Housing Wire

NOVEMBER 25, 2020

Many real estate investors were serendipitously ahead of this shift even before the pandemic started, driven by both affordability and an affinity for overlooked markets. Those markets I’m able to put a little bit less money in but also make a comfortable amount of return,” said Bijan Green, a Denver-based real estate investor. “A

Real Estate 545

Real Estate Investors Marketing Buyers 545

Housing Wire

SEPTEMBER 27, 2022

The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac , has been granted summary judgment on the last remaining claim by investors in a lawsuit alleging the government overstepped its authority when it adjusted its stock-purchase agreements with the agencies and allowed net worth sweeps.

Government 545

Government Investors Law Finance 545

Housing Wire

SEPTEMBER 11, 2023

In this role, she will lead the company’s efforts in external public and industry relations, touching on corporate communications, public policy, government enterprise and agency affairs. Prior to this new position, she served as the chief investor and industry relations officer of Home Point Financial Corporation.

Investors 397

Investors Insurance Finance Government 397

Housing Wire

MARCH 18, 2024

Valuation Selector helps lenders and investors identify the most suitable valuation method (AVM, AVM with inspection, desktop exterior, desktop interior or full appraisal) for a property, depending on its complexity.

Valuation 421

Valuation Reconsideration of Value Tools Technology 421

Housing Wire

SEPTEMBER 13, 2023

Tech executive and investor Keith Rabois at venture capital firm Founders Fund led the capital injection. It allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. in March, is also listed as a senior advisor.

Mortgage 432

Mortgage Government Advertising Buyers 432

Housing Wire

AUGUST 14, 2023

The jury awarded shareholders of the government sponsored enterprises a total of $612.4 A group of GSE investors alleged that the government knew the GSEs would turn a huge profit after a $100 billion bailout from the Treasury in 2008. The arrangement essentially washed out private investors’ ownership interests in the GSEs.

Investors 370

Investors Government Law Investing 370

Housing Wire

MAY 2, 2024

Potempa mainly focuses on the government lending space, which represents 60% of his total volume, he said. “In wholesale, you can shop and sell the loan to a multitude of investors. Right now, we have 200 different investors.” .” According to Scotsman Guide , Potempa was the No.

Loan Officers 421

Loan Officers Mortgage Retail Lending 421

Housing Wire

JANUARY 11, 2024

District Court for the Northern District of Texas , Ginnie Mae has filed its response to a lawsuit brought against it by Texas Capital Bank (TCB) saying the warehouse lender lacks standing and discounts the authority the government has to extinguish a lender from its reverse mortgage-backed securities program.

Lending 432

Lending Government Legal Law 432

Housing Wire

MARCH 5, 2024

Ginnie Mae has introduced new cybersecurity incident reporting requirements, the government-owned enterprise announced on Monday. Valverde said these problems affect homeowners, investors and insurance companies, and Ginnie Mae is “a bridge for all those counterparties.”

Insurance 431

Insurance Government Investors Finance 431

Housing Wire

MARCH 8, 2023

However, a surge in demand for government loans and adjustable-rate mortgages (ARMs) played a role in last week’s increase. In addition, loan officers said that investors took advantage of a slower market. and government loans were up 13% last week, according to the MBA estimates. from the week prior.

Mortgage 384

Mortgage Loan Officers Investors Government 384

Housing Wire

DECEMBER 5, 2023

When individual mortgages are originated by lenders like banks or credit unions , they may bundle groups of these mortgages together into financial vehicles called mortgage-backed securities (MBS) that are then sold to investors on a secondary market. This helps attract ongoing investment capital into the housing sector.

Technology 432

Technology Mortgage Investors Lending 432

Housing Wire

FEBRUARY 28, 2024

Tom Davis: The main issue with fall-out scenarios is that the government-sponsored enterprises ( GSEs ) have a tighter box with underwriting standards. There are high income and high-net-worth self-employed borrowers and real estate investors in every town. Real estate investors build their portfolios regardless of market conditions.

