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Loan Servicing Software Market Estimated to Grow by $2.7 Billion From 2024 to 2028

Appraisal Buzz

The market is estimated to grow at a CAGR of almost 12.01% from 2024 to 2028, the firm says in a report. Billion From 2024 to 2028 appeared first on Appraisal Buzz. The global loan servicing software market is estimated to grow by $2.7 billion over the next four years, according to market research firm Technavio.

Marketing 195
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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 324
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loanDepot concludes $500M debt extension

Housing Wire

million in aggregate principal of 2028 senior notes held by Artemis Management LLC. This includes $340.6 million in principal for new notes guaranteed by, among other things, $60 million in nonagency mortgage servicing rights (MSR) and a securities account holding of $100.6

Investing 346
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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 368
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NAF rebrands initiative designed to boost Black homeownership

Housing Wire

In concert with this renewed branding, the company said it has committed to “extending $20 billion in new mortgages to Black homebuyers by the year 2028.” Originally launched in 2016, the initiative was designed to educate and recruit loan officers to better understand the existing barriers to Black homeownership.

Design 360
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Apartment Construction Projected to Reach Historic Highs in 2024

Appraisal Buzz

Looking ahead, despite market uncertainties that are preventing many new projects from commencing, 2 million units are scheduled to open by 2028. Following that, a large increase is anticipated in 2028 when over 391,000 apartments are scheduled to go online, representing a nearly 23% increase over the previous year.

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New American Funding Launches NAF Black Impact

Appraisal Buzz

To this end, NAF has committed to extending $20 billion in new mortgages to Black homebuyers by the year 2028. “We Through NAF Black Impact, NAF will help to foster opportunities for Black families and break down barriers to homeownership.