Housing Wire

APRIL 30, 2024

After the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program late last year, the reverse mortgage industry expressed a lot of excitement. AARP applauds HUD’s update to its Home Equity Conversion Mortgage for Purchase Program which keeps vital consumer protections in place,” Jones said.

Mortgages 332

Mortgages Closing costs Equity Construction 332

Housing Wire

JANUARY 23, 2024

It’s a delicate balance between interest rates and equity. If rates drop and equity levels rise, homeowners may be more inclined to release their properties into the market, capitalizing on the accrued equity to offset higher interest rates. The second avenue for expanding inventory is new construction.

Agents 423

Agents Equity New Construction Days on market 423

Housing Wire

NOVEMBER 2, 2023

According to its website, Trustar Bank offers 7/1 and 10/1 adjustable rate mortgages ( ARMs ), consumer construction loans and home equity line of credits. It has 18 mortgage loan officers , per the National Multistate Licensing System (NMLS).

Banks 381

Banks Mortgages Loan Officer Loans 381

Housing Wire

MARCH 12, 2024

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans.

Lending 358

Lending Technology Loans Equity 358

Housing Wire

JANUARY 9, 2024

Here are a few trends in financing that will continue to catalyze the construction of more ADUs: Expanded access to mortgage financing The Federal Housing Authority announced a new policy in October 2023 that has made it easier to finance construction of new ADUs, as well as making it more achievable to buy or refinance a house with an existing ADU.

Finance 455

Finance Construction Loans Renovation 455

Realty Biz

AUGUST 5, 2023

Buying a new construction home has its pros and cons. There are also limitations regarding changes during construction and potentially longer commutes from commercial areas and schools. Locating a cheap house to build often means deviating from standard new construction. Different types of new homes can be less expensive.

New Construction 72

New Construction Construction Equity Commercial 72

Housing Wire

JANUARY 22, 2024

Construction Coverage , a company that reviews construction software, insurance, and financial products in order to assist property builders, recently released a new report taking a closer look at the divide between baby boomers’ and younger generations’ shares of metropolitan housing markets according to reporting at the Chicago Sun-Times.

Marketing 328

Marketing Construction Equity Mortgages 328

Housing Wire

JANUARY 26, 2024

A Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) requires a borrower to be at or over the age of 62 to qualify for a loan, making baby boomers most of the new qualifying candidates for a HECM. A new report from Construction Coverage sourced by its researchers and data from the U.S.

Marketing 394

Marketing Equity Construction Loans 394

Toronto Realty Blog

JULY 4, 2023

TorontoRealtyBlog Do you remember the good old days of pre-construction condominiums? I remember when, among other things, you could purchase a pre-construction condo with a mere 5% deposit. That was the reason to buy pre-construction condos back in 2004, not to mention that absurd 5% deposit structure. And that was it.

Construction 75

Construction Development Brokerage Equity 75

Housing Wire

NOVEMBER 21, 2023

Its portfolio includes construction to perm, renovation financing, builder programs and home equity line of credits , among others. ” Correia highlighted CMG’s products as a reason for Shamrock choosing the company.

Loan Officer 358

Loan Officer Lending Loans Finance 358

Realtor.com

NOVEMBER 17, 2022

Many homebuyers may find the added expense of new construction well worth it, due to the money they stand to save on renovations and repairs that might crop up in an older home. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.

New Construction 126

New Construction Construction Development Renovation 126

Realtor.com

JANUARY 2, 2023

While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. With that in mind, we’re here to set the record straight on some easily busted new-construction myths that just won’t quit. New construction homes are more expensive.

New Construction 105

New Construction Construction Pre-approval Inspection 105

Housing Wire

APRIL 3, 2024

It has constructed a servicing platform while adding multi-asset originations and asset management capabilities. Messina went on to describe the company having “steadily grown” its mortgage servicing and subservicing portfolios.

Branding 317

Branding Mortgages Staging Equity 317

RIS Media

DECEMBER 10, 2020

CoreLogic® recently released the Home Equity Report for the third quarter of 2020. homeowners with mortgages (which account for roughly 63 percent of all properties) have seen equity increase by 10.8 This marks the largest average equity gain since the first quarter of 2014. The report shows U.S. percent to 1.6

Equity 108

Equity Mortgages Renovation Construction 108

Housing Wire

OCTOBER 14, 2021

These drastic increases in price, mean that longtime homeowners have seen massive equity gains, giving them more cash to use toward a potential new home, giving them an advantage in a bidding war against younger buyers who may be trying to purchase their first home. “And

Equity 539

Equity Construction Marketing Agents 539

Real Trends

MARCH 29, 2023

Here are a few trends and predictions I see happening with new construction buyers: Don’t expect massive price drops Here’s the reality: We will not see the massive price drop that occurred between 2008 and 2011. The post Opinion: will we see massive price drops in new construction? appeared first on RealTrends.

New Construction 89

New Construction Construction Banks Development 89

Norada Real Estate

JANUARY 27, 2023

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. They are the owner and seller.

New Construction 52

New Construction Construction Probate sale Investor 52

Housing Wire

APRIL 1, 2024

“To my knowledge, we are the only ones who set this up as a traditional wholesale channel, which makes it easier for these third parties to add it as a product in the suite that they already have access to — all of their agency loans, government loans, jumbo, non-QM, construction. This is just one more arrow in their quiver.”

Loan Officer 363

Loan Officer Loans Mortgages Equity 363

Housing Wire

DECEMBER 29, 2021

Housing permits are growing and this is a good thing for the economy and construction jobs. While I have never been a housing construction boom guy because mature economies typically don’t have a construction boom, the fact that permits are keeping their uptrend is a big positive for the United States of America.