Mortgage 431

Mortgage Investors Real Estate Business 431

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 441

Investors Mortgage Finance Government 441

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. AFR offers agency, nonagency and government lending products. The financials of the deal were not disclosed.

Lending 430

Lending Renovations Construction Finance 430

Housing Wire

OCTOBER 18, 2021

Forbearance declined across the board this week as government agencies and industry stakeholders chart a path out of forbearance and into loss-mitigation. The forbearance rate for loans not backed by the government, either because they are held in portfolio or are private-label securities, also declined by 108 basis points to 5.34%.

Government 410

Government Investors Finance Design 410

Housing Wire

DECEMBER 21, 2023

It is a sub-servicer for commercial banks, credit unions, independent mortgage lenders, MSR investors and state housing finance agencies nationwide. Its services include portfolio, government, and Fannie Mae and Freddie Mac loans. Dovenmuehle, founded in 1844, provides a private-label mortgage sub-servicing solution, per its website.

Human Resources 431

Human Resources Mortgage Government Investors 431

BiggerPockets

OCTOBER 11, 2023

There's turmoil in government, and that's plunging investor confidence. Here's what you need to know.

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Investors Government Real Estate 83

Housing Wire

APRIL 18, 2024

A large portion of those loans, once repurchased from the government-sponsored enterprises (GSEs) at par, were later resold for much less in the so-called “scratch and dent market. It makes sense that the investors are asking lenders to ward off as many problems as possible [via QC efforts] before a loan is made.

Investors 421

Investors Technology Mortgage Training 421

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. The inflation data comes on the heels of a stronger-than-expected September jobs report. In comparison, the CPI rose 0.6% in August and 0.2% With the next FOMC meeting on Nov.

Government 409

Government Housing Market Contracts Insurance 409

Housing Wire

OCTOBER 6, 2023

These measures will provide the market with greater certainty about the future path of mortgage rates and the Fed’s plans for its MBS portfolio and reduce volatility for traders and investors, Broeksmit noted. The central bank currently holds about $2.6 trillion of MBSs as part of its roughly $8 trillion securities portfolio.

Government 473

Government Mortgage Investors Marketing 473

Housing Wire

FEBRUARY 7, 2024

According to a Bloomberg report, the bank has already started to offer its mortgage assets to investors in order to transfer the portfolio risks. Bloomberg, citing anonymous sources, reported that NYCB has contacted investors to finance a large portfolio of residential mortgages held by Flagstar Bank.

Mortgage 441

Mortgage Marketing Investors Real Estate 441

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 458

Mortgage Supply Chain Investors Technology 458

Housing Wire

AUGUST 2, 2022

For the conventional mortgage market, the government-sponsored enterprises could bear the entire cost of the forbearance, the researchers argue. Investors that take on GSE-backed mortgage risk might require smaller spreads, the researchers write. But while the borrower isn’t paying, who would?

Government 370

Government Insurance Investors Finance 370

Housing Wire

FEBRUARY 1, 2024

Servicers can use the solution to process and determine eligibility quickly in real-time, gathering and leveraging a customizable eligibility engine to support all government, GSE and private label investor waterfalls.

Investors 323

Investors Government Mortgage Business 323

Housing Wire

FEBRUARY 10, 2023

This acquisition will provide us with an asset management platform to raise third-party capital on an ongoing basis from institutional investors who seek exposure to MSRs and other mortgage assets,” Chris Marshall, vice chairman and president of Mr. Cooper, told analysts during a call on Friday. Cooper then decided to acquire Roosevelt.

Investing 370

Investing Investors Insurance Government 370

Housing Wire

DECEMBER 8, 2023

Employers picked up the hiring pace in November, shaking investors’ confidence in the Federal Reserve ’s likelihood of cutting interest rates in 2024. In November, job gains occurred in health care, government and manufacturing. Meanwhile, employment in retail trade declined. The unemployment rate slipped to 3.7% in October.

