Housing Wire

JUNE 3, 2022

The major market dynamic making EBO deals attractive now, according to KBRA, is a changing of seasons in the mortgage industry, marked by fast-rising rates , high housing prices and a turn toward a competitive purchase-mortgage market. million, with all the loans deemed delinquent. In total, 99.3% are in active foreclosure.

Loans 403

Loans FHA loan Principal Marketing 403

Housing Wire

JANUARY 21, 2025

This strategy gives lenders room to market offerings such as credit cards, auto loans, and depository accounts to clients with that theyre already connected with. They also manage Principal and Interest (P&I) and Taxes and Insurance (T&I) advances and recoveries. Equally important is direct access to comprehensive loan data.

Mortgages 370

Mortgages Investor Loans Principal 370

Housing Wire

SEPTEMBER 28, 2022

One of those MSR offerings involves a Ginnie Mae loan pool of 7,591 mortgages with valued at $2 billion based on the unpaid principal balance. The package is being marketed with Prestwick’s strategic partner, San Diego-based Mortgage Capital Trading (MCT) on behalf of an “independent mortgage banker.”. Presented by: Branch.

Marketing 403

Marketing Principal Loans Mortgages 403

Housing Wire

MARCH 15, 2024

Let’s face it: joint ventures (JVs) and affiliated business arrangements (ABAs) are all the rage in the residential real estate space right now. So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? And why not? CREs need not go it alone.

Commercial 430

Commercial Brokerage Due diligence Title 430

Housing Wire

MARCH 26, 2021

But the East Coast seaside town was gaining popularity way before then – millennials , especially, began flocking to the Portland housing market in 2020 to take advantage of the city’s growing startup scene of biotechnology , bioscience and biopharma. A balanced market, Davin said, requires five to six months.

Marketing 475

Marketing Land Principal Sales 475

Housing Wire

AUGUST 9, 2022

The latest non-QM player to feel the pain of the interest rate volatility afflicting the nation’s housing market this year is a Pasadena, California-based real estate investment trust called Western Asset Mortgage Capital Corp. billion in assets, has a diverse portfolio of residential and commercial real estate assets. or 7% deals.

Marketing 403

Marketing Bankruptcy Loans Principal 403

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 The loan offering is being marketed with assistance from Citigroup Global Markets Inc. million; and pool 3, $312.9

Loans 388

Loans Purchase and sale agreement Principal Due diligence 388

Housing Wire

NOVEMBER 1, 2024

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. Also top of the list, agents are marketers. A top-notch real estate agent knows exactly how to market a home listing to get the right eyes on it.

Agents 430

Agents Brokerage Purchase and sale agreement Commercial 430

Housing Wire

FEBRUARY 13, 2025

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans.

Land 220

Land Investor Principal New Construction 220

Housing Wire

JULY 1, 2024

In this role, Kaufman will oversee sales and marketing efforts for the company’s new development projects across Florida and North Carolina. In 2022, Kaufman co-founded AdaMark Residential , where he served as president. Kaufman is also a member of the Florida Board of Realtors. Adam brings a wealth of experience to our team.

Principal 417

Principal Residential Development Sales 417

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 430

Principal Loans Investor Residential 430

Housing Wire

FEBRUARY 16, 2022

The mortgage servicing rights market took off like a rocket in January and it has continued to accelerate into the stratosphere in February, according to industry experts who follow the MSR market closely. Overall, the bulk MSR market should be incredibly robust throughout 2022.”. market share. You just never know.

Marketing 388

Marketing Banks Principal Loans 388

Housing Wire

MARCH 10, 2022

The company’s unpaid principal balance increased 18% last year to $70.9 The liquidity, according to executives, may support mergers and acquisitions, mainly targeting businesses that have a decent market share in their areas, so Guild can keep its focus on building local infrastructure. Guild had $243 million in cash and $1.5

Marketing 417

Marketing Loans Principal Mortgages 417

Housing Wire

OCTOBER 3, 2024

It comes as Securent seeks capital to invest in rising-demand products, especially in the residential mortgage-backed securities (RMBS) space. He previously worked with VineLight’s principals, Bryan Binder and Jason Garmise, at CastleLine , a provider of mortgage data and insurance products.

Mortgages 429

Mortgages Principal Residential Brokerage 429

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The federal funds rate doesn’t directly dictate mortgage rates, but it does steer market activity to create higher rates and reduce demand. A less volatile market? The consumer-price index rose 8.6% mortgage industry to fund $4.1 trillion in 2023.

Marketing 430

Marketing Fixed-rate mortgage Loan Officer Pre-approval 430

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. billion in UPB.

Due diligence 417

Due diligence Mortgages Investor Technology 417

Housing Wire

MARCH 17, 2022

The rate volatility created by fast-rising inflation, now approaching 8% annualized , and the opposing flight to quality sparked by the war in Ukraine, is complicating an already challenging execution environment in the private-label securities market. And three more hikes are planned for 2023.).

Loans 408

Loans Marketing Residential Due diligence 408

Housing Wire

NOVEMBER 17, 2022

The executive spoke during a panel at the 8th Annual Residential Mortgage Servicing Rights Forum, a conference held in Manhattan on November 14 and 15. Of those issuers already compliant with RBCR, many have ample equity capital to support the acquisition of MSRs that may come on the market.” They will depress it (the market).

Marketing 430

Marketing Lending Loans Principal 430

Housing Wire

NOVEMBER 7, 2023

The brokerage’s national quarterly market share grew by 26 basis points year over year, reaching 4.4% The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. However, it was better than the overall residential industry, which fell 20%, according to Greg Hart, chief operating officer at Compass.

Principal 417

Principal MLS Agents Brokerage 417

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 loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions.

