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Deephaven’s Tom Davis: ‘Either you take market share, or someone takes yours’

Housing Wire

If a broker is working with an investor that happens to dabble in non-QM, then they’re not going to get all the best practices we’ve aggregated over the last 12 years. For example, 30% of purchase transactions were new construction last year. New construction has been 33% of all purchase transactions, right?

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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Key non-QM products for 2025 Before 2025 continues, lenders should arm themselves with the right tools for tackling the market: Investor loans Investing is the vehicle to success for homeowners in the market.

Loans 342
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Portrait of a pre-foreclosure peacemaker

Housing Wire

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I He passed down his passion for real estate investing to Sandoval, and he is now giving back by helping to construct a medical building in Mexico.

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Ascent Developer Solutions launches to serve construction loan needs

Housing Wire

Headquartered in Southern California , AscentDS will focus on providing customized financing solutions to single-family and multifamily housing developers and investors across the nation. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We now known as Rithm Capital.

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How two sisters closed $40 million in 2024 “vibe flipping” LA homes

Housing Wire

They find aesthetically challenged homes in coveted LA neighborhoods, crunch the numbers, hire interior designers to renovate them so they look good on Instagram and then list and sell them for a tidy profit. To succeed in renovating luxury homes, you need to understand what buyers want. Sounds too good to be true, right?

Closing 388
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Legacy Group Capital expands consumer financing solutions

Housing Wire

Legacy, one of the few private lenders focused on Residential Transition Loans (RTL) for both business-purpose real estate investors and consumers, is offering flexible financing for homebuyers and homeowners to help them move quickly in the housing market. The Bellevue, Wash.-based

Finance 294
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These markets are attracting the most out-of-state real estate investors

Housing Wire

Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. Those markets I’m able to put a little bit less money in but also make a comfortable amount of return,” said Bijan Green, a Denver-based real estate investor. “A

Investor 545