Housing Wire

JULY 19, 2024

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” To get a better idea of the potential impact that HMBS 2.0

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Development Mortgage Design Government 382

Housing Wire

APRIL 10, 2024

Last July, the company sold its title insurance business to Essent Group , followed by strategic changes in September including a transition of its offshore-based operations to a team in the Philippines and the sale of “certain operations” of its home improvement lending business to Aqua Finance.

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Business Investors Finance Home Improvement 399

Housing Wire

JULY 18, 2024

launched on Wednesday to serve international investors in U.S. Investors can partner with a real estate agent , mortgage broker or turnkey provider to locate a property of their choice. bank account is also created to help the investor manage the property remotely, including through fast currency exchange capabilities.

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Finance Real Estate Investors Legal 371

Housing Wire

NOVEMBER 19, 2024

Rogers met with HousingWire to discuss his new role and cover a variety of topics, including artificial intelligence (AI), climate risk and land development. NP: You work directly with land developers too. What sort of policies are you helping to develop on their end? This interview has been edited for length and clarity.

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Housing Wire

MAY 5, 2023

announced on Thursday that the Optimal Blue product, pricing and eligibility engine (PPE) has added investor content from 54 state-based housing finance agencies (HFAs). Optimal Blue , a division of Black Knight, Inc.

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Investors Finance Clients Real Estate 326

Housing Wire

JUNE 15, 2022

Two new single-family rental (SFR) securitization deals sponsored by large institutional players — often described as “Wall Street” investors — hit the private label market in June, bringing the total deal count so far this year to 10. Pretium is Progress Residential’s pa rent company.

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Investors Investing Inventory Real Estate 397

Housing Wire

NOVEMBER 14, 2024

stock market, companies like Finance of America (FOA) and Ellington Financial — the parent of reverse lender Longbridge Financial — have recently released their third-quarter 2024 earnings results. These moves, he said, helped demonstrate to investors that the company had its priorities clearly in mind.

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Housing Wire

JULY 25, 2023

F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. just to give an idea of how fragmented it is in terms of the lender,” Christian Faes, founder of F2 Finance, said in an interview with HousingWire. LendInvest has more than $4.7 billion (£3.7

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Finance Marketing Lending Inventory 321

Housing Wire

JUNE 5, 2024

Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

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Government Finance Renovations Design 529

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. Tom Davis: Investor transactions are still close to 28% of the overall purchase market. Many investors prefer to close in the name of an LLC.

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Investors Construction Training Realtors 412

Housing Wire

FEBRUARY 10, 2021

Perry brings 25 years of legal experience in the financial services industry, with expertise in fair housing and community development. She previously advised on solutions for complex corporate finance transactions with firms such as JPMorgan Chase. Perry joined Freddie Mac in 2011 to oversee the company’s fair lending program.

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Investors Development Legal Business 529

Housing Wire

JUNE 1, 2021

Housing and Urban Development Secretary Marcia Fudge joined Biden to mark the 100th year since a white mob killed hundreds of Black residents of the Greenwood District. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer.

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Renovations Development Investors Legal 516

Housing Wire

JUNE 15, 2023

National mortgage loan subservicer Cenlar FSB announced on Thursday that it has named the Thomas Donatacci as its investor relations officer. He is expected to strengthen Cenlar’s relationships with stakeholders in this role, including agency investors, shareholders, clients, and rating agencies.

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Investors Clients Finance Development 283

Housing Wire

JANUARY 16, 2024

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors.

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Investors Housing Market Finance Construction 445

Housing Wire

JULY 8, 2024

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. Archwest provides business-purpose financing for single-family and multifamily homes, as well as mixed-use and commercial properties.

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Investing Legal Lending Landlords 376

Housing Wire

AUGUST 19, 2024

Those areas that I’m now developing I grew up in. I remember what it’s like to have slumlords,” said Jermaine Morgan, a Columbus, Georgia-based local community developer who purchases distressed property at auction. “I Collectively, local community developers like Jermaine significantly impact neighborhood stabilization nationwide.

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Renovations Development Buyers Investors 473

Housing Wire

APRIL 28, 2022

If you were to take an inventory of deals which came out, a majority of the deals have been investor [investment property] … deals, and the prime jumbo deals have been very far and few in between.”. We’ll continue to watch this trend as it develops.”. in 2021 were bought by institutional investors,” Lind said. “In

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Investors Marketing Investing Inventory 285

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

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Technology Development Real Estate Valuation 445

Housing Wire

JANUARY 8, 2025

In the last decade, as more and more homebuyers financed their purchases with mortgage rates in the 4s or lower, an interesting thing happened: We held on to these homes longer and resold them less often. Available inventory of homes for sale fell each year as more and more borrowers had this cheap financing.

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Mortgage Inventory Finance Sellers 468

Housing Wire

JANUARY 24, 2024

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced this week the release of their “Mission Index,” updating or expanding their single-family social bond framework to better communicate the goals of the index to stakeholders and investors. The GSEs issued separate announcements and a joint statement.

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Investors Lending Finance Design 418

Housing Wire

SEPTEMBER 13, 2021

Alanna McCargo, senior advisor at the Department of Housing and Urban Development , has been picked by the Biden administration to head Ginnie Mae. Prior to her role at the department, McCargo served as the vice president for the Housing Finance Policy Center at the Urban Institute.

