Housing Wire

AUGUST 19, 2020

Taken from the August issue of HousingWire Magazine, LauraMac is looking to increase the technology available to mortgage loans after the closing table. Launched just this year, LauraMac provides a suite of configurable products to enable collaboration that will transform the way due diligence is performed in the mortgage industry.

Due diligence 424

Due diligence Technology Loans Mortgages 424

Housing Wire

JULY 27, 2021

Michael Franco: The last two years in the mortgage industry have certainly been unique. Origination volume doubled expectations and wide gain-on-sale margins brought on by record low mortgage rates forced the industry to increase their capacity to meet surging loan demand.

Industrial 382

Industrial Mortgages Lending Due diligence 382

Housing Wire

OCTOBER 16, 2023

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.

Due diligence 457

Due diligence Lending Technology Mortgages 457

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

Lending 404

Lending Due diligence Technology Loans 404

Housing Wire

FEBRUARY 22, 2024

Tiffany Fletcher: Real Estate Owned (REO), acquired by lenders , banks, or financial institutions typically due to mortgage loan defaults, involves the strategic marketing and sale of existing properties to mitigate losses on outstanding loans. territories.

Due diligence 404

Due diligence Marketing Mortgages New Construction 404

Housing Wire

APRIL 26, 2022

Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints. Our system I think is good enough that it can do not just the loans that we originate, but [loans originated by] other people,” Jacob said. It’s an open platform.

Due diligence 442

Due diligence Mortgages Equity Loans 442

Housing Wire

JULY 26, 2022

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage , accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase. 15, 2022, for the purchase of 51 loans, with a total principal value of $32,864,270. 20, 2022, to Feb. Presented by: Polly.

Due diligence 382

Due diligence Mortgages Principal Lending 382

Housing Wire

NOVEMBER 30, 2021

Record-setting mortgage originations coupled with a resurgent private-label securitization market have created an expanding demand for loan underwriters at a time when they are in scarce supply. . The causes of the underwriter shortage are varied, but it is most pronounced in the private-label market, industry insiders contend.

Due diligence 404

Due diligence Mortgages Loans Residential 404

Housing Wire

JULY 26, 2022

California-based wholesale/correspondent lender New Wave Lending Group filed a lawsuit against Sprout Mortgage , accusing the company of defaulting on a pool of $32 million in loans it agreed to purchase. 15, 2022, for the purchase of 51 loans, with a total principal value of $32,864,270. 20, 2022, to Feb. Presented by: Polly.

Due diligence 370

Due diligence Mortgages Principal Lending 370

Housing Wire

OCTOBER 29, 2020

HousingWire recently spoke with Brian Simon, president of Trelix Mortgage Fulfillment Services, about how Trelix helps its clients work more efficiently while still maintaining compliance and performing due diligence. That gives us the ability to offer a span of comprehensive proven product options throughout the entire loan lifecycle.

Due diligence 404

Due diligence Mortgages Title search Loans 404

Housing Wire

MARCH 23, 2021

Wherever there is commerce, there will be fraud, and the mortgage industry is no exception. The full extent of fraud in the mortgage industry may be impossible to fully quantify, but the 2020 True Cost of Fraud study by LexisNexis Risk Solutions estimated that the cost of fraud has risen 7.3% across U.S.

Lending 442

Lending Mortgages Due diligence Debt-to-income ratio 442

Housing Wire

FEBRUARY 16, 2023

LauraMac, a provider of mortgage loan review SaaS technology, has appointed Rick Seehausen as its chief strategy officer. I look forward to working closely with Rick to leverage the success of our Loan Review System, prepare the launch of our Loan Acquisition System, and guide us in the development of new product lines.”

Loans 381

Loans Principal Technology Development 381

Housing Wire

APRIL 30, 2021

The same can be said about the mortgage industry as an ecosystem, and its technology as the coral reef. In order for brokers and lenders to work together in symbiosis as organisms of this ecosystem, the technology must also allow for it. No one system today can handle pricing across the entire life of the loan,” Soukoulis said.

