Housing Wire

APRIL 10, 2024

Last July, the company sold its title insurance business to Essent Group , followed by strategic changes in September including a transition of its offshore-based operations to a team in the Philippines and the sale of “certain operations” of its home improvement lending business to Aqua Finance.

Business 365

Business Investors Finance Home Improvement 365

Housing Wire

JUNE 8, 2021

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. billion as of March 31, 2021 and is one of America’s largest specialized home improvement lenders. billion in home improvement projects.

Renovations 325

Renovations Home Improvement Marketing Finance 325

Raleigh Realty

JULY 12, 2022

That’s why we’re rounding out some top home renovation statistics so you know what to expect from your next home improvement project. We’re covering home improvement, renovation, and remodeling topics so you’ve got all the information you need for your next project. billion in the United States by the end of 2022.

Home Improvement 60

Home Improvement Renovations Construction Supply Chain 60

Housing Wire

JUNE 22, 2023

The Loan Store’s HELOC product is a standalone, fixed-rate line of credit that allows borrowers to tap into the equity of their homes, with credit lines ranging from $25,000 to $400,000. These funds can be utilized to consolidate debts or finance home improvement projects. The Loan Store, Inc.

Finance 323

Finance Home Improvement Lending Valuation 323

Housing Wire

OCTOBER 7, 2022

Guaranteed Rate this week walked away from negotiations to acquire Finance of America ’s forward mortgage retail channel, which may result in FoA closing the division, sources with direct knowledge of the negotiations told HousingWire. year-over-year, according to Inside Mortgage Finance. The company ranked no. 33 among the top U.S.

Retail 341

Retail Finance Home Improvement Mortgage 341

Housing Wire

SEPTEMBER 29, 2022

Amid the most challenging mortgage market in decades, multichannel lender Finance of America (FoA) plans to sell its retail mortgage division and shut down its forward wholesale channel, multiple sources told HousingWire. . year-over-year, according to Inside Mortgage Finance. The company ranked no. 33 among the top U.S.

Retail 424

Retail Finance Home Improvement Business 424

Appraisal Buzz

MAY 1, 2024

The survey asked consumers a series of questions about their knowledge of home equity loans and home equity lines of credit and on their willingness to use these products for different applications, such as consolidating debt, home improvement and to pay for major life events.

Renovations 195

Renovations Home Improvement Finance Appraisal 195

Appraisal Buzz

MAY 10, 2021

The lending and services platform Finance of America has introduced a home improvement financing product offered to consumers through approved contractors. The post New Service is Designed to Help Homeowners Renovate appeared first on DSNews.

Renovations 195

Renovations Design Home Improvement Finance 195

Housing Wire

JUNE 13, 2022

Multichannel lender Finance of America (FoA) Monday announced Patti Cook will step down from her role as chief executive officer June 30, in anticipation of her retirement due to an existing medical condition. . According to Inside Mortgage Finance, Cook is leaving the leadership team of the 32nd largest mortgage lender in the U.S.

Finance 331

Finance Home Improvement Mortgage Lending 331

Housing Wire

MAY 22, 2024

“The demand for inconspicuous safety bars, lower sinks, residential elevators and other amenities has given home improvement chains, contractors, designers and architects a noticeable lift.” The Home Depot is refreshing an in-house brand with accessibility in mind for things like grab bars and easier-to-use faucets.

Renovations 390

Renovations Design Home Improvement Advertising 390

Housing Wire

APRIL 21, 2022

Perry said that despite statements from banking regulatory agencies, the Federal Housing Finance Agency , the Department of Housing and Urban Development and the Consumer Financial Protection Bureau to reassure lenders that targeted lending programs do not violate fair lending laws, mortgage lenders remain hesitant.

Lending 404

Lending Legal Law Development 404

Housing Wire

SEPTEMBER 23, 2020

Of these workers, three in five said they’d prefer to work from home when restrictions are lifted. There’s a mainstay in mortgage finance poised to help in working from home. It allows for actual home improvements to complement contemporary lifestyles. Homeowners are serious about dedicating room for work.

