Housing Wire

JANUARY 4, 2022

Pontiac, Michigan-based United Wholesale Mortgage (UWM) capitalized on a booming private-label market in 2021 by sponsoring its inaugural securities transaction this past May, a prime jumbo deal involving 508 mortgages with an aggregate principal balance of $351.9 That’s a strong start for a new issuer. “A

Marketing 338

Marketing Debt-to-income ratio Loans Mortgages 338

Housing Wire

JULY 22, 2022

Non-QM lender First Guaranty Mortgage Corp. FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. Sprout Mortgage imploded in early July, leaving its employees out in the cold.

Lending 378

Lending Banks Bankruptcy Loans 378

Housing Wire

AUGUST 11, 2022

Likewise, Atlanta-based A ngel Oak Mortgage Inc. , a real estate investment trust focused on nonqualified mortgages, or non-QM, recently announced that it was struggling with red ink — recording a net loss of $52.1 a long-term player in the non-QM mortgage market. Redwood Trust Inc. , The Angel Oak Cos.

Mortgages 383

Mortgages Loans Residential Lending 383

CT Homes

FEBRUARY 3, 2022

As difficult as it may be to believe, the mortgage collapse was over ten years ago. A short sale, commonly also known as a pre-foreclosure sale, is a transaction within the real estate industry refers to a sale that occurs when a financially struggling homeowners sells their property for less than the original amount due on the mortgage.

Short sale 52

Short sale Sales Pre-approval Principal 52

Housing Wire

NOVEMBER 1, 2021

A component of the American Rescue Plan Act, the assistance fund was approved by Congress in March and allocates $10 billion to prevent homeowners from falling behind on their mortgage, losing utility services, or being displaced. during a panel in the Mortgage Bankers Association Conference in San Diego.

Homeowner’s association 395

Homeowner’s association Bankruptcy Principal Mortgages 395

Housing Wire

APRIL 22, 2022

The mortgage market is facing a crisis today, and it’s being fueled by fast-rising interest rates. 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.”. The rate escalation started at the beginning of this year and is continuing to play out.

Loans 392

Loans Lending Mortgages Investor 392

App Folio

DECEMBER 18, 2020

To better understand where the real estate industry is headed, we reached out to top thought leaders from residential property management, community associations management, and investment management to learn more about their experiences in 2020 and what they are doing to prepare for the year ahead. . What will 2021 bring? Listen now: ? ?.

Industrial 105

Industrial Property Management Investor Technology 105

Broke Agent Media

JUNE 2, 2023

Dr. Anju Vajja Principal Associate Director in FHFA’s Division of Research and Statistics HousingWire’s Logan Mohtashami explained why this is happening in a recent article while debunking some popular myths about inventory. Source: FHFA U.S. house prices generally increased modestly in the first quarter.

Bankruptcy 52

Bankruptcy Principal Finance Mortgages 52

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. Rocket Mortgage Acquires Redfin. The context of that announcement was Rich Barton saying that 87% of buyers use a mortgage, that the top 25 lenders in the U.S. NAR defines what an MLS is.

MLS 79

MLS Agents Pre-approval Brokerage 79