BiggerPockets

JANUARY 22, 2024

Despite recent challenges in the commercial real estate space, one area has become surprisingly popular among institutional investors: retail. As demand for office space has declined, retail seems to have […]

Retail 80

Retail Investing Real Estate Investors 80

Housing Wire

MARCH 3, 2022

Finance of America Companies on Wednesday told investors that it managed to increase in originations in 2021, but a more competitive landscape reduced margins and, consequently, the company’s net income. Cook said margins are declining because the company is originating more through the wholesale channel than the retail division.

Finance 383

Finance Investors Mortgage Home Improvement 383

Housing Wire

JANUARY 10, 2024

Blue Sage Solutions’s primary product offering is a cloud-based digital lending platform designed to operate in the retail, wholesale, and correspondent lending channels while ensuring compliance. Additionally, the platform is accessible to all users, regardless of their current loan origination software.

Retail 417

Retail Lending Design Technology 417

Housing Wire

JULY 6, 2022

First Guaranty Mortgage Company , controlled by asset management giant PIMCO , abruptly stopped operations less than two weeks ago after encountering turbulence caused by a sharp rise in rates and challenges in selling loans to investors. In April, HousingWire chronicled the struggles of lenders in the non-QM space as rates surged.

Mortgage 497

Mortgage Retail Investors Business 497

Housing Wire

APRIL 23, 2024

Investor interest, product offerings When asked about investor interest, Krajewski said that partners are eager about the prospect of more companies entering the reverse mortgage business — especially firms that are well known to them. One of our goals is building out a retail sales team, which is really important to us.

Mortgage 413

Mortgage Loan Officers Investors Business 413

Housing Wire

OCTOBER 11, 2023

“When we think about the market that we’re today, then to the extent that we can diversify versus utilizing our capital to continue to grow our platform; doing fee-based business on a sub-servicing perspective; helping customers stay in their homes; and helping MSR owners or MSR investors service the asset that they own.

Retail 469

Retail Business Real Estate Investors 469

Housing Wire

MARCH 6, 2024

Sagent’s solutions include Loanserv, a servicing system of record powering collections, accounting, escrows, investor management and customer care; Tempo, a default management system of record powering loss mitigation, foreclosure and bankruptcy; and Account Connect, a customer care and retention system. billion in volume, an increase of 19.9%

Loan Officers 416

Loan Officers Retail Tools Investors 416

Housing Wire

MARCH 27, 2024

The deal was scrapped due to higher interest rates and rising redemption rates, which point to how many investors are exchanging their shares to get their money back. The following year, CMG acquired Homebridge’s retail assets. The blank check company was delisted from the New York Stock Exchange in December 2022.

Technology 437

Technology Lending Retail Investors 437

The Robert Weiler Company

SEPTEMBER 23, 2021

For commercial real estate companies and investors, looking at wide-ranging commercial property sectors, doing so can be an overwhelming (not to mention stressful and time-consuming) experience. Swimming in Success: Restaurant and Retail Space. To match the girth of American commercial real estate, it would take 7.2

Retail 158

Retail Real Estate Business Training 158

Housing Wire

APRIL 15, 2024

Investors reacted by adjusting their expectations for the number of rate cuts from the Federal Reserve this year. As investors adjust their expectations for the Fed’s moves, 10-year Treasury yields jumped roughly 40 basis points during the first two weeks of April, going from 4.20% to 4.60%, the highest level since November 2023.

Mortgage 454

Mortgage Retail Buyers Investors 454

Housing Wire

MARCH 29, 2024

In 2023, Doma sold off its retail operations in Florida , the Midwest , Central and Northern California , and Texas and made a major pivot in its business strategy. Its most recent endeavor is Upfront Title , launched during the third-quarter earnings call with investors and analysts. million for the entire year.

Insurance 417

Insurance Technology Real Estate Investing 417

Housing Wire

APRIL 4, 2023

million in a seed round, the Miami-based cryptocurrency lending platform announced on Tuesday that it launched a product that allows investors in Bitcoin, Ethereum and USDC to use their assets to secure funding for real estate purchases. “The use case for crypto has to go beyond investment potential. Six months after raising $3.5

Mortgage 383

Mortgage Investors Retail Investing 383

Housing Wire

JULY 19, 2023

She was the primary contact between Go Mortgage and its institutional lenders, investors and securitization counterparts. Go Mortgage, licensed in 44 states, originates in both the retail and wholesale channels. Chikonde, who was hired in January 2021, managed Go Mortgage’s warehouse lines, pricing, hedging and loan sales.

Mortgage 370

Mortgage Marketing Retail Construction 370

Housing Wire

FEBRUARY 9, 2023

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Northpointe became an approved seller and servicer for Freddie Mac in 2013, Fannie Mae in 2014 and Ginnie Mae in 2016.

Lending 383

Lending Business Retail Client Relationships 383

Housing Wire

SEPTEMBER 11, 2023

Target buyers for Cliffco include non-traditional buyers seeking investor loans. Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products.

Loan Officers 395

Loan Officers Agents Retail Technology 395

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. Meanwhile, employment in retail trade declined. We continue to forecast that the Fed will begin to cut rates in the spring of 2024, as job market trends are likely to weaken from here.”

