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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. On Jan.

Investing 402
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Mortgage companies issue debt. Here’s why that’s a positive sign to the market

Housing Wire

Mortgage companies raising debt in the current high mortgage rates landscape is a sign that market conditions are improving, although a recovery from the downturn may come later than expected, analysts told HousingWire. The remainder will be used for market-growth opportunities. However, things are different this year, Kornfeld said.

Mortgage 426
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ICE Mortgage Technology’s Encompass to offer investment advisory advice for clients

Housing Wire

In the current market where the refi boom has dried up and interest rates are sky high, most home purchases are being driven by life events that come with other financial considerations. Executives expect net revenue synergies of up to $125 million by 2028 largely through cross-sell opportunities.

Clients 427
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ICE envisions an unstoppable ‘life-of-loan’ platform with Black Knight acquisition

Housing Wire

Other opportunities ICE acknowledged include developing innovative analytics that help lenders connect with potential buyers in historically underserved markets and identify minority bias in the home valuation process. There’s a little north of 100 [MSP clients] and we believe that 40 of those are not on Encompass today.

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

Eppraisal

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

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Down Payments: Bigger Isn’t Always Better

Will Springer Realtor

Rising home prices can keep thousands of first-timers out of the market unless they are using a low down payment. The math: 4% a year x 5 years = 20% price appreciation; 20% of $800,000 is $160,000, or $960,000 for the same home in 2028 x 3.5% = a down payment of $33,600.

Buyers 36
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8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Recent trends suggest that the market demand for sustainability becomes greater each year. Ohio Is a Boom Market for Solar Power Solar projects in The Buckeye State have been booming in recent years; most of Ohio’s solar capacity has only been initiated since the start of 2020.