Renovations 541

Renovations Insurance Home Improvement Design 541

Housing Wire

AUGUST 2, 2022

Multichannel lender Finance of America (FoA) has laid off hundreds of employees across several rounds in the second and third quarters of 2022. Amid changes to the nonbank lender’s C-Suite and business lines, veteran mortgage executive Bill Dallas left his position as president of Finance of America Mortgage in March. .

Marketing 311

Marketing Human Resources Finance Business 311

Housing Wire

APRIL 13, 2023

“Remodelers are generally optimistic about the home improvement market, although some are noting negative effects of material shortages and higher inter e st rates ,” Alan Archuleta, NAHB Remodelers Chair, said in a statement. Customers are still undertaking larger projects, but are mostly paying cash rather than financing them.”

Marketing 317

Marketing Home Improvement Finance Housing Market 317

Housing Wire

OCTOBER 28, 2021

If lenders do not offer this product, these clients will find financing elsewhere. That being said, being a resource for all real estate financing needs for your customers will become more important in the next few years than ever before.

Lending 259

Lending Real Estate Finance Real Estate Agent 259

Housing Wire

JUNE 1, 2022

Finance of America Home Improvement. Director of Product Management. Director Of Business Development. Meg Parker Young. Vice President. Fannie Mae. Meghan Hannon. Senior Director, Product. EVP, Partnerships. Morgan Salama. Head of growth and partnerships at Realogy Title Group. Realogy Title Group. Nadia Evangelou.

Architecture 336

Architecture Realty Insurance Lending 336

Housing Wire

AUGUST 21, 2023

5000 list an impressive five times: Total Expert , which offers CRM and data-driven customer engagement solutions, turning customer insights into actions to increase loyalty and drive growth; and FirstClose , a tech solution provider for HELOC and home equity lenders. Other established names to make the Inc. 4,105 FirstCloseFirstclose.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

AUGUST 5, 2022

Despite rising rates, demand for home equity lines of credit (HELOCs) continues to surge with 2022 origination levels up more than 40% from a year ago, according to data from Citizens. Cash-out refinance not a viable option.

Lending 348

Lending Home Improvement Home Value Mortgage 348

Housing Wire

AUGUST 14, 2023

Real estate professionals can educate clients on the prospect of leveraging the equity they have in their current home to consolidate consumer debt through home equity based products like HELOCs, home equity loans or other home equity based products, that tend to have better terms than other forms of debt.

Real Estate Agent 287

Real Estate Agent Real Estate Clients Agents 287

Housing Wire

MARCH 23, 2022

Both programs can also be used as a home financing solution that allows older clients to purchase a new home that will better fit their lifestyle. Clients, lenders, and financial advisors are just scratching the surface about how to use them strategically with home equity serving as an increasingly critical retirement asset.

Mortgage 351

Mortgage Clients Business Training 351

Housing Wire

AUGUST 25, 2022

“For some smaller originators, it could kind of move the needle,” said Bose George, mortgage finance analyst at Keefe, Bruyette & Woods (KBW). Home prices have remained stubbornly high , and there’s tens of billions of dollars in homes for sale beyond the conventional loan limits set by Fannie Mae and Freddie Mac.

Mortgage 384

Mortgage Loan Officers Finance Investors 384

Housing Wire

JANUARY 19, 2024

million investment Patriot will make, subject to court approval, At least $1.3

Loan Officers 362

Loan Officers Lending Advertising Home Improvement 362

Housing Wire

OCTOBER 19, 2023

” The client wanted to pay off $30,000 in consumer debt, handle home improvement projects and help her daughter start college, said Anderson, a longtime mortgage advisor in Southern California. You’re probably thinking, “Uh, why on earth would she do that?” mortgage rate at the end of August.

Mortgage 470

Mortgage Clients Lending Home Improvement 470

Empire Appraisal Group

DECEMBER 28, 2023

NEW YORK – Home Depot sales continue to slide as Americans wrestle with persistent inflation and the company narrowed its outlook for the year. But the nation’s biggest home improvement retailer still topped expectations for the quarter. Those who aren’t moving aren’t spending on larger projects, like major remodels, either. “A

Home Improvement 78

Home Improvement Renovations Retail Real Estate 78

Lamacchia Realty

MARCH 20, 2024

It’s crucial to be aware of and have a true understanding of what these could mean for your finances as you begin your new chapter of homeownership. Be sure to consult with a tax professional to gain and full understanding of this process and what it could mean for your finances.

