Housing Wire

JUNE 12, 2025

National lender HomeXpress specializes in nonqualified mortgages (non-QMs), business-purpose loans for real estate investors and other nonagency mortgage products. billion in unpaid principal balance in 2024 and $1.2 The company, which works in the wholesale and correspondent channels, funded $2.5 billion from January through May 2025.

Loan Officer 272

Loan Officer Principal Loans Mortgages 272

Housing Wire

OCTOBER 24, 2024

Two days later, Onity announced final details of the transaction that included a price revision to $500 million and an aggregate principal amount of senior notes at 9.875% due in 2029. The price to investors will be 99.556% of the principal amount of the notes.

Principal 408

Principal Investor Mortgages Equity 408

Housing Wire

JANUARY 21, 2025

Servicers can automate critical tasks, such as investor reporting and compliance, to streamline workflows and position in-house servicers to win with speed. By adopting advanced mortgage servicing software, lenders can meet investor and regulatory demands while strengthening borrower relationships through faster, more accurate service.

Mortgages 367

Mortgages Investor Loans Principal 367

Housing Wire

OCTOBER 15, 2024

The deal includes Home Equity Conversion Mortgages (HECMs) and mortgage servicing rights (MSRs) with an estimated $3 billion in unpaid principal balance (UPB). Investors will receive Onity’s shares of a new series of non-convertible, perpetual preferred stock, with liquidation preference of about $52.7

Principal 419

Principal Equity Mortgages Investor 419

Housing Wire

MARCH 7, 2024

And so [investors] can start having greater conviction in the future path of interest rates and in the health of the mortgage market.” The pool of non-QM borrowers includes real estate investors, fix-and-flippers, foreign nationals, business owners, gig economy workers and the self-employed.

Investor 419

Investor As-is Commercial Equity 419

Housing Wire

FEBRUARY 6, 2025

Around the same time , Rithm also struck a $720 million deal for Computershare Mortgage Services and its subsidiary, Specialized Loan Servicing , which brought $136 billion in unpaid principal balance (UPB) to Rithms servicing book. Sculptor added another $1 billion in assets during the past year, according to the 2024 earnings report.

Loans 363

Loans Equity Principal Mortgages 363

Housing Wire

JANUARY 26, 2022

Lenders across the board felt that they got truly high ROI from these solutions,” said Sam Ryder, principal at LLR Partners. The post Mortgage Coach and Sales Boomerang snag new investor appeared first on HousingWire.

Investor 364

Investor Sales Mortgages Loan Officer 364

Housing Wire

APRIL 10, 2024

may allow FoA to collapse ~$630 million of securitized buyout [unpaid principal balance (UPB)] and reissue these as [Ginnie Mae] securitizations, improving liquidity and freeing operating capital,” the company said. million in fourth-quarter 2023.

Investor 421

Investor Bankruptcy Finance Equity 421

Housing Wire

NOVEMBER 5, 2024

billion from July to September, at the high end of investor guidance and up from $6 billion in the prior quarter. Regarding loanDepot’s servicing portfolio, the unpaid principal balance (UPB) increased to $114.9 Operational biz loanDepot returned to profitability while increasing its mortgage production and volume. billion on Sept.

Purchase and sale agreement 384

Purchase and sale agreement Equity Loan Officer Principal 384

Housing Wire

JULY 11, 2024

Rocktop — a software-as-a-service (SaaS) company that works to improve yields for institutional investors , asset managers and other participants in the fixed-income and mortgage markets — has now placed more than $60 billion in unpaid principal balance (UPB) on its data management platform. billion in UPB. “The

Due diligence 410

Due diligence Mortgages Investor Technology 410

Housing Wire

FEBRUARY 13, 2025

Kiavi reported that the offered notes were “oversubscribed by five times its capacity” as institutional investors showed interest. The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans. million received a 21.8%

Land 210

Land Investor Principal New Construction 210

Housing Wire

APRIL 28, 2025

During last week’s earnings call, PennyMac Financial Services chairman and CEO David Spector said during a Q&A with investors and analysts that the company’s goals include continued growth in its broker direct channel and 10% market share by the end of 2026 a goal of more than 100% growth over the next 18 months.

Marketing 361

Marketing Principal Loans Mortgages 361

Housing Wire

MAY 19, 2025

In real terms, the crux of the problem isnt so much inefficiencies as it is transparency into the extent of the problem in investor accounting, what you dont know can hurt you. For instance, investor accounting represents about 40% of GSE scorecard metrics but only about 2% of a servicers cost structure.

