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?

Mortgage Tech Virtual Demo Day

Tune in to our live Virtual Demo Day on December 1st at 10am CT to experience demos from the most innovative tech companies in the Servicing, Audit and Post-Close space.

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.

Mortgage

MCS acquires EPIC Real Estate Solutions

Expanding MCS' product line

Property preservation and inspection, REO property maintenance and valuations company Mortgage Contracting Services announced it is expanding its client offerings by acquiring EPIC Real Estate Solutions.

“Making EPIC part of the MCS family allows us to provide even more value to our clients at every step of the mortgage process,” says MCS CEO Caroline Reaves.

“As with all of our product offerings, our focus will be on providing exceptional service and full compliance with federal, state and local regulations.”

The Plano, Texas based company combined forces with the Austin, Texas company in expanding MCS’ services that will include title insurance, escrow and closing services, loan document signing services and flood certifications. EPIC also provides a full suite of valuations products, which will be combined with MCS Valuations.

Berkery Noyes served as exclusive strategic and financial advisor to EPIC Real Estate Solutions.

Most Popular Articles

FHFA: Government to back mortgages up to $970,800 in 2022

The FHFA today announced the baseline conforming loan limit for 2022 will be $647,200, an increase of 18%. In high-cost areas, the new ceiling loan limit will be $970,800.

Nov 30, 2021 By

Latest Articles

Zillow: Over half of our iBuying inventory is on the move

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”

Dec 02, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please