Housing Wire

JANUARY 10, 2025

The company is actively monitoring the still developing situation, and will assess further steps once the extent of the impact is known, Smith added. Department of Housing and Urban Development (HUD), there are more than 5,000 HECM originations in the Los Angeles-Long Beach-Glendale metropolitan statistical area and nearly 4,600 endorsements.

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Insurance Mortgage Clients Finance 310

Housing Wire

OCTOBER 24, 2024

Alliant National Title Insurance Co. This is a strategic acquisition for DFH and allows us to further vertically integrate alongside our existing title insurance agency business while facilitating growth in the title insurance marketplace,” Patrick Zalupski, the chairman and CEO of Dream Finders, said in a statement.

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Insurance Investors Agents Tools 344

Appraisal Buzz

DECEMBER 17, 2024

Business delinquency rates for five of the biggest investor groupscommercial banks and thrifts, commercial mortgage-backed securities (CMBS), life insurance companies, and Fannie Mae and Freddie Macare examined in MBAs quarterly analysis. These groups collectively own almost 80 percent of the outstanding debt from commercial mortgages.

Mortgage 397

Mortgage Investors Real Estate Development 397

Housing Wire

NOVEMBER 27, 2023

Veev said at the time that the funding would be used to scale its operations, accelerate its research and development, and expand construction into new markets. Investors featured leading Israeli institutional investors, such as Migdal Insurance , Psagot Investment House , More Investment House , and Shavit Capital.

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Inspection Investors Investing Insurance 452

Housing Wire

SEPTEMBER 15, 2023

First reported this week by Bloomberg News , the bonds in question are part of $114 billion in assets the Federal Deposit Insurance Corporation (FDIC) recovered when it assumed control over both banks earlier in the year.

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Government Mortgage Insurance Investors 409

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

AUGUST 26, 2024

This figure does not account for additional expenses associated with homeownership, such as maintenance, repairs, taxes, and insurance. Build-to-rent developments aren’t the only response to this increase in single-family rental demand. The typical asking rent for a single-family home in May was $2,262, a 4.7% As the U.S. As the U.S.

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Marketing Real Estate Agent Investors Tenants 422

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

MAY 30, 2024

Notably, this transaction is the first HEI securitization in which higher-risk, BB-rated securities were sold, reflecting strong investor demand as the deal was oversubscribed. The past few months have seen incredible momentum developing in the HEI asset class,” Eddie Lim, co-founder and CEO of Point, said in a statement.

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Investing Investors Contracts Insurance 365

Housing Wire

AUGUST 13, 2024

As investors with an explicit public purpose, the GSEs should put the highest priority on preservation of housing affordability for the longest possible time period,” the letter said. There is strong alignment between Enterprise’s mission and the vision laid forth by Director Thompson for FHFA and the GSEs,” the letter said.

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Insurance Modernization Finance Government 364

Housing Wire

SEPTEMBER 11, 2023

Lesley Alli and Andrew Greenberg both joined NMI Holdings to serve as senior vice presidents, announced the parent company of National Mortgage Insurance Corporation Monday in a statement. Prior to this new position, she served as the chief investor and industry relations officer of Home Point Financial Corporation.

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Investors Insurance Finance Government 349

Housing Wire

JULY 19, 2021

The IPO gives the cloud-based software company the ammunition to grow market share , develop new products and dive deeper into various sectors within fintech, including consumer banking and auto. Over the last two years, Blend has acquired its own mortgage insurance firm and title insurance firm (the latter in a $422 million deal).

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Insurance Investors Technology Real Estate Agent 396

Housing Wire

MARCH 19, 2021

Those investments include the sale of SunStreet solar and stakes in insurtech firms Hippo Home Insurance and Doma (formerly known as States Title ). Operating margin is also above the industry average, which reflects LEN’s ability to earn a reasonable spread on land development. bln in owned land will be included in the new company.

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Development Investing Business Construction 526

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

AUGUST 27, 2024

The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into updates for the FHA Connection (FHAC) portal. Department of Housing and Urban Development (HUD).

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Renovations Modernization Insurance Finance 379

Housing Wire

FEBRUARY 24, 2022

Another “Big Four” title insurer announced its fourth quarter earnings and yet again the numbers reached historic highs. On its fourth quarter earnings call with investors, Fidelity National Financial announced that its adjusted full-year net earnings came in at $2.3 billion for 2021, a 49% increase over a year prior. billion, with $1.0

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Insurance Investors Technology Development 360

Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. Property managers and real estate agents who are interested in working with investors.

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Real Estate Investing Investors Renovations 397

Housing Wire

JUNE 14, 2024

She will now oversee all aspects of the company’s enterprise development team, which is expanding as Incenter seeks to create new solutions and bolster competitive advantages for its clients. “I Incenter’s business channels include capital markets, loan diligence, student lending, insurance, property tax, accounting and marketing solutions.

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Property Taxes Clients Development Insurance 349

Housing Wire

OCTOBER 11, 2023

A number of players in the industry benefit from the risk data, including real estate investors who need additional insights to make informed decisions. This may give investors pause as to whether a particular real estate investment is a sound one. If adopted, the rule might have a ripple effect on housing agencies such as the U.S.

