diminish home prices while a shortage of homes available for sale will escalate prices. Residential zoning laws are designed to promote orderly development, control traffic flow, and ensure that noise and activity levels are appropriate to each specific neighborhood.

Land 373

Land Construction Real-estate owned Equity 373

Housing Wire

NOVEMBER 20, 2020

Artificial Intelligence company Quantarium announced on Thursday its partnership with Valligent Technologies to launch a condition adjusted “Quantarium Valuation Model” for equity lending, broker price opinions and real estate owned valuations. In September, Ellie Mae was officially acquired by Intercontinental Exchange.

Technology 396

Technology Mortgages Commercial Inspection 396

HomeLight

AUGUST 31, 2021

Again, the timeline varies by state, but this typically begins three to six months after the first missed payment , according to the Department of Housing and Urban Development (HUD). They’ll put the house up for auction either in a sheriff’s or public trustee sale (the name depends on what foreclosure process your state follows).

Pre-approval 92

Pre-approval Short sale Banks Finance 92

HomeLight

AUGUST 16, 2021

In the market for a “ real estate owned” property ? REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. What is an REO sale?

Banks 103

Banks Pre-qualification Investor Short sale 103

The Close

DECEMBER 29, 2022

And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. Comparable sales (comps). ” A. Balloon mortgage. Certificate of eligibility.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98