Housing Wire

JANUARY 11, 2022

Founded in 2007, Corte Madera-based Bay Equity originated a volume at $8.5 Due to its size, Bay Equity is more efficient at originating mortgages and selling loans in the secondary market to investors, according to Redfin, which said that the acquired company had generated positive net income over the last three years.

Loan Officers 456

Loan Officers Lending Real Estate Brokerage 456

Housing Wire

JULY 15, 2022

He has more than 15 years of industry experience, holding multiple positions in the industry including being an investor, team owner/leader, brokerage operating partner, coach and trainer and corporate executive. Brian Gubernick : No question, the greatest learning opportunity I’ve experienced was the 2007-2008 housing market crash.

Real Estate 374

Real Estate Realtors Brokerage Business 374

Housing Wire

OCTOBER 2, 2020

In the fallout of the housing collapse of 2007- 2009, the U.S. Nonbanks are intermediaries that originate loans to the terms of the ultimate investor. These investors included the GSEs, the Ginnie Mae programs, larger bank portfolios, and Wall Street firms. They sell all of their loans to investors.

Government 521

Government Investors Lending Mortgage 521

Housing Wire

OCTOBER 16, 2020

By the looks of it, unnamed investors will be the beneficiaries of the IPO, likely the private equity backers at McCarthy. San Diego-headquartered Guild, led by Mary Ann McGarry , has made six acquisitions since 2007, which has helped increase its production dramatically. billion to $27.8 billion, and servicing grew from $2.5

Mortgage 370

Mortgage Retail Business Investors 370

Housing Wire

JUNE 14, 2023

The Federal Reserve (Fed) maintained the federal funds rate in the 5% to 5.25% range on Wednesday, following 10 consecutive hikes that brought rates to a level never seen since 2007. However, 60% of these investors bet officials will impose a rate hike at the July 26 meeting. What’s next?

Mortgage 378

Mortgage Real Estate Investors Marketing 378

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. The all-time lows were around 860,000 this year, and the all-time high was a tad over 4 million in 2007. Confused by this? I hear you; let’s dive deeper into today’s report.

Inventory 519

Inventory New Listings Housing Market Sellers 519

Housing Wire

SEPTEMBER 8, 2020

Adopting a “poison pill” strategy, Corelogic approved a shareholder-rights plan that prevents investors from acquiring 10% or more of the company’s common stock, or 20% in the case of certain passive investors. The vote on Nov.

Investing 293

Investing Investors Government Insurance 293

Housing Wire

FEBRUARY 10, 2022

The company also serves “100%” of reverse mortgage investors, according to the sale announcement. While initially beginning operations in 2003, the company of ReverseVision was founded in 2007 by Thomas Martignoni during a time when there were only three primary lenders that were actively offering reverse mortgage loans in the United States.

Development 354

Development Modernization Technology Mortgage 354

BiggerPockets

OCTOBER 4, 2021

Once the housing market started to slide in 2007, smart investors began buying, and waiting, for rock-bottom prices to kick in. Investors were buying homes in some of the best […].

Landlords 66

Landlords Investors Housing Market Marketing 66

Housing Wire

NOVEMBER 2, 2022

economic performance and persistent inflation, the Federal Reserve on Wednesday raised the federal funds rate by another 75 basis points, to 3.75%-4%, launching it to the highest level since December 2007. Amid a surprisingly strong U.S. The issue will be whether inflation continues to clock in above 8%, she said.

Housing Market 412

Housing Market Mortgage Marketing Investors 412

Housing Wire

MAY 13, 2022

McGrath said some lenders, servicers and investors in the secondary market have threatened to stop operating in New York if the legislation is passed as-is. Investors that buy pools of loans – that will be the first domino that we will see fall in New York,” said McGrath.

Law 287

Law Legal Investors Government 287

Housing Wire

MAY 18, 2023

In 2007, for context, we were a tad above 4 million. From NAR : First-time buyers were responsible for 29% of sales in April; Individual investors purchased 17% of homes; All-cash sales accounted for 28% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 22 days.

Housing Market 535

Housing Market Marketing Inventory Mortgage 535

Housing Wire

OCTOBER 23, 2020

Those loans, originated between 2007 and 2011, defaulted and led to claims to the FHA for mortgage insurance. Through Guild Holdings, the lender’s management and the private equity investors planned to issue 8.5 million shares of Class A stock, priced between $17 and $19. It would have raised approximately $153 million.

