Housing Wire

JANUARY 19, 2023

The nascent mortgage company, however, has only one loan officer registered and no loan origination volume so far, according to the mortgage tech platform Modex. The Smart Rate website mentions that the mortgage lender offers purchase and refinancings, jumbo, FHA, adjustable, bank statement and investors loans.

Mortgage 403

Mortgage Investors Legal Loan Officers 403

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 370

Mortgage Retail Loan Officers Lending 370

Housing Wire

DECEMBER 14, 2020

million in a seed round from private investors. An ex-software engineer, Green is also a former loan officer and founder of The Mortgage Reports, a mortgage education website that was eventually acquired by Full Beaker. In particular, Homebuyer was selected for the 2020 class of Techstars Austin in December 2019.

Loan Officers 443

Loan Officers Investors Legal Buyers 443

Housing Wire

APRIL 3, 2024

The plaintiffs claim they hired independent mortgage brokers, believing the wholesale channel was the best option for getting affordable mortgages because these professionals can shop around — a different model from loan officers employed by retail lenders. “As

Loan Officers 468

Loan Officers Mortgage Retail Business 468

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

Marketing 388

Marketing Loan Officers Business Mortgage 388

Housing Wire

JANUARY 5, 2023

Loan America, a full-service mortgage company, relies on warehouse loans or lines of credit for loan funding, similar to many other non-QM lenders. Typically, the company does not hold such loans for more than two weeks, instead selling them to a group of investors – including Sprout Mortgage.

Insurance 441

Insurance Loan Officers Mortgage Business 441

Housing Wire

MARCH 17, 2023

The violations of law were directly related to mortgage loans originated by the company, which were “rife with fraud” and used to “pad its bottom line” in a manner that deceived and defrauded investors, according to Assistant Attorney General Kenneth A. Polite, Jr.

Loan Officers 388

Loan Officers Law Investors Mortgage 388

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 417

Agents Real Estate Agent Brokerage Real Estate 417

Housing Wire

MAY 29, 2024

In the mortgage space, loan officers, brokers and lenders are trying to figure out the best way to deal with this type of debt amid what they call a lack of guidance or transparency. Some BNPL providers report these loans to credit bureaus. I guess it really depends on the consumers and how well they adopt a system like this.”

Mortgage 451

Mortgage Clients Sellers Loan Officers 451

Housing Wire

SEPTEMBER 15, 2020

Digital notary platform Notarize also closed on a $35 million Series C round of funding in March, raising a total of $82 million with investments from real-estate focused venture capital firm Camber Creek , Boston-based Polaris Partners , and other existing strategic investors.

Business 498

Business Law Real Estate Investors 498

Housing Wire

AUGUST 25, 2023

Through its origination business, AmeriFirst kept its business purpose lending (BPL), providing four products, including debt-service coverage ratio (DSCR) loans, bridge financing, investor construction loans and residential transition loans (RTLs).

Mortgage 370

Mortgage Retail Business Lending 370

Eppraisal

DECEMBER 28, 2021

While applicants can feel uneasy about a bank looking so closely at their financial lives, they can nonetheless take comfort from the fact that the lender's thoroughness enables it to make loans in the first place. A working knowledge of the approval process can lower applicant anxiety considerably.

Mortgage 68

Mortgage Home Value Insurance Loan Officers 68

PennyMac

JUNE 2, 2022

Sepehr Niakan, a licensed real estate broker at HB Roswell Realty and founder of CondoBlackBook , has sold hundreds of bank-owned properties in Miami and is an avid real estate investor. He provides a list of four factors that new investors need to consider in order to get organized and narrow down their choices. Scott Vance.

Real Estate 69

Real Estate Investing Property Management Tenants 69

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. The lender initiates legal proceedings against the borrower to foreclose on the property. Foreclosure. Is an REO Home the Right Fit For You?

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Housing Wire

JULY 29, 2024

Tool to drive new capital to the multifamily space Multifamily investing This tool would simplify multifamily investing to attract new players and/or make it easier for existing investors to acquire or renovate properties. Basically an AI mentor to hold the investor’s hand through the process and surfaces opportunities and resources.

Tools 347

Tools Training Tenants Property Management 347

Lamacchia Realty

MARCH 4, 2024

Whether you are a first-time homebuyer or a seasoned investor, choosing the right mortgage broker can significantly impact your overall home-buying experience. A knowledgeable mortgage broker is always up to date on the latest developments, ensuring that your mortgage transaction proceeds smoothly and without legal hiccups.

Mortgage 67

Mortgage Legal Realty Buyers 67

Housing Wire

APRIL 13, 2022

Since 2016, legal immigration growth has declined by 40%. Increasing the supply of legal immigrant construction workers would accelerate economic growth. Competition favors institutional investors and households with higher incomes and stellar credit. Prices continue to rise. Programs to scale up affordable housing.

Insurance 388

Insurance Construction Government Lending 388

Housing Wire

MARCH 29, 2022

Although half of Memphis’ census tracts are majority-minority, Trustmark did not assign a single mortgage loan officer to any of its branches in those areas, the federal government said. Yes, regulators are legally obliged to assess CRA adherence. KleinBank settled with the DOJ in 2018 over allegations of redlining. The reason?

Lending 370

Lending Government Law Mortgage 370