Housing Wire

APRIL 28, 2025

billion deal to acquire digital real estate brokerage firm Redfin , industry observers are still trying to understand the future of one key asset: Bay Equity Home Loans. While the companies remain quiet on their plans, some Bay Equity employees arent waiting for answerstheyre already looking for new jobs. They will be a great fit.

Loan Officer 370

Loan Officer Equity Loans Brokerage 370

Housing Wire

OCTOBER 24, 2024

The rest are saving their equity with us by either selling to us or allowing us to list.” As you get closer to that (foreclosure) sale date, your options are limited … If you’re going to call me three days prior to sale date, your options are going to be very limited.” Most of the homeowners don’t qualify for refinancing. “I

Bankruptcy 421

Bankruptcy Equity Hard money loan Finance 421

Housing Wire

DECEMBER 9, 2024

Residential sale-leaseback platform EasyKnock has abruptly shut down its operations after facing scrutiny from state regulators and being under fire from disgruntled consumers. After many years of serving consumers, EasyKnock has closed its doors, a message on the companys website states. An acquisition spree followed.

Equity 369

Equity Investor Residential Closing 369

Housing Wire

JANUARY 22, 2025

For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity. Auction.com has long been a leading platform for bank-owned (REO) and foreclosure sales to real estate investors and others seeking a discount.

Proof of funds 370

Proof of funds Equity Technology Banks 370

Housing Wire

MAY 6, 2024

home prices continued to climb in March as a persistent shortage of homes for sale helped to buoy the housing market, according to the Intercontinental Exchange (ICE) Home Price Index. Nationwide equity on mortgaged homes soared to a record $16.9 Nationwide equity on mortgaged homes soared to a record $16.9 About 48 million U.S.

Equity 479

Equity Mortgages Finance Loans 479

Housing Wire

JUNE 25, 2024

The executives now know that the private equity company buying the MLS was formed in January, Vincent said. “We When the management and board of REcolorado received the letter of intent (LOI) to buy REcolorado from the private equity firm, the terms had been redacted and it asked for details on the severance packages for Millman and Baker.

MLS 410

MLS Equity Sales Investor 410

Housing Wire

AUGUST 1, 2024

Rapidly rising home prices are bad news for prospective buyers, but they’re proving quite beneficial for homeowner equity. After a period where equity seemed stagnant or even declining, this brought another boost of good news for homeowners from the enduring housing market boom. The next highest percentage-point gains were Illinois (7.8

Equity 458

Equity Mortgages Loans Marketing 458

Housing Wire

APRIL 18, 2025

First American Data & Analytics has launched a new product designed to help lenders identify title issues earlier in the mortgage and home equity loan process, with the goal of cutting delays and reducing closing times. VeriTitle is available via an API and can be integrated into widely used loan origination and point-of-sale systems.

Title 349

Title Equity Loans Closing 349

Housing Wire

MAY 13, 2024

Residential sale-leaseback platform EasyKnock has acquired the assets of home equity investment firm HomePace , the company exclusively told HousingWire on Monday. HomePace, founded in 2020, specializes in helping homeowners access their equity through home equity agreements. Meanwhile, more than 9 million U.S.

Equity 426

Equity Purchase and sale agreement Residential Investor 426

Housing Wire

JUNE 3, 2025

Lenders in other countries who make use of home equity tapping in a similar way can have different perceptions and market activity in their territories and some U.S.-based industrys nonrecourse feature while surplus proceeds from a posthumous sale are passed onto heirs. While reverse mortgages in the U.S. Like a U.S.

Mortgages 413

Mortgages Equity Banks Lending 413

Housing Wire

OCTOBER 18, 2024

Sellers can tap into their current home equity in a bid to buy another property without coming up with cash for a down payment. Buyers are not required to prepare their current home for sale until after they move into the new property. The Trade-In Mortgage — Calque’s most popular program — functions similar to a vehicle trade-in.

Purchase and sale agreement 420

Purchase and sale agreement Mortgages Equity Finance 420

Housing Wire

JANUARY 27, 2025

Servicing Digital can help customers perform “what-if” scenarios regarding their property, including options to build equity and the benefits or drawbacks of refinancing or paying down their loan. In fact, ICEs Mortgage Monitor data found that as of November 2024, the average U.S.

