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MAXEX lands equity investment, partnership to expand liquidity

Housing Wire

Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. Terms of the transaction were not disclosed.

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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years.

Equity 401
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FHFA considers exceptions for Enterprises aiming to acquire mortgages with shared equity features

Housing Wire

The proposed rule would establish an additional exception to the restrictions for loans on properties with PTFCs, and related securities, if the loans meet certain shared equity loan program requirements for Resale Restriction Programs in FHFA’s Duty to Serve Underserved Markets Regulation (Duty to Serve Regulation),” the entry reads.

Equity 364
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Stavvy lands $40 million Series A for aggressive growth

Housing Wire

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. The lead investor in the Series A round, Morningside Technology Ventures, is a private equity and venture capital investment firm based in Cambridge and Hong Kong.

Land 369
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Top Tips and Considerations For Buying Land

Realty Biz

Buying land represents a pivotal investment in one's future. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives.

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American Land Title Association Creates Diversity, Equity and Inclusion Advisory Council

RIS Media

The American Land Title Association (ALTA) Board of Governors approved the creation of a Diversity, Equity & Inclusion (DEI) Advisory Council, composed of ALTA members who have been critical in developing initiatives at their organizations, the organization recently announced. Mark Bennett, CAE, IOM, Ohio Land Title Association.

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Meet the homeowners giving up 4% mortgages and opting for cash-out refis

Housing Wire

By doing a cash-out refi, she landed a $340,000 FHA loan and locked in a 6.9% We are paying off her current mortgage balance of $280,000 while maintaining more than $200,000 in home equity,” said Anderson, who runs the mortgage broker shop Rancho Capital Home Loans. mortgage rate at the end of August. “At In 2021, more than $1.2

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