Housing Wire

APRIL 4, 2024

This rate is used, among other things, to help determine a borrower’s initial principal limit (borrowing capacity). When looking up the borrower’s principal limit factor, we would use 6.75%. So, it is understandable that HECM prospects want to know how unlocked expected rates could impact their principal limit. Example With a 2.5%

Principal 421

Principal Mortgages Loans Equity 421

Housing Wire

JUNE 11, 2024

And Rithm Capital priced an offering of $775 million in aggregate principal of senior unsecured notes due in 2029 at 8% per year. million in aggregate principal of 2028 senior notes held by Artemis Management LLC. The new debt will pay 8.75% — an incremental 0.5% It reported a cash balance of $604 million at the end of March.

Principal 469

Principal Mortgages Investor Finance 469

Housing Wire

DECEMBER 20, 2023

“Well-known across our ecosystem as servant leaders, Wendi and John will act as growth partners for our regional operating principals and regional directors,” Mark Willis, CEO of KW , said in a statement. Wendi has inspired, trained, and recruited many of our best agents, team leaders, and operating principals,” Willis added.

Principal 425

Principal Agents Marketing Brokerage 425

Sotheby's International Real Estate

JANUARY 20, 2022

Ordino, The Principality of Andorra | Narcís Socías Tomàs, Andorra Sotheby’s International Realty . Continue reading New Development Spotlight: Ordino Resorts Villas Residential in the Principality of Andorra at Sotheby´s International Realty | Blog.

Principal 96

Principal Residential Development Branding 96

Housing Wire

AUGUST 13, 2024

Like prior transactions, the deal includes a two-year revolving period during which principal payoffs can be reinvested to purchase new loans. The notes are backed by 659 mortgage loans with a total principal balance of approximately $168 million.

Investor 425

Investor Principal Mortgages Residential 425

Housing Wire

MAY 29, 2024

The government-sponsored enterprises (GSEs) are now targeting a 20% reduction in principal and interest (P&I) payments to keep borrowers facing permanent financial stress in their homes. “The Fannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation solutions known as Flex Modification.

Principal 445

Principal Loans Mortgages Finance 445

Sotheby's International Real Estate

MARCH 28, 2022

The Principality of Andorra can be found on the Iberian Peninsula, bordered by France and Spain. Continue reading Global Getaways: Luxury Rental Market Spotlight On The Principality of Andorra at Sotheby´s International Realty | Blog.

Principal 75

Principal Marketing 75

Housing Wire

JUNE 20, 2024

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. million in aggregate principal of old notes will remain outstanding.

Principal 425

Principal Lending Mortgages Investor 425

Brownstoner

AUGUST 24, 2021

In the News City Will Require Shots for All Teachers and Principals [NYT] Firefighters Rescue Residents From Bed Stuy Blaze [BP] A Joyful Brownstone in Bushwick [Curbed] Bed Stuy Victims of Housing Scheme Can Stay In Their Home [Patch] Petition Rushes to Save Grand Prospect Hall From Demolition [Patch] Popeyes Opens at 918 Manhattan Avenue [Greenpointers] (..)

Principal 98

Principal 98

Housing Wire

AUGUST 16, 2024

“Our team operates as a boutique group with a strong commitment to honesty, integrity, and making our clients’ days brighter with a touch of fun and a smile,” Denise Bodman, the group’s co-principal, said in a statement. These values align seamlessly with the Compass culture.

Principal 425

Principal Brokerage Development Construction 425

Housing Wire

OCTOBER 3, 2024

He previously worked with VineLight’s principals, Bryan Binder and Jason Garmise, at CastleLine , a provider of mortgage data and insurance products. Vedder will continue to lead Securent.

Mortgages 425

Mortgages Principal Residential Brokerage 425

Housing Wire

MAY 10, 2024

We showed that when expected rates increase and round up to the next 1/8% (0.125%), the principal available to a prospect is typically reduced by an average of 0.6% (of the home’s value). In the month since my last rate update was published, expected rates increased 39 basis points (0.39%), which rounds to 3/8%, or 3 principal limit cuts.

Mortgages 400

Mortgages Principal Loans Equity 400

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 423

Principal Equity Mortgages Investor 423

Housing Wire

SEPTEMBER 30, 2024

It also sold MSRs of low-coupon originations from the 2020 and 2021 vintages, bringing its total unpaid principal balance (UPB) to $114 billion on June 30 compared to $142 billion on March 31. During the second quarter, the company extended about $500 million in debt due in 2025, which reduced its outstanding corporate debt by $137 million.

Closing 413

Closing Principal Residential Finance 413

Realty Biz

JULY 1, 2022

Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Dawanna Williams is the Founder and Managing Principal of Dabar Development Partners – a real estate development firm that offers modern living solutions with intelligent planning, architectural ingenuity, and environmental integrity.

Principal 87

Principal Development Brokerage Residential 87

Housing Wire

OCTOBER 15, 2024

According to the complaint, in the note, Official Partners agreed to pay Side the principal sum of a redacted amount with interest, as outlined in the terms agreed upon in the note. The complaint states that in mid-April, Side and Official Partners executed an amended and restated secured promissory note.

Principal 407

Principal Brokerage As-is 407

Housing Wire

MAY 10, 2024

Sam Valverde, formerly the principal executive vice president of government-owned corporation Ginnie Mae , was named as its acting president as of May 6, according to an announcement issued by the organization this week.

