Housing Wire

NOVEMBER 14, 2024

stock market, companies like Finance of America (FOA) and Ellington Financial — the parent of reverse lender Longbridge Financial — have recently released their third-quarter 2024 earnings results. For many investors, given the current state of volumes, it remains a niche market that doesn’t demand much attention.”

Investor

Housing Wire

MAY 15, 2025

Ryan Leahy, the founder of MORE Seller Financing , said his company has created the first nationwide platform to bring consistency, compliance and clarity to seller financing a practice that has been relatively diminished in the mainstream market. Why is the real estate market stuck right now? Credit score isnt everything, he said.

Finance

Housing Wire

MAY 19, 2025

Every good buyers agent knows the look buyers get when they walk into a newly-renovated kitchen they dont just like, but love: “ Our partnerships with designers work so well because we can give our real estate advice based on our market knowledge and the feedback weve gotten from buyers over the years, and they can make it beautiful.

Closing

Housing Wire

FEBRUARY 4, 2025

Dara Movement and Dara Data are not yet on the market but in a “road map” stage, Sagent confirmed. Dara Default offers decisioning, automated workflows, collections, loss mitigation, claims, foreclosure and bankruptcy and an attorney network. And Dara Core is nearing beta completion.

Mortgages

Housing Wire

AUGUST 5, 2025

This guide walks you through some of the best ways to find foreclosure leads, whether you’re working your local market or casting a wider net. Whether you prefer data at your fingertips or boots-on-the-ground prospecting, here are 10 effective ways to uncover foreclosure opportunities in your market. That’s where you come in.

Banks

Housing Wire

JULY 23, 2025

Efrain Daza: By the numbers Market: Miami Niche: Pre-construction luxury condos, plastic surgeons from Colombia 2024 sales volume + sides: $25.7 Efrain Daza: By the numbers Market: Miami Niche: Pre-construction luxury condos, plastic surgeons from Colombia 2024 sales volume + sides: $25.7 He was broke, stressed out and miserable.

Closing

BAM Media

APRIL 3, 2025

housing market. Read on for three responses you can give to alleviate housing market fears and become your clients go-to real estate guide. Panic Sells The internet is full of people trying to convince us that their alarmist posts on the housing market are just telling it like it is. Turns out, loads of them are active on X.

Bankruptcy

Seattle Times Real Estate

JUNE 16, 2025

Since late last year, 19 of Selig’s roughly 30 downtown buildings have been put under outside management or turned over to lenders after pandemic-related vacancies left the 88-year-old developer unable to cover more than $850 million in loans. I just don’t see that happening.” But Selig also faces other unique challenges.

Commercial

Lab Coat Agents

JUNE 23, 2025

Competing for home sellers’ attention can be difficult in today’s market, where rising prices, limited inventory, and intense competition create a challenging environment for agents to stand out. Here are our top five tips for scoring new listings in today’s market: 1. Explain this difference to potential sellers.

Marketing

BAM Media

APRIL 1, 2025

HousingWires lead analyst Logan Mohtashami was quick to highlight a detail that had been overlooked in PBDs original post: the chart showed delinquency rates on multifamily mortgagesin other words, loans held by the owners of multifamily properties, not single-family homeowners. Foreclosures and bankruptcies? Stay sharp on the numbers.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

It’s unfortunate, but not every prospective buyer is going to be able to qualify for a home loan. In the simplest terms the main difference is that a bank has its own lending criteria and offers loans by using its own funds. You have no control over who you loan gets sold to. In contrast, a mortgage broker is a middleman.

Finance

Marco Santarelli

MAY 22, 2025

That's why when someone like Dave Ramsey, a guy who's built a career on giving straightforward financial advice, talks about the housing market, people tend to listen. In fact, Ramsey believes these changes, specifically a drop in rates, could be the key to unlocking a more active housing market.

