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First Financial Bank to invest $700M by 2028 in affordable mortgages

Housing Wire

The deal that runs through 2028 includes more than $1 billion for community development lending and services, investments in affordable housing , revitalization and stabilization, and projects that create jobs in LMI areas.

Investing 396
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ICE Mortgage Technology’s Encompass to offer investment advisory advice for clients

Housing Wire

Executives expect net revenue synergies of up to $125 million by 2028 largely through cross-sell opportunities. ICE identified north of $300 million worth of opportunities for the company to go after which includes cross-selling data and document automation platform to the entire Black Knight’s mortgage servicing system.

Clients 422
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Mortgage companies issue debt. Here’s why that’s a positive sign to the market

Housing Wire

The company issued two tranches: the first tranche, of $800 million, is due in October 2028 with a 12% coupon, and the second tranche, of $500 million, is due in October 2030 with a 12.25% coupon. 18 that it priced an underwritten public offering of $50 million of its 8.50% senior notes due 2028.

Mortgage 422
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ICE envisions an unstoppable ‘life-of-loan’ platform with Black Knight acquisition

Housing Wire

Financials In terms of financials, ICE expects net revenue synergies of up to $125 million by 2028 largely through cross-sell opportunities across the platform and ICE’s expanded customer base.

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$444 million investment announced for Alberta housing

Mortgagebroker News

The funding will be based on long-ranging investments from 2019 to 2028

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Upgrading Technology Can Be a Driving Force in Today’s Housing Market

Eppraisal

Experts project that by 2028, smart tech’s household penetration rate will reach 75.1%. Why Technology Sells Smart technology’s robust demand renders residential properties more marketable. smart home market’s estimated revenue was $34.7 billion in 2023. In other words, three in every four U.S.

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Younger generations want to become homeowners – Here’s how the housing industry can help

Housing Wire

McCue, “Updated Household Growth Projections: 2018-2028 and 2028-2038,” Joint Center for Housing Studies (December 2018). | “Planning & Progress Study 2019: The Debt Debacle,” Northwestern Mutual (2019).

Mortgage 442