Remove 2028 Remove Lending Remove Mortgage
article thumbnail

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

Housing Wire

billion in the next five years for lending and investments to low- and moderate-income (LMI) clients and census tracts, with 30% of the total tied to mortgage lending. First Financial Bank’s plan also includes investments in small-business lending and donations to organizations that create and preserve affordable housing.

Investing 434
article thumbnail

NerdWallet enters the mortgage broker world with acquisition of Next Door Lending

Housing Wire

California-based personal finance company NerdWallet has struck a deal to acquire brokerage firm Next Door Lending. Jonathon Haddad, chairman and CEO of the Association of Independent Mortgage Experts (AIME), is one of the owners of Next Door. The analysis includes first-lien mortgage originations. It is also offering $3.5

Lending 491
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mortgage companies issue debt. Here’s why that’s a positive sign to the market

Housing Wire

Mortgage companies raising debt in the current high mortgage rates landscape is a sign that market conditions are improving, although a recovery from the downturn may come later than expected, analysts told HousingWire. And recent transactions show that there’s an appetite among investors for debt in the mortgage space.

Mortgage 459
article thumbnail

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. Demand for efficiency in lending operations is driving market growth, with a trend towards strategic partnerships and acquisitions between market participants. Billion From 2024 to 2028 appeared first on Appraisal Buzz.

Marketing 195
article thumbnail

loanDepot concludes $500M debt extension

Housing Wire

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 million in aggregate principal of 2028 senior notes held by Artemis Management LLC. Investors representing 96% of the old notes tendered and accepted the transaction.

Investing 448
article thumbnail

Five Star Conference Launches With a Day of Learning

Appraisal Buzz

The education continues Thursday with a deep dive into the commercial mortgage sector during the “Commercial REO Foreclosures with Chavez & Associates” session. trillion 2024-2028 commercial property inventory wave of loans coming due, which many are currently in default. This workshop will cover how to source and tap into the $2.94

Legal 397
article thumbnail

WEIGHING SEATTLE’S FUTURE WITH FEWER OFFICES

Will Springer Realtor

The shock is felt across city leadership, office landlords and bankers who lend millions to property owners. >> The impact of high mortgage rates prevented 23,250 home sales in Seattle metro between mid-2022 and the end of 2023, according to research from the Federal Housing Finance Agency. after a 2.5%