Housing Wire

AUGUST 21, 2023

126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry. Other established names to make the Inc. 4,105 FirstCloseFirstclose.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

AUGUST 16, 2022

335), Trius Lending Partners (no. Trius Lending, a local direct and hard-money lender specializing in residential investment, attributed its rapid success to customizing to investors’ needs. According to the firm, the core business at Trius Lending is residential rentals or properties for fix-and-flip.

Mortgage 362

Mortgage Lending Investors Brokerage 362

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

APRIL 28, 2022

While digital asset investment has skyrocketed, many investors are still unable to use their cryptocurrency holdings to directly fund the most important purchases in life, like property,” Bill Barhydt, Abra’s CEO, said in a statement. . Founded in 2017, LoanSnap originated about $7.3 Founded in 2017, LoanSnap originated about $7.3

Mortgage 361

Mortgage Real Estate Real Estate Agent Investing 361

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. It also launched its lending division, Orchard Home Loans, in July. Its rival, Knock , shifted its focus to lending around the same time.

Lending 359

Lending Insurance Investors Real Estate 359

Housing Wire

JULY 17, 2023

Mozilo avoided working with subprime loans until the late 1990s, when after noticing that his firm was losing business to competitors, Countywide embraced the type of subprime mortgage lending that eventually led to the housing crisis in 2008. Phyllis died in 2017. And they did it at a massive scale.

Lending 348

Lending Mortgage Business Government 348

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 and former U.S.

Mortgage 282

Mortgage Investors Investing Technology 282

Housing Wire

OCTOBER 13, 2020

End-to-end lending and services platform Finance of America Capital is the latest mortgage company to get in on the mushrooming IPO craze. Finance of America, says its collection of companies has originated over $65 billion in loans since 2017. billion valuation.

Finance 471

Finance Lending Retail Investing 471

Housing Wire

FEBRUARY 8, 2024

Before that, he spent nearly a year as EVP of direct lending at Go Mortgage and served for eight years as president of consumer direct at Lending.com , a Finance of America company. “We Over time, it got involved in other asset classes, such as single-family rental properties and commercial real estate lending.

Business 308

Business Investing Real Estate Advertising 308

Housing Wire

MARCH 2, 2023

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. The lender securitized four deals in 2021.

Mortgage 385

Mortgage Investors Development Investing 385

Housing Wire

DECEMBER 1, 2020

Flagstar Bank and the FinTech Consortium revealed that fintech startups Home Lending Pal , Stavvy and Real Key are the latest initiates to the companies’ ongoing MortgageTech Accelerator program. Prior the recent release of companies, Flagstar had taken under its wing Home Captain , Brace , and boost.ai which have since completed the program.

Mortgage 275

Mortgage Lending Technology Investors 275

Housing Wire

NOVEMBER 23, 2021

To run the hub, the company hired Casey Nunn, a former Rocket Mortgage and Homepoint executive, as the vice president of wholesale lending. 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

MARCH 29, 2022

And if these agencies were to find that a merger ran counter to public interest because of a bank’s discriminatory lending practices, it’s not likely anyone would know about it. And HUD can bring lawsuits claiming bias in mortgage lending. The law also required banks to lend within their communities. But there was a catch.

Lending 350

Lending Government Law Mortgage 350

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%. Do you penalize an entire company?

Marketing 370

Marketing Investors Technology Loan Officers 370

Housing Wire

OCTOBER 9, 2023

Campbell is now something of a JV guru, having completed over 80 joint ventures with real estate or lending firms. I think it is being pushed by competitors who don’t like the business model of going out and getting investors who are your referral sources.” Why not create one entity to ensure a smoother process?

Real Estate 425

Real Estate Insurance Brokerage Real Estate Agent 425

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

JANUARY 13, 2021

In 2017, Guaranteed Rate struck a deal with the largest real estate brokerage conglomerate in the country, Realogy , to form a landmark joint venture. 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.

Brokerage 310

Brokerage Retail Real Estate Investors 310

Housing Wire

MARCH 15, 2022

Investors will need to quantify and charge for the risk that they will be held accountable for [with respect to] the acts of third-party servicers …,” he said. “It The CFPB sued the student loan trusts in 2017, claiming they engaged in prohibited debt-collection and litigation practices. Court of Appeals for the Third Circuit.

Legal 364

Legal Law Investors Finance 364

Patch of Land

OCTOBER 26, 2018

But, investors continue to find deals and set records while increasingly tapping the debt markets to finance their flips. This new breed of lender is often found online, where borrowers get introduced to lending platforms that use sophisticated algorithms to determine if a potential borrower is a good credit risk.

