Housing Wire

FEBRUARY 21, 2024

An affiliate of Paceline Equity Partners LLC , a private equity manager based in Texas, completed a debt investment in a subsidiary of Constellation Software Inc. The investment stems from a merger agreement between Intercontinental Exchange (ICE) and Black Knight , which included the divestiture of Optimal Blue.

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Equity Loans Mortgages Finance 392

Housing Wire

MARCH 1, 2024

HousingWire is excited to introduce the winners of the 2024 Finance Leaders award, recognizing the top finance executives in housing who are driving financial performance, expanding margins, improving liquidity and helping their businesses access the capital markets. In its 4th year, 40 honorees were recognized.

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Finance Principal Construction MLS 439

Housing Wire

MARCH 7, 2024

For investors in the private-label securities (PLS) market, the earlier signal was enough to unleash a boatload of money that had been sitting on the sidelines waiting for the “peak” to arrive, according to several market experts interviewed recently by HousingWire. It’s a matter of speed. …

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Investor As-is Commercial Equity 420

Housing Wire

APRIL 30, 2024

Nominations for HousingWire’s 2024 Marketing Leaders Leaders award are open now through April 30th, 2024. Savvy marketing leaders like Coleen Bogle, CMO at New Jersey-based mortgage lender The Money Store have become critical to the industry. Click here to nominate someone.

Loan Officer 421

Loan Officer Technology Loans Finance 421

Housing Wire

APRIL 26, 2024

How does Acra manage liquidity so that you don’t just survive but thrive? I think one is, when you’re talking about managing liquidity in a period when interest rates go up as fast as they did, we weren’t hedging our pipeline. This is where the market is.” So much of our industry is sales and marketing first.

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Lending Loans Technology Industrial 423

Housing Wire

FEBRUARY 23, 2024

For many real estate agents, a logical step on their path of professional development is becoming a real estate broker, then working as either a managing broker or a broker-owner. Provide the support and resources needed to help your agents work in these markets. Pursue strategic partnerships with lenders or title companies.

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Brokerage Development Property Management Title 402

Housing Wire

APRIL 2, 2024

While real estate brokerages have no control over interest rates, transaction levels or home sales prices, they realize that proactive recruiting of agents is a key to success in a slow market. Sales managers often struggle to source enough quality agents to feed the top of their funnel.

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Agents Brokerage MLS Technology 390

Housing Wire

APRIL 1, 2024

Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. Hometap is among a handful of companies — including Unison , Unlock , Point and Aspire — that offer home equity investments. The annual investment volume in the U.S.

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Equity Finance Purchase and sale agreement Investor 440

Housing Wire

APRIL 12, 2024

As artificial intelligence continues to grow in prominence, mortgage professionals “must carefully evaluate and manage” their use of AI and “focus on deriving the benefits while avoiding potentially catastrophic risks.” trillion in 2032.

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Industrial Technology Banks Mortgages 416

Housing Wire

NOVEMBER 29, 2023

In the ever-competitive real estate market, creating a consistent flow of real estate buyer leads is strategy for success. But beyond first-timers, we’ll show you how to attract real estate buyers of all kinds through a multi-tiered marketing approach that boosts both your visibility and credibility with potential buyers.

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Branding Design Agents Marketing 410

Housing Wire

FEBRUARY 10, 2023

Cooper has signed a definitive agreement to acquire the investment management firm Roosevelt Management Company, LLC., The deal also includes the operations for affiliated company Rushmore Loan Management Services, LLC. residential markets over the last decade. the company confirmed on Friday.

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Closing Investor Residential Loans 370

Housing Wire

FEBRUARY 12, 2024

A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. Since its foundation in 1997, Proprietary Capital has developed a platform to invest in the U.S.

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Lending New Construction Construction Finance 419

Housing Wire

JUNE 28, 2023

One consequence of mortgage lenders – and LOs, for that matter – being on the ropes is the lack of investment back into their business. Interestingly, 57% of the 166 respondents said they do not plan to invest in tech, services or solutions in the third quarter.

