Housing Wire

MARCH 22, 2023

The Federal Reserve (Fed) has decided to forge ahead in its fight against inflation, despite several bank closures that have caused turbulence in the financial markets. banking system is sound and resilient. Powell, however, said the weaknesses at SVB are not broadly present in the banking system. “The U.S.

Banks 356

Banks Lending Mortgages Commercial 356

Housing Wire

NOVEMBER 2, 2020

As the pandemic shifts from crisis to chronic, investors, community leaders and housing advocates say they intend to make the most of the chance to permanently elevate the case for affordable housing even as economic metrics are starting to shift.

Investor 390

Investor Banks Finance Development 390

Housing Wire

SEPTEMBER 7, 2022

a developer of luxury single-family homes and condominiums, which also has residential leasing operations in Dallas, is looking to raise up to $30 million via the U.S. bank and available to U.S. investors for purchase. Tokyo-based Lead Real Estate Co. stock market. ADS are shares of non-U.S. companies held by a U.S.

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Development Land Residential Construction 302

Housing Wire

JULY 21, 2021

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My Identifying Underserved Neighborhoods. Markets with Most Qualifying Inventory.

Investor 455

Investor Development Renovation Sales 455

Housing Wire

JANUARY 16, 2024

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors.

Loans 399

Loans Investor Banks Finance 399

Housing Wire

FEBRUARY 24, 2022

executives were positive about the Denver-based franchisor’s performance during the firm’s fourth quarter earnings call with investors on Thursday, thanks to RE/MAX’s organic revenue growth. For the third quarter in a row we generated mid-single digit organic revenue,” RE/MAX CFO Karri Callahan said during a call with investors. “We

Banks 291

Banks Brokerage Investor Agents 291

Housing Wire

MARCH 20, 2024

Figure Technology Solutions will focus on developing and distributing its proprietary, technology-enabled platform to partners and investors in the home equity lending ecosystem, the fintech firm announced earlier this week. JP Morgan Chase & Co. and Jefferies Financial Group Inc. — to take its lending division, LendCo , public.

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Lending Equity Technology Banks 330

Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? They can be, in essence, the “boots on the ground” for investors and developers alike. Market conditions have certainly trended downward for residential or commercial real estate.

Commercial 347

Commercial Brokerage Due diligence Title 347

Housing Wire

APRIL 8, 2021

When concern about the economy is high, investors gravitate toward safe-haven investments like Treasury bonds and mortgage bonds, pushing bond prices higher but the yields on those bonds lower.”. For those in the mortgage banking industry, market corrections are part of the business. Low rates are often the sign of a poor economy.

Lending 411

Lending Development Mortgages As-is 411

Housing Wire

MARCH 1, 2022

executives were positive about the Denver-based franchisor’s performance during the firm’s fourth quarter earnings call with investors on Thursday, thanks to RE/MAX’s organic revenue growth. For the third quarter in a row we generated mid-single digit organic revenue,” RE/MAX CFO Karri Callahan said during a call with investors. “We

Banks 195

Banks Brokerage Investor Agents 195

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology 399

Technology Development Title Lending 399

Housing Wire

NOVEMBER 2, 2023

HousingWire: How did the non-QM sector fare this year among rate increases, slow purchase volumes and the difficulties in the banking sector? Non-QM borrowers such as those who are self-employed and real estate investors are generally less rate sensitive. In fact, a growing focus is the real estate investor population.

Banks 359

Banks Investor Lending Loans 359

Housing Wire

SEPTEMBER 11, 2023

Prior to this new position, she served as the chief investor and industry relations officer of Home Point Financial Corporation. Meanwhile, Greenberg was promoted to senior vice president of finance where he will oversee investor relations, financial planning, analysis, data analytics and treasury.

Investor 310

Investor Finance Banks Industrial 310

Housing Wire

APRIL 13, 2023

The wholesale channel has the ability to offer borrowers a variety of choices, with access to many different bank and lending programs. As a CDFI (Community Development Financial Institution) — a designation given by the U.S. For brokers, Change Wholesale offers marketing support to help promote their business and reach new clients.

