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CFPB rule applies mortgage protections to clean energy loans

Housing Wire

The rule applies existing protections for residential mortgages to borrowers who seek PACE loans to upgrade or renovate their homes through clean energy technology. PACE loans which are often used to finance environmentally minded renovations, like the addition of solar panels have led to financial instability for some borrowers.

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Maryland-based Anchor Home joins Compass

Housing Wire

Anchor Home specializes in high-end residential sales, staging, new construction consultations and renovation strategies. She also serves on the board of Rebuilding Together , a nonprofit that supports critical home renovations for neighbors in need. Their average listing price is $1.7 million, according to Compass.

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Kiavi aims to strengthen construction lending with two executive hires

Housing Wire

Jayne also was the chief construction officer for Genesis Capital and works in residential real estate development, having founded a Los Angeles -based firm that specializes in unique and historic renovation projects. It has also closed multiple securitizations of residential transition loans (RTLs) since the start of 2024.

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MBA: Home equity debt rose 10% in 2024 — signaling it as a ‘product of choice’

Housing Wire

With close to $35 trillion of homeowner equity in residential real estate and many homeowners locked into low-rate first mortgages, HELOCs and home equity loans have become the product of choice for many homeowners,” said Marina Walsh , MBA’s vice president of industry analysis. The reasons for tapping home equity are shifting.

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How to write creative real estate listing descriptions + examples

Housing Wire

While the key statistics about a property will be available to buyers in the real estate listing description, residential buyers tend to shop with their emotions. Source: 43 Market St, Newburyport, MA – listed by Wilson Group, Keller Williams Realty Dont miss this fabulous renovated home in beautiful Marblehead, 0.6

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Better.com reports 400% growth for HELOC business

Housing Wire

“For a consumer who wants to do a home renovation , a consumer who wants to consolidate debts, or a consumer who wants to take cash out to pay for tuition for their kids, our product serves all of those use cases.” of mortgaged residential properties in the U.S. ” How is it so fast? .

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Deephaven’s Tom Davis: ‘Either you take market share, or someone takes yours’

Housing Wire

We’re looking at product expansions and introducing products that we have or through our sister company Anchor Home Loans , which specializes in residential transition loans (RTLs). So, people are gonna have to tap into their equity for renovations, debt consolidation and better cash flow. trillion, followed by auto loans at $1.1