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Finance of America to acquire Parkside’s wholesale biz

Housing Wire

Finance of America intends to acquire Parkside Lending ‘s third-party origination channel operation for $40 million, the publicly traded lender and servicer announced Tuesday. It’s the latest in a string of big M&A deals in the mortgage lending space – and the growing wholesale channel in particular – over the past six months.

Finance 368
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Understand home equity lending and how lenders can acquire home equity customers

Clear Capital

Home equity lending is a hot topic, with homeowners boasting near-record amounts of equity. Mordor Intelligence estimates that as of 2024, the home equity lending market size is estimated at nearly $31 billion, and is expected to grow to $36 billion by 2029. What is home equity lending?

Lending 36
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With mortgage rates on the rise, here are some products originators should tap into

Housing Wire

Available to clients aged 55 and older (in select states), this product allows eligible homeowners to tap into more of their home equity sooner rather than later with lower upfront costs. The program is available to a wide range of homeowners, with lending limits as high as $4 million*.

Mortgage 351
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How Remaining Economic Life Works

Cleveland Appraisal Blog

Once we know how much the home costs to replace, we can extract a percentage of how much the home improvement has depreciated. Let’s say that in this example, the home that sold for $500,000 has a replacement cost of $425,000. If that is the case, the home’s improvements have depreciated approx.

Appraisal 365
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Success with Relocation Appraisals: Key Strategies

AmeriMac

Mortgage Appraisal: On the other hand, a mortgage appraisal determines the market value of a property for the purpose of facilitating mortgage lending. Next, compile any records of recent home improvements or renovations. Furthermore, pay attention to the design and appeal of your home.

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ClearCast Podcast E22 — Tomo Co-Founder & CRO Carey Armstrong

Clear Capital

And so because the appreciation is going up so rapidly on a daily basis, people are probably checking into this now and like, how much is my home worth? How much is my home worth? Home improvements? And so you could see how people, you know, could be planning out: “Well, what am I going to do with that next year?