Lending 330

Lending Marketing Banks Investor 330

Housing Wire

JANUARY 19, 2023

After being sold to frequent bank investor Gaylon Lawrence in January 2019, the business name changed to Guaranty Home Mortgage Corporation. The lender offers a variety of mortgage products, including conventional, FHA, VA, jumbo, rural development loans.

Mortgages 331

Mortgages Loan Officer Lending Banks 331

Housing Wire

MARCH 23, 2022

Minneapolis-based CarVal Investors , a global alternative investment manager and long-time player in the mortgage market, has launched a real estate mortgage investment conduit, or REMIC, that plans to work with loan originators around the country to develop and acquire innovative nonagency mortgage products.

Banks 336

Banks Bankruptcy Loans Investor 336

Housing Wire

OCTOBER 5, 2023

“This is a watershed moment for many different reasons as now these [HEAs] can start to become more of a mainstream asset class that a significant number of investors will want to participate in. Unlike banks and credit unions, nonbanks can’t hold these [home equity] loans on their balance sheets. …

Equity 360

Equity Purchase and sale agreement Marketing Lending 360

Housing Wire

MARCH 29, 2023

And, following investors’ rush into bonds after the recent bank failures earlier this month, yields moved even lower last week — and mortgage rates followed. Census Bureau and the Department of Housing and Urban Development ( HUD ). Mortgage applications increased 2.9% February’s new home sales showed an uptick of 1.1%

Mortgages 383

Mortgages Pre-approval Banks Loan Officer 383

Housing Wire

MARCH 2, 2023

We are doing a lot of research and development in it and artificial intelligence,” Slyusarchuk said. “We While investor bonds were scarce, A&D securitized its loans and sold the bonds, leading to seven securitization deals in 2022. The lender securitized four deals in 2021. We’re picking up some of the guys from conforming loans.”

Mortgages 378

Mortgages Investor Loans Banks 378

Housing Wire

SEPTEMBER 14, 2023

Real estate investment trust Redwood was founded in the early 1990s as the need for more private investors in the mortgage market grew. “We would partner with banks to buy their loans and securitize them so the banks could recycle their capital.” ” Another opportunity is in the home equity space. .”

Equity 298

Equity Banks Investor Residential 298

Housing Wire

JANUARY 25, 2024

California-headquartered LoanSnap was hit with a temporary order to cease and desist from Connecticut’s Department of Banking for “systemic” unlicensed mortgage loan origination activity. Connecticut Banking Commissioner Jorge Perez alleged that LoanSnap violated the Truth in Lending Act (TILA) and Fair Credit Reporting Act (FCRA).

Loan Officer 314

Loan Officer Loans Banks Title 314

Housing Wire

JANUARY 18, 2024

This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability. According to projections from central bank officials, rates would be slashed to a median 4.6% The Fed next meets on Jan.

Fixed-rate mortgage 526

Fixed-rate mortgage Mortgages New Construction Construction 526

Housing Wire

AUGUST 9, 2023

Large banks have historically been the rulers of the jumbo market. This is because surging mortgage rates , upcoming regulatory changes and regional bank collapses have forced large depositories to pull back. billion), Bank of America ($20.4 PNC Bank ($7.9 billion) and MUFG Union Bank ($5.8 billion), U.S.

Banks 291

Banks Marketing Loans Mortgages 291

Housing Wire

FEBRUARY 12, 2024

A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S.

Lending 311

Lending New Construction Construction Finance 311

Housing Wire

DECEMBER 6, 2022

million in its seed round to build a mortgage-as-a-service platform for fintechs, banks and retail banks. Conversion Capital led the funding with participation from Fifth Wall , Peter Thiel , QED Investors , Montage Ventures , and Village Global as well as Ramp , Blend , Zillow , SoFi and Figure , the company announced.

Pre-approval 283

Pre-approval Mortgages Banks Loans 283

Housing Wire

JULY 23, 2021

3-month bank statement. For example, look at Acra’s 3-month bank statement loan program, said Keith Lind, executive chairman and president of Acra. The 3-month bank statement program is ideal for borrowers with nontraditional income streams. Jumbo products. Fix’n’flip. Fix’n’flip.

