Housing Wire

FEBRUARY 10, 2023

The two Big Four title insurers announced their fourth quarter earnings on Thursday, hosting earnings calls with investors and analysts. At Stewart , Q4 revenue came in at $665.9 million, down from $961.7 million a year prior, while net income was $13.3 million, down from $85.5 million a year ago. “As

Buyers 369

Buyers Housing Market Investors Insurance 369

Housing Wire

NOVEMBER 9, 2023

“Better’s mortgage as a service platform is the first full-stack, end-to-end solution that handles all aspects of the mortgage process including point of sale, pricing, underwriting, loan origination, closing, funding and investor sale,” Vishal Garg, CEO and founder of Better, said in an e-mailed response to HousingWire.

Mortgage 417

Mortgage Insurance Finance Technology 417

Housing Wire

APRIL 1, 2024

Fintechs involved in homeownership investments have been around for nearly two decades, but it wasn’t until recently that a handful of them have been backed by big investors seeking to take the HEI product mainstream. To put a sense of scale on that, insurance capital is about $8 trillion, and about half of that goes into the bond world.”

Finance 451

Finance Investing Real Estate Agent Real Estate 451

Housing Wire

NOVEMBER 10, 2023

Affluent Americans (or investors) are the only ones who can bypass the sting of high mortgage rates by paying all cash. Meanwhile, buyers offer bigger down payments to lessen the cost of monthly payments In September, buyers were typically putting down 16.1% In those cities, the typical buyer put down 25% of the purchase price.

Mortgage 451

Mortgage Buyers Insurance Government 451

Housing Wire

AUGUST 8, 2024

“Now they will have to come up with payment for real estate agent services, but that may be challenging for some who are already challenged in terms of coming up with enough down payment,” Hepp said of first-time buyers. “So, So, say it gets rolled into their mortgage or they have to get another loan to pay it off.

Housing Market 475

Housing Market Marketing Mortgage Sellers 475

Housing Wire

JANUARY 30, 2024

Manufactured housing has a lower entry point than other types of homes and is helping many buyers to get their foot in the door, the report noted. This allows people to become homebuyers as well as investors, a more common strategy in recent years that is known as “house hacking,” the report stated.

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Landlords Housing Market Mortgage Insurance 516

Housing Wire

MAY 28, 2024

.” Incenter has businesses focused on capital markets, loan diligence, student lending, insurance, property tax, accounting and marketing. In May 2023, the subsidiary launched a new digital MSR exchange , known as eMSR Exchange, which connects buyers and sellers of co-issue flow offerings online and provides 24/7 pricing.

Property Taxes 429

Property Taxes Lending Insurance Investors 429

Housing Wire

OCTOBER 14, 2020

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. This setup lets a consumer compare quotes from several insurers, including Progressive, with only one click. market for homeowners’ insurance.

Insurance 429

Insurance Technology Lending Real Estate Agent 429

Housing Wire

APRIL 22, 2024

There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes. Are you considering selling your property?

Real Estate 449

Real Estate Open Houses Brokerage Real Estate Agent 449

Housing Wire

AUGUST 10, 2023

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. That was nearly double the 8% of buyers who described themselves as owner-occupants in a February 2022 Auction.com buyer survey.

Renovations 370

Renovations Buyers Development Insurance 370

Housing Wire

DECEMBER 14, 2020

Homebuyer , an Ohio-based software startup offering digital mortgages to first-time home buyers, announced on Monday it had snagged $1.4 million in a seed round from private investors. million first-time home buyers every year in the United States,” said Green. “There are 2.5 mortgage market.

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Loan Officers Investors Legal Buyers 443

Housing Wire

SEPTEMBER 15, 2023

Listen to all of these really great mortgage programs (most agents and buyers don’t know about these!) FHA mortgage programs The Federal Housing Administration (FHA) provides easy-to-qualify government insured loans. You can even search for investors, first time buyers, first responders, etc.

Real Estate 430

Real Estate Government Law Buyers 430

Appraisal Buzz

JUNE 4, 2024

However, for buyers, the increase may mean being priced out of particular homes if their household income does not grow at the same or greater rate, especially when increased mortgage rates are included in. “The specifics will vary from market to market, but the data suggest ongoing opportunity for many sellers. Memphis, TN-MS-AR – 64.2%

Sellers 370

Sellers Inventory Buyers Insurance 370

Housing Wire

FEBRUARY 14, 2023

Modern software automates investor reporting and compliance and creates a more efficient workflow, allowing servicers to effectively service loans in-house. There is still evidence that higher LTV loans with Private Mortgage Insurance are attractive to buyers who don’t have much money saved up for a down payment.

