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Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. In a typical transaction, the due diligence checklist can be overwhelmingpages upon pages in length. Also, have any employees been promised future equity in the seller? All these items matter.

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QC Ally acquires due diligence solutions firm Inglet Blair

Housing Wire

Loan quality and audit services company QC Ally on Thursday announced the acquisition of third-party due diligence solutions company Inglet Blair. Inglet has joined QC Ally as an equity partner. “We Terms of the deal were not disclosed.

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How is the mortgage rate environment affecting due diligence? 

Housing Wire

HousingWire recently spoke with Brian Adams, Division President of Due Diligence at Consolidated Analytics , about due diligence in the current mortgage market. HW: How is the rate environment affecting due diligence? HW: What does due diligence look like for different types of loans?

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This is how non-QM is critically helping achieve the American Dream

Housing Wire

Indeed, in our recent deal, Standard & Poor’s (note: every major credit ratings agency has reviewed our deals (on at least one occasion) said in its presale that the pool generally consists of loans to high-credit-quality borrowers with considerable home equity, as evidenced by the pool’s weighted average original CLTV ratio of 68.91%.

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Homestreet enters agreement to merge with Mechanics Bank

Housing Wire

The companies’ announcement said that HomeStreet has a pre-transaction estimated equity value of $300 million, while Mechanics Bank has equity value of $3.3 We have completed a thorough due diligence process and look forward to welcoming HomeStreets clients and employees to our company.

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An Iowa county is taking action to support aging in place

Housing Wire

The program is restricted to those ages 62 and older the same as the Home Equity Conversion Mortgage ( HECM ) program and is available for owner-occupied and rental homes. If people can do their due diligence to connect with professionals, that can be really helpful. Its a win-win.

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2025 will be a year of Non-QM player diversification

Housing Wire

But, thanks to the influence of private equity investors, cash-rich insurance companies are increasingly drawn to private debt assets that pay higher premiums due to their illiquidity. A manager like Imperial Fund conducts due diligence, acquires the loans and manages them on behalf of its clients.

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