article thumbnail

WFG expands title offerings for servicers

Housing Wire

WFG Title Insurance will now offer forbearance, loan modification, and foreclosure information reports as part of its general title and closing services. ” Pre-foreclosure sales are a promising alternative to foreclosures – here’s why. Presented by: Auction.com.

Title 358
article thumbnail

Why non-QM borrowers aren’t going away anytime soon

Housing Wire

There will always be a population of borrowers who cannot qualify for a home loan under traditional guidelines. Originators who actively work within the non-QM space are closing additional loans every month. The solution: Bank Statement loans. . Angel Oak’s Bank Statement loan is ideal for the self-employed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Short Sale Closing Costs: What Buyers Should Know

HomeLight

If a homeowner falls behind on their mortgage payments, a short sale is one potential way of correcting course. That being said, the home purchase process is a lot more complicated and drawn out with a short sale because it all hinges on the oversight and approval of a third party: the mortgage lender. Short sales 101.

article thumbnail

How Long Does a Short Sale Take? What to Expect When You’re Buying Short

HomeLight

Between searching for, viewing, negotiating , inspecting, and possibly renegotiating on a home, the road to the closing table is rarely a short one. And if the house you’ve landed on is listed as a short sale, you could be in for a long ride. What exactly is a short sale? It’s a long sale.

article thumbnail

Westchester County DA indicts six in $2M home deed theft case

Housing Wire

The Westchester County District Attorney announced on Friday that it has indicted a group of six individuals and a corporation for allegedly stealing property deeds from distressed homeowners, fraudulently accessing mortgage loans, and evading state taxes. Rocah said in a statement. “My

article thumbnail

The homegenius Platform gives consumers deeper insights in the home buying and selling journey

Housing Wire

titlegenius by Radian, provided by Radian Settlement Services, allows homebuyers and sellers to easily manage their title transaction and closing online and receive real-time updates from their agent for a cohesive experience. Loan must close to be eligible for reimbursement of credit toward closing costs at closing.

article thumbnail

Think US home prices are high? At least we aren’t Canada

Housing Wire

To persuade people of this, probably one of the most important articles I have ever written in my life was in 2019, titled: Housing Bubble 2019? A lot of mortgage debt went away due to foreclosures and short sales, bringing home prices way down. wasn’t in a second housing bubble. Currently, the balance sheet of the U.S.