Housing Wire

APRIL 14, 2023

The Federal Reserve ’s 2019 Survey of Consumer Finances found that the median net worth of a homeowner is approximately $255,000 — more than 40 times that of a renter. First-time homebuyers are the driving force of the housing market and typically utilize low down payment mortgages to achieve homeownership.

Finance 356

Finance Equity Mortgages Principal 356

Housing Wire

MAY 3, 2021

HousingWire’s Finance Leader award recognizes outstanding performers in the finance space. Those rates resulted in record-setting volume for real estate and mortgage companies, and a whole new set of challenges for their finance leaders. The following pages honor HousingWire’s first class of housing finance heavy hitters.

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Finance Lending Title Mortgages 393

Housing Wire

JANUARY 18, 2024

Ted Tozer, former president of Ginnie Mae during the Obama administration and current president Alanna McCargo’s most recent Senate-confirmed predecessor, applauded the news that the company is looking into the development of a new Home Equity Conversion Mortgage (HECM)-backed Security (HMBS) product. That’s all it says.”

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Development Loans Banks Mortgages 397

Housing Wire

SEPTEMBER 27, 2023

housing market is back on track , stronger than ever, with a total estimated value of $52 trillion, according to a new analysis by Orphe Divounguy, a senior economist at Zillow Group. housing market has surged by more than $2.6 As a result, Florida has surpassed New York as the state with the second most valuable housing market.

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Marketing New Construction Finance Construction 509

Housing Wire

APRIL 1, 2022

Finance of America CEO Patti Cook. In February, Finance of America CEO Patti Cook announced her retirement after a successful career in finance that spanned 45 years. When you look at how fixed-income developed, mortgage-backed securities were brand new at the time and I was right at the forefront of that work.

Finance 363

Finance Industrial Development Mortgages 363

Housing Wire

MARCH 25, 2024

The current global market cap for “equity release” products, including reverse mortgages, could hit $50 billion by 2033, more than doubling its current size. The 13 countries span Europe , North America and Australia , and are considered to be amongst the largest equity release markets in the world.”

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Equity Marketing Finance Mortgages 423

Housing Wire

MARCH 23, 2022

Nominations for HousingWire’s Marketing Leaders award are now open through Friday, March 25, 2022. Marketers and loan officers need to be prepared for a longer lead-nurture timeline today than the refi market frenzy we experienced the last two years,” said Jim Anderson, chief marketing officer at Finance of America Mortgage.

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Finance Loan Officer Loans Lending 291

Housing Wire

NOVEMBER 8, 2021

Kathryn Amor, chief product officer at Finance of America Companies, spoke during the event’s mortgage purchase market panel about what Finance of America Reverse (FAR) beings to the table for the larger parent company. Reverse mortgages and the purchase market. Kathryn Amor. “We

Finance 339

Finance Mortgages Lending Equity 339

Housing Wire

DECEMBER 28, 2023

Leaders in Colorado districts are entering the housing market in a variety of ways, including engaging in partnerships with developers, constructing tiny homes and even becoming landlords, according to a story published by the Denver Post. Rents also remain challenging according to data the Post cites from Zillow.

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Marketing Land Development Construction 420

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. It sets up a domino effect [for market activity].”

Equity 402

Equity Purchase and sale agreement Marketing Lending 402

Housing Wire

APRIL 10, 2024

The company also provides commentary for its fourth quarter 2023 financial performance, assesses its market advantages and offers an assessment of impacts stemming from changes in Ginnie Mae ’s Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program.

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Investor Bankruptcy Finance Equity 397

Housing Wire

APRIL 10, 2024

The Conference of State Bank Supervisors (CSBS) and the Federal Housing Finance Agency (FHFA) have signed onto a memorandum of understanding to formally share information between each other related to nonbank mortgage companies. Department of Housing and Urban Development (HUD) in 2013. It also entered into a similar MOU with the U.S.

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Mortgages Finance Development Banks 340

Housing Wire

JANUARY 29, 2021

Over the past six months, mergers and acquisitions, huge financing rounds and public offerings have dominated headlines across the real estate and housing finance sector. This level of action is keeping finance executives like Jeremy Collett , Executive Director, Capital Markets at Guaranteed Rate busier than ever.

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Finance Industrial Mortgages Loans 270

Housing Wire

OCTOBER 14, 2022

Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-date on the latest news about the housing market. economy and specializes in the housing market.

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Marketing Finance Industrial Mortgages 461

Housing Wire

JULY 1, 2022

Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. Tasked with an endless list of functions, this year’s 2022 Marketing Leaders did it all despite market turmoil. VP, Marketing & Growth. Vice President, Marketing & Communications. SVP, Marketing.

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Marketing Branding Lending Title 382

Housing Wire

SEPTEMBER 13, 2022

Fitch Group , the parent of bond-rating firm Fitch Ratings , is acquiring a majority ownership stake in capital-markets fintech company dv01 — which provides data and analytics services to the structured-finance market. The post Fitch Group adding capital-markets fintech dv01 to its fold appeared first on HousingWire.

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Due diligence Marketing Finance Loans 337

Housing Wire

APRIL 25, 2024

Kristen Sieffert, president of Finance of America Reverse, speaks during The Gathering by HousingWire on Monday, April 21, 2024. The acquisition of AAG also presents a unique marketing opportunity for FAR to make use of a ubiquitous spokesperson.

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Mortgages Finance Equity Lending 317

Realty Biz

APRIL 12, 2024

The Pennsylvania Housing Finance Agency has unveiled seven projects that will receive $4.5 million in funding for the construction or renovation of mixed-use developments. Pennsylvania Housing Finance Agency administers the Mixed-Use Development Tax Credit Program; its board of directors approved the selected projects earlier today.

