Housing Wire

JULY 5, 2022

The acquisition of Portland, Oregon-based Riverbend and its subsidiaries, announced originally in late April, is expected to fit in well with Redwood’s existing business-purpose lending platform, CoreVest. Over the last 12 months, Riverbend [founded in 2017] has originated over $1.0 The company employs more than 50 people.

Finance 357

Finance Renovations Real Estate Investors 357

Housing Wire

AUGUST 16, 2022

Additionally, all these businesses had a minimum revenue of $100,000 in 2018 and $2 million last year. Trius Lending, a local direct and hard-money lender specializing in residential investment, attributed its rapid success to customizing to investors’ needs. Magazine ‘s 5,000 fastest-growing companies in the U.S.

Mortgage 362

Mortgage Lending Investors Brokerage 362

Housing Wire

MARCH 2, 2023

We continue investing in tech while it’s not that crazy busy. While investor bonds were scarce, A&D securitized its loans and sold the bonds, leading to seven securitization deals in 2022. Our credit committee actually works with rating agencies, investors and investment bankers to put together our own guidelines.

Mortgage 385

Mortgage Investors Development Investing 385

Appraisal Buzz

OCTOBER 25, 2021

Founded in 2017, ServiceMac is an independent mortgage subservicer for lenders, investors and other mortgage servicers. “We ServiceMac’s rapid growth, innovative technology and business leadership align well with. First American Financial Corp. , We are pleased to welcome ServiceMac to the First American family,” says Dennis J.

Insurance 195

Insurance Real Estate Investors Technology 195

Housing Wire

NOVEMBER 13, 2023

However, when adjusting for the extra business day, volume fell 4%. FHA market share is now at the highest level seen since 2017. The mortgage rate spread to Treasuries also grew in October as investors sought safe-haven assets amongst geopolitical concerns in Europe and the Middle East. month over month.

Mortgage 350

Mortgage Investors Marketing Business 350

Housing Wire

JANUARY 27, 2023

California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. A lender with $624.6 I thought it was sparse.

Lending 359

Lending Real Estate Agent Loan Officers Retail 359

Housing Wire

OCTOBER 13, 2021

Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said. The company ceased operations in July 2017 after years of declining volumes. The originations went from $14.1

Mortgage 282

Mortgage Investors Investing Technology 282

Housing Wire

APRIL 1, 2024

When Hometap launched in 2017, the Boston-based fintech offered an unorthodox answer to this question for homeowners looking for an alternative to a loan. More securitizations, more availability of securitized investors’ capital, and eventually the ratings that have now come to the market are likely to drive down the cost of financing.

Finance 370

Finance Investing Real Estate Agent Real Estate 370

Housing Wire

OCTOBER 26, 2020

ServiceMac was founded in 2017 as an independent subservicer, offering lenders, investors and other mortgage servicers personalized solutions that span the mortgage life cycle, enhancing security, customer satisfaction, retention capabilities and profitability, the company said. Presented by: Total Expert.

Technology 395

Technology Insurance Real Estate Mortgage 395

Housing Wire

NOVEMBER 18, 2022

Black Knight agreed to sell its TitlePoint business unit to former parent company Fidelity National Financial for $225 million in cash. In 2017, FNFs stake in Black Knight was distributed to Black Knight’s shareholders.). “In and is used by title insurance underwriters, title agents and closing attorneys. .

Insurance 373

Insurance Investors Mortgage Technology 373

Housing Wire

SEPTEMBER 2, 2022

I loved reading about the growth that eXp Realty has had from 2017-2021 and the exposure they’re getting because of it. I’ve been an entrepreneur since I was 8 years old, running a pool cleaning business, believe it or not. Now, I’m on to my 12th business, and along the way, I’ve failed more than I’ve succeeded.

Brokerage 342

Brokerage Real Estate Realty Investors 342

Housing Wire

SEPTEMBER 1, 2020

The financial firm is leading a syndicate of investors in a $300 million minority investment in Tricon Residential , which owns and manages more than 30,000 single family and multifamily rental homes in the U.S. ” Blackstone’s re-entry comes just months after it sold its stake in Invitation Homes , which it brought public in 2017.

Real Estate 464

Real Estate Investing Business Government 464

Housing Wire

OCTOBER 13, 2020

The lender and servicer, owned by the Blackstone Group’s Tactical Opportunities business, is slated to go public in the first half of 2021 through a special purpose acquisition company at a $1.9 Finance of America, says its collection of companies has originated over $65 billion in loans since 2017. billion valuation. It has sent $16.2

Finance 471

Finance Lending Retail Investing 471

Housing Wire

OCTOBER 9, 2023

Things went wrong more often when using unfamiliar title and escrow companies, Campbell and his business partners reasoned. To qualify for the safe harbor, an affiliated-business arrangement must meet three statutory conditions,” the authors argue. Why not create one entity to ensure a smoother process? Section 31-5031.15 of the D.C.

