Housing Wire

JANUARY 30, 2024

billion in the next five years for lending and investments to low- and moderate-income (LMI) clients and census tracts, with 30% of the total tied to mortgage lending. First Financial Bank’s plan also includes investments in small-business lending and donations to organizations that create and preserve affordable housing.

Investing 434

Investing Mortgage Lending Loan Officers 434

Housing Wire

NOVEMBER 20, 2024

JS: Home equity can be strategically used to manage financial challenges, debt consolidation, home improvement, and health care costs, particularly for aging homeowners. Promoting home equity as a proactive financial strategy for retirement planning and significant life events helps clients plan beyond needs and emergency use.

Finance 370

Finance Marketing Lending Mortgage 370

Housing Wire

NOVEMBER 12, 2024

Home Depot raised its fiscal outlook after strong third-quarter 2024 sales, driven by demand for seasonal goods and hurricane preparation in the Southeast. The world’s largest home improvement retailer and fourth-largest U.S. retailer by market capitalization reported $40.2 billion in sales for the quarter ending Oct.

Housing Market 435

Housing Market Marketing Retail Home Improvement 435

Appraisal Buzz

NOVEMBER 15, 2024

Instead of dealing with the difficulties of purchasing in a competitive market, many homeowners are choosing to invest in their existing homes. Popular projects for the present or future include eco-friendly improvements (27%), outdoor upgrades (37%), and cosmetic alterations 40%. “By

Renovations 370

Renovations Lending Investing Home Improvement 370

Appraisal Buzz

DECEMBER 29, 2021

A new study from HomeAdvisor examined the nation’s cities where investing in home improvements garnered the greatest ROI vs. the weakest. The post Where Are Home Improvements Showing the Strongest ROI? The post Where Are Home Improvements Showing the Strongest ROI? appeared first on DSNews.

Home Improvement 195

Home Improvement Investing Appraisal 195

Housing Wire

MAY 28, 2021

While turnkey properties come with a higher price tag , they can be a cheaper investment in the long run. According to a study conducted by Buildword , 53% of buyers who purchased a fixer-upper exceeded their budget, compared to 15% of buyers who purchased a turnkey home. The costs to fix up a home varies. Fixer-Upper.

Renovations 508

Renovations Home Improvement Real Estate Agent Real Estate 508

Housing Wire

JUNE 8, 2021

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. billion as of March 31, 2021 and is one of America’s largest specialized home improvement lenders. billion in home improvement projects.

Renovations 447

Renovations Home Improvement Marketing Finance 447

Housing Wire

AUGUST 27, 2021

Examine Return On Investment . Unfortunately, upgrading your appliances won’t necessarily allow for a huge return on investment. While upgrades can make your home more desirable, you may not completely recoup the cost of what you spend. . Here are a few other updates with the highest return on investment: . Stone Veneer.

Renovations 459

Renovations Home Improvement Investing Home Value 459

Housing Wire

SEPTEMBER 24, 2024

“Mac has over 25 years of experience in fixed income, capital markets, and investment banking in the mortgage industry,” Beacham said in a statement. Macintosh most recently served as president of the home improvement division at Finance of America. KKR announced Monday that it has raised $4.6

Investing 434

Investing Home Improvement Finance Business 434

Housing Wire

JANUARY 23, 2024

Fifty-five percent of surveyed baby boomers plan to remain in their existing homes as they age, but less than a quarter of those surveyed have any plans to renovate their homes to more safely and easily accommodate natural changes that come with aging.

Renovations 523

Renovations Home Improvement Inventory Housing Market 523

Housing Wire

JULY 24, 2024

“Widening doorways, enlarging bathrooms and installing stair lifts in an older home can quickly become expensive,” the column said based on his input, but there are still less expensive options that can go a long way. But a group of retirees were consistent in targeting one room of the home in particular: the bathroom.

Renovations 476

Renovations Home Improvement Retail Design 476

Housing Wire

NOVEMBER 23, 2021

This form of refinancing can help borrowers who need a source of money to add additional value to their home, especially as the current market is incredibly attractive for sellers. Invest in the future. Another benefit of utilizing cash-out refinancing is the ability to use newly freed up cash flow to invest in the future.

