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

MAY 29, 2025

Indeed, the total residential subservicing market declined to $3.96 Mark DeVries, senior research analyst at Deutsche Bank , said some larger mortgage companies remain somewhat skeptical of the value of buying a big servicing book, paying a lot of money for leads that you could generate organically, without having to pay a big premium.

Mortgages

Housing Wire

APRIL 18, 2025

The company analyzed a portfolio of residential , commercial and business-purpose loans totaling approximately $80 billion. The company characterized its transaction-level review which includes license verification, coverage validation and bank data checks as a market standard to manage such risks. It found that 46.8%

Title

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

Housing Wire

MARCH 28, 2025

The bill introduces a new section called Consumer Privacy in Mortgage Applications to the Idaho Residential Mortgage Practices Act. Idaho joins several other states in governing the use of residential mortgage trigger leads over the years. Brad Little (R) signed H.B. 149 into law last week.

Mortgages

Housing Wire

MAY 15, 2025

Seller financing spans residential, commercial and land transactions, with residential making up 63% of all deals over the past three years, Note Investor reported. Theyve got $500,000 in the bank, they make $200,000 a year, they got their stuff together. on its own. Credit score isnt everything, he said.

Finance

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

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. Historically, life insurance companies shied away from investing in residential mortgages.

Banks

Housing Wire

JULY 3, 2025

He holds a degree in agricultural business management from North Carolina State University and began his real estate career in 2010 with a focus on farm, land, residential and commercial sales throughout the region. Ahoskie is part of North Carolina’s Inner Banks region — known for its natural inlets and quiet outdoor lifestyle.

Land

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

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

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

JANUARY 3, 2025

This is crucial for many developers who have found themselves battling higher costs of development and reduced availability of traditional bank financing. Looking ahead Housing developers and residential construction workers have a golden opportunity to embrace innovation and sustainability through modular construction.

Development

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. It also cut jobs at Computershare and SLS.

Commercial

Housing Wire

OCTOBER 23, 2024

of mortgaged residential properties in the U.S. In this latest HousingWire Research report, you’ll discover: The driving forces behind this intense competition as independent mortgage banks (IMBs) and financial institutions—think community banks, regional banks, and credit unions—compete for market share.

Equity

Housing Wire

AUGUST 4, 2025

The investment will help accelerate the joint securitization program between A&D and Imperial Fund Asset Management , enabling the issuance of up to $5 billion in non-agency residential mortgage-backed securities (RMBS). Earlier this year, A&D acquired the wholesale division of Flagstar Bank from Mr. Cooper Group.

Mortgages

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?

Property Management

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

JANUARY 7, 2025

18, when the central bank cut benchmark rates by 25 bps to a range of 4.25% to 4.5%. For mortgage rates to go lower, we need to focus on the labor market, which has been critical to every economic cycle in recent history, and particularly the labor market for residential construction and remodeling, Mohtashami wrote.

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

Housing Wire

NOVEMBER 25, 2024

Freedom Mortgage is the best example of a mortgage bank/servicer that’s executed its recapture strategy better than any other servicer. Actively managed residential whole-loan and MSR portfolios can recapture and refinance these borrowers into better loans, giving them new money to pay off car loans and student loans.

Loans

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

The Close

NOVEMBER 7, 2024

years on a residential investment or 39 years on commercial property, I’m subject to paying the depreciation recapture. Conventional loans: These can be obtained from a credit union or a bank. They may offer more flexible terms than traditional banks but often charge higher interest rates and cater to experienced investors.

Hard money loan

Housing Wire

MARCH 11, 2025

Residential real estate including houses, apartments, condos will drive growth in the property management software market across all real estate segments. But, self-management software providers like TurboTenant offer options that help landlords access solutions without breaking the bank. billion by 2032. That equates to around 10.1%

Property Management

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. In September of 2024, Royal Bank of Canada listed the property for sale for $3,950,000. This is true.

Sales

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

Real Estate News

JULY 18, 2025

Thinking big about residential real estate success requires a big-picture perspective. He currently leads the mortgage banking and mortgage tech division for T3 Sixty, one of real estate's most respected management consultancies, and resides in Northern California.

Loan Officer

Marco Santarelli

OCTOBER 13, 2024

It's a good market for both residential and commercial investments. Fortune 500 Hub: Charlotte is home to the headquarters of nine Fortune 500 companies, including Bank of America and Duke Energy, further solidifying its strong financial and energy sectors. Population growth is significant, and rental rates are rising steadily.

Investor

The Close

NOVEMBER 26, 2024

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. This includes cash-out refinancing and portfolio loans from local banks and private lenders.

Finance

The Close

NOVEMBER 25, 2024

Simply put, it’s a residential building with more than one unit designed to house multiple families. Unlike most banks, most hard money lenders understand that properties have more potential after repairs, so they’ll lend based on after-repair value (ARV)⁠. What Is Multifamily Property?

Purchase and sale agreement

The Close

DECEMBER 18, 2024

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. If you want to own physical properties, residential properties are the best entry-level real estate investment. 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). Banks also view raw land as riskier, making financing more difficult. There are many zoning categories, depending on your area.

Land

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. Note: The FDIC reports the dollar value and not the total number of REOs.

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

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

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

The Close

MARCH 12, 2025

The accounting software streamlines bookkeeping and maintains accuracy by calculating expenses and automating monthly bank reconciliations. Bank account setup fees: Attaching your bank account to the Buildium accounting system allows transactions to be collected in your accounting ledger for automatic reconciliation, payments, and deposits.

Property Management