Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. If your state requires a lending license, make sure a the lender is licensed. Escrow officers and title agents.

Real Estate 397

Real Estate Investing Investors Renovations 397

Housing Wire

JANUARY 27, 2023

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. We would feed them leads, but they came back to us because they didn’t know how to structure the full document deals,” Jay Voorhees, co-founder at JVM Lending, said in an interview with HousingWire. I thought it was sparse.

Lending 384

Lending Real Estate Agent Loan Officers Retail 384

Housing Wire

NOVEMBER 22, 2023

Mike Cagney’s financial technology firm Figure Technologies has taken another step to go public with its lending division, LendCo , hiring investment banks to coordinate the initial public offering (IPO), per a Bloomberg report. The profitable lending business has more than a 50% contribution margin, he said in a meeting.

Lending 384

Lending Valuation Technology Retail 384

Housing Wire

MAY 31, 2024

A new report from the Government Accountability Office (GAO) concluded that while institutional investors may have contributed to rising home prices since 2009, the actual impact they have had on homeownership opportunities is more difficult to assess.

Investors 359

Investors Inventory Government Construction 359

Housing Wire

NOVEMBER 2, 2020

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. The post Simplify complex lending processes with powerful analytics appeared first on HousingWire. Originations.

Lending 404

Lending Valuation Clients Tools 404

Housing Wire

JANUARY 11, 2023

Nashville, Tennessee-headquartered Defy Mortgage is the latest player to join the non-QM (non-qualified mortgage) lending space, which targets entrepreneurs and gig workers who have various forms of collateral, including cryptocurrency. We are able to count it as liquidity from a reserve requirement and for asset depletion.”.

Lending 447

Lending Mortgage Marketing Technology 447

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 381

Investors Government Mortgage Investing 381

Appraisal Buzz

AUGUST 13, 2024

While the industry is no stranger to predatory and/or unfair lending practices, new advisory opinion and research study on a type of home seller financing known as a “contract for deed” has been released by the Consumer Financial Protection Bureau (CFPB). These disclosures include the annual percentage rate and payment schedules.

Contracts 367

Contracts Investors Sellers Lending 367

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Is now a good time to invest in real estate automation technologies? Presented by: Axis Technical Group.

Real Estate 415

Real Estate Brokerage Lending Mortgage 415

Housing Wire

JUNE 27, 2024

Dominion Financial Services , a Baltimore -based private lender with products tailored to real estate investors , has launched a third-party origination program for mortgage brokers, according to an announcement on Thursday. investors are “finding creative ways“ to acquire and redevelop real estate.

Investing 332

Investing Investors Real Estate Inventory 332

Housing Wire

JUNE 10, 2024

Los Angeles -based Dunmor , a technology -enabled lender that specializes in loans for residential real estate investors , has added a pair of experienced executives in the business-purpose lending space. Huff has also worked in the whole loan investment sector on pricing, due diligence, portfolio surveillance and loss mitigation.

Lending 303

Lending Business Real Estate Finance 303

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.

Tenants 416

Tenants Investing Marketing Construction 416

Housing Wire

NOVEMBER 26, 2024

Mortgage infrastructure provider Pylon received a minority strategic investment from Citi and closed a deal to sell mortgages on its platform through the bank’s mortgage trading desk, the parties announced on Tuesday. Pylon, founded in 2022, has Peter Thiel, the co-founder and former CEO of PayPal , among its investors.

Investing 319

Investing Mortgage Technology Lending 319

Housing Wire

SEPTEMBER 13, 2022

Lending standards tightened in August amid a worsening economic outlook and signs of cooling in home-price growth. A decline in MCAI, benchmarked to 100 in March 2012, indicates that lending standards are tightening while an increase in the index suggests a loosening of credit. billion in 2022 from last year’s $4.4 billion. .

Lending 366

Lending Government Mortgage Investors 366

Housing Wire

SEPTEMBER 29, 2020

Right now, while things are good, invest in cross-training your staff. People take pride in their work when they believe that their leaders are invested in them as people — not just as tools to help them reap short-term rewards. The post Refi Sugar High: How to balance your lending diet appeared first on HousingWire.

Lending 427

Lending Loan Officers Business Investors 427

Housing Wire

OCTOBER 7, 2024

This approach integrates QC principles throughout the lending process, from application to servicing. This focus aligns with Fannie Mae’s QC requirements and reflects the growing importance of data in the lending process.

Lending 418

Lending Mortgage Training Technology 418

Housing Wire

APRIL 8, 2021

When concern about the economy is high, investors gravitate toward safe-haven investments like Treasury bonds and mortgage bonds, pushing bond prices higher but the yields on those bonds lower.”. For those that have focused on purchase lending, they will see less of a drop in total volume.

Development 447

Development Lending Mortgage Marketing 447

Housing Wire

DECEMBER 14, 2021

“Automated underwriting for agency [ Fannie Mae and Freddie Mac ] products is definitely much easier because there’s a defined set of scenarios that you have to meet,” says Keith Lind, executive chairman and president of Acra Lending (a non-QM lender formerly known as Citadel Servicing ). And it is growing fast, he added. “We’re

Lending 329

Lending Technology Government Investors 329

Housing Wire

JUNE 26, 2023

Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. Several of MAXEX’s existing investors, including J.P. Terms of the transaction were not disclosed.