Investing 448

Investing Home Improvement Home Value Mortgage 448

Housing Wire

DECEMBER 6, 2024

Some popular real estate newsletter content includes: Market updates Featured listings Industry news Local news Community events Agent profiles Investment opportunities No matter what content you choose to include, your real estate newsletter should serve as a meaningful touchpoint that continuously builds your client relationships.

Real Estate 397

Real Estate Clients Tools Sellers 397

Housing Wire

MAY 10, 2021

announced today the launch of Finance of America Home Improvement , a new business division offering non-mortgage financing options, including renovation loans. The Homestyle program can be used for investment properties, though the 203K loan is only for primary residences. Lending and services platform Finance of America Inc.

Renovations 397

Renovations Finance Home Improvement Lending 397

Housing Wire

JANUARY 21, 2025

Furthermore, servicers can leverage these relationships to approach consumers with value-added services including asset protection, insurance products, home improvement loans, and maintenance options. Effective loan servicing positions servicers as reliable advisors for the homeowner. Click Here

Mortgage 370

Mortgage Investors Insurance Modernization 370

Housing Wire

JULY 16, 2024

RentRedi’s biggest investors include K1 Investment Management, RiverPark Ventures, TIA Ventures and Tribeca Early Stage Partners. In February, Curbio joined the program, offering pre-sale home improvement services and financing. RentRedi was founded in 2016 and is backed by venture capital.

Landlords 431

Landlords Tenants Real Estate Agent Property Management 431

Appraisal Buzz

OCTOBER 1, 2024

Key Report Highlights “Homes are more vulnerable than ever to the damaging effects of extreme weather, and the financial consequences can be severe. The increasing unpredictability of weather is a wakeup call for homeowners to protect their homes and wallets,” said Rocco Mango, Interim CEO of Leaf Home. “By

Home Improvement 418

Home Improvement Insurance Home Value Sellers 418

Housing Wire

FEBRUARY 6, 2024

So making certain — especially when you hit your 50s and 60s — that you remodel it […] does make it easier as you get older to stay home.” Costs for renovation projects can vary based on factors such as location, job size and condition of the home.

Renovations 476

Renovations Home Improvement Investing Clients 476

Housing Wire

MARCH 25, 2022

According to an analysis of the HMDA data by Polygon Research application HMDAVision, the top 10 lenders by volume are: Rocket Mortgage United Wholesale Mortgage Wells Fargo LoanDepot JPMorgan Chase New Residential Investment Corp. New Residential Investment Corp. Freedom Mortgage Bank of America Homepoint Guaranteed Rate.

Mortgage 459

Mortgage Lending Home Improvement Investing 459

Housing Wire

JANUARY 19, 2024

Patriot Bank added: “The bank entered into a consent order with the DOJ because the terms of the agreement affirm and adopt the programs and actions that the bank has already been implementing on its own for many years to help meet mortgage credit needs in the communities it serves, including its investment of $1.9

Loan Officers 481

Loan Officers Lending Advertising Home Improvement 481

Housing Wire

MAY 22, 2024

When asked about the reason for making these investments, the wife described their desire to maintain the comfort, familiarity and pride in the home they’ve lived in together rather than giving them up. The Home Depot is refreshing an in-house brand with accessibility in mind for things like grab bars and easier-to-use faucets.

Renovations 459

Renovations Design Home Improvement Advertising 459

Housing Wire

AUGUST 5, 2020

For example, the rate is not for cash-out loans for debt consolidation or home improvements. The rate is also only for owner-occupied properties, and not for investment or rental properties. Loans can only include the old loan balance, and not more.

Mortgage 528

Mortgage Loan Officers Lending Advertising 528

Housing Wire

APRIL 2, 2021

To coincide with the IPO, institutional investors have pledged to make a private investment of $250 million in the company. Two weeks ago, the firm launched a home improvement vertical with the $45 million acquisition of Renovate America ‘s Benji business line.

Finance 387

Finance Renovations Investors Retail 387

Housing Wire

JUNE 22, 2023

The Loan Store’s HELOC product is a standalone, fixed-rate line of credit that allows borrowers to tap into the equity of their homes, with credit lines ranging from $25,000 to $400,000. These funds can be utilized to consolidate debts or finance home improvement projects. The Loan Store, Inc.

Finance 370

Finance Home Improvement Lending Valuation 370

Housing Wire

SEPTEMBER 19, 2024

The agreement dictates that OceanFirst will invest $14 million “in a loan subsidy fund with the goal of increasing access to credit for home mortgage loans, home improvement loans, and home refinance loans” in minority-dominant neighborhoods.

