The Close

NOVEMBER 26, 2024

Lenders prefer to see fully stabilized properties when you’re looking for home equity loans or lines of credit. When considering multiple rental properties, prioritize positive cash flow over equity and appreciation since those can change significantly. Shop around, as some may have lower starting rates.

Finance

Calculated Risk Real Estate

MARCH 14, 2025

This entire housing cycle I’ve argued that we would NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble) for two key reasons: 1) mortgage lending has been solid, and 2) most homeowners have substantial equity in their homes. Nationwide, borrower equity increased by $281.9

Equity

Calculated Risk Real Estate

JUNE 4, 2025

We will NOT see a surge in foreclosures that would significantly impact house prices (as happened following the housing bubble) for two key reasons: 1) mortgage lending has been solid, and 2) most homeowners have substantial equity in their homes. But it is still important to track delinquencies and foreclosures. REOs are a lagging indicator.

Equity

The Close

NOVEMBER 25, 2024

Simply put, it’s a residential building with more than one unit designed to house multiple families. Unlike most banks, most hard money lenders understand that properties have more potential after repairs, so they’ll lend based on after-repair value (ARV)⁠. What Is Multifamily Property?

Purchase and sale agreement

The Close

DECEMBER 18, 2024

Baselane is a new banking platform built specifically for independent landlords. It offers free banking, free rent collection, and free bookkeeping and reporting tools from one simple-to-use platform. If you want to own physical properties, residential properties are the best entry-level real estate investment. Visit Baselane 6.

Commercial

The Close

MAY 14, 2025

Activity by private equity players in the residential market, however, also explains the rent surge, as 61% of the renters in the area pay $30 or more of their income in rent and utilities, as reported by The Private Equity Stakeholder Project (PESP).

Investor

The Close

NOVEMBER 12, 2024

Inexpensive entry: Vacant land can be affordable to buy, and if you wait for it to appreciate, you can build equity. If you’re looking to sell individual residential lots or create a subdivision, you’ll want to find land in a residential area that’s properly zoned (we’ll talk about zoning soon).

Land

AAOA

JUNE 9, 2025

Audit Your Finances Spend a weekend gathering bank statements, credit scores, and tax returns. Pick Your Lane: Residential or Commercial 2–4 units (residential) → House‑hack with 3.5 %‑down FHA loans and 30‑year fixed rates. Improve operations, force appreciation, and refinance equity out.

FHA loan

AAOA

MARCH 24, 2025

A multifamily unit refers to any property with more than one residential unit. The appreciation that the property witnesses over time can help leverage your equity to invest in other properties. Be prepared to provide documentation like bank statements and federal tax returns to verify your income sources.

Property Management

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

Housing Wire

MARCH 14, 2025

an investment banking firm specializing in the sector; and Michael Rubin, president of Shaddock National Holdings for their takes on the current climate. Fidelity National Financial acquired North Carolina-based Metro Title , which had provided commercial and residential services in that area for almost two decades.

Title

Housing Wire

MAY 2, 2025

Following the regional banking turmoil in 2023, when institutions like First Republic , Signature Bank and Silicon Valley Bank collapsed, depository lenders began pulling back from holding mortgages on their balance sheets. But there’s over a trillion dollars of seasoned jumbo mortgages on bank balance sheets.

Banks

Housing Wire

JANUARY 20, 2025

Proposed Basel Capital Endgame Proposed in July 2023, the Basel Capital Endgame saw unprecedented pushback both from the banking industry and senior Republican policymakers given the proposed 19% jump in required capital at the biggest banks. From a CRE perspective, it was more of a bit of a mixed bag.

Finance

Housing Wire

FEBRUARY 5, 2025

However, with low inventory and high interest rates in recent years, many more house hunters are looking for a lower-priced property that they can improve with some love and sweat equity. Conversions from office space to residential apartments in major metros are one alternative use case being explored.

Commercial

Housing Wire

MAY 9, 2025

Mortgage fraud has been a key focus of Pulte a private equity professional, philanthropist and grandson of the late homebuilding icon William Pulte who has discussed the topic extensively on social media and interviews. The Guardian and the Albany Times Union also reported on the matter.

Mortgages

Housing Wire

FEBRUARY 25, 2025

His confirmation hearing in front of the Senate banking committee is scheduled for Thursday. If confirmed as FHFA director, he pledged to resign from 20 positions, including 17 involving entities in which he holds equity. the minority leader of the Senate banking committee, issued her questions on Monday.

Principal

Housing Wire

NOVEMBER 25, 2024

In June, the Consumer Financial Protection Bureau (CFPB) issued a request for “information regarding fees imposed in residential mortgage transactions,” framing the call for comments as an investigation into “junk fees,” or those collected by AMCs. Bye Bye, PAVE task force ? It also permits state-licensed appraisers to work across all states.

Industrial

Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. The current stress in the CRE and C&I loan markets further highlights the advantages of residential mortgages.

Residential

Housing Wire

FEBRUARY 6, 2024

Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. banks said they saw weaker demand for all types of residential real estate loans except for government (46.2%) and subprime mortgage loans (41.6%).

