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Proprietary Capital completes acquisition of AFR, hires new COO

Housing Wire

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. It also has a niche in construction and manufactured home loan programs. The financials of the deal were not disclosed.

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Flagstar Bank offers brokers direct access to seasoned specialty lending experts and powerful tech solutions

Housing Wire

In response, many brokers are relying on extra support, and Flagstar Bank offers exactly that. The post Flagstar Bank offers brokers direct access to seasoned specialty lending experts and powerful tech solutions appeared first on HousingWire. We’re well-capitalized and committed to mortgage, particularly the broker channel.

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These markets are attracting the most out-of-state real estate investors

Housing Wire

Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. Those markets I’m able to put a little bit less money in but also make a comfortable amount of return,” said Bijan Green, a Denver-based real estate investor. “A

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Benefits of Investing in New Construction Real Estate

Norada Real Estate

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. In short, they are considered brand new.

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The non-QM outlook for 2022

Housing Wire

The amount of equity in these loans, the underwriting, the guardrails around ATR have proven that this is a real, sustainable product that investors like.”. Purchase mortgage originations in total are expected to grow 9% to a new record of $1.73 Investor-related loans are also seeing an increase, Lind said. Refinance decline.

Lending 386
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5 Things to Know About Real Estate Market Cycles

Realty Biz

For home buyers and investors, understanding the four main real estate market cycles — and the nuanced nature of the housing market — is the key to choosing smart strategies that can adapt to the market’s ups and downs. Expansion The expansion phase is a period of growth and increased consumer optimism as the general economy improves.

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What Will the Real Estate Market Bring in 2024? Market Corrections or Rising Property Prices?

Realty Biz

Bank Rates report the same declining trend in home prices. Looking at Bank Rates, we notice different median home prices, yet the tendency remains the same. Still, the market and prices can cool off, giving buyers and investors more breathing room. At the same time, new constructions struggle to keep up with the market.