Housing Wire

APRIL 18, 2025

The company analyzed a portfolio of residential , commercial and business-purpose loans totaling approximately $80 billion. of these transactions contained issues that could lead to fraud, with each problematic loan averaging 2.5 It found that 46.8% errors the highest number on record.

Title

Housing Wire

JANUARY 21, 2025

The Mortgage Bankers Association (MBA)s education division, MBA Education, recently launched its Mortgage Banking Bound (MBB) program at Cleveland State University. The course is available as an elective to juniors or seniors in the university’s Monte Ahuja College of Business.

Banks

Housing Wire

JUNE 18, 2025

In 2025, Rithm closed three securitizations of non-QM loans — a product that has gained popularity amid a challenging mortgage market. Non-QM loans are for borrowers who do not have traditional income sources, such as self-employed individuals, freelancers and gig workers. In total, the company has issued 23 deals with $7.7

Closing

Housing Wire

DECEMBER 30, 2024

In the 16 years since the peak of the Global Financial Crisis, the structured products industry has transformed from a market dominated by large banks to one with space for new players. Non-QMs are attractive because they have strong credit quality, low loan-to-value ratios, and stable origination volumes.

Banks

Housing Wire

JULY 22, 2025

Seattle-based HomeStreet Bank has agreed to sell its $794 million Ginnie Mae loan servicing portfolio to an undisclosed “experienced” buyer, the company announced in a regulatory filing. the bank’s parent company, prepares to merge with Mechanics Bank in an all-stock business combination announced in March.

Banks

Housing Wire

MAY 15, 2025

MORE’s model offers a short-term bridge loan typically around three years in length that’s designed to give buyers time to refinance or secure permanent financing. Seller financing spans residential, commercial and land transactions, with residential making up 63% of all deals over the past three years, Note Investor reported.

Finance

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. A year prior, it acquired Sculptor Capital Management , along with Computershare Mortgage Services and Specialized Loan Servicing (SLS).

Commercial

Housing Wire

APRIL 11, 2025

Independent mortgage banks ( IMBs ) already report similar information through the Nationwide Multistate Licensing System and Registry (NMLS). Under the original timeline, smaller nonbanks supervised by the CFPB were required to register by April 14, 2025, with all covered nonbanks expected to comply by July 14, 2025.

Industrial

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. Similar to an MLO, a mortgage broker finds financing for buyers. Interested in learning more?

Property Management

Housing Wire

NOVEMBER 25, 2024

One such solution includes the Edge Platform —designed to survey loan portfolios and identify recapture opportunities based on current mortgage rates. Chris Kennedy: Recapture is refinancing the customer into a new loan. When a loan is recaptured, it’s refinanced into a new loan.

Loans

Housing Wire

JANUARY 30, 2025

For us, whether they’re aging in place , buying new construction or just buying a residential property, there’s an opportunity that we’re seeing, and it is growing from the inspection industry’s perspective. We tell all of our franchise owners not to forget about banks, lenders and loan originators, he said.

Inspection

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. The pool has a weighted average credit score of 745 and a weighted average combined loan-to-value ratio of 68.9%.

Mortgages

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. .

Finance

Real Estate News

JULY 18, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Lanette Behiry/Real Estate News Industry Homeownership education needs a reboot — and a new messenger Loan officers and financial advisors need to meet aspiring buyers where they are as many increasingly turn to social media for home financing advice.

Loan Officer

The Close

NOVEMBER 7, 2024

years on a residential investment or 39 years on commercial property, I’m subject to paying the depreciation recapture. Cash on hand lets you move quickly without worrying about loan or mortgage interest charges. Conventional loans: These can be obtained from a credit union or a bank.

Hard money loan

The Close

NOVEMBER 26, 2024

Lenders prefer to see fully stabilized properties when you’re looking for home equity loans or lines of credit. Pro Tip: Investing for equity and appreciation is a viable strategy, but requires some expertise and money in the bank, so you don’t get in over your head with expenses exceeding income with no plan on how to cover them.

Finance

The Close

NOVEMBER 25, 2024

Simply put, it’s a residential building with more than one unit designed to house multiple families. Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. What Is Multifamily Property?

Purchase and sale agreement

Calculated Risk Real Estate

JUNE 4, 2025

Here is some data on REOs through Q1 2025 … This graph shows the nominal dollar value of Residential REO for FDIC insured institutions based on the Q1 FDIC Quarterly Banking Profile released last week. The percent of loans in the foreclosure process increased year-over-year from 0.46 percent in Q1 2024 to 0.49

Equity

Calculated Risk Real Estate

MARCH 14, 2025

Quarter-over-quarter, the total number of mortgage residential properties with negative equity increased by 9.3% of all mortgage properties … Negative equity peaked at 26% of mortgaged residential properties in Q4 2009 based on CoreLogic equity data analysis. million homes or 2% of all mortgaged properties.