Retail 410

Retail Government Investors Marketing 410

Housing Wire

OCTOBER 5, 2023

Mortgage-backed securities have cheapened to some of the widest levels in modern history in the past few weeks as global investors sell off government bonds and central bankers in Europe and the U.S. double-down on stiff monetary policy, according to Bloomberg.

Mortgage 450

Mortgage Modernization Government Investors 450

Housing Wire

MAY 14, 2024

In the first quarter, we saw normal seasonality in purchase opened orders with sequential improvement coming off the fourth quarter,” Fidelity CEO Mike Nolan told investors and analysts during the firm’s Q1 2024 earnings call on Thursday. “In The number of purchase orders opened per day was up 5% on a yearly basis. “In

Insurance 450

Insurance Real Estate Sellers Housing Market 450

Housing Wire

SEPTEMBER 11, 2020

The drop in the availability of credit was “driven by a reduction in supply from both conventional and government segments of the market,” said Joel Kan, an MBA associate vice president. The Jumbo MCAI measuring high-balance loans fell 8.9%, and the Conventional MCAI that measures loans not backed by the government fell 8.7%.

Mortgage 545

Mortgage Government Contracts Lending 545

Housing Wire

NOVEMBER 17, 2021

He added that purchase applications increased for conventional and government loans, as demand shows resiliency in late fall when home buying activity typically slows. In the purchase activity, real estate investors are more active than ever, challenging individual homebuyers. Refi represented 62.9% the previous week. in the period.

Investors 421

Investors Contracts Government Real Estate 421

Housing Wire

FEBRUARY 22, 2024

GNMA guarantees investors will receive payments on more than $2 trillion of mortgage-backed securities,” she said. “We We look forward to continuing our partnership with GNMA leadership to help strengthen and enhance their program, which provides liquidity for important government-backed homeownership programs.”

Government 421

Government Mortgage Investors Finance 421

Housing Wire

OCTOBER 2, 2020

The proposed rule addressed capital, liquidity, governance, policy related to entity survivorship, and more. Nonbanks are intermediaries that originate loans to the terms of the ultimate investor. These investors included the GSEs, the Ginnie Mae programs, larger bank portfolios, and Wall Street firms.

Government 525

Government Investors Lending Mortgage 525

Housing Wire

APRIL 22, 2021

ESG stands for environmental, social and governance — three categories of non-financial disclosures that consumers and investors are increasingly interested in. Johnson said that investors are drawn to the program because of its third-party validation. but are well-established in Europe. “Our

Finance 420

Finance Investors Government Business 420

Housing Wire

MARCH 22, 2023

Pacific Western Bank also explored a capital raise with potential investors. In 2021, the bank acquired Civic Financial Services , a private money lender that caters to real estate investors, a strategic move into specialized areas of the non-QM market. In addition, it has drawn $3.7 billion from the Federal Home Loan Banks , $10.5

Real Estate 397

Real Estate Investors Investing Finance 397

Housing Wire

APRIL 14, 2022

You don’t know what investor demand is going to be. government bonds or GSE-related [government-sponsored enterprise] securities, then interest rates will rise even further. . It’s just hard to tell exactly what will happen because there’s so many currents,” Goodman explained. in 2009 to 1.9%

Marketing 410

Marketing Investors Government Investing 410

Housing Wire

AUGUST 16, 2022

theLender , which offers government and conventional mortgages as well as non-QM products, saw a 20,489% three-year growth rate. Trius Lending, a local direct and hard-money lender specializing in residential investment, attributed its rapid success to customizing to investors’ needs. 5000 list for the first time.

Mortgage 370

Mortgage Lending Investors Brokerage 370

Housing Wire

AUGUST 16, 2023

As the next Fed meeting approaches, investors worry about another rate hike. However, government purchase applications jumped 2.4% over the week.

Mortgage 370

Mortgage Contracts Government Investors 370