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Reverse purchase financing: The financing option no one is talking about

Housing Wire

For real estate professionals, this option presents an opportunity to capture more sales. But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance.

Finance 458
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Buyside launches a new home valuation pages feature

Housing Wire

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. According to NAR over 69% of buyers have a home to sell, so really homeowners represent the earliest buyer.

Valuation 394
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ICE Mortgage Technology President Tim Bowler on mortgage automation

Housing Wire

Those will inevitably flow through a lender, so we make sure that the lenders have as much information as possible around what might be the best, most appropriate alternatives to present to borrowers. How are lenders helping borrowers take advantage of loan product innovation and affordable housing initiatives?

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Here’s what lenders should look for in a title provider

Housing Wire

For many years, we’ve been developing and investing in technology to deliver an end-to-end digital mortgage experience. We’re the largest centralized mortgage transactional services provider in the country, backed by the country’s largest provider of title insurance services.

Clients 397
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Presenting HousingWire’s 2021 Class of Rising Stars

Housing Wire

SVP, Agent Engagement & Development. Genworth Mortgage Insurance. Alterra Home Loans. Senior Loan Officer. VP of Product Development. The post Presenting HousingWire’s 2021 Class of Rising Stars appeared first on HousingWire. Branch Manager. PrimeLending. Kirtus Dixon. eXp Realty.

Retail 397
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Bridging the gaps in the home buying process

Housing Wire

Largely hidden from view and misperceived by some to be on the lower end of the hierarchy of service providers, the position seemingly lacked the luster of the real estate agent or the panache of the loan officer. During the housing crisis of 2008, the title industry suddenly emerged from obscurity into full view.

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Another lender settles redlining accusations with DOJ

Housing Wire

The DOJ said that all of Lakeland’s branches were located in majority-white neighborhoods and that its loan officers did not serve the credit needs of Black and Hispanic neighborhoods in and around Newark. Presented by: FormFree. Lakeland Bank admitted no wrongdoing as part of a consent decree.

Law 410