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Mortgages Loan Officer Loans Technology 370

Housing Wire

FEBRUARY 22, 2024

Despite slower housing market conditions , Big Four title firms Stewart , First American and Fidelity National Financial all managed to earn profits in 2023. These strategic investments are resulting in cost ratios that are somewhat elevated given we are in a market with historically low transaction volumes,” Eppinger said.

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Title Marketing Investor Commercial 421

Housing Wire

MARCH 28, 2024

the parent of digital lender Better.com , narrowed its net loss between the third and fourth quarters of 2023 by more than 80%, driven by expense cuts to its platform and marketing efforts. Going forward, Better is focused on driving market share and reaching profitability in the medium term. Better Home & Finance Holding Co. ,

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Loan Officer VA loan Loans Technology 431

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Treasury market — jumping to as high as 121 in mid-April after ending March near 85.

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Mortgages Marketing Loans Equity 415

Housing Wire

APRIL 18, 2024

A large portion of those loans, once repurchased from the government-sponsored enterprises (GSEs) at par, were later resold for much less in the so-called “scratch and dent market. He is also the co-founder and managing partner of Augment Analytics. The problem obviously is bad loans that lead to repurchase and indemnification.”

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Loans Due diligence Investor Technology 420

Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. When the home sells or the homeowner settles the investment within the 10-year period. Based on the notion that far too many U.S.

Equity 414

Equity Marketing Investor Loans 414

Housing Wire

SEPTEMBER 1, 2023

New York-based investment firm Cerberus Capital Management has entered into a definitive agreement to acquire home equity lender Spring EQ , the companies announced on Friday. Before Spring EQ, he founded New Penn Financial , which was sold to Shellpoint Partners and later acquired by New Residential Investment Corp.

Equity 397

Equity Loan Officer Residential Commercial 397

Housing Wire

DECEMBER 1, 2022

The call for smart home technology is coming from inside the house, as it were — but during times of economic pressure, how can investors and property managers justify the effort and expense of upgrading their communities? Ultimately, Sanchez said that smart home features maximize real estate values both operationally and as investments.

Technology 543

Technology Marketing Property Management Investor 543

Housing Wire

NOVEMBER 14, 2023

Collabra Technology , a real estate marketing and analytics firm, has appointed former Bright MLS executive David Charron to its board of directors, the company announced on Monday. There, Charron served for two years as the chief strategy officer before pivoting to a senior management consultant position. ”

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MLS Investor Industrial Technology 411

Housing Wire

OCTOBER 2, 2023

Mortgage companies raising debt in the current high mortgage rates landscape is a sign that market conditions are improving, although a recovery from the downturn may come later than expected, analysts told HousingWire. The remainder will be used for market-growth opportunities. However, things are different this year, Kornfeld said.

Mortgages 430

Mortgages Marketing Investor Lending 430

Housing Wire

APRIL 15, 2024

Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected. Hagen believes that rates below 6.25% would be supportive of the market.

As-is 458

As-is Industrial Mortgages Loans 458

Housing Wire

MARCH 23, 2022

Minneapolis-based CarVal Investors , a global alternative investment manager and long-time player in the mortgage market, has launched a real estate mortgage investment conduit, or REMIC, that plans to work with loan originators around the country to develop and acquire innovative nonagency mortgage products.

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Banks Bankruptcy Loans Investor 384

Housing Wire

NOVEMBER 21, 2023

The property data provider also promoted Ana Flor and Kara Taylor to the positions of chief people officer and chief marketing officer, respectively. Before the promotions, Flor was the executive vice president of people and Taylor served as executive vice president of marketing. “We

Technology 404

Technology Industrial Marketing As-is 404

Housing Wire

SEPTEMBER 30, 2022

Non-QM real estate investment trust Angel Oak Mortgage Inc. The company appointed Sreeni Prabhu, a managing partner at affiliate Angel Oak Capital Advisors , as the new president and CEO. on Wednesday announced the departure of CEO Robert Williams. The leadership shakeup comes after two consecutive quarters of financial losses.

