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Hot home-equity market fueling securitization deals

Housing Wire

New York-based Unlock Technologies , a fintech operating in the shared-equity market, and real estate investment firm Saluda Grade , have closed a $180 million private-label securitization (PLS) backed entirely by Unlock-originated residential home-equity agreements (HEAs).

Marketing 352
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How to become a luxury real estate agent

Housing Wire

If you’re known in your market as the expert who successfully sells properties between $1 to $3 million, how do you start getting clients looking for homes valued at $10 million+? How do you convince the sellers of $15 million homes to work with you? Visit Coffee & Contracts 2.

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

Housing Wire

The demand for home-equity loans, particularly home-equity lines of credit (HELOCs) as well as shared-equity investment products, is now stronger than at any time since before the global financial crisis some 15 years ago. Those 17 deals were backed by home-equity collateral valued in total at $3.9

Contracts 327
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Home equity is the bright gem of the housing market

Housing Wire

Among the nonbanks that either have or plan to introduce HELOC loan products are United Wholesale Mortgage , Rocket Mortgage , Guaranteed Rate , loanDepot and New Residential Investment Corp. said Peter Silberstein, chief capital officer, at Unlock Technologies , a fintech operating in the shared home-equity investment space.

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Single-family rental market slammed by headwinds

Housing Wire

The nation’s single-family investment-property sector and the lenders serving those borrowers face some major challenges in 2023 as rent growth is slipping, vacancy rates growing, home-value growth faltering, and a possible recession looms. . They include a $405.2 They include a $405.2 Approximately 36.8%

Marketing 396
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What Impact Will the Infrastructure Bill Have on the Housing Crisis?

Appraisal Buzz

The Infrastructure Investment and Jobs Act dedicates $1.2 The bill also makes the most significant investment in passenger rails. However, some of the investments could have an impact on the market. These investments could significantly raise home values if made in the right areas. The Infrastructure Bill.

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The crypto-mortgage is the new kid on the block

Housing Wire

Essentially, through the so-called Bacon Protocol — a set of smart contracts and programming that exists on the Ethereum blockchain platform — investors can purchase stable coins, which are a form of “stable” cryptocurrency pegged to the value of the U.S. To date, LoanSnap has attracted about $53 million in venture capital investment.

Mortgage 433