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Fannie Mae unveils $997M reperforming loan offering 

Housing Wire

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. Loans in Pools 1 thru 3 are being serviced by New Residential Mortgage LLC , NewRez LLC and Fannie Mae — and subserviced by NewRez LLC, Fannie’s fact sheet on the deal states. billion.

Loans 384
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Compass acquisition could worry some California agents

Housing Wire

Compass announced Monday that it has reached an agreement to buy San Francisco-based real estate transaction platform Glide , a deal that some California real estate agents may feel uneasy about. The buy is Compass’s first since the residential brokerage started publicly trading shares earlier this month.

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How proptechs are adapting in a changing market

Housing Wire

Just a couple years ago there was incredible momentum building around alternative ways to purchase, sell and extract value from residential properties. The highly competitive purchase market and bidding wars gave rise to power buyer models to help non cash buyers compete. homeowners.

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Better reports improved net loss of $45.5 million in Q2

Housing Wire

CEO Vishal Garg said in an interview with HousingWire that the company targets mortgage marketplace and white-label technology models. billion in production volume in the first half of 2023, refis accounted for $131 million and purchase loans consisted of $1.6 residential mortgages, the company said. in the same period in 2022.

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Market Map: 240 Real Estate Technology Companies Transforming Today’s Housing Market

GeekEstate

I’m excited to release Thomvest’s real estate technology market map, which includes more than 240 companies operating within the residential real estate segment. This market map real estate technology companies operating across every phase of the home purchase value chain. Expanding access to home financing options.

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Compass is Guaranteed Rate’s latest dance partner

Housing Wire

Guaranteed Rate, the Chicago-based mortgage lender , and Compass, the New York City-headquartered residential real estate brokerage , “entered into a definitive agreement to form OriginPoint , a new mortgage origination company,” according to a press release Tuesday. Guaranteed Rate Affinity originated $13.4

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Proptech Job Opportunity: Head of Business Development & Strategic Partnerships at EasyKnock

GeekEstate

We have a job opportunity to share from a member of GEM Diamond, EasyKnock , an institutionalized sale-leaseback residential platform. Negotiate partnership agreements and contracts, ensuring favorable terms and mutually beneficial outcomes for EasyKnock and its partners.