Housing Wire

MAY 21, 2025

The combination of depressed home prices, lower equity, and flooding impacts led to a spike in foreclosures among damaged and flood-affected properties following Sandy, the report explained.

Principal 303

Principal Equity Banks Mortgages 303

Housing Wire

MAY 20, 2025

As Compass continues to grow our presence in the region, we are delighted to welcome Anchor Home and integrate their luxury market expertise, Holly Worthington, principal broker for Compass’s DMV region, said in a statement.

New Construction 323

New Construction Renovation Principal Construction 323

Housing Wire

FEBRUARY 20, 2025

WFP is run by Anderson alongside principal broker Dana Landry, managing partner William Moody and managing partner Marc Schappell. At the end of 2023, the number of principal agents at the brokerage stood at 14,683. It will continue to operate under its own brand and its leadership will be retained.

Brokerage 319

Brokerage Principal Staging Branding 319

Housing Wire

DECEMBER 9, 2024

The attention that Native American communities are paying to their own needs was lauded by Richard Monocchio, principal deputy assistant secretary for public and Indian housing at HUD. Native American Tribes are leading the charge to upgrade infrastructure in their communities, he said.

Principal 370

Principal Land Development Renovation 370

Housing Wire

APRIL 9, 2025

However, three of the four open HECM-related issues according to the HUD OIG are related to the HECM programs principal residency requirements, which state that a HECM borrower must remain in the home as their primary residence. But the company later suspended the assessment indefinitely.

Mortgages 339

Mortgages Principal Loans Equity 339

Housing Wire

JUNE 10, 2025

The principal amount “generally does not come due until the borrower permanently leaves the home, provided the borrower stays current on all required payments, including interest, property taxes and homeowners insurance, and appropriately maintains the home.” The product does not include a preset maturity date.

Equity 373

Equity Principal Development Mortgages 373

Housing Wire

MAY 22, 2025

The deal involves an 18-month revolving period during which principal payoffs can be reinvested to originate new loans, creating a projected $400 million in additional funding capacity. Legacy Group Capital on Thursday announced its first institutional capital partnership with LibreMax Capital LLC , an $11.8

Principal 308

Principal Residential Lending Technology 308

Housing Wire

JANUARY 23, 2025

Wage growth outpaced single-family rent growth for much of the past two years which kept rent growth in positive territory,”said CoreLogic senior principal economist Molly Boesel. . “Single-family annual rent growth slowed in November to the lowest rate in about 14 years. ” Detroit ranked No.

Principal 383

Principal Marketing Mortgages 383

Housing Wire

NOVEMBER 14, 2024

Led by co-principals Annie Tran, Dewey Luong and Tiffany Powell, the Atlas team said that culture is one reason SERHANT. Atlas Group is coming over from Compass. According to 2023 production data from RealTrends Verified , Atlas ranked No. 3 in transactions in Atlanta with 132 and No. 5 in sales volume at $62.6 is an attractive landing spot.

Principal 370

Principal Brokerage Land Technology 370

Housing Wire

NOVEMBER 21, 2024

As we continue to invest deeply into providing our KW-affiliated brokerages support for the development of their team leaders and operating principals, we are excited to welcome Shanan, who will spearhead those efforts,” KW President and CEO Mark Willis said in a statement. “An

Brokerage 368

Brokerage Principal Technology Agents 368

Housing Wire

MARCH 3, 2025

To backstop some of those indemnification obligations, there will likely be an indemnification escrow agreement.

