Mashvisor

APRIL 4, 2022

When is tax season 2022 and how should real estate investors prepare for it? Table of Contents When Is Tax Season 2022? What Does Tax Season Mean for Real Estate…

Real Estate 68

Real Estate Investors Property Taxes Legal 68

Housing Wire

MAY 17, 2022

Founded in 2000, Irvine, California-based Inco-Check leverages its proprietary web-based platform to support GSE, regulatory agency, and investor requirements. Lenders, are you prepared for 2022’s challenges? A group of investors led by Ocean Avenue Capital Partners provided equity capital in the transaction.

Logistics 305

Logistics Legal Investors Technology 305

Housing Wire

JUNE 21, 2022

announced on Friday that it has decided to internalize the company’s management, a step that the real estate investment trust estimates will reduce its costs and potentially attract more institutional investors to its stock. New Residential will start trading on the NYSE as “RITM” on or about August 1, 2022.

Investing 343

Investing Real Estate Investors Legal 343

Housing Wire

JANUARY 11, 2024

When [RMF] defaulted on its obligations, GNMA exercised its right to extinguish RMF’s interest in certain mortgages in order to ensure the timely payment to investors in securities backed by those mortgages,” the filing reads. District Court for the District of Delaware. District Court for the District of Delaware.

Lending 374

Lending Government Legal Law 374

Housing Wire

APRIL 5, 2022

There is a legal description. In Decentraland or Sandbox, for example, the legal descriptions are individual pixels (essentially code) that define the “parcels.” To boot, one of the first financing transactions on record was made in January 2022 by technology firm TerraZero. Defining virtual real estate.

Real Estate 527

Real Estate Mortgage Property Taxes Law 527

Housing Wire

OCTOBER 18, 2022

The agreement’s maximum funding amount changed seven times, increasing to $230 million in April 2022 but returning to $175 million in May 2022. FirstFunding alleges that on July 6, Strauss informed the warehouse that Sprout was going under and ceasing operations, meaning that the mortgage lender could not pay its debts.

Contracts 367

Contracts Law Legal Mortgage 367

Housing Wire

APRIL 28, 2022

Residential real estate brokerages will not do as well in 2022 as they did in 2021, but let’s not get carried away. The Madison, New Jersey-based conglomerate whose name brands include Corcoran , Sotheby’s International Realty , and Coldwell Banker , among others, posted $23 million in net income for the first three months of 2022.

Mortgage 340

Mortgage Brokerage Agents Real Estate Agent 340

Housing Wire

NOVEMBER 7, 2023

That’s a 4% year-over-year increase of 511 principal agents since Q3 2022 and a 3% increase of 422 agents compared to the second quarter of 2023. The brokerage’s national quarterly market share grew by 26 basis points year over year, reaching 4.4% The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3.

Agents 338

Agents Real Estate Agent Realtors Brokerage 338

Housing Wire

FEBRUARY 16, 2022

Florida-based mortgage tech and analytics behemoth Black Knight reported on Tuesday that despite strong sales in the fourth quarter, net earnings in 2021 were down from the prior year and organic growth should slow in 2022. Black Knight’s full-year 2022 outlook forecasts revenues between $1.59 million, down from $264.1

Technology 309

Technology Investors Legal Mortgage 309

Housing Wire

MAY 20, 2024

Chopra spent his roughly 15-minute speech detailing the various price increases the credit reporting industry — from Experian , Equifax , Transunion and FICO — have implemented since 2022, which in some cases have gone up 400%, he said. ” Chopra also took aim at related verifications that are required by investors to buy a loan.

Mortgage 399

Mortgage Retail Legal Marketing 399

Housing Wire

OCTOBER 24, 2022

Prior to joining Anywhere Real Estate, Kueh’s 23-year-old career spanned numerous leadership positions, including advisor at EQBR, investor and co-founder at MYNTD, VP of products at VMware and senior group manager at Microsoft Corporation. According to recent reports, Anywhere’s 2022 Q2 earnings declined by 6% YoY to $2.1

Real Estate 369

Real Estate Brokerage Technology Modernization 369

Housing Wire

NOVEMBER 2, 2023

Smart Rate marked Strauss’s return to the mortgage market after abruptly shuttering Sprout Mortgage in July 2022. The SEC said the executive caused losses to investors after engaging in a pattern of false and misleading claims at American Home Mortgage Investment Corp. 3, indicating a voluntary surrender.

