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Remodeling Market Expected to Hit $4.9 Trillion by 2027

Appraisal Buzz

Trillion by 2027 appeared first on theMReport.com. Trillion by 2027 appeared first on Appraisal Buzz. A report by Global Market Insights, a Delaware-based market research and consulting firm, found that the current worldwide remodeling market is worth about $3.8 The post Remodeling Market Expected to Hit $4.9

Marketing 195
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FHFA Seeks Public Input on the GSEs’ Underserved Markets Plans

Appraisal Buzz

The Federal Housing Finance Agency (FHFA) is seeking public feedback on the proposed 2025-2027 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac under the Duty to Serve (DTS) program. The proposed Plans cover the period from January 1, 2025, to December 31, 2027.

Marketing 369
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Douglas Elliman settles the commission lawsuits

Housing Wire

31, 2027, then Douglas Elliman will not be responsible for either of the Contingent Payments.” It will then make two payments of $5 million each, which are subject to certain financial contingencies, no later than Dec. million, or if Douglas Elliman’s Cash Balance is less than $40.0 million as of Dec. million at any point from Dec.

Brokerage 435
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Under stress, loanDepot ‘buys time’ with plan to extend $500M debt

Housing Wire

Between now and the end of 2027, I think most market participants expect conditions to improve.” loanDepot subsidiary LD Holdings Group LLC announced on June 4 that it amended the terms of its previously commenced offer to exchange senior notes of 6.5% due in 2025 for newly senior secured notes due on Nov.

Mortgage 453
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Success Mortgage CEO nominated as MBA vice chairman

Housing Wire

MBA bylaws dictate that Lee is expected to become chairman-elect after serving one year in his vice chairman role and would become chairman in 2027. Lee will formally ascend to his new role in October at the association’s annual conference, which takes place in Denver.

Mortgage 418
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loanDepot concludes $500M debt extension

Housing Wire

A loanDepot subsidiary, LD Holdings Group LLC, will exchange its outstanding senior notes due in 2025, paying 6.5%, for senior secured notes due in 2027, paying 8.75%, according to an 8-K filing sent Thursday to the Securities and Exchange Commission (SEC). California-based loanDepot has concluded the transaction to extend $497.7 million.

Investing 417
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Redwood Trust to close $85M in debt offering

Housing Wire

It can also repay indebtedness, such as a subsidiary’s 5.75% exchangeable senior notes due in 2025 and Redwood’s 7.75% convertible senior notes due in 2027.

Investing 402