Housing Wire

APRIL 4, 2025

Saluda Grade , an alternative investment firm with a focus on residential real estate finance, announced this week that it hired Jim Boothby as its head of global business development. Boothby has more than 25 years of experience in credit , business development and investor relations.

Development 239

Development Investor Equity Finance 239

Housing Wire

MARCH 17, 2025

Not wasting any time following his Senate confirmation last week, Federal Housing Finance Agency (FHFA) Director Bill Pulte made a series of major changes to the boards of government-sponsored enterprises Fannie Mae and Freddie Mac according to filings with the Securities and Exchange Commission (SEC). This is a developing story.

Finance 493

Finance Development Mortgages As-is 493

Housing Wire

OCTOBER 21, 2024

The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said. Developers continue to build in these areas with few obvious signs of slowing, the story said. “La The area was still cleaning up from Helene when Milton hit.”

Construction 479

Construction Development Finance Mortgages 479

Housing Wire

JANUARY 9, 2024

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. 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 Loans Renovation 485

Housing Wire

JULY 19, 2024

Ascent Developer Solutions , a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. AscentDS product offerings will include short-term loans to acquire, renovate or build single-family and multifamily properties, as well as post-completion bridge financing.

Construction 431

Construction Development Loans Lending 431

Housing Wire

NOVEMBER 25, 2024

The Federal Housing Finance Agency (FHFA) on Monday unveiled its three-year plan for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to improve housing opportunities in underserved areas. The DTS plans aim to address a lack of liquidity across manufactured housing, affordable housing preservation and rural housing.

Development 421

Development Finance Design Mortgages 421

Housing Wire

OCTOBER 23, 2024

Department of the Treasury ’s Community Development Financial Institutions (CDFI) Fund announced on Wednesday that it has awarded 48 organizations a total of $246.4 million to develop affordable housing and community facilities. territories including Guam and Puerto Rico.

Development 457

Development Finance As-is Lending 457

Housing Wire

APRIL 10, 2025

To help investors survive uncertain times, professionals must understand market trends and develop a game plan for success. Meet Danny van der Reis , a commercial real estate (CRE) finance veteran and executive vice president of servicing and asset management at Arbor Realty Trust.

Investor 441

Investor Commercial Finance Loans 441

Housing Wire

SEPTEMBER 4, 2024

Bosman and Kulvin each have decades of experience in real estate finance and “will strengthen Pretium’s investment team as the firm continues to expand its impact in the residential financial ecosystem,” the company said in its announcement. He had a particular focus on residential developers and homebuilders.

Finance 419

Finance Residential Investor Lending 419

Housing Wire

JANUARY 8, 2025

In the last decade, as more and more homebuyers financed their purchases with mortgage rates in the 4s or lower, an interesting thing happened: We held on to these homes longer and resold them less often. Available inventory of homes for sale fell each year as more and more borrowers had this cheap financing.

Mortgages 466

Mortgages Finance Loans Equity 466

Housing Wire

NOVEMBER 14, 2024

The CBO analyzed data from the Federal Housing Finance Agency (FHFA) data in its report. Fannie and Freddie are also legally mandated to follow housing goals that “serve as benchmarks for measuring how the GSEs facilitate the financing of affordable housing for low-income families,” the report stated.

Loans 536

Loans Finance Mortgages Development 536

Housing Wire

DECEMBER 20, 2024

The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. The goals, originally proposed in August , are largely unchanged from the initial draft.

Finance 488

Finance Loans Mortgages Development 488

Housing Wire

APRIL 25, 2025

Department of Housing and Urban Development (HUD) has reversed a decision to terminate nearly $10 million in technical assistance funding, reinstating two key federal agreements tied to affordable housing efforts. This includes initiatives that help preserve and develop affordable housing nationwide, the organization said.

