Housing Wire

MAY 3, 2022

Fintech and fractional home-equity lender Point has raised an additional $115 million through a Series C fundraising round led by venture capital firm WestCap. The capital will be used to accelerate Point’s growth in the $25 trillion home-equity market, according to the company’s co-founder and CEO Eddie Lim. The Palo Alto, California-based Point plans to use the funding to expand its product line as well as its market footprint — from an existing 16 states and the District of Columbia to 28 mar

Contracts 432

Contracts Investors Investing Market Value 432

The Appraiser Coach

MAY 3, 2022

Principles of business cross boundaries of profession frequently, and the one shared today is inspired by Dr. Thomas Stanley, author of The Millionaire Next Door and The Millionaire Mind. If. Read More.

Business 195

Business Real Estate Agent Government Inspection 195

Housing Wire

MAY 3, 2022

In this HW+ Slack Q&A, HousingWire Lead Analyst Logan Mohtashami gives the inside scoop on where rates are headed, his insights on the latest economic reports and more. As a member of HW+, you get access to 30-minute Slack Q&As, where we invite the HW Media newsroom to break down the hottest topics in the industry. This Q&A was hosted in the HW+ Slack channel, which is exclusively available to members.

Housing Market 421

Housing Market Marketing Inventory Mortgage 421

Appraisal Buzz

MAY 3, 2022

The U.S. Census Bureau reports that more than 60 million Americans over age five – or about 20% of the U.S. population – speak a language other than English at home. The bureau also reports that the most spoken non-English language in the country is Spanish, representing the largest share at just over 61%. Cantonese and Mandarin followed second at just over 5%, but represent the fastest-growing language worldwide.

Lending 150

Lending Appraisal 150

Housing Wire

MAY 3, 2022

Nonbank heavyweight loanDepot will unveil a home equity line of credit (HELOC) product in the third quarter of 2022, the first offering of its recently launched mello business unit. Fast-rising mortgage rates, recently cresting above 5% , have reduced refinance volumes by 70% year over year as of the end of April. The lender seeks to expand its product portfolio to help compensate for the lost volume, like most competitors.

Renovations 397

Renovations Loan Officers Technology Mortgage 397

Appraisal Buzz

MAY 3, 2022

RiskSpan has appointed Daniel Fleishman as Managing Director within its recently announced Mortgage Servicing Rights unit. “I am delighted about this opportunity to be a part of such a dynamic company in this new role,” said Fleishman. “I look forward to helping Edge users manage multiple loan-level datasets with ease and visualize servicing cash flows … The post RiskSpan Names Daniel Fleishman Managing Director of MSR Team appeared first on DSNews.

Appraisal 150

Appraisal Mortgage 150

Appraisal Buzz

MAY 3, 2022

Don Layton, the current Senior Industry Fellow at the Joint Center for Housing Studies at Harvard University—and former CEO of Freddie Mac—released a new column on the policymaking implications of record-high mortgage origination profits during the pandemic he authored after the release of the Mortgage Bankers Association (MBA) Annual Mortgage Bankers Performance Report.

Mortgage 150

Mortgage Appraisal 150

Housing Wire

MAY 3, 2022

The courtship is over. The Agency , a Beverly Hills-based brokerage that has been around since 2011, announced Tuesday that it has bought Triplemint , a Manhattan shop started in 2013 by Yale college classmates David Walker and Phillip Lang. Rainy Hake Austin, president of The Agency, declined in an interview to say how much her firm, a private company, paid for Triplemint.

Brokerage 397

Brokerage Agents Law Business 397

Appraisal Buzz

MAY 3, 2022

Banyan Software Inc. has acquired Loan Vision (Bestborn Business Solutions), a provider of loan level accounting software to the mortgage banking industry. Loan Vision has helped reduce risk, streamline manual process and lower operating expense for over 250 customers by creating the loan level accounting solution. “After months of diligence in the industry it was clear to us that Loan Vision has built out the market-leading accounting software for mortgage banks in the United.