Marketing 423

Marketing Banks Lending Loans 423

Housing Wire

OCTOBER 11, 2022

Moon Mortgage’s CryptoMortgages will allow investors to take out loans against their digital assets. The product also takes the investors’ digital assets as collateral and gives 100% financing for investment properties. Apart from Moon Mortgage, a few other crypto-based companies have also recently had funding rounds.

Mortgages 339

Mortgages Lending Investor Banks 339

Housing Wire

DECEMBER 15, 2021

Other investors included Golden Tree Asset Management , Raptor Group , and FJ Labs. Another 11 existing venture investors, such as White Star Capital and Kingsway Capital , followed on in the round. Regarding the mortgage industry, the acceptance of cryptocurrencies by investors lags the development of new products.

Mortgages 409

Mortgages Lending Banks Investor 409

Housing Wire

SEPTEMBER 2, 2022

In addition, the ETF invests in MBS backed by loan pools sourced from non-traditional loan originators, including Community Development Financial Institutions and minority-owned banks. Among Impact Shares’ partners are the NAACP, the YWCA , the United Nations Capital Development Fund and more, according to Owens.

Closing 389

Closing Marketing Investor Banks 389

Marco Santarelli

DECEMBER 24, 2023

Successful real estate investors aren’t made overnight. It’s not easy to succeed in real estate investing, but there are some tips to become a successful real estate investor. Getting lucky on one investment does not amount to becoming a successful real estate investor. The same is valid for real estate investing.

Investor 85

Investor Finance Equity Land 85

Housing Wire

MAY 3, 2023

The hike completes the fastest series of rate increases since the 1980s, as the central bank works to cool the economy and greatly reduce the pace of inflation, which also reached highs not seen in decades. For months, the central bank said it needed to make additional changes before it took its foot off the gas. “The U.S.

Banks 361

Banks Fixed-rate mortgage Loan Officer Mortgages 361

Housing Wire

OCTOBER 11, 2023

A number of players in the industry benefit from the risk data, including real estate investors who need additional insights to make informed decisions. This may give investors pause as to whether a particular real estate investment is a sound one. If adopted, the rule might have a ripple effect on housing agencies such as the U.S.

Principal 383

Principal Loans Investor Industrial 383

Housing Wire

JANUARY 23, 2024

District Court for the Northern District of Texas between warehouse lender Texas Capital Bank (TCB) and Ginnie Mae is progressing with new, pretrial deadlines that have been set by a magistrate judge, according to court documents reviewed by RMD. In TCB’s initial complaint, the bank mentions appointed and U.S.

Bankruptcy 330

Bankruptcy Banks Loans Equity 330

Housing Wire

JUNE 14, 2023

The Federal Open Markets Committee (FOMC) has decided to pause its rate hikes in June after data that pointed to cooling inflation and the need to assess how much banks have slowed down their lending due to the recent tumult in the sector. However, 60% of these investors bet officials will impose a rate hike at the July 26 meeting.

Banks 358

Banks Fixed-rate mortgage Mortgages Investor 358

Housing Wire

JUNE 27, 2023

The list includes potential irregularities regarding the Community Development Financial Institutions ( CDFI ) regulations, specifically a rule requiring lenders to provide annual documentation attesting that 60% of their loans go to the target markets certified by the U.S.

Loans 291

Loans Investor Banks Lending 291

Housing Wire

APRIL 13, 2022

Bank Home Mortgage. Bank Home Mortgage is the 10th-largest lender in the U.S. According to Wind, despite recent developments in mortgage technology, there is still quite a bit of work to be done. I like to think of it as ultimately the investor is the finance company,” Woodring said. The Minnesota-based U.S.

Mortgages 349

Mortgages Banks Technology Finance 349

Marco Santarelli

MARCH 14, 2023

The Impact of Bank Failures on the Housing Market The year 2023 has been marked by a series of bank failures, leaving many to wonder what the impact of these failures will be on the housing market and the wider economy. Bank failures have been a common occurrence throughout history, often causing ripples throughout the economy.

Banks 98

Banks Lending Finance Commercial 98