Housing Wire

OCTOBER 23, 2024

Cash-out refis have gained popularity due to record-high home equity levels in recent years. As for the product’s mortgage rates, Elezaj said they are more competitive than HELOCs (home equity lines of credit), traditionally a market dominated by credit unions and depository banks. How much will borrowers pay?

Equity

Housing Wire

JULY 1, 2025

In addition to this acquisition, Real has also made an equity investment in Flyhomes. The companies also announced the Real will be offering Flyhomes “Buy Before You Sell” financing solution through its subsidiary One Real Mortgage. “As Poleg said Real is excited to bring Flyhomes’ financing products to its agents and their clients.

Technology

Housing Wire

MAY 20, 2025

In March, Rocket struck a deal to acquire digital real estate brokerage firm Redfin for $1.75 billion, bringing in its distributed retail arm, Bay Equity Home Loans. This isnt the first time Rocket has engaged with local loan officers. Some of the acquisitions that weve made are very specific to that goal.

Loan Officer

Real Estate News

JULY 7, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Shutterstock Agents 20% down? Down payments that large aren't routine these days, but most buyers don't realize this because they aren't turning to agents with their home financing questions.

VA loan

Housing Wire

JULY 31, 2025

The company is now focusing on integrating the recently acquired real estate brokerage firm Redfin , which has already shown early benefits. ” The company also experienced “strong growth” in refinance volume, he said, while home equity loan originations nearly doubled year over year, setting new records for units and volume.

Equity

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

Marco Santarelli

NOVEMBER 23, 2024

A clear understanding of your financial situation will help you determine how much you can invest in a new property and whether you need to explore financing options. It involves buying a property, renovating it, renting it out, refinancing it to pull out equity, and repeating the process with the profits.

Hard money loan

BAM Media

MARCH 10, 2025

This move aims to integrate Rockets mortgage lending with Redfins home search and real estate services, making it easier for people to buy and finance homes in one place. But once the deal closes, consumers may have a more connected, tech-driven way to find and finance their homes. billion all-stock deal.

Pre-approval

Redfin

JUNE 13, 2025

In this Redfin article, we’ll walk you through what’s different as a second-time homebuyer, how to prep your finances, and what strategies ease the transition—whether you’re upgrading in Flagstaff, AZ , downsizing, or just making a change in Fort Worth, TX. In this article: Is it harder to buy a house the second time?

Debt-to-income ratio

The Mortgage Report

JULY 24, 2025

Personal finance expert Aimee Frey , on the other hand, interprets these findings a bit more critically. Offered through thousands of state, county, and local government initiatives nationwide, these programs offer grants, forgivable loans, or low-interest financing to reduce the cash needed to purchase a home.

FHA 203k rehab loan

The Close

NOVEMBER 12, 2024

This article breaks down seven steps to help you learn how to buy land—covering everything from the pros and cons to financing and closing the sale. Inexpensive entry: Vacant land can be affordable to buy, and if you wait for it to appreciate, you can build equity. Banks also view raw land as riskier, making financing more difficult.

Land

The Mortgage Report

JUNE 9, 2025

Based in Denver, he has over 25 years of experience in the real estate and finance industries. Tony and his team specialize in investment services, property management, institutional acquisitions, and buy/sell brokerage. But beyond finances, I think mindset matters. Answers have been edited for brevity and clarity.

FHA 203k rehab loan

Rochester Real Estate

NOVEMBER 5, 2015

The seller can secure monthly rental income while maintaining the potential for a future sale, while the buyer can live in the house and potentially build equity over time. The saying ” you get what you pay for” certainly applies to discount brokerages. However, it is crucial to have a well-drafted legal document.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

Assets to be verified include bank statements, 401k and other retirement accounts, stocks or brokerage account statements, real estate owned and any other significant assets. Debt to Equity Ratio (DTI) requirements are higher than conventional loans. No tax returns needed to verify income. Sometimes as high as 50%.

Mortgages

Afford Anything

JUNE 24, 2025

We max out our Roth IRAs, contribute $10,000 a year to the brokerage account, and I max out the 457. We have $410,000 in invested assets—$205,000 in Roth IRAs and a brokerage account, and $205,000 in 457 plans. As part of my compensation, I’ll be receiving equity in the company. We pay $2,400 a year for the firm’s services.

HR

Housing Wire

FEBRUARY 5, 2025

Many new resort communities often hire one brokerage or, in some cases, one agent to represent their listings. If this real estate niche is up your alley, speak with developers or the brokerages that commonly represent golf and resort properties.

Commercial

Housing Wire

DECEMBER 2, 2024

Mortgage brokerage firms are now under heightened scrutiny from the Consumer Financial Protection Bureau (CFPB). The CFPB’s focus is on how brokerage firms comply with loan officer compensation rules, particularly in regard to lender-paid versus borrower-paid options. That’s the risk of running a mortgage brokerage.

Brokerage

Inman

MAY 29, 2025

MoxiWorks sells back-office software MoxiBalance to agent benefits facilitator Upfront as part of an emphasis on marketing and sales.

