Housing Wire

APRIL 16, 2024

Bank of America (BofA) reported another quarterly decline in mortgage and home equity production in the first quarter of 2024. Loan production in the home equity arena was $1.8 The home equity portfolio was $25.5 On Tuesday morning, the top-20 U.S. mortgage lender stated it produced a volume of $3.4 from the $3.9

Mortgages 402

Mortgages Banks Equity Commercial 402

Propmodo

JANUARY 10, 2023

Commercial real estate is one of the oldest and largest industries in the world, with a seismic impact on the global economy, which is why it’s so unfortunate that it’s not known for being a very diverse sector. Commercial real estate is also not seen as an option as a vocation by women and minorities.

Commercial 83

Commercial Equity Investor Industrial 83

Housing Wire

SEPTEMBER 1, 2023

New York-based investment firm Cerberus Capital Management has entered into a definitive agreement to acquire home equity lender Spring EQ , the companies announced on Friday. The transaction will allow Cerberus executives to realize new opportunities as demand for home equity solutions in the U.S. accelerates.

Equity 370

Equity Loan Officer Residential Commercial 370

Housing Wire

JANUARY 21, 2021

Notarize has tapped Larry D’Angelo as its first president and chief commercial officer, the company announced on Thursday. He also spent the past years working with private equity firms Cove Hill Partners and M33 Growth’s portfolio companies. billion revenue business.

Commercial 250

Commercial Equity Industrial Closing 250

Propmodo

OCTOBER 31, 2023

This has been a perfect storm for the commercial real estate lending industry. Falling property prices and liquidity fears are causing banks to slow or stop lending on commercial properties. All of this combined to push commercial lending to a standstill.

Lending 112

Lending Commercial Banks Construction 112

Housing Wire

FEBRUARY 15, 2024

As we continue to grow our portfolio, we’ll use equity as well as debt … a lot of the banks that he works with also do commercial lending. So he’ll have access to commercial lines of credit for us,” Joe Caltabiano, CEO of HRT, said in an interview. That’ll be a big part.

Loan Officer 344

Loan Officer Commercial Investor Banks 344

REM Online

JUNE 23, 2021

The original post can be found at the following URL: Commercial Real Estate Equity and Diversity Council launches with playbook, website. The original post can be found at the following URL: Commercial Real Estate Equity and Diversity Council launches with playbook, website.

Commercial 55

Commercial Equity Development Industrial 55

Realty Biz

DECEMBER 5, 2023

Alexandria Real Estate Equities, Inc. With strong financial skills and a nearly three-decade track record as a distinguished equity research analyst covering the REIT sector, Sheila will add significant value to Alexandria and for our stockholders. Marcus, executive chairman and founder of Alexandria Real Estate Equities, Inc.

Equity 79

Equity Commercial Finance Technology 79

Housing Wire

AUGUST 31, 2023

Mars Bank — an independent community bank in Pennsylvania — offers mortgage lending, retail and commercial banking in six locations throughout the state. In its mortgage division, the bank offers construction, purchase loans, home equity loans as well as HELOCs in addition to providing consumer loans, wealth management and merchant services.

Banks 351

Banks FHA loan Lending Equity 351

Housing Wire

FEBRUARY 3, 2022

Amid higher rates, lower volumes, and fiercer competition , Santander Bank decided it will stop originating residential mortgages and home equity loans in the United States. On Wednesday, the bank announced that it will consider applications for residential mortgage or home equity line of credit (HELOC) on the portal EZApply only until Feb.

Banks 441

Banks Mortgages Fixed-rate mortgage Equity 441

Realty Biz

SEPTEMBER 25, 2023

Commercial real estate has long been considered a pillar of stability and prosperity. Consequently, office space vacancies have surged, leading to a substantial decrease in rental income for commercial property owners. Furthermore, many of them have depleted equity, exacerbating the situation.

Commercial 71

Commercial Lending Banks Investor 71

Real Trends

SEPTEMBER 7, 2022

In recent years, more women have been making serious strides in commercial real estate, and women-owned businesses are on the rise. According to a 2020 Commercial Real Estate Women (CREW) report , women made up just 36% of the industry, while women holding executive positions only amounted to 9%. Greater gender equity is key.