Equity 361

Equity Technology Loans Mortgages 361

Housing Wire

MAY 21, 2024

Tapping into home equity , particularly for people in or near retirement , can be challenging — especially for those who may have a pressing need. With this product, eligible people 62 and older can extract equity in a variety of ways, say through a lump sum. But their equity is also a tool. Homes are trophies, sure.

Equity 431

Equity Mortgages Principal Finance 431

Housing Wire

NOVEMBER 15, 2024

For mortgage lenders, “the upward move in mortgage rates puts the mini-refi rally we experienced in September on ice for the time being,” Derek Sommers and John Hetch, equity analysts at Jefferies, said in a report on Friday. Origination segment earnings increased 126% quarter of quarter “with any meaningful gain-on-sale margin expansion.”

Mortgages 528

Mortgages Equity Sales Marketing 528

Housing Wire

JANUARY 8, 2025

Available inventory of homes for sale fell each year as more and more borrowers had this cheap financing. In the Altos Research data, we track every home for sale in the country every week. It also means muted equity increases. had these cheap mortgages. We can see the momentum of these changes immediately.

Mortgages 466

Mortgages Finance Loans Equity 466

Housing Wire

MARCH 10, 2025

billion in equity. Varun and I see how much better real estate could be when AI guides customers not just through that first step in their search, but all the way home, through the sale, the loan and then a lifetime of accumulating equity and wealth.

Purchase and sale agreement 458

Purchase and sale agreement Pre-approval Brokerage Equity 458

Housing Wire

FEBRUARY 19, 2024

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 441

Equity Purchase and sale agreement Loans Mortgages 441

Housing Wire

MAY 20, 2025

Kind Lending today announced the appointment of Geri Farr as its senior vice president of West retail sales. ” Prior to Kind Lending, Farr held several high-level positions, including Bay Equity ‘s Southwest Divisional Vice President and Nova Home Loans’ senior vice president, regional manager.

Lending 214

Lending Sales Loan Officer Equity 214

Housing Wire

APRIL 9, 2024

The convergence of homeowner requirements and investor incentives has resulted in a genuine inflection moment for home equity investments (HEIs). Are home equity investments the answer? In simple terms, home equity investments offer homeowners a way to unlock equity without taking on monthly payments or additional debt.

Equity 443

Equity Investor Residential Finance 443

Housing Wire

MARCH 13, 2025

The deal involves two of the nations top-four brokerages by sales volume in 2024, according to data from RealTrends Verified. billion across more than 177,000 home sales. billion across nearly 236,000 sales. billion in equity. billion in equity. Compass ranked No. 1 last year with $184.5 HomeServices was No.

Purchase and sale agreement 382

Purchase and sale agreement Brokerage Equity Development 382

Housing Wire

MARCH 15, 2024

Homeowners 62 and older saw their collective home equity levels drop in the fourth quarter of 2023 by roughly $119 billion to $12.84 This is according to the Reverse Mortgage Market Index (RMMI), a measure of senior-held home equity from the National Reverse Mortgage Lenders Association (NRMLA) and data analytics firm RiskSpan.

Equity 431

Equity Finance Mortgages Industrial 431

Housing Wire

MAY 22, 2025

Inventory grows, sales shrink Redfin said cooler prices stem from a widening gap between supply and demand. Existing-home sales dropped 1.1% Meanwhile, the total number of homes for sale surged 16.7% And the sooner you buy, the sooner you start to build equity. in April compared to a year earlier to reach a six-month low.

Purchase and sale agreement 361

Purchase and sale agreement Backup offer Seller concession Sales 361

Housing Wire

FEBRUARY 3, 2025

The hits keep coming for now-defunct residential sale-leaseback platform EasyKnock. The suits accused EasyKnock of using a deceptive and unfair lending scheme to lure homeowners with poor credit, but with significant home equity, into unlawful, usurious loans known as Sell & Stay transactions. Originally filed by EasyKnock in Nov.

Lending 368

Lending Equity Investor Residential 368

Housing Wire

OCTOBER 25, 2024

The for-sale market, on the other hand, is offering opportunities for buyers heading into the fall, with more than 1 in 4 sellers cutting prices. Tracking affordability over time With rents climbing and the for-sale market softening, including a rise in inventory , now is a great time to help home shoppers understand their affordability.

