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% during the same period, which Redfin attributed to elevated mortgage rates and home prices. Although the U.S. In comparison, total U.S. home purchases fell 1.9%

Investors 466

Investors Tenants Real Estate Property Taxes 466

Housing Wire

JULY 9, 2024

Over a quarter (26%) of retired investors continue to pay off their mortgage, and precisely one-quarter of the cohort are continuing to pay down credit card debt, according to a new survey from the Nationwide Retirement Institute. But such investors are also taking further action to shore up their retirement stability.

Investors 405

Investors Mortgage Clients Development 405

Housing Wire

JULY 17, 2024

Real estate investor sentiment rose 16% from the prior quarter and 60% of surveyed investors view the current housing market more favorably than a year ago. But there was a noteworthy divide between short-term fix-and-flip investors and long-term buy-and-hold investors when it came to market sentiment and outlook.

Real Estate 467

Real Estate Investors Insurance Investing 467

Housing Wire

SEPTEMBER 25, 2024

Meanwhile, sellers who locked in a record-low mortgage rate of 3% or less during the pandemic have been reluctant to sell, limiting supply further and leaving fewer options for would-be buyers. This is an interesting statistic to watch because foreign investors face different barriers to buying than their domestic counterparts.

Investors 443

Investors Construction Real Estate Inventory 443

Appraisal Buzz

JULY 12, 2024

Over the past few years, investors have reduced their homebuying activity, but their activity has continued to outpace the market as a whole. Consequently, even though investors are buying fewer homes, their percentage has increased—according to a new Realtor.com study. Investor participation in home purchases decreased from 13.8%

Investors 370

Investors Inventory Buyers Marketing 370

Housing Wire

AUGUST 7, 2024

Single-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as mortgage rates cool and home-price growth subsides. Investors should base their purchasing decisions on realistic expectations.“

Investors 455

Investors Real Estate Insurance Landlords 455

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 422

Investors Inventory Government Construction 422

Housing Wire

FEBRUARY 14, 2024

Real estate investors purchased 26.1% By comparison, investors purchased 13.6% By comparison, investors purchased 13.6% As mortgage rates and home prices have remained elevated across the board, investors have mirrored consumer homebuyers and have shifted their focus toward more affordable homes. a year earlier).

Real Estate 520

Real Estate Investors Real Estate Agent Market Value 520

Appraisal Buzz

AUGUST 5, 2024

Consolidated Analytics (CA), a provider of comprehensive mortgage services and data analytics, has acquired the assets of Investor Claim Solutions (ICS), specializing in investor claims solutions and loss analysis recovery, for an undisclosed sum.

Investors 195

Investors Clients Technology Mortgage 195

Housing Wire

SEPTEMBER 21, 2023

Rates and Residential Mortgage-Backed Securities (RMBS) Conference in Tokyo, Japan , addressing Ginnie Mae mortgage-backed securities (MBS) potential value for investors and the company’s recently expanded social impact and sustainability work. “As Since its founding 55 years ago, Ginnie Mae has been a social impact company.

Investors 430

Investors Investing Tools Government 430

Appraisal Buzz

AUGUST 19, 2024

Consolidated Analytics CEO Arvin Wijay Consolidated Analytics (CA) , a Santa Ana, California-based provider of comprehensive mortgage services and data analytics, has announced the acquisition of the assets of Investor Claim Solutions (ICS), a firm specializing in investor claims solutions and loss analysis recovery.

Investors 195

Investors Clients Valuation Real Estate 195

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.” Non-QM mortgages include loans that cannot command a government, or “agency,” stamp through Fannie Mae or Freddie Mac. And future rate cuts mean less return [for investors].

Investors 437

Investors Government Mortgage Investing 437

Housing Wire

MARCH 26, 2024

Still, despite the gloomy news of late for SFR and fix-and-flip investors, some industry experts see better fortunes ahead in 2024 for both sectors. “We In recent congressional testimony , Mortgage Bankers Association (MBA) chief economist Mike Fratantoni pointed out that the housing market is now extremely supply challenged.

Investors 482

Investors Marketing Inventory Real Estate 482

Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. Moreover, the prolonged high-interest-rate environment is leading to lower refinancing rates, which extends the duration of cash flows that investors can expect from these assets.

