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Once at the fringes of housing finance, home equity investment companies look to grow their stake

Housing Wire

“What if homeowners could tap into home equity without taking on debt?” Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. Hometap is among a handful of companies — including Unison , Unlock , Point and Aspire — that offer home equity investments.

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Retail reverse mortgage production took a hit in January

Housing Wire

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the former that took the bigger hit in the first month of the year, based on new data compiled by Reverse Market Insight (RMI). on a per-unit basis.

Mortgages 366
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Pop the champagne, Compass hits major financial milestone

Housing Wire

But the Robert Reffkin -helmed brokerage has proved the naysayers wrong, at least for now. billion, which the brokerage attributed to a 19% year-over-year decrease in transaction sides to 54,207, combined with a decrease in the average home sale price, as the brokerage’s gross transaction value dropped 26% year over year to $56.8

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Op-Ed: Small Businesses, Cooperation Bolster Real Estate Market by Maintaining Affordability, Equity

RIS Media

Part of an ongoing fight to maintain equitable accessibility to these listings for all consumers and a level playing field for small business brokerages has to do with so-called “pocket listings.” Most lenders don’t allow real estate broker commissions to be financed. Principal Broker at Phipps Realty Inc.

Equity 110
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Orchard raises $69M in Revolution-led Series C

Housing Wire

Existing backers FirstMark , Navitas , Accomplice and Juxtapose also participated in the financing, which exactly doubles the New York-based startup’s total equity raised since its September 2017 inception to $138 million. Orchard has also raised a total of $220 million in debt financing since its September 2017 inception.

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“Power buyers” are forced to adapt in a slumping housing market

Real Trends

A year ago, Shaival Shah’s principal concern was keeping up with the demand for his company’s alternative financing products. But as mortgage rates have climbed dramatically and bidding wars have largely vanished, the company’s products no longer hold as much appeal to buyers whose financing costs have exploded over the last year.

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Beach trips and other challenges of interpreting RESPA

Real Trends

Sitcov and her brokerage did not respond to messages for comment. Title and other services were high because of these referral relationships between real estate agents and the settlement service providers,” said Holly Spencer Bunting, who is a lawyer at Mayer Brown and represents businesses on mortgage banking and consumer finance matters.

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