Housing Wire

JUNE 12, 2025

billion in unpaid principal balance in 2024 and $1.2 The companies expect the transaction to close in the fourth quarter of 2025. National lender HomeXpress specializes in nonqualified mortgages (non-QMs), business-purpose loans for real estate investors and other nonagency mortgage products. billion from January through May 2025.

Loan Officer

Housing Wire

FEBRUARY 21, 2025

Growth was frontloaded and slowed throughout the year, CoreLogic senior principal economist Molly Boesel said in a statement. posted the highest year-over-year increase at 5.6%, followed closely by Detroit (+5.5%) and Chicago (+5.1%). Single-family rent growth averaged 2.6% in 2024, below the 2010-2020 average of 3.5% Washington, D.C.,

Principal

Housing Wire

JULY 9, 2025

” Since the start of 2022, Lewis has closed more than $56.1 Welcoming Brandi back home to Keller Williams is a power move for our luxury presence across Georgia ,” said Gabby Maddox-Davis, operating principal at Keller Williams Realty West ATL. million in sales, representing clients in Atlanta’s luxury real estate market.

Principal

Housing Wire

JULY 14, 2025

Guild LOs, who spoke with HousingWire on condition of anonymity due to career concerns, said they have yet to receive any guidance on how the two platforms would collaborate after the deal closes. No official plan has been released because the deal is not closed. When an LO closes a deal there, they receive a small compensation split.

Mortgages

Housing Wire

JUNE 18, 2025

per quarter through the consummation of the merger if it does not close in 2025. It has already been approved by McCarthy Capital Mortgage Investors and is expected to close in the fourth quarter of 2025, pending customary closing conditions. billion in unpaid principal balance as of March 31. in 2025, or $0.25

Principal

Housing Wire

FEBRUARY 6, 2025

billion in consumer loans from Goldman Sachs while also closing a deal to purchase Sculptor Capital Management and its $33 billion in assets under management. Its refinance recapture rate in 2024 when including closed-end second-lien loans was 52%, up from 41% two years earlier. That marked a substantial turnaround from the $87.5

Loans

Housing Wire

NOVEMBER 1, 2024

The program is designed to be based on the UPB (unpaid principal balance), or the loan deliveries we receive in a specific quarter from the lenders, and the corresponding NAQ rate, which is the non-acceptable quality rate. Our focus is to make sure we close out 2024 in a great way.

Loans

Housing Wire

JUNE 10, 2025

“We built HELOC For Seniors to offer a better way forward, offering the financial flexibility associated with a line of credit, but without sharply rising payments that come with traditional bank HELOCs, or the higher base payments associated with closed-end second liens ,” he said. “So The product does not include a preset maturity date.

Equity

Housing Wire

NOVEMBER 14, 2024

To get a better idea of what investors might be most closely interested in with these results, along with the outlook for these companies and the industry, HousingWire ’s Reverse Mortgage Daily (RMD) sat down with UBS equity research analyst Douglas Harter. They also mentioned the proprietary product suite at their company as a bright spot.

Investor

Housing Wire

DECEMBER 20, 2024

Bill Mitchell For the six months that Mitchell worked closely with RV, he described it as a good time and became far more familiar with the reverse mortgage industry. In late 2021, Mitchell was hired by the parent company of reverse LOS ReverseVision (RV) and Joe Langner, its leader at the time.

Mortgages

Housing Wire

APRIL 28, 2025

billion in unpaid principal balance (UPB), up 2% from the end of 2024 and 10% higher compared to March 2024. We’ve also been seeing ramp production and closed-end seconds , home equity loans, and we think that’s a great untapped opportunity for the channel.” “[PennyMac] is well-rounded.

Marketing

Housing Wire

MAY 27, 2025

Meanwhile, Two Harbors Investment acquired RoundPoint Mortgage Servicing and Rithm Capital closed a deal for Computershare Mortgage Services, bringing in Specialized Loan Servicing. billion in unpaid principal balance as of March 31. Cooper acquired Home Point Capital , Roosevelt Management Company and Flagstar s servicing assets.

Due diligence

Housing Wire

APRIL 22, 2025

The deal, which closed March 15, adds 20 agents from River City to the United ranks and brings its total agent count in the Richmond area to 220, according to John Finn, senior managing broker at United. His brother, Jeffrey Finn, serves as principal broker, Richmond BizSense reported.

Brokerage

Housing Wire

APRIL 21, 2025

The principal investigator of the study is Mariana Amorim, an associate professor in the department of sociology at Washington State University. The Washington State Department of Financial Institutions has commissioned a formal academic study on the topic of HEI products.

Equity

Housing Wire

NOVEMBER 1, 2024

Last but not least, real estate agents prepare documents such as closing documents, purchase agreements, and leases while ensuring that the transaction is in compliance with local laws and their client’s terms are met. An agent may also be present at closings to review closing documents and help guide their client through the final steps.

Agents

Housing Wire

APRIL 21, 2025

director of research and a managing principal at John Burns. That figure is close to the 50% of lower-income households who feel the same. All of our consumer and industry channel checks are telling us that consumers are in wait-and-see mode this spring, said Rick Palacios Jr., households.

Principal

Real Estate News

JULY 12, 2025

Maryanne Moyers, Principal Broker, Serhant Maryanne Moyers, a veteran broker with more than $5 billion in career sales, will lead the expansion as principal broker. Chaquica, who recently achieved downtown San Diego's highest price-per-square-foot sale, has closed $25 million in sales volume so far this year, The Agency said.

