Housing Wire

AUGUST 16, 2024

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. The number of home purchases by investors rose 3.4% While investors are still sensitive to mortgage rate changes, they are less sensitive than consumer buyers as 69% of investors pay in cash.

Investor 461

Investor Lending Equity Mortgages 461

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 461

Equity Finance Purchase and sale agreement Investor 461

Housing Wire

FEBRUARY 21, 2024

Pretium’s new fund came on the heels of private equity giant Blackstone’s decision in January to acquire Tricon Residential in a deal valued at around $3.5 But 2024’s deals show investor interest has persisted. Similarly, construction has slowed but remains elevated.

Investor 489

Investor Construction Commercial Sales 489

Housing Wire

NOVEMBER 27, 2023

Veev said at the time that the funding would be used to scale its operations, accelerate its research and development, and expand construction into new markets. Investors featured leading Israeli institutional investors, such as Migdal Insurance , Psagot Investment House , More Investment House , and Shavit Capital.

Bankruptcy 477

Bankruptcy Inspection Investor Staging 477

Housing Wire

SEPTEMBER 26, 2024

Rising construction costs : Supply chain issues and labor shortages have escalated building costs. Investor activity : Institutional investors purchasing single-family homes for rentals have reduced inventory for individual buyers. Borrowers can pay more during high-income months to reduce interest and build equity faster.

Mortgages 483

Mortgages Equity Investor Loans 483

Housing Wire

JANUARY 9, 2023

Construction starts in the BFR market are being propelled by the ongoing demand for single-family rental units as high mortgage rates and limited for-sale inventory push home-purchase prospects further out of reach of many would-be homebuyers. Redfin defines investors as any institution or business that acquires residential real estate.

Marketing 545

Marketing Construction Development Investor 545

Housing Wire

JULY 8, 2024

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. Its product mix includes fix-and-flip loans, bridge loans and construction loans.

Residential 427

Residential Lending Finance Investor 427

Housing Wire

JANUARY 10, 2022

And if three hikes in the federal funds target come to pass, initial rates on ARMs, HELOCs and construction loans (often linked to the bank prime) will likely increase from one-half to three-quarters of a percentage point. for 30-year fixed-rate loans. 2022 should be a strong year for housing.

Marketing 545

Marketing FHA loan Fixed-rate mortgage Loans 545

Housing Wire

AUGUST 16, 2022

Blue Water provides asset valuation, MSR distribution, MSR hedging and digital solutions to MSR investors and mortgage lenders. ” Blue Water is controlled by Rice Park Capital Management , a private equity firm headquartered in Minneapolis. .” Qureshi will continue to lead Blue Water following the acquisition, Voxtur said.

Technology 391

Technology Equity Investor Construction 391

Housing Wire

MARCH 19, 2021

Lennar’s focus on its strategic investments and homebuilding comes amid historic inventory lows , construction worker shortages, near-record low mortgage rates and incredible demand. Total construction costs are down 0.7% Given the apartment business has ~$1 bln of invested equity today, this suggests at least $1.5

Land 529

Land Development Equity Construction 529

Housing Wire

APRIL 14, 2023

The share is collected monthly in the Realtors Confidence Index and includes buyers who purchased primary homes, vacation homes and investors. 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.

Equity 451

Equity Investor New Construction Mortgages 451

Housing Wire

APRIL 22, 2021

A year after issuing its first Single-Family Green Mortgage Backed Security on Earth Day 2020, Fannie Mae has now completed 25 transactions for the program, totaling $167 million in bonds backed by mortgages on newly constructed, energy-efficient homes. but are well-established in Europe. “Our

Fixed-rate mortgage 439

Fixed-rate mortgage Finance Investor Loans 439

Housing Wire

OCTOBER 2, 2024

Mullen explains that in the 1980s, investment firms focused on securitizing small assets to make them available for institutional investors. Burns follows up with a question on how Pretium’s construction lending platform sets them apart, as well as the company’s interest in land banking. Mullen shares that the company raised $1.5

Lending 451

Lending Banks Loans Residential 451

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. In addition to operations losses, Opendoor has a negative investing cash flow of $476 million. Additionally, the company has $5.7

Title 451

Title Investor Finance Brokerage 451

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 370

Equity Renovation Construction Investor 370

Housing Wire

NOVEMBER 2, 2021

California-based Anchor Loans, founded in 1998, provides capital for professional residential real-estate investors through bridge and construction products. According to the transaction terms, American Equity Investment Life Insurance Company provided financing for the deal and acquired $1 billion of loans originated by Anchor.

Loans 383

Loans Finance Residential Investor 383

Housing Wire

MAY 26, 2022

The Baby Boomers are not selling their homes en masse, and we have more investors providing shelter for renters than before. We have more housing starts under construction now than in recent history! We have a lot of multifamily construction going on that won’t help the homebuyer. This is true except for one big reality!

Construction 526

Construction Bankruptcy Sales House Flipping 526

Housing Wire

NOVEMBER 30, 2021

The amount of equity in these loans, the underwriting, the guardrails around ATR have proven that this is a real, sustainable product that investors like.”. New construction has been hit hard by supply chain disruptions and materials and labor shortages, and inventory of existing homes is tight. Refinance decline.

Lending 426

Lending Loans Investor New Construction 426

Housing Wire

APRIL 20, 2022

Homepoint’s “New Build program” connects homebuilders with business purpose construction financing through in-region mortgage brokers, with loan amounts up to $4 million per unit or $25 million per project. It’s also assessing a variety of other products to service a market that is now heavily purchase-focused.