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Finance Development Government Investors 395

Housing Wire

SEPTEMBER 5, 2024

In this executive conversation, Steven Katz, Executive Vice President and Chief Investment Officer of Residential Financing at Arbor Realty Trust, shares his thoughts on the burgeoning build-to-rent (BTR) market. SK: Construction lending is extremely complex, and in which banks have traditionally been the dominant players.

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Tenants Investing Marketing Construction 416

Appraisal Buzz

JANUARY 16, 2025

Lenders perspectives on current underwriting guidelines from secondary market investors are mixed. This is mainly due to issues with the requirements for income calculation, documentation, and stability and history, as well as the lack of industry standards or investor guidelines.

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Investors Mortgage Lending Finance 397

Housing Wire

JUNE 30, 2022

According to those sources, FGMC adopted an aggressive pricing strategy to purchase loans from correspondent partners, often paying 20 basis points higher than other investors on 30-year fixed-rate mortgages. The debtor-in-possession financing, however, needs the Delaware bankruptcy court’s approval.

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Lending Finance Mortgage Investors 545

Housing Wire

JULY 5, 2022

Specialty finance company Redwood Trust Inc. CoreVest provides financing to real estate investors across the country and as of late June boasted more than $15 billion in loans closed and some 125,000 units financed, according to the lender. It also serves professional developers of multifamily properties.

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Finance Renovations Real Estate Investors 382

Housing Wire

AUGUST 25, 2021

For a variety of reasons, including recent policy changes at Fannie Mae and Freddie Mac that cap second home and investor property loan volumes, and growth in jumbo loan volume driven by increasing home prices, there has been renewed interest in the PLS market and its future growth.

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Marketing Development Investors Finance 418

Housing Wire

OCTOBER 16, 2020

The Amherst Group , a real estate investment, development and operating firm, announced another executive-level appointment, hiring Gillian Sutton Cho as chief operating officer of investment management. She has also served as chief operating officer of investment management for Hines, and is a member of Stanford University’s adjunct faculty.

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Real Estate Investing Development Investors 407

Housing Wire

JANUARY 29, 2021

Over the past six months, mergers and acquisitions, huge financing rounds and public offerings have dominated headlines across the real estate and housing finance sector. This level of action is keeping finance executives like Jeremy Collett , Executive Director, Capital Markets at Guaranteed Rate busier than ever.

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Finance Real Estate Mortgage Valuation 260

Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? They can be, in essence, the “boots on the ground” for investors and developers alike. Right now, we’re generally seeing more mixed-use developments and multifaceted commercial projects.

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Brokerage Real Estate Investors Development 395

Housing Wire

SEPTEMBER 11, 2023

Prior to this new position, she served as the chief investor and industry relations officer of Home Point Financial Corporation. Meanwhile, Greenberg was promoted to senior vice president of finance where he will oversee investor relations, financial planning, analysis, data analytics and treasury.

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Investors Insurance Finance Government 349

Appraisal Buzz

JANUARY 18, 2022

The Colorado Housing and Finance Authority (CHFA) has integrated Encompass Investor Connect and AIQ technology from ICE Mortgage Technology , part of Intercontinental Exchange Inc. The post First State Housing Finance Authority Integrates ICE’s Mortgage Loan Delivery Technology appeared first on Appraisal Buzz.

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Technology Finance Mortgage Investors 195

Housing Wire

MAY 30, 2024

Home equity fintech lender Point , in collaboration with its long-time financing partner Atalaya Capital Management , has successfully closed a $141 million rated asset-backed securities transaction. This has broadened the investor base to include insurance companies and money managers seeking new investment-grade securities.

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Investing Investors Contracts Insurance 365

Housing Wire

MARCH 19, 2021

Its apartment development business and single-family rental joint-venture, and a stake in master-planned community developer Five Point Holdings would be among the businesses being spun off into a new company. Apartment owners/developers trade at ~2x book value, while land developers trade at closer to 1x book.

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Development Investing Business Construction 526

Housing Wire

JULY 5, 2022

Property valuation API and risk assessment API, released late last month, connect directly into existing systems through a single integration for lenders, investors and system providers, the company said in a news release. . The two desktop appraisal solutions were developed to meet new desktop appraisal guidelines in April. .

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Modernization Valuation Property Taxes Appraisal 367

Housing Wire

JANUARY 9, 2023

The two SFR companies, among the largest operators in the space, announced this past summer that they have thousands of build-for-rent homes planned for development or already in the construction pipeline — some 12,000 on a combined basis. Redfin defines investors as any institution or business that acquires residential real estate.

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Housing Market Marketing Construction Development 545

Housing Wire

AUGUST 20, 2024

Understanding the forces creating the market is indispensable for lenders, real estate professionals, developers, and investors. HW: Can you elaborate on the current supply and demand imbalance in the multifamily sector and its challenges for investors and developers?

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Marketing Investors Development Investing 406

Housing Wire

SEPTEMBER 13, 2022

KBRA Analytics , an affiliate of Kroll Bond Rating Agency (KBRA), has acquired digital-information service Direct Lending Deals , which offers investors and loan originators coverage of deal data, news and analysis in the direct-lending sector. KBRA Analytics’ acquisition of DLD closed quietly on Aug.

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Lending Finance Investors Clients 351