Mortgages

HomeLight

JULY 21, 2025

Compared to the traditional market, these companies pay below-market value in exchange for a quick and convenient sale process. For example, working with a Hilo agent might take up to 123 days (average days to close a loan + average days on market (81) in Hilo). Curious What Your Home Is Worth?

Purchase and sale agreement

Housing Wire

JANUARY 16, 2025

The NFP has signaled a surprisingly resilient labor market for the past 2 years. Issue hawkish messages to avoid market exuberance. But I understand the bond market, and I need only observe its reaction to see the forest. In other words, the market isnt buying what Jay and team are selling. The Fed has chosen option B.

Bankruptcy

Housing Wire

DECEMBER 27, 2024

billion in origination volume in the third quarter of 2024 , when it reported profitability in its origination segment even with an overall loss of $67 million due to a market value change in its servicing book. In 2024, M&A deals accounted for 76% of the total, followed by exits at 22% and bankruptcies at 2%. Guild posted $6.9

Mortgages

Housing Wire

OCTOBER 23, 2024

As you will see below, inventory is growing, but it’s been a calm, healthy rise in 2024, not a flood of houses coming onto the market. Inventory is growing, and home price growth is cooling down from the savagely unhealthy housing market of 2021 and early 2022, but it is not enough to crash home prices nationally.

Mortgages

Housing Wire

JANUARY 29, 2025

A securitization of private reverse mortgages originated by Reverse Mortgage Funding (RMF) will require additional review due to the lenders 2022 bankruptcy, according to a statement on the securitization issued by credit rating agency KBRA. The securitization features loans originated by RMF, which declared bankruptcy in late 2022.

Bankruptcy

AAOA

MAY 5, 2025

Sometimes, life throws the owner curveballslike divorce, bankruptcy, or forced liquidationwhich can also lead a property down this path. Pros Oftentimes, you can buy distressed properties at a fraction of their market value. It also elevates their market appeal and value. But what actually makes a property distressed?

Bankruptcy

Seattle Times Real Estate

JUNE 9, 2025

The Covenant Homeownership Program offers no-interest down payment loans to certain homebuyers of color whose families were affected by racist property covenants commonly used in the first half of the 20th century. Realtors and loan officers often help clients comb through birth and death certificates or school, medical and census records.

Loans

Housing Wire

FEBRUARY 19, 2025

After challenges caused by a major lender and HMBS issuers bankruptcy in 2022, the government-owned company aimed to remedy these issues by developing a complementary program dubbed “HMBS 2.0.” ” HMBS 2.0 Regarding the potential for HMBS 2.0,

Bankruptcy

Housing Wire

MAY 7, 2025

She was a responsible borrower but made a mistake: she had lost track of her student loan payments and was 60 days late. The client, who logged into her student loan portal and made a payment, is now in limbo about whether a new credit report needs to be pulled in her 90-day escrow, the loan officer at Guild Mortgage told HousingWire.

Loans

Housing Wire

JUNE 30, 2022

FGMC) and its affiliate Maverick II Holdings filed for Chapter 11 bankruptcy protection late Wednesday. . They are particularly worried about loans already approved but not purchased by FGMC. . The company said the bankruptcy action has no impact on closed mortgages, which are already serviced by third parties.

Bankruptcy

Housing Wire

APRIL 11, 2025

million for a market share of 28.2%. market share. This gives PHH a 20% market share. Coming in fourth in Q1 is Mutual of Omaha Mortgage , the current market leader in terms of HECM originations, issuing 18 pools with an aggregate amount of $281.3 million bringing its market share to 18.2%.

Mortgages

Housing Wire

JANUARY 8, 2024

The presiding judge in the ongoing bankruptcy case of Reverse Mortgage Funding (RMF) has approved a stipulation that would resolve an administrative claim made against the company’s estate by reverse mortgage servicing company Celink , authorizing both companies to consummate the agreement.

Bankruptcy

Housing Wire

JUNE 28, 2023

” The company sources loans for private lenders and brokers, which are offered for sale to institutional investors or posted on the company’s online platform. In addition, Peer Street acts as a master servicer and manages loans on behalf of investors. million in 2021, Dunn wrote. million, down 23.2% from the year prior.

