Housing Wire

MAY 23, 2024

In Economics 101, the increase in interest rates should have been coexisting with a decrease in demand,“ Todman said in an interview with HousingWire this week during the Mortgage Bankers Association ’s (MBA) Secondary and Capital Markets Conference. But they face competition from large institutional investors in the housing market.

Renovations 307

Renovations Investors Housing Market Law 307

Housing Wire

FEBRUARY 21, 2024

“Today’s sellers want to work with real estate agents who offer added value, including the ability to get their home market-ready and spruced up without having to pay upfront,” said Olivia Mariani, CMO at Curbio. “We Founded in 2017, Curbio is based in Potomac, Md. markets, according to the page.

Home Improvement 372

Home Improvement Realtors Real Estate Agent Inspection 372

Housing Wire

NOVEMBER 14, 2023

Collabra Technology , a real estate marketing and analytics firm, has appointed former Bright MLS executive David Charron to its board of directors, the company announced on Monday. In 2017, MRIS merged with TREND to form Bright MLS. For 16 years, Charron was the president and CEO of MRIS , a major multiple listing service. ”

Real Estate 319

Real Estate Realtors Investors Technology 319

Housing Wire

OCTOBER 25, 2022

The single-family rental market boomed during the pandemic as households sought more space in the suburbs and investors capitalized on low interest rates. Home prices are expected to fall in many housing markets over the next year. If we do see the market change in a way that’s favorable for us, we can take advantage of that.”.

Investors 315

Investors Brokerage Housing Market Marketing 315

Housing Wire

OCTOBER 9, 2020

Changes to capital markets have been fast and furious over the last year in housing. 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.”

Marketing 370

Marketing Investors Technology Loan Officers 370

Housing Wire

NOVEMBER 13, 2023

Both purchase and refinance volumes continued to wane in the face of the highest mortgage rates in over two decades, according to Optimal Blue’ s originations market monitor report. The lost market share was primarily picked up by FHA production, which rose to 22% of total volume. month over month.

Mortgage 351

Mortgage Investors Marketing Business 351

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. The home equity investment is a new concept for many homeowners and is still small compared to the size of the traditional mortgage market. The annual investment volume in the U.S.

Finance 372

Finance Investing Real Estate Agent Real Estate 372

Housing Wire

NOVEMBER 23, 2022

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. Nonbanks have more than 60% market share of mortgage industry production — and they are more likely than banks to move quickly to reduce capacity.

Marketing 332

Marketing Loan Officers Business Mortgage 332

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

JULY 5, 2022

CoreVest provides financing to real estate investors across the country and as of late June boasted more than $15 billion in loans closed and some 125,000 units financed, according to the lender. Over the last 12 months, Riverbend [founded in 2017] has originated over $1.0 The company employs more than 50 people.

Finance 359

Finance Renovations Real Estate Investors 359

Housing Wire

MAY 2, 2022

Adjustable-rate mortgages, which typically have lower interest rates than fixed-rate mortgages, have become an attractive option for borrowers in a challenging housing market. in December to about 8% in March – the highest share since 2017. Markets in a third of the country are now the least affordable they’ve ever been.

Housing Market 414

Housing Market Mortgage Investors Finance 414

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 362

Mortgage Real Estate Real Estate Agent Investing 362

Housing Wire

NOVEMBER 18, 2022

In 2017, FNFs stake in Black Knight was distributed to Black Knight’s shareholders.). “In The deal was quickly met with resistance from trade groups and investors voicing antitrust issues – the two giant suppliers of mortgage loan origination software would harm competition in the mortgage tech solutions market.

Insurance 374

Insurance Investors Mortgage Technology 374

Housing Wire

MARCH 2, 2023

billion, largely due to improvement in tech that helped pick up market share from competitors, Max Slyusarchuk, CEO of A&D Mortgage, said in an interview with HousingWire. “We While investor bonds were scarce, A&D securitized its loans and sold the bonds, leading to seven securitization deals in 2022.

Mortgage 385

Mortgage Investors Development Investing 385

Housing Wire

JULY 29, 2022

That’s what a congressional subcommittee said happened between Fannie Mae and Invitation Homes , the single-family rental landlord that in 2017 got a $1 billion interest-only 10-year loan from the government-sponsored enterprise. Imagine getting a $1 billion, interest-only loan and later lying to your creditor.

Landlords 356

Landlords Tenants Government Finance 356

Housing Wire

MAY 31, 2022

“I would largely chalk up any shelving of plans to go public to the macro backdrop including stock market volatility, recession fears and slowing housing,” said Thomas McJoynt, an equity research analyst at Keefe, Bruyette & Woods who focuses upon real estate and mortgage companies. But no one has really managed to make a big dent.”.

Real Estate 353

Real Estate Brokerage Realty Valuation 353

Housing Wire

SEPTEMBER 23, 2022

A recent article, “Stop subsidizing Wall Street buying up homes,” perpetuates an uninformed stereotype of single-family rental home companies while revealing a serious neglect for the important contributions industry firms bring to today’s housing market. Rather, large companies own less than 1.5% of the nation’s total housing inventory.

Inventory 321

Inventory Housing Market Investors Investing 321

Housing Wire

JANUARY 27, 2023

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. JVM, which has also had a market presence in Texas since 2017, saw opportunity for investment properties and plans to capitalize on the growing market.

