Housing Wire

JANUARY 9, 2025

The Mortgage Firm , a Florida-based mortgage lender, has agreed to invest $1.5 The Mortgage Firm looks forward to its continued investment in the South Florida communities,”the spokesperson added. million to settle a redlining case with the U.S. Department of Justice (DOJ), the parties announced Wednesday.

Investing 316

Investing Mortgage Lending Law 316

Housing Wire

JULY 17, 2024

“Despite numerous challenges, real estate investors feel much better about the investing environment today than they have over the past year and are equally optimistic about where the market is heading,” RCN Capital CEO Jeffrey Tesch said in a statment. Most investors seem to be looking to mitigate risk by investing locally.

Real Estate 437

Real Estate Investors Insurance Investing 437

Appraisal Buzz

OCTOBER 1, 2024

Realtor.com has found that , amid rising home prices and mortgage rates, real estate investors are still finding hidden gems in affordable metros across the country, with Dayton, Ohio, standing out as the top destination for property investment in 2024. Click here for more on Realtor.com’s study of the nation’s top investment markets.

Real Estate 416

Real Estate Investors Investing Buyers 416

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. As part of the collaboration, Ally participated in Betters Series C funding round, which raised $70 million, including an add-on investment from Ally.

Business 369

Business Mortgage Loan Officers Investing 369

Appraisal Buzz

AUGUST 22, 2024

Multifamily properties, in particular, continue to attract significant investment due to stable occupancy rates and the ongoing need for rental housing across various markets. While challenges persist, the fundamental demand for housing and select commercial spaces is expected to sustain investment activity.

Investing 435

Investing Retail Construction Tools 435

Appraisal Buzz

JANUARY 9, 2025

The goal of first-time homebuyers is to make an investment in a house they are comfortable and pleased to own. The return on investment (ROI) of a home purchase is a significant financial investment and a means of accumulating home equity. 140,000 2.6 2 Rochester, NY Northeast 22.3% 129,900 2.5 3 Villas, FL South 14.1%

Buyers 368

Buyers Investing Inventory Marketing 368

Appraisal Buzz

JULY 2, 2024

In order to help either type of homeowner make smarter choices, analysts at Fixr examine data from the annual Remodeling Cost vs. Value Report to determine home improvement projects with the greatest return on investment. A bathroom remodel , for example, is a pricey project that brings a lower ROI than other jobs.

Home Improvement 435

Home Improvement Investing Real Estate Real Estate Agent 435

Housing Wire

APRIL 15, 2024

Experts including Wade Pfau and Jamie Hopkins have long aimed to communicate the potential for a reverse mortgage to add cash flow in retirement, with Pfau often describing a reverse mortgage as an investment tool. The beneficiaries can get more. They can pay off the loan and still have a net windfall.”

Mortgage 465

Mortgage Tools Investing 465

Appraisal Buzz

SEPTEMBER 25, 2024

Discover how to invest in the proper chances to develop your real estate portfolio and learn how to leverage your existing abilities to tap into alternative cash streams. First Lien Capital’s CEO and Chief Investment Officer, Bill Bymel, gave the keynote speech. Attendees learned where to begin, how to develop, and what not to do.

Real Estate 370

Real Estate Agents Investing Realty 370

Housing Wire

JULY 19, 2024

Ascent Developer Solutions , a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Wasmund is also the former CEO of Genesis Capital , which was sold by Goldman Sachs in 2021 to New Residential Investment Corp. , now known as Rithm Capital.

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Construction Development Finance Lending 414

Housing Wire

AUGUST 19, 2024

For most Auction.com buyers, their motivations for investing in real estate are twofold. However, they are also highly motivated by a desire to improve the communities where they invest. Building wealth is a top priority, with 97% ranking it as a top-three motivation. It is more driven now by providing service to the marketplace.

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Renovations Development Buyers Investors 473

Housing Wire

OCTOBER 23, 2024

The funding is expected to result in some 26,400 new housing units, which will primarily serve low-income families and communities that “need additional investment,” the department said in its announcement. The Treasury noted that recipients are ”required to leverage their awards with other private and public investment by at least 10 to one.”

