Housing Wire

MAY 9, 2022

The Federal Housing Administration said that nonprofit organizations and owner-occupant buyers will have first dibs on foreclosed properties that get auctioned off through its Claims Without Conveyance of Title (CWCOT) program, specifically prioritizing these groups over investors.

Investors 395

Investors Insurance Buyers Contracts 395

Housing Wire

JANUARY 13, 2023

For the non-QM lenders serving the single-family investment-property space who have managed interest-rates well to stay ahead of the market, however, there’s still plenty of opportunity to pick up market share, industry observers argue. . by the end of 2023,” the MBA’s December market-forecast report states.

Marketing 405

Marketing Investing Investors Landlords 405

Housing Wire

SEPTEMBER 22, 2022

New York-based Unlock Technologies , a fintech operating in the shared-equity market, and real estate investment firm Saluda Grade , have closed a $180 million private-label securitization (PLS) backed entirely by Unlock-originated residential home-equity agreements (HEAs).

Marketing 361

Marketing Contracts Finance Home Value 361

Housing Wire

FEBRUARY 7, 2022

San Francisco-based fintech firm Unison plans several securitization deals to market in 2022, with private label offerings backed by home-equity assets. Unison expects to bring three additional securitization deals to market in 2022, according to a company executive.

Investing 275

Investing Marketing Contracts Investors 275

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021. percentage points in early December, when historically that spread has ranged between 1 to 2 percentage points.

Mortgage 335

Mortgage Marketing Investors Lending 335

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows.

Housing Market 355

Housing Market Marketing Contracts Lending 355

Housing Wire

JULY 19, 2023

Go Mortgage sued its former director of capital markets for “corporate sabotage,” alleging computer fraud, violation of trade secrets, breach of contract and tortious interference with a business relationship. The lender claims actions by Katie Chikonde cost the lender millions of dollars.

Mortgage 345

Mortgage Marketing Retail Construction 345

Housing Wire

OCTOBER 12, 2021

Redwood Trust CEO Christopher Abate laid out a bold vision of growth for the real estate investment trust at an investor conference in New York City last month. That is done via what is called a home-equity investment contract, or an HEI. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day.

Contracts 360

Contracts Marketing Investing Real Estate 360

Housing Wire

MAY 3, 2022

The capital will be used to accelerate Point’s growth in the $25 trillion home-equity market, according to the company’s co-founder and CEO Eddie Lim. Point’s HEI contracts — which have 10- or 30-year maturities, the latter the standard since early 2020 — address many variables in a complicated, nuanced housing market.

Contracts 400

Contracts Investors Investing Market Value 400

Housing Wire

JANUARY 5, 2023

residential mortgage-backed securities (RMBS) market continues to look bleak for 2023. This year, RMBS issuance volumes are expected to contract further from 2022 due to the impact from elevated rates, high inflation and recession possibilities. . RMBS at DBRS Morningstar said in a report.

Marketing 408

Marketing Investors Mortgage Contracts 408

Housing Wire

JANUARY 9, 2023

One slice of the single-family home market that has gained traction over the past year in a topsy-turvy housing landscape is the build-for-rent sector — or BFR. Still, even the single-family rental (SFR) market, including the BFR sector, faces an uncertain future in the year ahead, given the ongoing volatility in interest rates and inflation.

Housing Market 545

Housing Market Marketing Construction Development 545

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. The froth is out of the market.

Real Estate 288

Real Estate Marketing Inventory Contracts 288

Housing Wire

SEPTEMBER 20, 2022

It’s all part of a strategy to not only survive the most challenging mortgage market in decades, but to come out of it stronger. ” According to Tullos, the company made an arrangement to work on a contract basis with some of the employees that were laid off. . To grow in the coming years, it seeks to raise capital.

Marketing 336

Marketing Investors Retail Mortgage 336

Housing Wire

SEPTEMBER 9, 2022

The pace of mortgage-backed securities (MBS) issuance in the nonagency market slowed considerably in July and August as rising interest rates and Federal Reserve MBS-purchase policy have combined to dampen the momentum exhibited in the private-label space in 2021 and over the first half of this year. billion over the same period in 2021.

Marketing 353

Marketing Mortgage Investors Legal 353

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. trillion and to nearly $9.3

Marketing 356

Marketing Investing Mortgage Investors 356

Housing Wire

APRIL 14, 2022

What happens when the Federal Reserve begins pulling back in a serious way from the mortgage-backed securities (MBS) market that it has helped to prop up through billions of dollars in bond purchases since the start of the pandemic in 2020 — to the point where it now holds a $2.7 You don’t know what investor demand is going to be.

Marketing 378

Marketing Investors Government Investing 378

Housing Wire

MARCH 31, 2022

The rate volatility that has gripped the economy since the start of the year and caused the mortgage-origination market to stumble is taking a toll on the private-label securitization market as well. MAXEX , an Atlanta-based digital mortgage exchange serving the PLS market, posted record growth in 2021, for example.

Marketing 356

Marketing Investors Mortgage Sellers 356

The Robert Weiler Company

JANUARY 2, 2021

Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. So, what is a land contract agreement, and how does it work? A home or condo.

Contracts 143

Contracts Tenants Legal Sellers 143

Housing Wire

JUNE 9, 2022

That negatively affected liquidity options in both the loan-trading and securitization markets as higher-rate loans [above 5%] subsequently hit the market. So, when rates are rising, and the market is compressing, non-QM becomes a more vogue product,” Yoon added. Non-QM is a counter cyclical product.