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Real Estate Investors Insurance Law 431

Housing Wire

OCTOBER 26, 2020

First American Financial, which provides title insurance, settlement services and risk solutions for real estate transactions, has acquired a minority interest in ServiceMac’s parent company and that interest will convert into equity of ServiceMac at the acquisition’s closing, pending regulatory approvals. First American Financial Corp.

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Technology Insurance Real Estate Investors 426

Housing Wire

JANUARY 5, 2022

SitusAMC subsidiary Securent is expanding its reach into the private-label market with plans to soon introduce a loan-defect insurance product for residential mortgage-backed securities (RMBS) transactions, according to executives from both companies. Nobody else has done loan-defect insurance for securitizations yet.”.

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Insurance Marketing Technology Mortgage 346

Housing Wire

SEPTEMBER 6, 2024

For more than two years, a storm has been brewing in the title insurance industry. The four firms in question all had joint ventures (JVs) or affiliated business arrangements (ABAs) in which real estate agents, who were also business referral sources, were investors. or divest real estate agents from their ownership interests.

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Insurance Real Estate Agent Law Real Estate 405

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

DECEMBER 13, 2024

The Mortgage Bankers Association (MBA) this week published a proposal for Ginnie Mae to develop a new mortgage securitization product that could boost the availability of private capital liquidity sources into the market, particularly in periods of stress for the U.S. could serve as a logistical template for such a product.

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Logistics Insurance Investors Development 286

Housing Wire

JANUARY 29, 2024

Meanwhile, homeowners insurance is increasingly becoming a bigger issue for consumers and servicers. In California, Texas and Louisiana, as well as portions of other states that are at risk for natural disasters , just getting homeowners insurance is getting more difficult as large insurers stop writing coverage.

Insurance 379

Insurance Real Estate Technology Clients 379

Housing Wire

JANUARY 13, 2023

In addition, secondary market investors continue to show interest in well-underwritten, higher-rate loans secured by single-family rental properties. It looks to be about 50% investor properties,” Ben Hunsaker said of the planned NRMLT offering. They include a $405.2 Still, it’s far from all good news for nonbank lenders.

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Marketing Investing Investors Landlords 433

Housing Wire

SEPTEMBER 4, 2024

Debenture interest refers to the percentage of a return that an investor would receive for lending money through a debenture. Department of Housing and Urban Development (HUD) added a DIRA request template that can be used for such submissions. HERMIT was launched by HUD in October 2012 after a protracted development cycle.

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Mortgage Legal Development Insurance 404

Housing Wire

NOVEMBER 9, 2023

The two companies issued the first-ever securitization backed entirely by HEIs in 2021, a bet that rising home-price appreciation can benefit consumers in the short-term and investors in the long-term. Point closed on its first bond issuance rated by DBRS Morningstar on Oct.

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Investing Finance Contracts Insurance 390

Housing Wire

JULY 17, 2023

The continuous development of loss mitigation tools and practices in the mortgage industry will play an essential part in preventing future foreclosures, but additional safety nets — particularly for those mortgage customers who belong to historically disadvantaged populations — will play a critical role in thinning the racial wealth gap.

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Mortgage Tools Insurance Development 328

Housing Wire

MARCH 30, 2021

Real estate tech company Spruce announced a joint project Tuesday with insurtech platform Digital Partners and American Digital Title Insurance Company to offer a fully underwritten title commitment that it says can be completed in minutes. In September, the companies announced a joint project to offer cost-effective title insurance.

Insurance 253

Insurance Real Estate Investors Technology 253

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. To that end, Blend plans to use the new capital to invest in product development such as speeding up the release of its digital closing solution.

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Investing Loan Officers Technology Development 505

Housing Wire

JULY 14, 2022

It is counter to a popular and politically potent narrative grounded in the aftermath of the Great Recession, when large institutional investors scooped up thousands of properties at foreclosure auction. It turns out local investors are also more efficient than banks and government agencies at renovating and reselling homes.

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Renovations Investors Retail Buyers 324

Housing Wire

JUNE 9, 2021

It extends to their checking and savings accounts, small business and community development debt and equity financing, bank branch locations, financial literacy, grantmaking and more. Bank CRA obligations cover far more than their mortgage lending. They are bound to do more.

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Lending Development Government Finance 436

Housing Wire

AUGUST 3, 2021

In March 2020, both Fannie Mae and Freddie Mac hit pause on credit risk transfers, which shift a portion of the risk of credit losses on the mortgages they insure onto investors. The company also continues to keep credit risk transfers on hold. We need to change that.

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Mortgage Insurance Government Investors 440

Appraisal Buzz

DECEMBER 11, 2024

With this process, we expect vendors to be able to develop more efficient routes, reducing travel time and operational expenses. In 2025, the company anticipates continued adjustments to meet evolving investor demands and further diversification of services to stabilize profitability in response to market uncertainty.

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Inspection Technology Insurance Training 396

Housing Wire

SEPTEMBER 10, 2021

The OCC also alleged that the bank’s auto-lending unit improperly maintained collateral protection insurance policies on automobile loan accounts. However, it seems that the bank did not check all the boxes that were required by the OCC. .”

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Lending Retail Housing Market Mortgage 482

Housing Wire

JUNE 1, 2022

For the first time, the ALTA Registry will provide data on individual title insurance and settlement services companies, identified by an ALTA ID. It’s crucial that the title insurance industry urge progress and innovation in the digital closing space. MISMO e-Eligibility Exchange helps address this challenge.

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Insurance Real Estate Agents Technology 397