Housing Wire

JANUARY 8, 2025

Ally Financial announced Wednesday that it would exit the mortgage origination business as part of a broader strategy to pursue higher returns on investments. Bloomberg was the first to report the developments. But by 2022, Ally recorded a $136 million impairment tied to its investment in Better.

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Business Mortgage Loan Officers Investing 418

Housing Wire

MARCH 3, 2025

Stone Point is no stranger to the real estate industry, as it also holds strategic investments in Lone Wolf Technologies , Homepoint , CoreLogic and Meridian. Stone Point, a large asset manager, has a track record of putting companies it invests heavily in on a path toward an initial public offering.

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Real Estate Legal Agents Technology 448

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.” Wong is also a member of the company’s investment committee. I do think [HMBS 2.0]

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Development Mortgage Design Government 458

Housing Wire

JANUARY 10, 2024

Enterprise Community Partners announced on Wednesday the appointment of Kari Downes to the position of president at its housing credit investments business, effective April 1. Downes, who currently serves as Enterprise Housing Credit Investments EVP, will succeed current president Scott Hoekman who has spent the past 30 years at Enterprise.

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Investing Development Investors Finance 456

Appraisal Buzz

JANUARY 9, 2025

Department of Housing & Urban Development (HUD) has published a Final Rule in the Federal Register to modernize and strengthen regulations for the HOME Investment Partnership Program (HOME). Click here for more on HUDs HOME Investment Partnership Program (HOME).

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Tenants Development Modernization Inspection 349

Housing Wire

DECEMBER 9, 2024

Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation.

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Development Design Renovations Law 369

Appraisal Buzz

FEBRUARY 26, 2025

According to a TD Bank survey , industry professionals expect declining property values to spur renewed investment in the sector this year. The survey, which gathered insights from more than 200 CRE professionals, found that 76% believe dropping commercial property values will drive increased investment in 2025.

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Real Estate Investors Investing Development 248

Housing Wire

OCTOBER 24, 2024

The latest investment — led by New York investment firm WestCap and Silicon Valley venture capital giant Andreessen Horowitz — brings the total amount of capital raised by Valon to $230 million since its launch in 2019. Valon intends to use the fresh capital to boost product development and expand its reach to new markets.

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Mortgage Real Estate Agent Technology Real Estate 448

Housing Wire

NOVEMBER 14, 2024

mortgage lender, has hired a team of former Pennymac Financial Services executives to lead its capital markets and investment-related activities. On Wednesday, CCM announced Vandad Fartaj as the chief investment officer, William Chang as chief capital markets officer, and Tom Rettinger as chief portfolio risk officer.

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Mortgage Loan Officers Investing Finance 369

Housing Wire

JULY 19, 2024

“A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.” This could make the overall cost to entry — which is already low — more digestible.

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Construction Finance Development Marketing 488

Housing Wire

OCTOBER 23, 2024

I am driven to develop organizational cultures focused on customer service, competences, and skills. She will also guide MBA’s long-term investment strategies, some of which include technology ; diversity, equity and inclusion (DEI) initiatives; and workforce development. “I

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Development Investing Legal Finance 419

Housing Wire

JANUARY 7, 2025

Ohio is projected to experience statewide population declines in 74 of 88 counties over the next 25 years, according to the Ohio Department of Development. NetCredit reported that Detroit has received $1 billion in investments since 2019 to benefit senior and low-income homebuyers.

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Development Investing Buyers Mortgage 418

Housing Wire

OCTOBER 18, 2024

The Council of Federal Home Loan Banks (FHLBanks) lauded this week’s release of a report from the Federal Housing Finance Agency (FHFA), which highlighted the banks’ growth in support of affordable housing and community development efforts in 2023. It also indicated that the banks gave $134.6

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Investing Development Finance Mortgage 418

Housing Wire

OCTOBER 2, 2024

Pretium is a real estate investment firm that focuses on single-family rental (SFR), build-to-rent (BTR) and fix-and-flip properties. Mullen explains that in the 1980s, investment firms focused on securitizing small assets to make them available for institutional investors. Mullen shares that the company raised $1.5

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Real Estate Investing Landlords Tenants 459

Housing Wire

OCTOBER 10, 2024

The platform is intended for housing professionals in various sectors, including 5 million loan officers, appraisers , servicers , underwriters , developers, agents, brokers, attorneys and regulators. Through Araya, CoreLogic will give customers access to the data and analytics of nearly all U.S. properties on one platform.

Real Estate 457

Real Estate Tools Loan Officers Legal 457

Housing Wire

MAY 13, 2024

Residential sale-leaseback platform EasyKnock has acquired the assets of home equity investment firm HomePace , the company exclusively told HousingWire on Monday. Cianciolo will serve as head of business development, Graf as senior vice president of operations and Joerg as chief investment officer.

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Investing Tools Legal Law 460

Housing Wire

NOVEMBER 20, 2024

In August 2023 , the bank disclosed it was under investigation by the Department of Housing and Urban Development (HUD) after the nonprofit organization filed a complaint alleging violations of the U.S. and we are honored to support these efforts through our loans, investments and grants.” Fair Lending Act.

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Loan Officers Lending Development Investing 418

Appraisal Buzz

NOVEMBER 18, 2024

It was a prime investment – cash flowing and competitively priced due to it being a buyer’s market. Concentrated Development: Many developers flocked to the same areas, leading to localized oversupply. Diminished Development Capacity: As developers struggle, new construction grinds to a halt.

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Development Finance Real Estate Housing Market 335

Housing Wire

DECEMBER 5, 2024

Action plan: Invest in referral platforms that deliver pre-qualified, high-intent referrals. Step 4: Develop a recruitment and retention strategy Attracting and retaining top talent is critical to scaling your team. Offer training, mentorship, and career development plans to support long-term success.

