Housing Wire

NOVEMBER 1, 2022

Lenders invest significant time and money into building diverse portfolios of loan products designed to meet borrowers’ unique needs, yet those products often sit underutilized,” Mortgage Coach and Sales Boomerang Chief Lending Officer Joe Puthur said in a statement.

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Industrial Mortgages Loan Officer Loans 420

Housing Wire

JANUARY 23, 2024

As part of their AREA membership, agents will gain access to the National Listing Service , a nationwide database of home listings built off the technology that powers Umansky’s own private listing service. The website for the NLS ( theNLS.com ) is currently live with limited listings.

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Agents Industrial Brokerage Investor 467

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. to 4.75% range, up from 0.25% a year ago. trillion.”

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Marketing Banks Mortgages Investor 380

Housing Wire

NOVEMBER 28, 2022

ALTA said, the FBI report was also spurred on by the trade organization’s efforts of the past two years to get “language included in various House and Senate appropriations reports directing respective agencies to report on efforts to combat and raise awareness of BEC and wire fraud, and collaborate with industry partners to address threats.

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Title Land Technology Industrial 354

Housing Wire

OCTOBER 23, 2020

The settlement occurred just before Guild and its private equity owners McCarthy Capital Partners made a debut on the public markets. Through Guild Holdings, the lender’s management and the private equity investors planned to issue 8.5 It would have raised approximately $153 million. Instead, Guild sold just 6.5

Mortgages 504

Mortgages FHA loan Lending Equity 504

Housing Wire

DECEMBER 12, 2022

The special purpose acquisition company announced Friday that it signed a non-binding letter of intent with the privately held $3-5 billion asset holding company with nationwide residential mortgage lending and servicing operations. “We Figure Technologies raised $1.6

Banks 389

Banks Mortgages Due diligence Technology 389

Housing Wire

MAY 31, 2022

The chief executive officer for real estate brokerage Side announced a fresh $50 million in venture capital money spearheaded by ultra-prolific financier Tiger Global Management. The reason to stay private is twofold, industry experts said. Let’s keep this private. Today, though, Side is radio silent on going public.

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Brokerage Investor Technology Industrial 380

Housing Wire

JUNE 8, 2021

Now, the Atlanta-based lender is looking to raise $165 million as part of an independent public offering. The Canada Pension Plan Investment Board has also agreed to purchase $40 million in shares in a private placement following the IPO. If the stock trades at the midpoint of $20.50 It sees a big opportunity ahead. trillion. .

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Mortgages Loans Banks Lending 252

Housing Wire

APRIL 14, 2022

It doesn’t make sense to start raising interest rates [to fight inflation] without running off their MBS portfolio,” said Laurie Goodman, vice president for housing finance policy and the founder of the Housing Finance Policy Center at the Urban Institute. The FOMC’s next meeting is in early May.

Marketing 416

Marketing Purchase and sale agreement Investor Banks 416

Housing Wire

AUGUST 16, 2022

based, privately held and independent as of Dec. Trius Lending, a local direct and hard-money lender specializing in residential investment, attributed its rapid success to customizing to investors’ needs. We raise funds from outside investors and that’s how we fund these loans. The companies are U.S.-based,

Mortgages 367

Mortgages Lending Investor Loans 367

Housing Wire

NOVEMBER 30, 2022

That correction, well underway, has already taken a hammer to the performance of the private-label and agency mortgage-backed securities (MBS) markets, which are tied closely to lenders’ success in growing mortgage originations. Once the Fed stops raising rates, the market could be expected to normalize. Dour outlook. Keep hope alive.

Mortgages 405

Mortgages Marketing Loans Closing 405

Housing Wire

FEBRUARY 22, 2024

Sarah Wheeler: What led you to leave FHFA for the private sector? And it seems like with technology , even when times are good, a lot of companies aren’t interested because there’s so much money to be made. It’s too much money and it’s too big of a change. A lot of money has gone into building those tools.

Technology 310

Technology Banks Mortgages As-is 310

Housing Wire

MAY 16, 2023

“It was a booming mortgage market, everybody was making money and there were a lot of pros in this company.” But it also contributed to the company to losing money — and, in turn, laying off thousands of employees in 2022. Its private equity backers planned to raise $250 million by selling 12.5

Mortgages 396

Mortgages Loans Lending Equity 396

Housing Wire

SEPTEMBER 23, 2020

As part of the deal, UWM will receive about $425 million in cash held in Gores’s trust account, plus $500 million from a private placement. According to the Journal, founders who put millions or tens of millions of dollars into a SPAC-merged company are typically awarded shares equivalent to about 25% of what’s raised in the IPO.