Modernization 370

Modernization Insurance Investors Tools 370

Housing Wire

MAY 4, 2023

During the first quarter of 2023, the Big Four title insurer reported revenue of $2.474 billion, down from $3.167 billion in Q1 2022, and a net income of $59 million compared to $400 million a year prior. The slower housing market at the start of the year was not enough to prevent Fidelity National Financial from turning a profit.

Insurance 388

Insurance Buyers Business Investors 388

Housing Wire

JULY 19, 2024

Ginnie Mae has] been very transparent about how securities are meant to support both issuers and investors,” he said. Ongoing impact of lender failure The late 2022 failure of RMF was a seismic event in the reverse mortgage industry, and it added pressure to various stakeholders such as lenders, creditors and bond buyers.

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Development Mortgage Design Government 441

Housing Wire

MAY 24, 2023

They are likely to be replaced by money managers as investors. The buyers’ side Steven Abrahams, a senior managing director at Amherst Pierpont Securities , a broker-dealer owned by Santander , said that before the Global Financial Crisis, the market was dominated by investment portfolios looking for the risk and return of MBS assets.

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Marketing Insurance Investors Mortgage 388

Housing Wire

APRIL 20, 2023

Investors are weighing the softening consumer sector and inflationary pressures, along with the shifts in real estate markets, looking for more clarity on the outlook,” Ratiu said in a statement. Nevertheless, buyer demand shows signs of improvement with each gain in affordability. in the first week of April to 3.6%

Mortgage 417

Mortgage Housing Market Buyers Inventory 417

Housing Wire

MAY 2, 2024

Volatility in the Treasury market, which trades at a shifting spread below that of mortgage rates, also translates into uncertainty among housing market investors. Market observers say this normally leads to investor hesitancy and a tendency to keep more money parked on the sidelines. That was a problem for sellers of loans.

Marketing 441

Marketing Mortgage Investors Sellers 441

Listing Spark

AUGUST 17, 2023

FHA loans are becoming an increasingly popular option for buyers all across the home market. The FHA has insured over nine million mortgages since 2009 , and as home prices have climbed higher than ever in the past three years, many prospective homeowners are turning to FHA loans due to the increased assistance and down payment requirements.

Investors 36

Investors Investing Buyers Real Estate 36

Will Springer Realtor

OCTOBER 1, 2024

Those government-sponsored entities (GSEs) ultimately guarantee their mortgages and package them as securities for investors. Down payment – At least 3% down, with private mortgage insurance required for down payments under 20%. For buyers who don’t qualify for a jumbo loan, there are alternatives to consider.

Mortgage 68

Mortgage Finance Buyers Investors 68

Housing Wire

NOVEMBER 7, 2023

The GSEs are given significant capital relief when they transfer this risk to private mortgage insurers or through capital market or reinsurance structures, which makes sense given the significant reduction in cost associated with that risk. Large banks are also the primary source of liquidity for most IMBs.

Mortgage 460

Mortgage Marketing Finance Lending 460

Housing Wire

JULY 27, 2023

In addition, the spread between the 10-year Treasury and the 30-year fixed rate mortgage is poised to widen as uneasy investors might keep the risk premium elevated. For buyers of a median-priced home, the monthly mortgage payment—assuming a 20% down payment—amounts to about $2,300, not including property taxes and insurance,“ said Ratiu.

Mortgage 370

Mortgage Property Taxes Housing Market Buyers 370

Housing Wire

FEBRUARY 19, 2024

That’s because the unpaid loan balance continues to grow for delinquent mortgages due to unpaid interest, property taxes and insurance. When a property is sold to a third-party buyer like Delille at foreclosure auction, any surplus above the total debt owed is distributed back to the distressed homeowner after junior liens have been paid.

Real Estate 451

Real Estate Property Taxes Insurance Government 451

Housing Wire

JUNE 1, 2022

For the first time, the ALTA Registry will provide data on individual title insurance and settlement services companies, identified by an ALTA ID. It’s crucial that the title insurance industry urge progress and innovation in the digital closing space.

