Housing Wire

JANUARY 21, 2025

Heres a prime example: FICS Mortgage Servicer software maximizes servicers capabilities by automating key residential servicing operations including payment processing, investor reporting, escrow administration, custodial accounting, imaging, and report writing. This locks down compliance and efficiency in a highly regulated environment.

Mortgages 369

Mortgages Investor Loans Principal 369

Housing Wire

JULY 8, 2024

Roughly eight months after acquiring PacWest Bancorp in a rescue deal , Banc of California is selling roughly $2 billion in business-purpose residential mortgage loans, according to Bloomberg. billion of single-family residential loans at a discount. The bank entered into an agreement to buy $1.8

Loans 409

Loans Principal Banks Residential 409

Housing Wire

AUGUST 15, 2024

Fitch Ratings said in a report that SPS has been servicing residential mortgages since 1989 and residential mortgage-backed securities (RMBS) transactions since 2000. billion in unpaid principal balance (UPB). CEO Sergio Ermotti added on a media call that a “consortium” acquired the business. 36 in the IMF ranking.

Investor 450

Investor Mortgages Banks Principal 450

Housing Wire

MARCH 11, 2025

is expanding into the residential mortgage business, and it’s picked up Sterling Point Advisors ‘ Jeff Juliane and Brett Ludden to lead the effort. “We are thrilled to welcome Jeff and Brett to Milliman,” said Jonathan Glowacki, a principal at Milliman. Global consulting and actuarial firm Milliman Inc.

Mortgages 201

Mortgages Principal Residential Investor 201

Housing Wire

JULY 1, 2024

In 2022, Kaufman co-founded AdaMark Residential , where he served as president. Prior to that venture, Kaufman was a vice president and principal of a luxury residential real estate marketing firm.

Principal 409

Principal Residential Development Sales 409

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?

Commercial 421

Commercial Brokerage Due diligence Title 421

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 FNMA 2022-RPL4 transaction involves three loan pools — with pool 1 composed of loans with about $341.6

Loans 384

Loans Purchase and sale agreement Principal Due diligence 384

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. “Our

Due diligence 410

Due diligence Mortgages Investor Technology 410

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 411

Closing Principal Lending Equity 411

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 421

Principal Loans Investor Residential 421

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. Vedder will continue to lead Securent.

Mortgages 419

Mortgages Principal Residential Brokerage 419

Housing Wire

MAY 5, 2022

billion note backed by a reference loan pool of 118,055 residential mortgages with an outstanding principal balance of $35.4 The KBRA report also mentions that the loan reference pool for the CRT offering has far more geographic diversity when compared with a typical prime-jumbo residential mortgage-backed securities offering.

Principal 370

Principal Fixed-rate mortgage Residential Loans 370

Housing Wire

FEBRUARY 23, 2024

million, which will go toward organizations aiming to boost housing inventory and availability through methods including off-site construction and office-to-residential conversions. “As We need to think creatively, from innovative construction methods to office-to-residential conversions.

Construction 432

Construction Land Residential Principal 432

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 214

Land Investor Principal New Construction 214

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 450

Residential Principal Development Renovation 450

Housing Wire

JULY 1, 2022

of the loans modified included a principal deferral, the OCC said. million first-lien residential mortgages with $2.6 trillion in unpaid principal balance, the report said. This represents 22% of all residential mortgage debt outstanding in the nation. included an interest rate reduction, 84.2% compared to 94.2%

Banks 384

Banks Mortgages Principal Renovation 384

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 428

Closing Investor Principal Residential 428

Housing Wire

AUGUST 14, 2024

billion in unpaid principal balance (UPB). Salt Lake City-based SPS has been servicing residential mortgages since 1989 and residential mortgage-backed securities (RMBS) transactions since 2000, according to Fitch Ratings. In the U.S., Credit Suisse owns Select Portfolio Servicing (SPS). 36 in the IMF ranking.

Banks 410

Banks Closing Principal Residential 410

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 384

Principal Loans Residential Investor 384

Housing Wire

OCTOBER 19, 2022

Nations Direct Mortgage, a residential lender in both the retail and wholesale channels, on Wednesday announced appointing Jack O’Brien as its senior vice president and national sales director. O’Brien & Associates and VP, Eastern regional sales manager at National City Home Equity, among others. .

Sales 429

Sales Mortgages Principal Equity 429

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 409

Principal MLS Agents Brokerage 409

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 408

Closing Principal Residential Finance 408

Housing Wire

MAY 10, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $300 million unrated securitization of residential transition loans (RTLs), the company announced on Friday. The loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions.

