Housing Wire

MAY 27, 2022

In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”. The CFPB has raised concerns in the past that algorithmic models perpetuate discriminatory mortgage lending practices.

Law 410

Law Legal Valuation Government 410

Appraisal Buzz

NOVEMBER 3, 2021

Joan Trice, Founder and President of the CRN states, “gross living area (GLA) is one of the most important inputs in a valuation report. ANSI Z265-2021 has been developed by experts working at and in conjunction with the NAHB. Lender and investor overlays. Valuation professional application samples of unique properties.

Valuation 370

Valuation Development Technology Appraisal 370

Housing Wire

MARCH 15, 2021

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. How hybrid title and valuations help increase lending efficiency.

Insurance 357

Insurance Lending Real Estate Agent Valuation 357

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. The lender and servicer, owned by the Blackstone Group’s Tactical Opportunities business, is slated to go public in the first half of 2021 through a special purpose acquisition company at a $1.9

Finance 468

Finance Lending Retail Investing 468

Housing Wire

SEPTEMBER 24, 2021

The company says it will use the funding to “aggressively” build new products for mortgage lending and banking industries, expand its US operations and scale its staff with a focus on machine learning and data science teams. Ocrolus has onboarded over 75 corporate team members in 2021 and plans to hire even faster in 2022.

Technology 269

Technology Valuation Lending Investors 269

Housing Wire

JULY 29, 2021

Mortgage rates have rarely exceeded 3% this year, despite predictions that 2021 would bring a return to higher levels. Economists and investors are closely monitoring any indication from the Federal Reserve that it may begin tapering of mortgage backed securities and bond purchases. Presented by: Black Knight.

Mortgage 413

Mortgage Valuation Investors Housing Market 413

Housing Wire

SEPTEMBER 10, 2021

Orchard , which operates a home-buying and selling platform, announced it has raised $100 million in Series D funding at over a $1 billion valuation. Accomplice led the round with participation from repeat Orchard investors FirstMark , Revolution Growth , First American , Juxtapose and a syndicate of new investors.

Lending 354

Lending Insurance Investors Real Estate 354

Housing Wire

AUGUST 5, 2021

The 30-year fixed-rate mortgage dipped back to where it stood at the beginning of 2021, and the 15-year fixed remained at its historic low. Mortgage rates have stayed stubbornly low, barely exceeding 3%, defying predictions that 2021 would bring a return to higher levels. Presented by: Black Knight.

Mortgage 523

Mortgage Valuation Housing Market Renovations 523

Housing Wire

NOVEMBER 18, 2022

Overall, these companies reported a net loss of $624 on each loan they originated from July to September, much worse than the $82 loss in the second quarter and the $2,594 gain in Q3 2021, according to the Mortgage Bankers Association (MBA). Presented by: Acra Lending. How are higher mortgage rates affecting servicing?

Lending 342

Lending Mortgage Valuation Business 342

Housing Wire

JUNE 2, 2022

The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? In 2021, S&P Global estimated non-QM volume reached $28.6 It’s not subprime lending.

Lending 332

Lending Investors Mortgage Clients 332

Housing Wire

DECEMBER 2, 2020

Blackstone Group -controlled Finance of America posted record margins and originations in the third quarter , ahead of its public offering via a blank check company in 2021. billion of it coming through its forward-lending arm. billion valuation. The company funded $9.17 billion in the third quarter, with about $8.5

Finance 215

Finance Lending Retail Business 215

Housing Wire

FEBRUARY 14, 2024

The rapid collapse of four regional banks that began last March shocked regulators and investors alike. Investors were shocked by NYCB’s $252 million net loss in the fourth quarter and outraged that the bank slashed its dividend from 17 cents a share to 5 cents a share. By the end of Feb.

