Housing Wire

JANUARY 11, 2022

Fannie Mae opened 2022 with its 45 th credit-risk transfer (CRT) deal through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC, bringing the collective value of notes issued through the conduit to nearly $52 billion since the first offering in 2013. trillion. . In October, the agency made a $1.2

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Investors Valuation Government Mortgage 331

Housing Wire

FEBRUARY 3, 2022

Through Freddie Mac’s STACR CRT transactions, private investors participate with the agency in sharing a portion of the mortgage credit risk in the reference loan pools retained by the GSE. Freddie Mac’s CRT program was founded with its issuance of the first STACR notes in July 2013. It was introduced in November 2013.

Insurance 329

Insurance Investors Government Mortgage 329

Housing Wire

JUNE 1, 2021

A group of GSE investors alleged that the government knew the GSEs would turn a huge profit after a $100 billion bailout from the Treasury in 2008. The arrangement greatly diminished private investors’ ownership interests in the GSEs. Investors cried foul and filed suit in 2013. “By

Investors 470

Investors Investing Government Finance 470

Housing Wire

FEBRUARY 9, 2021

McClelland was named Chief Operating Officer in 2013 and Vice President in 2018. He also serves as an investor and advisor to many technology companies including Brytecore, OpCity, Etorch, MoveGuru, MyPlanit, Konverse, Zavvie and others. McClelland joined Metro Brokers in April of 2008 as the Director of Strategic Growth.

Real Estate 365

Real Estate Technology Realtors Investors 365

Housing Wire

AUGUST 21, 2023

487 LiveEasy 1,204% 2013 Real estate software company changing the way people manage their move and their homes. 533 ReBuilt 1,096% 2015 Vertically integrated marketplace helping homeowners sell their unwanted property and real estate investors find great off-market deals. Other established names to make the Inc.

Real Estate 345

Real Estate Real Estate Agent Technology Investors 345

Housing Wire

MARCH 8, 2024

This is the fewest number of new listings for the first week in March recorded in Altos’ data, which dates back to 2013. While buyers are facing inventory and interest rate challenges, agents say they are also facing competition from investors and the all-cash offers they are capable of making. “I

Housing Market 386

Housing Market Buyers Agents Marketing 386

Housing Wire

JULY 14, 2022

Non-QM lender Kiavi , which specializes in fix-and-flip and investor loans, has laid off 39 employees, sources told HousingWire on Thursday. Because we are in the hard money space, we don’t have a lot of investors willing to buy our assets because of the rate hikes, is what our CEO told us.”.

Human Resources 363

Human Resources Construction Legal Investors 363

Housing Wire

DECEMBER 2, 2021

The recent offering, CAS Series 2021-R02, was slated to close this week and involves transferring loan-portfolio risk to private investors via a $984 million note offering backed by a reference pool of some 125,000 single-family mortgage loans valued at $35 billion. Fannie plans to bring one more CRT note offering to market this year.

Investors 332

Investors Finance Development Mortgage 332

Housing Wire

JUNE 28, 2022

The transaction is estimated to provide capital to support approximately $750 million in loan originations over the life of the deal and will help real estate investors revitalize aged homes across the country,” Ki avi said in announcing the deal. homes are over 30 years old.” billion, according to IMF.

Investors 267

Investors Real Estate Finance Lending 267

Housing Wire

AUGUST 31, 2022

Via Freddie Mac’s S TACR transactions, private investors participate with the agency in sharing a portion of the mortgage credit risk in the reference loan pools retained by the agency. As of the end of the second quarter of this year, 59% of the agency’s single-family mortgage portfolio was covered by some form of credit enhancement.

Insurance 370

Insurance Investors Mortgage Design 370

Housing Wire

APRIL 9, 2021

Better is expected to go public later this year and SoftBank is purchasing shares from Better’s existing investors, sources told the Wall Street Journal. The fund has seen Compass recently go public to muted investor interest and Housing.com exit to PropTiger , another one of its proptech investments.

Investing 364

Investing Investors Mortgage Marketing 364

Housing Wire

FEBRUARY 1, 2022

The recent offering , CAS Series 2022-R02, involves transferring loan-portfolio risk to private investors via a $1.2 Through a CRT transaction, private investors participate with government-sponsored enterprise (GSE) Fannie Mae in sharing a portion of the mortgage credit risk in the reference loan pools retained by the GSE.

