Housing Wire

FEBRUARY 7, 2022

San Francisco-based fintech company Unison recently completed a $443 million private-label offering backed by an emerging class of home-equity assets in which investors and the homeowners share in both the upside and downside of a property’s value over time. We [the shared home-equity industry] are not a multi-trillion market.

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Investing Marketing Contracts Investors 368

Mashvisor

JULY 8, 2022

As a real estate investor, you may occasionally bump into the term “under contract.” ” But what does the term mean in real estate investing? Table of Contents Understanding the Term…

Contracts 67

Contracts Real Estate Investors Investing 67

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

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Contracts Appraisal Market Value Real Estate 64

Housing Wire

JULY 14, 2021

“Treasury yields have trended lower over the past month as investors remained concerned about the COVID-19 variant and slowing economic growth,” Kan said. The post Mortgage applications jump 16% appeared first on HousingWire.

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Mortgage Contracts Inventory Investors 512

Housing Wire

MAY 1, 2024

On Wednesday evening, during the firm’s Q1 2024 earnings call with investor and analysts, CEO Rich Barton took a contrary view: Zillow is just beginning to unlock its revenue generating potential. “In In a hostile housing market and a noisy industry environment, why is Zillow outperforming?”

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Agents Real Estate Contracts Real Estate Agent 435

Housing Wire

OCTOBER 12, 2021

Redwood Trust CEO Christopher Abate laid out a bold vision of growth for the real estate investment trust at an investor conference in New York City last month. That is done via what is called a home-equity investment contract, or an HEI. This content is exclusively for HW+ members.

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Contracts Marketing Investing Real Estate 383

Housing Wire

JULY 21, 2021

The 10-year Treasury yield dropped sharply last week, in part due to investors becoming more concerned about the spread of COVID variants and their impact on global economic growth, according to the latest survey from the Mortgage Bankers Association. The post Mortgage applications fall amid market jitters appeared first on HousingWire.

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Mortgage Marketing Contracts Inventory 446

Appraisal Buzz

AUGUST 20, 2021

Oaktree Funding offers a wide range of mortgage products, including competitive non-QM and non-agency programs: for example, low-document bank statement and investor loans with limits as high as $4 million. “As The post Oaktree Funding Now a Participating Lender in Calyx Point appeared first on Appraisal Buzz.

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Contracts Investors Appraisal Mortgage 370

Housing Wire

MARCH 29, 2023

A HousingWire analysis of bond-rating report data and information provided by industry experts shows that between 2019 and March 28 of this year, there were at least 17 private-label securitization deals involving HELOCs and/or closed-end second-lien (CES) home-equity loans and separately shared-equity contracts.

Contracts 383

Contracts Lending Investing Investors 383

Hank Miller Team

JULY 18, 2022

Cancel culture invades real estate.The number of canceled home contracts hit a two year high in June 2022. Still, 22 of contracts terminating isn't a anything to ignore. Why Contracts Terminate There are many moving parts to a successful real estate transaction, it takes a significant amount of time and effort to make them look boring.

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Contracts Sellers Buyers Agents 52

Housing Wire

JUNE 30, 2021

“Mortgage rates were volatile last week, as investors tried to gauge upcoming moves by the Federal Reserve amidst several divergent signals — including rising inflation, mixed job market data, strong consumer spending, and a supply-constrained housing market that has led to rapid home-price growth,” Fratantoni said.

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Mortgage Contracts Investors Housing Market 417

Housing Wire

MARCH 26, 2024

Allegations include breach of contract and unjust enrichment, with damages sought at $250 million. these funds continue to enrich only affiliated real estate agents, investors, brokers, and staff.” On March 22, Moulder, who worked with Keller Williams from 2002 to 2011, filed a complaint aiming for class-action status in the U.S.

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Brokerage Legal Agents Realty 497

Housing Wire

MARCH 8, 2023

In addition, loan officers said that investors took advantage of a slower market. Investor demand tends to increase at times when most borrowers are waiting for rates to decline, Justin Fullmer, area manager in Idaho for Future Mortgage , told HousingWire. from the week prior. ” Who is jumping into the market?