Finance 335

Finance Development Lending Marketing 335

Housing Wire

JULY 11, 2024

The latest annual report from The Counselors of Real Estate highlights 10 major issues expected to impact the housing industry in 2024, but developers are painfully familiar with at least two of them: labor shortages and skyrocketing capital costs. Energy efficient homes open the door to new and better financing options.

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Development Construction Finance Investor 409

Housing Wire

NOVEMBER 15, 2024

The promotion applies to select homes in various housing developments across multiple cities. Magnolia Ridge, one of the participating housing developments in the Greater Houston deal, is offering $7,500 to $7,500 off select homes , with a few of the homes seeing prices drop from $289,200 to $244,990 and $248,590 to $239,990.

Fixed-rate mortgage 397

Fixed-rate mortgage Closing costs Residential Finance 397

Housing Wire

JUNE 12, 2025

Kobetz, a lifelong Mendocino County resident, transitioned into real estate in 2017 after a career in his family’s motorsports dealership, where he developed sales and finance experience. Founded in 2020 by broker/owner Benjamin Kobetz, the firm will now operate as Century 21 Kobetz Realty.

Branding 381

Branding Brokerage Commercial Development 381

Housing Wire

FEBRUARY 3, 2025

In April 2023, federal auditors were confounded by $3 million in unexplained variances in HACMs balances, and the prior finance team came up with nothing after an investigation lasting nearly two years. But HACM recently appointed Brad Leak to its finance team, moving to make him the CFO last month.

Bankruptcy 360

Bankruptcy Finance Development As-is 360

Housing Wire

OCTOBER 23, 2024

I am driven to develop organizational cultures focused on customer service, competences, and skills. She will also guide MBA’s long-term investment strategies, some of which include technology ; diversity, equity and inclusion (DEI) initiatives; and workforce development. “I

Development 394

Development Finance Equity Technology 394

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.” To get a better idea of the potential impact that HMBS 2.0 I do think [HMBS 2.0]

Development 430

Development Industrial Mortgages Fixed-rate mortgage 430

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. Multifamily developments have been picking up with a very strong start.

Residential 350

Residential Lending Finance Banks 350

Housing Wire

MARCH 6, 2025

Pierpoint has served NAR for nearly four decades, including serving as CFO and as a staff executive to NARs Finance Committee for 20 years. Cenedella previously held the roles of chief operating officer and treasurer for the Womens Tennis Association (WTA), where he was tasked with financial development and member relations.

Finance 370

Finance Commercial Development Technology 370

Housing Wire

MARCH 21, 2025

announced that it had developed a new proprietary product called EquityIQ. Liberty is now poised to reenter the proprietary space against seasoned competitors Finance of America and its HomeSafe product suite, as well as Longbridge Financial and its Platinum line. Twelve years later, what was then known as Ocwen Financial Corp.

Development 201

Development Equity Investor Mortgages 201

Housing Wire

OCTOBER 7, 2024

Freiha joins Opendoor after a three-year stint at Alphabet, where he started as Google ’s vice president of finance and oversaw commerce and payments before moving to capital allocations and planning. Prior to that, he spent 11 years at Intuit in product development roles. Prior to that, he worked in similar roles with eBay.

Technology 420

Technology Finance MLS Title 420

Housing Wire

MAY 2, 2025

The move comes as Enterprise combines its finance and operations functions following the recent departure of former COO Drew Warshaw. Consolidation is intended to streamline leadership and improve coordination across the organizations core divisions, which include capital, community development and housing solutions, leaders said.

Finance 281

Finance Development Branding Banks 281

Housing Wire

NOVEMBER 13, 2024

This “underscores the urgent need for reforms to reshape the nation’s housing finance system so it can help the families that need it most,” NAREB stated. This development has “significant implications for the housing market.”

Pre-approval 397

Pre-approval Mortgages Loans Finance 397

Housing Wire

FEBRUARY 11, 2025

Mortgage lending, small business loans, and investments in local development projects are all driven by local lenders who know their markets, live in their communities, and have a vested interest in the growth of their economies. The FHLBanks are also key players in affordable housing and community development initiatives.