Equity

The Close

NOVEMBER 12, 2024

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). Banks also view raw land as riskier, making financing more difficult. Land and lot loans: Many lenders specialize in land or lot loans.

Land

The Close

DECEMBER 18, 2024

Youll also learn about mortgage underwriting, analysis, loan management, and securitization. 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. Visit Baselane 6.

Commercial

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. List every funding source—cash, HELOCs, 401(k) rollovers—plus how quickly you can tap each one.

FHA loan

Redfin

AUGUST 5, 2025

If you dream of building a large home, a jumbo construction loan may be in your future. Jumbo construction loans are designed to finance constructing a new home up to a certain threshold. What is a jumbo construction loan? Construction-to-permanent loan: The construction loan converts to a mortgage after construction.

Construction

AAOA

MARCH 24, 2025

A multifamily unit refers to any property with more than one residential unit. Understanding how to select the right loan type and what it takes to make a compelling offer on a property is crucial. Step 2: Choose a Mortgage Loan Once you have identified the ideal multifamily property, it is time to explore variousmortgage options.

Property Management

Rochester Real Estate

NOVEMBER 5, 2015

It’s unfortunate, but not every prospective buyer is going to be able to qualify for a home loan. Should I Go With A Mortgage Broker Or A Bank? A common question Realtors get from buyers and home owners looking to refinance is “should I go with a mortgage broker or a bank?”

Finance

The Close

JULY 28, 2025

You see, portfolio lenders retain loans in-house so they don’t have to worry about third-party requirements. All of that makes sense, as browsing through Kiavi’s catalog of loan products, I also got the sense that it would be quite simple to get funding.

Pre-qualification

Marco Santarelli

APRIL 27, 2025

Now, imagine you have the resources to just walk in, pick your spot, and pay for it right there and then, without needing a loan. 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.

Finance

Redfin

JULY 29, 2025

Limited financing: There are fewer loan types available for LLCs as they are not typically eligible for regular mortgages, like FHA loans or conventional loans. Personal guarantees: Lenders may require a personal guarantee, a commitment that you will repay the loan yourself if the LLC defaults.

FHA loan

Rochester Real Estate

NOVEMBER 5, 2015

Meeting these criteria is crucial for a condo to be eligible for traditional financing through Fannie Mae or Freddie Mac, providing buyers with more favorable loan terms and conditions. You’ll also be able to find out if the lending institution the buyer is working with can write the loan. Work with other financing sources.

Finance

The Close

MAY 19, 2025

A commercial real estate loan is any type of financing used specifically for properties that generate income. 13% Loan terms: 5-20 years Visit Lendio Fix and flip loans Bridge loans New construction Rental portfolio loan Loan amounts: $75,000-$5 million Interest rates: Between 8.45%-10.2%

Commercial

Housing Wire

MAY 2, 2025

Redwoods jumbo loan lock volumes totaled $4 billion in the first three months of 2025, surging 73% compared to the the previous quarter. But there’s over a trillion dollars of seasoned jumbo mortgages on bank balance sheets. This is very much market share, CEO Chris Abate told HousingWire in an interview.

Banks

Housing Wire

NOVEMBER 6, 2024

“Trump win is a regulatory game changer that likely includes more free markets, less harsh oversight (aid capital, costs, fees) and reduces regulatory risks,” a team of Wells Fargo analysts covering large banks wrote in a report on Wednesday morning. We need regulators who are guard dogs, not lap dogs or attack dogs,” Dworkin wrote.

Mortgages

Redfin

FEBRUARY 10, 2025

Whether youre a recent grad looking to tackle student loans, a remote worker seeking a lower cost of living, or simply craving new scenery, youll want to check out these communities. Each lot ranges from 14,000 to 35,000 square feet and is located within a fully decked-out residential development within the city limits.

Pre-approval

Housing Wire

APRIL 8, 2025

In his annual letter to shareholders released on Monday, Dimon said that streamlining loan origination and servicing standards, reducing capital requirements and simplifying securitization rules would reduce the cost of mortgages without making them riskier. The bank originated $47.4 housing market. billion, up 14.4% year over year.

Mortgages

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

MAY 9, 2025

Primary residence mortgages typically offer more favorable loan terms, including lower interest rates. According to Pulte, James falsified bank documents and property records to acquire government-backed assistance and loans and more favorable loan terms by misrepresenting her Norfolk residence.

Mortgages

Housing Wire

NOVEMBER 15, 2024

But in addition to her position as president and CEO at the company, she held various roles for the MBA, including current board member and chair of the MBA residential board of governors in 2023. Rhea’s son, Kevin Rhea, who worked with her at MIG for over two decades, said she was a “force in mortgage banking.”

Investor