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 497

Equity Mortgages Finance Loans 497

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 363

Title Equity Loans Closing 363

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 435

MLS Equity Sales Investor 435

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 482

Equity Mortgages Loans Marketing 482

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 459

Equity Mortgages Principal Finance 459

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 370

Equity Investor Residential Closing 370

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

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 448

Purchase and sale agreement Mortgages Equity Finance 448

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 435

Marketing Sales Mortgages Equity 435

Housing Wire

NOVEMBER 10, 2023

While the current climate may be causing existing-home sales and inventory to fall, it’s driving renewed interest in home equity options. And that offers an incredible opportunity for banks and non-banks alike to improve their digital channels to better support home equity lending. But it’s not all grim news.

Lending 475

Lending Equity Banks Loans 475

Housing Wire

DECEMBER 3, 2023

Rising home prices have pushed the third quarter’s tappable home equity amount near its 2022 peak, but interest rates are making homeowners reluctant to extract that wealth. Rising equity levels are also contributing to low default and foreclosure activity. In 2024, roughly 75% of originations expected to come from purchase loans.

Equity 468

Equity VA loan FHA loan Mortgages 468

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 368

Equity Technology Loans Mortgages 368

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 482

Purchase and sale agreement Pre-approval Brokerage Equity 482

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 488

Residential Equity Mortgages Purchase and sale agreement 488

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 474

Equity Investor Residential Finance 474

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 468

Equity Purchase and sale agreement Loans Mortgages 468

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 531

Mortgages Equity Sales Marketing 531

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 459

Equity Finance Mortgages Industrial 459

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 369

Agents Brokerage Staging Equity 369

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 392

Lending Equity Investor Residential 392

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.

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Purchase and sale agreement Brokerage Equity Development 397

Housing Wire

JUNE 28, 2024

a provider of shared equity financing products, announced Thursday that it hired Paul Giangrande as a corporate executive vice president and president of its mortgage division. Homeowners typically repay the funds provided by selling their property, with the HEI provider recouping their initial investment plus a portion of the sales price.

Equity 396

Equity Purchase and sale agreement Mortgages Finance 396

Housing Wire

APRIL 9, 2025

Realtors most frequently recommended repainting either the entire home or single rooms and replacing the roof as cost-effective ways to prepare a property for sale. Instead, the substantial housing equity that homeowners have built up over time enables them to invest in transforming their homes while they remain in place.

Renovation 390

Renovation Equity Loans Mortgages 390

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 476

Pre-approval Loans Mortgages Equity 476

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 459

Equity Loans Bankruptcy As-is 459

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 487

Mortgages MLS Equity Loans 487

Housing Wire

APRIL 7, 2025

Whats frustrating is that home sales had been ticking up in recent weeks. Weekly pending home sales are starting to come in a couple percent above the year-ago levels. So even if home prices crash 20% across the board bigger than 2008 American homeowners will still have a ton of equity. We are underleveraged on our homes.

Marketing 437

Marketing Sales Mortgages As-is 437

Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. In return, Hometap receives an agreed-up percentage of the sale price or current appraised value. “We

Equity 457

Equity Marketing Investor Loans 457

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 468

Equity Finance Purchase and sale agreement Investor 468

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 460

Sales Mortgages As-is Marketing 460

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 397

Sales Equity Finance Development 397

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 447

Mortgages Equity Loans Marketing 447

Housing Wire

FEBRUARY 11, 2025

The Oregon state senates Committee on Housing Development held a hearing last week on a piece of proposed legislation that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property. Senate Bill (SB) 534 is positioned primarily as a consumer protection measure.

Mortgages 301

Mortgages Equity Industrial Loans 301

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 448

Equity Mortgages Loans As-is 448

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

JUNE 4, 2024

Seller impersonation fraud has reportedly risen significantly over the years, and one such fraudster attempted to cash in by facilitating a fraudulent sale of Graceland, the famous Memphis, Tennessee , home owned by the late Elvis Presley.

Title 488

Title Sales Mortgages Equity 488

Housing Wire

FEBRUARY 7, 2025

A bill introduced into the Oregon Senate that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property could potentially halt the availability of proprietary product offerings in the state. Thats just not doable. By 2024, her home was valued at $425,000.

Mortgages 304

Mortgages Equity Lending Commercial 304