Agents

Real Estate News

JULY 16, 2025

However, a recent congressional investigation request made by Federal Housing Finance Agency (FHFA) Director Bill Pulte suggests officials are exploring whether cause for his removal could be found in connection with comments Powell made about renovation plans for the Fed's headquarters. " Will Trump fire Powell?

Renovation

Housing Wire

APRIL 1, 2024

“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

Housing Wire

OCTOBER 4, 2023

California-based home equity investment firm Splitero launched its own real estate brokerage , Splitero Homes, this week. Launched in 2021, Splitero’s main focus is on home equity investments (HEI), which differs from home equity lines of credit (HELOC). Our brokerage is unique,” Michael Gifford told HousingWire. “It’s

Equity

Housing Wire

JUNE 28, 2024

a provider of shared equity financing products, announced Thursday that it hired Paul Giangrande as a corporate executive vice president and president of its mortgage division. We are honored to have him lead our expanding mortgage financing efforts,” David Shapiro, EquiFi’s CEO and founder, said in a statement.

Equity

Housing Wire

JULY 12, 2021

The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. Terms of the deal were not disclosed, but the Financial Times reported that SoftBank -backed Better bought Trussle for a “cut-price,” one that values the mortgage brokerage at just $9 million.

Brokerage

Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. Kim: There are a handful of home equity investment firms in the market. Based on the notion that far too many U.S.

Equity

Housing Wire

JUNE 20, 2024

Finance of America (FOA), the leading U.S. According to Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI), FOA was the No. This is according to a company filing with the Securities and Exchange Commission (SEC) reviewed by HousingWire ’s Reverse Mortgage Daily (RMD). “We

Finance

Housing Wire

MARCH 27, 2024

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. But for Real, which runs a virtual brokerage model with revenue sharing for its agents, the goal is to get better, not necessarily bigger.

Brokerage

Housing Wire

SEPTEMBER 23, 2024

Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions , which will include reverse mortgages and other home equity-based lending instruments.

Lending

Housing Wire

APRIL 9, 2021

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. Every deal is different – the amount of equity they forward and the fee that they charge for the service. “And then we have our agent commission.”

Equity

Housing Wire

MARCH 28, 2024

Mike Kortas and Mat Grella, the longtime owners and co-founders of America’s largest mortgage brokerage, NEXA Mortgage , are in negotiations to end their partnership. billion in mortgage loans in 2023, according to Kortas, easily more than any other brokerage. NEXA was founded in 2017 after Kortas and Grella left Equity Prime Mortgage.

Mortgages

Housing Wire

JUNE 16, 2022

despite a challenging mortgage market in which real estate brokerages are laying off staff. The Scottsdale, Arizona-based company secured $60 million in equity and $55 million in debt financing, according to a Thursday news release from the firm. Proptech HomeLight raised $115 million in capital and acquired Accept.inc.

Lending

Housing Wire

JUNE 29, 2022

The fintech also will offer additional loan products, including home equity lines of credit (HELOCs), new purchase loans and cash-out refinancings. “A The funding comes shortly after Knox launched its first mortgage product, dubbed the Knox equity access program (KEAP), in April. Presented by: ServiceLink.

Loans

Housing Wire

JANUARY 13, 2021

In 2017, Guaranteed Rate struck a deal with the largest real estate brokerage conglomerate in the country, Realogy , to form a landmark joint venture. It has paid off in spades: the combined company, Guaranteed Rate Affinity , originated $5 billion in loans during the first half of last year. But one JV in particular had eluded him.

Brokerage

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. in the second quarter from the first quarter to $135 billion, according to Inside Mortgage Finance estimates.

Mortgages

Housing Wire

APRIL 4, 2022

Redfin completed its acquisition of Bay Equity Home Loans , paying $137.8 million for the mortgage lending operation in its quest to provide customers “a one-stop shop” where they can buy, sell, rent and finance a home, according to a news release from the company. million premium over Bay Equity’s tangible book value” as of Feb.

Closing

Housing Wire

FEBRUARY 24, 2022

But like real estate brokerage Compass , another company significantly financed by the SoftBank Vision Fund , Opendoor has constructed an empirically money-losing business model with little sign of reversing course. The company also grew the price range for which it buys homes and where it operates. Additionally, the company has $5.7

Title

Housing Wire

JULY 18, 2022

And mortgage brokerages, which don’t have the burden of high overhead, are heavily recruiting retail LOs whose pipelines have thinned in recent months. Several large mortgage brokerages see the market-wide volatility as a recruiting tool. Purchase applications are where brokerages really shine in the first place.”.

Mortgages

Housing Wire

JULY 13, 2022

Rascoff lives and breathes a lucrative mix of technology finance, and real estate, three inextricably linked sectors. Outside of his time in the board room, Rascoff is the host of “Office Hours,” a podcast featuring candid conversations between prominent executives on leadership, diversity equity and inclusion and startups.

Technology