Housing Wire

FEBRUARY 19, 2021

Seattle-based Redfin has agreed to pay $608 million in cash to acquire RentPath , though the deal still requires sign-off by the Federal Trade Commission and a bankruptcy court. Despite RentPath’s baggage, namely a $650 million bankruptcy restructuring , Redfin sees big traffic and lead-generation potential with the pending acquisition.

Bankruptcy 458

Bankruptcy Brokerage Property Management Agents 458

Housing Wire

JULY 28, 2021

Redfin then swooped in, agreeing to pay $608 million in cash to acquire the company despite RentPath’s $650 million bankruptcy restructuring. It’s only the second acquisition Redfin has made since its founding in 2004.

Bankruptcy 370

Bankruptcy Property Management Residential Technology 370

Housing Wire

MARCH 23, 2022

The new REMIC, Mill City Loan Holdings LLC , will serve as a mortgage conduit for funds managed by CarVal while also developing relationships with originators to acquire “residential mortgage assets across multiple strategies,” according to a CarVal statement announcing the launch of the REMIC, which will do business as Mill City Loans.

Banks 381

Banks Bankruptcy Loans Investor 381

Housing Wire

AUGUST 9, 2022

billion in assets, has a diverse portfolio of residential and commercial real estate assets. A closer look at WMC’s books, however, shows that as of June 30 its residential whole loan portfolio, nearly all of which is comprised of non-QM loans, was underwater by some $44 million. million loss in the first quarter. WMC, with some $2.8

Marketing 392

Marketing Bankruptcy Loans Principal 392

Housing Wire

MARCH 5, 2021

With interest rates moving up, now is not the time for us to aggressively buy into the residential mortgage market,” Florance said in a statement. Also this week, a judge in Delaware ruled that CoStar will have to pay a $52 million break fee to RentPath after its failed acquisition of the residential rental portal.

Marketing 358

Marketing Bankruptcy Residential Investor 358

Housing Wire

MARCH 3, 2022

One of the critical mechanisms of securitization is the separation of the underlying assets from the bankruptcy risk of the mortgage bond issuer. To achieve this, a trust is established that legally separates and protects the mortgage loans collateralizing the investors’ bonds from any bankruptcy of the bond issuer or other participants.

Bankruptcy 365

Bankruptcy Investor Fixed-rate mortgage Loans 365

Housing Wire

DECEMBER 28, 2021

Every home, every little business, there were a few that made it along the main streets, but other than that, at least 95-98% of the residential housing in the area was gone,” local eXp Realty agent Mike Stearns said. In 2020, as part of its plan to exit bankruptcy , PG&E agreed to fund a $13.5

Bankruptcy 371

Bankruptcy New Construction Construction Agents 371

Housing Wire

APRIL 18, 2024

The pool of non-QM borrowers includes real estate investors, foreign nationals, business owners, gig workers and the self-employed, as well as a smaller group of homebuyers who face credit challenges, such as past bankruptcies. And those loans are historically riskier than a typical conventional loan.”

Loans 410

Loans Due diligence Investor Technology 410

Housing Wire

SEPTEMBER 18, 2023

We started almost 20 years ago and Perseus in the homebuilding industry, we built a significant player in homebuilding software, that led us to an adjacency residential real estate where we bought over 20 companies. How does the company expect to manage profit amid industry consolidation , bankruptcies and attrition?

Technology 477

Technology Mortgages Bankruptcy Industrial 477

Housing Wire

SEPTEMBER 9, 2022

In July and August of this year, there was a total of 25 residential mortgage-backed securities (RMBS) deals secured by mortgage pools valued at $8.3 Some companies have shut down entirely, such as Sprout Mortgage , or filed for bankruptcy protection, as is the case for First Guaranty Mortgage Corporation. “As

Marketing 399

Marketing Fixed-rate mortgage Bankruptcy Mortgages 399

Housing Wire

SEPTEMBER 21, 2022

The pool of non-QM borrowers includes real estate investors, property flippers, foreign nationals, business owners, gig workers and the self- employed, as well as a smaller group of homebuyers facing credit challenges, such as past bankruptcies. residential mortgage holdings and operations. Angel Oak Mortgage Inc.

Lending 393

Lending Loans Bankruptcy Mortgages 393

1000Watt

FEBRUARY 2, 2024

And I love the residential real estate profession. Information bankruptcy, like business bankruptcy, can be constructive. I believe in homeownership. It’s as American as it gets. In a time when economic power is concentrating and consumer choices are narrowing, real estate remains, in comparison, a small business Garden of Eden.