Business 406

Business Loan Officers Law Mortgage 406

The Robert Weiler Company

JULY 4, 2022

But it’s important that you select books that are newly published; this is especially critical when you’re relying on the books for legal or tax-related information or forms. However, property management some books will focus on the tax, regulations, and legal aspects of renting spaces. Author: David Enterprises.

Property Management 78

Property Management Tenants Landlords Legal 78

Housing Wire

FEBRUARY 7, 2023

million loss in the third quarter of 2022, when origination volumes declined to $12.4 loanDepot’s headcount has nearly halved from 11,300 at year-end 2021 to approximately 6,100 at the end of September 2022. Covington & Burling LLP is serving as the legal advisor in the decision.

Real Estate 305

Real Estate Legal Contracts Mortgage 305

Housing Wire

JULY 14, 2022

It is counter to a popular and politically potent narrative grounded in the aftermath of the Great Recession, when large institutional investors scooped up thousands of properties at foreclosure auction. It turns out local investors are also more efficient than banks and government agencies at renovating and reselling homes.

Renovations 332

Renovations Investors Buyers Retail 332

Housing Wire

NOVEMBER 1, 2023

The firm’s mixed bag of revenue results garnered Zillow a net loss of $28 million for the quarter, which represents an improvement over the $53 million net loss it reported in Q3 2022. Despite the verdict, it does not appear that Zillow’s legal battle with REX is over. You’ve heard me say many times that 2023 is crucial for Zillow.

Real Estate 429

Real Estate Advertising Agents Realtors 429

Housing Wire

DECEMBER 26, 2022

Many in the title insurance industry reported record years in 2021, but while experts were predicting things to slow down in 2022, the suddenness at which the market cooled was unexpected, or as Jodi Ketchersid, a Destin, Florida-based Corcoran Group agent said: “It was like, ‘Holy cow! It was too darn hot: the housing market slows down.

Insurance 470

Insurance Bracketing Legal Business 470

Housing Wire

NOVEMBER 23, 2022

While it is true that many nonbanks entered this downturn with a large war chest of cash and capital, this is more than offset by the impact of warehouse and investor covenants, which are causing lenders to move expeditiously to cut costs,” Jim Cameron, Stratmor Group ’s senior partner, wrote in a report published this week. “In million.

Marketing 339

Marketing Loan Officers Business Mortgage 339

Housing Wire

MAY 24, 2021

The company says the round is the largest Series A for a New England fintech and it plans to use the capital to double or even triple its staff by the first quarter of 2022. “We We are adding resources to engineering, security and trust, product, industry relations, legal, compliance and more. Presented by: Sagent Lending Technologies.

Technology 360

Technology Lending Investors Modernization 360

Housing Wire

DECEMBER 14, 2023

The fees paid to the mortgage-backed security (MBS) investor and lender are next with the accumulated cost of the annual interest payments made to the investor(s) that purchased the MBS bond containing the mortgage, and the lender’s net origination charges at closing plus the accumulated value of the excess interest the lender charges for profit.

Insurance 395

Insurance Property Taxes Buyers Investors 395

Housing Wire

JANUARY 11, 2024

I think you will agree that our primary focus must be on furthering the business of the association which means we are fully engages on the legal, business and advocacy challenges that are top priority to you and the clients that you serve.” Deval Patrick and again in 2019 by Gov. Charlie Baker.

Realtors 364

Realtors Real Estate Legal Law 364

Housing Wire

JANUARY 25, 2024

From at least August 29, 2022 to December 2, 2022, individuals who were not licensed as loan officers (LOs) in Connecticut acted as LOs by taking residential mortgage loan applications , soliciting Connecticut borrowers for mortgages and offering or negotiating terms of mortgages, according to the order issued earlier this month.

Loan Officers 336

Loan Officers Mortgage Finance Lending 336

Housing Wire

NOVEMBER 2, 2023

Redfin executives were happy to discuss commission lawsuits during their firm’s third-quarter 2023 earnings call with investors and analysts Thursday evening, just not the one their firm was recently named as a defendant in. Those plans can be deferred from 2022 to 2023, but not forever.” million in Q3 2022.

Agents 395

Agents Technology Housing Market Training 395

Housing Wire

APRIL 7, 2021

The Consumer Financial Protection Bureau released a proposed rule on Monday that would bar servicers from starting on foreclosures until 2022. The CARES Act caused some confusion among servicers when it was first passed, however, Stevens worries that a foreclosure halt could potentially hurt relationships with investors long term.