Real Estate 370

Real Estate Clients Development Tools 370

Housing Wire

FEBRUARY 11, 2025

Mortgage lending, small business loans, and investments in local development projects are all driven by local lenders who know their markets, live in their communities, and have a vested interest in the growth of their economies. The FHLBanks are also key players in affordable housing and community development initiatives.

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Lending Development Business Insurance 384

Housing Wire

NOVEMBER 14, 2024

By keeping your P&L lean and efficient, you can reinvest savings into growth-focused activities like marketing, agent development or technology upgrades—all of which drive long-term success. Investing in technology that automates workflows, streamlines administrative tasks and enhances customer management can have significant benefits.

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Real Estate Brokerage Agents Technology 397

Housing Wire

OCTOBER 22, 2024

According to eXp, the group specializes in residential real estate, fix-and-flips and investment properties. This allows me to focus on what I do best: finding, developing, and nurturing top talent.” The team is led by Steven Brackett, who has been part of Realty One Group for six years.

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Realty Agents Training Real Estate 427

Housing Wire

APRIL 11, 2024

Editor in Chief Sarah Wheeler sat down with Scott Smith, interim CEO at Optimal Blue , to talk about the right tech investments to make now and how the company plans on keeping its customers for life. We have a pretty strong investment being part of Constellation Software now. Sarah Wheeler: What differentiates your tech? 1 provider.

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Investing Clients Business Technology 459

Housing Wire

OCTOBER 24, 2024

Weaker demand from the local community developers buying at auction suggests continued weakness in the retail housing market into early 2025 given that those local community developers are anticipating retail market conditions about six months into the future,” Daren Blomquist, vice president of market economics at Auction.com, said in a statement.

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Housing Market Marketing Retail Development 482

Housing Wire

JANUARY 24, 2024

New Jersey-based TD Bank has decided to invest $10 billion in affordable homeownership initiatives by 2027, including providing loans and liquidity to the residential lending market. billion in community development loans and other investments, including affordable housing projects. New York, Miami and Philadelphia markets.

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Investing Lending Finance Business 443

Housing Wire

JULY 8, 2024

Today more than ever, real estate investors and developers need reliable lending partners who are agile and can provide certainty of execution to solve their complex financing needs,” Miller said in a statement. The firm is also a major investor in Hometap , one of the larger players in the home equity investment space.

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Investing Legal Lending Landlords 435

Housing Wire

MARCH 6, 2025

He also served on NARs Investment Advisory Board and Real Property Operations Committee, and he was the secretary-treasurer of the REALTORS Relief Foundation. Cenedella grew the associations annual revenues from $40 million to more than $125 million through the development of owned assets, media and events.

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Human Resources Finance Realtors Development 370

Housing Wire

FEBRUARY 25, 2025

Choosing the right hard money lender for your investment project can be challenging. With nearly three decades of experience in real estate and investing, Ive worked with hard money lenders to secure financing for everything from simple fix-and-flip projects to multi-million-dollar apartment building rehabs.

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Renovations Real Estate Investors Investing 360

Housing Wire

MARCH 3, 2025

Name Job Title Company Name Alejandro Franco Vice President of Finance and Controller Cairn Real Estate Holdings Allyson Jackson Executive Vice President Finance and Treasury Planet Home Lending Amit Arora Chief Investment Officer Opendoor Andrey Gunin Chief Financial Officer A&D Mortgage Bill Warden Chief Financial Officer Dark Matter Brandon (..)

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Finance Real Estate Realty Lending 382

Housing Wire

MARCH 6, 2025

Like Richards, most Auction.com buyers are local community developers who have a deep knowledge of the markets and submarkets where they are buying. More inventory for boots-on-the-ground buyers Richards started investing in real estate in 2004 and discovered distressed property auctions in late 2019. million registered users.

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Sellers Inventory Landlords Renovations 313

Appraisal Buzz

FEBRUARY 11, 2025

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. He has developed and manages a portfolio of mixed-use properties throughout South Philadelphia.

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Real Estate Finance Development Investing 269

Housing Wire

DECEMBER 20, 2024

Skills such as coaching, conflict resolution, and teammotivation are rarely developed through sales roles alone. How to develop leadership in the mortgage industry To address the leadership deficiency in our industry, we need to change how we approach promotions and leadership development. Heres how: 1.

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Loan Officers Mortgage Training Development 388

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. Many tenants living in BTR communities may also own a BTR investment property while renting a BTR property themselves.

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Tenants Investing Marketing Construction 475

Housing Wire

FEBRUARY 28, 2025

O’Connor explained how her family remains invested in the Palisades community. I work with different designers and I do development as well. Have you had people asking you questions that you’ve never gotten before when looking for a house or working with a development? And a lot of those agents were hyperlocal.

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Realtors Design Agents Development 353

Housing Wire

NOVEMBER 21, 2024

As we continue to invest deeply into providing our KW-affiliated brokerages support for the development of their team leaders and operating principals, we are excited to welcome Shanan, who will spearhead those efforts,” KW President and CEO Mark Willis said in a statement.

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Brokerage Training Real Estate Agent Agents 368

Housing Wire

NOVEMBER 14, 2024

“They’ve managed to continue securitizing across their platforms, which has allowed them to grow their portfolio, increase earnings, and get back to covering the dividend from an earnings-available-for-distribution standpoint this quarter, which was a positive development,” Harter said.

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Investors Mortgage Investing Business 369

Housing Wire

JANUARY 27, 2025

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity.

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Contracts Mortgage Property Taxes Law 369