Housing Wire

APRIL 9, 2024

The time-tested resiliency of home values highlights home equity’s importance to American households and its significance for residential real estate investors alike. In today’s environment, homeowners are looking for new answers — and financing platforms — to solve that puzzle. Are home equity investments the answer?

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Equity Investor Residential Finance 446

Housing Wire

JANUARY 9, 2024

Home-equity lending overall found its wings in 2023 as a number of independent mortgage banks ramped up product lines over the course of the year — despite a bump in the road in the third quarter when mortgage rates surged past 7%. homeowners with outstanding mortgages — some 63% of all homes — home equity tied up in properties jumped by 6.8%

Equity 466

Equity Lending Banks Loans 466

Housing Wire

SEPTEMBER 22, 2022

New York-based Unlock Technologies , a fintech operating in the shared-equity market, and real estate investment firm Saluda Grade , have closed a $180 million private-label securitization (PLS) backed entirely by Unlock-originated residential home-equity agreements (HEAs). 21, according to Mortgage News Daily.

Equity 384

Equity Marketing Fixed-rate mortgage Finance 384

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.

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Residential Lending Finance Investor 409

Housing Wire

DECEMBER 5, 2023

Residential sale-leaseback platform EasyKnock has acquired home equity investment platform Balance Homes , the company announced on Tuesday. With this new integration, EasyKnock aims to provide homeowners with additional options to convert their home equity into cash.

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Equity Investor Technology Residential 421

Housing Wire

FEBRUARY 6, 2024

Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. banks said they saw weaker demand for all types of residential real estate loans except for government (46.2%) and subprime mortgage loans (41.6%).

Residential 479

Residential Lending Banks Mortgages 479

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). To close the conversation, Davis explores Deephaven’s focus on home equity and new construction products in 2025.

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New Construction Construction Marketing Investor 291

Housing Wire

JULY 15, 2024

For the sake of simplicity, I will keep my comments restricted to residential real estate in the US. Finance: D- Housing finance has not structurally changed in decades. Put simply, AI has not delivered much to the finance process. Valuation 3. Transaction 5. Valuation gets the highest grade and here, AI is a star.

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Residential Finance Technology Staging 405

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 397

Housing Wire

JULY 12, 2022

San Francisco-based Unison is extending its reach in the heartland by expanding its shared-equity loan program to homeowners in Nebraska. billion in equity-sharing agreements with some 9,000 homeowners across 29 states and the District of Columbia. Prioritizing home equity solutions in a rising rate environment.

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Equity Residential Loans Title 383

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. Among the firm’s growth equity portfolios, Builders Capital raised $500 million in a new partnership with InterVest Capital Partners.

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Development Investor Equity Finance 239

Housing Wire

JULY 14, 2022

Palo Alto, California-based fintech Point , which offers home-equity investment (HEI) contracts to homeowners, is expanding its services into Nevada and Ohio. Nevada homeowners are sitting on more than $150 billion in tappable home equity, and Ohio homeowners have more than $330 billion,” said Eddie Lim, CEO and co-founder of Point. “The

Equity 384

Equity Finance Loans Residential 384

Housing Wire

FEBRUARY 27, 2025

Technology platform Figure , which powers a liquid, blockchain-based marketplace for financial products, and global investment firm Sixth Street today announced the formation of a new joint venture vehicle in which Sixth Streets asset-based finance platform has committed to invest $200M of equity.

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Equity Loans Finance Investor 266

Housing Wire

FEBRUARY 7, 2022

San Francisco-based fintech firm Unison plans several securitization deals to market in 2022, with private label offerings backed by home-equity assets. Unison, through an REA contract, advances the homeowner a portion of the equity in the property in exchange for a lien position and a share of the home’s future appreciation.

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Equity Marketing Investor Finance 363

Housing Wire

AUGUST 1, 2022

Rocket Mortgage , the nation’s largest lender, is expanding its product portfolio to home equity loans amid a significant slowdown in mortgage origination volume. Rocket is targeting American homeowners with high household debt and credit card balances but strong home equity positions. . New Residential Investment Corp.