Mortgages 542

Mortgages Lending Equity Loans 542

Housing Wire

FEBRUARY 7, 2023

“People generally don’t like regulation and don’t like being held to certain standards, but they also don’t like the consequences of crashes, [which] hurt everybody,” said Smith, whose private investment firm is an active MSR portfolio buyer on behalf of institutional investors and others.

Investor 312

Investor Finance Loans Mortgages 312

Housing Wire

DECEMBER 14, 2020

million in a seed round from private investors. Raising money was never the goal. Homebuyer , an Ohio-based software startup offering digital mortgages to first-time home buyers, announced on Monday it had snagged $1.4 It’s a means,” Green told HousingWire.

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Loan Officer Investor Mortgages Loans 345

Housing Wire

JANUARY 25, 2023

” Such a bulk sale, market experts say, if it were to take place, could be handled through a public MSR auction or via private direct transaction. As a result, Wells Fargo could be leaving money on the table if it relies solely on a run-off strategy and fails to capitalize on the current relatively strong MSR market-pricing conditions.

Banks 351

Banks Loans Mortgages Sales 351

Housing Wire

DECEMBER 9, 2020

Mnuchin , have raised a $124 billion claim against the federal government, essentially arguing that the FHFA, which was created in the wake of the 2008 housing crash, acted illegally when it took several actions to prevent Fannie and Freddie from collapsing. The plaintiffs in the case, Collins v.

Finance 404

Finance Loans As-is Mortgages 404

Housing Wire

JULY 29, 2021

When Willie Sutton was asked why he robbed banks, he allegedly replied, “ Because that’s where the money is.” They exclude Private Label Securities (PLS) (the source of the 2008 housing crisis) and portfolio loans — both of which larger issuers are more likely to service.

Banks 418

Banks Loans Equity Mortgages 418

Housing Wire

APRIL 26, 2021

Now, those agents will have to switch to another transaction platform, the broker said, or risk providing private information about sales to Compass. Founded in 2013, Compass grew fast thanks to an ability to raise venture capital money from SoftBank and other financiers and went public on April 1.

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Purchase and sale agreement Agents Brokerage MLS 381

Housing Wire

DECEMBER 13, 2023

It also has been a brutal year for the secondary market that creates liquidity for mortgage lenders as greatly reduced mortgage originations, liquidity challenges and interest rate volatility have played havoc in the whole-loan trading as well as the private-label and agency securitization channels. “The

Mortgages 376

Mortgages Marketing Banks Investor 376

Housing Wire

OCTOBER 13, 2022

The firm specializes in asset-backed credit, whole loans and private equity. Over 50% of IMB’s lost money in Q2, and that number will go up in Q3.”. When we ran the percentages, a lot of them that lost money, lost less than 5% of their equity, and the ones that lost more money, maybe they lost 10% or 12% of their equity.

Mortgages 363

Mortgages Marketing Banks Loans 363

Housing Wire

FEBRUARY 7, 2022

San Francisco-based fintech firm Unison plans several securitization deals to market in 2022, with private label offerings backed by home-equity assets. So, I’m responsible for Unison Investment Management, which is part of Unison, and what we do is we raise money from institutional investors primarily,” O’Hara said.

Equity 287

Equity Marketing Investor Finance 287

Housing Wire

JULY 22, 2022

The problem with non-QM is that most banks won’t be the liquidity source for those loans in whole-loan form [purchasing] vs. the aggregators putting them into RMBS [private label securitization deals] — which doesn’t work right now [either]. “So, Raising Capital. You don’t throw good money after bad, right? Lind of Acra Lending.

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Lending Banks Bankruptcy Loans 382

Housing Wire

JUNE 1, 2023

The changes, which sparked a Culture Wars debate, reduce or eliminate LLPA fees for first-time homebuyers and those with low and moderate incomes, and raise fees on most borrowers with credit scores of 720 and 759 and down payments of between 10 and 20%. It’s a simple goal, but as is often the case in U.S.