Lending 446

Lending Advertising Loan Officers Home Improvement 446

Housing Wire

APRIL 21, 2022

In 2018, to settle charges of redlining , the DOJ ordered Minnesota-based KleinBank to invest at least $300,000 in a special purpose credit program over three years to offer residents of majority-minority census tracts mortgage and home improvement loans on a “more affordable basis than otherwise available from KleinBank.”.

Lending 435

Lending Legal Law Development 435

Housing Wire

MARCH 10, 2023

Among the nonbanks that either have or plan to introduce HELOC loan products are United Wholesale Mortgage , Rocket Mortgage , Guaranteed Rate , loanDepot and New Residential Investment Corp. said Peter Silberstein, chief capital officer, at Unlock Technologies , a fintech operating in the shared home-equity investment space.

Housing Market 370

Housing Market Marketing Contracts Lending 370

Housing Wire

DECEMBER 14, 2020

Before investing in an ADU, homeowners should first check with their zoning authority or municipality to find out their guidelines for ADUs. Therefore, with the exception of tiny homes on wheels, the ADU would be sold as part of the property. As home improvements go, ADUs can be a profitable investment.

Tenants 411

Tenants Government Development Investing 411

Housing Wire

JULY 1, 2021

That’s partly why people are spending significant time, energy and money on home renovation projects these days. It’s no secret that home improvements can be a costly endeavor. If you’re looking to increase the value of your home or prepare it for resale, certain renovations may take its appeal to the next level.

Renovations 448

Renovations Valuation Appraisal Investing 448

Appraisal Buzz

AUGUST 15, 2024

This is a good option for customers wanting to consolidate high-interest debt or finance home improvements. But LOs should ensure that they educate their customers on potential downsides too: obviously, it entails taking on a greater debt load and putting their home up as collateral, which may not be the best choice for all customers.

Loan Officers 407

Loan Officers Clients Home Improvement Insurance 407

Housing Wire

APRIL 27, 2021

The acquisition of Parkside’s wholesale business comes roughly one month after Finance of America’s acquisition of Renovate America’s Benji business , an expansion into the home improvement lending space. Similarly, New Residential Investment Corp.

Finance 370

Finance Lending Retail Renovations 370

Housing Wire

AUGUST 21, 2023

487 LiveEasy 1,204% 2013 Real estate software company changing the way people manage their move and their homes. 497 BOSSCAT 1,175% 2018 Digitizing home inspection data to create instant repair estimates for homeowners and real estate professionals. Other established names to make the Inc. Other established names to make the Inc.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Boston Appraisal

NOVEMBER 9, 2023

The effect that home improvements have on an appraisal can vary depending on the type of improvement, the quality of the work, and the local real estate market. What are some common home improvements that can increase appraisal values? What are some common home improvements that can increase appraisal values?

Home Improvement 78

Home Improvement Appraisal Renovations Real Estate 78

Cornerstone

DECEMBER 11, 2024

Reading Time: 2 minutes Looking to make smart investments in your home that will pay off in the long run? Energy-Efficient Windows & HVAC Investing in energy-efficient windows and a high-efficiency HVAC system transforms your homes comfort level while slashing your energy bills.

Investing 36

Investing Modernization Home Improvement Home Value 36

Housing Wire

APRIL 24, 2023

When families own their homes, they have roots in their neighborhood and have a financial and societal investment in the well-being of their community. Bush spoke of the benefits of homeownership, noting the virtues of homeownership and homeowners’ inherent investment in the well-being of their community and the nation.

Legal 397

Legal Housing Market Government Buyers 397

Housing Wire

OCTOBER 12, 2023

DoorDash co-founders Tony Xu and Stanley Tang, Lyft co-founder Logan Green, Opendoor co-founder Eric Wu and Mercury co-founder Immad Akhund also invested in that round. It raised $9 million in Series A funding led by Khosla Ventures.

Development 459

Development Technology Clients Investing 459

Cleveland Appraisal Blog

APRIL 29, 2021

Tips for Increasing Your Home’s Value Without Spending a Fortune. Buying a property is not just about creating a home, it is making a long-term investment. Some of these upgrades and additions require a significant investment, but others do not require spending a fortune, but they still yield a high return on investment.

Appraisal 249

Appraisal Investing Renovations Buyers 249