Insurance 483

Insurance Mortgage Investors Finance 483

Housing Wire

JULY 11, 2024

Rocktop — a software-as-a-service (SaaS) company that works to improve yields for institutional investors , asset managers and other participants in the fixed-income and mortgage markets — has now placed more than $60 billion in unpaid principal balance (UPB) on its data management platform. billion in UPB. “The

Mortgage 432

Mortgage Investors Technology Clients 432

Appraisal Buzz

NOVEMBER 18, 2024

E-closing technology is a game-changer for mortgage lenders in optimizing their secondary market strategies, a research report from Snapdocs shows. This research also validated that lenders see a portfolio benefit of $115–$2832 per loan when digital closings are adopted at scale.

Technology 349

Technology Mortgage Investors Investing 349

Housing Wire

JULY 26, 2023

United Wholesale Mortgage (UWM), the country’s largest wholesale lender, expanded its debt service coverage ratio (DSCR) loan options to four after launching its first product in March. With the expanded options, investors could get loans starting as little as $50,000 and up to $2 million. UWM originated $38.8

Real Estate 370

Real Estate Investors Design Buyers 370

Housing Wire

MARCH 3, 2022

Finance of America Companies on Wednesday told investors that it managed to increase in originations in 2021, but a more competitive landscape reduced margins and, consequently, the company’s net income. In the fourth quarter, however, mortgage originations declined 22% compared to Q4 2020 and 7% in comparison to the Q3 2021, to $6.89

Finance 396

Finance Investors Mortgage Home Improvement 396

Housing Wire

NOVEMBER 1, 2024

Investors, meanwhile, are leveraging the option to expand their property portfolios. “We We have a wide, diversified investor set, and there’s a ton of appetite from investors for those products. There’s more demand than supply,” he added. In terms of product set, he sees more lenders jumping into the non-QM space.

Mortgage 369

Mortgage Investors Renovations Valuation 369

Appraisal Buzz

AUGUST 13, 2024

The CFPB has found that investors are targeting people of faith with predatory mortgage products that set the borrower up to fail,” said CFPB Director Rohit Chopra. The information that is currently available indicates that deed contracts fail far more frequently than conventional mortgage loans.

Contracts 367

Contracts Investors Sellers Lending 367

Appraisal Buzz

JULY 31, 2024

a360inc , a technology solutions provider to law firms, title agencies, mortgage lenders and investors, has acquired ProVest , a market-leading service of process and litigation information services provider to the creditors’ rights legal industry. The post a360inc’s Investor Group Acquires ProVest appeared first on MortgageOrb.

Investors 195

Investors Legal Law Technology 195

Housing Wire

SEPTEMBER 26, 2023

Cooper was completed in August, Home Point Capital agreed to settle for $5 million a class action lawsuit filed in 2021 by investors claiming the company made false and misleading statements related to its initial public offering (IPO). and its top executives, including former CEO Willian Newman and former CFO Mark Elbaum.

Investors 412

Investors Lending Law Business 412

Housing Wire

MARCH 20, 2024

The opposite trajectories of their stock prices seem to reflect investor appetites for their different business models. Last December, Zillow netted 105 million unique visitors, according to Comscore data cited in Zillow’s investor materials. Zillow For years, Zillow has dominated online home listings.

Investors 472

Investors Agents Real Estate Buyers 472

Housing Wire

JUNE 10, 2022

The Federal Reserve ’s (Fed) efforts to beat back inflation with its monetary tools have already shifted the winds in the secondary market for mortgage-backed securities (MBS). trillion MBS portfolio helps fuel widening interest-rate spreads in the MBS market by creating additional MBS supply to be absorbed by investors.

Investors 501

Investors Government Buyers Mortgage 501

Appraisal Buzz

NOVEMBER 19, 2024

The Mortgage Bankers Association ’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased to 0.47% as of October 31, 2024. Mortgage servicers have provided forbearance to approximately 8.4 The post Share of Mortgage Loans in Forbearance Jumps first appeared on The MortgagePoint.