Insurance 417

Insurance Real Estate Agents Technology 417

Housing Wire

JANUARY 4, 2023

Ratiu added that for the buyer of a median-priced home, today’s mortgage rate translates into a monthly payment of about $2,100—without taxes or insurance—a 63% increase from 2021. ”

Mortgage 528

Mortgage Loan Officers Insurance Investors 528

Padove Appraisal Service

FEBRUARY 24, 2023

Insurance purposes: An appraisal can help determine the value of your property for insurance purposes, such as determining the amount of coverage needed for a homeowner’s insurance policy. Investment analysis: Real estate investors may use appraisals to evaluate the potential return on investment for a property.

Appraisal 148

Appraisal Property Taxes Insurance Market Value 148

Listing Spark

SEPTEMBER 25, 2023

As a real estate investor, you understand that one of the biggest costs is the transactions themselves. The savings are significant, and most real estate investors can handle transactions without a realtor by their side. Complete self-management: As a buyer, you search properties, make offers, and negotiate deals alone.

Investors 36

Investors Real Estate Investing Open Houses 36

Housing Wire

APRIL 14, 2022

You don’t know what investor demand is going to be. The soaring federal deficit requires even more buyers of bonds, and some government bond sales may make it more difficult to issue MBS securities, unless with higher interest rates.”. At the end of the day, though, the product [agency MBS] will be absorbed at a price.”.

Marketing 417

Marketing Investors Government Investing 417

Housing Wire

APRIL 9, 2021

. “We’re giving them an offer to unlock their equity and move forward to make an offer on their next home,” Ryan Raveis, co-president of William Raveis Real Estate, Mortgage & Insurance (WRRE) , said in an interview with HousingWire. “And then we have our agent commission.”

Brokerage 417

Brokerage Real Estate Insurance Clients 417

Housing Wire

SEPTEMBER 6, 2023

Investor expectations will change, and government entities will attempt to coordinate their response. Portals will authenticate identity, validate content, facilitate standard agreements, and ensure timely payments between buyers and sellers of homes and service providers. These essential tools require a collective commitment.

Supply Chain 370

Supply Chain Real Estate Technology Mortgage 370

Housing Wire

SEPTEMBER 22, 2022

Rate volatility is high due to both uncertainty regarding the Fed’s next moves and the lack of a steady, consistent buyer for Treasuries, and particularly mortgage-backed securities.”. Rate hikes also impact real estate investors.

Real Estate 403

Real Estate Housing Market Mortgage Brokerage 403

Housing Wire

AUGUST 16, 2024

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. The number of home purchases by investors rose 3.4% While investors are still sensitive to mortgage rate changes, they are less sensitive than consumer buyers as 69% of investors pay in cash.

Investors 451

Investors Tenants Real Estate Property Taxes 451

Housing Wire

JUNE 10, 2022

Buyer morale is at an all-time low for good reason. For the past two years, mortgage rates were at historic lows, giving buyers more purchasing power. But in the first few months of 2022, mortgage rates have risen at the fastest rate since 1987. Improving access to affordable homeownership. To read the full issue, go here.

Real Estate 403

Real Estate Buyers Mortgage Insurance 403

Housing Wire

MARCH 15, 2023

Meanwhile, mortgage lenders are still trying to calm down their investors and business partners. “While lower rates should buoy housing demand, the financial market volatility may cause buyers to pause their decisions.” The recent crisis impacted homebuyers in different ways.

Mortgage 370

Mortgage Clients Retail Marketing 370

Appraisal Buzz

AUGUST 16, 2024

Investor activity in the U.S. Investors bought approximately one out of every six homes sold in the quarter, representing $43 billion in transactions, marking a 13.7% Investors bought approximately one out of every six homes sold in the quarter, representing $43 billion in transactions, marking a 13.7% year-over-year.

Investors 370

Investors Property Taxes Housing Market Real Estate 370

Housing Wire

JANUARY 31, 2022

Stewart is one of the largest global title insurance companies and underwriters in the industry. Its second goal goes back to the company’s desire to streamline and create a platform of solutions for its customers across the real estate spectrum – lenders, investors, servicers, and other enterprise buyers and sellers. “We

Real Estate 388

Real Estate Technology Investing Valuation 388