Housing Wire

MAY 11, 2022

In this hot housing market, Michigan-based wholesale lender Homepoint understands the key to originating more home loans is ensuring more sellers accept offers made by its buyers. Planet Home Lending entered into a $2.5 The post Homepoint lends homebuyers the power of all-cash offers appeared first on HousingWire.

Lending 372

Lending Real Estate Agent Investors Finance 372

Housing Wire

JUNE 13, 2023

Warehouse lending, one of the sources of liquidity to independent mortgage bankers (IMBs), usually has good yields and short term, according to industry experts. In March, Moody’s Investor Service listed Comerica among the nation’s top warehouse lenders for potential rating downgrades. The bank had $1.7

Lending 295

Lending Finance Insurance Investors 295

Housing Wire

APRIL 18, 2024

The challenges in today’s mortgage market have caused many originators to expand their loan product offerings outside of qualified mortgage (QM) criteria set by the Consumer Financial Protection Bureau (CFPB). We utilize common-sense lending and offer exceptions that enable a range of flexible funding options. workforce is changing.

Marketing 368

Marketing Investors Real Estate Business 368

Housing Wire

APRIL 25, 2023

Tavant , a Silicon Valley-based digital lending solutions provider, is adding a new product called Asset Analysis to its AI-powered digital lending platform, Touchless Lending. The new product is in the near-final stages of production and will be available in-market by the end of June 2023.

Lending 297

Lending Loan Officers Mortgage Investors 297

Housing Wire

SEPTEMBER 5, 2023

Despite difficulties in the mortgage market at large, non-QM lenders are seeing growth and opportunity. The non-QM demand for loans is very healthy,” Acra Lending CEO Keith Lind said. “We We are not seeing a similar volume trajectory as the agency market.” billion in 2023, an increase from $2.1 billion last year.

Marketing 327

Marketing Loan Officers Lending Brokerage 327

Housing Wire

MAY 2, 2024

The housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly high inflation and a still-strong jobs market. Treasury market — jumping to as high as 121 in mid-April after ending March near 85.

Marketing 370

Marketing Mortgage Investors Sellers 370

Housing Wire

AUGUST 17, 2022

Securities and Exchange Commission (SEC) over insider-lending allegations brought against the bank and its former top executive, Ronald Paul. The bank, which operates a mortgage-lending unit, along with its holding company, Eagle Bancorp Inc., Fraud, risk, quality, oh my: The hazards to watch fo r in gaining purchase market share.

Lending 317

Lending Government Investors Law 317

Housing Wire

SEPTEMBER 13, 2022

Lending standards tightened in August amid a worsening economic outlook and signs of cooling in home-price growth. A decline in MCAI, benchmarked to 100 in March 2012, indicates that lending standards are tightening while an increase in the index suggests a loosening of credit. billion in 2022 from last year’s $4.4

Lending 367

Lending Government Mortgage Investors 367

Housing Wire

AUGUST 8, 2022

HousingWire recently spoke with John Jeanmonod, Regional Vice President of Sales at Angel Oak, about non-QM lending and the outlook for the second half of 2022. There is not a credit issue in the market right now that is causing volatility – non-QM loans are good performing loans issued to credit-worthy borrowers.

Lending 337

Lending Loan Officers Training Investors 337

Housing Wire

AUGUST 4, 2022

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Is now a good time to invest in real estate automation technologies?

Brokerage 393

Brokerage Real Estate Lending Mortgage 393

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

DECEMBER 14, 2021

The non-QM mortgage market, which encompasses most home loans not backed by a government-sponsored guarantee, is expected to reach the $25 billion mark this year in private-label securitization volume. . With non-QM, the scenarios are just everywhere, and it requires an expertise and a skill set that takes years to learn.

Lending 320

Lending Technology Government Investors 320

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. It sets up a domino effect [for market activity].”

Housing Market 382

Housing Market Marketing Contracts Finance 382

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. A year ago, we were offering to lend 85% loan-to-cost or 90% loan-to-cost, and that’s down to like 75% loan-to-cost.

