Housing Wire

JANUARY 8, 2025

The platform’s new offerings include loans underwritten by bank statements and CPA-prepared profit-and-loss statements, as well as debt-service-coverage ratio (DSCR) loans for real estate investors that complement CoreVest s direct lending capabilities.

Equity 409

Equity Loans Lending Branding 409

Housing Wire

JANUARY 28, 2025

Ruimy noted that the BPL sector accounts for a significant portion of residential mortgage originations, with large investors increasingly turning to BPL lenders like Dunmor. I think [about] five years ago, banks were still extremely active in the sector. Would you say that the majority of these are smaller investors?

Residential 350

Residential Lending Finance Banks 350

Housing Wire

JUNE 9, 2025

According to the Federal Reserve Bank of New York, credit card delinquency (60+ days past due) reached 3.5% Additionally, new homes comprising 30% of inventory in 2024 – double the pre-2020 average – may create oversupply risks if investors retreat, potentially flooding markets and depressing prices 5. in 2024 – up from 2.8%

Marketing 437

Marketing Debt-to-income ratio Fixed-rate mortgage Loans 437

Housing Wire

NOVEMBER 7, 2023

In September, the nation’s banking regulators released a proposal to increase the capital required of banks with more than $100 billion in assets. The effort was intended to decrease systemic risk, but by focusing narrowly on the risk posed by banks, it would likely increase risk in the mortgage market.

Banks 450

Banks Mortgages Marketing Lending 450

Housing Wire

OCTOBER 18, 2024

“We have an investor who won’t do any deals in Florida or near major bodies of water.” This could result in the local community banks and credit unions providing the financing, likely with maximum loan-to-value ratios of 80% or less.” “I’m not surprised. Condos are hard.

Mortgages 520

Mortgages Marketing Lending Finance 520

Housing Wire

NOVEMBER 22, 2023

Mike Cagney’s financial technology firm Figure Technologies has taken another step to go public with its lending division, LendCo , hiring investment banks to coordinate the initial public offering (IPO), per a Bloomberg report. Figure and the banks declined to comment. JP Morgan Chase & Co. and Jefferies Financial Group Inc.

Lending 430

Lending Banks Equity Technology 430

Housing Wire

JUNE 12, 2025

The “Open Road” product series includes seven mortgage offerings tailored to self-employed individuals, real estate investors and international homebuyers. Bank Statement (Overland): Uses 12–24 months of bank statements in place of tax returns to verify income. million at 70% LTV. million at 70% LTV.

Finance 271

Finance Lending Investor Loans 271

Housing Wire

OCTOBER 24, 2024

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I Often, the best available option for staying in the home is through a loan modification or some other type of repayment plan with the bank.

Bankruptcy 421

Bankruptcy Equity Hard money loan Finance 421

Housing Wire

MAY 29, 2025

Meanwhile, UBS sold Select Portfolio Servicing to a group of investors led by Sixth Street. Another factor contributing to this trend is the growing group of Wall Street MSR investors, who are more price-sensitive and put presssure on subservicing fees. He does not know who the bids are going to be.

Mortgages 352

Mortgages Loans Banks Industrial 352

Housing Wire

OCTOBER 24, 2024

Investors in the Universal Title affiliated operation did so at rates at or above market. Department of Insurance, Securities and Banking (DISB).” Universal’s business plan violated core free market principles — limiting customers’ choices and putting law-abiding competitors at a disadvantage.”

Title 431

Title Investor Agents Banks 431

Housing Wire

SEPTEMBER 15, 2023

government is seeking to sell $13 billion worth of mortgage bonds amassed after the failures of both Silicon Valley Bank (SVB) and Signature Bank earlier this year. BlackRock Financial Market Advisory had preliminary conversations with investors about the bonds, the report said, citing unnamed sources.

Banks 421

Banks Mortgages Loans Investor 421

Housing Wire

JANUARY 3, 2025

As a result, modular construction has become the most effective solution for addressing developers needs for sustainability and business integrity, while avoiding costly premiums that decelerate value for housing investors and buyers within todays tight lending market.

