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F2 Finance wants to capitalize on a fragmented fix-and-flip market

Housing Wire

F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. just to give an idea of how fragmented it is in terms of the lender,” Christian Faes, founder of F2 Finance, said in an interview with HousingWire. LendInvest has more than $4.7 billion (£3.7

Finance 370
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Finance of America unveils hybrid reverse mortgage product

Housing Wire

Finance of America Reverse will soon debut a hybrid product that combines elements of a reverse mortgage with a forward mortgage. The new product, called EquityAvail, funds at closing and requires that the borrower make payments for 10 years but at a reduced amount, Finance of America Reverse said this week.

Finance 397
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Selling a Home to Investors Explained

CT Homes

Among these is selling a home to investors , a choice that’s becoming increasingly popular for those seeking a quick and hassle-free sale. In this guide, we’ll explore what selling a home to investors entails and why it might be the easiest way to sell your home quickly. Why Sell Your Home to Investors?

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Fannie Mae celebrates Single-Family Green MBS milestone

Housing Wire

ESG stands for environmental, social and governance — three categories of non-financial disclosures that consumers and investors are increasingly interested in. Johnson said that investors are drawn to the program because of its third-party validation. but are well-established in Europe. Horton, Lennar Corp. and NVR Inc.

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Mortgage reserves can help Black borrowers sustain homeownership: report

Housing Wire

With MRAs, however, variations on the concept “are under early-stage development by retail mortgage lenders and the secondary market actors Fannie Mae and Freddie Mac,” the report explained.

Mortgages 370
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Mortgage forbearance improves in July

Housing Wire

Sorted by investor type, the share of Ginnie Mae loans in forbearance decreased 13 bps to 0.80% in July and the forbearance share for portfolio loans and private-label securities (PLS) dropped 7 bps to 0.45%. By stage, 36.5% of total loans in forbearance are in the initial forbearance plan stage, while 53.3% By stage, 36.5%

Mortgages 370
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Redwood Trust reveals five new VC deals

Housing Wire

At an investor conference last fall, Redwood Trust Inc. The Mill Valley, California-based REIT operates as a specialty finance house that invests in, acquires and securitizes residential loans. Those new investments include venture capital plays, particularly in the financial-technology arena.

Equity 384