article thumbnail

EasyKnock acquires home equity investment company HomePace

Housing Wire

Goodwin Procter , a global law firm, acted as legal adviser for the deal, but further terms were not disclosed. HomePace products address a critical and sizable market need, and will be a powerful tool in our arsenal. HomePace, founded in 2020, specializes in helping homeowners access their equity through home equity agreements.

Investing 344
article thumbnail

Nearly half of loans processed in Q1 showed fraud risks: FundingShield

Housing Wire

The portfolio of loans examined included residential, commercial investor and business purpose loans. The lenders that have prepared for the market improvements, including some of our new clients, have tech tools for their risk & compliance, operations, funding & accounting teams to fight back against threats.

Insurance 434
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

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.

article thumbnail

Narrow Gauge Capital acquires Inco-Check

Housing Wire

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 315
article thumbnail

Did Michael Strauss, accused of fraud, just start a new mortgage company?

Housing Wire

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 393
article thumbnail

20 Awesomely Functional Gifts for Real Estate Investors [2021]

The Robert Weiler Company

And, if you have a real estate investor in your life, the gift-finding pursuit can be quite a challenge. Investors are often adventurous, organized, go-getters, and have an entrepreneurial spirit. Give the mundane gift basket to your favorite corner shop, and instead, find gifts best-suited for property investors. Holding a 4.4

article thumbnail

Covius integrates Stavvy for RON and eSign on loan mods

Housing Wire

In anticipation of even greater adoption by investors, Covius has proactively aligned with Stavvy, to be ready to offer these options to our large servicer clients.”. Boston-based Stavvy specializes in eClosings and remote online notarization (RON) services for the mortgage and real estate industry.