Housing Wire

MARCH 18, 2022

Veteran mortgage executive Bill Dallas has left his position as president of Finance of America Mortgage amid larger changes to the Texas-based nonbank lender’s C-Suite and business lines. His exit was first reported by Inside Mortgage Finance. Presented by: Finance of America. Last year, the lender funded $35.6

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Finance Mortgage Business Lending 465

Housing Wire

NOVEMBER 1, 2023

Michael Gifford and David Zvaifler‘s home equity investment company, Splitero , lost its main investor, Redwood Trust , HousingWire has learned. He added that Splitero was looking for other investors and hinted that the company would have some good news to share soon.

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Investors Investing Contracts Loan Officers 378

Housing Wire

JULY 25, 2023

F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. just to give an idea of how fragmented it is in terms of the lender,” Christian Faes, founder of F2 Finance, said in an interview with HousingWire. LendInvest has more than $4.7 billion (£3.7

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Finance Marketing Lending Inventory 337

Housing Wire

OCTOBER 13, 2020

End-to-end lending and services platform Finance of America Capital is the latest mortgage company to get in on the mushrooming IPO craze. Finance of America, says its collection of companies has originated over $65 billion in loans since 2017. Finance of America operates through retail, wholesale and correspondent channels.

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Finance Lending Retail Investing 481

Housing Wire

MAY 5, 2023

announced on Thursday that the Optimal Blue product, pricing and eligibility engine (PPE) has added investor content from 54 state-based housing finance agencies (HFAs). Optimal Blue , a division of Black Knight, Inc.

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Investors Finance Clients Real Estate 329

Housing Wire

JUNE 15, 2023

National mortgage loan subservicer Cenlar FSB announced on Thursday that it has named the Thomas Donatacci as its investor relations officer. He is expected to strengthen Cenlar’s relationships with stakeholders in this role, including agency investors, shareholders, clients, and rating agencies.

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Housing Wire

MAY 17, 2023

In fact, ATTOM reports that one in 12 home sales in the nation last year, or 8.4%, involved fix and flip investors — whose strategy is to acquire, renovate (fix) and then resell (flip) the properties. More investors keep looking to flip homes … but are making less and less in the process “ ATTOM CEO Rob Barber said.

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Finance Marketing Renovations Investors 357

Housing Wire

SEPTEMBER 21, 2023

The credit risk analytics will combine ICE’s physical climate risk data and DeltaTerra’s climate analytics, financial risk models, and market data to deliver risk impact estimates for investors in the residential and commercial mortgage-backed securities markets. Our climate risk data can help inform investment decisions of U.S.

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Investors Investing Finance Insurance 231

Housing Wire

MAY 9, 2022

Fast-rising interest rates hit Finance of America Companies hard in the first quarter of 2022 and the company cut almost 600 jobs compared to one year ago. . “Credit spreads widened on most financial assets, as investors proceeded to increase risk in the market,” said Cook to analysts. It began trading at $10 a share.

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Finance Business Mortgage Market Value 360

Housing Wire

MARCH 11, 2021

Finance of America Reverse will soon debut a hybrid product that combines elements of a reverse mortgage with a forward mortgage. The new product, called EquityAvail, funds at closing and requires that the borrower make payments for 10 years but at a reduced amount, Finance of America Reverse said this week.

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Finance Mortgage Retail Home Value 394

Housing Wire

APRIL 2, 2021

Finance of America on Monday will become the latest lender to make its debut on the New York Stock Exchange. To coincide with the IPO, institutional investors have pledged to make a private investment of $250 million in the company. According to Inside Mortgage Finance, FOA was the 26th largest mortgage originator by volume in 2020.

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Finance Renovations Investors Retail 268

Housing Wire

NOVEMBER 2, 2020

As the pandemic shifts from crisis to chronic, investors, community leaders and housing advocates say they intend to make the most of the chance to permanently elevate the case for affordable housing even as economic metrics are starting to shift. The influx of cash to consumers early in the pandemic kept rent payments flowing, all agree.

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Investors Transportation Property Taxes Investing 415

Inman

JANUARY 24, 2023

A slate of new companies backed by institutional investors is offering ways for owners to tap home equity. They made their pitch on Tuesday at Inman Connect New York.

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Investors Finance Investing Technology 128

Inman

MARCH 21, 2023

Real estate investors are heading into spring facing the same inventory and interest rate woes that are dampening all of real estate. But sometimes necessity is the mother of invention.

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Investors Finance Real Estate Inventory 126

Appraisal Buzz

JANUARY 18, 2022

The Colorado Housing and Finance Authority (CHFA) has integrated Encompass Investor Connect and AIQ technology from ICE Mortgage Technology , part of Intercontinental Exchange Inc. The post First State Housing Finance Authority Integrates ICE’s Mortgage Loan Delivery Technology appeared first on Appraisal Buzz.

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Technology Finance Mortgage Investors 195

Boston Appraisal

OCTOBER 6, 2023

While there is a myriad of financing options available for those looking to purchase or invest in real estate, today we’ll zero in on two distinct choices: hard money loans and traditional financing. Hard money loans, in contrast, are often financed by private investors or smaller lending companies.

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Finance Investors Real Estate Lending 148

Housing Wire

JULY 21, 2021

Auction.com buyer and real estate investor Sue McCormick is ahead of the curve when it comes to President Joe Biden’s plan to revitalize underserved neighborhoods while also providing affordable housing for low- and moderate-income homebuyers. “My After we listed, a couple others sold and got a premium for their homes.”.

Real Estate 461

Real Estate Investors Market Value Home Value 461

Inman

FEBRUARY 26, 2024

Alternative financing company Knock has secured $10 million from Second Century Ventures, the venture capital arm of the National Association of Realtors, and Foundry Venture Capital. It's using Wefunder to reach $15 million total.

