Housing Wire

FEBRUARY 14, 2024

The rapid collapse of four regional banks that began last March shocked regulators and investors alike. The banks had courted high-net-worth clients working in speculative tech and crypto startups in Silicon Valley, while also tying up a large portion of the banks’ assets in Treasury securities. By the end of Feb.

Banks 451

Banks Mortgages Commercial Residential 451

Housing Wire

MAY 29, 2025

Indeed, the total residential subservicing market declined to $3.96 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.

Mortgages 416

Mortgages Loans Banks Industrial 416

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 417

Development Construction Finance Investor 417

Housing Wire

FEBRUARY 4, 2025

In June 2024, it completed the $70 million acquisition of Great Ajax , transitioning the business from a legacy residential loan platform to a vehicle focused on commercial real estate. It has made a slew of acquisitions in the credit and mortgage servicing sectors over the past two years. ”

Commercial 373

Commercial Residential Loans Banks 373

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. on its own.

Finance 370

Finance Lending Bankruptcy Residential 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

JUNE 18, 2025

The latest issuance consists of 1,039 residential mortgages, with an average credit score of 750 and a loan-to-value ratio of 70. It joined BMO Capital Markets , Deutsche Bank Securities , Goldman Sachs , Morgan Stanley , Nomura and Wells Fargo as bookrunners. In total, the company has issued 23 deals with $7.7

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Closing Principal Residential Loans 280

Housing Wire

MARCH 22, 2023

The current bank crisis hit California-based Pacific Western Bank , a community bank owned by PacWest Bancorp that has a focus on real estate and commercial loans. billion from the Federal Home Loan Banks , $10.5 billion in Bank Term Funding Program borrowings. Pacific Western Bank reported $11.4

Banks 403

Banks Commercial Loans Investor 403

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. United Wholesale Mortgage went public in January 2021 after merging with Gores Holdings IV.

Banks 417

Banks Mortgages Due diligence Technology 417

Housing Wire

NOVEMBER 25, 2024

A mortgage servicer collects payments from an asset and repays the investor. Freedom Mortgage is the best example of a mortgage bank/servicer that’s executed its recapture strategy better than any other servicer. HELOC and Non-QM models for Residential Mortgage Investors and Issuers are also on the table.

Loans 369

Loans Residential Commercial Investor 369

Housing Wire

JULY 13, 2022

Millennial and Gen Z investors have been voting with their wallets, demanding that ESG-like items are incorporated into investment decisions. What does ESG’s growth and current ubiquity mean for residential MBS markets? The E, S and G components are all very different, and at times unwieldy.

Residential 387

Residential Mortgages Investor Development 387

Housing Wire

FEBRUARY 9, 2023

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. The last day for fundings is April 28, the regional bank said in an e-mailed response.

Lending 388

Lending Banks Finance Loans 388

Housing Wire

NOVEMBER 16, 2021

PIMCO, founded in 1971, has a long history of aggregating residential mortgage loans as well as managing assets for corporations, sovereign wealth funds, pension funds and other investors. And if we can better bank those investors and consumers, it could be just a massive addressable market for the company.”.

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Equity Investor Marketing Title 416

Housing Wire

MARCH 27, 2023

Fannie Mae has projected that the recent bank failures may act as the catalyst that tips an already precarious economy into a recession — primarily due to the combination of tighter lending standards by small- and mid-sized regional banks.

Banks 388

Banks Lending Fixed-rate mortgage Construction 388

Housing Wire

MARCH 15, 2023

The Silicon Valley Bank and Signature Bank failures that occurred over the last week have caused even more uncertainty within the mortgage industry. Meanwhile, mortgage lenders are still trying to calm down their investors and business partners. . retail residential mortgage applications.

Banks 370

Banks Mortgages Fixed-rate mortgage Loans 370

Housing Wire

FEBRUARY 5, 2021

Invictus Capital Partners , an alternative investment management firm, appointed Doug Kinney as senior managing director, head of investor relations. Kinney most recently served as managing partner and co-head of the capital raising and investor relations team at BentallGreenOak , and brings more than 25 years of experience to his new role.

Banks 339

Banks Mortgages Lending Investor 339

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.

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Investor Marketing Due diligence Finance 122

Housing Wire

JULY 18, 2024

launched on Wednesday to serve international investors in U.S. ” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days. .” residential real estate is low. A digital U.S.

Finance 429

Finance Investor Banks Residential 429

Housing Wire

APRIL 17, 2024

That includes the nation’s top homebuilders ( DR Horton and Lennar ), mortgage originators ( United Wholesale Mortgage and Rocket Mortgage ), brokerages ( Anywhere and Compass ) and residential search portals ( Zillow and CoStar , which owns Homes.com ). There are other dynamics at play for some of these companies, however.