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Development Commercial Renovation Finance 77

Housing Wire

AUGUST 25, 2021

In the intervening years, the makeup of the RMBS market has changed significantly and, today, Fannie Mae , Freddie Mac , and Ginnie Mae are responsible for approximately 99% of RMBS issuance. In fact, the secondary market for the securitization of mortgages requires data to be shared among parties in order to rate the underlying assets.

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Due diligence Marketing Investor Finance 393

Housing Wire

JANUARY 13, 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. With continued supply chain disruption, cost increases and fear of inflation , the market has felt tenuous at best. 2022 marked a unique time for homebuilders.

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Marketing Construction Industrial Staging 458

Housing Wire

APRIL 30, 2024

Nominations for HousingWire’s 2024 Marketing Leaders Leaders award are open now through April 30th, 2024. Savvy marketing leaders like Coleen Bogle, CMO at New Jersey-based mortgage lender The Money Store have become critical to the industry. Click here to nominate someone.

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Loan Officer Technology Loans Finance 414

Housing Wire

MARCH 15, 2024

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule. Assisting homebuyers and their agents adds more to an LO’s plate.

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Industrial Seller concession Purchase and sale agreement Agents 498

Housing Wire

MAY 15, 2024

Its plan takes aim at liquidity, budget authority, pay scales and other potential flexibilities to more closely align with the value it brings to the government and the broader mortgage market. This undermines Ginnie Mae’s ability to run a market-driven program.” This recommendation is based on two other ideas.

Banks 337

Banks Loans Development Mortgages 337

Marco Santarelli

FEBRUARY 3, 2024

Evergrande's story is intricately woven with China's booming property market. This strategy worked for years, propelling Evergrande to become the world's most indebted property developer, with liabilities exceeding $300 billion. This, coupled with slowing economic growth, put immense pressure on Evergrande's finances.

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Development Industrial Investor Finance 105

Housing Wire

APRIL 2, 2024

The goal is to help them develop this territory and use this platform to attract talent – established loan officers, up and coming loan officers,” Steinway said in an interview with HousingWire. Steinway also expects NAF’s “expansive” product mix, such as NAF Cash , will help him achieve more production volume in a highly competitive market.

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Loan Officer Loans Finance Mortgages 380

Housing Wire

JANUARY 12, 2024

The numbers are staggering so it is no surprise that residential proptech is a heady market, capturing the imagination of entrepreneurs and institutions alike. As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. Category 1 is a different beast.

Finance 381

Finance Principal Residential Development 381

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Using a 3-month bank statement program, borrowers who would not otherwise qualify due to lost or nontraditional income may be able to buy a new home and place their own on the market. Jumbo products.

Marketing 424

Marketing Banks Lending Loans 424

Housing Wire

JULY 20, 2023

The consensus is that the change would primarily affect the shrinking jumbo market (loans greater than $726,200) and hurt regional banks , sources said. According to George, the rule would impact only the jumbo market, a very high credit quality market. That’s 20 basis points higher than the international standard.

Mortgages 350

Mortgages Banks Marketing Residential 350

Housing Wire

JUNE 10, 2022

Lenders and mortgage tech companies have been cutting costs in the down market , but some firms have hired new executives who they hope will provide better strategies to navigate the shrinking loan origination market. for Planet Home Lending, will focus on increasing market share by adding branches and loan originators.

Marketing 390

Marketing Lending Loans Branding 390

Housing Wire

JUNE 8, 2021

EnerBank says it works with 10,000 contractors and develops personalized loan programs for their clients. Regions, a retail lender with a footprint of over 1,300 physical offices, has dipped into specialty finance sectors before. The post Regions Bank places $1B bet on home renovation market appeared first on HousingWire.

Banks 364

Banks Renovation Marketing Lending 364

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.

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Loans Investor Banks Finance 429

Housing Wire

MARCH 29, 2024

A passion for technology led her to work in the fintech and blockchain spaces, and she has now turned her attention to the senior finance space by founding a company called Graceful Finance. But she quickly realized it is facing real challenges, and she began asking why it has not grown and developed to a place it could be. “I

Mortgages 418

Mortgages Finance Loan Officer Equity 418

Housing Wire

JANUARY 8, 2024

Change is five years into its mission as a Community Development Financial Institution ( CDFI), a mission that has seen Change soar to become the nation’s largest non-QM lender. If consumers, Realtors and builders know affordable financing exists for potential buyers, more Americans will have the opportunity to get into a new home.

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Lending Investor Finance Development 366

Housing Wire

MAY 31, 2023

California-based lender loanDepot has promoted Alec Hanson , the company’s senior vice president of production for the West division, to the role of chief marketing officer. Hanson will also be responsible for the company’s originator-led field-level marketing capabilities.

Marketing 354

Marketing Equity Branding Development 354

Realty Biz

OCTOBER 10, 2023

Real estate development offers a wide range of career opportunities. There are diverse paths to explore, from entry-level positions in analysis and project management to specialized roles like Realtor and developer. The job market in real estate is promising, with competitive salary ranges across different locations.

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Development Pre-qualification Industrial Investor 89

Propmodo

JANUARY 10, 2024

When seeking construction financing for major real estate projects, developers almost always turn to big banks. Large institutional capital has been one of the biggest lenders to commercial development projects over the past decades. In 2019, the bank inked one of its biggest deals. Bank OZK’ is a testament to that.

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Banks Construction Finance Commercial 67

Housing Wire

APRIL 27, 2023

Executives at both Stewart Information Services and First American Financial bemoaned the challenging housing market environment as they discussed their respective firms’ first quarter 2023 earnings with investors Thursday morning. Given the success of our early testing, we expect to deploy it in two markets within the next year.”

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Title Marketing Commercial Investor 352