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. Last week, our first class was led by Jen Peachman from GVC Mortgage. 15 and goes until the end of April, Hoffman told HousingWire.

Banks

Housing Wire

JANUARY 7, 2025

The new year has arrived, but little has changed regarding the direction of mortgage rates and their impact on the U.S. At HousingWire s Mortgage Rates Center on Tuesday, the 30-year fixed rate averaged 7.09%. “If mortgage spreads had been as unfavorable as they were in 2023, mortgage rates would be around 8% instead of near 7%.”

Mortgages

Housing Wire

JULY 7, 2025

residential real estate is drawing increasing interest from international investors —particularly in Latin and South America — according to Miami -based Waltz , a digital mortgage platform that caters to foreign buyers. bank accounts, exchange currencies and finance property purchases. . homes, Waltz noted.

Residential

Housing Wire

AUGUST 4, 2025

Florida-based wholesale lender A&D Mortgage has secured a $250 million capital commitment from alternative asset manager Canyon Partners to support the securitization of non-agency mortgages, the companies announced Monday. Founded in 2005, A&D originated $3 billion in mortgages in 2024.

Mortgages

Housing Wire

APRIL 18, 2025

The company analyzed a portfolio of residential , commercial and business-purpose loans totaling approximately $80 billion. In Q1 2025, FundingShield said it received increased data requests from lender clients undergoing mortgage origination risk assessment audits. It found that 46.8% errors the highest number on record.

Title

Housing Wire

JANUARY 30, 2025

This was some of the perspective shared by Matt Cook, the director of business development at HomeTeam Inspection Service , who shared with HousingWire ‘s Reverse Mortgage Daily (RMD) how the growing number of older homeowners is impacting what he sees on a daily basis. Some feel like homes arent built like they used to be.

Inspection

Housing Wire

MAY 15, 2025

In an era of high mortgage rates and stagnant home sales , a real estate transaction model is making waves by reintroducing and standardizing a once-popular financing method. 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

JANUARY 8, 2025

At HousingWire s Mortgage Rates Center on Wednesday, the 30-year fixed rate averaged 7.11%, clouding the housing market outlook for 2025. CoreVest was acquired by Redwood in 2019 and is the REITs business-purpose lending division that specializes in loans for residential investment properties.

Equity

Housing Wire

JUNE 18, 2025

Rithm Capital announced this week the closing of a $504 million securitization backed by nonqualified mortgages ( non-QMs ) serviced by its subsidiary Newrez , along with the issuance of $500 million in debt. In 2025, Rithm closed three securitizations of non-QM loans — a product that has gained popularity amid a challenging mortgage market.

Closing

Housing Wire

APRIL 11, 2025

The regulation was the target of criticism from the mortgage industry. The main criticism from mortgage trade groups centered on what they characterized as the rules redundancy. Independent mortgage banks ( IMBs ) already report similar information through the Nationwide Multistate Licensing System and Registry (NMLS).

Industrial

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. Historically, life insurance companies shied away from investing in residential mortgages. mortgages in 2020 to 5% in 2024 (Scotsman Guide).

Banks

Housing Wire

FEBRUARY 4, 2025

Rithm owns multichannel mortgage lender and servicer Newrez. It has made a slew of acquisitions in the credit and mortgage servicing sectors over the past two years. A year prior, it acquired Sculptor Capital Management , along with Computershare Mortgage Services and Specialized Loan Servicing (SLS). ”

Commercial

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

FEBRUARY 28, 2025

Florida-based non-QM lender A&D Mortgage on Friday announced an offering of $458.9 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.

Mortgages

Housing Wire

OCTOBER 23, 2024

of mortgaged residential properties in the U.S. With the first mortgage market in a state of flux, the competition for consumers’ home equity business has reached unprecedented levels. According to ATTOM’s third quarter 2024 Home Equity and Underwater Report, 48.3% are considered equity rich.