Mortgages 409

Mortgages Banks Residential As-is 409

Housing Wire

OCTOBER 11, 2023

CEDAR CREEK, Texas — Real estate investment trust Rithm Capital Corp.’s The market can shift, and it could be challenging to add new products or create efficiencies amid legacy structures, he said. In July, Rithm struck a deal to acquire Sculptor Capital Management Inc. 10-12 at the Hyatt Lost Pines.

Principal 471

Principal Loans Investor Finance 471

Housing Wire

MAY 12, 2022

Not everyone can afford to invest in rental property in the area they live in. Whether cash buyers outbid you or you can’t get financing to cover the high costs, it puts a damper on your goal to add real estate investments to your portfolio. Reasons to Invest in Out-of-State Rental Property.

Property Management 421

Property Management Due diligence Finance Investor 421

Housing Wire

NOVEMBER 15, 2023

Troy, Michigan-based appraisal management company (AMC) Class Valuation announced on Wednesday that it has acquired fellow AMC Valuation Connect , formerly a subsidiary of mortgage technology company Mortgage Connect LP. metro markets. In 2021, operating as Class Valuation, the company acquired Pendo Management in Kansas City.

Technology 409

Technology Development Residential Mortgages 409

Housing Wire

JULY 7, 2023

Nationwide Property and Appraisal Services LLC (NPAS), led by Sri Velamati and one of the largest appraisal management companies in the U.S., announced that it has acquired Integrity Appraisal Management (Integrity), a regional AMC based in Houston, TX.

Equity 403

Equity Industrial Marketing As-is 403

Housing Wire

SEPTEMBER 2, 2022

The Impact Shares Affordable Housing MBS ETF, also known as OWNS, is an exchange-traded fund with the ambitious mission of seeking to tap the capital markets to address long-standing affordable-housing and racial-wealth gap issues in U.S. million shares outstanding at a market price of $17.80

Closing 458

Closing Marketing Investor Banks 458

Housing Wire

OCTOBER 18, 2022

Boston-based real estate investment proptech Knox Financial announced Monday it is launching new products on its platform that will help homeowners transform their homes into investment properties. Each Knox product includes guidance from a property wealth advisor, who estimates a property’s investment potential.

Equity 410

Equity Lending Loans Mortgages 410

Housing Wire

OCTOBER 20, 2022

Online bank Ally Financial recorded a $136 million impairment related to its investment in struggling digital mortgage lender Better.com , bank executives said Wednesday during the company’s third-quarter earnings call. Creating a path to success in today’s purchase market. The Securities and Exchange Commission took notice.

Banks 410

Banks Mortgages Equity Investor 410

Housing Wire

JANUARY 30, 2024

The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $1 trillion mark for the fourth year in a row, market observers forecast.

Marketing 406

Marketing Principal Banks Loans 406

Housing Wire

JULY 7, 2023

Nationwide Property and Appraisal Services LLC (NPAS), led by Sri Velamati and one of the largest appraisal management companies in the U.S., announced that it has acquired Integrity Appraisal Management (Integrity), a regional AMC based in Houston, TX.

Equity 368

Equity Industrial Marketing As-is 368

Housing Wire

NOVEMBER 14, 2023

Executives at the company told analysts that more cost-cutting initiatives are needed in a shrinking market to reach profitability. Better had $584 million in cash and short-term investments and $424 million in total warehouse capacity as of Sept. In a down market, Better said it’s maintaining a disciplined execution.

Mortgages 441

Mortgages Finance Technology Loans 441

Housing Wire

MARCH 1, 2024

The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions. Barclays Capital and Performance Trust Capital Partners were joint bookrunners and co-lead managers on the transaction. Nomura Securities International was the primary entity responsible for structuring the deal.

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Closing Investor Principal Residential 424