Mortgages 482

Mortgages Fixed-rate mortgage Banks Residential 482

Housing Wire

OCTOBER 13, 2020

In its earnings presentation on Tuesday , the nation’s largest bank by assets said it had actually pared back its $15 billion in loan-loss reserves by $569 million in the third quarter. The bank cited runoff from its mortgage portfolio – driven by a wave of refinancings – as a reason for reducing its reserves. . The bank made $1.7

Mortgages 403

Mortgages Banks Residential Investor 403

Housing Wire

NOVEMBER 12, 2020

In April, with the coronavirus pandemic raging across the country, leaders at JPMorgan Chase made the call: the bank was going to significantly tighten mortgage lending standards. Lake did not elaborate, and representatives for the retail bank did not immediately respond to HousingWire’s requests for comment.

Mortgages 451

Mortgages Banks Lending Investor 451

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 451

Loans Investor Banks Finance 451

Housing Wire

FEBRUARY 7, 2024

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate loans. Cangemi said in a statement that the bank’s deposit ratings remain “investment grade” at other credit rating agencies.

Mortgages 450

Mortgages Banks Marketing Commercial 450

Housing Wire

MARCH 6, 2024

A group of investors led by the former U.S. 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.

Equity 418

Equity Mortgages Banks Commercial 418

Housing Wire

JUNE 10, 2025

Legacy, one of the few private lenders focused on Residential Transition Loans (RTL) for both business-purpose real estate investors and consumers, is offering flexible financing for homebuyers and homeowners to help them move quickly in the housing market. The Bellevue, Wash. .

Finance 250

Finance Lending Renovation Residential 250

Housing Wire

OCTOBER 2, 2024

Mullen explains that in the 1980s, investment firms focused on securitizing small assets to make them available for institutional investors. Mullen also clarifies that the term RTL, or residential transition loan, is synonymous with the fix-and-flip mortgage. They start by exploring the evolution of the SFR industry over time.

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Lending Banks Loans Residential 441

Housing Wire

FEBRUARY 25, 2025

Visit Easy Street Capital Constitution Lending: Best for new investors If youre a new investor, finding the best hard money lenders for beginners can make or break your chance at success. You want someone whos experienced with emerging investors and with terms that are fair and comprehensible.

Hard money loan 364

Hard money loan Loans Investor Lending 364

Housing Wire

MARCH 15, 2024

Let’s face it: joint ventures (JVs) and affiliated business arrangements (ABAs) are all the rage in the residential real estate space right now. So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? And why not?

Commercial 430

Commercial Brokerage Due diligence Title 430

Housing Wire

JULY 19, 2024

Headquartered in Southern California , AscentDS will focus on providing customized financing solutions to single-family and multifamily housing developers and investors across the nation. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We now known as Rithm Capital.

Construction 441

Construction Development Loans Lending 441

Housing Wire

MARCH 3, 2021

MAXEX , a digital exchange platform for buying and selling residential loans, announced on Wednesday the launch of two new lending programs in collaboration with JPMorgan Chase for green energy home improvements. These ESG programs fill a significant void in the mortgage market by increasing incentives for green energy improvements.”.

Loans 451

Loans Banks Residential Finance 451

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.

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Bankruptcy Banks Loans Residential 388

Housing Wire

FEBRUARY 28, 2025

million in residential mortgage-backed securities ( RMBS ), calling it another milestone in the companys commitment to expanding financing solutions for borrowers with diverse income streams. Florida-based non-QM lender A&D Mortgage on Friday announced an offering of $458.9

Mortgages 220

Mortgages Loans Residential Banks 220

Housing Wire

MAY 14, 2025

Real estate agent License or education required: Yes Average national salary: ~$86,000 Job description: The fundamental duties of a real estate agent are to assist individuals with buying, selling and renting residential and/or commercial properties. Interested in learning more? You can also analyze real estate data and write about that, too.

Property Management 258

Property Management Brokerage Agents Design 258

Housing Wire

JUNE 25, 2024

Simm has more than 25 years of experience in financial services and has held multiple executive roles at banks and mortgage companies. He comes to Change Lending after a stint as president of real estate at Texas Capital Bank. In March, Change Lending announced its membership with the Federal Home Loan Bank of San Francisco.

Lending 380

Lending Banks Renovation Loans 380

Housing Wire

SEPTEMBER 4, 2024

Bosman and Kulvin each have decades of experience in real estate finance and “will strengthen Pretium’s investment team as the firm continues to expand its impact in the residential financial ecosystem,” the company said in its announcement. He had a particular focus on residential developers and homebuilders.

Finance 429

Finance Residential Investor Lending 429

Housing Wire

JULY 28, 2023

The bank entered into an agreement to buy $1.8 billion of single-family residential loans at a discount, according to the outlet. Banc of California and PacWest announced on Tuesday an all-stock merger with a $400 million equity raise from Warburg Pincus and Centerbridge Partners to create a bank with $36 billion in assets.

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Purchase and sale agreement Mortgages Banks Principal 370

Housing Wire

SEPTEMBER 10, 2021

According to the OCC, the fine is also a result of the bank violating the terms of a 2018 compliance consent order , which alleged that Wells Fargo did not implement or maintain a compliance risk management program proportionate with the bank’s size, complexity and risk profile, resulting in “reckless practices.”

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Lending Banks Loans Mortgages 468