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Once at the fringes of housing finance, home equity investment companies look to grow their stake

Housing Wire

“What if homeowners could tap into home equity without taking on debt?” Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. Hometap is among a handful of companies — including Unison , Unlock , Point and Aspire — that offer home equity investments.

Equity 372
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Compass Appoints Dawanna Williams, Founder and Managing Principal of Dabar Development Partners, to Board of Directors

Realty Biz

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Compass, Inc. About Compass.

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Introducing the 2023 Women of Influence!

Housing Wire

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

Lending 370
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The strategy behind UWM’s multibillion dollar investment

Housing Wire

billion in equity as of the second quarter, plus technology that can close loans faster than most competitors, aggressive pricing is a “multibillion dollar decision investment,” as Ishbia put it. His tangible net worth ratio (a proxy of how much equity you have relative to your total assets) is just under 30%.

Equity 402
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Presenting HousingWire’s 2021 Women of Influence

Housing Wire

Principal and Chair, Financial Instituions Regulatory Practice Group. Brokerage Operations. GM of Orchard Title and Head of Closing Operations. Bay Equity Home Loans. Equity Prime Mortgage. VP, Cash Close. Courtney Poulos. Broker/Owner; Co-Founder. ACME Real Estate; ACME Real Estate Florida. Cristy Ward.

Title 393
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Meet the likely buyers of independent mortgage banks in 2023

Housing Wire

The plug-and-play and brokerage routes. Another path to survival for some IMBs, according to Ludden, might be to convert to a brokerage operation. These people have a lot of wealth, and if they are choosing to invest in a different direction, they might choose to take the gains and free up the equity to invest in their newest ventures.

Banks 398
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Op-Ed: Small Businesses, Cooperation Bolster Real Estate Market by Maintaining Affordability, Equity

RIS Media

Part of an ongoing fight to maintain equitable accessibility to these listings for all consumers and a level playing field for small business brokerages has to do with so-called “pocket listings.” Principal Broker at Phipps Realty Inc. If the real estate agent does not sell the property, he or she does not earn a fee.

Equity 102