Investors are buying more, but spending less

Housing Wire

Real estate investors are buying more properties, but paying less for them, according to a report from RealtyTrac released Thursday based on ATTOM Data Solutions home sales data. In the second quarter of 2021, investor purchases accounted for 15.4%

UWM targets real estate investors with new loan product

Housing Wire

According to UWM, the product called Investor Flex is a 30-year fixed Debt-Service Coverage Ratio (DSCR) loan option for real estate investors. The new product targets real estate investors, a group that represented 16.4%

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Investors are buying up single-family homes across the US

Housing Wire

After three straight quarters of declines, home purchases by investors rose 2.7% Looking to take advantage of the hot housing market and a soaring stock market, investors bought about 1 of every 7 U.S. Investor purchases of single-family homes rose 4.8%

SEC claims Angel Oak Capital Advisors deceived investors

Housing Wire

Securities and Exchange Commission (SEC) alleging that the company misled investors about the delinquency rates in a 2018 private-label securitization involving fix-and-flip loans. The post SEC claims Angel Oak Capital Advisors deceived investors appeared first on HousingWire.

Opinion: Investors play key role in providing affordable housing options

Housing Wire

Investors provide capital necessary for many families to fulfill their aspirations of living in a house whether renting or owning. How can investors help with homeownership? Let’s switch gears and consider how investors help with home ownership. But, who are these investors?

Investors spent a record $63B to buy homes in Q3

Housing Wire

Real estate investors spent a record $63.6 In total, investors acquired 90,215 homes in the third quarter, an 80.2% Redfin defines an investor as any institution or business that purchases residential real estate. In total, real estate investors represented 18.2%

MCT taps Jennifer Kennelly for investor services team

Housing Wire

Mortgage Capital Trading (MCT) announced the appointment of Jennifer Kennelly as the new senior director of its investor services team.

Doma goes public, but investors cash out early

Housing Wire

Digital title provider Doma has finally gone public, but has already had to pay out nearly $300 million to early investors who redeemed their shares. But investors in Capitol exercised rights to redeem nearly 30 million public shares in the company in connection with the merger.

Is investor appetite for non-QM changing?

Housing Wire

HousingWire recently caught up with Steven Schwalb, managing partner of Angel Oak Lending, about the changes investor appetite has gone though for non-QM. HousingWire: What is the investor appetite for non-QM and how has that changed over the past few years?

These markets are attracting the most out-of-state real estate investors

Housing Wire

Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. The post These markets are attracting the most out-of-state real estate investors appeared first on HousingWire.

Investors turn their eyes to affordable housing opportunities

Housing Wire

As the pandemic shifts from crisis to chronic, investors, community leaders and housing advocates say they intend to make the most of the chance to permanently elevate the case for affordable housing even as economic metrics are starting to shift.

Lenders, don’t overlook real estate investors

Housing Wire

HousingWire recently spoke with William Tessar, president of Civic Financial Services , about the private lending space and how LOs can benefit from serving real estate investors. . Since investors buy multiple properties per year, it can fuel more consistent growth.

Investors are still targeting cheaper real estate

Real Trends

The share of single-family home sales purchased by investors as both fix-and-flip properties and long-term rentals rose just over 40% year over year during the third quarter of 2021, according to a report by RealtyTrac released on Tuesday. Investor purchases accounted for 16.4%

Roofstock buys Great Jones platform to help investors profit on their real estate

Housing Wire

Some of these properties have tenants already residing in them, giving investors the opportunity to buy and sell the home without the renters being forced to vacate. The post Roofstock buys Great Jones platform to help investors profit on their real estate appeared first on HousingWire.

Will 2022 be a good year for real estate investors?

Housing Wire

Experienced real estate investors often say that there are opportunities in every market — whether prices are rising or falling, whether the trends lean towards a buyers’ market or a seller’s market. All these investors need are properties to sell or rent.

Mom-and-pop investors are fueling the PLS market 

Housing Wire

If you were to take an inventory of deals which came out, a majority of the deals have been investor [investment property] … deals, and the prime jumbo deals have been very far and few in between.”. in 2021 were bought by institutional investors,” Lind said. “So,

FHA gives investors cold shoulder on foreclosed properties

Housing Wire

The Federal Housing Administration said that nonprofit organizations and owner-occupant buyers will have first dibs on foreclosed properties that get auctioned off through its Claims Without Conveyance of Title (CWCOT) program, specifically prioritizing these groups over investors.

