Housing Wire
MARCH 15, 2021
The title insurance and settlement services provider was originally bought b y Solutionstar Holdings , an indirect wholly-owned subsidiary of Nationstar Mortgage Holdings (Mr. Cooper’s original name prior to rebranding) in 2015. How hybrid title and valuations help increase lending efficiency. Presented by: Altisource.
Appraisal Buzz
APRIL 22, 2024
Ashley had been chief operating officer of CSS since 2015. She will also continue to oversee the valuation, title and closing operations along with the company’s administrative departments. With the new appointment, Jerome Jelinek, the company’s founder and CEO, will become chairman.
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Housing Wire
MAY 4, 2022
Offerpad was started by its current CEO Brian Bair in 2015, and it went public through a special-purpose acquisition company, or SPAC, in September, with a valuation of $2.7 Those numbers compare favorably to a net loss of $233,000 on revenue of $284 million for in the first quarter 2021. The company’s market cap has since sunk to $1.4
Housing Wire
JULY 27, 2021
Unlike lenders or servicers for Fannie Mae and Freddie Mac , Ginnie Mae issuers are responsible for passing along payments to investors after borrower equity, federal agency and mortgage insurance resources are exhausted. If those issuers fail, Ginnie Mae is ultimately responsible for making those investor payments.
Housing Wire
OCTOBER 10, 2023
Under MSAs, a lender or title insurer markets the services of a real estate agent or brokerage, and vice versa, in exchange for a set fee. In 2015, the CFPB released guidance to MSAs since its investigation showed that lenders, appraisal management and title insurance companies used it to disguise kickbacks and referral fees.
Housing Wire
OCTOBER 7, 2020
Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.
Housing Wire
FEBRUARY 7, 2022
HUD’s work co-leading the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), as well as the number of actions taken in the first year of the administration to bolster enforcement of the Fair Housing Act demonstrates our commitment to the issue,” a spokesperson said. Many have called for reductions.
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