Finance 350

Finance Marketing Renovations Investors 350

Housing Wire

MAY 16, 2022

The conditions in today’s market have pushed non-QM to the forefront. Non-QM is gaining speed in the market while agency is shrinking. Here is where it gets murky – choosing the right non-QM lending partner! The problem is non-QM is a niche market and many loans involve challenging circumstances. That’s why.

Lending 306

Lending Real Estate Agent Investors Real Estate 306

Housing Wire

APRIL 13, 2023

Wholesale lending is great for helping serve underserved borrowers. The wholesale channel has the ability to offer borrowers a variety of choices, with access to many different bank and lending programs. For brokers, Change Wholesale offers marketing support to help promote their business and reach new clients.

Marketing 349

Marketing Lending Design Development 349

Housing Wire

JULY 7, 2023

The fix-and-flip market has seen a boom in recent years, with more than 407,000 homes flipped in 2022, a 14% increase from 2021 and a 58% increase from 2020, according to a recent report by real estate data firm ATTOM. ATTOM reports that one in 12 home sales last year — 8.4% — involved fix-and-flip investors.

Marketing 333

Marketing Lending Investors Real Estate 333

Housing Wire

NOVEMBER 2, 2020

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. Secondary Marketing. The post Simplify complex lending processes with powerful analytics appeared first on HousingWire.

Lending 380

Lending Valuation Clients Tools 380

Housing Wire

OCTOBER 5, 2023

The real estate market in China, both commercial and residential, have been unwinding over the last few years. Lax lending standards and cheap credit, plus a popular belief that real estate values never decline, created a massive bubble. market is viewed as a safe harbor by those in China with capital. in 2008 and 2009.

Real Estate 393

Real Estate Housing Market Marketing Investors 393

Housing Wire

MAY 16, 2022

In 2022’s changing market, non-QM has been a hot topic for many. HousingWire recently caught up with Steven Schwalb, managing partner of Angel Oak Lending, about the changes investor appetite has gone though for non-QM. HousingWire: What is the investor appetite for non-QM and how has that changed over the past few years?

Investors 320

Investors Investing Insurance Lending 320

Housing Wire

FEBRUARY 9, 2021

Non-QM lending is poised for growth in 2021. HousingWire recently spoke with Mike Fierman, managing partner and co-CEO of Angel Oak, about the non-QM lending outlook for 2021 and how Angel Oak’s “originate to hold” model benefits originators. Now, many investors are once again returning to the non-QM space. in January.

Lending 327

Lending Investors Mortgage Marketing 327

Housing Wire

JANUARY 4, 2021

Citadel Servicing Corporation (CSC) , one of the country’s largest non-QM lenders , is rebranding as Acra Lending (Acra). When COVID-19 hit, the non-QM market disappeared. Liquidity had dried up and bond investors, which underpin the non-QM market, were running for the hills. The change is effective Monday. “We

Lending 315

Lending Investing Business Retail 315

Housing Wire

FEBRUARY 5, 2024

Recent market trends — including an improvement in mortgage rates, housing affordability and potential refinance opportunities — suggest positive signs for the real estate market this year, according to February’s Mortgage Monitor report from Intercontinental Exchange (ICE). peak prior to the housing market downturn in 2006. “If

Housing Market 438

Housing Market Marketing Mortgage Lending 438

Housing Wire

MARCH 3, 2022

Finance of America Companies on Wednesday told investors that it managed to increase in originations in 2021, but a more competitive landscape reduced margins and, consequently, the company’s net income. On Wednesday, its market value was $191.5 Presented by: SitusAMC. billion, up 107%. billion, up 107%. billion. “We

Finance 363

Finance Investors Mortgage Home Improvement 363

Housing Wire

NOVEMBER 7, 2023

The effort was intended to decrease systemic risk, but by focusing narrowly on the risk posed by banks, it would likely increase risk in the mortgage market. The proposal would make it more expensive for large banks to hold, sell or service mortgages, reinforcing their now decade-long retreat from mortgage lending.

