Housing Wire

MARCH 31, 2025

billion , is paying an equity value of $9.4 Mr. Cooper did about $23 billion in originations last year, according to Inside Mortgage Finance data. Rocket projects $400 million in pre-tax cost savings from streamlining operations, corporate expense and technology investments. trillion, spread across nearly 10 million clients.

Finance

Housing Wire

MARCH 10, 2025

billion in equity. Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers. The deal is projected to boost Rockets adjusted earnings per share by late 2026.

Purchase and sale agreement

Housing Wire

JULY 1, 2025

“By bringing Flyhomes’ consumer technology under the Real umbrella, we’re combining the best in real estate innovation to deliver a seamless, AI-powered experience —designed around people—for both agents and consumers,” Tamir Poleg , the chairman and CEO of Real, said in a statement.

Technology

Housing Wire

JANUARY 22, 2025

Online real estate marketplace Auction.com announced Wednesday that it is launching SmartSale, a technology-powered option to foreclosure that lets distressed homeowners list and sell their property. For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity.

Proof of funds

Housing Wire

MARCH 4, 2025

Top five reverse mortgage lender Finance of America (FOA) announced on Tuesday the hiring of two new executive leaders to modernize the companys digital and customer experience strategies. “These executive appointments are crucial for Finance of Americas objective to redefine the reverse mortgage experience.

Technology

Housing Wire

OCTOBER 10, 2024

Mortgage lenders can also benefit from these projects through a variety of products, including home equity lines of credit (HELOCs). The vast amount of home equity accumulated across the country could be a path to addressing these issues. And there are now 32 million borrowers who have at least $100,000 in tappable equity.

Renovation

Housing Wire

NOVEMBER 13, 2024

Better Home & Finance Holding Co., Its funded volume was also driven by growth in refinance and home equity originations, including home equity lines of credit ( HELOCs ) and closed-end second-lien mortgages. “In the parent of digital lender Better , reported a net loss of $54.1 By comparison, the company lost $41.4

Mortgages

Housing Wire

JULY 1, 2025

billion in equity. “The reason Rocket and Redfin came together was to bridge that gap, so that the people who spend their days dreaming on Redfin.com can easily use Rocket financing to own their dream.” The transaction faced no opposition from antitrust regulators and received approval from Redfin shareholders on June 4.

VA loan

Housing Wire

OCTOBER 28, 2024

While retaining existing customers should remain a key priority, as interest rates fluctuate, lenders should be prepared to support an increase in new business for refinances, purchases and home equity lending. How your technology partner can help Having nimble technology is critical for capitalizing on market dynamics.

Loan Officer

Housing Wire

NOVEMBER 12, 2024

Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. The potential for building on HomeSafe Second’s numbers also comes from broader trends in the home equity lending space, she said.

Mortgages

Housing Wire

NOVEMBER 12, 2024

Digital mortgage exchange platform and loan aggregator MAXEX announced on Tuesday the hiring of mortgage technology veteran Daniel Wallace as its new chief operating officer. Bill Decker, MAXEX president and co-founder, highlighted Wallace’s expertise in mortgage technology as a valuable asset for the company. “The U.S.

Technology

Housing Wire

JULY 9, 2025

Private equity firm GTCR announced on Tuesday that it has made a significant investment in national real estate analytics and data solutions company Clear Capital. The transaction represents Clear Capital’s first outside investment, with GTCR becoming the company’s majority shareholder and Andrews retaining substantial equity ownership.

Technology

Housing Wire

FEBRUARY 6, 2025

according to Inside Mortgage Finance (IMF). Newrez reported continued momentum for its home equity and non-QM loan products as originations were up 29% between the third and fourth quarters. Theres no reason for us not to look at opportunities in the marketplace whether its a servicing, origination or technology opportunity.

Loans

Housing Wire

OCTOBER 23, 2024

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 The new executive’s management duties will include financial reporting, budgeting, forecasting and risk management.

Development

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.

Equity

Housing Wire

JANUARY 28, 2025

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. It’s a complete financing solution that helps us ramp up and scale our production in the BPL sector.

Residential

Housing Wire

DECEMBER 30, 2024

Digital processes and getting out of the dark ages In a statement to RMD, Finance of America (FOA) president Kristen Sieffert spoke about the priorities the company is pursuing in the new year, stemming from identified opportunities. There may be ways to improve that, whether it’s changes in guidelines or changes in technology.

Mortgages

Housing Wire

JUNE 24, 2025

Rocket Mortgage , the home lending arm of Rocket Companies , announced Tuesday it will now offer bridge loans , a short-term financing option that helps homeowners tap into their equity while selling their current property. It removes one of the biggest barriers to moving: immediate access to the equity in their current property.

Loans

Housing Wire

MAY 13, 2025

The real professional of the future must provide proactive, consistent and ongoing value on all things real estate and finance. Limited financial literacy Many clients of real estate professionals lack basic financial planning knowledge and do not understand how to leverage home equity, consolidate debt, or invest strategically.

