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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. How hybrid title and valuations help increase lending efficiency. Presented by: Altisource.

Insurance 391
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How to vet private money lenders for real estate investing

Housing Wire

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. If your state requires a lending license, make sure a the lender is licensed. Escrow officers and title agents.

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Secondary mortgage market adjusts to higher-for-longer rates 

Housing Wire

Volatility in the Treasury market, which trades at a shifting spread below that of mortgage rates, also translates into uncertainty among housing market investors. Market observers say this normally leads to investor hesitancy and a tendency to keep more money parked on the sidelines.

Marketing 412
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CRT protects GSEs, taxpayers from unexpected disasters

Housing Wire

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

Insurance 336
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Groundhog Day: Opendoor keeps growing and losing money

Housing Wire

Opendoor now has 17,164 homes on its books. The CEO spoke very broadly to investors and the public: “We’re in a generational shift in housing from offline to online.”. Analysts have cited in-house mortgage lending and title insurance as a possible iBuyer move toward making money. billion asset.

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Mortgage lenders, borrowers react to banks closures 

Housing Wire

Meanwhile, mortgage lenders are still trying to calm down their investors and business partners. Client funds are held in insured deposit accounts at a mix of money centers and regional banks, the company said. Still, homebuyers took advantage of declining rates provoked by the turbulence and applied for home loans. ”

Mortgage 370
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How owner finance investing works and how to navigate it (with Brandon Smith, 13+ years of investing and lending experience) – Real Estate Real Fast EP9

Listing Spark

Brandon Smith, who has over 13 years of investing and lending experience, specializes in owner financing and has developed a successful system for sourcing deals and minimizing risk. In this episode, we’ll learn more about his approach, how he finds and closes deals, and best practices for working with banks and private investors.

Finance 36