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Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. What does this mean for the residential real estate sector and how business-purpose mortgage lenders are trying to expand?

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Stone Point Capital takes a stake in Keller Williams

Housing Wire

Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian. This is an exciting milestone for all Keller Williams agents and franchisees, Gary Keller, the co-founder and executive chairman of Keller Williams, said in a prepared statement.

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Maryland-based Anchor Home joins Compass

Housing Wire

Collectively, the group brings more than $400 million in career sales and 500-plus closed transactions across Maryland markets, including Annapolis and Severna Park. Anchor Home specializes in high-end residential sales, staging, new construction consultations and renovation strategies. Their average listing price is $1.7

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Century 21 expands yet again — this time in Northern California

Housing Wire

Kobetz, a lifelong Mendocino County resident, transitioned into real estate in 2017 after a career in his family’s motorsports dealership, where he developed sales and finance experience. Kobetz Realty currently serves clients across Mendocino, Lake and Sonoma counties with services in residential , commercial and ranch real estate.

Branding 410
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Better Homes and Garden Real Estate adds California brokerage

Housing Wire

She is known for maintaining an active sales presence while also managing her company’s day-to-day operations. The firm works with residential , commercial and land transactions including ranch properties and vacation homes. In recent years, it has built a reputation as a women-led brokerage with a focus on personalized service.

Brokerage 371
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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. The rule will implement a congressional mandate to establish consumer protections for residential PACE loans.

Loans 385
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William Raveis acquires Nantucket-based Jordan Real Estate

Housing Wire

Chris Raveis, the company’s president of residential sales, welcomed the JRE team in a statement. ” Beaulieu also said the company focuses on developing talent with training, coaching and technology solutions for marketing and sales. “We welcome JRE to our family company.

Brokerage 369