Lending 361

Lending Real Estate Agent Loan Officers Retail 361

Housing Wire

JULY 17, 2023

With MRAs, however, variations on the concept “are under early-stage development by retail mortgage lenders and the secondary market actors Fannie Mae and Freddie Mac,” the report explained.

Mortgage 330

Mortgage Tools Insurance Development 330

Housing Wire

MARCH 31, 2023

This small business loan census will give the public key data on this market to ensure that banks and nonbanks are serving small businesses fairly.” “Many local businesses were shuttered during the COVID-19 pandemic after they struggled to obtain credit under the Paycheck Protection Program,” Chopra said.

Lending 306

Lending Business Government Design 306

Housing Wire

MARCH 3, 2022

This separation is important for the market. In essence, it means that the investor in a securitization deal is analyzing two things — one, the credit worthiness of the underlying assets and, two, the operational capacity of the deal structure to collect and remit according to the outlined requirements. . They fulfill cash flows.

Investors 297

Investors Legal Architecture Investing 297

Housing Wire

MARCH 17, 2023

to plead guilty for filing false securities statements in a $69 million securities fraud case that stems from its 2017 initial public offering ( IPO ) and its annual filings in 2018 and 2019. Department of Justice ( DOJ ) announced this week that it has secured a commitment from Southfield, Michigan-based Sterling Bancorp, Inc.

Loan Officers 322

Loan Officers Law Investors Mortgage 322

Housing Wire

OCTOBER 20, 2022

This coincides with a decrease in gross profits during that time, with the typical single-family home and condo sale dropping 6% to $120,100, representing the largest quarterly decrease since early 2017. This has resulted in a growing supply of homes for sale, and in turn pushed home prices down (though not in every market).

Sellers 367

Sellers Investing Housing Market Real Estate 367

Housing Wire

AUGUST 27, 2020

Ryan has been a fix-and-flip investor for the past 10 years, investing in over 30 properties during that time. As a real estate investor, Ryan saw a glaring need for standardization and quality control in yard care, especially for real estate agents, landlords, or property managers dealing with multiple homes at once.

Real Estate 466

Real Estate Technology Real Estate Agent Landlords 466

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. Since its launch in 2017, Orchard has raised $255 million in total equity.

Lending 360

Lending Insurance Investors Real Estate 360

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

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. 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

APRIL 29, 2021

trillion spending plan that would eliminate a “special real estate tax break” for certain investors. A 1031 exchange allows real estate investors to defer capital gains taxes by funneling the proceeds from a sold property into a new one. COVID-19 response.

Investors 403

Investors Real Estate Law Buyers 403

Housing Wire

FEBRUARY 7, 2023

Like its peers, loanDepot is struggling amid a contracting mortgage market. Per a stockholders agreement, Hsieh has previously committed to vote for a representative of Parthenon, a major investor, as a company director. The California-based lender reported a $137.5 billion in mortgages in the fourth quarter, though.

Real Estate 297

Real Estate Legal Contracts Mortgage 297

Housing Wire

JANUARY 15, 2021

We hope to build on our 2020 momentum, both in volume and in bringing blockchain into the mortgage market.”. 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. How 2020 continues to impact mortgage closings.

Lending 248

Lending Technology Finance Insurance 248

Housing Wire

FEBRUARY 11, 2021

LoanDepot has demonstrated it can harvest leads through its “mello” technology platform and close with a direct-to-consumer approach, but such a strategy has limitations when interest rates rise and the purchase market is more viable. In 2017, the company revived plans for an IPO but didn’t take the plunge. as of 12:34 p.m.

Retail 397

Retail Real Estate Agent Finance Mortgage 397

Housing Wire

OCTOBER 9, 2023

They are asking how an investor only invested $2,000, but is getting a $5,000 dividend last quarter, and you could say the same thing about the early investors in Microsoft or Facebook who bought shares for $100 that are now worth thousands of dollars,” Riley said. “I

Real Estate 425

Real Estate Insurance Brokerage Real Estate Agent 425

Housing Wire

MAY 6, 2022

District Court judge in Wilmington, Delaware, put the structured-finance industry on high alert because of the serious legal and financial implications it poses for the private-label securities (PLS) market. Mortgage securitizations in the PLS market have a similar structure. The fate of the litigation is now in the hands of the U.S.

Legal 378

Legal Finance Construction Investors 378

Housing Wire

SEPTEMBER 7, 2022

stock market. investors for purchase. Lead Real Estate (LRE) seeks to have its ADS securities listed on the NASDAQ Global Market exchange. 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. ADS are shares of non-U.S.

Development 318

Development Real Estate Luxury Properties Construction 318

Housing Wire

JANUARY 19, 2022

“Wollberg will support and guide Side agent partners as the company expands its unique brokerage-as-a-service model into New York,” reads a Side press release Tuesday, which also notes: “Wollberg brings to the role over 35 years of experience in residential real estate and expansive knowledge of the Manhattan market.”.

Brokerage 347

Brokerage Real Estate Agents Valuation 347

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

Birmingham Appraisal

MAY 11, 2022

So How’s The Birmingham Housing Market? We’ll take a look at some key metrics including sales volume, median sales price trends, days on market, the sale price to list price ratio, active listings, and months of supply. The number of homes sold is a key indicator of market activity. Days on Market.

Housing Market 52

Housing Market Marketing Inventory Buyers 52