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Development Investing Finance Government 403

Housing Wire

MARCH 22, 2024

The landscape for home flipping across the country was challenging in 2023 as fewer single-family homes and condominiums were flipped and investment returns on these projects declined. Return on investment (ROI) was 27.5% A total of 308,922 single-family homes and condos were flipped in 2023, down 29.3% from the 436,807 flips in 2022.

Investors 476

Investors Investing Real Estate Marketing 476

Housing Wire

MARCH 22, 2024

This is according to a column published this week by Investment News, soliciting input from planner professionals well known to the reverse mortgage business, including Wade Pfau. It’s simply a matter of demographics,” he told Investment News. “We But other data suggests convincing borrowers of the benefits remains very challenging.

Tools 467

Tools Mortgage Clients Investing 467

Housing Wire

DECEMBER 2, 2024

The investment — which is going to SERHANT. Among the companies it has invested in are Flex , Bilt Rewards , Proof , Curbio , VTS and HappyCo. Among its investments are Kings League , LOVB , Bilt Rewards , Blank Street , M1 Finance , Wayflyer , Masterworks , Talkiatry , Kittl and Ownwell.

Development 362

Development Brokerage Technology Real Estate 362

Housing Wire

JUNE 4, 2024

As someone who is invested in this industry, I see this development not as a failure of one company, but as a testament to the ongoing evolution and diversification within the real estate industry. I vividly recall when Homie first entered the market.

Real Estate 451

Real Estate Brokerage Clients Realtors 451

Housing Wire

JANUARY 8, 2025

Real estate investment trust Redwood has expanded its home equity platform, Aspire, to include alternative loan products amid affordability challenges in the housing market, the company announced Tuesday. Through Aspire, launched in September 2023, Redwood directly originates home equity investments (HEIs).

Real Estate 300

Real Estate Investing Investors Lending 300

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.

Construction 440

Construction Finance Development Marketing 440

Housing Wire

DECEMBER 5, 2024

As consumer debt reaches all-time highs and the cost of living continues to escalate, home equity investment fintech Splitero on Thursday announced a purchase commitment from funds managed by asset manager Blue Owl Capital. It was already available in the states of Arizona, California, Colorado, Oregon, Utah and Washington.

Investing 281

Investing Brokerage Technology Real Estate 281

Housing Wire

OCTOBER 3, 2024

William Chang is stepping down from his roles as chief capital markets officer at PennyMac Financial Services and chief investment officer for PennyMac Mortgage Investment Trust , the company announced Thursday. Industry veteran Mark Elbaum will succeed him.

Marketing 388

Marketing Investing Mortgage 388

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.

Mortgage 393

Mortgage Real Estate Agent Technology Real Estate 393

Housing Wire

SEPTEMBER 17, 2024

Home equity solutions provider Unison launched a new product on Tuesday that combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. In June, the company closed a $215 million securitization backed by home equity investments. The transaction was rated by DBRS Morningstar.

Renovations 391

Renovations Investing Finance Investors 391

Housing Wire

OCTOBER 17, 2024

The report detailed FHLBanks’ activity across several programs that include the Affordable Housing Program (AHP), the Community Investment Program (CIP), the Community Investment Cash Advance Program (CICA) and other “voluntary targeted mission-activity programs,” according to the FHFA.

Development 409

Development Finance Investing Mortgage 409

Housing Wire

AUGUST 2, 2024

The targeted areas for these companies include multifamily rentals and investments; single-family refinancing, servicing and origination ; fraud detection; and compliance with the Americans with Disabilities Act (ADA).

Real Estate Agent 407

Real Estate Agent Real Estate Tools Renovations 407

Appraisal Buzz

JULY 25, 2024

Despite the fact that the median price of a home in the United States surged to a new record of $360,000 during the 2024 spring home-buying season, the countrywide investment return barely moved and remained well behind a highwater mark reached in 2022. to 56.1%) Syracuse, NY had the largest annual improvements in returns on investment.

Investing 418

Investing Sellers Marketing Home Value 418

Housing Wire

OCTOBER 3, 2024

SitusAMC has struck a deal to sell a majority stake of two subsidiaries focused on mortgage risk management to investment firm VineLight Venture. It comes as Securent seeks capital to invest in rising-demand products, especially in the residential mortgage-backed securities (RMBS) space. The terms of the agreement were not disclosed.