Development 409

Development Construction Finance Investor 409

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 410

Banks Lending Mortgages Commercial 410

Housing Wire

NOVEMBER 1, 2024

Investors, meanwhile, are leveraging the option to expand their property portfolios. Deephaven believes it’s ahead of competitors on this offering because it offers full-documentation and bank-statement options. We have a wide, diversified investor set, and there’s a ton of appetite from investors for those products.

Equity 380

Equity Debt-to-income ratio Mortgages Investor 380

Marco Santarelli

OCTOBER 13, 2024

Finding the 10 best real estate markets for investors is the first step to making that dream a reality. This guide dives deep into ten markets currently showing impressive growth potential for investors, but remember: real estate investment involves risk. High demand translates to higher rental yields, a key factor for investors.

Investor 122

Investor Marketing Due diligence Finance 122

Housing Wire

JANUARY 22, 2025

Auction.com has long been a leading platform for bank-owned (REO) and foreclosure sales to real estate investors and others seeking a discount. For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity.

Proof of funds 370

Proof of funds Equity Technology Banks 370

Housing Wire

DECEMBER 3, 2024

Visentini recently served as the investment bank’s head of firm strategy for execution and innovation. The graduate of Boston College then moved to Morgan Stanley, where he held multiple managing director roles in several departments — including investment banking, capital and firm strategy.

Banks 370

Banks Commercial Residential Construction 370

Housing Wire

SEPTEMBER 26, 2023

On Tuesday, executives from the San Francisco, California-headquartered mortgage tech firm, which has yet to post a profit since going public in July 2021, shared the firm’s vision for growth during its first investor day. “[Our goal is ] Having a unified platform that can serve all the products that a bank can offer.

Banks 421

Banks Mortgages Loans Investor 421

Housing Wire

MARCH 14, 2024

Nonbank mortgage originator Change Lending will become a member of the Federal Home Loan Bank of San Francisco (FHLB-SF). Change Lending’s services include small-business loans and lines of credit, investor real estate loans, rehab loans and renovation loans, according to its website.

Lending 420

Lending Banks Loans Renovation 420

Housing Wire

JUNE 8, 2025

If you look at the Rocket investor deck on the Redfin acquisition , they want to take $40,000 in costs for consumers and cut that to $20,000,” Dwiggins said. You can’t take growth and cash it in at the bank if there is no profit there,” the president of Local Realty said. “I

Brokerage 420

Brokerage Technology Agents Banks 420

Housing Wire

FEBRUARY 6, 2025

Key non-QM products for 2025 Before 2025 continues, lenders should arm themselves with the right tools for tackling the market: Investor loans Investing is the vehicle to success for homeowners in the market. million, so its primed and ready to meet the needs of most property investors. How are real estate investors responding?

Loans 301

Loans Mortgages Equity Construction 301

Housing Wire

APRIL 24, 2025

Jani, who joined Real in September 2023 as vice president of investor relations and financial planning and analysis, steps into the role as the company experiences significant growth. Before joining Real, Jani held leadership roles in investor relations at Blade Air Mobility Inc. ,

Brokerage 296

Brokerage Investor Banks Finance 296

Housing Wire

MARCH 6, 2025

That would not be for the out-of-town investor, said Richards, who purchased the properties via Auction.com s new SmartSale program. The company sometimes takes ownership of properties when investors default on their loans We had 15 single-family (homes) in Montgomery, Alabama I dont imagine how the hell I would have sold (them) on my own.

Renovation 352

Renovation Investor Property Management Development 352

Housing Wire

OCTOBER 23, 2024

Despite eliminating MI, the company has set credit scores and DTI limits that its investor partners are comfortable with to balance risk while expanding the product’s appeal. Whether UWM plans to hold these loans in its portfolio or sell them to private investors remains unclear.