Purchase and sale agreement 389

Purchase and sale agreement Closing Industrial Mortgages 389

Housing Wire

JANUARY 31, 2025

And the company’s servicing portfolio, measured by unpaid principal balance (UPB), rose 10% during the year to $665.8 For 2024 as a whole, the California -based lender earned a profit of $311.4 million, up from $144.7 million in 2023. Its net revenue grew from $1.4 billion to $1.6 Pretax income for the final quarter of 2024 was $129.4

Principal 357

Principal Lending Equity Mortgages 357

Housing Wire

MAY 12, 2025

Melissa Sterling, principal broker and owner of Better Homes and Gardens Real Estate Heritage Group, said the acquisition aligns with the firms strategy of growth through shared values and professional development. Lora Umbarger will continue in her role as principal broker, while Mitch Umbarger plans to focus on his sales practice.

Principal 299

Principal Branding Development Agents 299

Housing Wire

APRIL 14, 2025

In February, Maverix Advisory Group added industry veteran Kevin Van Eck to its leadership roster, appointing him to the role of principal after a 16-year tenure at @properties. The company plans to announce additional advisory board members in the coming months.

Brokerage 359

Brokerage Principal Technology Industrial 359

Housing Wire

FEBRUARY 21, 2025

Growth was frontloaded and slowed throughout the year, CoreLogic senior principal economist Molly Boesel said in a statement. Single-family rent growth averaged 2.6% in 2024, below the 2010-2020 average of 3.5% when rents were growing at a fairly steady rate.

Principal 354

Principal Closing Marketing 354

Housing Wire

NOVEMBER 8, 2024

The complaint states that Official Partners and the brothers agreed to pay the principal sum and interest on the loan, and that Side should be paid additional damages related to legal fees and a jury trial. Side claims the defendants have breached contracts between the two parties that were extended in August 2022.

Loans 369

Loans Principal Brokerage 369

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 409

Principal Investor Mortgages Equity 409

Housing Wire

JANUARY 2, 2025

This program allows seniors to purchase a new principal residence and obtain a reverse mortgage with a single transaction, the report said.

Mortgages 394

Mortgages Equity Principal Loans 394

Housing Wire

DECEMBER 18, 2024

In a company statement, United Real Estate President Rick Haase expressed excitement about bringing SunWest operating principal and partner Jerry Braklow and his team into the fold. Platinum brings a 2,500-agent team with a presence in markets across Kansas, Oklahoma, Iowa and Missouri.

Brokerage 382

Brokerage Principal Branding Agents 382

Housing Wire

JUNE 12, 2025

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

Loan Officer 279

Loan Officer Principal Loans Mortgages 279

Housing Wire

MARCH 3, 2025

Name Job Title Company Name Alejandro Franco Vice President of Finance and Controller Cairn Real Estate Holdings Allyson Jackson Executive Vice President Finance and Treasury Planet Home Lending Amit Arora Chief Investment Officer Opendoor Andrey Gunin Chief Financial Officer A&D Mortgage Bill Warden Chief Financial Officer Dark Matter Brandon (..)

Finance 359

Finance Lending Principal MLS 359

Housing Wire

NOVEMBER 19, 2024

At Corcoran McEnearney, Pejacsevich will serve as principal and chief operating officer, while Buzzelli will serve as chief strategy officer. Also joining the firm’s leadership team is David Howell, who will serve as executive vice president and chief information officer.

Principal 370

Principal Commercial MLS Branding 370

Housing Wire

MARCH 4, 2025

Make sure you research your options, said gerontologist Nancy Schier-Anzelmo, principal in Alzheimers Care Associates in an interview with Yonder. But there is a trade-off, particularly if someone has a need for more variety in medical services that rural communities may not be well-equipped to handle.

Equity 380

Equity Principal Development Staging 380

Housing Wire

NOVEMBER 6, 2024

billion in unpaid principal balance (UPB), but it recorded a net loss of $74.6 Amber Kramer, the company’s chief financial officer, went deeper into the company’s financial results on an earnings call Wednesday. The company’s servicing portfolio grew to $91.4

Principal 360

Principal Mortgages Loans As-is 360

Housing Wire

APRIL 4, 2025

Principal agents and closed loan sellers can ask their LOS administrator to add it to their available product menu, the company said. But the variations available to brokers and principal agents differ. Platinum Peak is now available in at least two reverse mortgage loan origination systems (LOS) for brokers.