Closing 440

Closing Investor Principal Residential 440

Housing Wire

NOVEMBER 10, 2020

The “yes” vote also means that inherited homes not used as principal residences may be reassessed at market value when transferred. The passing of Amendment B repealed the Gallagher Amendment of 1982, which set residential and non-residential property tax assessment rates in the Colorado state constitution.

Residential 460

Residential Principal Development Renovation 460

Housing Wire

MAY 5, 2022

Freddie Mac is bringing another credit-risk transfer offering to market, its fourth of the year, through the agency’s Structured Agency Credit Risk (STACR) program. billion note backed by a reference loan pool of 118,055 residential mortgages with an outstanding principal balance of $35.4 a week earlier.

Principal 370

Principal Fixed-rate mortgage Residential Loans 370

Housing Wire

FEBRUARY 2, 2023

The California-based Pennymac Financial Services executives rightsized the company and invested in its servicing portfolio amid a shrinking market in 2022. Looking ahead, Pennymac’s executives expect the market to decline even further this year as overcapacity remains. Despite their efforts, profits still dropped to $475.5 to 2.0%. “The

Marketing 369

Marketing Banks Principal Loans 369

Housing Wire

JULY 20, 2023

Rumors this week that regulators would increase residential mortgage capital requirements for larger depositary banks, far exceeding international standards under the Basel III rules, have raised alarms for industry executives, analysts and trade groups. ” However, the regulatory proposal comes amid a shrinking jumbo market.

Mortgages 370

Mortgages Banks Marketing Residential 370

Housing Wire

NOVEMBER 24, 2020

“We are excited to join CoStar Group and leverage their 30 years of knowledge and experience in property data, software and marketing to take advantage of this significant growth opportunity.”. CoStar’s Founder and CEO Andy Florance said that this acquisition will enable the company to enter a new space and expand market presence.

Principal 441

Principal Residential Commercial Development 441

Housing Wire

FEBRUARY 17, 2022

The most recent RMBS Credit Indices report from the Kroll Bond Rating Agency (KBRA) shows that loan pools supporting outstanding private-label residential mortgage-backed securities issuances overall are performing relatively well to date in both the prime and nonprime markets.

Marketing 370

Marketing Staging Loans Principal 370

Housing Wire

JUNE 18, 2024

million in aggregate principal amount available for 30 days to cover over-allotments. The company said the proceeds of the debt offering are expected to fund, among other things, the firm’s residential lending business, the acquisition of mortgage-backed securities (MBS), and strategic acquisitions and investments. .”

Closing 425

Closing Principal Lending Equity 425

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

Principal 388

Principal Loans Residential Investor 388

Housing Wire

FEBRUARY 3, 2022

Denver-based Incenter’s managing director, Tom Pierc y, said he expects the rising tide of business to continue for the foreseeable future, so long as the housing market is swept up in a rising-rate environment — prompting holders of MSRs to sell the assets. And now we just did over $110 billion for the month of January.”. “The

Purchase and sale agreement 370

Purchase and sale agreement Marketing Equity Banks 370

Housing Wire

APRIL 19, 2024

“The PDS revision is an important component toward our ongoing transition to granular loan-level data collection and analysis,” Sam Valverde, Ginnie Mae principal executive vice president, said in a statement. Department of Veterans Affairs (VA).

Principal 428

Principal Loans Residential Mortgages 428

Housing Wire

JANUARY 4, 2022

Pontiac, Michigan-based United Wholesale Mortgage (UWM) capitalized on a booming private-label market in 2021 by sponsoring its inaugural securities transaction this past May, a prime jumbo deal involving 508 mortgages with an aggregate principal balance of $351.9 to 72% across the three deals in a market with fast-rising home prices.

Marketing 387

Marketing Debt-to-income ratio Loans Mortgages 387

Housing Wire

OCTOBER 1, 2024

Annaly has $75 billion in assets invested across its agency mortgage-backed securities (MBS), residential credit and MSR strategies. It has built an MSR platform with 608,000 loans, representing $192 billion in unpaid principal value (UPB) and $2.8 billion in market value as of June 30. billion as of June 30. “We

Closing 417

Closing Principal Loans Finance 417

Housing Wire

MAY 30, 2024

In March 2024, the national delinquency rate for residential mortgages stood at 2.8% The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. Early-stage delinquencies (mortgages 30 to 59 days past due) accounted for 1.5% in March 2023. Furthermore, a U.S.

Mortgages 460

Mortgages Staging Principal Loans 460

Housing Wire

SEPTEMBER 30, 2024

The notes were offered by Mello Warehouse Securitization Trust 2024-1 and secured by newly originated first-lien, fixed-rate and adjustable-rate residential mortgages. The loans are produced according to criteria from Fannie Mae , Freddie Mac and Ginnie Mae.

Closing 417

Closing Principal Residential Finance 417

Housing Wire

MARCH 19, 2024

MCS contends that the deal creates “a national property preservation and services market leader that combines complementary business offerings to serve an extensive network of clients in the mortgage services and single-family rental sectors.” Five Brothers, headquartered in Warren, Mich.,

Mortgages 430

Mortgages Principal Commercial Real-estate owned 430

Housing Wire

JULY 10, 2023

As the spring homebuying season comes to an end, there are distinct signs of the housing market reheating from a home price perspective. markets seeing prices at or above 2022 peaks. below peak, the largest gap of any market. Just eight of the top 50 markets are currently more than 5% below their 2022 peaks.

Principal 403

Principal Residential New Construction Land 403

Housing Wire

APRIL 26, 2024

In February 2024, the national delinquency rate for residential mortgages stood at 2.8%, marking an 0.2 The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. percentage-point decrease from February 2023. Despite economic challenges, the robust growth in U.S.

Mortgages 492

Mortgages Staging Principal Loans 492