Housing Wire

SEPTEMBER 14, 2023

Real estate investment trust Redwood was founded in the early 1990s as the need for more private investors in the mortgage market grew. For example, bank regulators in July released a plan to increase capital requirements for residential mortgages, the Basel III Endgame rules. ” Another opportunity is in the home equity space.

Equity 313

Equity Banks Investor Residential 313

Housing Wire

MARCH 7, 2024

And so [investors] can start having greater conviction in the future path of interest rates and in the health of the mortgage market.” The pool of non-QM borrowers includes real estate investors, fix-and-flippers, foreign nationals, business owners, gig economy workers and the self-employed.

Investor 348

Investor As-is Commercial Equity 348

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 357

Equity Marketing Fixed-rate mortgage Finance 357

Housing Wire

SEPTEMBER 22, 2023

Borrowers everywhere are seeking new ways to tap into their home equity. To help homeowners explore their home equity options, lenders, investors and others in the industry should consider leveraging tech-backed services. But with rising mortgage costs and high interest rates , refinancing doesn’t always make the most sense.

Equity 361

Equity Inspection Technology Residential 361

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.

Equity 392

Equity Residential Investor As-is 392

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 334

Equity Lending Loans Banks 334

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.

Equity 304

Equity Residential Loans Title 304

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.

Equity 271

Equity Marketing Investor Finance 271

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. They are saying, ‘Tell me what’s working, how can I stand a program up so I can capture some of this [home-equity] business.”

Equity 353

Equity Marketing Debt-to-income ratio Lending 353

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 334

Equity Finance Loans Residential 334

Housing Wire

JUNE 15, 2022

Two new single-family rental (SFR) securitization deals sponsored by large institutional players — often described as “Wall Street” investors — hit the private label market in June, bringing the total deal count so far this year to 10. The Progress Residential SFR platform was launched in 2012 “to capitalize on dislocation in the U.S.

Investor 382

Investor Residential Loans Mortgages 382

Housing Wire

FEBRUARY 21, 2024

Pretium’s new fund came on the heels of private equity giant Blackstone’s decision in January to acquire Tricon Residential in a deal valued at around $3.5 But 2024’s deals show investor interest has persisted. Tricon owns more than 37,000 homes and is building about 2,500 more.

Investor 422

Investor Construction Commercial Sales 422

Housing Wire

AUGUST 21, 2023

5000 list an impressive five times: Total Expert , which offers CRM and data-driven customer engagement solutions, turning customer insights into actions to increase loyalty and drive growth; and FirstClose , a tech solution provider for HELOC and home equity lenders. 658 in the 2023 Inc. Other established names to make the Inc.

Equity 350

Equity Technology Investor Lending 350

Housing Wire

APRIL 19, 2022

At an investor conference last fall, Redwood Trust Inc. 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

Equity 338

Equity Technology Investor Residential 338

Housing Wire

SEPTEMBER 13, 2022

Mortgage credit availability declined slightly in August, as investors reduced their offerings of ARM and non-QM loan programs,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting. Companies that plan to roll out HELOC products include loanDepot and New Residential Investment Corp.

Lending 367

Lending Loans Equity Mortgages 367

Inman

MAY 18, 2023

The founder and chairman of Equity Residential had interests spanning real estate, manufacturing, healthcare and media, among other sectors.

Investor 129

Investor Equity Residential Development 129

Housing Wire

JULY 28, 2023

billion of single-family residential loans at a discount, according to the outlet. Banc of California and PacWest announced on Tuesday an all-stock merger with a $400 million equity raise from Warburg Pincus and Centerbridge Partners to create a bank with $36 billion in assets. billion in loans or sell them to investors.

Purchase and sale agreement 343

Purchase and sale agreement Mortgages Banks Principal 343

Marco Santarelli

DECEMBER 24, 2023

Successful real estate investors aren’t made overnight. It’s not easy to succeed in real estate investing, but there are some tips to become a successful real estate investor. Getting lucky on one investment does not amount to becoming a successful real estate investor. The same is valid for real estate investing.

Investor 88

Investor Finance Equity Land 88

Housing Wire

SEPTEMBER 21, 2023

“When we thought about joining forces with a due diligence company, Inglet Blair’s depth of expertise, which allows it to comply with regulatory, rating agency, and investor requirements, made the decision an easy one,” Jeffrey Flory , QC Ally’s new CEO, said in a statement. Inglet has joined QC Ally as an equity partner. “We

Due diligence 323

Due diligence Equity Loans Residential 323

Housing Wire

JUNE 2, 2022

Morgan announced that it had settled its first tokenized transaction involving money-market fund shares as collateral — with plans to eventually pursue blockchain-based transactions for tokenized collateral involving equities and fixed-income securities, which include mortgage-backed securities (MBS). You don’t need it.”.

Equity 373

Equity Due diligence Technology Investor 373

Housing Wire

JANUARY 5, 2023

residential mortgage-backed securities (RMBS) market continues to look bleak for 2023. Interest rate stability offers the best environment for MBS performance, and inflation reduces the demand that investors have for mortgage-backed bonds. RMBS at DBRS Morningstar said in a report.