Closing 379

Closing Principal Investor Residential 379

Housing Wire

NOVEMBER 24, 2020

Homesnap has great relationships, data , software, and tools for residential real estate professionals that are complementary to our existing offerings ,” Florance said. Principal Broker and CEO of Urban District Realty Ryan Fiero said that demand for the product led to the decision to make PROJETO available to more in the industry.

Principal 432

Principal Residential Commercial Development 432

Housing Wire

JULY 22, 2024

San Francisco -based private lender Kiavi announced Monday that it has closed another multimillion-dollar securitization of residential transition loans (RTLs), bringing its six-month volume of issuances to nearly $1 billion. “This securitization furthers our capital advantage, bringing our half-year issuance to nearly $1 billion.

Loans 431

Loans Closing Investor Principal 431

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. In the average residential transaction, commissions are usually split between the buyer’s agent and the seller’s agent, with the seller typically paying both commissions.

Agents 421

Agents Brokerage Purchase and sale agreement Commercial 421

Housing Wire

SEPTEMBER 22, 2022

The new credit risk transfer (CRT) offering, STACR 2022-DNA7, outlined in a presale report by Kroll Bond Rating Agency , involves a $616 million note offering backed by a reference loan pool of 69,144 residential mortgages with an outstanding principal balance of $19.9 The initial STARC deal of this year, STACR 2022-DNA1, was a $1.4

Principal 370

Principal Loans Investor Residential 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 417

Principal Loans Residential Mortgages 417

Housing Wire

MAY 6, 2024

MBA and NRMLA each state that they are generally supportive of the proposed changes, which include wholesale revisions to the lender table for the best estimate of the total cost of a refinancing to the borrower, as well as increases to the borrower’s principal limit.

VA loan 421

VA loan Principal Residential Loans 421

Housing Wire

NOVEMBER 7, 2023

We are excited to partner with Newrez because their vision, and more importantly, their values fit nicely with our own,” Al Donohue, the operating principal, said in a statement on Monday. “We GLG is also part of a larger Keller Williams Realty franchise group of residential real estate brokerages located in Georgia. It placed No.

Mortgages 410

Mortgages Principal Brokerage Lending 410

Housing Wire

MAY 30, 2024

In March 2024, the national delinquency rate for residential mortgages stood at 2.8% delinquency rate increased from a year earlier in March, driven by an uptick in early-stage delinquencies,” Molly Boesel, principal economist for CoreLogic, said in a statement. of all mortgages in February, up from 1.1% in March 2023.

Mortgages 449

Mortgages Staging Principal Loans 449

Housing Wire

MARCH 19, 2024

has been in business for more than 50 years and offers regulatory compliant default, rental and real estate-owned (REO) residential and commercial property preservation services. It also says that Five Brothers will be integrated into MCS to offer property preservation, maintenance and renovation services.

Mortgages 420

Mortgages Principal Commercial Real-estate owned 420

Housing Wire

JULY 28, 2023

billion of single-family residential loans at a discount, according to the outlet. Banc of California said Tuesday in a presentation that it entered into a “contingent forward asset sale agreement” for its residential mortgage portfolio in a presentation without naming the buyer.

Purchase and sale agreement 370

Purchase and sale agreement Mortgages Banks Principal 370

Housing Wire

APRIL 26, 2024

In February 2024, the national delinquency rate for residential mortgages stood at 2.8%, marking an 0.2 delinquency rate fell from a year earlier for the first time in six months in February, indicating that mortgage performance remains strong,” Molly Boesel, principal economist for CoreLogic, said in a statement.

Mortgages 484

Mortgages Staging Principal Loans 484

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 Terms of the deal were not disclosed. billion in market value as of June 30.

Closing 407

Closing Principal Loans Finance 407

Housing Wire

MARCH 29, 2024

These include wholesale revisions to the lender table for the best estimate of the total cost of the refinancing to the borrower, as well as increases to the borrower’s principal limit. Form 1003 “is also used in the mortgage industry by government sponsored enterprises to originate conventional mortgages,” the notice stated.

Mortgages 419

Mortgages VA loan Principal Loans 419

Housing Wire

JUNE 3, 2022

Lakeview Trust 2022-EBO 2 involves a pool of 2,063 FHA-backed loans with an unpaid principal balance (UPB) of $405.2 Key to EBO offerings is the fact that the FHA guarantees 100% of the principal balance on the loans it insures. Its servicing portfolio for all-agency loans based on unpaid principal balance stood at $374.8

Loans 397

Loans FHA loan Principal Marketing 397