Investors 342

Investors Mortgage Government Real Estate 342

Housing Wire

JUNE 7, 2022

The two GSEs, or agencies, buy loans from lenders, pool them and issue mortgage-backed securities that are sold to investors and guaranteed for a fee by Fannie and Freddie. Since inception in 2013 to date, Fannie Mae has transferred risk from reference loan pools valued at nearly $2.8 trillion. “To

Insurance 345

Insurance Investors Mortgage Tools 345

Housing Wire

MARCH 26, 2024

Hill, a former KW agent from 2002 to 2013, filed a similar complaint in the U.S. these funds continue to enrich only affiliated real estate agents, investors, brokers, and staff.” On March 25, Robert E. District Court of Kansas in Kansas City. This change will not affect agents that retire or leave the real estate brokerage business.

Brokerage 487

Brokerage Legal Agents Realty 487

Housing Wire

FEBRUARY 9, 2023

Northpointe became an approved seller and servicer for Freddie Mac in 2013, Fannie Mae in 2014 and Ginnie Mae in 2016. With a national servicing footprint, the bank sells most of its mortgage servicing rights production on a flow basis to third-party investors with whom Northpointe negotiated sub-servicing agreements.

Lending 347

Lending Business Retail Client Relationships 347

Housing Wire

JUNE 7, 2022

Through the STACR note offerings, private investors participate with Freddie Mac in sharing a portion of the mortgage credit risk in the reference loan pools retained by the agency. Freddie earlier this year announced that it expects issuance volume of at least $25 billion in 2022 for its CRT program, including STACR and ACIS transactions.

Investors 319

Investors Insurance Mortgage Marketing 319

Housing Wire

SEPTEMBER 16, 2022

Since the initial SFR securitization in 2013 through August of this year, according to a separate KBRA market-sector report, 16 sponsors have undertaken 113 SFR securitizations involving notes with a total principal balance of $69.6 The securitization, IH 2013-SFR1, was collateralized by a single $479.1 billion. “The

Landlords 372

Landlords Marketing Development Investing 372

Housing Wire

MAY 26, 2021

After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.

Insurance 272

Insurance Investors Design Finance 272

Housing Wire

FEBRUARY 2, 2022

Thornton founded Real Genius in 2012 as ConsumerDirect Mortgage, and the company was acquired by FirstBank in 2013. In its most recent quarterly earnings statement, the company told investors that it made $136 million in income from mortgage banking during the first nine months of 2021, which was down 28% from the same period a year prior.

Mortgage 282

Mortgage Technology Lending Modernization 282

Housing Wire

JUNE 2, 2021

This was just one month after Volly announced an $11 million Series B growth equity round led by Camden Partners and backed by existing investor, New Capital Partners. Jason Tagler, General Partner and Managing Member of Camden Partners, joined the Volly board as part of this investment.

Mortgage 322

Mortgage Real Estate Technology Clients 322

Housing Wire

MARCH 21, 2022

Private investors, through a credit-risk transfer (CRT) transaction, participate with government-sponsored enterprise (GSE) Fannie Mae in sharing a portion of the mortgage credit risk in the reference loan pools retained by the GSE. trillion in single-family mortgage loans, measured at the time of the transaction.

Investors 347

Investors Insurance Valuation Mortgage 347

Housing Wire

APRIL 8, 2022

Through Freddie Mac’s STACR transactions, private investors participate with the agency in sharing a portion of the mortgage credit risk in the reference loan pools retained by the agency. Since the first CRT transaction in 2013, Freddie Mac’s single-family CRT program has cumulatively transferred approximately $85.3

Valuation 325

Valuation Investors Mortgage Insurance 325

Housing Wire

SEPTEMBER 28, 2023

From 2007 through mid-2013, approximately 5.5 What’s really changed since 2013? This is a direct reaction to the surge of single family home purchases by investors seeking to subsequently rent those properties. Yet, we’re going to soon find out who’s heeding the lessons taught by the last foreclosure wave.

Legal 405

Legal Training Real Estate Business 405

Housing Wire

JUNE 15, 2022

In 2013-2014, when rates jumped very fast, this index trended down by negative 20% year over year to hit an adjusted population all-time low in 2014. She makes a three-minute case — which has gotten a lot of views — on investors taking all the inventory! Some historical context with previous rate increase moves in this data line.

Inventory 331

Inventory Investors Retail Housing Market 331

Housing Wire

JANUARY 11, 2024

He has been an RPAC major investor since 2004 and has twice been inducted into NAR’s RPAC Hall of Fame. In addition to serving his local and state Realtor organizations, Sears has served NAR in multiple roles over the years.

