Housing Wire
SEPTEMBER 22, 2022
Unlock’s HEA contracts typically feature 10-year maturities and involve a 3% origination fee based on Unlock’s original investment, which is not a loan. In exchange, the homeowner inks a contract providing the company with a slice of the homeowner’s future equity. 21, according to Mortgage News Daily.
Housing Wire
JANUARY 13, 2022
The Supreme Court weighed in on a class action lawsuit against Quicken Loans , now Rocket Mortgage , regarding its appraisal practices during the financial crisis, delivering a procedural win for the mortgage lender. million stemming from allegedly tainted appraisals for 2,769 mortgage loans Quicken Loans originated from 2004 to 2009.
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Housing Wire
FEBRUARY 7, 2022
Unison, launched in 2004, joins another California-based fintech competitor, Point , in pursuing efforts to tap the secondary market to create more liquidity for the financing of shared home-equity contracts. Unison also shares some of the downside if the property loses value over the course of the contract.
Housing Wire
FEBRUARY 15, 2023
The company would assume leasing contracts, computers and other assets from the branches. Arizona-based On Q Financial, founded in 2004, originated $2 billion last year in 46 states. However, On Q Financial was not acquiring the loan pipeline or Celebrity’s equity. The company has a distributed retail platform, Lamb said.
Housing Wire
JUNE 21, 2022
billion in premiums, which ALTA attributed to historic mortgage origination activity and the substantial increase in home values. “A A strong purchase market and continued home appreciation helped offset ongoing contraction in refinance volume to help drive the 3.6% Creating a profitable and differentiated digital mortgage experience.
Appraisal Today
APRIL 19, 2024
NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, forms to reports modernization, AMCs, earthquake risk, unusual homes, mortgage origination stats, etc. == == Rare Coastal Contemporary Manchester, MA, for $9M Excerpts: 5 bedroom, 4.5 Acres, Built in 2004 Cape Cod style, it is not.
Appraisal Today
JANUARY 20, 2023
NOTE: Please scroll down to read the other topics in this long blog post on AMC fees, Real estate forecast, Google Business Profile, unusual homes, mortgage origination stats, etc. Direct lender (and mortgage broker) fees had slight declines and increases, whatever happened to the number of originations. =
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