Housing Wire

OCTOBER 13, 2021

Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said. billion in loan volume between June 2020 and June 2021. The holding company will invest in finance, insurance, and real estate businesses.

Mortgage 282

Mortgage Investors Investing Technology 282

Housing Wire

FEBRUARY 10, 2022

The company’s total revenue for 2021 was up 30% from 2020 to a record of $9.2 Despite this increase, First American’s newly appointed CEO , Ken DeGiorgio, said on an earnings call with investors that everyone at the company is proud of these achievements. billion, with $2.4 billion earned during the fourth quarter.

Insurance 343

Insurance Investing Inventory Business 343

Housing Wire

APRIL 29, 2021

Despite 2020’s pause in originations and securitizations, the 2021 outlook for non-QM lending is promising. Even with 2020’s liquidity problems and subsequent pause, the non-QM sector closed out the year strong, with $18.9 billion in total securitizations – only a 33% decrease from its 2019 high.

Lending 314

Lending Investors Insurance Marketing 314

Housing Wire

JULY 6, 2021

The company also stepped in to the title insurance realm in March after Blend announced it was expanding its cloud-based platform thanks to the acquisition of Title365 from the Mr. Cooper Group. But Mayopoulos has also stated that virtually “every aspect of mortgage lending can be improved through digitization.”. million and $96.0

Technology 369

Technology Mortgage Valuation Insurance 369

Housing Wire

NOVEMBER 28, 2022

In fact, former FHFA Director Mark Calabria spoke of this in early 2020 stating, “Instead of focusing on specific entities, FSOC will shift to an activities-based approach, looking instead to the overall threats to financial stability. This is a real risk but far more limited in the QM lending world of today.

Lending 317

Lending Mortgage Insurance Investors 317

Housing Wire

APRIL 14, 2021

McEnerney was a managing director at Deutsche Bank for 14 years before Freedom Mortgage brought him on in August 2020 as executive vice president. Before joining Flagstar Bank, he was president of Prime Lending , where he grew the bank’s retail division from $2 billion to $15 billion in annual volume.

Retail 261

Retail Investors Mortgage Insurance 261

Housing Wire

APRIL 26, 2023

Since the pandemic began, the FHFA has enabled lenders to complete more than 1 million payment deferrals, with roughly one-third of all homeowners exiting forbearance via payment deferrals since 2020. million homeowners with COVID-19 pandemic forbearance programs since March 2020.

Insurance 298

Insurance Mortgage Government Investors 298

Housing Wire

AUGUST 8, 2023

In the secondary market, these jumbo loans are sold to other investors, such as real estate investment trusts, hedge funds and insurance companies. a market with high-income homebuyers that has experienced soaring home prices since 2020. Targeting jumbos made sense for Busch as he is based in Washington, D.C., from June 2022.

Insurance 315

Insurance Mortgage Clients Lending 315

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 276

Insurance Investors Design Finance 276

Housing Wire

NOVEMBER 10, 2021

Opendoor has lost money every quarter since becoming a publicly traded company in late 2020. That compares to a $199 million in the first nine months of 2020, a period when operations were partially paused amid the coronavirus pandemic. The business’s losses total $421 million in the first nine months of 2021.

Housing Market 285

Housing Market Market Value Insurance Lending 285

Housing Wire

JULY 27, 2021

Entering 2020 the market was expecting <$2.0 trillion in origination volume and a continuation of tight lending spreads. Then, by late Q1/early Q2 2021, pricing wars were erupting in various channels, margins were falling (rapidly), and the industry was getting ready for a decrease in lending activity in the back half of the year.

Mortgage 382

Mortgage Technology Lending Clients 382

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. And HUD can bring lawsuits claiming bias in mortgage lending. The law also required banks to lend within their communities.

Lending 350

Lending Government Law Mortgage 350

Housing Wire

MARCH 16, 2022

As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. Formerly known as Arcus Lending , InstaMortgage originated about $800 million in volume last year and All Cal notched about $300 million in origination volume in 2021.

Retail 351

Retail Loan Officers Brokerage Technology 351

Housing Wire

FEBRUARY 3, 2022

Investors have largely shunned nonbank mortgage stocks, and analysts believe the hard times are still ahead. In an earnings call with investors, CEO Anthony Hsieh said loanDepot was “fishing from a lot more pond” than its biggest competitors – more diversified in its channel mix, able to generate tens of millions of top-of-funnel leads.

Mortgage 361

Mortgage Retail Finance Investors 361

Simonson Real Estate

JANUARY 23, 2020

I attended the 2020 Minneapolis/St. Paul Commercial Real Estate Valuation and Appraisal Forecast Summit held at the Golden Valley Country Club on Friday, January 17, 2020. This article shares the best insights and trends from 2019 and expectations into 2020. 2 general investor trends – Large investment firms are growing in size.

Real Estate 78

Real Estate Tenants Retail Valuation 78

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. The company went from a $500 million profit and 11,000 employees in 2020 to only 950 employees by June 2023.