Investors 158

Investors Finance Realtors Lending 158

Housing Wire

JANUARY 16, 2024

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors.

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Investors Housing Market Construction Finance 425

Housing Wire

DECEMBER 2, 2020

Blackstone Group -controlled Finance of America posted record margins and originations in the third quarter , ahead of its public offering via a blank check company in 2021. After the merger, Finance of America is slated to receive a $250 million investment from institutional investors. billion valuation.

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Finance Lending Retail Business 219

Housing Wire

JANUARY 29, 2021

Over the past six months, mergers and acquisitions, huge financing rounds and public offerings have dominated headlines across the real estate and housing finance sector. This level of action is keeping finance executives like Jeremy Collett , Executive Director, Capital Markets at Guaranteed Rate busier than ever.

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Finance Real Estate Mortgage Valuation 256

Inman

JUNE 6, 2023

Brad Smotherman bought 28 homes last month without traditional financing. The Tennessee real estate investor told Inman how he does it. He plans to double his business by the end of 2024.

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Real Estate Investors Finance Business 116

BiggerPockets

JANUARY 22, 2024

We'll explain how it all works and if it's a smart move for investors. The program allows you to receive a partial down payment loan with no interest.

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Investors Finance 79

Housing Wire

MARCH 4, 2021

Aside from Visa, Plaid’s investors include Goldman Sachs, a16z (Andreessen Horowitz), Citi Ventures, American Express Ventures, GV, Index Ventures, NEA and former Kleiner Perkins partner Mary Meeker. The post Plaid unveils Income to aid customer finance appeared first on HousingWire. Its most recent valuation was $5.3 billion merger.

Finance 213

Finance Valuation Investors Technology 213

Housing Wire

SEPTEMBER 11, 2023

Prior to this new position, she served as the chief investor and industry relations officer of Home Point Financial Corporation. Meanwhile, Greenberg was promoted to senior vice president of finance where he will oversee investor relations, financial planning, analysis, data analytics and treasury.

Investors 343

Investors Insurance Finance Government 343

Housing Wire

DECEMBER 15, 2023

Real estate tech firm Prevu announced a Series A financing round Thursday of $6 million. This financing round will allow us to continue to accelerate our growth, and we are excited to partner with our new investors who bring a tremendous amount of insight on real estate and fintech to contribute to our journey.”

Real Estate 338

Real Estate Finance Technology Buyers 338

Housing Wire

DECEMBER 5, 2023

This acquisition is the next step on EasyKnock’s clear path to lead the industry as the first platform to offer customers alternative solutions to buy and sell, finance new homes and utilize their equity in one place,” Jarred Kessler, CEO and founder of EasyKnock said in a statement.

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Modernization Investors Technology Finance 375

BiggerPockets

SEPTEMBER 22, 2023

Is a jumbo loan a good option for real estate investors? We'll explain what is a jumbo loan and provide some pros and cons for this financing option.

Investors 81

Investors Finance Real Estate Mortgage 81

Housing Wire

NOVEMBER 28, 2023

nonbank mortgage finance companies rated by Moody’s – measured as the pretax earnings, excluding fair value marks and nonrecurring items, divided by average adjusted tangible managed assets – improved to an average of 1.7% Excluding the two unprofitable firms – Finance of America and loanDepot – it averaged 3.4%

Finance 385

Finance Retail Mortgage Investors 385

Eppraisal

NOVEMBER 28, 2023

Here’s what you need to qualify for a loan, plus the rundown on five financing choices. How First-Time Homeowners Can Utilize Financing Options Buying a house involves saving considerable cash and borrowing the remaining funds necessary to make a purchase is the norm. They can be conforming or nonconforming.  Conforming

Finance 69

Finance Government Insurance Property Taxes 69

Real Estate News

SEPTEMBER 25, 2023

George Carrillo will take on the top role at the newly launched National Hispanic Construction Alliance; Ravi Jani joins Real as VP of investor relations.

Finance 144

Finance Construction Investors 144

Housing Wire

JANUARY 17, 2024

Fannie Mae and Freddie Mac are in the spotlight again over the role some housing-industry experts say they could play in reducing mortgage rates if they resumed a more active investor role in the mortgage-backed securities (MBS) market. In a market in which supply exceeds demand, investors have the advantage in pricing.

Marketing 356

Marketing Investors Mortgage Finance 356

Real Estate News

OCTOBER 4, 2023

A recent survey found that investor optimism increased in the past six months, though the high cost of financing is slowing investment purchases.

Investors 241

Investors Finance Investing 241

Housing Wire

FEBRUARY 12, 2024

A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. The financials of the deal were not disclosed.

Lending 341

Lending Renovations Construction Finance 341

Housing Wire

FEBRUARY 22, 2024

Recent cyberattacks at mortgage companies have put the industry in alert mode, executives at top lenders, servicers, tech vendors and investors told HousingWire. Reputational risk Mortgage companies, tech vendors and investors are taking steps to protect their systems. It could disrupt the cash flow to investors, Fitch said.

Mortgage 394

Mortgage Supply Chain Investors Technology 394

Housing Wire

JANUARY 9, 2024

CCM claims it is “the first mortgage lender to commit to issuing MBS exclusively based on FICO Score 10 T,” a step for investors at the $12 trillion MBS global market “to familiarize themselves with the new score and realize the promised performance improvement.”

Investors 418

Investors Mortgage Finance Government 418

Housing Wire

SEPTEMBER 13, 2023

Combined, this partnership could spur better decision-making for investors and home buyers as well as create a more efficient workflow for agents, the statement said. Additionally, the partnership comes off the heels of a $13 million Series B financing for Local Logic in August.

Real Estate 379

Real Estate Valuation Investors Technology 379