Housing Wire

MARCH 12, 2025

Evergreen Home Loans has expanded into New Mexico , opening branches in Albuquerque and Carlsbad. provides origination, funding and servicing for home loans. As we continue our expansion, our focus remains on delivering home financing solutions that put our clients first.

Loans 305

Loans Construction Finance Mortgages 305

Housing Wire

MARCH 30, 2023

Achieving [these] goals will also help encourage community banks to expand their construction-to-permanent mortgage lending activity, especially in small towns and rural markets.”

Construction 384

Construction Loans Banks Lending 384

Housing Wire

JANUARY 9, 2024

Heading into 2024, there are continuing and emerging financing options, grant programs and legislation all designed to help homeowners and builders create much-needed infill housing. These will help on the margin, but we still need smart lenders to help create even more robust financing options for ADUs.

Finance 485

Finance Construction Renovation Loans 485

Housing Wire

JANUARY 31, 2025

Evergreen Home Loans , which is based in Washington state and has a presence in seven Western states, announced a major expansion of its footprint on Friday. John Porath “John’s leadership and ability to connect with loan officers will be instrumental in driving our core conviction of growth and success for the region.

Loans 284

Loans Loan Officer Construction Banks 284

Housing Wire

MAY 21, 2025

Department of Agriculture (USDA) home loans, which are meant to assist underserved regions. USDA loans are much stricter, with eligibility based on total household income, Vehige said. New construction, a potential solution to inventory shortages, is also hard to finance in rural regions.

New Construction 312

New Construction Banks Lending Construction 312

Housing Wire

MARCH 1, 2024

HousingWire is excited to introduce the winners of the 2024 Finance Leaders award, recognizing the top finance executives in housing who are driving financial performance, expanding margins, improving liquidity and helping their businesses access the capital markets. The 2024 Finance Leaders exemplify excellence.”

Finance 439

Finance Principal Construction Title 439

Housing Wire

JANUARY 30, 2025

We’re looking at product expansions and introducing products that we have or through our sister company Anchor Home Loans , which specializes in residential transition loans (RTLs). For example, 30% of purchase transactions were new construction last year. trillion, followed by auto loans at $1.1

New Construction 279

New Construction Construction Marketing Equity 279

Housing Wire

OCTOBER 24, 2024

But only about 17,000 delinquent loans completed the foreclosure process in the second quarter of 2024, almost one-third of the nearly 45,000 that completed the foreclosure process in Q1 2020. Often, the best available option for staying in the home is through a loan modification or some other type of repayment plan with the bank.

Bankruptcy 421

Bankruptcy Equity Hard money loan Finance 421

Housing Wire

NOVEMBER 28, 2023

The Federal Housing Administration (FHA) is increasing the “floor” and “ceiling” FHA loan limits in 2024 to $498,257 and $1,149,825, respectively, the FHA announced Tuesday. The new FHA loan limits apply to forward mortgages for a one-unit property and take effect on Jan.

FHA loan 479

FHA loan Loans Finance Lending 479

Housing Wire

DECEMBER 4, 2024

It’s the ninth straight year that the limit will increase based on home-price appreciation levels, which feeds into a single, national limit for all HECM loans. Overall, we feel that this is positive as it helps to expand the industry to even more individuals that can benefit from a reverse loan,” Sciandra said.

Mortgages 384

Mortgages Equity Lending Loans 384

Housing Wire

JANUARY 28, 2025

Apollo orchestrated this transaction and now our partnership through Newfi provides the financing needed to grow this business and scale it to a higher level. It’s a complete financing solution that helps us ramp up and scale our production in the BPL sector. Could you share how this move puts Dunmor at the forefront of that?

Residential 341

Residential Lending Finance Banks 341

Housing Wire

MAY 21, 2025

Founded in 2022 as a spinoff from Airbnb , Samara has broader goals to revolutionize housing construction with a streamlined, cost-efficient model one that founder and CEO Mike McNamara believes could be a meaningful piece of a much larger national puzzle. Its ADUs are constructed entirely off-site in a factory environment.

