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Figure gets $200M equity investment from Sixth Street through JV

Housing Wire

Technology platform Figure , which powers a liquid, blockchain-based marketplace for financial products, and global investment firm Sixth Street today announced the formation of a new joint venture vehicle in which Sixth Streets asset-based finance platform has committed to invest $200M of equity.

Investing 281
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Lenders see appraisal modernization as a top priority

Housing Wire

A Fannie Mae survey published in mid-May found that mortgage lenders see value in appraisal modernization, specifically in the implementation of non-traditional appraisals and inspection-based appraisal waivers. However, they have several more pressing priorities when it comes to what they’re investing in.

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HUD Streamlines Affordable Housing Regulations

Appraisal Buzz

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). HOME is one of the largest federal grant programs specifically for creating housing for disadvantaged households.

Tenants 349
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FOA’s Kristen Sieffert talks about growing the business in 2025

Housing Wire

Despite a drop in overall profitability in the fourth quarter of 2024, FOA, one of the nations leading reverse mortgage lenders, remains optimistic about the total addressable market for home equity-based retirement products and will continue to develop its offerings in 2025.

Business 332
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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession? Investing smartly in technology can make a huge difference. Can it be abused?

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Real estate investment leaders talk build-to-rent homes and affordability solutions

Housing Wire

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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How do you put a price on the wildfire damage in LA?

Housing Wire

Should a large number of additional structures be burned in the coming days, it may become the worst wildfire in modern California history based on the number of structures burned and economic loss. A lot of the dollars could come from things like investments, and will not be only physical damage.