Housing Wire

AUGUST 30, 2024

As a salve, a vocal minority of activists say that “simply” allowing the financing of buyer-agent commissions into mortgages will resolve all concerns. For reasons both practical and legal, buyer-agent commissions are not today explicitly financeable with a mortgage. But let’s suppose all that occurs. Would it be worth the effort?

Finance 447

Finance Buyers Agents Insurance 447

Housing Wire

NOVEMBER 19, 2024

We have amazing data scientists who are building out new models — from reducing premiums on wildfire insurance in California to using image analytics so that an appraiser can capture the appraisal in real time and use it for quality assurance. The insurance commissioner there declared 13 resiliency prerequisites. Risk Rating 2.0

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Development Insurance Appraisal Real Estate 369

Housing Wire

JULY 24, 2024

While it may be easy to attribute the slower market conditions to the state’s well-publicized insurance issues , local agents say there is a perfect storm of factors. “It Insurance is still a major hurdle for many. Altos’ data shows that the 90-day median time on market jumped from 49 days a year ago to 70 days as of mid-July.

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Inspection Insurance Marketing HOA 488

Housing Wire

JANUARY 28, 2025

Ruimy noted that the BPL sector accounts for a significant portion of residential mortgage originations, with large investors increasingly turning to BPL lenders like Dunmor. Apollo orchestrated this transaction and now our partnership through Newfi provides the financing needed to grow this business and scale it to a higher level.

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Lending Investing Finance Investors 336

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.

Finance 443

Finance Real Estate Investors Legal 443

Housing Wire

APRIL 1, 2024

Fintechs involved in homeownership investments have been around for nearly two decades, but it wasn’t until recently that a handful of them have been backed by big investors seeking to take the HEI product mainstream. To put a sense of scale on that, insurance capital is about $8 trillion, and about half of that goes into the bond world.”

Finance 466

Finance Investing Real Estate Agent Real Estate 466

Housing Wire

NOVEMBER 2, 2020

As the pandemic shifts from crisis to chronic, investors, community leaders and housing advocates say they intend to make the most of the chance to permanently elevate the case for affordable housing even as economic metrics are starting to shift. The influx of cash to consumers early in the pandemic kept rent payments flowing, all agree.

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Investors Transportation Property Taxes Investing 459

Housing Wire

MARCH 26, 2024

The risky operating environment has been marked by volatile, high interest rates (with 30-year fixed rates now hovering around 7%), high financing costs and moderating rental rates as an influx of multifamily rental properties continues to come online across the country.

Investors 482

Investors Marketing Inventory Real Estate 482

Housing Wire

MAY 9, 2023

National Mortgage Insurance Corporation (National MI) announced on Tuesday its integration with Vesta , a loan origination system (LOS) provider and software-as-a-service company. ” National MI’s API platform lets lenders and LOS providers quickly and seamlessly retrieve accurate mortgage insurance quotes through Rate GPS. .

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Insurance Mortgage Tools Technology 391

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 447

Housing Wire

MARCH 11, 2021

Finance of America Reverse will soon debut a hybrid product that combines elements of a reverse mortgage with a forward mortgage. The new product, called EquityAvail, funds at closing and requires that the borrower make payments for 10 years but at a reduced amount, Finance of America Reverse said this week.

Finance 418

Finance Mortgage Retail Home Value 418

Housing Wire

JUNE 21, 2022

Investors provide capital necessary for many families to fulfill their aspirations of living in a house whether renting or owning. How can investors help with homeownership? Let’s switch gears and consider how investors help with home ownership. But, who are these investors? To be precise, the average U.S.

Investors 435

Investors Renovations Inspection Government 435

Housing Wire

AUGUST 16, 2024

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. The number of home purchases by investors rose 3.4% While investors are still sensitive to mortgage rate changes, they are less sensitive than consumer buyers as 69% of investors pay in cash.

Investors 468

Investors Tenants Real Estate Property Taxes 468

Housing Wire

SEPTEMBER 19, 2022

Mortgage tech startup Staircase says it has launched a tool that enables mortgage insurers to automate the underwriting of non-delegated mortgage insurance (MI) policies for lenders at about half of the typical cost. In the delegated channel, the lender underwrites the loan for mortgage insurance and submits it to the mortgage insurer.

Insurance 370

Insurance Tools Mortgage Valuation 370

Housing Wire

SEPTEMBER 22, 2021

The fastest growing brokerage in insurance industry history, Acrisure , announced Wednesday that it has acquired title insurance and settlement service provider Tempo Title , marking its entrance into the real estate services business. The post Insurance brokerage Acrisure buys Tempo Title appeared first on HousingWire.

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Insurance Brokerage Real Estate Construction 326

Housing Wire

JANUARY 26, 2022

Experienced real estate investors often say that there are opportunities in every market — whether prices are rising or falling, whether the trends lean towards a buyers’ market or a seller’s market. The “Big Four” take on the upstarts in title insurance. All these investors need are properties to sell or rent.

Real Estate 459

Real Estate Investors Inventory Business 459

Housing Wire

MARCH 7, 2024

And so [investors] can start having greater conviction in the future path of interest rates and in the health of the mortgage market.” The pool of non-QM borrowers includes real estate investors, fix-and-flippers, foreign nationals, business owners, gig economy workers and the self-employed.

Investors 445

Investors Government Mortgage Investing 445

Housing Wire

AUGUST 16, 2023

A week after announcing a pivot in its business strategy , publicly traded title insurance firm Doma announced the sale of its retail operations in Florida on Tuesday. Doma’s Florida operation was purchased by Near North Title Group for an undisclosed sum. Near North Title Group purchased Doma’s Midwest locations in July.

