Housing Wire

MAY 7, 2025

In beating its estimates for funded loan volume and by posting a profit in the first quarter of 2025, reverse mortgage lender Finance of America (FOA) saw its volume improve by nearly one-third compared to numbers from Q4 2024. Finance of America is setting the standard for how our industry communicates the role of reverse mortgages.

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Finance Branding Industrial Mortgages 320

Housing Wire

JUNE 3, 2025

Citing an issue in which families across Nevada do not have the resources to compete with institutional investors that buy up single-family homes, Rep. Susie Lee (D) has called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to offer transparency when out-of-state landlords purchase foreclosed single-family homes.

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Investor Real-estate owned Land Finance 277

Housing Wire

JUNE 13, 2025

The non-QM space has long provided a valuable path for foreign nationals and global investors to purchase property in the United States. Even more importantly, non-QM serves international investors and domestic borrowers with unconventional portfolios. housing finance and helping many people achieve the American Dream.

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Due diligence Lending Investor Loans 416

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. Tom Davis: Investor transactions are still close to 28% of the overall purchase market. Many investors prefer to close in the name of an LLC.

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Investor New Construction Construction Loans 421

Housing Wire

OCTOBER 18, 2024

“We have an investor who won’t do any deals in Florida or near major bodies of water.” Some owners of older condo units have had to list at prices far below what they bought the units for because special assessments are so high (and are difficult to finance). “I’m not surprised. Condos are hard.

Mortgages 520

Mortgages Marketing Lending Finance 520

Housing Wire

MARCH 20, 2025

fell in 2024, continuing a downward trend as real estate investors grapple with tight profit margins. Home Flipping Report, investors flipped 297,885 single-family homes and condominiums last year. The home-flipping industry saw investors shy away even more in 2024 amid the extended period of languishing profits. a year earlier.

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FHA loan Investor Finance Renovation 309

Housing Wire

APRIL 25, 2025

Choi brings more than two decades of finance experience across tech and startup sectors to the CFO seat. His track record includes oversight of mergers and acquisitions , and he has scaled high-growth firms backed by investors such as Jeff Bezos and Sam Altman.

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Finance Technology Banks Investor 226

Housing Wire

OCTOBER 24, 2024

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I Many of the distressed properties Sandoval encounters are not in good enough condition to qualify for traditional financing.

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Bankruptcy Equity Hard money loan Finance 421

Housing Wire

JANUARY 3, 2025

As a result, modular construction has become the most effective solution for addressing developers needs for sustainability and business integrity, while avoiding costly premiums that decelerate value for housing investors and buyers within todays tight lending market.

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Development Construction Finance Investor 409

Housing Wire

JANUARY 8, 2025

In the last decade, as more and more homebuyers financed their purchases with mortgage rates in the 4s or lower, an interesting thing happened: We held on to these homes longer and resold them less often. Available inventory of homes for sale fell each year as more and more borrowers had this cheap financing.

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Mortgages Finance Loans Equity 466

Housing Wire

SEPTEMBER 4, 2024

Bosman and Kulvin each have decades of experience in real estate finance and “will strengthen Pretium’s investment team as the firm continues to expand its impact in the residential financial ecosystem,” the company said in its announcement. The firm hired Brendan Bosman, a former senior managing director and head of U.S.

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Finance Residential Investor Lending 419

Housing Wire

MAY 20, 2025

Libby Cantrill, head of public policy at PIMCO, believes real reform for the GSEs and shrinking the governments role in housing finance would actually be easier with Freddie and Fannie under conservatorship. And at least one panelist believed there are significant downsides to ending conservatorship.

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Investor Mortgages Residential Finance 424

Housing Wire

JANUARY 28, 2025

Ruimy noted that the BPL sector accounts for a significant portion of residential mortgage originations, with large investors increasingly turning to BPL lenders like Dunmor. Apollo orchestrated this transaction and now our partnership through Newfi provides the financing needed to grow this business and scale it to a higher level.

