Top markets for affordable renovated housing inventory

Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at auction.

HousingWire Magazine: December 2021/ January 2022

AS WE ENTER A NEW YEAR, let’s look at some of the events that we can look forward to in 2022. But what about what’s next for the housing industry?

Back to the Future of Mortgage Lending

This webinar will be a discussion on understanding what’s to come in the future of mortgage lending by analyzing past trends in the industry, evolving consumer behaviors and demographics of the industry’s production capacity.

Logan Mohtashami on Omicron and pending home sales

In this episode of HousingWire Daily, Logan Mohtashami discusses how the new COVID variant, Omicron, will impact inflation and whether or not it will send mortgage rates lower.

Awards

2020 HW Tech100 Mortgage winner: eOriginal

Providing a simple closing experience for lenders

eOriginal’s ClosingCenter provides a simple closing experience for lenders, borrowers and settlement agents, while eAsset Management provides advanced ownership and location transfer tools for eNotes. Closing Center eliminates bottlenecks to secondary market delivery by reducing the time required to sell eNotes to investors from weeks to days. eAsset Management provides first-to-market support for MERS eRegistry’s Secured Party feature, allowing interim funders and investors to better identify and manage their security interests in eNotes.

  • Using ClosingCenter, Fairway Independent Mortgage experienced 80% faster mortgage acceptance by secondary market investors, including Fannie Mae and Freddie Mac.
  • Fairway Independent Mortgage also realized a 90% reduction in interest expenses to warehouse lenders for mortgages closed using ClosingCenter.

www.eoriginal.com

Most Popular Articles

Better.com lays off LOs, secures $750M cash injection

Digital mortgage lender Better.com is laying off 9% of its workforce ahead of a $750 million cash injection from financial backer SoftBank Group.

Dec 01, 2021 By

Latest Articles

What Omicron, bond market and jobs mean for housing

We often have two to three job reports per year that miss estimates badly. However, remember that we have over 10 million job openings.

Dec 03, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please