Marketing 528

Marketing Equity Construction Bankruptcy 528

Housing Wire

JANUARY 31, 2023

It will also include the company’s local traditional consumer mortgage and construction-to-permanent businesses. The home equity loans balance was $24.7 The residential mortgage loan balance for First Internet was $383.9 million as of December 31, 2022, a 13.7% increase from the previous quarter and a 51.4%

Banks 399

Banks Mortgages Lending Commercial 399

Housing Wire

APRIL 14, 2023

Additionally, buyers migrated to more affordable locations in low-density areas, allowing them to purchase a home with all cash, if they had housing equity from their past property. Thus, the typical homeowner, who owned their home for a decade, had more than $200,000 in housing equity to make a trade.

Investor 421

Investor Equity New Construction Mortgages 421

Housing Wire

AUGUST 16, 2022

The company, led by Alan Qureshi , says its self-service technology is “able to replicate any investor pricing and modeling construct in real time to provide a unique solution tailored to its clients, including private equity investors and investment banks.”

Technology 302

Technology Equity Investor Construction 302

Housing Wire

APRIL 27, 2021

The companies entered into a joint venture that puts $250 million of equity into single-family rental homes. billion equity infusion from investors including Centerbridge and Allianz Real Estate.

Equity 360

Equity Renovation Construction Investor 360

Housing Wire

FEBRUARY 28, 2024

While Longbridge had a lower origination volume on a quarterly basis, largely due to seasonal and macroeconomic factors, “tighter yield spreads and lower interest rates did improve gain on sale margins” for both Home Equity Conversion Mortgages (HECMs) and proprietary products.

Mortgages 364

Mortgages Investor Equity Branding 364

Housing Wire

FEBRUARY 1, 2022

Class Valuation, which itself is owned by private equity firm Gridiron Capital, said the acquisition of Metro-West would fit into its larger strategy of fusing tech tools such as automation and 3D measurements to help clear the well-documented capacity issues in appraisal. There’s been a surge in private equity investment in the U.S.

Equity 311

Equity Residential Construction Mortgages 311

Housing Wire

SEPTEMBER 27, 2023

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. About 37% of respondents were spending money in social media and 34.8%

Mortgages 388

Mortgages Marketing Banks New Construction 388

Housing Wire

DECEMBER 30, 2022

Mortgage demand picked up in recent weeks due to rates declining to 6% levels and a massive backlog of homes under construction, as mentioned by HousingWire ‘s lead analyst Logan Mohtashami in a recent column. It’s positive news for an industry that has recently dealt with a lackluster amount of inventory. Barnes said.

Loans 391

Loans Renovation Construction Mortgages 391

Keeping Current Matters

OCTOBER 13, 2021

The great news is that the money you need probably already exists in your current home in the form of equity. Home Equity Is Skyrocketing. The record-setting increases in home prices over the last two years dramatically improved homeowners’ equity. Waiting to leverage your equity will probably mean you’ll pay more to do so.

Renovation 273

Renovation Equity Mortgages Design 273

Housing Wire

JULY 20, 2023

Build a home instead of chasing after the scarce resale inventory 30% of available homes are new construction, so there are several advantages to this option. Your client can get their home on the market a few months before construction is complete and not have to move twice. Builders are closing loans in the 4.5 range currently!

Equity 278

Equity MLS Construction Agents 278

Housing Wire

JANUARY 6, 2022

Homebuilders responded to the shortage of homes for sale, accelerating new home construction, even as they face severe supply-side challenges, including rising building material costs and supply-chain bottlenecks, a lack of affordable lots, and difficulty in finding skilled labor. What about existing homes?

Construction 500

Construction New Construction Equity Sales 500

Housing Wire

JULY 25, 2022

The bank offers conventional loans, FHA , VA , USDA , construction, bridge loan, cash-out refis, home equity, land and mobile home loans, according to its website. HousingWire sent an email to Witherspoon seeking additional details, such as the reason for the layoffs, but did not immediately get a response. .

Banks 346

Banks Loan Officer Loans Lending 346

Housing Wire

DECEMBER 2, 2020

Plus, construction starts are projected to increase 9% over 2020. However, even if new construction jumps at a 9% clip, it’s not enough to sap the continual rise in home prices. With less cash and no home equity, millennial and Gen Z first-time buyers will be impacted the most by rising home prices and interest rates,” Hale said.

Marketing 515

Marketing Construction New Construction Equity 515

Marco Santarelli

APRIL 6, 2024

However, persistent demand may have finally incentivized some to capitalize on their home equity, facilitating downsizing or relocation. Adaptation in Construction: The construction industry, faced with challenges precipitated by the pandemic, has adapted remarkably.

Marketing 111

Marketing New Construction Construction Equity 111

Marco Santarelli

APRIL 15, 2024

Homeowner Equity Another significant factor is the overall healthier balance sheet among homeowners. Many homeowners have built up substantial equity in their homes, which acts as a buffer against market fluctuations. This has helped prevent the over-supply issues that contributed to the housing market crash in 2008.

Marketing 105

Marketing Equity Lending Construction 105

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters. The White House estimates that this “will raise an additional $3.79

Construction 532

Construction Closing costs Renovation Title 532

Brownstoner

JUNE 7, 2021

Construction has started at the future Red Hook warehouse that will soon be home to an Amazon distribution center.

Construction 128

Construction Equity Development 128

Housing Wire

MAY 4, 2023

“I haven’t seen a dry spell like this in the time I’ve been in business,” Bob Yopko, president of First Equity Residential Mortgage , said of this year’s spring homebuying season. Due to limited options available on the market, buyers are increasingly turning to newly constructed homes, Xu added.

Mortgages 366

Mortgages Loans Residential Equity 366