Housing Wire
NOVEMBER 2, 2021
In 2013, the Federal Housing Administration (FHA) began requiring borrowers to pay the Mortgage Insurance Premium (MIP) for the life of an FHA loan. People have equated FHA insurance to that of private mortgage insurance used by the government-sponsored enterprises (GSEs), which is not life-of-loan.
Housing Wire
NOVEMBER 11, 2021
Amrock , a title insurance, property valuations and settlement services provider that is part of the Rocket Companies family, announced Wednesday that longtime CEO, Brian Hughes will be retiring later this month and Nicole Beattie, the current vice president of mortgage servicing at sister company Rocket Mortgage , will take over.
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Housing Wire
DECEMBER 24, 2020
Home services tech startup Porch.com made its debut on the Nasdaq Stock Exchange Thursday morning at a valuation of $523 million. Porch, a home services marketplace with partners in insurance, utilities, home inspection and moving, plans to use the cash to pursue acquisitions to seize the opportunity in real estate.
Housing Wire
APRIL 22, 2024
Always include your contact information and a call to action, such as an offer for a free home valuation. In this complimentary meeting, we’ll go through your property, and I’ll give you my expert recommendations on repairs to make, renovations that’ll provide the best return, and, of course, a current market valuation of your property.
Housing Wire
JANUARY 25, 2023
. “I think, just in general, it’s perceived that now’s a good time to market servicing and, although rates are off their high, and there’s been a lot of focus around where prepayments are going to be headed, the valuation of that servicing strip still seems pretty attractive.”
Housing Wire
JANUARY 11, 2022
Fannie Mae opened 2022 with its 45 th credit-risk transfer (CRT) deal through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC, bringing the collective value of notes issued through the conduit to nearly $52 billion since the first offering in 2013. trillion. “It
Housing Wire
MARCH 21, 2022
billion reference pool received appraisal wavers, resulting in the bond-rating agency applying “a broad valuation haircut to such loans.”. million of credit risk to a group of 22 private insurers and reinsurers. The KBRA report, however, did indicate that 41.5% of the 150,000-plus mortgages in the $44.4 The deal transferred up to $770.7
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