Housing Wire

MARCH 9, 2022

The firm, founded in 2008, also provides document management services for closing, purchase, sale and securitization of residential and business-purpose mortgage loans. Edgemac’s clients span banks, investment banks, Trustees, investors, government entities and mortgage companies. Presented by: Sagent Lending Technologies .

Property Taxes 262

Property Taxes Clients Mortgage Technology 262

Housing Wire

MARCH 15, 2023

Meanwhile, mortgage lenders are still trying to calm down their investors and business partners. Silicon Valley Bank collapsed last week after it lacked the liquidity to pay for clients’ withdrawals. It was the biggest bank failure since Washington Mutual collapsed in 2008. ”

Mortgage 351

Mortgage Clients Retail Marketing 351

Housing Wire

MARCH 13, 2023

Following the collapse of Silicon Valley Bank last week, the biggest bank failure since Washington Mutual in 2008, two other American banks with significant roles in the housing industry were hit by a deposit run. Investors running from riskier assets are buying bonds, causing mortgage rates to fall.

Mortgage 345

Mortgage Marketing Insurance Real Estate 345

Housing Wire

SEPTEMBER 20, 2022

The housing industry is much more regulated in a post housing crisis era, and ARMs may not be utilized as they were pre-2008. There’s an opportunity here for risk and QC teams to encourage trust in the lending space through strong processes and review. That could help increase the number of potential borrowers and more lending.

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Marketing Training Clients Technology 299

Housing Wire

JUNE 15, 2022

But this year, as rates have crested 6%, about 70% of Neat’s originations are adjustable-rate mortgages, a product that until recently had fallen out of favor due to the role they played in the housing crash of 2008 and a decade-plus of fixed-rate mortgages under 5%. . It’s not a bad thing for borrowers, lenders, and loan investors.

Mortgage 349

Mortgage Bracketing Loan Officers Investors 349

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. One of Dicker’s clients this past weekend backed out of a $295,000 houmese purchase in Michigan this past weekend. But the boom times are over, and he knows it. And he’s far from alone.

Housing Market 400

Housing Market Marketing Brokerage Real Estate 400

Housing Wire

AUGUST 8, 2023

In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. These big banks attract customers by offering low rates on home loans; then, they try to sell those clients credit cards, insurance and other products and services.

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Insurance Mortgage Clients Lending 315

Housing Wire

NOVEMBER 10, 2020

Liquidity had dried up and bond investors were running for the hills. “I told my client, my friends, ‘Look, I know you’re supposed to close in 10 days but we’re closing Friday and you let everybody know it or you may not close,’” Dodson said. ” “I lost $6 million in April,” the broker added. So you stop.”.

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Business Mortgage Investors Loan Officers 423

Housing Wire

MARCH 12, 2021

Both client scenarios require speed, clarity, and simplicity for borrowers — while demanding precision and seamless compliance with real-time regulatory changes for servicers. And it meant flawless accounting, full loan lifecycle clarity and real-time visibility for lenders and their investors and regulators. Not this time.

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Modernization Technology Investors Design 408

Housing Wire

SEPTEMBER 30, 2020

million borrowers, thousands of investors and more than 100 subservicing clients. On the originations side, we’ve built a scalable, multi-channel lending platform that has grown volume by 16X in just the past year. This will obviously be attractive as investors and MSR holders cope with the aftermath of the pandemic.

Mortgage 353

Mortgage Investors Business Human Resources 353

Housing Wire

OCTOBER 7, 2022

Adding to the global lender’s woes this week was investor speculation on social media questioning the bank’s stability. RMBS market. “… Loans are actively sold to various investors in both whole loan sales and securitized transactions, depending on client appetite. Credit Suisse through its subsidiary DLJ Mortgage Capital Inc.,

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Supply Chain Mortgage Investors Business 344

Housing Wire

JUNE 16, 2022

With investors asking for higher premiums to invest in assets caused by the expectation of higher U.S. Although the 30-year fixed-rate mortgage surpassed 6%, its highest level since November 2008, some economists expect mortgage rates to go down in the coming weeks. The consumer-price index rose 8.6% Labor Department.

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Housing Market Marketing Loan Officers Mortgage 414

Housing Wire

AUGUST 25, 2022

The obvious starting place for nonbank lenders looking to capture volume is in jumbo lending, executives and analysts said. Homepoint told HousingWire in March that it was considering including bank statement and investor cash flow loans in its portfolio. ” Just a little less vanilla. and Sprout Mortgage.

Mortgage 384

Mortgage Loan Officers Finance Investors 384

Listing Spark

AUGUST 11, 2022

For those that haven’t been a real estate investor before, hard money lending may be confusing. We’ll dive into hard money lending with Romney Navarro, CEO of Streamline Funding which is a Texas-based private lending company. Romney says that if you’re a first time investor or new builder, you need to find a partner.

Real Estate 36

Real Estate Investors Lending Investing 36

Cleveland Appraisal Blog

MARCH 18, 2021

The property had been purchased for a price in the mid 50’s by an investor, two months prior to my appraisal. I was told by the investors, in an email that they sent me, that since they purchased the property two months ago, they updated the kitchen and bathroom, installed new flooring, a new furnace, and a new roof.

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Appraisal Investors Buyers Market Value 195

Appraisal Today

MAY 12, 2023

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. Mortgage lending is very, very cyclical.

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Appraisal Architecture Business Contracts 52

Appraisal Today

AUGUST 5, 2022

I always recommend VA as the best lender client for appraisers. Is it headed for a crash like in 2008? The 2008 crash was caused by fraudulent mortgage loans to unqualified buyers. Treasury yields dropped as a result, as investors continue to expect a weaker macroeconomic environment in the coming months.

Appraisal 59

Appraisal Valuation Contracts Modernization 59

Appraisal Today

MAY 26, 2023

The fraud started in 2008, one year after Roberts became a licensed appraiser, according to court documents and statements. From 2008 to 2019, Roberts fraudulently inflated the value of at least 18 different easements by violating industry norms and making false statements.

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Easement Contracts Appraisal Inspection 52