Residential

Housing Wire

NOVEMBER 7, 2023

Banks have tightened lending standards for most categories of residential real estate (RRE) loans and home equity lines of credit (HELOC) over the third quarter of 2023. Government residential mortgage was an exception, where standards remained basically unchanged. branches and agencies of foreign banks.

Lending

Housing Wire

FEBRUARY 3, 2022

Amid higher rates, lower volumes, and fiercer competition , Santander Bank decided it will stop originating residential mortgages and home equity loans in the United States. The Spanish bank said it will continue to service current loans and honor pending borrowers’ applications. regulators.

Banks

Housing Wire

MARCH 8, 2024

In remarks made Thursday to the Senate Banking Committee this week, Federal Reserve Chair Jerome Powell said he expects some U.S. banks to fail in the coming months because of declining values and defaults in their commercial real estate loan portfolios. There will be bank failures, but not the big banks.”

Banks

Housing Wire

JANUARY 9, 2024

Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. Market indicators so far appear tentatively promising. from $490 billion in the second quarter.

Equity

Housing Wire

AUGUST 25, 2022

Mortgage tech firm Blend launched a software solution for home equity products amid a mad dash from lenders into the space. Lenders using Blend’s home equity product can offer personalized home equity loans and then close in a few days as opposed to multiple weeks it takes through legacy home equity processes, according to the firm.

Equity

Housing Wire

MARCH 6, 2024

Department of Treasury Secretary Steven Mnuchin’s private equity firm, Liberty Strategic Capital , will inject $1 billion in equity investment in struggling New York Community Bancorp (NYCB), one of the nation’s largest residential mortgage servicers. A group of investors led by the former U.S.

Equity

Housing Wire

JULY 16, 2024

Mortgage production increased at Bank of America (BofA) in the second quarter of 2024 compared to the previous three months, but the bank’s home loan volumes were still lower than those delivered in the same period last year. BofA’s loan production in the home equity arena also increased on a quarterly basis.

Banks

Housing Wire

JANUARY 31, 2023

First Internet Bank is shutting down its consumer mortgage business due to a steep decline in mortgage volumes and the negative outlook for mortgage lending that is forecasted to continue for the next several years. The residential mortgage loan balance for First Internet was $383.9 The home equity loans balance was $24.7

Banks

Housing Wire

NOVEMBER 16, 2021

Rising home prices continue to fuel the growth of the nation’s multi-trillion dollar home-equity market, a fact not lost on behemoth investment-management firm PIMCO. Learn about the tools lenders should leverage to streamline home equity title and closing. The loans are serviced by Rushmore Loan Management Services.”. for 2021-HE2.

Equity

Housing Wire

OCTOBER 17, 2022

Bank of America delivered increases in revenues and net income in the third quarter of 2022, showing that some of its business lines were not walloped by high levels of inflation and economic contraction. Overall, the bank recorded $7.1 billion in home equity loans. Bank originated $15.6 billion from $2.5

Banks

Housing Wire

SEPTEMBER 22, 2022

New York-based Unlock Technologies , a fintech operating in the shared-equity market, and real estate investment firm Saluda Grade , have closed a $180 million private-label securitization (PLS) backed entirely by Unlock-originated residential home-equity agreements (HEAs). 21, according to Mortgage News Daily.

Equity

Housing Wire

MARCH 20, 2024

Ally Home , the residential mortgage lending arm of Ally Bank , is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday. The upfront lump sum can be applied toward a down payment, closing costs or other expenses related to the homebuying process.

Banks

Housing Wire

JANUARY 24, 2024

New Jersey-based TD Bank has decided to invest $10 billion in affordable homeownership initiatives by 2027, including providing loans and liquidity to the residential lending market. In the mortgage space, TD Bank was a top-35 U.S. The bank has presence in 15 states and Washington, D.C. The bank’s plan also includes $2.8

Banks

Housing Wire

JULY 18, 2022

Depositary lender Bank of America ‘s top executives said Monday their customers haven’t slowed down their activities, despite a fear of a recession in the U.S. Bank of America posted a $2.88 billion profit in its consumer banking division in the second quarter, down from a $2.97 Bank of America posted a $2.88

Banks

Housing Wire

AUGUST 1, 2022

Rocket Mortgage , the nation’s largest lender, is expanding its product portfolio to home equity loans amid a significant slowdown in mortgage origination volume. Rocket is targeting American homeowners with high household debt and credit card balances but strong home equity positions. . ” U.S. ” U.S. ” U.S.

Equity

Housing Wire

APRIL 18, 2023

Higher interest rates pushed up profits for Bank of America (BofA) in the first quarter of 2023, but much like its depository peers, JP Morgan Chase and Wells Fargo , the mortgage business dropped by double-digits during this period. The bank posted a net income of $8.2 Consumer banking division posted a net income of $3.1

Banks

Housing Wire

AUGUST 23, 2023

based Regions Bank $2.95 The Board fined Regions “for its failure to effectively monitor a portfolio of home equity loans for compliance with flood insurance regulations due to changes in loan servicing platforms and third-party service providers,” noting that the bank had a pattern of individual violations of flood insurance regulations.

Banks

Housing Wire

DECEMBER 12, 2022

I , a blank check company affiliated with fintech Figure Technologies , plans to merge with a warehouse lender and bank holding company to potentially bring blockchain technology to the financial institution.

Banks