Housing Wire

APRIL 10, 2025

policymakers scramble for answers, countries abroad have already developed and deployed practical solutions. Banks and credit unionsmany of which depend on mortgage activity to fuel lending, gather deposits, and generate fee incomeare facing an extended drought. And while U.S. The scale of the lock-in problem is staggering.

Design

Housing Wire

APRIL 29, 2025

Mike Kent and Jim Cory SVP of corporate development and industry relations at Liberty Reverse Mortgage and managing director of reverse at Guild Mortgage , respectively welcomed industry members to the associations first event but wasted little time in assessing the current advocacy landscape for the reverse mortgage business.

Industrial

Housing Wire

MAY 9, 2025

With a pipeline nearly double what it was a year agoand demand coming from across the industry, from leading banks and mortgage servicers to independent mortgage banks and credit unions its clear the need for effortless, personalized banking and lending is only growing. “There are three themes I want to cover today.

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Housing Wire

APRIL 4, 2025

Following other recent proprietary product development news, Longbridge Financial announced on Friday the launch of a new variation for its private fixed-rate reverse mortgage offering. Other lenders active in the proprietary space include University Bank , Smartfi Home Loans and Nationwide Equities.

Mortgages

Housing Wire

FEBRUARY 18, 2025

HousingWire s Reverse Mortgage Daily (RMD) had a chance to meet up with Medina Cicak, Heartland Bank s chief commercial officer in Australia , and Keira Billot, the New Zealand -based general manager of retail and reverse mortgages. In New Zealand, there are only two main providers of reverse mortgages, both are banks, they said.

Banks

Housing Wire

APRIL 28, 2025

“So aside from hiring and building our sales team, we’re focusing on deepening our partnerships and developing repeat working with PennyMac. “They’ve been able to compete with banks and credit unions, and so that’s been a big win for us. “There’s a lot of talk about choice in the channel. .

Marketing

Housing Wire

DECEMBER 9, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO)s dedicated reverse mortgage development workgroup is targeting January 2025 as the release window for a series of uniform technology standards. The second step is to understand the landscape of existing equity release product offerings. I think we can bridge that gap.

Mortgages

Housing Wire

JANUARY 29, 2025

Its been a while since there were any substantive updates to the lawsuit playing out between Texas Capital Bank (TCB), the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae over a dispute involving Home Equity Conversion Mortgage (HECM)-backed Securities ( HMBS ).

Banks

Housing Wire

FEBRUARY 21, 2025

This at least partially stems from well-developed forward mortgage companies diving more deeply into the reverse side of the equation. HECM for Purchase A very visible part of the slow build is tied to the Home Equity Conversion Mortgage (HECM) for Purchase program, he explained.

Mortgages

Housing Wire

MAY 19, 2025

Existing resources, needed work Rate managed to become one of the top 20 Home Equity Conversion Mortgage ( HECM ) lenders in the country last year. You need the mortgage banking skill set, and then you need to be able to work well with the seniors and their constituents,” Allen said.

Mortgages

Housing Wire

JULY 24, 2025

According to Modex, the bulk of his business has gone to Nationwide Equities Corp. Department of Housing and Urban Development (HUD) and PHH Mortgage. She became a licensed adviser for Home Equity Conversion Mortgages ( HECMs ) in 2010. Traditional Mortgage Acceptance Corp. , The Money House Inc. ,

Mortgages

Real Estate News

JULY 18, 2025

Developing content that's accessible, digestible and shareable. And yes, helping buyers understand how financial technology and shared equity models can unlock new paths to ownership. We have to be in those same channels sharing the real story — acknowledging the challenges, but also offering hope, strategies and tools."

Loan Officer

The Close

NOVEMBER 7, 2024

Crowdfunding: Real estate crowdfunding is when investors pool resources and invest in projects such as new developments or acquisitions. Conventional loans: These can be obtained from a credit union or a bank. It’s an excellent real estate investment strategy for portfolio growth.

Hard money loan

Housing Wire

MAY 7, 2025

And if Craig Ungaro’s experience is any indication, the dynamic will pose a very different challenge for independent mortgage banks. Additionally, mortgage companies may be overseen by state banking agencies or specialized mortgage divisions. Weve also seen states move to regulate home equity investment contracts.

Mortgages

Housing Wire

OCTOBER 22, 2024

Line of credit One such misconception touched on during the event focused on the Home Equity Conversion Mortgage ( HECM ) line of credit feature. It’s similar to the interest you earn on a bank account. …” The sentence was immediately interrupted by the shriek of a whistle, which surprised even the presenters themselves.

Mortgages

Toronto Realty Blog

APRIL 3, 2025

But if we’re going to have an honest discussion about the issue of developers suing pre-construction condo buyers which is only just beginning in Toronto, we truly are going to kick over the hornet’s nest because I have to ask the obvious question: Who is to blame? You have two choices: buyers or developers.

Construction

The Close

DECEMBER 18, 2024

Offers 60 professional development hours (equivalent to 6.0 CEUs) for CRE professionals and contributes 60 credits towards the BOMI Continuing Professional Development Program (CPD) Two weeks long, with the entire program duration of three months Did you know? Visit Baselane 6.

Commercial

The Close

MAY 14, 2025

Rising interest rates, shifting population demographics, and local economic development are reshaping the best cities for real estate investments in 2025. In the coming years, the metroplex is expected to grow consistently, underpinned by infrastructure developments and housing growth.