Due diligence 302

Due diligence Mortgages Technology Loans 302

Housing Wire

APRIL 12, 2023

Ike Suri is chairman and CEO of FundingShield , a loan-level fraud prevention and risk management company that offers tech-based solutions to help clients securely manage funding processes and avoid wire-fraud schemes. said technology exists to help protect against BEC threats, adding that being oblivious to the threat only compounds it. “If

Industrial 382

Industrial Banks Title Technology 382

Housing Wire

SEPTEMBER 21, 2021

Six months after raising capital, digital mortgage startup Maxwell announced Tuesday the launch of a trading platform to provide community lenders access to the secondary market, connecting these loan sellers to buyers. Also, the startup will use its own capital to buy loans from community lenders. Learn more here! mortgage market.

Due diligence 354

Due diligence Investor Loans Lending 354

Housing Wire

MAY 13, 2022

The key difference in Blockchain, distributed ledger technologies (DLT) and related crypto-technologies today is we now understand how these technologies must adapt and are adapting to the world as it is. Emerging distributed ledger technologies are forming a consensus-based approaches to the blockchain within business domains.

Due diligence 346

Due diligence Technology Banks Title 346

Realty Biz

NOVEMBER 16, 2023

Artificial intelligence (AI) is quickly becoming an integral part of the real estate technology industry. The platform also provides mortgage professionals with real-time updates on loan applications and helps them to identify potential problems early on.

Due diligence 91

Due diligence Technology Industrial Development 91

Realty Biz

OCTOBER 3, 2023

The financial industry, characterized by its intricate networks and substantial data volumes, is undergoing a revolutionary shift under the influence of Artificial Intelligence (AI). By employing algorithms to analyze applicants’ financial information, lenders can swiftly determine loan eligibility.

Lending 94

Lending Mortgages Due diligence Technology 94

Housing Wire

APRIL 24, 2024

The Rising Stars award recognizes the emerging leaders in the industry who have demonstrated rapid career growth and an ability to lead, achieving remarkable milestones all before the age of 40. HousingWire is excited to announce this year’s Rising Stars, representing the next generation of leaders in mortgage and real estate.

Principal 424

Principal Due diligence Lending Title 424

Housing Wire

MAY 20, 2022

That’s why due diligence is a critical element of every mortgage transaction. The purpose of due diligence is to protect lenders by reviewing and verifying all information provided by borrowers to eliminate fraud and other concerns. Make sure they also can scale to your specific loan needs. Product diversification.

Due diligence 393

Due diligence Loans Residential Technology 393

Housing Wire

DECEMBER 2, 2021

The mortgage industry is contending with a loan-underwriter shortage that has acted like a governor on an engine — slowing the pace of a fast-growing private-label securitization market. Executives with TPR firms and the bond-rating agencies that make use of their due-diligence reviews agree the problem is a big challenge.

Due diligence 382

Due diligence Mortgages Technology Loans 382

Housing Wire

MAY 17, 2023

Incenter Diligence Solutions , a provider of due diligence and document management services for the mortgage industry, announced on Wednesday that it has expanded offerings for the mortgage servicing rights (MSR) trading market. The firm also offers individualized reporting and document delivery services.

Due diligence 370

Due diligence Loans Mortgages Technology 370

Real Trends

JUNE 16, 2022

RealTrends has aggregated some of the more popular options: RealTrending is RealTrend’s podcast, offering trends, analysis and success stories from leaders in the real estate industry. Available through Apple Podcasts.

Due diligence 79

Due diligence Investor Loan Officer Agents 79

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . also recognize the industry-changing potential of blockchain-enabled technology. .”

Equity 393

Equity Due diligence Technology Investor 393

Housing Wire

FEBRUARY 23, 2023

HousingWire recently spoke to Kevin Wilzbach, director, product management at Wolters Kluwer, about the adoption of digital technology and the future of eNotes. HousingWire: What kind of impact has the overall deceleration of the mortgage market had on the adoption of digital technology over the past few quarters?

Due diligence 382

Due diligence Technology Loans Lending 382

Housing Wire

JANUARY 5, 2022

SitusAMC subsidiary Securent is expanding its reach into the private-label market with plans to soon introduce a loan-defect insurance product for residential mortgage-backed securities (RMBS) transactions, according to executives from both companies. Nobody else has done loan-defect insurance for securitizations yet.”.