Mortgage 383

Mortgage Loan Officers Investors Government 383

Housing Wire

MARCH 9, 2023

LoanCare , which services loans for banks, credit unions, independent mortgage companies and portfolio investors, also renewed its contract for Black Knight’s mortgage service software MSP, which includes the system’s abilities to integrate with technologies and data, regulatory updates, and client-owned data protection.

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Clients Investors Contracts Technology 370

Housing Wire

DECEMBER 6, 2023

In October, HousingWire reported that Freedom Mortgage and PennyMac Mortgage Investment Trust moved to raise money through debt offerings with high investor demand. million to Black Knight in damages related to a breach of contract claim. For example, Freedom raised $1.3 Other peers would follow suit, analysts said at that time.

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Contracts Investing Mortgage Investors 406

Housing Wire

NOVEMBER 17, 2021

The trade group estimates the average contract 30-year fixed-rate for conforming loans ($548,250 or less) increased to 3.20%, four basis points higher than the previous week. In the purchase activity, real estate investors are more active than ever, challenging individual homebuyers. Meanwhile, FHA loans went from 8.8% in the period.

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Investors Contracts Government Real Estate 417

Housing Wire

FEBRUARY 13, 2023

Equity Prime Mortgage (EPM) filed a counterclaim against Jesse Iwuji Motorsports (JIM) last week for allegedly breaching a sponsorship contract. The stock car team is also accusing EPM of breaching the contract by failing to make more than $4 million in sponsorship payments following a “margin call” from its investors.

Legal 377

Legal Contracts Lending Loan Officers 377

Housing Wire

JANUARY 27, 2022

The round is led by the venture capital firm Andreessen Horowitz , with participation from new investor Zigg Capital and seed investors Conversion Capital and Bain Capital Ventures. Investors backing Vesta also include Index Ventures. Today, as the market contracts, this shift to digital-first loan origination will accelerate.

Mortgage 383

Mortgage Investors Loan Officers Technology 383

Housing Wire

MAY 22, 2023

“[If] the person is putting 20% down, we’re also having forward education with them that says, ‘As long as the house appraises within 15% of the purchase contract, then you’re at a 95% LTV, the negative is PMI, but we get you into the house are you comfortable,’” Keelin said. Keelin noted.

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Loan Officers Investors Technology Clients 370

Housing Wire

AUGUST 16, 2023

As the next Fed meeting approaches, investors worry about another rate hike. The average contract interest rate for 5/1 ARMs fell to 6.20% from 6.36% a week prior. For the week that ended August 11, mortgage applications fell 0.8% from the prior week , according to data from the Mortgage Bankers Association. from 13.6% the week prior.

Mortgage 370

Mortgage Contracts Government Investors 370

Housing Wire

JULY 28, 2021

The 10-year Treasury yield went into free fall last week, as investors grew concerned about the rise in COVID-19 variant cases and the potential economic fallout, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting. Mortgage applications increased 5.7%

Mortgage 383

Mortgage Contracts Finance Investors 383

McKissock

SEPTEMBER 5, 2022

We also saw investors purchasing retail properties such as Watters Creek in Texas, Galleria Edina in Minnesota, and Promenade at Carolina Reserve in South Carolina. Why Private Investors Want Commercial Real Estate. Private investors are moving towards investments in the retail sector because of shifts in how consumers behave.

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Retail Real Estate Investors Real Estate Agent 73

Housing Wire

SEPTEMBER 22, 2022

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.

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Marketing Contracts Finance Home Value 383

Housing Wire

SEPTEMBER 14, 2023

Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. On Wall Street and in Washington, investors believe that the Federal Reserve is poised to steer the economy toward a soft landing.

Mortgage 427

Mortgage Inventory Buyers Investors 427

Listing Spark

APRIL 22, 2024

As digital innovation continues to reshape the landscape, a new potential savior has risen—real estate software for investors. As executives and investors face the current market’s uncertainties and challenges, the need for innovative, cutting-edge tools is greater than ever. It’s also about how effectively you market it.

