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Hot home-equity market fueling securitization deals

Housing Wire

All investors in the transaction were first-time participants in securitizations backed entirely by home-equity agreements [HEAs].”. Unlock’s HEA contracts typically feature 10-year maturities and involve a 3% origination fee based on Unlock’s original investment, which is not a loan.

Marketing 383
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Home-equity niche will benefit from a private-label lift

Housing Wire

“After that time, HELOC production waned as defaults spiked and home values plummeted, and HELOC securitizations effectively stopped for nearly a decade. Those 17 deals were backed by home-equity collateral valued in total at $3.9 I think that’s going to be a pretty significant burgeoning market.”

Contracts 383
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The crypto-mortgage is the new kid on the block

Housing Wire

A rising player in the world of crypto-mortgages and blockchain-enabled financing, LoanSnap, plans expand its reach in the market by opening its lending platform to licensed mortgage brokers across the country in the near future. The financing for the initial deal was handled through a cryptocurrency lender called Helio Lending.

Mortgage 446
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William Raveis ain’t no stinkin’ iBuyer

Housing Wire

” In essence, the program allows WRRE’s sell-side clients to compete with cash-buyers, iBuyers and investors for the little inventory that’s out there when they’re ready to buy. WRRE has offers under contract plus more in the pipeline. . “And then we have our agent commission.”

Brokerage 407
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Purchasing & Developing Land - Part 3 - How to Pay For It

Eppraisal

Having identified a parcel of vacant land -- and negotiated a purchase contract with the seller -- the investor in raw land is now at the point where financing becomes the issue.  There A finance strategy that makes sense will vary from person to person.

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Banking Failures & Their Impact On the Housing Market - Part 2 - The REO Dilemma

Eppraisal

In the last post, we looked at how bank failures can lead investors to bonds which, subsequently, pressure mortgage lenders to lower their interest rates. Do REO requirements, home value thresholds or any other criteria for sale and purchase change when a bank collapses? Investors check its listings regularly.

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Investing in Affordable Housing - Part 2 - Accountability to Housing Authority

Eppraisal

What, then, do real estate investors gain from the housing authority? In addition, destitute populations can affect home value in the community. Thus, the housing authorities have a vested interest in locations of satisfactory home value. Property owners, accordingly, must conform to authority standards.

Tenants 69