Remove 2022 Remove Contracts Remove Investors Remove Tools
article thumbnail

What’s influencing the increase in REO acquisitions?

Housing Wire

HousingWire: According to ATTOM Data Solutions‘ latest foreclosure market report, bank repossessions climbed 9% in the first half of 2023 compared to the first half of 2022. Michael Chew: First, consider the first half of 2022; some areas were still dealing with or just coming out of pandemic -related foreclosure moratoriums and restrictions.

Inventory 414
article thumbnail

These LOs are TikTok sensations. They call a potential ban “unfortunate”

Housing Wire

Meanwhile, investors are taking steps to acquire the business. For instance, former Treasury Secretary Steven Mnuchin — who recently injected capital into Flagstar Bank ’s struggling owner, New York Community Bancorp — announced his intention to form an investor group to purchase the video app. “In

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Modern House Flipping Software: 8 Innovative Tools You Need

Listing Spark

This trend changes the landscape for real estate investors and house flippers. For people who want to try house flipping as a new real estate investor, there’s an opportunity in the market. Both types of investors can benefit from an increasingly wide segment of the tech sector that has built up to serve house flippers.

Tools 36
article thumbnail

Agency MBS market is facing a supply-side threat

Housing Wire

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. to 4.75% range, up from 0.25% a year ago.

Marketing 380
article thumbnail

Mortgage refis are dead. Can Blend weather the storm?

Housing Wire

But can Ghamsari play a winning hand when his software business is inextricably tied to the success of the mortgage industry, which is expected to contract by 35% or more in 2022? million in 2020 during the refi-boom and with the market headed into a correction, executives warned investors revenue would plummet. Right again.

Mortgage 386
article thumbnail

How to Best Search for Land to Buy in Ohio [2022]

The Robert Weiler Company

Land investors choose land to buy in Ohio for many reasons. Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. With a land contract, the seller provides the land buyer with the loan, instead of an institution. What Should I Consider When Buying Land?

article thumbnail

We read Compass’s 10K so you don’t have to

Housing Wire

Meanwhile, Compass is fending off with a stick trade secret lawsuits from brokerages, and even breach of contract cases from Compass’s own agents. And agents who work at Compass say the brokerage gives them tools to be productive. million in a company for which it owns 49.9%, though this number could swell in 2022.

Brokerage 345