Inman

MARCH 6, 2024

In the wake of legal settlements in two of the largest commission lawsuits, RE/MAX and Anywhere revealed their paths forward to investors in Q4 earnings calls last month. Intel reads the tea leaves.

Legal 145

Legal Investors Brokerage 145

Housing Wire

APRIL 17, 2024

The portfolio of loans examined included residential, commercial investor and business purpose loans. FundingShield also noted that data showed a concentration of higher fraud risk factors in states that are “attorney only,” meaning that the handling of title and settlement work is considered a legal product.

Insurance 378

Insurance Agents Tools Legal 378

Housing Wire

DECEMBER 6, 2023

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. Legal disputes. Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services.

Real Estate 398

Real Estate Legal Tenants Clients 398

Housing Wire

FEBRUARY 4, 2021

Stone Point and Insight Partners are highly respected investors who recognize the value and potential of CoreLogic’s digital content, solutions and market-leading platforms that power the housing economy,” CoreLogic President and CEO Frank Martell said. The investors dropped their takeover bid on Nov.

Legal 431

Legal Investors Lending Finance 431

Boston Appraisal

JULY 27, 2023

As an investor or lender, you need accurate valuations of residential properties to make informed investment and lending decisions. Focus instead on features that affect utility, desirability and marketability – such as functional obsolescence, legal restrictions, environmental issues or external neighborhood factors.

Investors 78

Investors Valuation Architecture Appraisal 78

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.

Lending 388

Lending Government Legal Law 388

Housing Wire

JANUARY 19, 2023

The Smart Rate website mentions that the mortgage lender offers purchase and refinancings, jumbo, FHA, adjustable, bank statement and investors loans. We are no closer to being paid and he had the capital to open up Smart Rate Mortgage,” said a former employee who requested anonymity due to an ongoing legal case.

Mortgage 397

Mortgage Investors Legal Loan Officers 397

Housing Wire

JULY 21, 2023

.” Wu’s trilingual, all-female team comprises Olivia Marquez, a finance major with a background in luxury real estate; Isabelle Van Oppen, a UC Berkeley legal studies graduate with international investor clientele; and Michelle Pinner, who brings new development expertise.

Brokerage 292

Brokerage Legal Clients Real Estate 292

Housing Wire

JULY 13, 2022

American Digital Title, in partnership with online real estate transaction platform Spruce , also a title company in which Munich RE is an investor, bills itself as “the newest truly national title insurance provider in the United States,” according to its announcement of the California expansion. Holding Corp.

Business 364

Business Insurance Real Estate Legal 364

Housing Wire

JULY 14, 2022

Non-QM lender Kiavi , which specializes in fix-and-flip and investor loans, has laid off 39 employees, sources told HousingWire on Thursday. Because we are in the hard money space, we don’t have a lot of investors willing to buy our assets because of the rate hikes, is what our CEO told us.”.

Human Resources 382

Human Resources Construction Legal Investors 382

Housing Wire

NOVEMBER 9, 2023

4, with employees taking customer calls and payments, remitting to investors and onboarding new loans. At this time, however, it’s not possible to quantify the full extent of remediation and legal expenses. “Due to these and other measures, we believe we have contained the cyber threat.” Servicing operations resumed on Nov.

Legal 396

Legal Law Finance Technology 396

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. A group of investors led by Ocean Avenue Capital Partners provided equity capital in the transaction. Presented by: DataVerify . Berkery Noyes & Co.

Logistics 312

Logistics Legal Investors Technology 312

BiggerPockets

MARCH 6, 2023

As a real estate investor, commingling can help diversify […] Commingling refers to the combining or intermingling of funds that may be coming from various sources or earmarked for different purposes.

Legal 56

Legal Real Estate Investors Business 56

Housing Wire

JULY 26, 2022

New Wave said it requested bids from multiple investors from Jan. A sharp rise in mortgage rates saddled the company with tens of millions of dollars in loans it couldn’t sell to investors in the secondary market at par. Sprout’s executives did not immediately return a request for comment, nor did executives at New Wave.

Mortgage 361

Mortgage Legal Lending Investors 361

Housing Wire

JULY 26, 2022

New Wave said it requested bids from multiple investors from Jan. A sharp rise in mortgage rates saddled the company with tens of millions of dollars in loans it couldn’t sell to investors in the secondary market at par. Sprout’s executives did not immediately return a request for comment, nor did executives at New Wave.

Mortgage 358

Mortgage Legal Lending Investors 358

Housing Wire

JUNE 28, 2023

Ultimately, the lender packages the loan to sell to an investor, who doesn’t trust any of the data in the file, and the process starts all over again, Graham noted. If AI can confirm for all parties – including the lender, borrower and investor – that the data is correct, the cost to originate loans will go down, according to Graham.

Mortgage 349

Mortgage Investors Legal Lending 349

Housing Wire

JUNE 15, 2021

Sprout said it intends to grow its retail channel through increased direct sales to consumers and residential investors, dedicated retail facilities, and joint ventures. It also appointed Laura LaRaia as chief legal officer. LaRaia was previously the chief legal officer and general counsel at First Guaranty Mortgage Corporation.

Retail 353

Retail Mortgage Legal Lending 353

Housing Wire

NOVEMBER 25, 2020

We are looking to conduct due diligence at the consummation of the mortgage for investors, then put that data onto a non-repudiation data base where any subsequent purchaser of that mortgage, if they can prove that they are the holder in due course, can come back and request the initial due diligence results and data sets.”.

Investors 475

Investors Legal Technology Clients 475

Housing Wire

JUNE 1, 2021

HUD has also taken steps to craft a rule on the legal duty to Affirmatively Further Fair Housing. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. How hybrid title and valuations help increase lending efficiency.