Real Estate 425

Real Estate Insurance Brokerage Real Estate Agent 425

Housing Wire

MAY 31, 2022

Another, though, is fading enthusiasm from investors and IPO underwriters that a company can upend the notoriously fragmented residential real estate industry. The recent brokerage IPO wave started with Redfin in 2017. The company’s stock began trading at $22 a share in 2017 and zoomed to a $76 share price last February.

Real Estate 352

Real Estate Brokerage Realty Valuation 352

Housing Wire

NOVEMBER 9, 2020

It became very obvious that you had this segment of real estate professionals that was unlike most others,” said Gal, who launched San Francisco-based Side in 2017 with Edward Wu and Hilary Saunders. HW : Let’s go over your business model. Guy Gal CEO at Side. Guy Gal CEO at Side. “It Across the country today, there are roughly 1.4

Real Estate Agent 391

Real Estate Agent Real Estate Agents Brokerage 391

Housing Wire

JANUARY 11, 2024

I think you will agree that our primary focus must be on furthering the business of the association which means we are fully engages on the legal, business and advocacy challenges that are top priority to you and the clients that you serve.” Deval Patrick and again in 2019 by Gov. Charlie Baker.

Realtors 355

Realtors Real Estate Legal Law 355

Housing Wire

JULY 17, 2023

Most of today’s mortgage industry leadership, whether it be an employee, an executive, or even a business affiliate, have had a connection or roots with Angelo and Countrywide. “On Sunday I met a mortgage broker from a town near Troy, Michigan who told me that he does all of his business with Countrywide. Phyllis died in 2017.

Lending 348

Lending Mortgage Business Government 348

Housing Wire

SEPTEMBER 23, 2022

This point was highlighted recently in a Freddie Mac report dated June 6, 2022, which concluded, “investor purchases are only modestly elevated and are of secondary importance to first-time buyers,” and that corporate owners “remain so small that their market share only has a modest impact on the overall percentage of investors.”.

Inventory 320

Inventory Housing Market Investors Investing 320

Housing Wire

SEPTEMBER 10, 2021

Accomplice led the round with participation from repeat Orchard investors FirstMark , Revolution Growth , First American , Juxtapose and a syndicate of new investors. Since its launch in 2017, Orchard has raised $255 million in total equity. Last year, the company completed a $69 million series C funding round.

Lending 359

Lending Insurance Investors Real Estate 359

Housing Wire

MARCH 14, 2022

More expensive money also meant fewer investors holding homes so inventory would climb too. From September 2017 through November 2018, the 30-year mortgage rate rose from 3.8% In the 2010s, as interest rates remained low, more and more Americans became real estate investors, and available inventory of homes for sale dropped every year.

Housing Market 457

Housing Market Marketing Inventory Investors 457

Housing Wire

NOVEMBER 23, 2021

Just shy of a year ago, Interfirst announced that it would be opening an office in Charlotte to serve as a second headquarters for the company’s wholesale business. In 2017, after years of plummeting volumes, the company, led by CEO Dmitry Godin, decided to shutter its business, only to relaunch in 2020.

Mortgage 353

Mortgage Loan Officers Retail Technology 353

Housing Wire

JANUARY 13, 2023

In addition, secondary market investors continue to show interest in well-underwritten, higher-rate loans secured by single-family rental properties. It looks to be about 50% investor properties,” Ben Hunsaker said of the planned NRMLT offering. Still, it’s far from all good news for nonbank lenders. million unemployed people.

Marketing 399

Marketing Investing Investors Landlords 399

Housing Wire

NOVEMBER 23, 2022

While it is true that many nonbanks entered this downturn with a large war chest of cash and capital, this is more than offset by the impact of warehouse and investor covenants, which are causing lenders to move expeditiously to cut costs,” Jim Cameron, Stratmor Group ’s senior partner, wrote in a report published this week. “In

Marketing 330

Marketing Loan Officers Business Mortgage 330

Housing Wire

DECEMBER 1, 2020

Co-founded in 2017 by Bryan Young and Steven Better, the company cobbled together seed money from grants, capital investors and an additional donation from Young’s previous businesses in an effort to “decentralize the application process.”. LOs are only human — Tech is necessary to keep up with max loan volumes.