Mortgage 414

Mortgage Marketing Finance Lending 414

Housing Wire

DECEMBER 11, 2020

Yet borrowers have had limited agency in the lending process to date. FormFree, the ATP fintech led by HousingWire Tech Trendsetter Brent Chandler , is launching a blockchain-based exchange for consumers to take control of the lending process. The smart contract presents the borrower’s lending request to the exchange.

Lending 400

Lending Contracts Investors Technology 400

Housing Wire

MAY 5, 2023

announced on Thursday that the Optimal Blue product, pricing and eligibility engine (PPE) has added investor content from 54 state-based housing finance agencies (HFAs). Optimal Blue , a division of Black Knight, Inc. Black Knight, Inc.

Investors 318

Investors Finance Clients Real Estate 318

Housing Wire

JANUARY 15, 2021

SoFi co-founder Mike Cagney’s latest digital mortgage operation Figure Lending closed on a $100 million funding facility from JPMorgan Chase this week. In a statement, Figure said the $100 million loan facility represents another push toward growth in mortgage lending. Mike Cagney, SoFi. billion across these deals.

Lending 252

Lending Technology Finance Insurance 252

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. She was the primary contact between Go Mortgage and its institutional lenders, investors and securitization counterparts.

Mortgage 345

Mortgage Marketing Retail Construction 345

Housing Wire

JUNE 30, 2022

The housing market has undergone a significant transformation over the past two years. While a booming market kept brokers busy in 2021, the 2022 housing market has been underscored by rising interest rates, inflation and geopolitical turbulence. John Gibson: SVP, National Sales Director; Wholesale & Correspondent Lending.

Lending 308

Lending Housing Market Technology Business 308

Housing Wire

JULY 25, 2023

F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. America’s fix-and-flip short-term property market is estimated to be worth as much as $68 billion a year, according to F2 Finance. LendInvest has more than $4.7 billion (£3.7

Finance 326

Finance Marketing Lending Inventory 326

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Acra Lending is doing what it can to help free up inventory. In addition to low inventory, the massive competition in the market has led to an increase in home prices. 3-month bank statement.

Housing Market 427

Housing Market Marketing Inventory Lending 427

Housing Wire

MAY 2, 2024

Potempa mainly focuses on the government lending space, which represents 60% of his total volume, he said. But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market. “In wholesale, you can shop and sell the loan to a multitude of investors. .

Loan Officers 377

Loan Officers Mortgage Retail Lending 377

Housing Wire

MARCH 23, 2023

With current market conditions having a negative impact on traditional agency loans, expanding into non-QM products can allow brokers to grow their business and reach a wider borrower pool. But what’s the best way for brokers to market themselves to reach that wider, non-QM audience? Why a solution provider? Mistry said.

Marketing 305

Marketing Lending Advertising Technology 305

Housing Wire

DECEMBER 5, 2023

When individual mortgages are originated by lenders like banks or credit unions , they may bundle groups of these mortgages together into financial vehicles called mortgage-backed securities (MBS) that are then sold to investors on a secondary market. This ensures their bundle retains its credit rating and market value.

Technology 378

Technology Mortgage Investors Lending 378

Housing Wire

OCTOBER 2, 2023

Mortgage companies raising debt in the current high mortgage rates landscape is a sign that market conditions are improving, although a recovery from the downturn may come later than expected, analysts told HousingWire. And recent transactions show that there’s an appetite among investors for debt in the mortgage space.

Mortgage 366

Mortgage Marketing Investors Investing 366

Housing Wire

NOVEMBER 9, 2023

According to Acra Lending CEO Keith Lind, the company is currently locking its pipeline at rates of about 9.25%. Lind said Acra’s investor loan percentage has increased from about 37% in 2022 to nearly 48% this year. Lind said Acra’s investor loan percentage has increased from about 37% in 2022 to nearly 48% this year.

Lending 337

Lending Investors Business Mortgage 337