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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.

Insurance 395
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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. Put together a deal pitch book.

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How did Wells Fargo and Bank of America’s mortgage businesses perform in the third quarter?

Housing Wire

Though its earnings were disappointing overall, residential lending at Wells Fargo rebounded in the third quarter, both in terms of income and origination volume. billion in income from its residential lending operation, up from $317 million in the prior quarter. billion to insure against any losses on its active loans.

Business 469
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Rumors, rumors everywhere, but no Wells Fargo MSR deal — so far

Housing Wire

Wells Fargo officials have not commented on the rumors, so speculation is likely to persist over whether the lending giant is about to launch a potentially market-disrupting MSR offering. Fueling the rumor in this case is Wells Fargo’s recently announced plans to reduce its MSR portfolio, valued on its books at $9.3

Buyers 383
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Secondary mortgage market adjusts to higher-for-longer rates 

Housing Wire

From my perspective, transaction volume and mortgage origination volume has been on its back — and stayed on its back — for the last year and a half. “ … There is a book called “ Who Moved My Cheese.” And it is a very simple book that highlights a very important premise.

Marketing 427
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New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

There are appraisal jobs available in the lending sector, such as staff appraisers, review appraisers, fee panel managers, and with experience and time on the job, chief appraiser and valuation compliance officer jobs can be found. They all handle land and building acquisitions and dispositions, as well as condemnation valuations.

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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

The book of things that they can flag is like 180 pages long, but so long as the house is relatively new, the condition of the house is not as big of a concern, but with older homes it can be really hard because there are so many unknowns with things that could get flagged,” Becca Summers, a Keller Williams agent, said.

Clients 395