Equity 384

Equity Loans Lending Banks 384

Housing Wire

DECEMBER 30, 2024

Historically, life insurance companies shied away from investing in residential mortgages. But, thanks to the influence of private equity investors, cash-rich insurance companies are increasingly drawn to private debt assets that pay higher premiums due to their illiquidity.

Banks 384

Banks Due diligence Residential Investor 384

Housing Wire

JULY 8, 2022

House Financial Services Committee’s Subcommittee on Oversight and Investigations (the subcommittee), was sent to the following companies: Invitation Homes ; American Homes 4 Rent ; FirstKey Homes (owned by Cerberus Capital Management ); Progress Residential (owned by Pretium Partners ); and Amherst Residential.

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Equity Residential Investor As-is 410

Housing Wire

MARCH 29, 2023

The demand for home-equity loans, particularly home-equity lines of credit (HELOCs) as well as shared-equity investment products, is now stronger than at any time since before the global financial crisis some 15 years ago. Those 17 deals were backed by home-equity collateral valued in total at $3.9

Equity 384

Equity Lending Loans Banks 384

Housing Wire

MAY 12, 2025

Home Equity Investment (HEI) is a relatively new option for private equity real estate investors, and one that carries significant promise. This leaves them with this enormous asset in their home equity, but they have no way of accessing it short of selling their home, which is simply something that many people dont want to do.

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Equity Investor Technology Loans 201

The Close

NOVEMBER 26, 2024

Stabilize & Season Your Current Rental Property If you plan to finance multiple rental properties, start by stabilizing your current one. Lenders prefer to see fully stabilized properties when you’re looking for home equity loans or lines of credit. Zillow pulls its listing info from both MLS and other sources.

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Finance Equity MLS Loans 98

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. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. now known as Rithm Capital. “In

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Construction Development Loans Lending 431

Housing Wire

NOVEMBER 1, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO), a subsidiary of the Mortgage Bankers Association (MBA), has been developing a series of uniform technology standards that will ideally allow for the somewhat siloed reverse mortgage industry to more easily collaborate with others in the mortgage finance ecosystem.

Mortgages 377

Mortgages Technology Loan Officer Loans 377

Housing Wire

FEBRUARY 3, 2022

Amid higher rates, lower volumes, and fiercer competition , Santander Bank decided it will stop originating residential mortgages and home equity loans in the United States. Inside Mortgage Finance reported that Santander residential production totaled $2.7 billion in 2020, but there are no figures for 2021.

Banks 441

Banks Mortgages Fixed-rate mortgage Equity 441

Housing Wire

AUGUST 29, 2024

million residential mortgage originations in the second quarter of 2024, an increase of 23.2% The increase in overall lending in Q2 came amid the Spring homebuying season and lower mortgage interest rates that dipped downward after months of increases, according to Attom ’s Q2 residential property mortgage origination report.

Mortgages 402

Mortgages Fixed-rate mortgage Lending Residential 402

Housing Wire

SEPTEMBER 13, 2022

Home-equity lending is on a roll this year, with the combined volume of home-equity lines of credit (HELOCs) and traditional closed-end home equity loans up 47% from January to May of 2022, compared with the same period last year. recently rebranded as Rithm Capital ).

Equity 370

Equity Loans Residential Banks 370

Housing Wire

NOVEMBER 7, 2023

Banks have tightened lending standards for most categories of residential real estate (RRE) loans and home equity lines of credit (HELOC) over the third quarter of 2023. Government residential mortgage was an exception, where standards remained basically unchanged.

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Lending Banks Mortgages Loan Officer 478

Housing Wire

FEBRUARY 3, 2023

And now, with the impact of inflation and looming economic uncertainty, home equity lines of credit (HELOCs) are an increasingly popular choice for those who are considering tapping into their home’s rising equity while protecting their existing, low mortgage rates. Residential Lending at TD Bank. Steve Kaminski is head of U.S.

