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Pennymac announces Team USA partnership for 2028 Olympics

Housing Wire

PennyMac Financial Services , one of the nations largest mortgage lenders and servicers, on Wednesday announced a partnership that will give the company a high level of visibility during the 2028 Olympic Games in Los Angeles. Olympic and Paralympic teams at the 2028 Olympics.

Design 325
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First Financial Bank to invest $700M by 2028 in affordable mortgages

Housing Wire

The deal that runs through 2028 includes more than $1 billion for community development lending and services, investments in affordable housing , revitalization and stabilization, and projects that create jobs in LMI areas.

Investing 432
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Loan Servicing Software Market Estimated to Grow by $2.7 Billion From 2024 to 2028

Appraisal Buzz

The market is estimated to grow at a CAGR of almost 12.01% from 2024 to 2028, the firm says in a report. Billion From 2024 to 2028 appeared first on Appraisal Buzz. The global loan servicing software market is estimated to grow by $2.7 billion over the next four years, according to market research firm Technavio.

Marketing 195
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Some say Austin’s rental market might collapse. That’s not reality

Housing Wire

Using 2017, 2018 as a normal level, delivery should start to look normal by 2027, 2028, so I think the market fundamentals will start to shift pretty soon. Carl Whitaker, director of research and analysis at RealPage , said that the oversupply period will be a short-lived phenomenon.

Marketing 370
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Younger generations want to become homeowners – Here’s how the housing industry can help

Housing Wire

McCue, “Updated Household Growth Projections: 2018-2028 and 2028-2038,” Joint Center for Housing Studies (December 2018). | “Planning & Progress Study 2019: The Debt Debacle,” Northwestern Mutual (2019).

Mortgage 476
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ICE Mortgage Technology’s Encompass to offer investment advisory advice for clients

Housing Wire

Executives expect net revenue synergies of up to $125 million by 2028 largely through cross-sell opportunities. ICE identified north of $300 million worth of opportunities for the company to go after which includes cross-selling data and document automation platform to the entire Black Knight’s mortgage servicing system.

Clients 459
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loanDepot concludes $500M debt extension

Housing Wire

million in aggregate principal of 2028 senior notes held by Artemis Management LLC. This includes $340.6 million in principal for new notes guaranteed by, among other things, $60 million in nonagency mortgage servicing rights (MSR) and a securities account holding of $100.6

Investing 447