Housing Wire

JULY 15, 2024

On the other hand, the usual hyperbole that accompanies any trend in technology should not be taken at face-value; kicking the tires and assessing previous promises and bets is essential. For the sake of simplicity, I will keep my comments restricted to residential real estate in the US. Transaction 5.

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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.

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Housing Wire

NOVEMBER 16, 2021

Rising home prices continue to fuel the growth of the nation’s multi-trillion dollar home-equity market, a fact not lost on behemoth investment-management firm PIMCO. Learn about the tools lenders should leverage to streamline home equity title and closing. The loans are serviced by Rushmore Loan Management Services.”. for 2021-HE2.

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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.

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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 397

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 435

Housing Wire

SEPTEMBER 18, 2023

Dark Matter Technologies , formerly Black Knight Origination Technologies, is focused on mainly two things: the smooth transition to new owners, and lowering the cost to originate loans for lenders. Read on to learn more about Dark Matter Technologies’ plan for mortgage. Gagliano : We believe strongly in technology.

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Technology Mortgages Bankruptcy Industrial 501

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

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Equity Lending Loans Banks 397

Housing Wire

OCTOBER 21, 2020

Lone Star Funds ‘ residential mortgage lender Caliber Home Loans hopes to raise up to $538 million at its highly anticipated public debut next week, according to documents filed with the Securities and Exchanges Commission on Wednesday. Caliber , based in Coppell, Texas, plans to raise upwards of $423 million by selling over 26.4

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Equity Mortgages Loans Residential 417

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.”

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Equity Marketing Debt-to-income ratio Lending 370

Housing Wire

SEPTEMBER 1, 2023

New York-based investment firm Cerberus Capital Management has entered into a definitive agreement to acquire home equity lender Spring EQ , the companies announced on Friday. The transaction will allow Cerberus executives to realize new opportunities as demand for home equity solutions in the U.S. accelerates.

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Equity Loan Officer Residential Commercial 418

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 533

Residential Equity Mortgages Industrial 533

Inman

JANUARY 23, 2025

Brad Hargreaves, editor of "Thesis Driven," shared how he believes emerging technologies surrounding home equity, AI, ADUs, property development, off-the-grid living and driverless cars will impact residential development.

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Residential Development Technology Equity 158

Housing Wire

APRIL 19, 2022

Those new investments include venture capital plays, particularly in the financial-technology arena. Abate described technology as being key to “building efficiencies” to accomplish the real estate investment trust’s goals. Vesta Equity , another blockchain-enabled marketplace for tokenized home-equity investments. “As

Equity 397

Equity Technology Investor Residential 397

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.

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Lending Equity Investor Finance 482

Housing Wire

NOVEMBER 11, 2020

LoanDepot, which has a reputation for investing heavily in technology, was the sixth-largest mortgage lender in 2019 , issuing 146,000 originations. coupon amid a historic boom time for the residential mortgage industry. Presented by: Indecomm Global. It recently sold $500 million in senior notes at a 6.5% billion in its IPO.

Equity 459

Equity Technology Lending Mortgages 459

Housing Wire

JUNE 2, 2022

Morgan CEO Jamie Dimon is famously no fan of crypto, the bank dove into the enigmatic world of blockchain-based finance in 2020 with the launch of Onyx , a business unit devoted to exploring and expanding the use of blockchain technologies. . also recognize the industry-changing potential of blockchain-enabled technology.

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Equity Technology Due diligence Investor 418

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 448

Mortgages Lending Technology Banks 448

Housing Wire

FEBRUARY 17, 2023

Fintech Figure Technologies will partner with NovaWulf Digital Management to provide blockchain technology solutions for a proposed reorganization of troubled crypto lender Celsius. NewCo is expected to be a public reporting company that is initially 100% owned by Celsius creditors with its common equity provided in a tokenized form.

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Bankruptcy Equity Technology Lending 367

Housing Wire

AUGUST 21, 2023

LoanStar Technologies , which connects lenders with borrowers who are traditionally underbanked or unbanked, also made the list again. 469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. Homelight , a platform for homebuyers and sellers, was No.

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Equity Technology Investor Residential 370

Housing Wire

OCTOBER 2, 2024

Today, modern technology , including Pretium’s platforms, cut out the middleman by allowing firms to invest directly in assets, decide the kind of leverage they want and determine how Pretium will manage the assets over time. Mullen also clarifies that the term RTL, or residential transition loan, is synonymous with the fix-and-flip mortgage.

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Lending Banks Loans Residential 459

Housing Wire

MARCH 20, 2024

Ally Home , the residential mortgage lending arm of Ally Bank , is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday. The upfront lump sum can be applied toward a down payment, closing costs or other expenses related to the homebuying process.