Marketing 400

Marketing Equity Loans Investor 400

Housing Wire

FEBRUARY 7, 2024

According to a Bloomberg report, the bank has already started to offer its mortgage assets to investors in order to transfer the portfolio risks. Bloomberg, citing anonymous sources, reported that NYCB has contacted investors to finance a large portfolio of residential mortgages held by Flagstar Bank. It also had $84.3

Mortgages 354

Mortgages Banks Marketing Commercial 354

Housing Wire

AUGUST 16, 2022

Trius Lending, a local direct and hard-money lender specializing in residential investment, attributed its rapid success to customizing to investors’ needs. According to the firm, the core business at Trius Lending is residential rentals or properties for fix-and-flip. Zap Mortgage (no.335), 1673, with growth of 372%.

Mortgages 363

Mortgages Lending Investor Loans 363

Realty Biz

AUGUST 21, 2023

In the real estate market of 2023, savvy investors with a little cash on hand are well situated to bring in healthy profits. Savvy investors have a tax strategy planned out before they invest their first dollar. Consider borrowing against your equity On the other hand, who says you have to sell that property to free up some cash?

Investor 97

Investor Equity Loans Sales 97

Housing Wire

JULY 18, 2022

The residential mortgage-backed securities (RMBS) market is reeling from an unfavorable interest-rate environment, which is expected to suppress private-label securities offerings for at least the rest of the year, a recent market outlook report concludes. The report focuses on so-called “RMBS 2.0

Marketing 333

Marketing Equity Loans Investor 333

Real Trends

MARCH 2, 2023

What is the relationship between the single-family real estate market and equity markets? The chart below compares the standardized returns of a single-family residential real estate index (SFR) with the Dow Jones Industrial Average (DJIA), the S&P 500 Index (S&P), and the Nasdaq Composite over the past 11 years.

Equity 80

Equity Marketing Construction Residential 80

Housing Wire

DECEMBER 30, 2022

For fix-and-flip investors, 2023 promises to be a very challenging year. Tack on higher costs for materials, labor and financing, and it’s clear that there’s little margin for error for investors pursuing a fix-and-flip strategy. Even then, investors shouldn’t be waiting for a surge of bank-owned properties to come to market.

Investor 468

Investor Equity Land Residential 468

Housing Wire

SEPTEMBER 13, 2022

KBRA Analytics , an affiliate of Kroll Bond Rating Agency (KBRA), has acquired digital-information service Direct Lending Deals , which offers investors and loan originators coverage of deal data, news and analysis in the direct-lending sector. The post KBRA affiliate acquires digital news service DLD appeared first on HousingWire.

Lending 352

Lending Finance Investor Equity 352

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. The investors dropped their takeover bid on Nov. The investors dropped their takeover bid on Nov.

Lending 410

Lending Equity Investor Finance 410

Housing Wire

AUGUST 6, 2020

The move comes 15 months after Thoma Bravo , a private equity investment firm, announced it would acquire Ellie Mae in an all-cash transaction of $3.7 ICE’s decision to acquire Ellie Mae follows the company’s actions over the last four years to strengthen its hold in the residential mortgage industry. Based in Pleasanton, Calif.,

Residential 529

Residential Equity Mortgages Industrial 529

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. UWM in March also launched a bank statement product for self-employed borrowers and loans for real estate investors.

Mortgages 385

Mortgages Equity Loans Seller concession 385

Housing Wire

FEBRUARY 21, 2023

The deal will offload an FoA subsidiary division that offers residential real estate investment loans. Following the closing of the [deal], FAM will no longer operate in the business of originating business purpose loans to residential real estate investors.

Commercial 298

Commercial Lending Finance Title 298

Housing Wire

NOVEMBER 8, 2022

Publicly traded lending software firm MeridianLink has acquired OpenClose , a fintech company that specializes in residential mortgage software solutions for banks, credit unions and mortgage lenders. The announcement comes shortly after MeridianLink, which is owned by private equity giant Thoma Bravo , posted its quarterly earnings results.

Mortgages 362

Mortgages Lending Technology Banks 362

Housing Wire

OCTOBER 17, 2023

Still, even in this difficult-to-agonizing supply-challenged housing market, SFR and fix-and-flip investors, which both target existing-home inventory, are still finding ways to make a profit — at a thin margin in most cases, but a profit, nonetheless. That’s particularly true for mom-and-pop investors across both market segments.

Investor 343

Investor Finance Loans Renovation 343

Housing Wire

JANUARY 12, 2024

The value of all residential real estate worldwide is approximately $200 trillion. The numbers are staggering so it is no surprise that residential proptech is a heady market, capturing the imagination of entrepreneurs and institutions alike. Investors’ No. Of this, the U.S. accounts for approximately 23%. exceeds $1.5

Finance 345

Finance Principal Residential Development 345

Housing Wire

AUGUST 24, 2023

Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. Some are leveraging high home equity levels, others downsize their budgets or ask their family for cash assistance. People adapt to the higher costs using different strategies, observed Ratiu.

Mortgages 364

Mortgages Fixed-rate mortgage Banks Investor 364

Marco Santarelli

APRIL 23, 2024

This biannual Financial Stability Report , published in April 2024, raises concerns about both the residential and commercial sectors , highlighting potential risks to financial stability. Residential Market: A House of Cards? On the residential side, the Fed points to historically high housing prices. Farmland 3,420 7.7

Commercial 104

Commercial Residential Equity Banks 104