Equity

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.

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. It’s the quintessential function of a mortgage servicer. A mortgage servicer collects payments from an asset and repays the investor.

Loans

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

Thinking big about residential real estate success requires a big-picture perspective. Ask a Gen Z homebuyer where they're getting their mortgage advice, and you're more likely to hear "YouTube" or "ChatGPT" than "loan officer. The views expressed in this column are solely those of the author.

Loan Officer

Housing Wire

AUGUST 4, 2025

Department of Justice (DOJ) over the sales of residential mortgage-backed securities (RMBS). The bank confirmed on Monday that its U.S. UBS Group said on Monday that it will pay $300 million to settle lingering obligations tied to a Credit Suisse deal with the U.S.

Residential

The Close

NOVEMBER 7, 2024

You also want to add overhead expenses like filing your business entity, advertising costs, real estate commissions and finder’s fees, taxes, and mortgage principal and interest. years on a residential investment or 39 years on commercial property, I’m subject to paying the depreciation recapture.

Hard money loan

Toronto Realty Blog

NOVEMBER 11, 2024

I have never really understood where people get the idea that homes in Toronto routinely sell for pennies on the dollar, or that banks want to “unload” homes once they foreclose. Banks do foreclose on homes. And mortgages in arrears by three months or more are still below pre-pandemic levels. This is true.

Sales

The Close

NOVEMBER 26, 2024

Additionally, Trulia provides personalized recommendations and mortgage tools like a mortgage calculator. 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

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. percent in Q4 2023 to 0.45

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. percent in Q1 2024 to 0.49

Equity

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

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). After you’ve purchased your land (aside from any mortgage payments), the main ongoing cost is just the annual property taxes.

Land

Rochester Real Estate

NOVEMBER 5, 2015

Top Mortgage Blogs From 2017 Best Mortgage & Home Financing Blogs From 2017 We’re back! Top Mortgage Blogs From 2017 Best Mortgage & Home Financing Blogs From 2017 We’re back! This week we’re highlighting the best mortgage blogs from this year!

Finance

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

AAOA

MARCH 24, 2025

A multifamily unit refers to any property with more than one residential unit. You tend to gain from the high annual deduction on account of mortgage interest, as well as the ability to offset rental income against depreciation. Start by looking around for mortgage lenders who specialize in multifamily properties.

Property Management

BAM Media

JANUARY 14, 2025

Application for Reassessment of Property Damaged or Destroyed by Misfortune or Calamity Mortgage Assistance Banks like JP Morgan Chase and Bank of America are offering to ease mortgage repayment conditions for L.A. County residents impacted by the fires. Other lenders in the area may have similar relief programs.

Banks

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. Speed of Light Closings: Forget waiting 30, 45, or even 60 days for mortgage approval, appraisal, and all the hoops.

Finance

Toronto Realty Blog

FEBRUARY 20, 2025

I don’t know of another place on the planet where we sell, build, and transfer residential real estate like this! 80%), one of the major banks will finance the project and give the go-ahead to begin construction. 80%), one of the major banks will finance the project and give the go-ahead to begin construction. Like what

Development

Redfin

AUGUST 5, 2025

They’re related to a jumbo loan, a type of mortgage loan that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). Government-sponsored enterprises Fannie Mae and Freddie Mac can only purchase mortgages that conform to these limits. (We’ll We’ll get into that more in a second.)

Construction

Redfin

JULY 29, 2025

Difficult to get a mortgage: Securing a mortgage for an LLC is more difficult than the average home buying process. 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. What kind of property can you buy with an LLC?

FHA loan

Rochester Real Estate

NOVEMBER 5, 2015

This involves understanding the criteria set by Fannie Mae and Freddie Mac, two major mortgage financing companies in the United States. Luke Skar, a mortgage professional with Madison Mortgage Guys , says that speaking directly with the head of the association or management company could give you insights on future warrantability.

Finance