Housing Wire

JUNE 20, 2024

Mortgage Connect, a nationwide services provider for lenders, institutional investors and servicers , acquired Adfitech two years ago to expand its efforts in third-party due diligence and quality control (QC). We are excited to show the industry what this next chapter holds for the industry’s most trusted due diligence provider.”

Due diligence 440

Due diligence Mortgages Pre-approval Lending 440

Housing Wire

JUNE 10, 2024

Los Angeles -based Dunmor , a technology -enabled lender that specializes in loans for residential real estate investors , has added a pair of experienced executives in the business-purpose lending space. He previously managed a portfolio of business-purpose loans and nonqualified mortgages with a value of more than $2 billion.

Lending 338

Lending Due diligence Finance Loans 338

Housing Wire

SEPTEMBER 11, 2024

As the mortgage industry continues to evolve at breakneck speed, risk management has never been a more critical lynchpin in the lending ecosystem. million loans and reviewing over 300 million documents. million loans and reviewing over 300 million documents.

Due diligence 426

Due diligence Mortgages Lending Loans 426

Housing Wire

DECEMBER 9, 2021

has sponsored 18 private-label transactions so far in 2021 backed by more than 20,000 loans valued collectively at $9.9 Goldman Sachs’ string of residential mortgage-backed securities (RMBS) offerings this year were dominated by a dozen prime jumbo-loan deals backed by loan pools valued at $7.7

Loans 427

Loans Due diligence Residential Mortgages 427

Housing Wire

MAY 7, 2021

Encompass Investor Connect is a built-in, no additional cost feature within the Encompass Loan Origination System which enables lenders to seamlessly deliver loans to investors from Encompass – resulting in 40% fewer conditions, 1 day faster purchases and $49/loan savings. Product Fast Facts. #1. Get More Info.

Technology 459

Technology Due diligence Mortgages Investor 459

Housing Wire

JUNE 28, 2022

Roughly a year ago, the Austin-based fintech began to sell its loans to First Guaranty Mortgage Corporation (FGMC), a lender and investor that specializes in non-qualified mortgage loans and is controlled by behemoth investment management firm Pacific Investment Management Company (PIMCO). . ” . Mispricing at FGMC? .

Loans 392

Loans Due diligence Fixed-rate mortgage Lending 392

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 411

Due diligence Loans Residential Technology 411

Housing Wire

JANUARY 23, 2024

The Santa Ana, California-based financial services company provides solutions including due diligence services, property valuations, mortgage fulfillment and consulting and advisory services.

Due diligence 461

Due diligence Residential Real-estate owned Lending 461

Housing Wire

APRIL 26, 2022

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. So, it’s not just our loans supplying into this ecosystem … it could be any originator.”.

Mortgages 469

Mortgages Due diligence Equity Loans 469

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 392

Due diligence Mortgages Principal Lending 392

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. Have we developed a model that is in fact fair?

Due diligence 483

Due diligence Lending Technology Mortgages 483

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

JUNE 3, 2024

State regulators, investors, creditors, business partners, and the public in general conducting due diligence or research are expected to use the information available. Congress passed the SAFE Act, requiring mortgage loan originators to be registered and licensed. The final rule is effective on Sept. In 2008, the U.S.

Due diligence 475

Due diligence Banks Mortgages Lending 475

Housing Wire

MARCH 16, 2022

Roostify, a mortgage technology provider, will integrate the solution to its digital home lending platform. But the new partnership will bring the eClosing workflow electronically, securing valuable savings on lenders per loan costs, the company said. Maxwell connected the popular Encompass LOS to its point-of-sale platform in 2019.

Due diligence 392

Due diligence Loans Technology Lending 392

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.” Adjust your expectations At its core, an LOS is designed to serve a very specific purpose: ensuring that lenders can originate compliant and sellable loans.

Lending 427

Lending Technology Due diligence Loans 427

Housing Wire

APRIL 24, 2024

Almeida Realtor- Team Leader The American Dream Group Coldwell Banker Abhishek Shende Senior Principal Software Engineer Zillow Group Adi Pavlovic CEO Newzip Alnur Kassim-Lakha Director Mile Rock Capital Amy Macken Senior Vice President, Due Diligence Operations Consolidated Analytics Anaid Chacón Senior Vice President of Product Argyle Mortgage Arkadiusz (..)

Principal 451

Principal Due diligence Lending Title 451

Housing Wire

JUNE 21, 2022

It plays an essential role in the economics of homeownership, ensuring that credit reaches those who need it and providing safeguards to those who lend it. The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job.

Title 518

Title Title search Land Due diligence 518

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 369

Due diligence Investor Loans Lending 369

Housing Wire

SEPTEMBER 6, 2022

Luckily, advancements in evaluating consumers’ ability to repay have arrived and can enable lenders to adopt responsible and more inclusive lending practices. ATP helps lenders turn declined loans into closed loans, and it helps more consumers unlock the generational wealth building power of homeownership.

Due diligence 469

Due diligence Banks Finance Technology 469

Housing Wire

MAY 29, 2024

And it seeks to expand the number of available loan officers and strategic development tools to continue building on the momentum that company executive say they’re seeing in the space. ” Clow: How does your team approach bringing these traditional loan officers up to speed with reverse? We want to see what that person is about.