Lending 372

Lending Development Banks Loans 372

Housing Wire

DECEMBER 12, 2024

Kessler also directed the implementation of several professional development several including the eight-month Texas Realtors Leadership Program. He boasts a track record of directing finances, planning and leadership development. Texas Realtors experienced growth across several key areas under Kessler’s leadership.

Development 369

Development Industrial Finance As-is 369

Housing Wire

OCTOBER 25, 2024

Agency loans have limitations such as loan amounts, only allowing up to ten financed properties and they don’t accept five to nine units. We have access to and business purpose financing with loan amounts up to $10 million for builders, developers and experienced real estate investors.

Investor 421

Investor New Construction Construction Loans 421

Housing Wire

JUNE 6, 2025

The new program has $100 million behind it, according to reporting from CBS News , and will be managed by the California Housing Finance Agency (CalHFA). We have developed robust outreach campaigns for borrowers who may be eligible for this program, as well as others such as the Homeowner’s Assistance Fund (HAF) and the D.C.

Mortgages 258

Mortgages Finance Principal Loans 258

Housing Wire

OCTOBER 17, 2024

Better Home & Finance, the parent company of digital lender Better.com , launched its voice-based artificial intelligence loan assistant on Thursday. Better began partnering with big data firm Palantir in 2022 to develop the platform.

Loans 410

Loans Loan Officer Lending Mortgages 410

Housing Wire

JULY 18, 2024

“Foreign capital is a major driver for real estate development around the world, but the US is still ill-equipped to deal with foreign investors. . “Waltz fundamentally reshapes the investment experience in residential real estate for foreign nationals,” Tomer Diara, general partner at Aleph, said in a statement.

Finance 420

Finance Investor Banks Residential 420

Housing Wire

DECEMBER 11, 2024

Department of Housing and Urban Development (HUD)s Office of Policy Development and Research recently published a report that more closely examines the housing needs of older Americans and the pain points that have exacerbated their needs stemming from a national housing crisis. population, on housing demand, according to the report.

Finance 370

Finance Development Equity Banks 370

Housing Wire

NOVEMBER 12, 2024

Dan’s unique expertise positions him at the intersection of technology , asset management, and mortgage finance, perfectly aligning with our vision for the future. . “Dan Wallace is exceptionally well qualified to help lead MAXEX as COO during this exciting phase of our company’s growth,” Decker said in a statement.

Technology 370

Technology Finance Mortgages Lending 370

Housing Wire

DECEMBER 20, 2024

There is a real risk we may see reduced growth in economic development in the state, which has many ramifications. There is also a demolition program, which helps communities and developers pay for the costs to renovate or tear down dilapidated structures and replace them with housing.

Construction 406

Construction Land Development New Construction 406

Housing Wire

NOVEMBER 14, 2024

The team will develop and execute the company’s investment strategies, secondary market activities, and risk management, among other things. compared to the same period in 2023, according to Inside Mortgage Finance (IMF) estimates. Clevaland-based CrossCountry Mortgage originated $25.6 billion in the same period, which was up 10.3%

Mortgages 369

Mortgages Loan Officer Loans Banks 369

Housing Wire

APRIL 3, 2025

In mortgage finance and real estate , the only constant is change. Developing your leadership tenets isn’t about adding complexity; it’s about simplifying and clarifying how decisions get made, how challenges are handled, and how opportunities are pursued. Why is this essential now?

Mortgages 303

Mortgages Technology Industrial Finance 303

Housing Wire

AUGUST 29, 2024

In 2020, a colleague approached her about establishing a Phoenix-based chapter of Women in Insurance and Financial Services (WIFS), an association of financial services professionals who aim to “attract, develop and advance women in an underrepresented profession,” according to the WIFS National website.

Finance 420

Finance Mortgages Equity Development 420