Mortgage 363

Mortgage Real Estate Insurance Tenants 363

Housing Wire

JANUARY 22, 2021

It officially merged on Thursday with special purpose acquisition company Gores Holdings IV , giving the combined company a valuation of $16.1 The Ishbia family will retain 94% control of the company, which will likely eclipse 10,000 employees in 2021. Presented by: Black Knight.

Mortgage 515

Mortgage Technology Investors Business 515

Housing Wire

AUGUST 21, 2023

Mortgage origination platform Maxwell , which was in the top 200 last year and a HW Tech 100 award winner in 2021, was ranked No. 469 LoanStar Technologies 1,241% 2016 Enabling lenders to connect and lend to customers who are traditionally underbanked or unbanked. The company was No. Its three-year growth rate was 1,241%.

Real Estate 345

Real Estate Real Estate Agent Technology Investors 345

Housing Wire

JANUARY 7, 2021

Mortgage tech is already off to the races, with companies introducing new digital products early in 2021. Andy Higginbotham, chief operating officer of Freddie Mac’s Single-Family business, said the partnership with Blend was a natural choice as both companies hone in on consumers demand for a fully digital lending experience.

Mortgage 227

Mortgage Lending Investors Clients 227

Housing Wire

JULY 6, 2021

Mortgage software platform Blend Labs set terms for its initial public offering Tuesday including its goal to raise up to $360 million for a targeted valuation of nearly $4 billion. billion following a Series G funding round from Tiger Global Management and others in January 2021. “For 2019 and 2020, our revenue was $50.7

Technology 366

Technology Mortgage Valuation Insurance 366

Housing Wire

JULY 19, 2021

Shares closed trading at $20.90, giving Blend a valuation of around $4.6 Blend’s investors are apparently convinced that the company can radically transform lending, simplifying and digitizing regimented-but-clumsy processes that are still rather paperwork-heavy. “So, the roadshow was very, very well received.”

Insurance 381

Insurance Investors Technology Real Estate Agent 381

Housing Wire

FEBRUARY 7, 2023

The year ahead for the mortgage-servicing rights market is shaping up to be a lucrative play for investors, lenders and others looking to purchase MSR assets. For these reasons, the enterprise should not accept MSR valuations provided by seller/servicers without an independent evaluation.”

Sellers 280

Sellers Investors Valuation Finance 280

Housing Wire

NOVEMBER 5, 2021

Underwriters rely on appraisal and valuation professionals. And servicers and investors depend on originators to produce high-quality mortgage loans and securities. Break Out: The Future of Valuations. The biggest missed opportunity in mortgage lending. Real estate agents partner with lenders. Sponsored by: Watch Now.

Real Estate 280

Real Estate Valuation Real Estate Agent Development 280

Housing Wire

APRIL 2, 2021

It’s the second large-scale mortgage lender to go public via a SPAC in 2021, after broker-based United Wholesale Mortgage began trading in late January. The valuation at the time of the IPO is expected to be $1.9 Like virtually all mortgage lenders, FOA posted record profits and originations in 2020. billion in 2020 from $19.16

Finance 253

Finance Renovations Investors Retail 253

Housing Wire

APRIL 30, 2021

In today’s market, mortgage originators are forced to intertwine different software and technology to support the lending process from start to finish. We can work with lenders to prepare their portfolios for secondary market trading through due diligence services, valuations and brokerage activity. Fractured mortgage ecosystem.

Mortgage 301

Mortgage Technology Investors Lending 301

Housing Wire

DECEMBER 29, 2020

With 2020 finally coming to a close, several companies wrapped up this unprecedented year for housing with some brand-new mortgage tech for 2021. One of the best tools that mandatory investors have at their disposal is access to precise, accurate and timely data.”. The tech solution giving community lenders an advantage.

Mortgage 289

Mortgage Investors Technology Real Estate Agent 289

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. A handful of vendors made strategic acquisitions and acquisitions for capitalization in the fall of 2021. Halbrook said. “I

Mortgage 325

Mortgage Technology Loan Officers Investing 325

Housing Wire

DECEMBER 31, 2021

Refinancing’s represented nearly two-thirds of mortgage loan originations in the first three quarters of 2021, and total refi volume for the year was projected to reach north of $2.2 Lenders will have to “manage expenses and improve customer service in a purchase market,” Tom Wind, executive vice president of consumer lending with U.S.

