Housing Wire

MAY 2, 2021

First American offers an integrated suite of staff and network appraisal products and services, including standard appraisals, collateral inspection services and hybrid valuations through First American Mortgage Solutions’ Appraisal Management Company (AMC) and the First American Staff Appraiser Company.

Technology 457

Technology Valuation Mortgage Inspection 457

Housing Wire

FEBRUARY 2, 2022

ConsumerDirect Mortgage rebranded itself to Real Genius and announced the launch of a modern mortgage application platform to simplify a borrower’s experience. Additionally, the lender promises borrowers a “personalized approach” and “access to veteran mortgage professionals.”.

Mortgage 368

Mortgage Technology Lending Modernization 368

Housing Wire

JULY 29, 2022

million note offering backed by a reference pool of single-family mortgages valued at $20.4 This latest CAS transaction, CAS 2022-R08, involves a reference pool of 67,644 single-family mortgage loans. trillion in single-family mortgage loans, measured at the time of the transaction. The offering is slated to close Aug.

Insurance 394

Insurance Investors Mortgage Design 394

Appraisal Buzz

FEBRUARY 11, 2025

Michael Gevurtz is an entrepreneur and investor in the real estate and finance industries. He is the CEO and Founder of Bluebird Lending, a national private lender servicing real estate developers and investors with an array of loan products to acquire, construct, and refinance residential and multifamily properties.

Real Estate 269

Real Estate Finance Development Investing 269

Housing Wire

SEPTEMBER 17, 2024

Global investment firm Atlas Merchant Capital and Florida-based lender A&D Mortgage have announced a joint venture (JV) to expand A&D’s $7 billion mortgage securitization platform. The JV closed its first residential mortgage-backed securities (RMBS) deal on Aug. The lender began servicing some investor loans in 2008.

Mortgage 334

Mortgage Investing Government Investors 334

Housing Wire

FEBRUARY 3, 2022

billion note issued against a reference loan pool of 190,774 residential mortgages with an outstanding principal balance of $33.6 billion note against a reference pool of 143,889 single-family mortgages valued at about $45 billion. Freddie Mac’s CRT program was founded with its issuance of the first STACR notes in July 2013.

Insurance 397

Insurance Investors Government Mortgage 397

Housing Wire

APRIL 9, 2021

Better.com has received a $500 million investment from SoftBank that values the digital mortgage lender at about $6 billion, CNBC reports. Better is expected to go public later this year and SoftBank is purchasing shares from Better’s existing investors, sources told the Wall Street Journal. commercial estate sector versus 2019.

Investing 448

Investing Investors Mortgage Marketing 448

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. million line in the sand has been this: Home prices grow above that 23% level: check Mortgage rates spike higher: check.

Mortgage 505

Mortgage Inventory Housing Market Construction 505

Housing Wire

AUGUST 17, 2022

in 2022, with nearly 70 mortgage lenders and brokers making it on the list. When you grow quickly and organically without outside investor capital, it is a challenge to ensure the profits follow. HW: Since founding Griffin Funding in 2013, the housing market has seen astounding changes. Earlier this week, Inc.

Mortgage 418

Mortgage Business Investors Housing Market 418

Housing Wire

JUNE 28, 2022

Kiavi , formerly LendingHome , recently closed a $218 million private-label securitization of unrated short-term mortgages — described as “residential transition loans” (RTLs) by the lender, which serves the fix-and-flip market. billion in originations, up nearly 78% from 2020, according to a recent report by Inside Mortgage Finance (IMF).

Investors 383

Investors Real Estate Finance Lending 383

Housing Wire

JULY 14, 2022

Non-QM lender Kiavi , which specializes in fix-and-flip and investor loans, has laid off 39 employees, sources told HousingWire on Thursday. Because we are in the hard money space, we don’t have a lot of investors willing to buy our assets because of the rate hikes, is what our CEO told us.”.

