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How smart home technology increases property value in a challenging market

Housing Wire

Over the past few years, we’ve seen an increased demand for smart home technology as consumers continue to embrace a digital lifestyle. Now, however, renters actually expect to see this technology in their living spaces.”. Why smart home technology now? and that really helps an operator maintain a higher level of security.”’.

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How technology can help mortgage lenders combat repurchase risk

Housing Wire

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 ensures their bundle retains its credit rating and market value.

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Technology’s role in rental property investment market

Housing Wire

rental sector has benefitted most landlords in this country, from larger multifamily investors to smaller mom-and-pop owners. Individual investors own about 70% of rental properties in the U.S., housing market, generally offering more affordable options while providing investors with a stable income stream.

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Figure Technologies launches wholesale lending platform

Housing Wire

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. Cagney’s attempt to bring blockchain technology to mortgage lending at scale dates back to August 2021.

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PennyMac Incorporates ICE Mortgage Technology Suite into Encompass Investor Connect

Appraisal Buzz

ICE Mortgage Technology , part of Intercontinental Exchange Inc., a global provider of data, technology and market infrastructure, has partnered with PennyMac Loan Services LLC, a subsidiary of PennyMac Financial Services Inc.

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Bond investor PIMCO bets on home-equity market

Housing Wire

Rising home prices continue to fuel the growth of the nation’s multi-trillion dollar home-equity market, a fact not lost on behemoth investment-management firm PIMCO. Mill Valley, California-based Redwood Trust sees the market sector as fertile ground as well. As of the end of September, it had some $2.2 trillion under management.

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How the bond market continues to impact mortgage originators and investors

Housing Wire

After months of low rates, there have recently been shocks to the bond market. HousingWire recently sat down with Scott Happ, president of Secondary Marketing Technologies for Black Knight, to discuss the impact this has on mortgage originators and investors. since year-end.

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