Bankruptcy

Housing Wire

JUNE 4, 2024

Hometown Lenders has filed for Chapter 11 bankruptcy protection in Alabama, blaming the Federal Reserve’s policy to curb inflation for its debacle. Most were conventional (67%) and purchase (75%) loans. ” The lender closed on October 13, 2023, amid a challenging mortgage market. .” billion the previous year.

Bankruptcy

Housing Wire

SEPTEMBER 25, 2023

Federal student loan payments resuming on Oct. 1 will negatively affect consumer loan asset quality, including credit card, auto and, to a lesser extent, residential mortgages. 1, repayments are due to restart on Department of Education (DOE) federal student loans (Direct Student Loans), which began accruing interest again on Sept.

Loans

Housing Wire

SEPTEMBER 8, 2022

Bank of America recently announced a loan for lower-income households that doesn’t require homebuyers to come up with a downpayment or closing costs, and doesn’t base the loan on a minimum FICO score. Are we really doing those types of loans and promoting homeownership again without understanding the risks?

Loans

Housing Wire

DECEMBER 10, 2021

In the world of mortgage-financing, there exists a product line defined by what it is not — non-qualified mortgage (non-QM), non-prime, non-agency or an alternative-documentation loan. We expect total [private-label] issuance for 2021 to be approximately $25 billion,” said Smith, referring to the non-QM private-label securitization market. “In

Loans

Housing Wire

DECEMBER 29, 2022

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. It is crazy to think we are seeing these four things happen in the housing market considering that even in March of this year we were seeing bidding wars accelerate before mortgage rates rose.

Marketing

Housing Wire

SEPTEMBER 22, 2023

The Federal Reserve ‘s effort to temper inflation has cooled the housing market that remains subdued with mortgage rates north of 7%. However, a silver lining in the subdued housing market is the strength in new-home sales. They were withdrawing volatility from the market, and they were lowering rates to benefit consumers.

FHA loan

Housing Wire

DECEMBER 27, 2022

Marty Green thinks of the housing market in 2022 as two very different movies. But the housing market in the second half of 2022? By September, a full-fledged housing market recession had set in. The 2002 housing market has been a tale of two halves,” said Green. A mortgage rate lockdown freezes the housing market.

Marketing

Housing Wire

APRIL 18, 2024

The loan repurchase trend that began to sting many mortgage originators in 2022 appears to finally be winding down, according to a recent report by Sterling Point Advisors and Augment Analytics. We’re seeing a downward trend in total [loans] repurchased [on a dollar basis], and that’s true for both Fannie and Freddie,” Ludden said. “I

Loans

Housing Wire

NOVEMBER 9, 2022

Garth Graham, senior partner and manager of merger and acquisition activities for the Stratmor Group , said many of the layoffs in the IMB industry so far have involved employees working in support positions, with loan officer jobs being the last to be jettisoned. Charting the loan officer exit.

Loan Officer

Housing Wire

NOVEMBER 9, 2021

What happened post-2010 is that exotic loan debt structures that don’t provide long-term fixed debt products left the system. This was very critical to not only the housing market but also the health of the U.S. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day.

Bankruptcy

Housing Wire

AUGUST 9, 2022

The latest non-QM player to feel the pain of the interest rate volatility afflicting the nation’s housing market this year is a Pasadena, California-based real estate investment trust called Western Asset Mortgage Capital Corp. The principal balance of WMC’s residential whole loan portfolio at June 30 stood at $1.24 a week earlier.

Marketing

Housing Wire

MAY 13, 2021

As you probably know by now, the Federal Housing and Finance Agency has limited GSEs to a 7% cap on loan purchases for second home and investment properties. This means that lenders who sell these types of loans to Fannie Mae and Freddie Mac will be subject to restrictions if their volume exceeds 7%. How does this impact originators?

Loans