Human Resources 418

Human Resources Investors Construction Legal 418

Housing Wire

FEBRUARY 1, 2022

billion note offering through its Connecticut Avenue Securities real estate mortgage investment conduit, or REMIC. . The recent offering , CAS Series 2022-R02, involves transferring loan-portfolio risk to private investors via a $1.2 billion note offering backed by a reference pool of 149,393 residential mortgage loans valued at $44.3

Investors 370

Investors Mortgage Government Real Estate 370

Housing Wire

OCTOBER 12, 2020

The COVID-19 pandemic helped accelerate the mortgage industry’s digital transformation by years, and proptech firms such as Snapdocs have capitalized on the opportunity. The company just raised $60 million in a Series C funding as the digital mortgage space bursts with activity in a booming housing market.

Business 435

Business Technology Real Estate Investors 435

Housing Wire

APRIL 8, 2022

billion secured by single-family mortgage reference loan pools valued in total at $121.5 billion note backed by a reference loan pool of 140,950 residential mortgages with an outstanding principal balance of $42.9 billion note against a reference pool of 143,889 single-family mortgages valued at about $45 billion. .

Valuation 397

Valuation Investors Mortgage Insurance 397

Housing Wire

AUGUST 31, 2022

Freddie Mac notched record credit-risk transfer (CRT) issuances of some $15 billion during the first half of this year, protecting $358 billion in single-family mortgages. billion, protecting $151 billion in single-family mortgages. For the second quarter alone, Freddie Mac also posted record CRT issuance of $6.5

Insurance 370

Insurance Investors Mortgage Design 370

Housing Wire

FEBRUARY 9, 2023

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Northpointe was the 24th largest correspondent lender , according to Inside Mortgage Finance.

Lending 397

Lending Business Retail Client Relationships 397

Housing Wire

JUNE 21, 2022

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8%

Housing Market 540

Housing Market Marketing Inventory Mortgage 540

Housing Wire

AUGUST 21, 2023

As a consequence, the number of real estate, mortgage and general housing tech firms to make the annual Inc. Mortgage origination platform Maxwell , which was in the top 200 last year and a HW Tech 100 award winner in 2021, was ranked No. The past year hasn’t been particularly good for tech or housing. The company was No.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Housing Wire

JUNE 7, 2022

Through the STACR note offerings, private investors participate with Freddie Mac in sharing a portion of the mortgage credit risk in the reference loan pools retained by the agency.

Investors 397

Investors Insurance Mortgage Marketing 397

Housing Wire

MAY 26, 2021

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

Insurance 387

Insurance Investors Design Finance 387

Housing Wire

MARCH 21, 2022

Fannie Mae is off to steady start on its path toward issuing $15 billion in notes this year through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC. billion note offering backed by a reference loan pool of 150,395 primarily single-family mortgages valued at $44.4

Investors 370

Investors Insurance Valuation Mortgage 370

Housing Wire

MARCH 8, 2024

This is the fewest number of new listings for the first week in March recorded in Altos’ data, which dates back to 2013. Buyers right now have gotten more comfortable with the mortgage rates,” Comito said. Comito noted that even first-time buyers are looking to get into rental properties.

Housing Market 468

Housing Market Buyers Agents Marketing 468

Housing Wire

APRIL 20, 2022

This means higher mortgage rates, so we need to talk about the housing market in a rising-rate environment without going into housing crash mode like the professional grifters do for clicks. However, post-2010, we have had times when housing demand has gotten softer with higher mortgage rates. million in March. million to 4.98

Housing Market 505

Housing Market Marketing Inventory Mortgage 505

Housing Wire

SEPTEMBER 16, 2022

million fixed-rate loan backed by mortgages on 1,434 single-family rental (SFR) homes. The notes issued in the institutional SFR deals are typically collateralized by a single loan, which is in turn secured by a large pool of mortgages on income-producing single-family homes. billion. “The

Landlords 397

Landlords Marketing Development Investing 397

Housing Wire

MAY 15, 2023

mortgage market faced a new “ refinance boom” when mortgage rates declined by nearly 200 basis points between November 2018 and November 2020, following the Federal Reserve rate cuts that were made to remedy the economic impacts of the Covid-19 pandemic. When broken down by investor type, 38% of U.S.

