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MORE Seller Financing wants to debunk ‘the bad rap for wraps’

Housing Wire

In an era of high mortgage rates and stagnant home sales , a real estate transaction model is making waves by reintroducing and standardizing a once-popular financing method. We are the very first company in the country to standardize the seller financing process, put a wrapper around it, brand it and call it MORE, Leahy told HousingWire.

Finance 370
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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. What does this mean for the residential real estate sector and how business-purpose mortgage lenders are trying to expand?

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Waltz raises another $25M to power international real estate investment

Housing Wire

residential real estate is drawing increasing interest from international investors —particularly in Latin and South America — according to Miami -based Waltz , a digital mortgage platform that caters to foreign buyers. bank accounts, exchange currencies and finance property purchases. . homes, Waltz noted.

Investor 366
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Kiavi aims to strengthen construction lending with two executive hires

Housing Wire

Pittsburgh-based lender Kiavi on Monday announced the hirings of Tom Hallock and Robert Jayne as the company seeks to grow its construction financing segment to better meet the needs of real estate investors. Hallock has decades of prior experience in construction financing and real estate investment lending.

Lending 321
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Legacy Group Capital expands consumer financing solutions

Housing Wire

Legacy Group Capital on Tuesday at HousingWire’s The Gathering announced the expansion of its suite of consumer financing solutions. Its expanded solutions include: Buy-Before-You-Sell: Enables homeowners to purchase a new home before selling their current one, with flexible bridge financing that removes timing pressure.

Finance 250
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Private equity and insurance companies piling into residential mortgages

Housing Wire

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. Moreover, the prolonged high-interest-rate environment is leading to lower refinancing rates, which extends the duration of cash flows that investors can expect from these assets.

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Finance of America asks investors to look beyond traditional mortgage

Housing Wire

Finance of America Companies on Wednesday told investors that it managed to increase in originations in 2021, but a more competitive landscape reduced margins and, consequently, the company’s net income. Finance of America funded $35.6 Finance of America shares were trading at $3.39 On paper, the company posted a $1.17

Finance 388