Investors 364

Investors Legal Contracts Government 364

Housing Wire

JULY 8, 2022

Two former employees are suing the Long Island-based Sprout, its affiliated company Recovco Mortgage Management LLC and chief executive officer Michael Strauss, alleging they laid off around 100 employees at the New York office on Wednesday without giving legally required written notice and failed to pay their paychecks due the following day.

Mortgage 424

Mortgage Legal Investors Finance 424

Housing Wire

AUGUST 25, 2023

The Arizona-based lender relaunched its forward mortgage origination business in June after ceasing it in December 2022 against the backdrop of rising interest rates. In 2022, AmeriFirst closed $2.5 The Arizona lender logged a production volume of $3.6 The following month, the lender posted $11.5

Mortgage 370

Mortgage Retail Business Lending 370

Housing Wire

SEPTEMBER 2, 2022

OWNS seeks to generate income for investors while also serving a social mission of reducing the racial-wealth gap by creating homeownership opportunities for minority communities as well as supporting the growth of affordable housing generally. million shares outstanding at a market price of $17.80 CCM has invested over $3.9

Marketing 411

Marketing Investing Investors Development 411

Housing Wire

SEPTEMBER 9, 2022

Less than one year later, in June 2022, the rate reached 5.8% …. “In In late July 2022, mortgage application rates had fallen for the fourth consecutive week, pushing the MBS mortgage application to its lowest level since February 2000.”. “The

Marketing 354

Marketing Mortgage Investors Legal 354

The Robert Weiler Company

SEPTEMBER 7, 2022

Data through the first half of 2022 has been tallied on Ohio land for sale. All indicators show an extremely positive trend that will likely continue through the rest of 2022 and beyond. And undeveloped land is increasingly attractive for investors after favorable reports from the Ohio REALTORS®. Commercial Real Estate Sales.

Marketing 78

Marketing Real Estate Investing Retail 78

Housing Wire

JANUARY 5, 2023

Typically, the company does not hold such loans for more than two weeks, instead selling them to a group of investors – including Sprout Mortgage. “On information and belief, Sprout had become insolvent on or before January 2022 and was unable to meet its obligations toward Plaintiff.

Insurance 382

Insurance Loan Officers Mortgage Business 382

Housing Wire

MAY 3, 2023

I had sought out the agent because she had the best track record in the area, worked with a lot of investors on the buy side, and had a history of closing quickly. The legal threat that looms largest is what’s known as the “Moehrl case.”

Agents 393

Agents Real Estate Agent Brokerage Real Estate 393

Housing Wire

APRIL 20, 2022

eVaults also support an enhanced customer experience for borrowers and streamline interactions with other participants — warehouse lenders, investors, servicers, etc. eNotes and eVaults deliver operational and cost efficiencies for originators, warehouse lenders, investors, custodians and trustees. within the mortgage ecosystem.

Lending 297

Lending Investors Technology Business 297

Housing Wire

JANUARY 23, 2024

When [RMF] defaulted on its obligations, GNMA exercised its right to extinguish RMF’s interest in certain mortgages in order to ensure the timely payment to investors in securities backed by those mortgages,” its early January court filing reads.

Government 353

Government Development Mortgage Legal 353

Housing Wire

APRIL 22, 2022

For investors, a warning: it means that profitability will take some time to achieve. ” Blend is reducing general and administrative expenses in human resources, finance, and legal, but decided not to cut costs related to engineering and product development. on April 20.

Mortgage 368

Mortgage Marketing Human Resources Clients 368

Housing Wire

MAY 27, 2022

This week’s HW+ member spotlight features Jeremy Potter, chief evangelist at Stavvy , a 2022 Tech100 Mortgage winner. Potter was recently promoted after serving as head of legal and capital markets and is a thought leader in the industry, regularly sharing his insights on how the industry can move forward through the power of innovation.

Modernization 338

Modernization Legal Contracts Mortgage 338

Housing Wire

MAY 29, 2024

Regulatory clarity In a September 2022 report , the CFPB mentioned the risks of BNPL debt related to inconsistent consumer protections and excessive debt accumulation. Secondary market distinctions At the end of the day, industry experts say that a lender’s approach to BNPL may differ depending on secondary market investors.

Mortgage 356

Mortgage Clients Sellers Loan Officers 356

Housing Wire

SEPTEMBER 5, 2023

ICE plans to hold a conference call with investors to discuss the acquisition on Sept. ICE’s planned acquisition of Black Knight went through a bumpy road after the announcement was made in May 2022. within 20 days after the acquisition. A monitor will be appointed to oversee compliance with the proposed consent order.

Technology 321

Technology Business Mortgage Valuation 321