Marketing 412

Marketing Law Government Mortgage 412

Housing Wire

OCTOBER 7, 2022

The truth is there are more and more tech elements out there that help real estate investors, be it potential homebuyers, cash-only buyers or iBuyers. ” Our real estate agent and mortgage lending partners experience a strong ROI, generating leads by engaging with consumers through unique and compelling information based on data.

Housing Market 321

Housing Market Real Estate Agent Marketing Real Estate 321

Housing Wire

JUNE 27, 2022

About 40% of his business came from refis in the summer of 2021 even when his focus was on purchase mortgages his entire career. Compared with 2021, origination volume is expected to drop 40% from last year’s $4 trillion origination volume. But the boom times are over, and he knows it. Though not necessarily to buyers with financing.

Housing Market 395

Housing Market Marketing Brokerage Real Estate 395

Housing Wire

MARCH 15, 2022

Investors will need to quantify and charge for the risk that they will be held accountable for [with respect to] the acts of third-party servicers …,” he said. “It District Court judge in the case, Stephanos Bib as , states in a ruling lodged in late December of 2021. There could be allegations of predatory lending, for example. “.

Legal 359

Legal Law Investors Finance 359

Simonson Real Estate

APRIL 26, 2021

Over the past few years, Simonson Appraisals has provided valuations for many dollar store properties across Minnesota and North Dakota — primarily Dollar General. Dollar Stores, including Dollar General leased properties fit this investor profile and led to greater demand for it specifically. Net Lease Markets. Market Research.

Marketing 78

Marketing Tenants Real Estate Valuation 78

Housing Wire

JANUARY 30, 2024

As of January 2024, total agency MSRs held by nonbanks totaled $5.882 trillion — a $2.437 trillion increase, much of it acquired and retained during the boom origination years in 2020 and 2021. Mike Carnes, managing director of the MSR valuation group at Mortgage Industry Advisory Corp.

Marketing 320

Marketing Mortgage Sellers Buyers 320

Simonson Real Estate

JANUARY 23, 2020

Paul Commercial Real Estate Valuation and Appraisal Forecast Summit held at the Golden Valley Country Club on Friday, January 17, 2020. Topics centered on valuation trends for the retail, industrial, office and multi-family property sectors. 1st question from all investors on NNN sales, what are sales revenue for that location?

Real Estate 78

Real Estate Tenants Retail Valuation 78

Housing Wire

DECEMBER 20, 2021

Black Knight data shows that roughly 450,000 forbearance plan expirations are expected to occur through the end of 2021, representing more than a third of active plans. in November 2021, down from 14.8% billion at its peak in February 2021. “They’ve had a manageable budget due to mortgage forbearance.

Mortgage 312

Mortgage Government Contracts Insurance 312

Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. But if for lending, it might be rejected on review by GSE computers or humans.

Appraisal 77

Appraisal Construction Contracts Architecture 77

Appraisal Today

DECEMBER 16, 2022

Bill Rayburn gave a rousing and lively explanation of exactly what quality means in valuation at a recent meeting. Lenders want a compliant document that allows the loan package to be sold as quickly as possible, while investors want an appraisal that allows for securitization or resale to another downstream buyer.

Modernization 52

Modernization Appraisal Contracts Real Estate 52

Clear Capital

NOVEMBER 30, 2021

And, apparently 2021 is a record in investment in proptech — $9.5 billion has been invested in terms of funding in 2021, which exceeds the previous record in 2019 of $9 billion when extra $0.5 billion in November, which is half of the valuation, of course of Smart Rent, which we’re just talking about. Jeff Allen .

Landlords 69

Landlords Real Estate Tenants Investing 69