post tag Accounting 
Housing Wire
MARCH 8, 2024
These stressors are tied to the post-pandemic increase in remote work, as well as higher interest rates that have made it difficult to refinance commercial real estate debt. “I Community banks — commonly defined as those with less than $10 billion in assets — accounted for nearly $477 billion (or 17%) of the total debt.
Housing Wire
FEBRUARY 9, 2022
While the real estate industry has witnessed the introduction of a number of spectacular and innovative developments in recent years, we still (sometimes unfairly) get tagged as “old fashioned” or “conservative.” However, why are we still sharing routing and account numbers and exposing ourselves to undue risk?
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Housing Wire
AUGUST 1, 2021
Expedite Close accounts for each participant’s role during the closing stages, including the Realtor and settlement agent, and enables lenders to work at their own pace in a flexible and scalable setting. Rich Gagliano, President, Origination Technologies.
Housing Wire
JULY 23, 2021
Borrowers can qualify with their most recent personal or business account bank statements rather than going through an agency underwrite that requires more documentation. While that’s still below the $548,250 minimum price tag requiring a jumbo loan, the higher average indicates big increases across the board.
Housing Wire
SEPTEMBER 24, 2021
One thing Acra’s team of experienced flippers noted was the lack of transparency in traditional financing — the phone tag and back-and-forth emails that loans typically entailed. It will also show when we’ve sent out communications, just to hold everyone accountable.”. “There are fewer people in operations and less overhead.”.
Housing Wire
FEBRUARY 22, 2022
When supplies are low, charges inevitably go up, but not everyone feels the higher price tags are reasonable. The builders who are desperate for cash flow will bid low for a project, not taking into account the current price increases and labor shortages, and might end up going bankrupt.
Housing Wire
MARCH 23, 2021
The going price for a social security number is about $4, but based on credit score, that price tag rises significantly. Due diligence to verify the destination account of an escrow or down payment is also essential, since such transfers can’t be undone, and there is little recourse for seller or buyer once the sum is gone.
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