Real Estate 36

Real Estate Investors Tools Investing 36

Listing Spark

SEPTEMBER 1, 2023

Real estate investors operate differently than conventional buyers and sellers, especially to get the 26.9% Instead, investor-friendly brokerages are a better fit for your goals. Learn more about why choosing the right investor-friendly brokerage is so important and what to look for when you start your search.

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Investors Brokerage Real Estate Agent Real Estate 36

Housing Wire

MARCH 10, 2023

ATTOM , a real estate data provider, reports, however, that the “severe contraction across the lending industry in the fourth quarter of 2022 even hit HELOCs” in terms of origination volume. Our contract is little different in that we share part of the entire home value at the end of the contract. “Our

Housing Market 370

Housing Market Marketing Contracts Lending 370

Housing Wire

JULY 12, 2022

Unison, through an REA contract, advances the homeowner a portion of the equity in the property in exchange for a lien position and a share of the home’s future appreciation. Unison also shares some of the downside if the property loses value over the course of the contract.

Contracts 383

Contracts Investing Real Estate Investors 383

Housing Wire

AUGUST 23, 2023

Investors in the bond market were reacting to the government issuing debt while expecting the Federal Reserve to increase rates in September amid persistent inflation,” HousingWire ’s Flávia Furlan Nunes wrote last week. The average contract interest rate for 5/1 ARMs fell to 6.50% from 6.20% a week prior. the week prior.

Mortgage 370

Mortgage Contracts Government Buyers 370

Housing Wire

FEBRUARY 15, 2024

We are excited about how we are set up for 2024 and beyond,” CEO Carrie Wheeler told investors and analysts listening to the firm’s Q4 2023 earnings call on Thursday evening. Looking where we stand today, we are expecting an increase in contract volume late in Q1, which will translate into sequential acquisition growth in Q2,” Wheeler said.

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Business Advertising Inventory Contracts 416

Housing Wire

JUNE 23, 2022

Co-founded in 2019 by Tim Herman and Louis Wilson, the lender and “power buyer” allows homebuyers to make all-cash offers to compete with institutional investors. In states where purchase contracts can’t be assigned, UpEquity buys the home upfront and writes the mortgage after closing the deal. In October, ??the

Buyers 395

Buyers Investors Technology Training 395

Housing Wire

JULY 19, 2023

Go Mortgage sued its former director of capital markets for “corporate sabotage,” alleging computer fraud, violation of trade secrets, breach of contract and tortious interference with a business relationship. She was the primary contact between Go Mortgage and its institutional lenders, investors and securitization counterparts.

Mortgage 370

Mortgage Marketing Retail Construction 370

Housing Wire

OCTOBER 12, 2023

1, investors are trying to make sense of the steady September inflation data and its impact on the Fed ‘s next rate-hike decision. If mortgage rates pass 8%, housing market activity will see a contraction, Sturtevant said. The inflation data comes on the heels of a stronger-than-expected September jobs report. in August and 0.2%

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Government Housing Market Contracts Insurance 406

Housing Wire

DECEMBER 13, 2023

Amherst Chairman and CEO Sean Dobson said the shrinking margins in the agency MBS sector are a byproduct of an over-supply of paper and a greatly reduced investor balance sheets for absorbing the debt. Some of them are gone forever, and some of them are basically going to have to rebuild capability,” he said.

Mortgage 406

Mortgage Marketing Investors Lending 406

Housing Wire

DECEMBER 2, 2021

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. Such assertions have not allayed some investors. It marked Zillow’s first major statement since announcing the wind down of the Zillow Offers’ iBuying program last month.

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Inventory Real Estate Agent Investors Market Value 427

Housing Wire

NOVEMBER 3, 2023

We see some that needed one more good market that maybe would have retired 10 years ago but stayed in the business a little longer than they would have who are now leaving,” Nick Bailey , RE/MAX’s president, told investors and analysts during the firm’s third quarter 2023 earnings call Friday. “In about half the U.S.,

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Realtors Agents Brokerage Contracts 427

Housing Wire

AUGUST 28, 2023

Levine also accused The Change Company of false representations to investors about the underlying characteristics of the mortgages it securitizes. The former chief-of-staff is seeking damages for alleged wrongful termination, whistleblower retaliation and breach of contract.

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Lending Design Finance Contracts 370