Investor

Marco Santarelli

MARCH 15, 2025

This makes borrowing against your home equity more affordable than it has been in quite some time. HELOC stands for Home Equity Line of Credit. Think of it like a credit card, but instead of a spending limit based on your credit score, it's based on the equity you have in your home. Well, good news! Let's dive in.

Equity

The Close

NOVEMBER 12, 2024

Check out zoning laws, future developments, and what the locals say. Owning some land is appealing since it’s usually low-maintenance and cheaper than those fancy developed properties. Inexpensive entry: Vacant land can be affordable to buy, and if you wait for it to appreciate, you can build equity. It helps to be in the know.

Land

Marco Santarelli

JANUARY 1, 2025

With 12,557 square feet, two terraces, and views from every direction, it's certainly not for the faint of heart (or anyone with a modest bank account). The purchase was an off-market deal by the building's developer, and it's being sold as a white box ready for customizations.

Sales

Marco Santarelli

MARCH 24, 2025

This means they can use the equity from their existing property to buy their next house. Ultimately, addressing the housing affordability crisis will require a multi-faceted approach involving government, developers, and the financial sector. That's an all-time high! Why Does This Hurt Younger Generations More?

Mortgages

Marco Santarelli

JANUARY 20, 2025

Here's what fueled the fire: Excessive Housing Supply: There was a glut of homes on the market, often driven by speculative building projects and developers eager to cash in on the boom. Many homeowners also have much more equity in their homes, giving them more financial flexibility.

Marketing

Redfin

MARCH 4, 2025

Key takeaways A foreclosed home means the buyer can no longer make payments and the bank has taken the house. There are several types of foreclosure sales – auctions, bank-owned properties, government-owned properties, preforeclosures, and short sales. The bank or lender typically wont sell a home directly to you, the buyer.

Pre-approval

Toronto Realty Blog

JULY 21, 2025

When a condo owner purchases a house and needs the equity from the condo in order to close the purchase of the house, then, no , they’re not going to “keep the condo as an investment” in most cases. But what about the entry-level condo market? Is this any different? ” But we didn’t sell.

Marketing

Luxury Real Estate Blog

JUNE 12, 2025

The Bank of Canada monetary policies have kept interest rates relatively high compared to the ultra-low rates in previous years. A combination of high construction costs, labour shortages, and zoning restrictions have led to a slower rate of new home development. There are everal factors are influencing market conditions.

Investor

AAOA

MAY 22, 2025

But heres the truth, you absolutely can buy an apartment , and you dont need millions in the bank to make it happen. You need to lookthe potential to optimize operations, increase cash flow, and build equity through forced appreciation. The more deals you look at, the faster your instincts develop.

Due diligence

Redfin

JULY 30, 2025

This way, you’ll have a chance to build equity. The longer you own your home, the more equity you’ll build, leading to greater financial return when you decide to sell your home. >> Research the neighborhood by looking at schools, crime rates, amenities, and future development plans.

Pre-approval

Marco Santarelli

APRIL 27, 2025

Why Cash is King, Yesterday, Today, and Tomorrow Before we get specifically into 2025, let's chat about the timeless superpowers that come with buying property using your own money, no bank involved. You control your equity 100% from day one. Instant Equity & Wealth: Owning outright means you have 100% equity immediately.

Finance

Redfin

JULY 31, 2025

Department of Housing and Urban Development, or HUD, as well as employers, community organizations, and state and local governments. Home equity loan or HELOC A home equity loan , sometimes abbreviated as HEL or HELOAN, is a type of loan that uses the equity you have in your home as collateral.

Loans

Marco Santarelli

NOVEMBER 2, 2024

Are you tired of the small returns that your bank account savings or other investments provide? Let's answer these questions — Turnkey rental property investing is good for people who want to expand their funds and gear away from the norm of investing in equity or stocks.

Due diligence

Marco Santarelli

JUNE 15, 2025

As someone who's spent years kicking the tires on properties, crunching numbers, and watching markets shift, I've developed a real appreciation for places that offer solid value and growth potential without the sky-high entry costs of coastal cities. The population is growing consistently.

Investor

Marco Santarelli

JUNE 17, 2025

The combination of recent economic developments and the prevailing inflation concerns suggests that the rates affecting borrowers might remain stable or even potentially rise. However, as the economic landscape has stabilized, these cuts have not continued, leading banks to keep mortgage rates steady.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

More About Homeowner Associations (HOAs) When you purchase a condo, house, or townhouse that is part of a planned development such as leased land or a gated community, you are required to join that community’s homeowners’ association.

Mortgages

Rochester Real Estate

NOVEMBER 5, 2015

A few lenders developed a program called bank statement loans. This new loan program requires business owners to provide 12-24 months bank statements to be used as proof of income. For bank statement loans, some lenders will accept scores in the low to mid 500’s but that may also impact your rate and down payment.

Mortgages

Marco Santarelli

AUGUST 2, 2025

Tightened Credit Conditions: Banks become much more reluctant to lend money for mortgages, making it harder for people to buy homes. Overbuilding and Supply Imbalance: If developers build far more homes than the market actually needs, this can lead to an oversupply that weighs down prices, especially if demand falters.

Marketing

Housing Wire

MARCH 24, 2025

. “As refi gets ramped back up, and consumers are doing more cash out refis with what’s happening with the economy, with the amount of money that they’re sitting on in home equity I think we’re going to see some real savings materialized for the consumer.” Meanwhile, a coalition of U.S. Tim Scott (R-S.C.),

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