Principal 399

Principal Finance Banks Loans 399

Sotheby's International Real Estate

AUGUST 24, 2020

The Principality of Andorra | Andreu Cañadas , Andorra Sotheby’s International Realty. Located in the incomparable natural setting of Sant Miquel d’Engolasters, this exclusive 13-penthouse-unit new development named ESCALA defines the discreet luxury lifestyle in the Principality of Andorra.

Principal 64

Principal Development Commercial Construction 64

Housing Wire

AUGUST 16, 2024

Take out a traditional mortgage requiring a monthly payment of principal and interest , which would increase the amount of her monthly retirement distribution, again potentially resulting in a higher tax bill and most definitely decreasing the life of her retirement funds.

Mortgages 463

Mortgages Principal Equity Loans 463

Housing Wire

SEPTEMBER 10, 2024

billion in unpaid principal balance (UPB) at the end of the second quarter. We are committed to $45 billion in unpaid principal balance, or about 150,000 new clients to our servicing portfolio, and these clients are prime candidates for recapture.” The lender has been retaining servicing rights since 2011. The company held $534.6

Mortgages 436

Mortgages Marketing Principal Technology 436

Housing Wire

FEBRUARY 21, 2024

The new option Partial claims are interest-free loans from HUD that borrowers use to make their payments current, with the remainder of the late payments added to the principal and extended for 30 years. During this period, the mortgage will not be modified, facilitating the sale to Ginnie Mae.

Principal 436

Principal Loans Mortgages Renovation 436

Housing Wire

AUGUST 29, 2024

The monthly payment before the refinancing included principal, interest, taxes, and insurance, while the monthly payment after the transaction would include only principal and interest.

Principal 413

Principal Loans Loan Officer Mortgages 413

Housing Wire

JUNE 18, 2024

million in aggregate principal amount available for 30 days to cover over-allotments. And Rithm Capital priced an offering of $775 million in aggregate principal of senior unsecured notes due in 2029 at 8% per year. Redwood’s unsecured debt consists of senior notes due in 2029 that pay 9% annually.

Closing 422

Closing Principal Lending Equity 422

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.

Principal 413

Principal MLS Agents Brokerage 413

Housing Wire

JULY 25, 2024

Right now, with the principal limit factors where they are, especially with younger borrowers (in their 60s to mid-70s), you run the numbers for people and they see that principal limit. Department of Housing and Urban Development ] need to look at this and find a way to bump up the principal limit factors.

Mortgages 420

Mortgages Principal Development Industrial 420

Housing Wire

AUGUST 1, 2024

DeJane Kerr Senior Vice President of Operations Fathom Realty Joel Kirsch VP, Agent Growth & Experience Real Janet Knilans Chief Operating Officer Percy.ai

Due diligence 477

Due diligence Principal Lending Technology 477

Inman

OCTOBER 17, 2024

Inflation, combined with September’s strong jobs report, suggests that the Fed might be rethinking how quickly to cut the Federal Funds Rate, says Windermere’s Principal Economist Jeff Tucker.

Principal 179

Principal Agents Marketing 179

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 ).

Principal 476

Principal Brokerage Branding Investor 476

Housing Wire

OCTOBER 1, 2024

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

Closing 413

Closing Principal Loans Finance 413

Inman

OCTOBER 9, 2024

In this exclusive video series on Inman, Windermere’s Principal Economist Jeff Tucker illuminates the latest stats, reports and numbers you should know. This week: The latest employment numbers.

Principal 182

Principal Agents Marketing 182

Housing Wire

OCTOBER 9, 2024

Mr. Cooper reached more than $1 trillion in unpaid principal balance (UPB) in its servicing portfolio this year. But today, I generally question: Why do we need a dashboard? A dashboard presents information for a human to look at and take action. Why can’t I just take that action?”

Technology 407

Technology Banks Principal Mortgages 407

Housing Wire

AUGUST 6, 2024

We opportunistically took advantage of strong market conditions and monetized approximately $29 billion of unpaid principal balance of our mortgage servicing rights. Hayes said the company hedges its portfolio, which protects against volatility. “We

Purchase and sale agreement 425

Purchase and sale agreement Principal Loan Officer Mortgages 425

RIS Media

DECEMBER 6, 2020

Federal Housing Finance Agency (FHFA) Director Mark Calabria issued a statement at the Financial Stability Oversight Council Principals meeting. In response, we instituted a four-month limit on servicers’ obligations to advance principal and interest payments on loans in forbearance. Source: FHFA.

Principal 83

Principal Finance Banks Loans 83

Housing Wire

SEPTEMBER 22, 2023

Romeo Manzanilla, a seasoned Austin brokerage leader, was appointed principal, chief operating officer, and broker of record for the new firm. He still serves as its CEO and principal. Mooty, who owns @properties Christie’s International Real Estate offices in Dallas and Frisco, is also Jones’ nephew.

Brokerage 413

Brokerage Principal Branding Agents 413

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 A reperforming loan is a mortgage that has been or is currently delinquent but has been reperforming for a period of time.

Loans 386

Loans Purchase and sale agreement Principal Due diligence 386

Brownstoner

AUGUST 6, 2021

Mark’s Comics Reopens in Industry City [BP] Some Public School Buildings May Not Be Able… Read More > The post Daily Links: Principals Say Public Schools May Not Be Able to Social Distance Due to Overcrowding appeared first on Brownstoner.

Principal 75

Principal Industrial 75

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.

Principal 455

Principal Investor Loans Mortgages 455