Renovations 508

Renovations Development Investors Legal 508

Housing Wire

JUNE 7, 2021

“[Bozzomo] is adept at anticipating the needs of sophisticated institutional investors, lenders and attorneys, leveraging his wealth of knowledge that he’s built over his 17 years of experience,” Napolitano said. “He is a natural fit for the chief underwriting counsel position.

Insurance 367

Insurance Legal Retail Government 367

Housing Wire

DECEMBER 10, 2021

He previously called workers “dumb dolphins” in an email and had a lengthy history of legal issues in which he was accused of fraud and misleading investors, Forbes previously reported. It was hardly Garg’s only transgression as the head of the digital mortgage lender. billion valuation.

Legal 410

Legal Valuation Investors Mortgage 410

Housing Wire

FEBRUARY 13, 2023

The stock car team is also accusing EPM of breaching the contract by failing to make more than $4 million in sponsorship payments following a “margin call” from its investors. Darren Heitner, JIM’s attorney and founder at Heitner Legal , P.L.L.C, Jesse Iwuji asked us to contact his lawyer for comment.

Legal 284

Legal Contracts Lending Loan Officers 284

Listing Spark

SEPTEMBER 1, 2023

Real estate investors operate differently than conventional buyers and sellers, especially to get the 26.9% Instead, investor-friendly brokerages are a better fit for your goals. Learn more about why choosing the right investor-friendly brokerage is so important and what to look for when you start your search.

Investors 36

Investors Brokerage Real Estate Agent Real Estate 36

Housing Wire

NOVEMBER 7, 2022

According to the document, Athas is winding down, effective immediately, but will honor loans in its pipeline that it’s legally obligated to fund. But in the current mortgage landscape, with crazy rate spreads and shy investors, non-QM can be a dangerous space. Since 2008, it has funded over 14,000 loans, reaching $5.5

Lending 429

Lending Investors Business Mortgage 429

Housing Wire

MARCH 3, 2022

In essence, it means that the investor in a securitization deal is analyzing two things — one, the credit worthiness of the underlying assets and, two, the operational capacity of the deal structure to collect and remit according to the outlined requirements. . This legal construct is critical. They fulfill cash flows.

Investors 314

Investors Legal Architecture Investing 314

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 Investment Corp.

Investing 352

Investing Real Estate Investors Legal 352

Inman

APRIL 4, 2023

A signed lease is a binding legal agreement that can’t be broken — except in the few exceptions when it can. Here are some common scenarios to watch for as a landlord or a real estate investor.

Landlords 111

Landlords Legal Real Estate Investors 111

Housing Wire

MAY 27, 2022

The requirement also applies to mortgage lenders, legal experts say. In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”. The post CFPB wants lenders to disclose reason for denial of credit appeared first on HousingWire.

Law 420

Law Legal Valuation Government 420

Housing Wire

SEPTEMBER 15, 2023

Authorization : A digital loan file of record accessed by a broad range of trusted identities from lenders to guarantors to investors requires a permission structure. Investors require assurance that a file, note or instrument reflects the verifiable intentions of the committed parties.

Supply Chain 357

Supply Chain Technology Investors Legal 357

Housing Wire

OCTOBER 16, 2023

According to Katie Johnson, NAR’s Chief Legal Officer, jury selection started last week and should finish today. Named in the class action are NAR, RE/MAX , Anywhere , Keller Williams and Berkshire Hathaway HomeServices. “We are now anticipating opening arguments to begin on Tuesday, Oct.

Buyers 457

Buyers Brokerage Agents Realtors 457

Housing Wire

FEBRUARY 9, 2023

The lenders, both privately held, will retain their names and brands after the transaction, but APMC will be the new legal entity as the companies come together. The company said it has a full-service retail origination platform that originates agency, government and investor portfolio loans.

Mortgage 346

Mortgage Retail Loan Officers Lending 346

BiggerPockets

MAY 4, 2021

Savvy real estate investors have more loopholes than most to reduce their tax burden. The only two inevitable things in life are death and taxes, right? Well, sort of. Here’s exactly what you need to know about capital gains taxes and how to pay as little as possible.

Real Estate 79

Real Estate Legal Investors Business 79

Housing Wire

NOVEMBER 23, 2020

The report notes that widespread foreclosure moratoria in place do not apply to legally vacant or abandoned homes. In addition, the foreclosure sales rate is at a seven-year high, and REO bids-per-asset are at an all-time high. .

Buyers 531

Buyers Real Estate Investors Retail 531

Housing Wire

OCTOBER 18, 2022

A sharp rise in mortgage rates this year saddled Sprout with tens of millions of dollars in loans it couldn’t sell to investors in the secondary market at par and, consequently, the company was not able to pay its business partners and employees. Since its closing, the company has been the target of several lawsuits.

Contracts 373

Contracts Law Legal Mortgage 373

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. The company also tallied $343 million in net income for 2021.

Real Estate 378

Real Estate Brokerage Technology Modernization 378

Housing Wire

SEPTEMBER 27, 2022

The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac , has been granted summary judgment on the last remaining claim by investors in a lawsuit alleging the government overstepped its authority when it adjusted its stock-purchase agreements with the agencies and allowed net worth sweeps. The case, filed in U.S.

Government 499

Government Investors Law Finance 499

Housing Wire

JULY 14, 2021

The class action-seeking lawsuit, which was filed in the Eastern District Of Michigan’s Southern Division, alleges that Rocket was aware of factors that were already taking a toll on its business, while touting its future performance to investors.

Law 458

Law Investors Mortgage Legal 458