Remove 2015 Remove Lending Remove Real Estate Agent Remove Valuation
article thumbnail

LoanDepot to IPO this week at possible $6.2B valuation

Housing Wire

billion valuation later this week. If all goes according to plan, loanDepot would command a valuation of $6.2 At the time, loanDepot was seeking a valuation of between $12 billion and $15 billion, Bloomberg previously reported. The momentum for non-bank lending is here to stay. “The billion to $2.6

Valuation 450
article thumbnail

Blend breaks into title insurance with latest acquisition

Housing Wire

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. Cooper’s original name prior to rebranding) in 2015. Streamline by combining services.

Insurance 381
Insiders

Sign Up for our Newsletter

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

article thumbnail

Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry. Other established names to make the Inc.

article thumbnail

ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

This is the statement in the HUD/FHA ML-2024-07: “This included guidance to improve the established process by which FHA program participants may request an ROV if the initial valuation is lower than expected.” I first started writing a real estate column in the local newspaper back in the late 1980s but did not like it.

article thumbnail

Appliances for FHA appraisals

Appraisal Today

Bradley, SRA, CDEI In September of 2015, FHA revised Handbook 4000.1 His law practice is dedicated to valuation issues. Back in the day, this protected the lender from lending more than the home/property is worth. I looked like a real estate agent. MORTGAGE LENDING IS VERY, VERY CYCLICAL. By Daniel A.

article thumbnail

“It’s math:” How mortgage solutions companies are fighting for survival

Housing Wire

The firm’s software — which it says streamlines the loan origination process by allowing document sharing and communication between loan officers and real estate agents — helped to close more than 77,000 mortgage applications per month, according to Porch. Halbrook said. “I

Mortgage 355
article thumbnail

Unacceptable Appraisal Practices from Freddie Mac

Appraisal Today

The only appraisers who get sued are those performing appraisals for mortgage lending. Truth: The origin of this myth most likely correlates with the significant amount of valuation work performed for lending purposes – the more lending work, the greater the liability risk, the thinking goes.