Mortgages 214

Mortgages Investor Loans Banks 214

Housing Wire

JUNE 20, 2024

Investors representing 96% of the old notes tendered and accepted the transaction. million in principal for new notes guaranteed by, among other things, $60 million in nonagency mortgage servicing rights (MSR) and a securities account holding of $100.6 million in aggregate principal of 2028 senior notes held by Artemis Management LLC.

Principal 418

Principal Lending Mortgages Investor 418

Housing Wire

MARCH 1, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $350 million unrated securitization of residential transition loans (RTLs), the company announced on Monday. The deal drew significant interest from institutional investors and made it Kiavi’s largest securitization since November 2021.

Closing 423

Closing Investor Principal Residential 423

Housing Wire

JULY 22, 2024

The lender said its newest offering “garnered interest from a broad set of institutional investors” and wound up selling out. Like its prior deals, this one includes a two-year revolving period during which investors can reinvest their principal returns to purchase newly originated loans.

Loans 422

Loans Closing Investor Principal 422

Housing Wire

MAY 17, 2021

Despite heightened investor uncertainty during the onset of the pandemic, GSE-backed mortgages have outperformed expectations, the report notes. By the end of 2020, Freddie Mac’s overall proportion of risk transfer to unpaid principal balance had surpassed December 2019 levels.

Principal 377

Principal Investor Mortgages Finance 377

Housing Wire

NOVEMBER 15, 2024

A shift in Rocket Mortgage’s MSR strategy Through the third quarter, Rocket has already acquired or committed to over $70 billion in unpaid principal balance for its servicing portfolio —a 15% increase over year-end 2023. “Together, these assets represent a total of $9.8 That’s 220,000 customers added through Q3.

Mortgages 367

Mortgages Equity Loans Principal 367

Housing Wire

JUNE 11, 2024

Cooper issued senior notes to qualified investors in January that will mature in 2032 and will bear interest at 7.125% per year, paid semiannually. And Rithm Capital priced an offering of $775 million in aggregate principal of senior unsecured notes due in 2029 at 8% per year. The new debt will pay 8.75% — an incremental 0.5%

Principal 454

Principal Mortgages Finance Investor 454

Housing Wire

MARCH 11, 2025

Ludden and Juliane will focus on providing comprehensive advisory services to mortgage lenders, servicers and investors. “We are thrilled to welcome Jeff and Brett to Milliman,” said Jonathan Glowacki, a principal at Milliman. Global consulting and actuarial firm Milliman Inc.

Mortgages 199

Mortgages Principal Residential Investor 199

Housing Wire

SEPTEMBER 10, 2022

This agency’s most recent credit risk transfer (CRT) offering, STACR 2022-DNA6, involves a $1.165 billion note backed by a reference loan pool of 112,865 residential mortgages with an outstanding principal balance of $35.6 billion, according to a presale report by Kroll Bond Rating Agency (KBRA). billion for the $12.2

Principal 421

Principal Loans Residential Investor 421

Housing Wire

JULY 30, 2024

On Monday, the mortgage lender and servicer said that its debt offering to qualified investors through subsidiary Nationstar Mortgage Holdings will bear an annual interest rate of 6.5% The senior notes, also issued to qualified investors, mature in 2032 and bear interest at 7.125% per year, paid semiannually.

Principal 458

Principal Banks Investor Mortgages 458

Housing Wire

MAY 27, 2025

Meanwhile, UBS sold Select Portfolio Servicing (SPS), to a group of investors led by Sixth Street. billion in unpaid principal balance as of March 31. Meanwhile, Two Harbors Investment acquired RoundPoint Mortgage Servicing and Rithm Capital closed a deal for Computershare Mortgage Services, bringing in Specialized Loan Servicing.

Due diligence 165

Due diligence Principal Commercial Mortgages 165

Housing Wire

JUNE 4, 2024

RE/MAX will no longer have a principal operating officer and Smith’s responsibilities will be absorbed by other executives, the company disclosed Friday in a filing with the Securities and Exchange Commission ( SEC ). Parent company RE/MAX Holdings also appointed former Dish Network leader Erik Carlson as CEO in November 2023.