Mortgage 275

Mortgage Lending Technology Investors 275

Housing Wire

SEPTEMBER 15, 2021

The proposed amendments “would better reflect the risks inherent in the Enterprises’ business models and encourage the Enterprises to distribute acquired credit risk to private investors rather than to buy and hold that risk,” the FHFA’s outline states. The amendments would: 1.

Investors 282

Investors Business Mortgage 282

Housing Wire

JANUARY 15, 2021

The company’s mortgage business grew nearly 50% month-over-month in the fourth quarter, and Figure expects further growth in 2021, it said. The company has applied for a national bank charter that would permit it to take uninsured deposits of over $250,000 from accredited investors, but not FDIC-insured deposits.

Lending 247

Lending Technology Finance Insurance 247

Housing Wire

JANUARY 19, 2022

John is one of my favorite people in the business,” said Frederick Warburg Peters , CEO of Coldwell Banker Warburg. “He Fueled by venture capital money, Gal started Side in 2017 as a white label brokerage that would recruit well-established, high performing agents. real estate. He is smart, ethical and generous of spirit.

Brokerage 346

Brokerage Real Estate Agents Valuation 346

Housing Wire

JANUARY 13, 2021

The founder and CEO of Guaranteed Rate , which originated $73 billion in mortgages last year, has made joint ventures and acquisitions a cornerstone of his growing business. In 2017, Guaranteed Rate struck a deal with the largest real estate brokerage conglomerate in the country, Realogy , to form a landmark joint venture.

Brokerage 310

Brokerage Retail Real Estate Investors 310

Housing Wire

OCTOBER 9, 2020

It makes for exciting – and uneasy – times for lenders, investors and policy makers, panelists said at HousingWire Annual on Thursday. “This is where the rubber hits the road between the lender, the investor and the policy maker.” As recently as 2017, it was over 50%.

Marketing 370

Marketing Investors Technology Loan Officers 370

Housing Wire

MAY 19, 2021

From an economic perspective, the government acted boldly to support households and businesses through the crisis with monetary and fiscal stimulus. Distributional Impact of the 2017 TCJA. The TCJA included an exemption for MSRs to recognize this important aspect of lenders’ businesses. Government budget and tax statistics.

Housing Market 481

Housing Market Marketing Real Estate Government 481

Housing Wire

SEPTEMBER 7, 2022

investors for purchase. IPO to continue developing its business operations in Japan, to expand a startup online listing network and for general corporate purposes. The company initially expanded into the United States in 2017 with the launching of a Dallas-based subsidiary now called Lead Real Estate Global Co. stock exchange.

Development 316

Development Real Estate Luxury Properties Construction 316

Housing Wire

FEBRUARY 11, 2021

In its prospectus, loanDepot spoke of its partner business , which includes third-party-originations via mortgage brokers and real estate agents, as well as joint-ventures with builders and other referral partners. As of early Thursday afternoon, investors seem to have responded well to loanDepot’s downsizing approach.

Retail 396

Retail Real Estate Agent Finance Mortgage 396

The Robert Weiler Company

OCTOBER 15, 2021

Also, find out what benefits the new tax bill brought to the commercial real estate industry, particularly for Ohio investors; these benefits might motivate you to make that buy decision quicker than you thought! Due Diligence Checklist: A Newbie (or Seasoned) Investor’s Best Friend. Ready to Embark on Your Investment Journey?

Investing 138

Investing Real Estate Tenants Investors 138

Housing Wire

JULY 13, 2021

It’s part of their business model.”. Guaranteed Rate and Realogy teamed up for a mortgage origination joint venture when the pair launched Guaranteed Rate Affinity in 2017. “It’s not surprising,” said Bose George, managing director at Keefe, Bruyette, & Woods. Guaranteed Rate has a similar JV with Realogy. Guaranteed Rate’s $73.9

Brokerage 293

Brokerage Real Estate Agents Clients 293

Patch of Land

NOVEMBER 8, 2017

Dallas’ red hot housing market presents exciting opportunities for real estate investors. The top ranked business climate in Texas ensures a steady flow of jobs and a robust housing pipeline that will provide investment opportunities for years to come. Texas is famous for being extremely friendly to business. This added $18.7

Real Estate 28

Real Estate Investors Housing Market Investing 28

Listing Spark

FEBRUARY 27, 2024

Margins are tightening for businesses all throughout the real estate industry, and property investors are also squeezed by rising property, renovation, and service costs. It does mean that investors should carefully consider the properties they invest in and all the tools and services they use to make business happen.

Investing 36

Investing Tools Real Estate Investors 36