Realtors 350

Realtors Technology Insurance Mortgage 350

Housing Wire

AUGUST 25, 2022

The obvious starting place for nonbank lenders looking to capture volume is in jumbo lending, executives and analysts said. Homepoint told HousingWire in March that it was considering including bank statement and investor cash flow loans in its portfolio. ” Just a little less vanilla. and Sprout Mortgage.

Mortgage 384

Mortgage Loan Officers Finance Investors 384

Housing Wire

AUGUST 12, 2020

This article was written for FinLedger, HW Media’s new fintech-focused news brand designed specifically for financial services professionals in banking, insurance and real estate. Virtually every aspect of mortgage lending can be improved through digitization,” Mayopoulos added. Stay tuned for updates.

Investing 485

Investing Loan Officers Technology Development 485

Housing Wire

FEBRUARY 8, 2022

Servicers, lenders and investors dealt with a tsunami of 7.7 Goldstone, who is president of Capital Markets & Lending at BSI Financial Services , estimates that between 20% to 25% of borrowers in BSI’s servicing portfolio have been non-communicative, he told HousingWire. of the U.S. population. An army of door-knockers.

Law 339

Law Mortgage Legal Finance 339

Housing Wire

JUNE 27, 2022

Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms. Only 20% reported year-over-year traffic growth, the lowest level since April 2020, at the start of the pandemic. I don’t think it’s a win for anyone on the lending side.

Housing Market 400

Housing Market Marketing Brokerage Real Estate 400

Housing Wire

JUNE 8, 2022

With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and 2021, hired more staff and ramped up investment in technology to close loans faster. Blend has attracted a bevy of investors who were impressed by its market position. million in the first quarter of 2022.

Mortgage 330

Mortgage Technology Loan Officers Investing 330

Housing Wire

FEBRUARY 15, 2022

The SEC report offers a portrait of the regulatory process ongoing behind the scenes in the rating-agency world, which is a key to maintaining transparency for investors and issuers across a range of markets. The large NRSROs, according to the SEC report, are Fitch Ratings , Moody’s Investor Service and S&P Global Ratings.

Law 316

Law Mortgage Marketing Design 316

Housing Wire

MARCH 28, 2022

In March 2020 all of that changed. Now, after two years of drinking from a firehose, mortgage lenders must pivot once again to succeed in the vastly different lending landscape that lies ahead. You are suited, showered and seated behind a desk in a bustling office. trillion in U.S. trillion in U.S. trillion in 2021 to $2.6

Marketing 342

Marketing Real Estate Agent Business Transportation 342

Simonson Real Estate

APRIL 26, 2021

For example, when a build-to-suit Dollar General store in small-town Minnesota is the subject of a valuation assignment, it is evident an overview of the National Net Lease markets is applicable as the buyer pool includes regional and national investors. At the top line, fiscal 2020 net sales jumped 21.6% billion from $27.75

Marketing 78

Marketing Tenants Real Estate Valuation 78

Housing Wire

DECEMBER 20, 2021

In July 2020, he lost his job as an editor at a consulting firm for spa professionals. In September 2020, he landed a job as a service advisor assistant for an auto repair shop. in April 2020, according to the U.S. States, overwhelmed with claims and understaffed, also had problems paying unemployment insurance.

Mortgage 317

Mortgage Government Contracts Insurance 317

Housing Wire

APRIL 27, 2023

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.

Renovations 276

Renovations Investing Real Estate Marketing 276

Housing Wire

DECEMBER 7, 2020

While there is some overlap with state agency data, FHA mortgage lending has become increasingly reliant on DPA as well. In fiscal year 2020, about 40% of all FHA purchase loans carried some form of down payment assistance, helping more than 325,000 families. of the average home price. Instead of letting the fee expire on Oct.

Law 481

Law Government Finance Mortgage 481

Housing Wire

MARCH 3, 2022

Morty also recently raised a $25 million Series B from leading investors March Capital , Rethink Impact , Thrive Capital , Prudence and Lerer Hippeau. You saw all that happen in 2020, and now mortgages is feeling that as well. We believe that’s a trend that doesn’t go backwards, so we’ll just continue.

Mortgage 287

Mortgage Technology Real Estate Investing 287

Will Springer Realtor

DECEMBER 19, 2023

Economists and investors have been upbeat about how the employment picture has remained mostly resilient in the wake of economic headwinds. It increased the Fed funds rate 11 times between March 2022 and July 2023, essentially from 0.25% to 5.25%, on the interest that banks lend to each other. Is the market getting ahead of itself?

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

JULY 13, 2023

“You are not going to get people to come back into the office to the same degree as they did before 2020. Moody’s Investors Service noted that banks hold approximately half of the $6T in commercial real estate debt, with the largest share maturing within the next three years, according to Reuters. The city was No.

Construction 36

Construction Supply Chain Real Estate Development 36