Due diligence 393

Due diligence Marketing Loans Mortgages 393

Housing Wire

APRIL 20, 2022

This understates the true purpose of an eVault, which is to reliably establish the person or entity to whom the single, transferrable record of the digital loan is assigned, issued or transferred. Non-bank lenders that originate to sell loans will appreciate how quickly eNotes can move on and off warehouse lines and, ultimately, to investors.

Lending 381

Lending Due diligence Investor Technology 381

Housing Wire

NOVEMBER 16, 2022

trillion in loans, about half of 2021’s $4.4 trillion in volume, according to industry forecasters. With such a drastic downturn, the pressure for industry consolidation increases dramatically. Still, consolidation is clearly underway in the mortgage banking industry already. trillion to $1.7 trillion.

Banks 404

Banks Mortgages Loan Officer Due diligence 404

Housing Wire

JULY 29, 2021

The high loan volumes in the last 12 months have left some borrowers and servicers facing issues related to real estate taxes. HousingWire recently spoke with LERETA CEO John Walsh about why these tax lien problems exist, what role technology plays, and why tax services need business continuity plans. Why are things getting worse?

Due diligence 404

Due diligence Technology Loans As-is 404

Redfin

MAY 2, 2023

The state’s economy is driven by various industries, including technology, tourism, energy. Colorado has several first-time homebuyer programs that can provide aid, such as the CHE Down Payment Assistance Loan , which offers up to $10,000 in down payment assistance. The job opportunities are plentiful.

Pre-approval 65

Pre-approval FHA loan Loans Finance 65

HomeLight

MARCH 30, 2022

According to the loan software firm ICE Mortgage Technology, it took 54 days on average to close a home purchase loan in December 2021. Since you don’t have to wait for a third party to approve a loan or appraisal, you’ve got flexibility on your closing date so you can move when it suits your schedule.

Sales 99

Sales Investor Renovation Due diligence 99

RIS Media

MAY 26, 2023

Setpoint has acquired Resolute Diligence Solutions, a due diligence provider focused on Single Family Rental (SFR) and Residential Transition Loans (RTL). The combination of Resolute’s outstanding service and Setpoint’s technology will revolutionize fintech lending.

Due diligence 111

Due diligence Lending Technology Residential 111

HomeLight

APRIL 11, 2023

They strive to present the highest possible offer to their clients by doing their due diligence and extensive research on the home and the current market. That includes an average of 49 days listed on the market until a signed contract, plus the typical 45 days a buyer needs to close on a purchase loan.

Purchase and sale agreement 89

Purchase and sale agreement Closing costs Closing Sales 89

Realtor.com

JANUARY 7, 2021

The regulator is seeking input on a range of proposals, including relaxing key standards that Fannie and Freddie require lenders to abide by for the loans they back. How do they know that person is not a convicted felon if there’s absolutely no due diligence on this group?”. It’s a question of supply and demand.

Due diligence 126

Due diligence Loans Inspection Mortgages 126

HomeLight

MARCH 13, 2023

Booming tourism industry spurs investor activity With warm weather and popular attractions like Walt Disney Disney World and Universal Orlando Resort, Orlando is one of the country’s top tourist destinations with nearly 60 million visitors each year. The buyer does due diligence during the option period in Florida.

Sales 84

Sales Investor Due diligence Renovation 84

HomeLight

MARCH 10, 2023

Manufacturing, which has long been the staple of Buffalo’s economy , has fallen off in the past few years, but the city has successfully shifted growth to its technology, health, and education sectors. Its technology sector has expanded in recent years, becoming an important part of its economy. increase over 2022.

House Flipping 92

House Flipping Renovation Investor Finance 92

HomeLight

NOVEMBER 30, 2022

Leverage technology. Many agents are utilizing technology themselves and offering online services to make your life a little easier, offering online bookings, virtual tours, electronic paperwork/signings, and even 3D, 360-degree views inside homes. Learn more: Get the Latest News on Real Estate Technology. No special treatment!

Agents 109

Agents Purchase and sale agreement Technology Seller concession 109