To advance mortgage lending, trust must take backseat to truth

Once upon a time, loans were made on a handshake. That’s not just a platitude; before the Civil War, most Americans were self-employed, there was no federal income tax and banking was decentralized, making it practically impossible to verify a borrower’s employment, income and assets. … Continue readingTo advance mortgage lending, trust must take backseat to truth

To advance mortgage lending, trust must take backseat to truth

Once upon a time, loans were made on a handshake. That’s not just a platitude; before the Civil War, most Americans were self-employed, there was no federal income tax and banking was decentralized, making it practically impossible to verify a borrower’s employment, income and assets. … Continue readingTo advance mortgage lending, trust must take backseat to truth

All-cash transactions under scrutiny of Biden administration

The Biden administration announced on Monday that it is looking to expand reporting requirements on all-cash real estate transactions. The announcement came via a U.S. Treasury Department notice seeking public comment on this potential regulation. According to the Biden administration, the aim of this regulation … Continue readingAll-cash transactions under scrutiny of Biden administration

All-cash transactions under scrutiny of Biden administration

The Biden administration announced on Monday that it is looking to expand reporting requirements on all-cash real estate transactions. The announcement came via a U.S. Treasury Department notice seeking public comment on this potential regulation. According to the Biden administration, the aim of this regulation … Continue readingAll-cash transactions under scrutiny of Biden administration

Mosaic Homebuilding Tech Survey Reveals 83% of Real Estate Industry Seeking out Homebuilding Technology Solutions

72% of real estate professionals are likely to use homebuilding tech in the next 12 months, new Mosaic homebuilding survey shows PHOENIX–(BUSINESS WIRE)–Mosaic Building Group (“Mosaic”), a construction technology platform for the residential development industry, today announced the results of its quarterly Homebuilding Tech Survey, … Continue readingMosaic Homebuilding Tech Survey Reveals 83% of Real Estate Industry Seeking out Homebuilding Technology Solutions

How did the pandemic change the state of the appraisal market?

The HousingWire award spotlight series highlights the companies that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Tech100 award are now open through next Friday, December 17, 2021. To submit your company, go here. If there’s anything that lenders and borrowers have learned from the … Continue readingHow did the pandemic change the state of the appraisal market?

How did the pandemic change the state of the appraisal market?

The HousingWire award spotlight series highlights the companies that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s Tech100 award are now open through next Friday, December 17, 2021. To submit your company, go here. If there’s anything that lenders and borrowers have learned from the … Continue readingHow did the pandemic change the state of the appraisal market?

More renters and homeowners are missing payments

More than five million households failed to make their rent or mortgage payments in October, an increase compared to the same period of 2020, and a concern for mortgage servicers. According to the Mortgage Bankers Association‘s Research Institute for Housing America (RIHA), the number of … Continue readingMore renters and homeowners are missing payments

More renters and homeowners are missing payments

More than five million households failed to make their rent or mortgage payments in October, an increase compared to the same period of 2020, and a concern for mortgage servicers. According to the Mortgage Bankers Association‘s Research Institute for Housing America (RIHA), the number of … Continue readingMore renters and homeowners are missing payments