Pre-approval 450

Pre-approval Loans Mortgages Equity 450

Housing Wire

MARCH 26, 2024

As the person relaxes on the couch watching television at night, they occasionally check the current value of their home and do a rough calculation of the amount of equity that they have accrued. Stated differently, you are dealing with individuals that may be in an equity prison. It comforts them for a brief moment.

Equity 432

Equity Loans Bankruptcy As-is 432

Housing Wire

DECEMBER 4, 2024

The Federal Housing Administration (FHA) announced last week that the Home Equity Conversion Mortgage ( HECM ) limit for 2025 will be $1,209,750. Lisa Moriello, national retail reverse sales manager at loanDepot , also views the new limit as a positive. In general, perspectives shared via social media were also positive.

Mortgages 384

Mortgages Equity Lending Loans 384

Housing Wire

OCTOBER 29, 2024

Though significant, this drop in rates has not yet resulted in a significant uptick in demand and home sales activity, which meant home price growth continued to mellow.” “This month’s release captures the time period during which rates dropped from roughly 7% to 6.35%,” Realtor.com analyst Hannah Jones said in a statement.

Mortgages 461

Mortgages MLS Equity Loans 461

Housing Wire

APRIL 15, 2025

Over the last month, home sales have definitely picked up, especially when compared to last years very low levels. Weekly pending home sales counts have been at or above the year-ago levels for four weeks in a row now. more weekly pending home sales than last year at this time. more sales started than the same week in 2024.

Marketing 407

Marketing Sales Mortgages Equity 407

Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. This increased interest is being led by private equity investors and insurance companies.

Residential 466

Residential Equity Mortgages Purchase and sale agreement 466

Housing Wire

JANUARY 6, 2025

While some homeowners are looking to cash in on the equity they’ve built up since the pandemic, these same increases in property values are driving up the number of home sales that the capital gains tax would be applied to. The share of home sales subject to the tax has more than doubled in the past few years.

Sales 384

Sales Equity Finance Development 384

Housing Wire

APRIL 1, 2024

“What if homeowners could tap into home equity without taking on debt?” Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period.

Equity 440

Equity Finance Purchase and sale agreement Investor 440

Housing Wire

DECEMBER 11, 2024

The 2025 Red Paper from The Agency shows the luxury market making a sharp diversion from the broader existing home sales market, which could clock in near a historic low at fewer than 4 million sales. drop in overall home sales and a 5% rise in median price. The number of homes sold at $1 million or higher rose by 5.2%

Marketing 370

Marketing Equity Sales Mortgages 370

Housing Wire

APRIL 15, 2025

Founded in 1976, FirstTeam operates more than 46 offices with 2,200-plus sales agents. billion in sales in 2024 and recruited 512 agents during the year. As part of its expansion, FirstTeam is offering a unique ownership model for agents that aims to “shift them from commission-based roles to business ownership with equity value.”

Agents 365

Agents Brokerage Staging Equity 365

Housing Wire

OCTOBER 25, 2024

In prior conversations with HousingWire ’s Reverse Mortgage Daily (RMD), leaders of equity sharing companies contend that their products are different from reverse mortgages largely because they are not debt-based instruments. But a court case playing out in the U.S. And that really shows the problem here with this appeal.”

Equity 421

Equity Mortgages Loans As-is 421

Housing Wire

OCTOBER 23, 2024

Cash-out refis have gained popularity due to record-high home equity levels in recent years. As for the product’s mortgage rates, Elezaj said they are more competitive than HELOCs (home equity lines of credit), traditionally a market dominated by credit unions and depository banks. How much will borrowers pay?

Equity 421

Equity Loans Mortgages Loan Officer 421

Housing Wire

OCTOBER 29, 2024

My advice for buyers is to focus on finding a house they love and try to negotiate on things they have some control over, like the sale price and home repairs,” Chen Zhao, Redfin’s economist research lead, said in the report. First American also noted the benefits tied to rising levels of home equity. renter population.

Mortgages 414

Mortgages Equity Loans Marketing 414

Housing Wire

MARCH 31, 2025

The weekly pending home sales rate is above last year at this time. There are just slightly more home sales happening now than last year at this time. There are more sellers each week, and there are more sales, but the supply side is growing faster than demand. Thats true of the active listings and the pending home sales.

Sales 415

Sales Mortgages As-is Marketing 415