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Banks Closing costs Lending Equity 459

Housing Wire

SEPTEMBER 15, 2020

platform to identify and partner with iconic technology companies with proven management teams and assist in their transition to the public markets,” Palihapitiya said in a release. We created the IPO 2.0 “Opendoor perfectly embodies this vision,” Palihapitiya said. “The Company is transforming the $1.6

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Equity Residential Brokerage Technology 432

Housing Wire

DECEMBER 12, 2022

I , a blank check company affiliated with fintech Figure Technologies , plans to merge with a warehouse lender and bank holding company to potentially bring blockchain technology to the financial institution. Figure Technologies raised $1.6

Banks 435

Banks Mortgages Due diligence Technology 435

Housing Wire

APRIL 26, 2022

LoanSnap is a mortgage company that employs artificial intelligence (AI) technology to originate loans more efficiently and faster. The crypto-mortgages originated by LoanSnap so far are more akin to home-equity loans as opposed to home-purchase or rate-and-term refinance loans. We’re not huge, but we’re not small either.”.

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Mortgages Due diligence Equity Loans 476

Housing Wire

SEPTEMBER 21, 2023

Founded in 2003, Inglet Blair specializes in the analysis of residential mortgage loans and other forms of secured mortgage-related debt, leaning on ratings-agency approved insight. “As Inglet has joined QC Ally as an equity partner. “We Earlier this year, QC Ally named Melissa Peregord as the company’s new chief growth officer.

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Due diligence Loans Equity Residential 434

Housing Wire

DECEMBER 11, 2023

Residential sale-leaseback platform EasyKnock is under fire from the Massachusetts Attorney General’s office. In a news release last Tuesday, Attorney General Andrea Joy Campbell announced that she had entered into a settlement with EasyKnock for what her office alleged was deceptive practices that stripped consumers of their home equity.

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Sales Equity Residential Technology 429

Housing Wire

OCTOBER 19, 2023

This positions our associates to adapt and thrive in the market from both a business growth and technology innovation standpoint,” Matthew Mullin, principal and founder of The Mullin Blankfeld Group, said in a statement. “It It ranked 8th for residential sales volume, with a total of $46,687,375. The Blankfeld Group came in No.

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Principal Technology Equity Residential 435

Housing Wire

DECEMBER 11, 2023

Demand for approvals has definitely increased, but homebuyers are waiting to see if they will drop just as fast as they have come down recently, said Robby Oakes, managing director at CIMG Residential Mortgage. There is a lot more inquiry for home equity line credit. trillion as of Q3 2023, nearing its 2022 peak.

Mortgages 482

Mortgages Fixed-rate mortgage Equity Loans 482

Housing Wire

MARCH 19, 2024

has been in business for more than 50 years and offers regulatory compliant default, rental and real estate-owned (REO) residential and commercial property preservation services. Five Brothers, headquartered in Warren, Mich., These include services for the reverse mortgage industry, marking MCS’ initial entry into the sector.

Mortgages 448

Mortgages Principal Commercial Real-estate owned 448

Housing Wire

APRIL 14, 2021

Acquisitions-hungry New Residential Investment Corp. Since the independent public offering fell apart, sources have told HousingWire that private equity owner Lone Star has been shopping for a buyer for Caliber. Caliber made $891 million in pre-tax income in 2020, with a return on equity of 53%.

Residential 370

Residential Loans Equity Mortgages 370

Housing Wire

AUGUST 30, 2022

There is also a renewed interest in the future state of residential mortgage originations. This has led many lenders to feel overwhelmed by options and lack understanding of how, when and where to best implement new technology. Many of these goals lead to adding technologies that can both speed up cycle times and drive down costs.

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Lending Technology Equity Loans 435

Housing Wire

DECEMBER 15, 2022

It’s picked up PropertyVal , a Maine-based AMC that is among the largest independent residential appraisal firms in the state. “We In February, the company acquired Detroit-based AMC Metro-West , one of the largest independent residential appraisal firms in the country, with staff across 80 metros. has acquired yet another firm.

Residential 370

Residential Lending Equity Technology 370

Housing Wire

DECEMBER 9, 2022

Companies like ATTOM , a leading curator of real estate data and multi-year TECH100 winner, are making advancements in technology by delivering property data solutions that address a wide range of needs for real estate professionals. This data allows them to pivot strategies based on their insights. or below).

Industrial 435

Industrial Equity Loans Mortgages 435

Housing Wire

FEBRUARY 10, 2022

On the residential mortgage side for the fourth quarter of 2021, Redwood purchased $3.2 Among those growth plans is a focus on technology investments. In the fourth quarter, the company sold $202 million of SFR loans to a large institutional investor and completed one SFR-loan securitization valued at $304 million.

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Loans Technology Investor Equity 415

Housing Wire

APRIL 11, 2022

Top mortgage lending software and analytics provider Black Knight is reportedly exploring a sale following takeover interest from several private equity firms. “The potential sale appears to be a case when private equity is opportunistic because Black Knight’s stock has underperformed relative to expectations.

Equity 370

Equity Technology Lending Investor 370

Housing Wire

MARCH 23, 2021

Residential brokerage Compass took another step toward becoming a publicly traded company Tuesday, declaring it intends to sell common stock at a share price of between $23 and $26. It would appear that Compass is positioning itself as a technology company and not merely a brokerage. stock price offering.

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Marketing Brokerage Residential Banks 443