Construction 336

Construction Finance Development Industrial 336

Housing Wire

SEPTEMBER 29, 2020

According to the Global Alliance for Buildings and Construction , over 20% of the world’s greenhouse gas emissions are produced by the buildings in which we live and work. Once thought of as a niche “specialty” product, green financing comprised approximately 25% of the GSEs total multifamily production in 2019.

Loans 384

Loans Finance Construction Mortgages 384

Housing Wire

MAY 12, 2021

Since the client began the search for her dream home earlier this year, her Veterans Affairs mortgage loan offers have been rejected over a dozen times. Williams, the broker-owner of We Save Loans , said her client has all but given up on buying an existing home with VA financing. The rest of this content is for HW+ members.

Loans 432

Loans FHA loan Mortgages Construction 432

Housing Wire

JANUARY 16, 2024

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors. Anchor Loans was acquired by investment firm Pretium in November 2021.

Loans 441

Loans Investor Banks Finance 441

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending 237

Lending Equity Banks Construction 237

Housing Wire

JANUARY 31, 2023

Scott Miller, a former mortgage loan originator at Sprout Mortgage , knew the clock was ticking when the non-qualified mortgage (non-QM) lender abruptly closed doors in July 2022. In turn, thousands of loan originators could soon be looking for a new lender to hang their license. Go [Mortgage] was on that list,” Reich said.

Loans 397

Loans Mortgages Loan Officer Pre-approval 397

Housing Wire

OCTOBER 31, 2023

The Mortgage Bankers Association (MBA), the Community Home Lenders of America (CHLA), and the Manufactured Housing Institute (MHI) submitted a joint letter advocating for more mortgage financing options for manufactured homes to the U.S. Department of Agriculture (USDA).

Loans 410

Loans Finance Construction Mortgages 410

Housing Wire

NOVEMBER 26, 2024

The Federal Housing Administration (FHA) is increasing the “floor” and “ceiling” FHA loan limits in 2025 to $524,225 and $1,209,750, respectively, the agency announced Tuesday. The new FHA loan limits apply to forward mortgages for a one-unit property and take effect on Jan. Virgin Islands account for higher construction costs.

FHA loan 370

FHA loan Loans Finance Lending 370

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.

Construction 534

Construction Closing costs Renovation Title 534

Housing Wire

JANUARY 24, 2025

Under the terms of the investment, Newfi will continue to provide an initial financing facility to expand Dunmors origination capacity. It offers four types of RTL products bridge, fix and flip , ground-up construction and debt-service-coverage ratio (DSCR) loans.

Equity 352

Equity Lending Residential Branding 352

Housing Wire

JANUARY 4, 2023

More than 160 employees from the now-shuttered Finance of America Mortgage have landed at Go Mortgage , a Columbus, Ohio-based lender. When Finance of America announced their closure, we started searching around,” Reich said. “Refis are the easier product of the industry,” Reich said. “We Go Mortgage originated $753.2

Mortgages 496

Mortgages FHA loan Loan Officer Construction 496

Housing Wire

APRIL 1, 2024

When Hometap launched in 2017, the Boston-based fintech offered an unorthodox answer to this question for homeowners looking for an alternative to a loan. In addition to that, conventional underwriting does not serve the new-age economy such as gig workers, so you are seeing this demand for alternative financing. “And

Equity 440

Equity Finance Purchase and sale agreement Investor 440

Housing Wire

SEPTEMBER 14, 2023

Demand for newly constructed homes continues to remain high as existing for-sale inventory remains historically low. Despite the 30-year fixed rate averaging over 7% in August, applications for new home purchase loans increased over the month and from a year ago,” said Joel Kan, MBA’s vice president and deputy chief economist.

