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Top Guaranteed Rate LO Shant Banosian joins board of Healing Realty Trust

Housing Wire

Aiming to take the company public next year, Healing Realty Trust will tap into Banosian’s network of big banks as well as investors to grow its portfolio. So we’ll look for him to leverage his relationships into access to investors. Shant has an incredible network. We have a $25 million open series A funding round right now.

Realty 319
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Single-family rents soar in tight housing market

Housing Wire

That’s nearly as much as it costs to deliver a newborn, on average, even with employer-provided health insurance , and quite a bit more than the $3,900 the average woman earns each month. Profit margin compression and a tight housing market – What’s a lender to do? Presented by: Black Knight.

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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. Call or text me with any real estate questions!

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DataDigest: Office debt is stressing banks. That matters for mortgages.

Housing Wire

The rapid collapse of four regional banks that began last March shocked regulators and investors alike. Since the Federal Deposit Insurance Corporation (FDIC) insures only up $250,000, the banks’ wealthier customers panicked and demanded all of their money immediately. 1, the company had lost 45% of its market value.

Mortgage 369
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HUD, White House announce new initiatives designed to boost housing supply

Housing Wire

The new policies are designed to provide “an ongoing source of capital so that state and local housing finance agencies (HFAs) can continue to offer FHA insured multifamily loans at reduced interest rates to create and preserve high-quality, affordable rental homes,” according to the White House.

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Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. But as history has proven, although the market fluctuates in the short term, it reaches new heights in the long term. Each will provide invaluable support through difficult situations.

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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

That’s because the unpaid loan balance continues to grow for delinquent mortgages due to unpaid interest, property taxes and insurance. We always offer lease-back to people, and we have a few that have been tenants for several years,” he said. “I As a company we always work with the occupants. … It’s a win-win.”