Despite some concerns that an interest rate hike could devastate the housing market, a new report from Capital Economics said that housing looks well placed to withstand a rate hike. However, there are more issues that the industry needs to overcome other than just rising interest rates.
HomeUnion, an online real-estate investment management firm, is expanding from helping investors identify single-family rental properties to purchase to actually helping them buy the properties. HomeUnion announced Tuesday that it is launching a new division, HomeUnion Lending, which will focus on lending to single-family rental investors.
According to the latest Home Price Index from CoreLogic, home prices continued to post "healthy" gains in the month of October. And CoreLogic expects prices are going to continue trend in same direction as we head into 2016.
The online mortgage lender officially moved into marketplace lending on May 13, becoming the first national nonbank lender to offer both home and personal loans nationwide. Since then, loanDepot has funded more than $250 million in personal loans, leading to the company’s first $150 million securitization of unsecured personal loans.
Tavant adds flexibility to its clients’ business and technology initiatives by keeping their investments in large enterprise systems (such as an LOS) intact and providing a “surround and extend” strategy and infrastructure that allows them to provide unique business differentiators to their customer base.
Boarded houses advertise a property’s vacancy, increasing vandalism and other crimes. Seeing the neighborhood blight that resulted from these plywood-boarded properties inspired Robert Klein, founder of Safeguard Properties, to develop a new product that solved these problems: SecureView.
Nationwide Title Clearing's broad service offerings range from recording and title clearing services for loan originators to post-closing audits, mortgage assignment, pre-sale audits and payoff services — covering the entire lifecycle of a loan. The company has seen a stunning 350% growth in the last four years and can track and fulfill county document requirements in all 3600+ recording jurisdictions nationwide.
National Real Tax Tracking provides lenders, servicers, investors and title companies with the information they need for research, due diligence and compliance. By functioning as an outsourced tax division, NRTT empowers companies to research, monitor and manage everything they need related to property tax status, in a compliant and transparent way.
Mason-McDuffie utilizes the Kaizen philosophy of continuous improvement, which places a high value on each employee and empowers them to spot and eliminate waste. From a practical standpoint, it means that the company’s collaborative structure is focused on making changes, monitoring results and adjusting accordingly.
Global DMS has developed an appraisal work-flow engine — eTrac Enterprise — that gives users a single-source valuation management platform to centralize all aspects of the appraisal process. This work-flow engine eliminates the need for manual intervention within specified processes because all of the steps and notifications are automated.
All of the sectors of the housing economy now — real estate, lending, servicing and investing — are navigating unchartered territory. The challenges are new and the processes scrutinized as never before. Against that backdrop, we at HousingWire thought it was appropriate to recognize the tremendous leadership within the mortgage space with our first annual HW Vanguard Awards. Companies in our business couldn’t have survived the crisis, or formed in this brave new world, without serious leadership..
On the multi-borrower side, the potential for volume is massively larger than on the single-family side, but the challenge until now has always been on how to scale this side of the business.</p> Read More
Over the past eight years, housing counselors and the mortgage servicing industry have learned a lot, and it’s our joint responsibility to avoid the mistakes of the past, to maintain momentum, and to create new pathways for homeowner-centric loss mitigation practices that have sustainable homeownership as the No. 1 objective. Read More