Commercial 76

Commercial Equity Industrial Finance 76

Housing Wire

MARCH 7, 2024

Upward adjustment The Kroll Bond Rating Agency (KBRA) issued a recent report covering what it calls RMBS 2.0 — encompassing the prime jumbo, nonprime/non-QM and home equity lending space, as well as credit-risk transfer deals. The report revealed that January 2024 PLS issuance totaled $7.5 billion, up 81% from the same month last year.

Investor 374

Investor As-is Commercial Equity 374

Housing Wire

APRIL 4, 2023

Rithm, a New York-based asset manager, is opening an office in London to seek equity and debt investments across the real estate and consumer finance sectors, the company announced on Monday. Migliara is a veteran of asset-backed securities, consumer lending platforms, and residential and commercial real estate.

Commercial 318

Commercial Lending Equity Banks 318

Realty Biz

OCTOBER 25, 2023

Stoic Equity Partners has recently added Brent Barkin to its team. In his new role at Stoic Equity Partners, Barkin will be responsible for overseeing investor outreach and sponsorship opportunities. Stoic Equity Partners, founded by Jeremy Friedman and Grant Reaves, is a commercial real estate investment firm based in Daphne, Alabama.

Equity 62

Equity Development Commercial Branding 62

Marco Santarelli

MAY 15, 2023

The commercial real estate market is currently facing a looming crisis that experts predict could surpass the challenges experienced during the 2008 financial downturn. Additionally, with a significant number of commercial mortgages due for refinancing in the coming years, the situation is becoming increasingly precarious.

Commercial 64

Commercial Marketing Lending Banks 64

Housing Wire

APRIL 10, 2024

The company also provides commentary for its fourth quarter 2023 financial performance, assesses its market advantages and offers an assessment of impacts stemming from changes in Ginnie Mae ’s Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program.

Investor 390

Investor Bankruptcy Finance Equity 390

Realty Biz

MAY 21, 2021

And that’s exactly what investors are betting on, causing prices to rise in the commercial real estate market as they snap up long-vacant office buildings in anticipation of demand. As a result, commercial real estate prices have risen by 7% on average since July. The Dallas-based travel technology firm Sabre Corp.

Commercial 113

Commercial Investor Equity Principal 113

Realty Biz

JANUARY 27, 2022

Commercial real estate sales in the U.S. The report said commercial property sales hit a record-breaking $809 billion last year, almost double that of 2020’s total sales. Real estate and private equity investors are still flush with cash and banking on more commercial property investments in 2022, The Wall Street Journal reported.

Commercial 94

Commercial Sales Investor Equity 94

Housing Wire

MARCH 20, 2023

Flagstar, the 19th-largest mortgage lender in the country, acquired $38 billion in Signature’s assets, including approximately $25 billion in cash and $13 billion in loans, which were exclusively commercial and industrial loans. New York Community Bancorp announced a $2.6 JPMorgan was the leader with $20 billion and an 18% share.)

Banks 357

Banks Lending Commercial Loans 357

Housing Wire

FEBRUARY 7, 2022

Pink slips will start arriving for Santander Bank ’s employees working in the mortgage and home equity businesses following the bank’s announcement to stop originating such loans in the United States. the retail and commercial businesses, has around 9,000 employees. The decision will not impact the commercial mortgage business.

Mortgages 367

Mortgages Banks Equity Residential 367

Housing Wire

APRIL 18, 2023

Mortgage, home equity business Its mortgage business, however, reported disappointing numbers, an issue led by elevated 30-year fixed mortgage rates. The bank’s home equity originations remained flat in the first quarter, posting $2.6 billion in home equity loans. The home equity portfolio was $26.5 below the $16.4

Banks 320

Banks Mortgages Equity Loans 320

Housing Wire

FEBRUARY 7, 2024

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate loans. The bank’s capitalization, as measured by its common equity tier 1 (CET1) ratio, fell to 9.1%

Mortgages 381

Mortgages Banks Marketing Commercial 381

Realty Biz

JULY 14, 2022

Equity waterfall models are one of the most difficult real estate finance concepts to understand. commercial retail buildings. A sound commercial real estate investment strategy can pay off, but you need to know what you’re working with. XIRR and the Equity Multiple are also used. What is the Waterfall Investment Model?