Mortgage 483

Mortgage Government Retail Lending 483

Housing Wire

NOVEMBER 18, 2022

NAR Research : First-time buyers were responsible for 28% of sales in October; All-cash sales accounted for 26%; Individual investors purchased 16%; Distressed sales represented 1% of sales; Properties typically remained on the market for 21 days in October. million, with a peak in 2007 a tad over 4 million. months to 3.3

Inventory 464

Inventory Marketing Housing Market New Listings 464

Housing Wire

MAY 4, 2022

Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise. The only period when the median sale price was greater than house-buying power was from 2005 through 2007, indicating an overvaluation of housing, or a “housing bubble.”

Housing Market 358

Housing Market Finance Marketing Mortgage 358

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. Securities and Exchange Commission.

Contracts 356

Contracts Lending Investing Investors 356

Housing Wire

OCTOBER 7, 2022

Adding to the global lender’s woes this week was investor speculation on social media questioning the bank’s stability. RMBS market. “… Loans are actively sold to various investors in both whole loan sales and securitized transactions, depending on client appetite. We believe the U.S.

Supply Chain 368

Supply Chain Mortgage Investors Business 368

Housing Wire

JANUARY 24, 2022

It’s worth noting, however, that at its peak, just prior to the housing-market crash in 2007, private-label issuances accounted for nearly 60% of the mortgage-backed securities market, the Urban Institute’s data show. The post Private-label RMBS deals continue their hot streak appeared first on HousingWire.

Mortgage 327

Mortgage Lending Finance Housing Market 327

Housing Wire

MAY 19, 2022

This was a big reason why we saw the monthly supply data pick up in 2006, 2007 and 2008 — all before the job-loss recession happened late in 2008. This created an abnormal amount of foreclosures and short sales, which exploded the supply levels for the existing home sales market.

Housing Market 520

Housing Market Marketing Inventory Realtors 520

Housing Wire

NOVEMBER 10, 2020

Liquidity had dried up and bond investors were running for the hills. It wasn’t that borrowers weren’t performing, it was that the investors didn’t have a broad appetite.”. In January, non-QM loans were arguably the hottest product on the mortgage market and were on a high not seen since 2007.

Business 424

Business Mortgage Investors Loan Officers 424

Housing Wire

SEPTEMBER 22, 2022

Despite the market slowdown, it hardly resembles the subprime mortgage crisis of 2007, loan officers and mortgage brokers said. As rates rise, lenders are struggling to sell in the secondary market as investors are seeking higher yields. By virtually any measure, homeowners today are financially in a strong position.

Mortgage 381

Mortgage Loan Officers Inventory Retail 381

Housing Wire

JUNE 3, 2022

Two past EBO PLS offerings prior to initial Lakeview Trust 2022-EBO1 transaction earlier this year, according to a US Bank trust investor report, also were sponsored by Lakeview — one in 2015 and another in 2021. trillion in 2021 vs. approximately $400 billion in 2007,” KBRA’s ratings report on Lakeview’s latest EBO offering states.

Marketing 372

Marketing Mortgage Insurance Business 372

Housing Wire

OCTOBER 21, 2020

million annualized pace for new construction — the highest level since 2007. Top of mind for servicers will be pursuing the most appropriate loss mitigation strategies for post-forbearance borrowers and investors. He said as builders work to replenish the supply with new homes, the most recent census data shows a 1.1

Mortgage 397

Mortgage Inventory Housing Market Construction 397

Housing Wire

AUGUST 30, 2022

I am not talking about investors; I am talking about primary resident homeowners. Since we never had any exotic loan debt products in the system post-2010, you don’t see foreclosures and bankruptcies rising even as the expansion was moving along like what we saw in 2005, 2006, 2007 and 2008. New listings are declining now.

Inventory 382

Inventory New Listings Law Housing Market 382

Appraisal Buzz

MARCH 25, 2024

The report further reveals that as the number of homes flipped by investors declined, so did flips as a portion of all home sales, from 8.6% in 2021, hitting the worst level since 2007. “In Whether the overall market has soared or seen just modest gains in recent years, investors have missed out on the action.” in 2022 to 8.1%

Renovations 334

Renovations Investors Inventory Sellers 334

Housing Wire

JUNE 21, 2022

Investors provide capital necessary for many families to fulfill their aspirations of living in a house whether renting or owning. Data from John Burns Real Estate Consulting shows that student loan debt has increased 100% since 2007, keeping many renters in place. How can investors help with homeownership?