Mortgage 367

Mortgage Investors Appraisal Marketing 367

Housing Wire

MARCH 16, 2021

HousingWire recently sat down with Scott Happ, president of Secondary Marketing Technologies for Black Knight, to discuss the impact this has on mortgage originators and investors. The combination of a rise in inflationary expectations and higher real rates of return has caused mortgage rates to increase by about 0.5%

Investors 417

Investors Marketing Mortgage Technology 417

Housing Wire

SEPTEMBER 9, 2024

The mortgage industry has complained loudly and often that government regulation and investor requirements are contributing to spiraling costs that get passed on to consumers. “They can add up to several percentage points of the total mortgage amount. . At least when it comes to redundancies with refinancings, that is.

Mortgage 474

Mortgage Law Technology Investors 474

Housing Wire

NOVEMBER 4, 2024

With mortgage rates back into the 7% range and several consecutive weeks of reduced demand , Rocket Mortgage is making what appears to be a volume play. The announcement comes shortly after United Wholesale Mortgage (UWM) extended its Refi75 incentive through Nov. Rocket’s new offering debuts roughly one a week ahead of its Nov.

Mortgage 361

Mortgage Advertising Training Marketing 361

Housing Wire

MARCH 23, 2022

United Wholesale Mortgage ( UWM ), the nation’s largest wholesale lender, announced on Wednesday a new product that will qualify borrowers for investment properties based on the monthly rental income, rather than the their current income. The new product targets real estate investors, a group that represented 16.4%

Real Estate 397

Real Estate Investors Investing Finance 397

Appraisal Buzz

FEBRUARY 28, 2022

Funds managed by CarVal Investors , a global alternative investment manager, have established Mill City Loans , a mortgage conduit with a focus on building lasting relationships with originator partners in the acquisition of residential mortgage assets across multiple strategies. where he served as general counsel.

Investors 222

Investors Mortgage Investing Appraisal 222

Housing Wire

OCTOBER 22, 2024

To help overcome these obstacles, Sagent has created its Dara Loss Mitigation platform as a solution that modernizes how homeowners and mortgage servicers address financial hardship. Streamlining regulatory compliance Dara offers a solution to the compliance challenge in an industry overseen by evolving regulations.

Mortgage 427

Mortgage Modernization Technology Design 427

Housing Wire

AUGUST 10, 2022

Securities and Exchange Commission (SEC) alleging that the company misled investors about the delinquency rates in a 2018 private-label securitization involving fix-and-flip loans. The post SEC claims Angel Oak Capital Advisors deceived investors appeared first on HousingWire. has agreed to pay $1.75

Investors 391

Investors Renovations Investing Mortgage 391

Housing Wire

MAY 19, 2021

After three straight quarters of declines, home purchases by investors rose 2.7% Looking to take advantage of the hot housing market and a soaring stock market, investors bought about 1 of every 7 U.S. Looking to take advantage of the hot housing market and a soaring stock market, investors bought about 1 of every 7 U.S.

Investors 542

Investors Marketing Housing Market Mortgage 542

Housing Wire

APRIL 10, 2024

The company also provides commentary for its fourth quarter 2023 financial performance, assesses its market advantages and offers an assessment of impacts stemming from changes in Ginnie Mae ’s Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program.

Business 444

Business Investors Finance Home Improvement 444

Housing Wire

OCTOBER 31, 2024

In the halls of the Colorado Convention Center on Monday, it was hard not to overhear mortgage bankers gnashing their teeth over the rumored price hikes for Fair Isaac Corp (FICO) scores. per score to all mortgage lenders, independent of their volume. “It’s an abuse of power, a complete monopoly.” What will it cost?

Mortgage 458

Mortgage Business Lending Investors 458

Housing Wire

SEPTEMBER 30, 2021

In today’s chaotic market, mortgage companies need to streamline the mortgage process so they can originate more loans. Encompass by ICE Mortgage Technology offers a truly differentiated digital platform that provides straight-through processing for a comprehensive end-to-end workflow.

Technology 398

Technology Investors Mortgage Lending 398

Housing Wire

JANUARY 26, 2022

Philadelphia-based private equity firm LLR Partners announced Tuesday its investment in Sales Boomerang and Mortgage Coach , two fintechs focused on attracting and retaining mortgage borrowers and making loan originators more efficient. The post Mortgage Coach and Sales Boomerang snag new investor appeared first on HousingWire.

Investors 351

Investors Mortgage Investing Loan Officers 351