Housing Wire

FEBRUARY 22, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) announced the launch of an inquiry into Ginnie Mae ’s monitoring of now-bankrupt lender Reverse Mortgage Funding (RMF), and its extinguishment from the Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program.

Bankruptcy 383

Bankruptcy Loans Mortgages Equity 383

Housing Wire

NOVEMBER 2, 2020

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. Black Knight is a proven mortgage industry leader in servicing technology. Originations. Secondary Marketing.

Lending 403

Lending Bankruptcy Equity Loans 403

Housing Wire

OCTOBER 13, 2022

Independent mortgage banks (IMBs) account for nearly 74% of agency mortgage originations, which is the bulk of the market, according to a recent report by the Urban Institute ’s Housing Finance Policy Center (HFPC). The firm specializes in asset-backed credit, whole loans and private equity. Past is Present.

Mortgages 368

Mortgages Marketing Banks Loans 368

Propmodo

APRIL 30, 2024

Those in the industry holding out for cuts could soon consider selling assets, handing the keys back to the lenders, or halting projects altogether. After years of high times and low rates, the hangover is lasting longer than the industry wants it to, and people are looking for relief to weather the adverse effects.

Commercial 67

Commercial Bankruptcy Investor Equity 67

Housing Wire

SEPTEMBER 18, 2023

Tom George : The way Constellation operates is that we focus on acquiring vertical market software companies and portfolios of vertical market software companies with the intent to stay in these industries forever. How does the company expect to manage profit amid industry consolidation , bankruptcies and attrition?

Technology 481

Technology Mortgages Bankruptcy Industrial 481

Realty Biz

SEPTEMBER 30, 2023

Let's delve deeper into these topics to guide you towards an affordable home financing solution. Longer time to build equity: With a higher interest rate and potentially larger down payment, it may take longer for you to build equity in your home. Can you buy a house with bad credit? These loans are backed by the U.S.

Finance 97

Finance Debt-to-income ratio FHA loan Mortgages 97

Housing Wire

JANUARY 4, 2022

Most of the buyers are move-up buyers, and if you’re moving up to buy the property, you’re tapping into the equity from the property you’re selling, which is also going up in value 20% [year-over-year],” he added. “I I don’t think we’re seeing a lot of 3%- or 5%-down mortgages on those higher-priced homes. …

Marketing 340

Marketing Debt-to-income ratio Loans Mortgages 340

Housing Wire

MARCH 28, 2022

Consequently, the hunt is on for opportunities in the purchase market, and that’s why non-QM lending is expected to become a sweet spot in the mortgage market, according to industry observers. Non-QM guidelines iterate on a quarterly basis, sometimes on a monthly basis,” Yoon said.

Loans 364

Loans Lending Investor Mortgages 364

The Close

JANUARY 20, 2023

Wholesale real estate investing is a good choice if you’re looking for short-term opportunities to break into the investing industry by leveraging your existing skills as an agent. This means that you may need to create a plan for marketing to homeowners in foreclosure or divorce and bankruptcy attorneys. These are good exit points.

Investor 90

Investor Finance MLS Property Management 90

HomeLight

APRIL 29, 2022

Since its inception, Zillow has become a massive player in the online real estate industry. This means you can head to the proverbial negotiation table with confidence — and the ability to potentially waive your financing contingency. This site also lists whether a property is in bankruptcy, preforeclosure , or foreclosure.

Agents 91

Agents Bankruptcy Loans Sales 91

Marco Santarelli

JULY 25, 2022

Instead, they will lose their homes to foreclosure and often file for bankruptcy in the process. The previous housing bubble in the United States in the mid-2000s was caused in part by another bubble, this time in the technology industry. By 2000, the Nasdaq peaked, and when the tech bubble burst, many high-flying equities plummeted.

Marketing 52

Marketing Lending Mortgages Equity 52

HomeLight

JUNE 16, 2023

If you’re a homeowner with consumer or student debt, it’s tempting to tap into your home’s equity with a cash-out refinance to pay down these balances. Homeowners may refinance to secure a lower interest rate, change their loan terms, or, as in this case, tap into their home equity.

Fixed-rate mortgage 59

Fixed-rate mortgage Equity Debt-to-income ratio Loans 59

Housing Wire

APRIL 22, 2022

It’s a crisis that one industry executive describes as “a situation where we have to get the pig through the belly of the python.”. I can’t speak broadly for the industry, but we’ve acquired in excess of $500 million between loan trades and forward commitments in the last two weeks. SECURITIZATION & LOAN SALES.

Loans 393

Loans Lending Mortgages Investor 393

Notorious ROB

JUNE 12, 2022

In part 1 , we covered legal and regulatory challenges to the real estate industry. And historic government efforts to boost private sector liquidity granted zombie companies months, if not years, worth of debt financing. Now, said zombie company is really dead and enters bankruptcy proceedings. Layoffs are all but inevitable.

Investor 86

Investor Banks Bankruptcy Equity 86

Toronto Realty Blog

DECEMBER 19, 2023

And all the while, the topic of pre-construction remains a hot one, since all almost all new properties in the province are financed and built after 70-80% of units are pre-sold. Much like the old-world of equities investing revolved around dividends, real estate investors wanted monthly cash flow.

Pre-approval 82

Pre-approval Construction Development Agents 82

HomeLight

JULY 31, 2021

Here’s a little background on what cash buyers tend to prioritize and look for when they make an offer, according to experts in the real estate and investing industry we spoke with directly. Value-add is the process of remodeling a home or complex to increase the value and add equity,” Shipwash explains. “In Motivated sellers.

Earnest money deposit 98

Earnest money deposit Inspection Proof of funds Inspection contingency 98

Housing Wire

MAY 25, 2022

The most affordable manufactured homes are financed with private loans with higher interest rates, shorter terms and fewer consumer protections than mortgage loans. The homes financed by these loans come without land, like a car, and the homeowner typically rents the land beneath their home. That means the 17.5

Finance 395

Finance FHA loan Loans Bankruptcy 395

HomeLight

DECEMBER 2, 2021

A conservative industry estimate might be six months, start-to-finish. Consult an attorney specializing in bankruptcy. in equity from 2019 to 2020. Your home may be worth more than you think, allowing your equity to help cover your debt. The timeline. A short sale can take as little as a few months , but that’s rare.

Short sale 80

Short sale Sales Loans Banks 80

Notorious ROB

DECEMBER 19, 2022

Relevant to this thinking is the fact that the term “MLS” is nowhere defined, other than in private industry groups’ own rules and policies. Zillow went into even more detail, but fundamentally, I thought this was Zillow declaring war against the entire mortgage industry. NAR defines what an MLS is. CMLS defines it. Finally, D.R.

MLS 79

MLS Agents Pre-approval Brokerage 79