Equity 421

Equity Loans Mortgages Loan Officer 421

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending 245

Lending Equity Banks Construction 245

Housing Wire

FEBRUARY 4, 2025

. “Given earlier commentary from RITM management about potentially listing its mortgage bank, NewRez, there could be some questions about whether this vehicle could be a potential way to take NewRez public ,” Bose George, an analyst at Keefe Bruyette Woods , said a note to investors. ”

Commercial 357

Commercial Residential Loans Banks 357

Housing Wire

MAY 15, 2025

According to Note Investor , there were 89,890 real estate transactions completed in 2024 using seller financing up slightly from 2023. Seller financing spans residential, commercial and land transactions, with residential making up 63% of all deals over the past three years, Note Investor reported. These sales represented $30.3

Finance 370

Finance Lending Bankruptcy Residential 370

Housing Wire

APRIL 17, 2025

The senior preferred position in these companies has been economically repaid, delivering an internal rate of return of 11.6%, Ackman said during a webinar hosted by investment bank Keefe, Bruyette & Woods (KBW) earlier this week. Effectively, there will be an explicit government backstop of hundreds of billions on top of the 2.5%

Pre-approval 532

Pre-approval Mortgages Equity Banks 532

Inman

APRIL 2, 2025

Shares in cloud banking solutions provider hit new all-time low after company posts guidance that revenue from the company's main line of business could shrink by as much as 7 percent this year.

Investor 154

Investor Banks Lending Equity 154

Housing Wire

FEBRUARY 10, 2025

Cardinal Financial is also offering real estate investor financing with its Foreign Debt Service Coverage Ratio ( DSCR ) and Investor Solutions DSCR products. The former offers financing to international investors, while the latter offers investment financing based on the potential cash flow of the subject property.

Loans 301

Loans Finance Investor Mortgages 301

Housing Wire

APRIL 22, 2025

The economy is now driven by entrepreneurs, investors, high-income earners, and young adults who thrive in the gig economy. Another could be a real estate investor with incoming rental revenue from properties across the country. These borrowers are driving a demand for alternative mortgage products.

Lending 252

Lending Loans Investor Design 252

Housing Wire

MAY 19, 2025

John Williams, the president of the Federal Reserve Bank of New York , acknowledged a deterioration in business and consumer sentiment due to uncertainty tied to trade and fiscal policies although this has not yet shown up in the hard data. As a result, he expects the U.S. economy to slow this year. He emphasized that the U.S.

Investor 221

Investor Mortgages Construction Banks 221

Housing Wire

MAY 21, 2024

This increased demand is resulting in tighter credit spreads for private label, non-QM RMBS securitizations; increased prices for a broad range of mortgage loans including seconds, home equity agreements, bridge loans, and alternative documentation loans; and strategic transactions between investors and originators.

Residential 466

Residential Equity Mortgages Purchase and sale agreement 466

Housing Wire

MAY 12, 2025

Homeowners are cashing out to renovate as mentioned, but real estate investors are purchasing older homes to rehab and sell or rent out. Real estate investors can obtain a DSCR second mortgage for cash out to purchase and/or renovate new or existing properties. Homes across the U.S There are 19 million investment properties in the U.S

Loans 291

Loans Investor Renovation Equity 291

Housing Wire

MARCH 14, 2025

Some recent media reports have indicated that larger banks longtime opponents of the CFPB in courtrooms and regulatory disputes may not actually want the bureau to be dismantled. They were very worried when the CFPB started looking under the hood on how they were getting into payments, banking and lending, he explained.

Banks 270

Banks Lending Mortgages Investor 270

Housing Wire

MAY 19, 2025

In real terms, the crux of the problem isnt so much inefficiencies as it is transparency into the extent of the problem in investor accounting, what you dont know can hurt you. For instance, investor accounting represents about 40% of GSE scorecard metrics but only about 2% of a servicers cost structure.

Mortgages 215

Mortgages Investor Loans Banks 215

Housing Wire

JUNE 9, 2025

Florida-based Gradient Mortgage Capital , a wholesale mortgage banking platform, launched Monday with the intent to serve mortgage bankers and brokers across the country with debt-service-coverage ratio ( DSCR ) and small-balance commercial real estate loans. ”

Mortgages 247

Mortgages Commercial Lending Loans 247