Mortgage 367

Mortgage Insurance Brokerage Investing 367

Housing Wire

JANUARY 3, 2025

In response to drastic economic changes and environmental concerns, industries are quickly realizing the benefits of investing in sustainable practices that can positively impact their business operations. Over the next several decades, this will require our industry to invest in the development of truly recyclable building materials.

Development 379

Development Real Estate Construction Investors 379

Appraisal Buzz

NOVEMBER 8, 2024

three-fourths of business leaders said they were planning to escalate their AI investments as they continue to see positive strides in customer service functionality. Without that, customers may simply refuse to engage, leaving lenders out in the cold after making their investment in AI and chatbots. And as the J.D.

Mortgage 389

Mortgage Investing Technology Training 389

Housing Wire

DECEMBER 30, 2024

New relationships are forming between insurers seeking long-term debt investments and managers specializing in origination, securitization, and sale of mortgage -backed securities. Historically, life insurance companies shied away from investing in residential mortgages. What would increased bank participation in non-QM look like?

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Insurance Investors Investing Mortgage 320

Housing Wire

SEPTEMBER 27, 2024

In addition, TRG also announced that LENX, the strategic investment arm of homebuilder Lennar , has become a minority investor in the firm. “Our partnership with Lennar speaks volumes to who we are as a company and the value we deliver,” McCall said. .” ” Lennar is joining Anywhere Real Estate Inc.

Technology 375

Technology Investing Real Estate Investors 375

Housing Wire

JANUARY 14, 2025

Improving and selling or refinancing houses for investment purposes has long been the purview of part-time entrepreneurs looking to earn additional income. Some key strategies are highlighted here: Identify the right location It is often said that the three most important factors in real estate investing are location, location, and location.

Marketing 335

Marketing Renovations Investors Transportation 335

Housing Wire

AUGUST 20, 2024

It wasn’t enough to significantly dent the supply problem, but the pullback in that type of investing activity has only made things worse. But, the better (and quicker) option is offering meaningful incentives, such as tax abatements, to those willing to invest in aging housing stock.

Marketing 406

Marketing Investors Development Investing 406

Housing Wire

NOVEMBER 14, 2024

Investing in technology that automates workflows, streamlines administrative tasks and enhances customer management can have significant benefits. Make 2025 your best year yet by investing in the strategies that drive lasting growth. First, you free up your agents to focus on what they do best: closing deals.

Real Estate 381

Real Estate Brokerage Agents Technology 381

Housing Wire

JANUARY 7, 2025

NetCredit reported that Detroit has received $1 billion in investments since 2019 to benefit senior and low-income homebuyers. Detroit Mayor Mike Duggan has expressed intentions to invest in the city’s housing development efforts for years to come. .” Detroit’s affordability stems from a different source.

Development 379

Development Investing Buyers Mortgage 379

Housing Wire

JULY 26, 2024

This bipartisan bill makes critical new investments to help people keep a roof over their head and safely get to where they need to be — with new funding to hire more air traffic controllers and air and rail safety inspectors, boost our housing supply, sustain rental assistance, improve America’s roads and bridges, and much more,” said Sen.

Transportation 420

Transportation Law Investing Government 420

Housing Wire

FEBRUARY 14, 2024

High interest rates, elevated home prices and a slowing rental market have made real estate investments less lucrative, prompting some investors to diversify their portfolios with Treasury bonds, for example. home purchases fell by 12.2% year over year to 251,462, the lowest fourth-quarter level since 2012, according to Redfin data.

Real Estate 496

Real Estate Investors Real Estate Agent Market Value 496

Housing Wire

NOVEMBER 22, 2024

Detroit had the largest return on investment (ROI), with the typical investor selling a home for 135% — or $121,500 — more than the initial purchase price of $90,000. Miami (28.2%); Anaheim, California (24.3%); and San Diego (23.3%) had the largest shares of investor home purchases among all metro areas analyzed.

Investors 421

Investors Real Estate HOA Housing Market 421