Housing Wire

MARCH 19, 2025

Texas and Florida also saw high investor activity, with Dallas standing out as a particularly competitive market where all top 10 buyers had a presence. Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin.

Investor 343

Investor Sales Marketing Mortgages 343

Housing Wire

OCTOBER 18, 2024

“We have an investor who won’t do any deals in Florida or near major bodies of water.” One Florida mortgage broker said the Provident exit gave him “a feeling that we will see other major lenders exiting the condominium market in Florida. “I’m not surprised. Condos are hard.

Mortgages 524

Mortgages Marketing Lending Finance 524

Housing Wire

MARCH 20, 2025

Lessons from California wildfires and other natural disasters Californias wildfires highlighted the chaos that natural disasters continue to unleash not just on homeowners, but also on the mortgage servicers tasked with supporting them and the insurance industry that covers the cost of rebuilding.

Mortgages 336

Mortgages Investor Inspection Loans 336

Housing Wire

MARCH 11, 2025

Tomo Mortgage on Tuesday announced the closure of $20 million in Series B funding that was led by three existing investors and a new participant. The funding round was led by prior investors Ribbit Capital , DST Global and NFX along with new investor Progressive Insurance.

Closing 354

Closing Mortgages Investor Loan Officer 354

Housing Wire

FEBRUARY 1, 2025

Higher mortgage rates are forcing many first-time homebuyers to adopt a “wait-and-see” approach to the market. Agents reported that 27% of first-timer buyers requested mortgage rate buydowns from sellers. ” Despite forecasts that predict mortgage rates above 6% in 2025, agents hope for a shift in the market.

Purchase and sale agreement 476

Purchase and sale agreement Mortgages Agents Brokerage 476

Housing Wire

JANUARY 21, 2025

After years of high interest rates, and price spikes, mortgage lenders are optimistic heading into 2025. Fannie Mae predicts a 28% increase in mortgage originations to $2.1 The Mortgage Bankers Association (MBA) also predicts that total origination volume will increase by 28.5%

Mortgages 370

Mortgages Investor Loans Principal 370

Housing Wire

APRIL 30, 2025

If the mortgage industry had a mantra at the start of last year, it was something like: Just survive to get to 2025. But now heres 2025, and its clear that mortgage rates arent falling the way wed hoped, and the market is going to take more time than we thought to find its new normal.

Mortgages 344

Mortgages Industrial Loans Technology 344

Housing Wire

NOVEMBER 4, 2024

With mortgage rates back into the 7% range and several consecutive weeks of reduced demand , Rocket Mortgage is making what appears to be a volume play. The announcement comes shortly after United Wholesale Mortgage (UWM) extended its Refi75 incentive through Nov. Rocket’s new offering debuts roughly one a week ahead of its Nov.

FHA loan 370

FHA loan Mortgages Marketing Loans 370

Housing Wire

AUGUST 2, 2024

Santa Ana, California-based mortgage services and data firm Consolidated Analytics announced on Friday that it has acquired the assets of investor claims and loss-analysis company Investor Claim Solutions (ICS). Consolidated Analytics is a private company and terms were not disclosed. Department of Veterans Affairs (VA), U.S.

Investor 437

Investor Mortgages Technology Loans 437

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Mortgage interest rates have steadily ramped up throughout 2024. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash.

Loans 321

Loans Mortgages Equity Construction 321

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. primary mortgage servicer at the end of June, handling $166.7

Investor 469

Investor Mortgages Banks Principal 469

Housing Wire

APRIL 8, 2025

Fairway Independent Mortgage Corp. announced the incorporation of hybrid e-closings for reverse mortgages on Tuesday, aiming to incorporate its experience with the technology on the forward side of the mortgage business into its reverse mortgage division for the first time. Fairway Independent Mortgage Corp.

Closing 293

Closing Mortgages Lending Technology 293

Housing Wire

DECEMBER 3, 2024

As the mortgage world continues to see rapid tech advancements, staying ahead of the curve requires more than just keeping up — it demands leading the way. Companies like CLARIFIRE — a multi-year Tech100 Mortgage honoree — that delivers advanced automation solutions to servicers. Click here to nominate a tech organization.

Mortgages 363

Mortgages Technology Industrial Investor 363

Housing Wire

AUGUST 13, 2024

Kiavi , a San Francisco-based lender for residential real estate investors , announced on Tuesday the closing of a $400 million rated securitization of residential transition loans (RTLs) in an “oversubscribed” transaction. The notes are backed by 659 mortgage loans with a total principal balance of approximately $168 million.

Investor 440

Investor Principal Mortgages Residential 440

Housing Wire

FEBRUARY 3, 2025

The Tech100 Mortgage award recognizes the most innovative and impactful organizations driving the mortgage industry forward. More than just an accolade, this award highlights organizations that are transforming the housing sectorenhancing efficiency, transparency, and accessibility in ways that reshape the future of mortgage lending.

Mortgages 409

Mortgages Title Lending Loans 409

Housing Wire

OCTOBER 30, 2024

A California regulator has revoked the residential mortgage lending license of LoanSnap , the latest in a series of difficulties for the fintech lender. The company — which is headquartered in Costa Mesa, California — also lost its mortgage lender license in Connecticut earlier this month.