Mortgage 396

Mortgage Investors Marketing 396

Housing Wire

SEPTEMBER 28, 2023

Even though mortgage origination volumes are down, we’re experiencing a highly competitive purchase market. From 2007 through mid-2013, approximately 5.5 The mortgage lending industry exists to make home loans, not to repossess them. What’s really changed since 2013? million households lost their homes to foreclosure.

Legal 448

Legal Training Real Estate Business 448

Housing Wire

FEBRUARY 8, 2024

New York-based real estate investment trust Two Harbors has hired industry veteran Kyle Kilpatrick to lead its newly created mortgage originations division, which is part of the company’s strategy to retain borrowers from its servicing portfolio when interest rates drop. “He Meanwhile, the 30-year fixed mortgage rate was 6.9%

Business 429

Business Investing Real Estate Advertising 429

Housing Wire

OCTOBER 28, 2021

Just a few years ago, we were talking about shrinking the GSEs’ footprint, giving GSE charters to vertically integrated Wall Street banks, and giving these same Wall Street banks access to the GSEs’ Common Securitization Platform, which would have enabled them to dominate mortgage markets. Broader market considerations also come into play.

Mortgage 472

Mortgage Contracts Insurance Realtors 472

Housing Wire

MARCH 22, 2022

billion of mortgage credit risk to private insurers and reinsurers. “We billion reference pool of single-family mortgages. The covered loan pool for CIRT 2022-2 consists of some 87,400 single-family mortgage loans with an outstanding unpaid principal balance of $26.5 That credit risk is tied to a $26.1 If that $65.3

Insurance 370

Insurance Mortgage Real Estate Investors 370

Housing Wire

SEPTEMBER 8, 2020

Adopting a “poison pill” strategy, Corelogic approved a shareholder-rights plan that prevents investors from acquiring 10% or more of the company’s common stock, or 20% in the case of certain passive investors. The vote on Nov.

Investing 389

Investing Investors Government Insurance 389

Housing Wire

JUNE 15, 2022

In 2013-2014, when rates jumped very fast, this index trended down by negative 20% year over year to hit an adjusted population all-time low in 2014. How will the announcement impact mortgage rates? If they hint that this is on their minds, bond yields can retrace and head lower giving better pricing for mortgage rates.

Inventory 370

Inventory Investors Retail Housing Market 370

Housing Wire

DECEMBER 11, 2020

Through every financial transaction in a person’s life — whether a mortgage, auto, student or personal loan — there is one constant: the borrower. When the pandemic forced a shutdown of the economy, Congress gave blanket permission for any affected consumer to place their mortgage in forbearance,” Schwartz said. ” How it works.

Lending 435

Lending Contracts Investors Technology 435

Housing Wire

JULY 20, 2022

This means 4%+ mortgage rates. This is common in recent history, which has happened before in 2013/2014 and 2018/2019. I had to figure out what I got wrong here, and I concluded that 4%-5% mortgage rates weren’t doing the damage I thought they would. As long as rates stay high, we can get there next year.

Inventory 518

Inventory Housing Market Marketing Realtors 518

Housing Wire

JUNE 8, 2022

2013 : What they said: Because mortgage rates were rising and the Fed was tapering, housing would crash. 2018: What they said: With mortgage rates rising to 5% and the new home sales sector getting hit hard, housing would crash. I do believe higher mortgage rates work, but it needs time to work itself in our housing market.

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Appraisal Buzz

JULY 5, 2024

During this webinar, Fitch Ratings will present a cross-section of industry stakeholders discussing the drivers of housing economy expansion, factors impacting homebuilder credit, the home loan lending environment, and mortgage delinquency expectations. economy to Fitch analysts, investors, issuers, and the media.

Housing Market 361

Housing Market Marketing Finance Development 361

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. That compares to daily trading volume of $2.7

Marketing 397

Marketing Investing Mortgage Investors 397

Housing Wire

APRIL 7, 2023

When this back and forth was unfolding, mortgage demand rose 2.9% compared to the week prior and the average contract interest rate for 30-year fixed-rate mortgages with loan balances of $726,200 or less, decreased from 6.48% to 6.45%. An opportunity for commercial real estate investors and developers? I think so too.

Retail 418

Retail Real Estate Clients Modernization 418