Bankruptcy 59

Bankruptcy Construction Residential Industrial 59

Housing Wire

DECEMBER 21, 2021

As 2021 draws to a close, it’s clear that the private-label residential mortgage-backed securities (RMBS) market has notched a year for the record books. For the full year, the RMBS 2.0 market — defined as all post-financial-crisis prime, non-prime and credit-risk transfer (CRT) transactions — is projected to exceed $115 billion in issuance.

Marketing 397

Marketing Loans Investor Bankruptcy 397

GeekEstate

NOVEMBER 17, 2023

On the CRE side, flex office powerhouse WeWork declared bankruptcy. Seasonally-adjusted annual sales of existing homes were below 4 million (according to Zillow), which is as low as they’ve been since the back side of the 2008 financial crisis. in revenue, a 17% YoY increase.

Bankruptcy 69

Bankruptcy Residential Brokerage As-is 69

Housing Wire

JANUARY 4, 2022

The bond-rating agency projects the residential mortgage-backed securities (RMBS) market, defined as all post-financial crisis prime, non-prime and credit-risk transfer transactions, will exceed $115 billion in volume for 2021 when the final tally comes in. KBRA seems to think so as well.

Marketing 366

Marketing Debt-to-income ratio Loans Mortgages 366

Housing Wire

MARCH 28, 2022

The figures are drawn from the prime and nonprime (or non-QM) residential mortgage-backed securities deals tracked by Kroll Bond Rating Agency (KBRA). This year’s non-QM volume numbers are impressive, up nearly threefold over the first three months of this year, compared with 2021.

Loans 370

Loans Lending Investor Mortgages 370

Housing Wire

JULY 27, 2022

So, it appears Angel Oak’s liquidity channels are open for business this year, despite what the lender’s asset management arm, Angel Oak Capital Advisors , described in a recently published “2022 Mid-Year Outlook” white paper as a very challenging market for nonagency residential mortgage-backed securities (RMBS).

Marketing 381

Marketing Loans Investor Mortgages 381

Propmodo

APRIL 30, 2024

The loans will target multifamily, for-sale residential, retail, industrial, and self-storage assets in major cities in states traversed by I-95. As property distress spreads, other debt-workout scenarios like bankruptcies and foreclosures will still be in play.

Commercial 67

Commercial Bankruptcy Investor Equity 67

Realty Biz

AUGUST 26, 2021

Texada started her career as a bankruptcy and foreclosure analyst before transitioning to real estate; financial counseling plays a central role in the firm’s value to clients. ERA’s product suite, including RealSure ® , ERA Moves and the Buyer Follow Up program, will serve to differentiate the firm in the Midlothian market.

Bankruptcy 109

Bankruptcy Branding Development Residential 109

Realty Biz

APRIL 13, 2022

Experian is one of the top recognised credit reporting companies that offer residential and commercial tenant screening. Whereas for residential tenants, there are several options that all offer a complete credit score and history on your potential tenant. For commercial tenants, there are two options that are relatively similar.

Bankruptcy 82

Bankruptcy Commercial Residential Property Management 82

Fancy Pants Homes

MAY 13, 2022

The price point makes it the sixth-most-expensive residential listing in the Los Angeles area, Dirt reports. It does, however, land it a spot on the list of most expensive residential properties ever to be auctioned, a ranking led by Nile Niami’s spec megamansion , The One, sold at a bankruptcy auction for a record $141 million.

Bankruptcy 128

Bankruptcy Title Residential Banks 128

Marco Santarelli

NOVEMBER 1, 2023

The majority of robberies consist of shoplifts by force and therefore occur in commercial areas (versus residential). The city filed for bankruptcy and can't support itself. The increase in “violent” crime is largely fueled by robberies at shopping centers.

Bankruptcy 104

Bankruptcy Commercial As-is Residential 104

Toronto Realty Blog

OCTOBER 23, 2023

” We have talked, and will continue to do so, about the unimaginable rights that tenants in the Province of Ontario enjoy, much to the detriment and often bankruptcy of landlords. Short-term renters through AirBnB don’t benefit from the same outlandish protections that long-term renters do, via the Residential Tenancies Act.

Residential 87

Residential Commercial Bankruptcy As-is 87

Realty Biz

AUGUST 9, 2022

Or what could be the consequences if she defaults on the mortgage or even has to declare bankruptcy? Our weekly Ask Brian column welcomes questions from readers of all experience levels with residential real estate. For instance, it could get in the way of the two of you buying a house if you don’t already have one. Please comment.

Bankruptcy 85

Bankruptcy Finance Mortgages Land 85

Housing Wire

DECEMBER 29, 2022

In 2008, the rise of foreclosures and bankruptcy were waving red flags before the job-loss recession even happened. Today, it’s the complete opposite story: the 2005 bankruptcy reform laws and the 2010 Qualified Mortgage laws laid the foundation for the best housing credit profiles recorded in U.S.