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Residential Lending Finance Banks 350

Housing Wire

AUGUST 30, 2024

As a salve, a vocal minority of activists say that “simply” allowing the financing of buyer-agent commissions into mortgages will resolve all concerns. For reasons both practical and legal, buyer-agent commissions are not today explicitly financeable with a mortgage. But let’s suppose all that occurs. Would it be worth the effort?

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Finance Agents FHA loan Closing costs 421

Housing Wire

OCTOBER 28, 2024

The firm has taken heat in recent months from its investors, who felt that the company’s finances were being mismanaged due to its continued losses in quarterly earnings. Its value has dropped from roughly $900 million to $130 million since 2021, according to the Times.

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Brokerage Finance Investor Agents 405

Housing Wire

JUNE 20, 2024

Finance of America (FOA), the leading U.S. reverse mortgage lender, has received shareholder approval upon recommendation of its board to perform a reverse stock split at a 10-to-1 ratio in a move designed to boost the company’s stock price.

Finance 431

Finance Investor Mortgages Equity 431

Housing Wire

AUGUST 15, 2024

Swiss bank UBS Group AG has decided to sell Credit Suisse ’s mortgage servicing company, Select Portfolio Servicing (SPS), to a group of investors led by Sixth Street , HousingWire has learned. Investment firm Davidson Kempner Capital Management is a co-investor. According to Inside Mortgage Finance (IMF), SPS was the 20th-largest U.S.

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Investor Mortgages Banks Principal 450

Marco Santarelli

OCTOBER 13, 2024

Finding the 10 best real estate markets for investors is the first step to making that dream a reality. This guide dives deep into ten markets currently showing impressive growth potential for investors, but remember: real estate investment involves risk. High demand translates to higher rental yields, a key factor for investors.

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Investor Marketing Due diligence Finance 122

Housing Wire

MAY 6, 2024

Finance of America Companies (FOA) announced on Monday that its reverse mortgage brands — Finance of America Reverse (FAR) and American Advisors Group (AAG) — will be consolidated under the singular Finance of America brand going forward. That’s the case for employees, wholesale partners and even investors.

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Branding Finance Equity Mortgages 440

Housing Wire

MARCH 26, 2024

The risky operating environment has been marked by volatile, high interest rates (with 30-year fixed rates now hovering around 7%), high financing costs and moderating rental rates as an influx of multifamily rental properties continues to come online across the country.

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Investor Marketing Construction Loans 458

Housing Wire

JUNE 10, 2025

Ressler joined Real in July 2020 as vice president of finance and was promoted to CFO three months later. Ravi Jani, who joined Real in September 2023 as vice president of investor relations and financial planning and analysis, stepped into the CFO role upon Ressler’s departure. billion over a four-year period. .

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Brokerage Finance Investor Industrial 384

Housing Wire

SEPTEMBER 25, 2024

Foreign investors can help fill the buyer gap Florida remains the top destination for foreign buyers, with 20% of all foreign buyers purchasing in the state, according to the 2024 NAR report. This is an interesting statistic to watch because foreign investors face different barriers to buying than their domestic counterparts.

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Investor New Construction Construction Residential 421

Housing Wire

DECEMBER 10, 2023

Are big Wall Street investors really buying 44% of homes this year? Housing inventory is near all-time lows, but big institutional investors like Invitation Homes or BlackRock aren’t to blame. You can see the percentage of home-buying by big investors — those with 1,000 properties or more — is tiny. of market share in Q2.

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Investor As-is Marketing Closing 544

Housing Wire

JULY 18, 2024

launched on Wednesday to serve international investors in U.S. Investors can partner with a real estate agent , mortgage broker or turnkey provider to locate a property of their choice. bank account is also created to help the investor manage the property remotely, including through fast currency exchange capabilities.

Finance 420

Finance Investor Banks Residential 420

Housing Wire

NOVEMBER 4, 2024

But for first-time and other cash-strapped buyers—those who are not relying on the proceeds of a home sale, who may be using a 100% financed VA loan, whose agents may be layering forms of assistance to put together enough cash for closing—knowing in advance about the seller’s contribution to their agent costs may be essential.