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Retail Insurance Technology Business 361

Housing Wire

AUGUST 13, 2024

Influential housing nonprofit Enterprise Community Partners this week submitted a comment letter to the Federal Housing Finance Agency (FHFA) regarding the Duty to Serve (DTS) plans submitted by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.

Insurance 440

Insurance Modernization Finance Government 440

Housing Wire

MAY 25, 2021

The bill would allow borrowers to finance up to 100% of the acquisition price. Homebuyers would pay an up-front mortgage insurance premium of 3.6 percent of the principal, which could be financed, and would not pay a monthly insurance premium. Representatives John Rutherford (R-Fla.), Al Lawson (D-Fla.),

Finance 493

Finance Insurance Loan Officers Government 493

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. FHA has also updated its FHAC guide to provide details for these changes.

Renovations 445

Renovations Modernization Insurance Finance 445

Housing Wire

JUNE 5, 2024

Today, HUD is providing new resources for preserving and revitalizing these communities by providing FHA-insured financing to mission-focused groups to buy or refinance and revitalize manufactured homes. “Manufactured home communities offer a stable and affordable housing option for many families,” Todman said in a statement.

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Government Finance Renovations Design 529

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.

Investors 415

Investors Insurance Finance Government 415

Housing Wire

NOVEMBER 9, 2023

New York-based digital lender Better Home & Finance Holding Company has partnered with information technology consulting company Infosys on a mortgage-as-a-service platform. The company’s latest efforts to become a digital homeownership company includes the launch of Better Insurance. The digital lender reported a net loss of $45.5

Mortgage 431

Mortgage Insurance Finance Technology 431

Housing Wire

SEPTEMBER 9, 2024

Better Home & Finance Holding Co. , Better will evaluate the borrower’s credit report to assess the subject property payment history and to ensure the credit score meets the investor threshold. the parent of digital lender Better.com , rolled out its Federal Housing Administration (FHA) streamline refinance program on Monday.

Finance 448

Finance Insurance Investors Mortgage 448

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.

Investing 441

Investing Investors Contracts Insurance 441

Housing Wire

APRIL 9, 2024

The time-tested resiliency of home values highlights home equity’s importance to American households and its significance for residential real estate investors alike. In today’s environment, homeowners are looking for new answers — and financing platforms — to solve that puzzle. The same story holds true for personal finance.

Investors 465

Investors Investing Real Estate Finance 465

Housing Wire

AUGUST 13, 2024

The American Land Title Association is making it clear that it won’t have the Consumer Financial Protection Bureau making drastic changes to title insurance without first at least hearing the trade groups thoughts on the issue. 2, the trade group stressed the importance of title insurance.

Insurance 468

Insurance Mortgage Legal Government 468

Housing Wire

AUGUST 14, 2023

Many of those changes came to light last week during the company’s second-quarter earnings call with investors. For a few months now it has been clear that changes were afoot at title firm Doma.

Insurance 369

Insurance Business Retail Investors 369

Housing Wire

FEBRUARY 4, 2021

Stone Point and Insight Partners are highly respected investors who recognize the value and potential of CoreLogic’s digital content, solutions and market-leading platforms that power the housing economy,” CoreLogic President and CEO Frank Martell said. The investors dropped their takeover bid on Nov.

Legal 482

Legal Investors Lending Finance 482

Housing Wire

SEPTEMBER 26, 2024

Zillow is partnering with First Street to provide users with data on a property’s risk levels for flood , wildfire , wind, heat and air quality through risk scores, interactive maps and insights into insurance requirements. It also provides home shoppers with information on wind, fire and flood insurance requirements. “At

Insurance 465

Insurance New Listings Buyers Tools 465

Housing Wire

SEPTEMBER 21, 2023

The credit risk analytics will combine ICE’s physical climate risk data and DeltaTerra’s climate analytics, financial risk models, and market data to deliver risk impact estimates for investors in the residential and commercial mortgage-backed securities markets. Our climate risk data can help inform investment decisions of U.S.

Investors 259

Investors Investing Finance Insurance 259

Housing Wire

JULY 17, 2024

In June , the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corp. They were followed by the Federal Housing Finance Agency (FHFA), the Consumer Financial Protection Bureau (CFPB), the Federal Reserve System and the National Credit Union Administration (NCUA).

Valuation 466

Valuation Technology Law Insurance 466

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.

Investing 434

Investing Finance Contracts Insurance 434

Housing Wire

FEBRUARY 9, 2023

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Northpointe was the 24th largest correspondent lender , according to Inside Mortgage Finance.

Lending 397

Lending Business Retail Client Relationships 397

Housing Wire

JULY 27, 2021

Ginnie Mae ’s recent proposal to impose liquidity and risk-based capital requirements on their single-family issuers is the right approach for ensuring the long-term financial stability of this segment of the housing finance system. . If those issuers fail, Ginnie Mae is ultimately responsible for making those investor payments.

Insurance 459

Insurance Finance Government Mortgage 459

Housing Wire

APRIL 5, 2022

To boot, one of the first financing transactions on record was made in January 2022 by technology firm TerraZero. Section F: While there is no need for homeowners insurance, “mortgage” insurance and prepaid interest may still make sense in this scenario. It was a $45,000 purchase in Decentraland.

Real Estate 532

Real Estate Mortgage Property Taxes Law 532