Marketing 546

Marketing Bankruptcy Sales FHA loan 546

Realty Biz

JULY 19, 2022

These tips assume you’ve already done what is needed to bring your score up to at least 690 or 700 — meaning you don’t have a bankruptcy, you’ve cleaned up any errors on your credit report, etc. Also, our weekly Ask Brian column welcomes questions from readers of all experience levels with residential real estate. Always pay on time.

Mortgages 99

Mortgages FHA loan Bankruptcy Loans 99

McKissock

AUGUST 30, 2022

Of course, for most residential mortgage lending assignments, appraisers are not permitted to accept payment from the borrower at the time of inspection. But for non-lending assignments , such as divorces, estates, and bankruptcies, you are still permitted to collect your fee at the time of the inspection.

Lending 81

Lending Bankruptcy Inspection Mortgages 81

The Close

APRIL 5, 2024

Forewarn can obtain a criminal history, verify current vehicle and property ownership statuses, identify financial risks (like bankruptcy), and provide a complete residential address history for almost 90% of people. However, data may still vary depending on availability and coverage.

Agents 98

Agents Property Management Bankruptcy Design 98

Realty Biz

SEPTEMBER 25, 2021

These loans could lead to repossessing a car or bankruptcy, but your home should not be at risk. Also, our weekly Ask Brian column welcomes questions from readers of all experience levels with residential real estate. That lower interest rate can save you a lot of money, especially for large ticket items that take years to pay off.

Equity 91

Equity Loans Bankruptcy Mortgages 91

Housing Wire

AUGUST 11, 2022

a real estate investment trust (REIT) based in Mill Valley California that has residential operations focused on nonagency jumbo loans, recently reported a second-quarter 2022 net loss of $100 million, after recording a net gain of $31 million in the prior quarter. Redwood Trust Inc. , Likewise, Atlanta-based A ngel Oak Mortgage Inc. ,

Mortgages 382

Mortgages Loans Residential Lending 382

Housing Wire

DECEMBER 23, 2021

websites for office space — LoopNet , and residential rentals — Apartments.com , generating revenue from subscriptions by landlords and commercial brokers. CoStar has not significantly grabbed market share of for-sale residential, perhaps the largest total addressable market in U.S. Also, CoStar owns the most trafficked U.S.

Brokerage 388

Brokerage Commercial Residential MLS 388

Fancy Pants Homes

OCTOBER 14, 2020

Ross declared bankruptcy in 2010 , which might explain why the house was listed for ‘just’ $95 million that year, however, he didn’t have any luck finding a buyer. Besides, there probably isn’t a lot of demand for 19-bedroom, 29-bathroom homes, not even in Beverly Hills. Who owns the Beverly House? Ross for more than 40 years. Beverly Drive.

Bankruptcy 111

Bankruptcy Sales As-is Land 111

HomeLight

JUNE 24, 2021

Births and deaths, marriages and divorces, tax liens, bankruptcy rulings, and census data are just a few examples of information available to anyone who is willing to look it up. We’re going public (records). Public records are a treasure trove of information on so much more than just matters of real estate. Motor vehicle registration.

MLS 88

MLS Land Title Commercial 88

Housing Wire

SEPTEMBER 29, 2022

The pool of borrowers in this space includes real estate investors, property flippers, foreign nationals, business owners, gig workers and the self-employed, as well as a smaller group of homebuyers facing credit challenges, such as past bankruptcies.

Marketing 378

Marketing Pre-approval Investor Bankruptcy 378

The Close

JUNE 22, 2023

Many people, even real estate agents, don’t realize that there are actually three real estate submarkets happening in the residential space at the same time. Well, the good news is that inventory is going to increase. These submarkets occur simultaneously in every market, everywhere and all the time … without exception!

Investor 116

Investor Debt-to-income ratio New Construction Construction 116

Norada Real Estate

MARCH 3, 2021

In the debate between residential vs commercial real estate investment , many ask, “Which is better?” Residential or commercial real estate investing is more than just buying a home or looking for an investment property. Benefits of Residential Real Estate Investment. Residential real estate has better long-term average growth.

Commercial 72

Commercial Residential Investor As-is 72

The Residential Specialist

JUNE 30, 2021

In some cases, legal complications such as restraining orders and bankruptcies can affect progress. Failure to do proper discovery early in the process can be problematic, especially as divorcing clients could be in a precarious financial situation and may not be upfront with disclosure. says Stevens. Maybe the mortgage hasn’t been paid.

Agents 98

Agents Bankruptcy Sales Short sale 98