Commercial 91

Commercial Investor Equity Loans 91

Housing Wire

OCTOBER 26, 2023

Yearly decreases were reported across the commercial, purchase and refinance segments, with purchase order volume take the largest hit, dropping by over 7,000 opened orders to 53,506 orders. This category includes things like home equity loans and lines of credit. .

Title 330

Title Commercial Equity Residential 330

Housing Wire

MAY 25, 2023

loans, adjustable rates, and home equity, among others. The firm, which operates a network of six consumer and commercial banks in North Central Texas, claims it has a $20 billion servicing portfolio. According to its website, Colonial offered fixed-rate loans, Federal Housing Administration (FHA) loans, U.S.

Mortgages 371

Mortgages FHA loan Loan Officer Banks 371

Realty Biz

MARCH 21, 2022

Headquartered in London, Savills advises corporate, institutional, and private clients wanting to buy, lease, develop, or invest in the value of residential and commercial property in the world’s key markets. Other highlights included commercial transitions being up by 31%, with residential deals growing by 11% yoy.

Commercial 81

Commercial Residential Equity Development 81

Marco Santarelli

APRIL 23, 2024

This biannual Financial Stability Report , published in April 2024, raises concerns about both the residential and commercial sectors , highlighting potential risks to financial stability. Commercial Real Estate: A Different Story The commercial real estate landscape paints a contrasting picture, with property values currently depressed.

Commercial 105

Commercial Residential Equity Banks 105

Housing Wire

JANUARY 31, 2023

First Internet Bank will end its direct-to-consumer operations in the first quarter of 2023 and shifts its focus to origination efforts on its floating rate loan products — most notably its commercial construction and small business lending — as well as its higher-yielding fixed rate programs, such as franchise finance. million.

Banks 403

Banks Mortgages Lending Commercial 403

Housing Wire

JANUARY 17, 2024

The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ). And after years of advertisements and TV commercials promoting the benefits of better-known reverse mortgage loan uses like continuing to live in your current home while tapping your home equity, 4 who could blame them?

Finance 441

Finance Seller concession Loan Officer Loans 441

C4D Crew

APRIL 13, 2022

Commercial real estate investing can be much hairier than residential. Thankfully, commercial real estate investing returns are normally much higher than residential real estate investing returns, making the slog to selling a property worth it in the end. Consider this your MBA in passive commercial real estate investing. .

Commercial 52

Commercial Investor Equity Due diligence 52

Housing Wire

AUGUST 11, 2023

This year’s adverse scenario requires a 38% decline in home prices, a 40% reduction in commercial real estate prices, and a severe global market shock with the GSE’s largest counterparty defaulting.

Commercial 332

Commercial Finance Equity Design 332

Housing Wire

FEBRUARY 11, 2021

billion in cash flow operations, a return on equity of 14.9%, and a 15.7% Total commercial revenue was $226.6 Looking ahead, Gilmore said he is encouraged by the rebound in the commercial market in the fourth quarter and expect First American’s commercial business performance to improve throughout 2021.

Title 429

Title Commercial Closing Equity 429

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. ” Tapping that equity. ” Just a little less vanilla. .

Mortgages 394

Mortgages Equity Loans Seller concession 394

Realty Biz

MARCH 17, 2021

However, one option that’s always going to remain popular is commercial real estate (CRE). In that case, commercial real estate is an excellent place to start due to its high-income potential, tax benefits, relatively less competition, and less turnover, among other things. Suppose you want to expand your investment portfolio.

Commercial 86

Commercial Hard money loan Loans Equity 86

Housing Wire

JANUARY 4, 2023

Finance of America closed its forward mortgage origination unit in October to invest in the company’s reverse and commercial originations, lender services and portfolio management segments. That same month, Guaranteed Rate also added home equity line of credit (HELOC) options for homeowners.

Finance 370

Finance Commercial Loans Title 370

Housing Wire

OCTOBER 23, 2020

In his most recent role, Morillo was the managing director and head of equity quantitative research at Citadel , where he was responsible for the research and analytics that underlie much of the firm’s equities platform.

Equity 360

Equity Commercial Development Technology 360