Finance 31

Finance Investors Real Estate Construction 31

Housing Wire

APRIL 1, 2021

The tax hike would essentially roll back tax cuts from former President Donald Trump’s 2017 bill, which capped the amount of state and local taxes (SALT) that could be deducted from federal income taxes at $10,000. Presented by: Sagent Lending Technologies.

Government 323

Government Logistics Investing Technology 323

Housing Wire

JULY 13, 2021

Guaranteed Rate and Realogy teamed up for a mortgage origination joint venture when the pair launched Guaranteed Rate Affinity in 2017. Guaranteed Rate, on the other hand, is among the few top-15 lenders that’s not publicly traded, despite having well-heeled institutional investors like Blackstone Group. Guaranteed Rate’s $73.9

Brokerage 293

Brokerage Real Estate Agents Clients 293

Housing Wire

MAY 25, 2021

A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry. And appraisal waivers would be informed, not blind.

Appraisal 313

Appraisal Valuation Real Estate Modernization 313

Housing Wire

MAY 19, 2021

federal budget, particularly on the revenue side, and of overviews of the 2017 Tax Cuts and Jobs Act (TCJA) and President Biden’s tax plans and the two 2021 proposals: The American Jobs Plan and The American Families Plan. Distributional Impact of the 2017 TCJA. Government budget and tax statistics.

Housing Market 481

Housing Market Marketing Real Estate Government 481

Housing Wire

MARCH 23, 2022

Compared to the existing home sales marketplace, it doesn’t have a high cash buyer or investor buyer profile. Could you imagine this housing market if we eased lending standards? I would be protesting in front of Congress and speaking at congressional hearings if lending standards were reduced. From Census: The seasonally?adjusted

Mortgage 440

Mortgage Inventory Housing Market Construction 440

Patch of Land

APRIL 17, 2018

Home flipping rose in 2017 to its highest level since 2006 and the percentage of flips using financing also reached a nine-year high. single-family homes and condos were flipped in 2017, up 1% over 2016 numbers. The total dollar volume of financed home flip purchases reached an 11-year high in 2017 — $16.1 billion, up from $12.7

Finance 39

Finance Investors Real Estate Retail 39

Patch of Land

SEPTEMBER 25, 2017

Los Angeles, California, September 25, 2017 ( Newswire.com ) - Patch of Land, a leading online real estate lending marketplace engineered to help real estate investors build wealth and generate cash-flow, has introduced AutoInvest.

Real Estate 28

Real Estate Investors Investing Technology 28

Patch of Land

OCTOBER 5, 2018

Congress has opportunities to address some of the challenges financial technology firms face in the lending sector. The pace of financial technology innovation in the alternative lending space is nothing short of phenomenal, but it has meant headaches for lenders and vendors waiting for regulation to play catch-up.

Lending 35

Lending Law Technology Investors 35

Patch of Land

OCTOBER 16, 2018

As the 2018 house flipping report from research firm ATTOM Data Solutions shows, completed house flips in 2017 yielded an average gross profit of $68,143, representing a 49.8% In fact, the 2017 gross profit number was up 5% from the previous year’s $64,900 and represents a new all-time high. return on investment.

Investing 45

Investing Inventory Housing Market Contracts 45

Lamacchia Realty

MARCH 7, 2022

February 2022 Winners of the Top 10 for the Company are: Cyndi Deshaies received her real estate license in March 2017. Click here to learn more about Cyndi: Cyndi Deshaies Susan Seghir began in Real Estate as an investor in Worcester county and transitioned into being an agent a few years ago.

Realtors 74

Realtors Realty Real Estate Clients 74

Patch of Land

NOVEMBER 14, 2018

When research firm ATTOM Data Solutions analyzed more than 18 million sales of both condos and single-family residences over the previous five years (2013-2017), they found that during this time period there were only 10 days of the year during which buyers could find average home prices below estimated market value.

Market Value 48

Market Value Buyers Lending Real Estate 48

Will Springer Realtor

JANUARY 9, 2024

The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024. The Fed’s revised lending forecast sparked a celebratory mood among investors, particularly those tracking U.S.

Mortgage 36

Mortgage Real Estate Law Lending 36

Clear Capital

SEPTEMBER 29, 2021

” This has been a very hot and important topic within the lending space for the last year or so, we’ve talked about it on this podcast before Kenon. And you should not be competing against 25 different investors. My professional background is out of finance and lending. And so that was like the origin story.

Sellers 69

Sellers Agents Real Estate Buyers 69

Clear Capital

NOVEMBER 30, 2021

They are a digital lending platform. And sort of like came to the US in 2017 with like, a certain idea. In fact, I mean, it seems like you’ve been able to inspire investors — you just closed on your series B. So we, we got a lot of great investors involved. But that’s mobile first. Congratulations!

Landlords 69

Landlords Real Estate Tenants Investing 69