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AG Mortgage Investment Trust enters dispute over Western Asset Mortgage Capital

Housing Wire

AG Mortgage Investment Trust, Inc. entered into a dispute with Terra Property Trust, Inc. for Western Asset Mortgage Capital Corp., AG Mortgage, a pure-play residential mortgage REIT controlled by Angelo Gordon & Co. In addition, AG Mortgage is waiving $2.4 the company announced on Thursday.

Mortgages 294
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Opinion: To redress racial bias in mortgage underwriting, scrap the credit score

Housing Wire

mortgage industry recently had to remind itself of this fact when a CNN analysis found that the nation’s largest credit union, Navy Federal, has the widest disparity in mortgage approval rates between white and black borrowers of any major lender. Is the mortgage industry offering fair access to loans?

Mortgages 324
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SFR and fix-and-flip investors expect a better market in 2024

Housing Wire

Last year might best be described as a risk-prone atmosphere for the single-family rental sector and the related fix-and-flip market. We didn’t call it a bear market, but we did call it a lack of liquidity, which I think is more accurate,” said L.D. In 2023, the landscape for home flipping across the U.S.

Investor 426
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5 trends that will reshape the real estate market in 2024

Housing Wire

The landscape of real estate is undergoing significant transformations in 2024, driven by a confluence of technological advancements, shifting market dynamics and evolving consumer behaviors. The housing market’s conditions, characterized by soaring prices and limited availability, have compounded these challenges.

Marketing 437
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REIT fight: Western Asset agrees to merge with AG Mortgage after spurning Terra

Housing Wire

AG Mortgage Investment Trust, Inc. entered into a definitive agreement Tuesday to merge with Western Asset Mortgage Capital Corp., beating its competitor Terra Property Trust, Inc. AG Mortgage, a pure-play residential mortgage REIT controlled by Angelo, Gordon & Co. AG Mortgage waived $2.4

Mortgages 309
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ChatGPT Best Practices for Landlords and Property Managers

GeekEstate

As a real estate professional, it is your job to stay on top of market trends, pricing analysis, buyer and seller behavior, and tenant needs, and that includes new technology too. Below are ways that I believe ChatGPT can be most useful for property managers and landlords, as well as a few areas of which you should be aware.

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Announcing the 2023 Tech100 Real Estate Winners

Housing Wire

For more than a decade, the HW Tech100 program has identified and recognized the most innovative technology companies serving the mortgage and real estate industries. These companies are leading the way toward a more innovative and efficient housing market and bringing to market solutions that we could have only imagined a decade ago.