Loan Officer 439

Loan Officer Mortgages Due diligence Loans 439

Housing Wire

APRIL 20, 2022

As mortgage and capital markets become increasingly digital , most lenders, regardless of their lending strategy, will eventually need an eVault, because eVaults are a requirement for moving eNotes through the digital mortgage ecosystem. What’s your company’s lending footprint? within the mortgage ecosystem.

Lending 391

Lending Due diligence Technology Investor 391

Housing Wire

JULY 27, 2021

trillion in origination volume and a continuation of tight lending spreads. 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. Entering 2020 the market was expecting <$2.0 We got the exact opposite.

Industrial 392

Industrial Mortgages Lending Technology 392

Housing Wire

APRIL 30, 2021

In today’s market, mortgage originators are forced to intertwine different software and technology to support the lending process from start to finish. Because of this, originators are having to mimic technology companies instead of focusing on buying and selling, underwriting credit risk and servicing loans. “No

Mortgages 316

Mortgages Due diligence Technology Loans 316

Housing Wire

FEBRUARY 23, 2023

We’re also seeing interest in technology and solutions that support home equity lending. Having said that, prospects are mindful about costs per loan and asking us, and all their tech partners, for evidence of ROI so that they can sell these projects to management. Digital lending solutions also improve loan quality.

Due diligence 392

Due diligence Technology Loans Lending 392

Housing Wire

DECEMBER 12, 2022

The special purpose acquisition company announced Friday that it signed a non-binding letter of intent with the privately held $3-5 billion asset holding company with nationwide residential mortgage lending and servicing operations. “We

Banks 427

Banks Mortgages Due diligence Technology 427

Housing Wire

AUGUST 11, 2020

The most abhorrent racist practices, such as redlining, are officially prohibited, yet bias creeps into mortgage lending in myriad ways. The Chenoa Fund has, for example, provided independent data showing that default rates on loans we’re involved with are well below HUD averages. It’s a serious challenge.

Due diligence 440

Due diligence Loans Mortgages Development 440

Housing Wire

JANUARY 3, 2023

My hope is that many of the features and policies that have made the VA loan the safest mortgage in the U.S. Personally, tracking the occurrences of over 2,700 VA loans through Vetted VA for 2021, I can tell you that professionals — who truly know the VA loan — don’t hate the current VA appraisal process.

VA loan 82

VA loan Loans HR Due diligence 82

Housing Wire

DECEMBER 3, 2021

She joined CNBF after more than a decade with Seacoast Bank , where she served as senior vice president, residential lending production manager. While borrowers can shop online these days and follow an automated experience, it doesn’t equate to working with a seasoned professional loan officer and learning what to expect first-hand.

Due diligence 392

Due diligence Loan Officer Banks Industrial 392

Housing Wire

JUNE 18, 2021

Raj Dosaj: Whether you’re an individual looking for a new home or an institution trying to finance, lend to, or buy a large volume of homes, the pace of this housing market requires having as much information as possible, as early in the decision-making process as possible. However, these visits take time and, like appraisals, are subjective.

Investor 411

Investor Due diligence Loans Technology 411

Housing Wire

JUNE 2, 2022

Ginnie announced earlier this year that its Innovation Lab is exploring the use of blockchain and distributed-ledger technologies for potential future use in loan-pool issuance, servicing and bond management. “And on the other side, you see, well, that just means I’m going to make less when making a loan.

Equity 411

Equity Technology Due diligence Investor 411

HomeLight

MARCH 30, 2021

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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Due diligence Inspection Title Pre-approval 105

Housing Wire

NOVEMBER 16, 2022

trillion in loans, about half of 2021’s $4.4 Within the past week, one of the nation’s largest retail mortgage lenders, Charlotte-based Movement Mortgage , announced the acquisition of Mortgage Network, a deal that would add $2 billion in annual loan volume, 250 mortgage professionals and 31 branch offices to its network.

Banks 427

Banks Mortgages Loan Officer Due diligence 427

Housing Wire

MAY 13, 2022

A quick look at the breadth and depth of mortgage blockchain innovation marks progress towards what seems to be a self-evident change threshold: Automate mortgage initiation, execution and servicing for lenders & buyers Expand product variety while avoiding the need to stand up humans for every new mortgage product line Use cryptocurrency as loan (..)

Due diligence 367

Due diligence Technology Title Banks 367

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 Residential Technology 111

Realty Biz

OCTOBER 3, 2023

Among the various sectors, mortgage lending stands out as an area experiencing considerable transformation. By employing algorithms to analyze applicants’ financial information, lenders can swiftly determine loan eligibility. Operationalizing AI Successfully integrating AI into existing systems requires a thoughtful approach.

Lending 93

Lending Mortgages Due diligence Technology 93

AAOA

JANUARY 27, 2025

Taking your time and doing your due diligence when considering a particular investment property will always be a crucial step. Your rental income, operating costs and the amount of your mortgage loan are factors that influence your ROI. Or are you an old pro adding another investment property to your real estate portfolio?

Property Management 80

Property Management Due diligence Finance VA loan 80

Realty Biz

FEBRUARY 19, 2024

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Careful due diligence is necessary to ensure you don't make any significant mistakes. Next, we'll explore financing options and the specifics of land loans, a critical step in acquiring land.

Land 128

Land Due diligence Title search Finance 128