Principal 460

Principal Brokerage Branding Investor 460

Housing Wire

SEPTEMBER 22, 2022

The transaction, CAS 2022-RO9, involves a reference pool of 96,000 single-family mortgages with an outstanding principal balance of $29.3 Through CAS note offerings, private investors participate with Fannie in sharing a portion of the mortgage credit risk in the reference loan pools retained by the agency. percent to 97.00

Principal 383

Principal Investor Loans Mortgages 383

Housing Wire

SEPTEMBER 10, 2024

Rocket aims to double its current market share in purchase mortgages from 4% to 8% and expand its refinance share from 12% to 20%, executives said during the company’s first Investor Day event on Tuesday. billion in unpaid principal balance (UPB) at the end of the second quarter. Rocket originated $42.3 billion). “The

Mortgages 431

Mortgages Marketing Principal Technology 431

Housing Wire

JUNE 18, 2024

million in aggregate principal amount available for 30 days to cover over-allotments. Mr. Cooper issued senior notes to qualified investors in January that will mature in 2032 and bear interest at 7.125% per year. Redwood’s unsecured debt consists of senior notes due in 2029 that pay 9% annually.

Closing 403

Closing Principal Lending Equity 403

Housing Wire

AUGUST 31, 2022

Via Freddie Mac’s S TACR transactions, private investors participate with the agency in sharing a portion of the mortgage credit risk in the reference loan pools retained by the agency. billion of outstanding notes (based on original principal balance) being tendered and accepted. to $1,017.81

Principal 370

Principal Investor Loans Mortgages 370

Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? A significant opportunity To be sure, there are title agencies eager to partner with CRE principals and funds. CRE firms are also suffering through the highest interest rates seen in years.

Commercial 420

Commercial Brokerage Due diligence Title 420

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. million in unpaid principal balance; pool 2 is at $342.5 Fannie Mae attempts to sell its reperforming loans to investors, nonprofits and public-sector organizations.

Loans 384

Loans Purchase and sale agreement Principal Due diligence 384

Housing Wire

SEPTEMBER 14, 2023

This team during my tenure has done the yeoman’s work of really amplifying, collecting and gathering all the loan-level data that is in our securities to be able to disclose that data to investors, so they really understand what’s in the pools that they’re buying and what they’re investing in.”

Principal 406

Principal Investor Loans New Construction 406

Housing Wire

MAY 5, 2022

billion note backed by a reference loan pool of 118,055 residential mortgages with an outstanding principal balance of $35.4 billion note offering issued against a reference loan pool of 190,774 residential mortgages with an outstanding principal balance of $33.6 The credit risk transfer (CRT) offering, STACR 2022-DNA4, involves a $1.5

Principal 370

Principal Fixed-rate mortgage Residential Loans 370

Housing Wire

MAY 20, 2024

California -based multichannel lender and servicer PennyMac Financial Services announced on Monday a proposed private offering of a $650 million aggregate principal amount of senior notes that the company says it will pay back with interest by 2030. They will only be sold to certain large investors, according to the announcement.

Principal 449

Principal Investor Loans Mortgages 449

Housing Wire

MAY 10, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $300 million unrated securitization of residential transition loans (RTLs), the company announced on Friday. The deal drew significant interest from institutional investors. billion since it launched its securitization program in 2019.

Closing 374

Closing Principal Investor Residential 374

Housing Wire

APRIL 8, 2022

billion note backed by a reference loan pool of 140,950 residential mortgages with an outstanding principal balance of $42.9 billion note offering issued against a reference loan pool of 190,774 residential mortgages with an outstanding principal balance of $33.6 The initial STARC deal of this year, STACR 2022-DNA1 was a $1.4

Principal 384

Principal Loans Residential Investor 384

Housing Wire

FEBRUARY 3, 2022

billion note issued against a reference loan pool of 190,774 residential mortgages with an outstanding principal balance of $33.6 Through Freddie Mac’s STACR CRT transactions, private investors participate with the agency in sharing a portion of the mortgage credit risk in the reference loan pools retained by the GSE.

Principal 384

Principal Loans Investor Mortgages 384

Housing Wire

NOVEMBER 7, 2023

The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. That’s a 4% year-over-year increase of 511 principal agents since Q3 2022 and a 3% increase of 422 agents compared to the second quarter of 2023. Revenue decreased by 10% year over year to $1.34

Principal 407

Principal MLS Agents Brokerage 407