Realtors 350

Realtors Real Estate Legal Law 350

Housing Wire

OCTOBER 12, 2020

YC Continuity led the latest round, with participation from all existing investors, including Sequoia Capital , F-Prime Capital and Founders Fund , as well as new investors Lachy Groom and DocuSign. “In Snapdocs’s $60 million funding round comes less than a year after it raised $25 million in a Series B.

Business 402

Business Technology Real Estate Investors 402

Housing Wire

MAY 15, 2023

When broken down by investor type, 38% of U.S. According to the researchers, the 2020-2021 refi boom differed from the refi booms in 2003 and 2013 for three reasons: Interest rates were historically low; home equity was at an all-time high leading to the pandemic; and the rebound in rates was historically steep.

Mortgage 312

Mortgage Investors Marketing 312

Housing Wire

FEBRUARY 8, 2024

Mortgage servicing rights (MSR) became a target in 2013, and by 2020, the company had chosen to focus on agency MSR and agency MBS. (The latter division was subsequently spun off into a REIT).

Business 304

Business Investing Real Estate Advertising 304

Housing Wire

APRIL 22, 2024

Targeting investors and tailoring your real estate prospecting letters to their needs and is very smart. If you have them, I would also include an insert with any testimonials you have from investor clients. I work with many investors and want to introduce myself as a resource to you. Please share it in the comments!

Real Estate 329

Real Estate Open Houses Brokerage Real Estate Agent 329

Housing Wire

AUGUST 17, 2022

When you grow quickly and organically without outside investor capital, it is a challenge to ensure the profits follow. HW: Since founding Griffin Funding in 2013, the housing market has seen astounding changes. That isn’t an easy feat. It validates that we are doing something right. The list can be a blessing and a curse.

Mortgage 376

Mortgage Business Investors Marketing 376

Housing Wire

JANUARY 13, 2021

Perret said Plaid will continue to collaborate with Visa as a strategic investor and partner. Since its founding in 2013, Plaid has collected $309.3 Zach Perret, co-founder and CEO of San Francisco-based Plaid, said the merger of his fintech company with payments giant Visa “would have been a great combination.” million in funding.

Investors 306

Investors Legal Valuation Finance 306

Housing Wire

FEBRUARY 7, 2022

Instead, investors bought the run-down properties in bulk sales. Wells Fargo settled with NFHA over similar claims in 2013, for $39 million. During a four-year investigation, plaintiffs collected 49,000 photographs of poorly maintained properties in Black and Latino communities.

Inspection 365

Inspection Design Government Real Estate 365

Housing Wire

JUNE 23, 2021

Musalem is chief executive officer, co-chief investment officer, and a founder of Evince Asset Management LP , a company developing portfolio technologies for investors and managing a quantitative global fund. He previously served as an economist at the International Monetary Fund from 1996 to 2000.

Finance 234

Finance Investing Government Lending 234

Housing Wire

SEPTEMBER 8, 2020

Adopting a “poison pill” strategy, Corelogic approved a shareholder-rights plan that prevents investors from acquiring 10% or more of the company’s common stock, or 20% in the case of certain passive investors. The vote on Nov.

Investing 280

Investing Investors Government Insurance 280

Housing Wire

APRIL 20, 2022

In 2013-2014, rates rose, and you see the lower trend in sales back then. When rates rose in the middle of 2013, we saw a clear downtrend in purchase application data, and in 2014 we saw a 20% year-over-year decline trend. Housing demand has been stable for the past few years; we have never had a credit boom in demand since 2002-2005.

Housing Market 476

Housing Market Marketing Inventory Mortgage 476

Housing Wire

MAY 3, 2022

The Agency , a Beverly Hills-based brokerage that has been around since 2011, announced Tuesday that it has bought Triplemint , a Manhattan shop started in 2013 by Yale college classmates David Walker and Phillip Lang. The courtship is over. But it was an all-equity transaction, The Agency said in announcing the deal.

Brokerage 319

Brokerage Agents Law Business 319

Housing Wire

APRIL 1, 2021

Investors initially paid $21.15-a-share Compass has consistently lost money, posting a $270 million net income loss in 2020 and over $1 billion since its inception in 2013. Residential brokerage Compass is now a publicly traded company, with shares trading at $20.15 at close of the New York Stock Exchange on Thursday.

Brokerage 289

Brokerage Market Value Real Estate Agents 289