Mortgages 280

Mortgages Principal Loans Equity 280

Housing Wire

MARCH 7, 2025

The report also states that the idea is being championed by Irving Dennis, HUDs new chief financial officer and principal deputy. Dennis, the agencys new principal deputy chief financial officer, is a former partner at the global consulting giant EY , also commonly known by its original name, Ernst & Young , the report said.

Technology 278

Technology Principal Industrial As-is 278

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). The parties entered into an agreement on Oct. The MSRs are currently subserviced by Onity subsidiary PHH Mortgage Corp.

Principal 421

Principal Equity Mortgages Investor 421

Housing Wire

NOVEMBER 1, 2024

The program is designed to be based on the UPB (unpaid principal balance), or the loan deliveries we receive in a specific quarter from the lenders, and the corresponding NAQ rate, which is the non-acceptable quality rate. Over the next few months, sellers will have the opportunity to opt in for the full year 2025.

Loans 379

Loans Principal Finance Closing 379

Housing Wire

OCTOBER 30, 2024

This resulted from a portfolio of $878 billion in unpaid principal balance (UPB), including $755 billion in mortgage servicing rights (MSRs) owned by the company. In the third quarter, its servicing book generated total pretax income of $223 million, compared to $221 million in the previous quarter.

Equity 409

Equity Principal Mortgages Lending 409

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 375

Loans Equity Principal Mortgages 375

Housing Wire

MARCH 5, 2024

Department of Housing and Urban Development (HUD) determines how much principal a lender can provide a borrower. This “principal limit” calculation is based on factors like home value, age, and of course, interest rates. Conversely, when expected rates are lower at origination, borrowers are offered more principal.

Principal 430

Principal Mortgages Loans Equity 430

Housing Wire

JANUARY 4, 2024

If passed, House Bill 809 and its companion Senate Bill 1070 would bar insurance carriers from placing a coverage limit on a home that would include the value of the land the house sits on, and it would require insurance companies to offer policies that cover only the unpaid principal on a mortgage.

Principal 522

Principal Mortgages Land Loans 522

Housing Wire

APRIL 22, 2025

Whats slated for the Coastal Bend especially in Port Aransas in terms of new development, new condos, and new neighborhoods is truly impressive, said J Kuper, principal broker of Kuper Sothebys International Realty. Port Aransas Realty has operated in the region since 1986.

Principal 272

Principal Brokerage Development Agents 272

Housing Wire

APRIL 10, 2025

In this kind of interest rate environment, you’re looking at probably around 40% of the home value, up to the lending limit as an initial line of credit principal limit, he said.

Mortgages 347

Mortgages Marketing Principal Lending 347

Housing Wire

DECEMBER 17, 2024

The program, which began in 2014, has seen the GSEs sell a total of 171,333 loans with a total unpaid principal balance (UPB) of $31.4 31, 2023, Fannie Mae and Freddie Mac held roughly 43,000 NPLs in their portfolios, 7% of which were either sold or settled sometime within the first half of this year. billion through the end of June 2024.

Loans 383

Loans Sales Principal Design 383

Housing Wire

SEPTEMBER 10, 2024

After all, older ages and lower interest rates generally yield higher principal limits. The unused principal will grow in the borrower’s favor at current interest rates plus 0.50%. Valuation risk For some markets, waiting may reduce principal limits if property values decline.

Mortgages 431

Mortgages Principal Equity Loans 431

Housing Wire

APRIL 22, 2025

In our production segment, we acquired or originated nearly $30 billion in unpaid principal balance (UPB) of loans at higher note rates, which strategically positions our consumer direct division for significant growth when interest rates decline. billion in unpaid principal balance, down 19% from the prior quarter and up 33% from Q1 2024.

Principal 254

Principal Loans Mortgages Equity 254