FHA loan 345

FHA loan Loan Officer Loans Mortgages 345

GeekEstate

JUNE 8, 2021

SPACs raise money from investors, and once the company goes public, sponsors have to secure a merger within 24 months. Otherwise, the investors get their money back. SPACs are a perfect alternative to a traditional IPO, and they offer a viable alternative to private equity firms. Access to Capital.

Investor 104

Investor Equity Finance Technology 104

Housing Wire

MARCH 3, 2022

If Miller is right and Compass, after raising $1.5 I run a privately owned company and we include all expenses in our profit and loss. They were in one of the biggest housing booms ever and didn’t make money. Now, you don’t really hear about them.”. billion and flying to a $6.4 It’s hard not to be cynical.”.

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Brokerage Principal Agents Staging 345

GeekEstate

DECEMBER 14, 2022

After exiting Yodle for $342 million , I could have raised VC capital or self-funded my next startup. If it was just investor money, or even my own, I may have thrown in the towel. I felt an imperative for success, to win at all costs, to return their money and more. So how can founders ensure this pivotal mindset is in place?

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Staging Land Investor Closing 113

RIS Media

MARCH 16, 2022

After missing its window, he says the company has “had to right-size based on where we are as a private company as opposed to where we thought we were going to be as a public company.” ” “It’s pretty obvious that money is scarce, and it’s going to become more expensive,” Black says.

Lending 93

Lending Investor Agents As-is 93

Rent, Buy & Sell

FEBRUARY 7, 2021

With a score between 500 and 579, the down payment requirement is raised to 10% of the purchase price. Private or Hard Money Loan. If you have an existing asset worth a substantial amount of money, a private money lender (aka, hard money lender), might be your best option. of the purchase price.

Loans 98

Loans VA loan FHA loan Hard money loan 98

Housing Wire

DECEMBER 30, 2020

Heightened uncertainty about the virus sent money flowing back in to the U.S Record lows in mortgage rates incentivized more households to refinance – a move many economists said helped put more money in their pockets for consumer spending while the country fought unstable unemployment rates. Sales of new homes spiked 18.6%

Mortgages 545

Mortgages Loans VA loan Investor 545

Housing Wire

JULY 20, 2023

Rumors this week that regulators would increase residential mortgage capital requirements for larger depositary banks, far exceeding international standards under the Basel III rules, have raised alarms for industry executives, analysts and trade groups. Mills particularly worries about the impacts on the MSR market and warehouse lending.

Mortgages 334

Mortgages Banks Marketing Residential 334

First Team Real Estate

SEPTEMBER 1, 2021

An entertainer’s paradise post COVID, the grounds include a rock pool and spa with slide, large Loggia with fireplace, built-in BBQ area, detached casita, soothing waterfall feature on side yard, and even a pitching cage behind the private casita. For more information on Rommy and Kathy’s thriving real estate business and the details of this.

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Inspection Staging Sales Agents 98

GeekEstate

JANUARY 8, 2023

1: Never lose money; Rule No. When late-stage funding rounds made way for S-1s, it was revealed that many of these mega growth companies were not just losing money, they were doing so like red comma generation was an Olympic event and the only chance of making the podium was pulling a hat trick. 2: Never forget rule No.

Investor 62

Investor Finance Staging Land 62

Realty Biz

JUNE 15, 2022

Money spent on a mortgage each month is building equity in something you’ll eventually own, and is a foundational means to growing wealth. A 20% down payment will help you avoid paying private mortgage insurance (PMI), but you can secure a conventional mortgage with as little as 3% down. Private Mortgage Insurance Is Optional.

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Debt-to-income ratio VA loan Fixed-rate mortgage Loans 97

Housing Wire

FEBRUARY 22, 2023

Those tailwinds in the RMBS market, also referred to as the private-label securities (PLS) market, are providing a boost to both prime jumbo and non-QM (or nonprime) issuance so far this year, market data shows. Lind stressed that Acra has stayed on the right end of that rate curve by raising its rates early and fast. “We’re

Marketing 322

Marketing Loans Equity Mortgages 322

Marco Santarelli

APRIL 11, 2024

The Fed has a toolkit at its disposal that can influence the real estate market, primarily through monetary policy , which includes setting interest rates and regulating the money supply. When the Fed raises rates, borrowing becomes more expensive, including mortgages.

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Marketing Investor Technology Construction 52