Marketing 358

Marketing Contracts Technology Mortgage 358

Housing Wire

MARCH 26, 2024

Allegations include breach of contract and unjust enrichment, with damages sought at $250 million. these funds continue to enrich only affiliated real estate agents, investors, brokers, and staff.” When an associate agent joins any KW market center, they have to name their sponsor.

Brokerage 493

Brokerage Legal Agents Realty 493

Housing Wire

JULY 14, 2021

“Treasury yields have trended lower over the past month as investors remained concerned about the COVID-19 variant and slowing economic growth,” Kan said. Overall inventory is still low, of course, but a cooling of the market could lead to more would-be buyers and an increase in mortgage applications soon, experts said.

Mortgage 512

Mortgage Contracts Inventory Investors 512

Housing Wire

MARCH 8, 2023

In addition, loan officers said that investors took advantage of a slower market. ” Who is jumping into the market? Investor demand tends to increase at times when most borrowers are waiting for rates to decline, Justin Fullmer, area manager in Idaho for Future Mortgage , told HousingWire. from the week prior.

Mortgage 361

Mortgage Loan Officers Investors Government 361

Housing Wire

OCTOBER 1, 2022

The real estate market has shifted, and we are in a new housing paradigm. However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. However, in many areas of the country it does remain a seller’s market. Historically 2.5

Realtors 382

Realtors Housing Market Marketing Buyers 382

Housing Wire

JANUARY 19, 2023

While home prices have started to inch down, more inventory is needed for a balanced housing market, the Federal Reserve Beige Book said. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

Inventory 384

Inventory Housing Market Marketing Construction 384

Housing Wire

OCTOBER 6, 2022

The Mortgage Bankers Association (MBA), however, measured the average contract for conforming at 6.75% this week, compared to 6.52% the previous week. According to the South Carolina LO, some homebuyers applying for jumbo loans are borrowers that historically would pay in cash but are hit hard by the current turbulent stock market.

Mortgage 356

Mortgage Marketing Loan Officers Retail 356

Housing Wire

SEPTEMBER 14, 2023

Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. What to expect from the Federal Open Market Committee meeting next week ? How are mortgage rates affecting the housing market ?

Mortgage 423

Mortgage Inventory Buyers Investors 423

Housing Wire

DECEMBER 31, 2021

But the boost in purchase business likely won’t be enough to prevent operational contraction: As margins shrink, lenders will likely have to lay off staff and renegotiate compensation. 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 420

Marketing Law Government Mortgage 420

Housing Wire

JANUARY 19, 2024

Our housing market tracker counts weekly active single-family listings, those homes that aren’t in the contract, and the raw available number of homes for sale. This is why the Altos Research numbers we cite are always smaller than the NAR numbers, which accounts for all home types and those in contract. All four U.S.

Housing Market 415

Housing Market Inventory Contracts Marketing 415

Housing Wire

JUNE 30, 2021

“Mortgage rates were volatile last week, as investors tried to gauge upcoming moves by the Federal Reserve amidst several divergent signals — including rising inflation, mixed job market data, strong consumer spending, and a supply-constrained housing market that has led to rapid home-price growth,” Fratantoni said. “As

Mortgage 417

Mortgage Contracts Investors Housing Market 417

Housing Wire

MARCH 29, 2023

“Securitization of HELOCs had been a small part of the RMBS [residential mortgage-backed securities] market in the pre-financial crisis period, but issuance was still relatively commonplace until 2007,” states a fall 2022 DBSR Morningstar report focused on the securitization market for HELOCs. to 2 points.”

Contracts 338

Contracts Lending Investing Investors 338

Appraisal Buzz

AUGUST 20, 2021

Oaktree Funding offers a wide range of mortgage products, including competitive non-QM and non-agency programs: for example, low-document bank statement and investor loans with limits as high as $4 million. “As The post Oaktree Funding Now a Participating Lender in Calyx Point appeared first on Appraisal Buzz.

Contracts 370

Contracts Investors Appraisal Mortgage 370

Housing Wire

DECEMBER 6, 2023

Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. Analysts see mortgage companies issuing debt as a sign that market conditions may improve in 2024. The offer is subject to market conditions and other factors. For example, Freedom raised $1.3 In total, $1.8

Contracts 349

Contracts Investing Mortgage Investors 349

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Housing Wire

FEBRUARY 22, 2023

The residential mortgage-backed securities (RMBS) market took a beating in 2022, nearly stalling as the year came to an end — on the heels of interest rates jumping more than 3 percentage points over the first half of 2022. As we turn the corner into 2023, however, the landscape so far looks brighter for the RMBS market.

Marketing 309

Marketing Finance Mortgage Lending 309

Housing Wire

OCTOBER 21, 2020

The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. Lovern was actually on maternity leave at that time when open houses and contracts were paused. “In

Housing Market 545

Housing Market Marketing Real Estate Agent Real Estate 545

Housing Wire

JULY 28, 2021

The 10-year Treasury yield went into free fall last week, as investors grew concerned about the rise in COVID-19 variant cases and the potential economic fallout, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting. . Mortgage applications increased 5.7% from 64.9% the previous week. from 10.5%.

Mortgage 383

Mortgage Contracts Finance Investors 383

Housing Wire

NOVEMBER 9, 2023

Redwood Trust and home equity fintech lender Point have closed on a $139 million bond secured by 1,577 home equity investment (HEI) contracts. The two companies issued the first-ever securitization backed entirely by HEIs in 2021, a bet that rising home-price appreciation can benefit consumers in the short-term and investors in the long-term.

Investing 367

Investing Finance Contracts Insurance 367