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 413

Banks Closing Principal Residential 413

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 435

Closing Investor Principal Residential 435

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 436

Construction Residential Land Principal 436

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 As the mortgage world becomes more technologically interconnected, the risks to cybersecurity, data and infosecurity increase.

Loans 386

Loans Purchase and sale agreement Principal Due diligence 386

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 385

Closing Principal Investor Residential 385

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. PROJETO uses virtual reality technology which allows clients to be put in a virtual representation of a property that hasn’t been built yet. starting in January.

Principal 436

Principal Residential Commercial Development 436

Housing Wire

OCTOBER 19, 2023

This positions our associates to adapt and thrive in the market from both a business growth and technology innovation standpoint,” Matthew Mullin, principal and founder of The Mullin Blankfeld Group, said in a statement. “It It ranked 8th for residential sales volume, with a total of $46,687,375. The Blankfeld Group came in No.

Principal 413

Principal Technology Equity Residential 413

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

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. Five Brothers, headquartered in Warren, Mich., These include services for the reverse mortgage industry, marking MCS’ initial entry into the sector.

Mortgages 425

Mortgages Principal Commercial Real-estate owned 425

Housing Wire

JUNE 5, 2025

Afordal solves one of the biggest pain points in residential real estate; aligning what homebuyers want with what they can afford, said Brad Springer, co-president of RatePlug. The combined technology now powers Afordals integrated features including affordability -based searches, preapproval calculators and AI-powered lead scoring.

VA loan 266

VA loan Mortgages Loan Officer Principal 266

Housing Wire

JANUARY 12, 2024

The value of all residential real estate worldwide is approximately $200 trillion. The numbers are staggering so it is no surprise that residential proptech is a heady market, capturing the imagination of entrepreneurs and institutions alike. Principal among these are: Invested capital “requires” the highest return. exceeds $1.5

Finance 425

Finance Residential Principal Development 425

Housing Wire

AUGUST 27, 2024

These changes will help return older, dilapidated homes into owner-occupied housing stock, and help first-time buyers compete with fix-and-flip investors,” Pete Mills, the MBA’s senior vice president of residential policy, told HousingWire.

Loans 425

Loans Renovation Principal Finance 425

Housing Wire

AUGUST 2, 2021

Vice President of Technology Services. Nexsys Technologies. Principal and Chair, Financial Instituions Regulatory Practice Group. SVP, Residential Servicing Division. Executive, Software Engineering & Technology. VP, Product and Client Services, Secondary Marketing Technologies. Carrie Gusmus.

Title 400

Title Lending Finance Technology 400

Housing Wire

OCTOBER 31, 2022

“The increased M&A activity to-date has been fueled primarily by two factors: 1) pent-up demand for retirement by aged owners who achieved lifetime net worth objectives, and 2) the current industry challenges with more storm clouds on the horizon,” David Hrobon, principal at Stratmor wrote in its October Insights Report.

Industrial 386

Industrial Mortgages Principal Loans 386

Housing Wire

DECEMBER 11, 2023

We locked in rates probably 25% more during that same period,” said Jon Overfelt, director of sales and principal at American Security Mortgage Corp. “We ICE Mortgage Technology estimated tappable home equity – the value borrowers can borrow while still preserving at least a 20% equity stake in the home – was $10.6

Mortgages 463

Mortgages Fixed-rate mortgage Equity Loans 463

Housing Wire

FEBRUARY 14, 2024

Servicing software APIs simplify in-house servicing Digital technologies can help lenders reduce errors, costs, and processing times, delivering better service. These benefits add up to a decisive competitive advantage for these institutions. One of the most significant benefits of utilizing APIs is their workflow automation.

Loans 412

Loans Investor Mortgages Principal 412

Housing Wire

NOVEMBER 4, 2020

Investment loan applications are showing a higher risk because real estate investors have a profit motivation for their activity,” said Bridget Berg, Principal, Fraud Solutions at CoreLogic. This introduces other factors and increases the risk compared to a purchase for personal use.

Mortgages 425

Mortgages VA loan Loans Lending 425

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. ” A multiple is a measure of the price of an MSR loan pool, which is expressed as a percentage of the unpaid principal balance divided by the servicing fee.

Marketing 425

Marketing Lending Loans Principal 425

Housing Wire

AUGUST 26, 2024

“Rate declines will impact companies differently based on their business model,” said Craig Freel, partner and co-chief investment officer at Rice Park Capital Management , an investor in residential mortgage assets. trillion unpaid principal balance (UPB). Cooper had become the largest U.S. trillion once the Flagstar deal closes.

Mortgages 436

Mortgages Banks Debt-to-income ratio Loans 436

Housing Wire

AUGUST 1, 2023

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

DECEMBER 29, 2023

Strategies for 2024 I’m heavily focused on recruiting , improving technology and marketing, empowering the loan officers — by giving them the same technology and marketing support. Jon Overfelt, director of sales and principal at American Security Mortgage Corp. Whatever I have for me, I will do it for them as well.

Mortgages 455

Mortgages Loan Officer Loans Equity 455

Housing Wire

AUGUST 17, 2023

The first thing we go through when I work with real estate brokerages — whether it’s in helping them to streamline their technology or to prepare for sale — is their financials. Scott Petronis is the founder and principal at Xcentric Consulting, LLC. And, one thing that I always spot in these financials is excess spending.