Renovation 384

Renovation Fixed-rate mortgage Equity Finance 384

Housing Wire

FEBRUARY 4, 2021

After months of uncertainty , CoreLogic announced Thursday that it entered into a definitive agreement to be acquired by Stone Point Capital and Insight Partners for $80 per share in cash, or an equity value of about $6 billion. This would be a premium of 51% to CoreLogic’s unaffected share price as of June 25, 2020.

Lending 458

Lending Equity Investor Finance 458

Housing Wire

FEBRUARY 7, 2022

Pink slips will start arriving for Santander Bank ’s employees working in the mortgage and home equity businesses following the bank’s announcement to stop originating such loans in the United States. HousingWire has learned that the bank’s exit from the residential mortgage business in the U.S. Santander Bank, NA.,

Mortgages 370

Mortgages Banks Residential Equity 370

Housing Wire

FEBRUARY 21, 2023

Finance of America Companies (FOA) has entered into an agreement to sell the operational assets of its Finance of America Commercial vertical to Roc Capital Holdings LLC. The deal will offload an FoA subsidiary division that offers residential real estate investment loans.

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Commercial Lending Finance Title 369

Housing Wire

NOVEMBER 2, 2023

Just a couple years ago there was incredible momentum building around alternative ways to purchase, sell and extract value from residential properties. There were historic amounts of investment and funding , and for some traditional housing finance models, real fears of being disrupted. My, how things have changed. homeowners.

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Purchase and sale agreement Marketing Equity Finance 406

Housing Wire

APRIL 18, 2023

MISMO , the real estate finance industry’s standards organization and a subsidiary of the Mortgage Bankers Association , plans to launch a working group that will create standards for Electronic Home Equity Lines of Credit (eHELOC). Overall, HELOCS accounted for 20.7% level from the first quarter of 2021, ATTOM reported.

Equity 363

Equity Lending Finance Loans 363

Housing Wire

MAY 3, 2022

As people look for alternate means to access the equity in their homes, home equity lines of credit (HELOCs) are poised to make a comeback. Here’s why: Homeowners will still want to use the record levels of equity in their homes. According to CNBC, homeowner equity is an aggregate $9.9 A HELOC is now cheaper than a refi.

Equity 397

Equity Fixed-rate mortgage Principal Mortgages 397

Housing Wire

MAY 1, 2023

The Consumer Financial Protection Bureau (CFPB) announced on Monday a proposed rule that seeks to bolster consumer protections for borrowers seeking Property Assessed Clean Energy ( PACE ) financing for home renovations. The proposed rule would implement a Congressional mandate establishing consumer protections for the residential PACE loans.

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Loans Lending Finance Renovation 381

Housing Wire

APRIL 19, 2022

The Mill Valley, California-based REIT operates as a specialty finance house that invests in, acquires and securitizes residential loans. Vesta Equity , another blockchain-enabled marketplace for tokenized home-equity investments. “As Redwood is not backing away from its venture capital pursuits.

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Equity Technology Investor Residential 384

Housing Wire

OCTOBER 1, 2024

Annaly has $75 billion in assets invested across its agency mortgage-backed securities (MBS), residential credit and MSR strategies. Inside Mortgage Finance ranked Rocket as the eighth-largest U.S. Terms of the deal were not disclosed. billion in market value as of June 30. billion as of June 30. million loans, generating about $1.4

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Closing Principal Loans Finance 407

Housing Wire

FEBRUARY 22, 2024

One-third of Hispanic household wealth could be attributed to home equity , or equity held in a primary residence in 2022. In 2019, homeowning Latino families had a median $109,081 in home equity — calculated as value of primary residence minus mortgage debt. of their net worth in their homes. of Hispanic household wealth.

Equity 410

Equity Residential Mortgages As-is 410