Investing 302

Investing Investors Design Mortgage 302

Housing Wire

APRIL 28, 2022

One bright spot in the market, however, has been the investment-property sector, where deal flow appears to be holding up, and even many agency-eligible mortgage loans are finding their way into private label securities (PLS) transactions. in 2021 were bought by institutional investors,” Lind said. “In

Investors 285

Investors Marketing Investing Inventory 285

Housing Wire

MAY 16, 2022

HousingWire recently caught up with Steven Schwalb, managing partner of Angel Oak Lending, about the changes investor appetite has gone though for non-QM. HousingWire: What is the investor appetite for non-QM and how has that changed over the past few years? Do they need a pre-closing investor review? Of that volume, $6.2

Investors 314

Investors Investing Insurance Lending 314

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. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. now known as Rithm Capital.

Construction 414

Construction Development Finance Lending 414

Housing Wire

AUGUST 29, 2022

I’m not really focused on the margins for this quarter,” Ishbia told investors in UWM’s second-quarter earnings call. “It’s It’s an investment for the long term, strategically building the broker channel.” Multibillion dollar investment. For a company that has more than $900 million in cash and $3.2

Investing 433

Investing Loan Officers Retail Mortgage 433

Housing Wire

JUNE 2, 2023

Real estate investment management firm Pretium Partners is acquiring thousands of homes from home construction company D.R. The transaction could also signal investors’ re-entry into the housing market after institutional investors shed properties at the end of 2022 following a drop in housing prices nationwide.

Real Estate 415

Real Estate Investors Investing Housing Market 415

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. Strategies lenders should adopt from direct to consumer lending. Sign up here.

Legal 441

Legal Investors Lending Finance 441

Cleveland Appraisal Blog

AUGUST 25, 2022

How can you capitalize on your first investment property? Whether your first investment property will be a rental or a flip, your goal is to walk away with more money than you put into it. Today, Cleveland Appraisal Blog shares a few tips for first-time investors. You’ve just purchased your first property to renovate.

Investing 332

Investing Renovations Landlords Real Estate 332

Housing Wire

OCTOBER 11, 2022

The funds will be utilized to finance its lending product, CryptoMortgage. Moon Mortgage’s CryptoMortgages will allow investors to take out loans against their digital assets. The product also takes the investors’ digital assets as collateral and gives 100% financing for investment properties.

Mortgage 366

Mortgage Investors Investing Lending 366

Housing Wire

APRIL 30, 2021

New GSE guideline updates to Fannie Mae and Freddie Mac forces them to cap the amount of second home and investor properties delivered at 7%. The FHFA’s announcement that they will be reducing mortgage purchases to 7% of a lender’s pipeline of second home and investment properties has thrown some originators’ volume into disarray.

Investors 429

Investors Investing Retail Lending 429

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

APRIL 23, 2024

Department of Labor (DOL) on Tuesday announced a new rule that governs retirement advice, requiring more financial advisers to follow stricter fiduciary standards when dispensing advice about retirement-focused investments. Taking effect on Sept.

Investing 362

Investing Investors Design Government 362

Housing Wire

JANUARY 24, 2024

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced this week the release of their “Mission Index,” updating or expanding their single-family social bond framework to better communicate the goals of the index to stakeholders and investors. The GSEs issued separate announcements and a joint statement.

Investors 418

Investors Lending Finance Design 418

Housing Wire

MAY 21, 2024

This increased demand is resulting in tighter credit spreads for private label, non-QM RMBS securitizations; increased prices for a broad range of mortgage loans including seconds, home equity agreements, bridge loans, and alternative documentation loans; and strategic transactions between investors and originators.

Insurance 439

Insurance Mortgage Investors Finance 439

Housing Wire

MARCH 17, 2022

During the transactions, Apollo purchased eNote digital mortgage assets, originated by Figure on the Provenance Blockchain and registered on its Digital Asset Registration Technologies (DART) platform, via an investment vehicle it manages on a blockchain-based marketplace.

Technology 463

Technology Valuation Lending Landlords 463

Housing Wire

OCTOBER 13, 2020

End-to-end lending and services platform Finance of America Capital is the latest mortgage company to get in on the mushrooming IPO craze. Its products include traditional mortgages, commercial real estate loans, reverse mortgages , fixed-income investing and title services. billion valuation. billion valuation.

Finance 492

Finance Lending Retail Valuation 492

Housing Wire

JULY 9, 2024

District Court in Detroit, the suit alleges that EasyKnock uses a “deceptive and unfair lending scheme” to “lure homeowners with poor credit, but with significant home equity, into unlawful, usurious loans known as ‘Sell & Stay’ transactions.” EasyKnock was founded in 2016 and is based in New York City. The platform closed a $3.5

Lending 392

Lending Law Investors Advertising 392

Housing Wire

OCTOBER 6, 2020

Purveyors of very complex financial instruments, sold to risk-averse investors under the careful oversight of government regulators, have given us a process that must conform to investor and regulatory compliance requirements. Lending technology out of focus. We have fared much better on the automation side.

Technology 474

Technology Mortgage Investors Investing 474

Housing Wire

JUNE 30, 2022

FGMC, controlled by global investment management firm PIMCO, said it had “significant operating losses and cash flow challenges due to unforeseen historical adverse market conditions for the mortgage lending industry, including unanticipated market volatility.”.

Lending 545

Lending Finance Mortgage Investors 545