Investor activity in housing market still high

Real Trends

After scooping up a record share of inventory in February 2022 (9.7%), investor activity cooled slightly this spring, as investors purchased 9.5% In April 2015, the investor share of home purchases was 4.8%. rounded out the top five metros with the most investor activity.

Homeowner associations push back against investors

Realty Biz

Investors have been snapping up growing numbers of homes amid one of the hottest housing markets in living memory. Now, homeowner associations are fighting back, rewriting their rules to try and prevent investors from buying homes in their neighborhoods.

Investors from 3 Asian nations have heartiest appetite for U.S. MBS

Housing Wire

trillion MBS portfolio helps fuel widening interest-rate spreads in the MBS market by creating additional MBS supply to be absorbed by investors. Foreign investors represent one large bucket of MBS buyers who could step up to absorb additional MBS as the Fed sheds its holdings.

Why Property Investors Should Invest in Real Estate Technology

Realty Biz

Thanks to residential and commercial technology, you don’t have to have millions to be a real estate investor. Apps like Fundrise, RealtyMogul, and Cadre help the every-person become a real estate investor. Proptech, Realtech, Real Estate Tech. Heard any of these buzzwords lately?

Investor accuses Rocket’s Dan Gilbert of insider trading

Housing Wire

A Rocket Companies ’ investor filed a stockholder derivative complaint on Monday that accuses the company’s chairman of using non-public information to sell stocks and avoid material losses. The post Investor accuses Rocket’s Dan Gilbert of insider trading appeared first on HousingWire.

Bond investor PIMCO bets on home-equity market

Housing Wire

PIMCO, founded in 1971, has a long history of aggregating residential mortgage loans as well as managing assets for corporations, sovereign wealth funds, pension funds and other investors. The post Bond investor PIMCO bets on home-equity market appeared first on HousingWire.

Equity 354

How Biden’s Neighborhood Homes proposal impacts real estate investors

Housing Wire

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My

Cash-rich Investors spent record amounts on U.S. homes in Q3

Realty Biz

Investors have been throwing record-breaking amounts of cash into real estate, spending $63.6 The report found investors bought a combined 90,215 homes in Q3, up 80.2% Under Redfin’s definition, an investor is any institution or business that purchases residential homes.

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.

Mortgage Coach and Sales Boomerang snag new investor

Housing Wire

The post Mortgage Coach and Sales Boomerang snag new investor appeared first on HousingWire.

Important Statistics for Real Estate Investors

Realty Biz

The most important statistics for one investor aren’t always particularly important to another. Investors have been in the habit of catering to baby boomers for so long that many are missing out on the shift in demographics. Ask Brian Investing investors

Real estate investors cite inventory shortages as their biggest challenge

Realty Biz

Home inventory shortages were cited as the number one challenge by 63% of residential real estate investors in a recent survey. Investors don’t see much end in sight either, with 57% saying they believe the lack of inventory will continue to be a challenge over the next six months.

CoreLogic responds to investor groups’ initiation of written consent process

Housing Wire

17 to replace three of the 12 current directors with the investment groups’ nominees, but the two investor group have said they need a “safeguard” to make sure the process moves forward. The investors dropped their takeover bid on Nov.

Investors are rushing to buy up more rental homes

Realty Biz

As demand for single-family rental homes soars amid a growing preference for bigger, more spacious homes, data published this week shows investors are flocking to the market to buy up more stock.

Institutional investors now balk at buying homes in this market niche

Housing Wire

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction.

LendingHome rebrands as “Kiavi” and moves into investor loans

Realty Biz

Mortgage financing and rental loan provider LendingHome is rebranding itself as “Kiavi” as it looks to expand into providing lending options for real estate investors. Mortgage investor finance investor loans Kiavi lendingHome rebranding

As rates skyrocket, ‘Wall Street’ single family rental investors see opportunity

Housing Wire

Two new single-family rental (SFR) securitization deals sponsored by large institutional players — often described as “Wall Street” investors — hit the private label market in June, bringing the total deal count so far this year to 10.

Builders keen to work with bulk-buying new home investors

Realty Biz

American home builders have traditionally always kept investors at hand’s length, preferring to sell directly to individual buyers – homeowners – who’re usually happier to pay more to secure the home of their dreams. Investors remain bullish on single-family rental growth.