Real Estate 69

Real Estate Sellers Home Improvement Realtors 69

D Fritz Appraisals

SEPTEMBER 11, 2023

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most.

Renovations 117

Renovations Home Value Market Value Valuation 117

Housing Wire

AUGUST 4, 2023

The ongoing shortage of housing inventory helped spur an increase in home building and home improvement activity, Kan said. Employment in the construction industry continued to trend up in July, adding 19,000 jobs, especially in the residential construction space.

Marketing 278

Marketing Construction Renovations Home Improvement 278

Housing Wire

OCTOBER 26, 2020

Servicers can use real-time borrower data to offer money-saving refinances, home improvement loans, and new home search options to keep borrowers off real estate portals that lure customers away. The post Sagent technology puts servicers in the driver’s seat appeared first on HousingWire.

Technology 272

Technology Investors Modernization Home Improvement 272

Cleveland Appraisal Blog

OCTOBER 29, 2021

Once we know how much the home costs to replace, we can extract a percentage of how much the home improvement has depreciated. Let’s say that in this example, the home that sold for $500,000 has a replacement cost of $425,000. If that is the case, the home’s improvements have depreciated approx.

Appraisal 365

Appraisal Development Finance Lending 365

Housing Wire

FEBRUARY 14, 2023

The servicer is then in a position to offer the borrower asset protection and other insurance products, home improvement loans and options for home maintenance to generate additional revenue and provide a positive customer experience.

Modernization 316

Modernization Insurance Investors Tools 316

Eppraisal

FEBRUARY 6, 2024

Home Equity Loan Interest Deduction Homeowners can also benefit from the ability to deduct interest on home equity loans or lines of credit used for qualified home improvements or other expenses.

Property Taxes 69

Property Taxes Renovations Home Improvement Law 69

Housing Wire

APRIL 14, 2022

The whole industry is going to struggle with the transition from refi to a purchase market,” Bose George, mortgage finance analyst at Keefe, Bruyette & Woods (KBW) , told HousingWire. That was just over 45% of the company’s mix, according to Inside Mortgage Finance. billion volume in 2021, up 33.7% year over year.

Mortgage 519

Mortgage Marketing Retail Lending 519

Movoto

MAY 15, 2024

Much like when first purchasing a home, you’ll want to know your home buying power by determining your financing needs and calculating your home’s equity. This will allow you to shop around for lenders to find the most favorable home equity loan rates and terms.

Renovations 36

Renovations Finance Lending Real Estate 36

Lamacchia Realty

MAY 23, 2023

If you are planning to embark on a home renovation this year, it’s crucial to stay up-to-date with the current status of the industry. And above all, be sure to budget and plan your finances accordingly. Additional Resources Making Home Improvements?

Renovations 58

Renovations Supply Chain Construction Home Improvement 58

Housing Wire

OCTOBER 12, 2023

Though the home service industry is worth $500 billion, it remains a highly fragmented space occupied by a variety of players: independent contractors, platforms such as Angie , TaskRabbit , as well as white label concierge firms like LiveEasy. Vishwas Prabhakara has a new twist to offer.

Development 387

Development Clients Technology Investing 387

Lamacchia Realty

FEBRUARY 8, 2022

Then it’s time to consider your skills, schedule, and your plans for financing any improvements and hire a professional contractor to provide you with an estimate for the projects you will be undertaking. Whether the home just needs a spruce up or more involved renovations, knowing what’s involved is important.

Renovations 74

Renovations Buyers Finance Home Improvement 74

Housing Wire

DECEMBER 29, 2023

If customers are looking for home improvement, debt consolidation or other spending goals, Home equity products can be positive at current rates. Given the average mortgage rate is 3.7%, and considering the pent-up deferred sales pressure is growing each day, our view is that somewhere around 5.5%

Mortgage 438

Mortgage Loan Officers Inventory Business 438