Housing Wire
MARCH 16, 2021
Plaza Home Mortgage was no exception, as it sought to improve its property tax estimation process. This case study explores how the correspondent lender was able to reduce its property tax estimation time by upwards of 90% per loan by implementing CoreLogic’s Property Tax Estimator (PTE).
Housing Wire
MARCH 21, 2025
Property insurance premiums and property tax hikes have also added financial strain, particularly in disaster-prone regions like the Southeast and West, where insurance carriers are passing on higher costs to homeowners. It recommended human oversight to mitigate bias.
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Housing Wire
NOVEMBER 8, 2024
“Not only does owning build equity,” explains Shallis, “but the tax benefits are substantial. Buyers can deduct all the interest they pay on their loan and up to $10,000 in property tax payments, generating a year-end windfall from Uncle Sam. Yes, the American Dream of homeownership is still alive and well.”
Housing Wire
MAY 5, 2021
DataTrace also offers property tax information and certification services in Colorado and Texas. . To help improve the title search process, many companies are using artificial intelligence and machine learning combined with underwriting guidelines — to search traditional and non-traditional property data sources.”
Housing Wire
AUGUST 29, 2024
High interest rates and inflation mean the cost of reinvesting in properties is expensive. Add to that constrained public resources (from lower property tax collections on struggling office buildings ) and competing priorities, and housing owners are struggling to maintain properties, make payroll and remain in business.
Housing Wire
MAY 25, 2023
The big difference is that monthly mortgage payments are optional so long as the borrower continues to maintain the home and pay their property taxes and insurance,” Cooper said. The customer would bring roughly 60-65% to the table and the reverse mortgage lender would provide the other 35-40% for the transaction.
Housing Wire
MAY 18, 2022
We provide lenders with best-in-class training (including live and on-demand opportunities) and comprehensive educational materials on the federally insured Home Equity Conversion Mortgage (HECM) and our proprietary Equity Elite suite of products before engaging with borrowers. Not tax advice. Consult a tax professional. †
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