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

2018 Rising Stars: Nicholas Corpuz

Vice President of Servicing Oversight at Subsequent QC

coleman

 

Nicholas Corpuz is vice president of servicing onsite at Subsequent QC (SQC), an MQMR sister company. Since joining SQC four years ago, Corpuz has played an instrumental role in developing the company’s vision to not only protect clients through the design of a servicing quality control platform denovo but also add value to their businesses by offering servicer and sub-servicer reviews. Corpuz also performs safety and soundness reviews of mortgage lenders on behalf of warehouse banks. 

Prior to joining SQC, Corpuz helped develop and implement Properct Mortgage LLC’s Servicing Audit following FNMA, FHLMC, HUD and CFPB requirement guidelines. During his time in loan administration, Corpuz developed an auditing regime for loans impacted by Hurricanes Rita, Wilma and Katrina. Corpuz has developed an industry reputation as an expert in servicing compliance applications of Consumer Financial Protection Bureau, regulatory oversight and federal lending industry legislation.

colemanWHAT IS THE BEST PIECE OF ADVICE YOU’VE EVER RECEIVED?

My mother, Carla Corpuz, was an underwriter for Fannie Mae. Early in my mortgage career, her advice to me was, “Stick with it.”

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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

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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

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