Brokerage

Housing Wire

JULY 15, 2025

That doesn’t mean we can’t do it on the proprietary side, that doesn’t mean we can’t do a hybrid closing, but if we want to deliver the full eClosing digital experience, we’re going to have to work — and we are working —with FHA and Ginnie Mae to move that ball a little bit forward.

Technology

Housing Wire

FEBRUARY 19, 2025

In the fourth quarter of 2024, Compass reported a 26% year-over-year increase in revenue and a 24% increase in closed transaction sides. Its agent count continues to rise sharply, as the number of principal agents grew from 14,683 at the end of 2023 to 17,752 at the end of 2024. While the firm’s revenue grew to $1.4

MLS

Housing Wire

JULY 30, 2025

The company’s principal agent count increased 23.3% ” Total transactions closed by Compass agents hit 73,025 in the quarter. Market position, agent retention Compass expanded its national market share to 6.09% in Q2 2025, up 96 basis points from the prior year. Organic market share grew by 40 basis points.

Title

Housing Wire

JULY 30, 2025

Agent count up by quarter, down by year At the close of the second quarter, RE/MAX’s total agent count topped out at 147,073 agents, up 2.5% Now this demand is showing up in our M&A efforts as well, and we’ve closed several deals this year and are increasingly excited about the pipeline our new leaders are building.”

Agents

Housing Wire

JANUARY 21, 2025

On the flip side, transferring servicing removes direct access to these borrowers and closes the window into their mortgage activity. They also manage Principal and Interest (P&I) and Taxes and Insurance (T&I) advances and recoveries. Of course, customers arent the only ones that benefit from in-house servicing.

Mortgages

Housing Wire

MAY 6, 2025

In its servicing portfolio , which is undergoing adjustments following the Rocket – Mr. Cooper deal, the MSR unpaid principal balance reached $214.6 from the previous closing. billion as of March 31, compared to $242.4 billion as of December 31. UWM shares were trading near $4.22 on Tuesday at 11 am ET,down11.3%

Principal

Housing Wire

FEBRUARY 13, 2025

The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans. The company closed multiple RTL securitizations last year, including a $350 million transaction in the first quarter. It also launched a new construction financing product for builders.

Land

Housing Wire

JULY 31, 2025

Since July 1, Rocket has seen more than 65 Redfin clients close on homes. Clients referred from Rocket to Redfin are 30% more likely than those from other channels to upgrade to verified approval letters, which is the strongest sign that they’re moving toward closing these results,” Krishna said.

Equity

Housing Wire

APRIL 22, 2025

Samson feels that a move to private listing networks would be a regression for the industry, going back to the pre-MLS days “when listings were hoarded, buyers were kept in the dark, and deals were made behind closed doors.”

MLS

Fancy Pants Homes

NOVEMBER 11, 2024

That record-setting sale, closed in 2023, was brokered by the same agent who represents Casa Exumas. A massive primary bedroom Photo credit: Legendary Productions The large principal bedroom suite has generous proportions and a modern design, featuring black-framed windows that contrast against the crisp white walls and marble flooring.

Principal

Redfin

FEBRUARY 20, 2025

Closing costs arent just a buyers responsibility – sellers have their own expenses to consider as well. On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs , including agent commissions, transfer taxes, and title fees. What are closing costs for sellers?

Closing costs

Housing Wire

MAY 19, 2025

To further complicate things, these loans are sold to the GSEs and GNMA with various types of remittances which dictate how cash flows are treated for scheduled or actual principal and interest handling. All this clouds the visibility of actual data by adding layers and layers of subservicing functions.

Mortgages

Housing Wire

APRIL 1, 2025

They must have the home appraised to determine a final loan amount in excess of FHA limits, and can then proceed to loan closing and funding. In October 2024, the company also launched a broker protection program that offers company-approved brokers and principal agents with access to five core protections.

Mortgages

Housing Wire

APRIL 1, 2025

Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)

Lending

The Close

NOVEMBER 7, 2024

While The Close likes to keep our articles short, this topic needs a bit more explanation, but trust us, it will be worth your while. 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.

Hard money loan

Marco Santarelli

JANUARY 2, 2025

Calculating Total Cost of Mortgage Over 30 Years Understanding the Basics: Principal and Interest Okay, let's start with the fundamentals. The amount you borrow is called the principal. Here's the thing: a mortgage payment is a mix of principal and interest. More of your payment goes to the principal, and less towards interest.

Mortgages

Calculated Risk Real Estate

MARCH 13, 2025

emphasis added Mortgage Equity Withdrawal is an aggregate number and is a combination of homeowners extracting equity - hence the name "MEW" - and normal principal payments and debt cancellation (modifications, short sales, and foreclosures). While year-over-year, negative equity increased by 7% from 1 million homes, or 1.8%

Closing

Housing Wire

AUGUST 7, 2025

In its servicing portfolio , the company’s mortgage servicing rights totaled $211 billion in unpaid principal balance as of June 30, slightly down from $214 billion at the end of March. as of Thursday morning, up roughly 8% from the previous day’s close. First, we don’t refinance any borrowers — our brokers do.

Loan Officer

The Close

NOVEMBER 25, 2024

After you close on a property, you’ll start racking up monthly carrying costs, which can really add to your planned expenses. Depending on your financing, closing on the property can take 15 to 45 days. The post How to Start a House Flipping Business in 7 Steps appeared first on The Close.

House Flipping

Marco Santarelli

APRIL 2, 2025

Experian suggests we might see rates hovering around the 6% mark by the close of 2025. There are costs involved, such as appraisal fees, closing costs, and origination fees, so you'll need to weigh those against the potential savings to make sure it makes financial sense. Fannie Mae predicts mortgage rates to be around 6.3%

Mortgages