Lending 440

Lending Loan Officer Banks Loans 440

Housing Wire

JANUARY 17, 2025

In a changing real estate market , mortgage lenders face increasing demand. If high mortgage rates and increased liquidity management arent challenging, then regulatory changes, operation inefficiencies, and economic uncertainty are enough. This occurs while they manage the heavy loan of growing origination demand.

Marketing 367

Marketing Residential Commercial Loans 367

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% during the same period, which Redfin attributed to elevated mortgage rates and home prices. Although the U.S. In comparison, total U.S. home purchases fell 1.9%

Investor 461

Investor Lending Equity Mortgages 461

Housing Wire

OCTOBER 28, 2024

Optimal Blue on Monday announced three major product releases — the expansion of its artificial intelligence (AI) assistant suite, the introduction of Scenario Optimizer, and the free availability of Investor Pricing Insight to investor clients. ” The announcements were made at MBA Annual in Denver.

Loan Officer 423

Loan Officer Investor Loans Mortgages 423

Housing Wire

JULY 17, 2024

Real estate investor sentiment rose 16% from the prior quarter and 60% of surveyed investors view the current housing market more favorably than a year ago. But there was a noteworthy divide between short-term fix-and-flip investors and long-term buy-and-hold investors when it came to market sentiment and outlook.

Investor 461

Investor Marketing Design As-is 461

Housing Wire

APRIL 24, 2025

“On the client end, they’re seeing the news and understanding the situation pretty well,” the NEXA Mortgage senior loan officer said. Southeast division vice president at Nation One Mortgage Corp., “Look at the investor space: 25% of transactions last year were investor transactions.

Investor 339

Investor Loan Officer Mortgages Loans 339

Housing Wire

JANUARY 9, 2025

But in instances where these payments may not be enough to make ends meet, other options should be considered and in the right situation, a reverse mortgage could be one such option. A reverse mortgage is a possibility for seniors with substantial equity in their homes, the column stated.

FHA loan 370

FHA loan Mortgages Equity Closing costs 370

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.

Investor 544

Investor As-is Marketing Closing 544

Housing Wire

APRIL 10, 2025

Florida-based Theoris Software has launched a new artificial intelligence (AI) platform, AI agent, it says could transform how mortgage companies handle operations. The platform introduces a digital agent named Alpha7x that automates key processes across the mortgage lifecycle.

Agents 204

Agents Mortgages Loan Officer Loans 204

Housing Wire

FEBRUARY 14, 2024

Real estate investors purchased 26.1% By comparison, investors purchased 13.6% By comparison, investors purchased 13.6% As mortgage rates and home prices have remained elevated across the board, investors have mirrored consumer homebuyers and have shifted their focus toward more affordable homes. a year earlier).

Investor 520

Investor Sales Agents As-is 520

Housing Wire

APRIL 17, 2025

As a result, Ackman claims the plan would boost the stock prices of both companies to the $30 range without putting upward pressure on mortgage rates. This would ultimately raise mortgage rates, which would be politically challenging, the KBW analysts wrote. The plan starts by cleaning up the capital structure, assuming the U.S.

Pre-approval 534

Pre-approval Mortgages Equity Banks 534

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.

Investor 440

Investor New Construction Construction Loans 440

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.

FHA loan 329

FHA loan Investor Finance Renovation 329

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 469

Investor Sales Staging Equity 469

Housing Wire

AUGUST 7, 2024

Single-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as mortgage rates cool and home-price growth subsides. Investors should base their purchasing decisions on realistic expectations.“

Investor 451

Investor Marketing As-is Mortgages 451

Housing Wire

MARCH 20, 2025

It seems that everyone in mortgage and real estate has an opinion about Rocket Mortgage ‘s pending $1.75 After the deal was announced, CEO Varun Krishna told investors that he expects a lift in purchase mortgage growth after the deal closes. Essentially, it’s the holy grail of mortgage and real estate tech.

Mortgages 257

Mortgages Loan Officer Brokerage Loans 257

Housing Wire

OCTOBER 25, 2024

Mortgage technology startup Novaprime is making its public debut with the launch of an AI-powered loan platform that it claims allows lenders to sell loans to investors in just days, instead of weeks, all with a high degree of accuracy. Novaprime is starting with post-close quality control functions and working backwards. That adds up.

Loans 426

Loans Investor Closing Lending 426

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. 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.

Residential 483

Residential Equity Mortgages Purchase and sale agreement 483

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 million delinquent mortgages as of the end of the second quarter of 2024, just slightly below the 2.3 The MBA data show about 2.2

Bankruptcy 440

Bankruptcy Equity Hard money loan Finance 440

Housing Wire

SEPTEMBER 25, 2024

Meanwhile, sellers who locked in a record-low mortgage rate of 3% or less during the pandemic have been reluctant to sell, limiting supply further and leaving fewer options for would-be buyers. This is an interesting statistic to watch because foreign investors face different barriers to buying than their domestic counterparts.

Investor 440

Investor New Construction Construction Residential 440

Housing Wire

APRIL 28, 2025

The acquisition is expected to generate $200 million in run-rate synergies by 2027 through streamlining operations and expanding cross-sell opportunities in mortgage, title, and real estate services. billion in loans in 2021nearly 10 times Redfins in-house mortgage volume. billion, according to Inside Mortgage Finance data.

Loan Officer 389

Loan Officer Equity Loans Brokerage 389

Housing Wire

JANUARY 28, 2025

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. Would you say that the majority of these are smaller investors?

Residential 361

Residential Lending Finance Banks 361