Business 150

Business Appraisal Mortgage Marketing 150

Housing Wire

MAY 3, 2022

A Palo Alto, California-based fintech startup Point , which bills itself as allowing homeowners to tap into future home appreciation, closed on a $115 million Series C funding round, the company announced Tuesday. Point now says it has raised $170 million in equity capital. WestCap Group , a New York City-based investor, led the funding with existing backers Andreessen Horowitz , Ribbit Capital , mortgage real estate investment trust Redwood Trust and Atalaya Capital Management participating, Po

Investors 384

Investors Real Estate Investing Finance 384

GoForrmz

MAY 3, 2022

Discover how small businesses are leveraging digital form features to save time, be more efficient, and elevate productivity GoFormz offers a flexible and affordable solution to traditional documentation and information collection. Thousands of small businesses leverage GoFormz to digitize their documents and data capture, improving organization and business management while reducing operational costs in the process.

Business 148

Business Project Management 148

Housing Wire

MAY 3, 2022

New Residential Investment Corp.’ s first quarter earnings repeat the logic of rising interest rates lowering origination profits but increasing servicing gains, as reported by companies such as Mr. Cooper and Ocwen last week. The real estate investment trust reported on Tuesday $690 million in net income for the first quarter, a 267% increase from the prior quarter.

Retail 370

Retail Investing Real Estate Mortgage 370

Eyes on Housing

MAY 3, 2022

The construction labor market remains tight, as the industry sees a rising number of job openings year-over-year. The count of open construction jobs increased slightly to 396,000 unfilled positions in March. The highest measure in the history of the data series (going back to late 2000) was 416,000 in April 2019.

Construction 142

Construction Housing Market Marketing 142

GoForrmz

MAY 3, 2022

Join our growing community of innovative and impactful GoFormz partners Why Partner with GoFormz? With over 3,000 global customers representing industries like construction, energy, healthcare, manufacturing, and transportation, why wouldn't you become a GoFormz partner? GoFormz is on the cutting edge of mobile data capture and we are not slowing down.

Transportation 78

Transportation Construction Clients Business 78

Eyes on Housing

MAY 3, 2022

The Census Bureau recently released its 2021 Metropolitan Statistical Area (MSA) annual population estimates. Between 2020 and 2021, 251 (65%) of the 384 MSAs within the 50 states and the District of Columbia experienced population increases, albeit small on percentage terms. The MSAs’ combined total population increased from 286,195,308 in 2020 to 286,472,775 in 2021, approximately a 0.1% increase.

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Mashvisor

MAY 3, 2022

Short-term rental investing can be really profitable when utilizing Airbnb analytics. Let’s see how Mashvisor Airbnb data can help with it.

Investors 69

Investors Investing Tools Real Estate 69

Hank Miller Team

MAY 3, 2022

The grizzled crusty veterans feel it and the questions are starting.is the Atlanta real estate market shifting? Has the move away from historic inventory shortages and home buyer frustration finally started? That argument can be made.and while the data lags by several weeks, the radar of many experienced agents is lit. The feeling in the field can't always be immediately confirmed but we're beginning to see the data evidence.

Real Estate 52

Real Estate Marketing Buyers Inventory 52

Mashvisor

MAY 3, 2022

A responsible Airbnb owner and host should know how to report Airbnb income on tax return. It is the duty of every American to do so.

Legal 67

Legal Tools Investors Real Estate 67

Will Springer Realtor

MAY 3, 2022

“Buildings should be good neighbors.” – Paul Thiry. New construction succeeds when the designs marry past with future while fitting in with their surroundings. It’s an ideal held by both Paul Thiry, a pioneer of modernism in the Pacific Northwest, and Daniels Real Estate, the creative inspiration behind Seattle’s newest residential achievement, Graystone.

Design 57

Design Modernization Real Estate HOA 57

BiggerPockets

MAY 3, 2022

According to a recent study by TransUnion, renters in their 20s and 30s want their landlords to report rent payments to the major credit bureaus. The main reason: Gen Z […].