Technology 366

Technology Principal Brokerage Agents 366

Housing Wire

JANUARY 7, 2021

Blend became the first digital lending platform approved for Freddie Mac’s asset and income modeler program, AIM for Assets, in August 2019, and has reportedly already prepared its systems for the new Uniform Residential Loan Application (URLA) transition set for March.

Mortgages 318

Mortgages Lending Loans Investor 318

Housing Wire

JUNE 5, 2024

“As of December 31, 2023, and December 31, 2022, the UPB [unpaid principal balance] of loans subject to repurchase requests issued to our single-family sellers and servicers [versus loans actually repurchased] was approximately $0.5 billion [$500 million] and $1.3 billion, respectively,” Freddie’s SEC filing states.

Loans 425

Loans Mortgages Industrial Technology 425

Housing Wire

SEPTEMBER 10, 2020

Patrick Conroy, principal at Washington, D.C.-based The trillion-dollar residential real estate industry has long been dominated by legacy brokerage firms with limited platform technology and inconsistent franchise operations,” he said in a written statement. “The

Title 348

Title Branding Principal Loans 348

Housing Wire

FEBRUARY 14, 2023

Once the decision is made to retain servicing, the institution must then provide staff, technology and processes based on best practices. The originating firm also suffers, with only 15% of transferred customers saying they would be “very likely” to consider using the original lender in the future.

Loans 370

Loans Investor Mortgages Principal 370

Realty Biz

JULY 1, 2022

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Compass, Inc. She holds an A.B. About Compass.

Principal 87

Principal Development Brokerage Residential 87

Housing Wire

AUGUST 29, 2022

billion in equity as of the second quarter, plus technology that can close loans faster than most competitors, aggressive pricing is a “multibillion dollar decision investment,” as Ishbia put it. With UWM cutting rates and its technology enabling fast closings, Saada’s business with the Michigan lender grew about three-fold since ‘Game On.’.

Loan Officer 413

Loan Officer Loans Equity Mortgages 413

The Close

NOVEMBER 7, 2024

You also want to add overhead expenses like filing your business entity, advertising costs, real estate commissions and finder’s fees, taxes, and mortgage principal and interest. years on a residential investment or 39 years on commercial property, I’m subject to paying the depreciation recapture.

Hard money loan 98

Hard money loan Purchase and sale agreement Investor Due diligence 98

AAOA

JANUARY 23, 2025

in July 2024 Just about every multifamily project that BartonPartners has designed in recent years has marketed itself as a luxury property, says Bill Warwick, AIA, a Principal with the Philadelphia-based architecture and urban design firm. Demand for luxury residential, he says, is being spurred by a growing economy and growing population.

Marketing 52

Marketing Construction Residential Development 52

RIS Media

AUGUST 28, 2021

Tune in to RISMedia’s next webinar, sponsored by the Residential Real Estate Council to hear from established real estate brokers who have successfully kept agent teams continuously interested in their brand. Sasha Tripp is a residential REALTOR® in Charlottesville, Virginia, and the principal broker/owner of Story House Real Estate.

Agents 98

Agents Residential Principal Branding 98

RIS Media

OCTOBER 4, 2020

Readers may nominate as many individuals as they like, as well as themselves, and nominees can be from any walk of the residential or commercial real estate industries, including, but not limited to: brokers, agents, service providers, professionals from the mortgage, title, insurance sectors, etc. Technology achievements.

Closing 106

Closing Principal Commercial Title 106

App Folio

MARCH 2, 2021

We turned our mic onto a discussion between a pair of AppFolio industry principals and JC Castillo, a friend of ours and principal at California-based Multifamily Property Group, which he started in 2006. I’m a Senior Director and Industry Principal with AppFolio. Today, we’re going to let our guests take the reins.

Property Management 111

Property Management Principal Technology Industrial 111

Realty Biz

MARCH 16, 2023

ML: I’m a subject matter expert on foreclosures, short sales, technology and social media, and then I am a full time instructor in the State of Illinois, dealing with license law, pre-licensing, that sort of thing. ML: More technology. I think you’re going to see a continuation of video and of global technology.

Short sale 92

Short sale Investor Technology Principal 92

RIS Media

NOVEMBER 27, 2020

Amy Gorce is the principal of Sales and Business Development for CoreLogic Real Estate Solutions group and is also the executive product owner of Trestle, CoreLogic’s Platinum RESO-compliant data distribution platform. Sponsored By: Moderated By: About the Webinar: Spokesperson.

Marketing 85

Marketing Principal Technology Brokerage 85

RIS Media

MARCH 5, 2021

While people will be more comfortable, a lot of the trends and technology that we adopted during the pandemic, like virtual meetings and closings, will remain as part of our arsenal, and productivity will increase,” says de Nuñez y Lugones. You can have all the technology in the world, but a robot can’t take our place.”.

Principal 119

Principal Industrial Technology Agents 119

McKissock

JULY 2, 2021

Green technology and the popularity of green living are advancing rapidly, and many real estate appraisers are interested in gaining specialized knowledge and expertise in eco-friendly housing. Would like to learn more about the technology!” ” “I am studying hard to pass my appraisal principals course.

Residential 97

Residential Technology Principal Sales 97