Housing Wire

NOVEMBER 16, 2022

David Hrobon, a principal with the Colorado-based mortgage advisory firm the Stratmor Group , in a recent report projected that some 50 merger or acquisition deals will be announced or closed by year’s end, which is 50% more transactions than in 2018 — the prior high-water mark for lender consolidations over the past three decades.

Banks 398

Banks Mortgages Loan Officer Due diligence 398

Marco Santarelli

JANUARY 23, 2023

housing market slowed dramatically in the fall of 2022, as mortgage rates surged and home prices remained high,” said Molly Boesel, principal economist at CoreLogic. On the plus side, generous amounts of home equity will protect many borrowers from experiencing the type of foreclosure activity seen during the Great Recession.”

Equity 52

Equity Due diligence Fixed-rate mortgage Principal 52

Realty Biz

JANUARY 10, 2021

If you own a lot of equity in your home, and if you are aged 62 or above, you could benefit from a reverse mortgage. Reverse mortgages give homeowners aged 62 or older, who have paid all or most of their mortgage off, the opportunity to release that equity. What is a Reverse Mortgage?

Mortgages 110

Mortgages Due diligence Equity Title search 110

The Close

DECEMBER 29, 2022

How else would you and your clients understand how much is being paid in principal and interest over the years? It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. Due diligence period. Home equity conversion mortgage.

Purchase and sale agreement 98

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

Marco Santarelli

JULY 26, 2020

You may be able to utilize this strategy if you cash out money from a retirement account or equity in your home. This may come from your savings, equity in your primary residence, or a retirement account. Remember that every month results in increased equity in the property, and that’s aside from the income you’re earning.

Loans 144

Loans Equity Renovation Property Management 144

HomeLight

APRIL 30, 2022

Type in your address on the site to estimate your home’s value, track equity, calculate potential home sale profit, and view local market trends. Buyers can also use online mortgage calculators to estimate their mortgage payment, including principal and interest, plus estimates for PMI, property taxes, home insurance, and HOA fees.

Closing 84

Closing MLS Pre-qualification Due diligence 84

Patch of Land

AUGUST 27, 2018

We did the due diligence.” They have to do their own due diligence.”. We’ve returned every dime of principal to investors on our site.”. “We underwrite every deal we make, and we won’t underwrite a project that doesn’t meet our criteria,” said Patch’s Greenberg. “If If we made the loan, we like the project.

Due diligence 28

Due diligence Investor Commercial Land 28