Loans 392

Loans Lending Construction Banks 392

Housing Wire

OCTOBER 17, 2023

Still, even in this difficult-to-agonizing supply-challenged housing market, SFR and fix-and-flip investors, which both target existing-home inventory, are still finding ways to make a profit — at a thin margin in most cases, but a profit, nonetheless. That’s particularly true for mom-and-pop investors across both market segments.

Investor 440

Investor Finance Loans Renovation 440

Housing Wire

DECEMBER 15, 2021

Bill Dallas: As construction and labor costs have climbed, so, too, have home prices. We’re mortgage and home equity advisers who can show borrowers how to take a holistic approach to understanding how their home financing decisions impact their overall financial wellness. That value lies primarily in our knowledge and expertise.

Finance 411

Finance Construction Loans Equity 411

Housing Wire

FEBRUARY 28, 2024

In a response to a question from an investor during a recent earnings call, Penn said that the company remains strongly committed to Longbridge and the reverse mortgage business. Penn reminded investors on the call that Ellington reports Longbridge’s origination income as a component of its adjusted distributable earnings.

Mortgages 440

Mortgages Investor Equity Branding 440

Housing Wire

FEBRUARY 18, 2022

Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. That translates to just 1.6 months of supply; a healthy market generally has between four and six months of supply.

Sales 427

Sales New Construction Equity Construction 427

Housing Wire

JULY 19, 2024

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.”

Development 451

Development Industrial Mortgages Fixed-rate mortgage 451

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 440

Mortgages Marketing Banks New Construction 440

Housing Wire

AUGUST 31, 2022

In 2019, they teamed up to make a $450 million equity commitment to develop 2,000 new “build-for-rent” homes. Tricon is contributing to a nationwide surge in single-family build-for-rent (SFBFR) construction. Toronto-based Tricon Residential Inc., This latest deal represents the second joint venture between Tricon and ASRS.

Marketing 392

Marketing Construction Residential Development 392

Housing Wire

OCTOBER 20, 2020

He said Freddie Mac was looking at ways of reducing building costs, developing ways to incentivize private investors to build affordable housing, and how to qualify more borrowers for mortgage financing. Overcoming the challenges of zoning and job opportunities are key to building affordable housing , Frater noted.

Land 506

Land Principal Mortgages Equity 506

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 427

Loans Renovation Construction Mortgages 427

Housing Wire

NOVEMBER 28, 2023

Launch a government-funded affordable housing awareness campaign Home equity is the primary source of wealth for most Americans. The cost of labor has skyrocketed in recent years, driven by shortages in the construction workforce. So of course, all homeowners want the value of their property to be stable and even increase over time.

Land 488

Land Construction Real-estate owned Equity 488

Housing Wire

JULY 22, 2021

Ideally, the costs for a home would rise roughly in line with income growth, which is likely to happen in 2022 as more listings and new construction become available.”. ” Individual investors or second-home buyers, who account for many cash sales, purchased 14% of homes in June, down from 17% in May and up from 9% in June 2020.

Sales 506

Sales New Construction Equity Construction 506

Housing Wire

JANUARY 11, 2023

Licensed in five states — Colorado, Florida, Oregon, Tennessee and Texas — the lender has two sponsored LOs and offers conforming, FHA, jumbo, construction loans, Home Equity Line of Credit (HELOC), and cash-out refis in addition to non-QMs.

Lending 440

Lending Mortgages Marketing Loans 440

Housing Wire

SEPTEMBER 22, 2023

For one thing, no fixed-income investor thinks that mortgage-backed securities with 7% mortgage rates will be there when the Fed finishes the inflation fight. So you’re having to encourage investors with wider spreads to accept that. For existing homeowners, that’s good news because it means equity accumulation.

FHA loan 469

FHA loan Bankruptcy Marketing Loans 469

Housing Wire

AUGUST 3, 2023

This has driven meaningful share gains for new construction,” she added, “with the percentage of new-home listings more than doubling from long-term norms to over 30% of the market.” We believe this lack of existing homes on the market is pushing prospective buyers toward new homes, bolstering sales and construction,” he added.

Land 370

Land Construction Development Finance 370

The Close

NOVEMBER 12, 2024

Inexpensive entry: Vacant land can be affordable to buy, and if you wait for it to appreciate, you can build equity. Make sure to research potential restrictions and requirements, which frequently include: Building moratoriums: This legal restriction stops the construction of all building projects on a piece of land.

Land 98

Land Investor Finance Development 98

Housing Wire

SEPTEMBER 11, 2024

Growing the business During the first seven months of this year, CMG has seen a 500% yearly increase in its Home Equity Conversion Mortgage (HECM) volume. We built out an operations group, switched over and made arrangements with a couple of different investors so we could lend in our name,” Kirksey said.

Mortgages 440

Mortgages Loan Officer Lending Loans 440

Toronto Realty Blog

APRIL 3, 2025

Here’s the article: “This Condo Investor Is Being Sued For $860,000 For Failing To Close. As time went on, prices rose level, and pre-construction prices eventually surpassed that of resale, which made zero sense in this humble real estate broker’s opinion, but people kept buying. It’s absolute nonsense.

Construction 77

Construction Development Purchase and sale agreement Banks 77

Keeping Current Matters

AUGUST 18, 2021

An article from the Wall Street Journal shows this is true for new home construction: “ Home builders have sold more homes than they can build. Whether you’re a homeowner or an investor, real estate builds wealth through growing equity year-over-year. Today, that equity buildup is substantial. Horton Inc.

Equity 324

Equity Principal Sales Construction 324