Landlords 56

Landlords 56

Mashvisor

MAY 3, 2022

As keeping up with your investment properties can get tricky, the escalation clause real estate may be of help.

Real Estate 69

Real Estate Investing Investors 69

Mortgagebroker News

MAY 3, 2022

The space has not been immune from rate hikes – but the value of brokers remains clear, says mortgage veteran

Marketing 68

Marketing Mortgage 68

Eppraisal

MAY 3, 2022

In today's market, where home values are rising and there is a lack of inventory of homes available for sale, you may find many agents' businesses are tightening due to lack of inventory. Various markets are finding agents starting to offer buyers and sellers extras and are going above and beyond what their normal real estate services would include.

Agents 36

Agents Real Estate Agent Sellers Real Estate 36

Mortgagebroker News

MAY 3, 2022

Launched in 2020, the company seeks to connect everyday borrowers with individual investors

Investors 69

Investors 69

Housing Wire

MAY 3, 2022

While retention, engagement and automation are the hottest topics coming out of a growing labor shortage, employee turnover can also cause cyber risk and other operational issues for title companies. The Great Resignation and lack of available labor has been a hot topic in the general media for some time now. It’s significantly impacting the title insurance industry now and will only become more prominent as the boomer workforce continues with retirement plans.

Training 397

Training Business Tools Clients 397

Mortgagebroker News

MAY 3, 2022

Inventory shortage continues to influence market trends, industry players say

Inventory 69

Inventory Marketing 69

Housing Wire

MAY 3, 2022

U.S. home prices in March climbed a record 20.9% year over year, but the explosive pace of appreciation is expected to cool down to the single digits by the same time next year. The jump in March marks the 122nd consecutive month that the annual housing-price measure has increased, according to CoreLogic ‘s recent national Home Price Index report.

Buyers 432

Buyers Mortgage Housing Market Real Estate 432

Mortgagebroker News

MAY 3, 2022

Housing can contribute to climate-mitigation strategies, Crown corporation says

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Housing Wire

MAY 3, 2022

Fannie Mae , the government-sponsored enterprise that backs the majority of conventional mortgages, is not immune to the sharp decline in mortgage refinances. The enterprise reported $7.5 billion in first quarter revenue, a $700 million jump from 2021. But net income income was down 12% from nearly $5 billion first quarter 2021, to $4.4 billion this quarter.

Mortgage 384

Mortgage Marketing Finance Sellers 384

Mortgagebroker News

MAY 3, 2022

"Wanting to live an exciting, fulfilling life doesn't stop when you hit a certain age"

Mortgage 60

Mortgage 60

Appraisal Buzz

MAY 3, 2022

Freddie Mac has named Kevin Palmer to head its multifamily business. He will serve as a member of the company’s Senior Operating Committee and report to the company’s president, Mike Hutchins. Palmer has served at Freddie Mac in a variety of positions since 2001, most recently as senior vice president for Single-Family Portfolio Management. “Over the course of his more than two decades at Freddie Mac, Kevin Palmer has demonstrated broad knowledge of the.

Business 283

Business Appraisal 283

Mortgagebroker News

MAY 3, 2022

Fears surrounding elevated inflation are taking their toll

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Appraisal Buzz

MAY 3, 2022

Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2022-R05, an approximately $952 million note offering that represents Fannie Mae’s fifth CAS REMIC transaction of the year. The reference pool for CAS Series 2022-R05 consists of approximately 127,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $38.5 billion.

Appraisal 150

Appraisal Mortgage 150

Clear Capital

MAY 3, 2022

Desktop Appraisal & Desktop Data Collection APIs are now available! Today we’re excited to announce the launch of our Desktop Appraisal solutions APIs — a new way to easily integrate and order our Desktop Appraisal and Desktop Data Collection (DDC) services without leaving your existing workflow system. Whether you need a complete, GSE-compliant desktop appraisal or simply the floor plan and property data to execute one, it can be done through our standard API, eliminating the uncertainty ar

Appraisal Process 69

Appraisal Process Appraisal Training Technology 69