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What’s influencing the increase in REO acquisitions?

Housing Wire

HousingWire recently spoke with Michael Chew, SVP of Fulfillment, Asset/Rental Management at Consolidated Analytics , about REO assets, the economic factors influencing the increase in REO acquisitions and how technology can help with REO asset management. The inventory that does make it to REO remains in high demand.

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Secondary mortgage market adjusts to higher-for-longer rates 

Housing Wire

Ben Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized credit, said that during the past year, nonqualified mortgage (non-QM) AAA bond spreads have actually contracted from 155 to 135, while agency mortgage-backed securities (MBS) spreads have widened from about 118 to 134 over the same period.

Mortgages 432
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HW+ Member Spotlight: Reina Ramos

Housing Wire

She joined CNBF after more than a decade with Seacoast Bank , where she served as senior vice president, residential lending production manager. Reina Ramos: My biggest learning opportunities were working for both large and small institutions. The rental pool is also escalating in costs.

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Top of the list: An interview with Ben Caballero

Housing Wire

Previously, Caballero was a homebuilder and operated an apartment rental service. Before then he spent decades in homebuilding and apartment rental services. Ben Caballero : Our service supports builders, sales, their marketing and then management as it relates to marketing their homes to realtors. That’s not my part of it.

MLS 397
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The 2021 housing market recap by Logan Mohtashami

Housing Wire

My economic models over the years showing that housing demographics would be better in the years 2020-2024 have also led me to be mindful of home-price growth taking off. Currently, home-price growth is too hot, which is why I label this the unhealthiest housing market post-2010. ” Not in my western 2021 world!

Marketing 533
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This Is How Much Profit You Should Make On a Rental Property

Kyle Handy

Have you ever wondered how much profit should you make on a rental property? If you have some extra cash to invest and are considering putting it into a rental property, you should first consider how much you can expect to spend versus how much you can expect to make before investing your money.

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RealPage’s Legal Woes Are Part of a Bigger Battle Over Algorithmic Pricing

Propmodo

By now, everyone in commercial real estate is familiar with the cases against the Richardson, Texas-based property management software company. A 2022 ProPublica expose unleashed a wave of class-action lawsuits and federal investigations alleging RealPage created a price-fixing cartel that kept housing prices in many U.S.