New Construction 396

New Construction Construction Mortgages VA loan 396

Housing Wire

FEBRUARY 10, 2025

billion in loans, which the company said marked a 46% year-over-year increase. In July 2024, Kiavi announced its closing of a $350 million securitization of residential transition loans (RTLs), bringing its six-month volume of issuances to nearly $1 billion. In 2024, Kiavi reportedly originated a record $6.5

Lending 259

Lending New Construction Residential Investor 259

Housing Wire

MARCH 26, 2025

On Tuesday, Federal Housing Finance Agency ( FHFA ) Director Bill Pulte announced several policy changes via social media, including the end of special purpose credit programs (SPCPs) and rolled-back enforcement against unfair or deceptive acts or practices (UDAP). The Community Home Lenders of America (CHLA) also supported the reversal.

Mortgages 284

Mortgages Lending Loans Finance 284

Housing Wire

SEPTEMBER 27, 2023

Fueling this increase is new construction, according to Divounguy, even though the 1.3% As more first-time homebuyers are turning to new construction, builders offer smaller, more-affordable homes as well as incentives like interest rate buydowns to tempt buyers off of the fence. Over the past year, the value of the U.S.

Marketing 515

Marketing New Construction Finance Construction 515

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. Archwest provides business-purpose financing for single-family and multifamily homes, as well as mixed-use and commercial properties.

Residential 409

Residential Lending Finance Investor 409

Housing Wire

JULY 23, 2024

According to data at HousingWire ’s Mortgage Rates Center , the average rate for 30-year conforming loans was at 7.01% on Tuesday, down 5 basis points from one week ago and 10 basis points lower than two weeks ago. The rate for 15-year conforming loans averaged 6.66% on Tuesday, compared to 6.79% a week ago. Data from the U.S.

Mortgages 500

Mortgages MLS Finance Loans 500

Housing Wire

NOVEMBER 21, 2023

California-based mortgage lender CMG Financial announced the integration of Shamrock Home Loans’ origination team, which will boost its presence in New England. The group will be branded as Shamrock, Powered by CMG Home Loans. 21, NMLS showed the lender had eight loan officers and 13 branches. year over year.

Loan Officer 418

Loan Officer Lending Loans Finance 418

Housing Wire

APRIL 20, 2021

After months of slogging through a string of disappointments, Patrick turned to a renovation loan and started looking at fixer-uppers. Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities.

Renovation 441

Renovation Loans Construction Finance 441

Housing Wire

FEBRUARY 13, 2025

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans.

Land 210

Land Investor Principal New Construction 210

Housing Wire

JULY 23, 2024

Established in 2021, the company provides short-term bridge loans, fix-and-flip loans and construction financing for residential and multifamily investment properties. The company recently added Tuan Pham as its chief marketing officer and Steve Huff as senior vice president of asset management and servicing.

Lending 405

Lending Banks Residential Construction 405

Housing Wire

MARCH 28, 2024

Thanks to the efficiencies baked into the construction processes of manufactured homes, these factory-built houses are both faster and less expensive to build than site-built homes, saving buyers between $50,000 to $100,000 per unit. Demand for home-only financing is strong; in 2019, there were more than 200,000 home-only loan applications.

Title 450

Title Finance Lending Loans 450

Housing Wire

MARCH 27, 2023

The ongoing banking instability may affect the availability of jumbo mortgages and residential construction loans due to the high concentration of those originations stemming from small and mid-sized banks, Fannie Mae’s Economic and Strategic Research (ESR) Group said. While single-family housing starts rose 1.1%

Banks 384

Banks Lending Fixed-rate mortgage Construction 384

Housing Wire

AUGUST 22, 2024

The Federal Housing Finance Agency (FHFA) on Wednesday updated its capital requirements for private mortgage insurers and allowed rules established during the COVID-19 pandemic to sunset. Companies will have two years to fully implement the changes. Analysts said that companies are well positioned to implement them.

Mortgages 430

Mortgages Commercial Loans Finance 430

Housing Wire

JULY 14, 2022

Non-QM lender Kiavi , which specializes in fix-and-flip and investor loans, has laid off 39 employees, sources told HousingWire on Thursday. Cuts also hit operations, risk and compliance, legal, finance, business operations and marketing teams, according to a presentation held on Wednesday afternoon. .

Loans 397

Loans Construction Finance Investor 397