Investors 399

Investors Renovations Inspection Government 399

Housing Wire

MARCH 22, 2024

Of the 65,656 homes flipped in fourth-quarter 2023, there were a total of 52,701 investors involved, translating to a ratio of 1.25 flips per investor. in 2023, the lowest level posted since 2007. decline from the typical profit of $70,100 in 2022. decline from the typical profit of $70,100 in 2022. in 2022 and 35.7%

Investors 479

Investors Real Estate Investing Marketing 479

Housing Wire

MARCH 21, 2024

In 2007, they were 4 million. From NAR: First-time buyers were responsible for 26% of sales in February; Individual investors purchased 21% of homes; All-cash sales accounted for 33% of transactions; Distressed sales represented 3% of sales; Properties typically remained on the market for 38 days. million units, up 5.9%

Inventory 472

Inventory Housing Market Mortgage Marketing 472

Housing Wire

JANUARY 17, 2024

Fannie Mae and Freddie Mac are in the spotlight again over the role some housing-industry experts say they could play in reducing mortgage rates if they resumed a more active investor role in the mortgage-backed securities (MBS) market. In a market in which supply exceeds demand, investors have the advantage in pricing.

Marketing 362

Marketing Investors Mortgage Finance 362

Listing Spark

JUNE 16, 2023

Focusing on major Texas metro areas like Austin, DFW, Houston, and San Antonio, Aaron discusses important trends and developments that homeowners, investors, and anyone interested in real estate should be aware of. Velocity of home sales is slowing down, inventory is going up.”

Real Estate 36

Real Estate Marketing Inventory Sellers 36

Housing Wire

JANUARY 27, 2023

Back in the 2007-2009 meltdown, we had loan officers with us at that time. We are going to pursue the investor niche aggressively, meeting very specific realtors. After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead.

Lending 379

Lending Real Estate Agent Loan Officers Retail 379

Housing Wire

JUNE 7, 2022

According to the report, institutional investors that jumped into the single-family properties market following the housing market crash in 2007 to convert them to rentals also played a role. The addition of iBuyers in recent years has only increased investor demand.

Inventory 414

Inventory Housing Market Investors Sellers 414

Listing Spark

OCTOBER 27, 2022

The real estate market is ever changing for buyers, sellers, and investors. We’ll dive into how the current real estate market is affecting buyers, sellers, and investors with Ellen Steele, a Realtor with ListingSpark that has had over $10M in sales in the last 12 months. powered by Sounder. Episode overview. Episode highlights.

Real Estate 36

Real Estate Sellers Buyers Real Estate Agent 36

Patch of Land

APRIL 4, 2018

Here are three of the under the radar opportunities that will certainly be of interest to real estate investors: Scranton, PA – 61% average discount off market value. The number of flips rose at the end of 2017 to the highest rate since 2007. Utica, NY – 57% average discount off market value. 4 Cities where Flipping Activity is Low.

Market Value 33

Market Value Renovations Real Estate Inventory 33

Housing Wire

JANUARY 27, 2023

So, as the 10-year yield has fallen along with mortgage rates, investors are anticipating the builders can sell more of their products once they’re ready to be moved into. The builders actually lucked out here because back in 2007, we had over 4 million active listings of existing home, which are usually cheaper than comparable new homes.

Mortgage 542

Mortgage Construction Buyers Inventory 542

Housing Wire

DECEMBER 20, 2023

From NAR : First-time buyers were responsible for 31% of sales in November; Individual investors purchased 18% of homes; All-cash sales accounted for 27% of transactions; Distressed sales represented 1% of sales; Properties typically remained on the market for 25 days. So, let’s not make that mistake in 2024. Unsold inventory sits at a 3.5-month

Housing Market 443

Housing Market Marketing Inventory Realtors 443

Housing Wire

MAY 3, 2023

The Federal Reserve (Fed) raised its key federal funds rate for the 10th consecutive time, announcing a 0.25% rate hike Wednesday to 5% to 5.25%, a level they have not reached since 2007. ” The Fed reiterated that it would continue to reduce its holdings of Treasury securities, agency debt and agency-backed mortgage-backed securities.

Real Estate Agent 379

Real Estate Agent Inventory Loan Officers Mortgage 379