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Debt-to-income ratio Agents VA loan MLS 305

Housing Wire

DECEMBER 3, 2024

We encourage mortgage investors to consider the advantages of incorporating FICO Score 10 T into their models.” Per FICO’s press release, the Montana-based company collaborated with the VA to confirm acceptance of FICO Score 10 T ahead of the widespread transition as required by the Federal Housing Finance Agency (FHFA).

VA loan 383

VA loan Mortgages Loans Lending 383

Housing Wire

JUNE 5, 2024

Leading reverse mortgage lender Finance of America (FOA) has undergone a round of layoffs that are impacting multiple levels of the organization, including retail and corporate leadership positions. The news was first reported by National Mortgage News. It was not specified how many employees nor which specific divisions were impacted.

Finance 457

Finance Sales Equity Mortgages 457

Housing Wire

JANUARY 30, 2025

If a broker is working with an investor that happens to dabble in non-QM, then they’re not going to get all the best practices we’ve aggregated over the last 12 years. Financing for mid-tier builders has become less liquid or choppy compared to the mega builders, right?

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New Construction Construction Marketing Investor 291

Housing Wire

MAY 22, 2025

billion asset management firm that specializes in securitized products and asset-backed finance. The $180 million of additional liquidity complements Legacy s current family of real estate investment funds, which manages approximately $300 million across 1,200-plus investors , the company said in a press release.

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Principal Residential Lending Technology 305

Housing Wire

APRIL 1, 2024

Fintechs involved in homeownership investments have been around for nearly two decades, but it wasn’t until recently that a handful of them have been backed by big investors seeking to take the HEI product mainstream. Potential partnerships Home equity investments are likely to become essential to the home finance product marketplace.

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Equity Finance Purchase and sale agreement Investor 441

Housing Wire

DECEMBER 2, 2024

Ryan Serhant ’s eponymous brokerage has been in rapid growth mode this year following the success of the Netflix show “Owning Manhattan,” and now investors want in on the action. Among its investments are Kings League , LOVB , Bilt Rewards , Blank Street , M1 Finance , Wayflyer , Masterworks , Talkiatry , Kittl and Ownwell.

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Development Brokerage Technology Finance 397

Housing Wire

SEPTEMBER 25, 2024

The share of single-family homes sold to investors peaked at nearly 30% at the start of this year, but these types of transactions dropped significantly in the ensuing six months, according to a CoreLogic report released Wednesday. Investor purchases began to decline in March 2024 and by June represented 23.4% of all U.S. home sales.

Investor 450

Investor Sales Staging Equity 450

Housing Wire

AUGUST 16, 2024

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. The number of home purchases by investors rose 3.4% While investors are still sensitive to mortgage rate changes, they are less sensitive than consumer buyers as 69% of investors pay in cash.

Investor 441

Investor Lending Equity Mortgages 441

Housing Wire

FEBRUARY 13, 2025

We packaged those loans into mortgage-backed securities (MBS) that attracted investors from around the world to support U.S. Fifty-two percent of the primary home purchases Freddie financed went to first-time homebuyers, and 53% of all the home loans it financed were affordable to low- and moderate-income families.

Finance 383

Finance Loans Mortgages Investor 383

Housing Wire

APRIL 10, 2024

Last July, the company sold its title insurance business to Essent Group , followed by strategic changes in September including a transition of its offshore-based operations to a team in the Philippines and the sale of “certain operations” of its home improvement lending business to Aqua Finance.

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Investor Bankruptcy Finance Equity 421

Housing Wire

NOVEMBER 4, 2024

Global credit rating agency Morningstar DBRS last week assigned a “good” rating to reverse mortgage industry leader Finance of America (FOA), confirming the ranking the company was assigned this past summer ahead of its earnings call this week. The rating is officially classified as “MOR RVO2” by Morningstar.

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Loans Finance Equity Residential 383

Housing Wire

FEBRUARY 10, 2025

Cardinal Financial is also offering real estate investor financing with its Foreign Debt Service Coverage Ratio ( DSCR ) and Investor Solutions DSCR products. The former offers financing to international investors, while the latter offers investment financing based on the potential cash flow of the subject property.

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Loans Finance Investor Mortgages 301