Industrial

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

Housing Wire

JUNE 13, 2025

Private equity giant Blackstone conducted the Stearns Lending bankruptcy process after acquiring a majority stake in parent company Stearns Holdings in 2015. Inside Mortgage Finance (IMF) reported that Kind Lending originated $7.5 In addition to non-QM and home equity loans, renovation loans are playing a growing role.

Mortgages

Housing Wire

JULY 31, 2025

The deal includes a $500 million purchase facility and a minority equity investment from Barings investors. The deal will help Crebrid expand its technology -driven RTL business nationwide, building on its current presence in Texas, Ohio and Tennessee. Barings’ investment comes through its $70 billion asset-based finance strategy.

Lending

Housing Wire

MARCH 24, 2025

Tim Bowler, the president of ICE Mortgage Technology , appreciates a good analogy. Treasury official says that the mortgage technology giant’s integration of Black Knight isn’t dissimilar to building a rail line. But MSP, the flagship servicing technology engine acquired in the $12 billion Black Knight deal, runs on 2.01-meter

Technology

Housing Wire

DECEMBER 9, 2024

The Mortgage Industry Standards Maintenance Organization (MISMO)s dedicated reverse mortgage development workgroup is targeting January 2025 as the release window for a series of uniform technology standards. The second step is to understand the landscape of existing equity release product offerings.

Mortgages

Housing Wire

AUGUST 5, 2025

Instead, many are opting to renovate properties financed during the low-rate COVID era. According to ICE Mortgage Technology ’s Andy Walden, U.S. trillion in tappable equity while maintaining an average 20% equity cushion — an attractive backdrop for second-lien products. homeowners now hold $11.6

Loans

Housing Wire

OCTOBER 24, 2024

We are working on technology and program development that will help us get there. According to Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI), Mutual of Omaha currently ranks as the third-largest wholesale originator in the country as of August.

Principal

Housing Wire

MAY 13, 2025

Better Home & Finance Holding Co. The company was recently able to restructure $530 million in convertible debt with SoftBank s SB Northstar , improving the company’s balance sheet by $200 million in pretax equity value. Since then, it has reportedly onboarded about 115 NEO loan officers across 53 branches.

Purchase and sale agreement

Housing Wire

APRIL 22, 2025

million from accelerated vesting of equity, and $2.2 In addition to managing all financial-related activities, Seaton has overseen First American Trust , the companys federally charted bank, as well as First Americans technology group. The payout includes $7.24 million in severance, $9.14 million under the companys retirement plan.

Title

Real Estate News

JULY 18, 2025

Skip to Content Agents Brokerages MLS/Assn Tech Industry By the Numbers Consumer Illustration by Lanette Behiry/Real Estate News Industry Homeownership education needs a reboot — and a new messenger Loan officers and financial advisors need to meet aspiring buyers where they are as many increasingly turn to social media for home financing advice.

Loan Officer

The Close

NOVEMBER 7, 2024

Personal savings: Using your money can be the cheapest way to finance real estate deals. Home equity line of credit (HELOC): If you already own a property with significant equity, you can use a line of credit against that equity to fund your real estate investments. That’s where investing software comes in handy.

Hard money loan

Housing Wire

JULY 23, 2025

Figure Technology Solutions , a technology platform powering a liquid, blockchain -based marketplace for financial products, announced on Wednesday that Synergy One Lending is the first institutional client to fund through its Democratized Prime platform. For Synergy One, the move serves a dual purpose.

Lending

The Close

NOVEMBER 25, 2024

Open a Business Bank Account Once you have your EIN, set up a business bank account to separate your personal and business finances. Find Financing Sources for Your House Flipping Business Many people wonder how to start a house flipping business without any cash.

House Flipping

BAM Media

JUNE 4, 2025

BAM Key Details: The latest ICE Mortgage Technology report shows U.S. homeowners tapped nearly $25 billion in home equity during Q1 2025the highest first-quarter volume since 2008 and a 22% increase year over year. Home equity reached a record $17.6 Tappable Equity Just Hit a Record $11.5 trillion, with $11.5

Equity

Seattle Times Real Estate

JULY 8, 2025

That’s led to a sharply higher inventory of homes on the market, benefitting investors and other home shoppers who can afford to bypass current mortgage rates by paying in cash or tapping home equity gains. “As homes on the market as rising prices and stubbornly high borrowing costs freeze out many other would-be homebuyers.

Investor

Seattle Times Real Estate

JUNE 25, 2025

The group advocates against diversity, equity and inclusion efforts and reportedly received early funding from Republican donor Harlan Crow. The lawsuit named Steve Walker, head of the Washington State Housing Finance Commission, who sought to have the case dismissed.

Technology

BAM Media

MARCH 10, 2025

This move aims to integrate Rockets mortgage lending with Redfins home search and real estate services, making it easier for people to buy and finance homes in one place. But once the deal closes, consumers may have a more connected, tech-driven way to find and finance their homes. billion all-stock deal.

Pre-approval

The Close

DECEMBER 18, 2024

These courses have hundreds of on-demand videos covering writing a business plan , balance sheets, financing, pricing, technology, and tons more. However, many would-be successful investors spend a lot of time analyzing deals but dont develop the necessary skills to start, manage, and grow a business. Did I mention theyre all free?

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