Retail 406

Retail Government Investors Marketing 406

Housing Wire

MARCH 6, 2024

A group of investors led by the former U.S. Citadel Securities , other institutional investors, and company management members will also participate in the transaction, subject to definitive documentation and regulatory approvals. ” On a call on February 7, management told analysts that the bank’s total liquidity was $37.3

Investing 412

Investing Mortgage Real Estate Investors 412

Housing Wire

AUGUST 2, 2022

First American Financial Corporation ’s digital closing platform firm Endpoint is now offering a suite of integrated title tools specifically designed for proptech companies, investors and tech-forward real estate organizations looking for a scalable digital closing platform. Why proptech intergration is more important than ever. “The

Investors 382

Investors Real Estate Retail Clients 382

Housing Wire

OCTOBER 20, 2022

Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. The first quarter numbers reflect a pandemic-fueled housing fever dream that impacted the distressed housing marketplace as much as it did the retail housing marketplace.

Buyers 427

Buyers Housing Market Marketing Investors 427

Housing Wire

NOVEMBER 22, 2023

million in adjusted profits in the second quarter of 2023, according to Cagney’s letter to investors and partners in July. CMG acquired Homebridge’s retail assets in March. A new CEO would be considered for LendCo. Figure originated $900 million in loans and generated $2.7

Lending 427

Lending Valuation Technology Retail 427

Housing Wire

AUGUST 1, 2023

To gain insight into how Rocket plans to strengthen its local presence to capture purchase volume, HousingWire spoke to more than a dozen former Rocket employees, current retail loan officers and mortgage brokers who have been contacted by Rocket recruiters to join its local initiative. So this isn’t brand new,” Kidwell noted.

Loan Officers 370

Loan Officers Retail Real Estate Agent Real Estate 370

Housing Wire

MARCH 8, 2023

In addition, loan officers said that investors took advantage of a slower market. retail residential mortgage applications. 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.

Mortgage 383

Mortgage Loan Officers Investors Government 383

Housing Wire

JANUARY 18, 2024

This week, December’s retail sales report showed strong consumer spending even after adjusting for holiday spending and inflation as policy makers mull rate cuts. More than 57% of investors have priced in at least a quarter-point cut in March, according to the CME Group’s FedWatch tool.

Mortgage 529

Mortgage Inventory Retail Construction 529

Housing Wire

FEBRUARY 28, 2024

In a response to a question from an investor during a recent earnings call, Penn said that the company remains strongly committed to Longbridge and the reverse mortgage business. The share of originations through Longbridge’s wholesale and correspondent channels remained steady at 82%, with retail accounting for the remaining 18%.

Mortgage 417

Mortgage Investors Retail Business 417

Housing Wire

NOVEMBER 2, 2023

Non-QM borrowers such as those who are self-employed and real estate investors are generally less rate sensitive. In fact, a growing focus is the real estate investor population. with 85% owned by individual investors and LLCs based on 2021 U.S. The reasons for the success of non-QM lies partly in the composition of borrowers.

Investors 446

Investors Real Estate Lending Loan Officers 446

Inman

JUNE 28, 2023

The company intends to sell "substantially all of its assets," including its technology platform to pay creditors that include thousands of retail investors.

Real Estate 154

Real Estate Retail Investors Technology 154

Inman

AUGUST 14, 2023

Retail investors and local landlords offer real estate agents a wide array of options for staying active in a market bereft of traditional inventory, you simply need to know how to connect with them.

Inventory 148

Inventory Real Estate Agent Landlords Retail 148

Housing Wire

NOVEMBER 28, 2023

However, average gain-on-sale margins increased slightly to 1.37% in Q3 compared to 1.35% in Q2, mainly due to retail and wholesale margin improvements. It’s good news in the current shrinking market. “But the seasonal decline will be less than it was historically, given the already low level of purchase activity.”

Finance 427

Finance Retail Mortgage Investors 427

Housing Wire

OCTOBER 10, 2022

Atlanta-based Angel Oak Companies instituted a round of layoffs at its retail mortgage company on Friday, not long after trimming the workforce in its wholesale and correspondent business. With surging rates, non-QM lenders struggled to sell their loans in the secondary market as investors sought higher yields.

Retail 395

Retail Loan Officers Mortgage Government 395

Housing Wire

JULY 20, 2023

Mortgage rates dropped to 6.78% this week, the biggest weekly decline since mid-March, as investors digested a raft of mixed incoming economic data. Simultaneously, retail sales improved modestly and industrial production declined on waning demand.

Mortgage 370

Mortgage Construction Inventory Investors 370

Housing Wire

NOVEMBER 12, 2020

“In the case of home lending in particular, we’ve walked back some of our constraints in a reflection of the fact that we’ve seen home prices continue to improve,” Marianne Lake , the bank’s head of consumer banking, said at a virtual investor conference Monday. “We Exactly which credit standards have been loosened remains unclear.

Business 437

Business Mortgage Retail Lending 437

Housing Wire

DECEMBER 7, 2023

Clayton Collins, CEO, HousingWire Watch Now CEO Playbook: NewRez President Baron Silverstein Speakers: Baron Silverstein, CEO, NewRez Sarah Wheeler, Editor in Chief, HousingWire Watch Now PENNYMAC: building B2B channels to a leadership position Speakers: Kim Nichols, Managing Director, Pennymac TPO Brena Nath, HW+ & Events Director, HousingWire (..)

Modernization 407

Modernization Retail Valuation Insurance 407

Housing Wire

JANUARY 17, 2024

retail residential mortgage applications. “Mortgage rates declined across all loan types as Treasury yields moved lower last week on incoming inflation data , which helped to support a rise in mortgage applications. . Overall, mortgage applications rose by 10.4% in the week ending Jan. ”

Mortgage 469

Mortgage Retail Investors Marketing 469

Housing Wire

FEBRUARY 9, 2023

The company said it has a full-service retail origination platform that originates agency, government and investor portfolio loans. Founded in 1993, Chicago-based direct lender American Portfolio reached $685 million in volume over the last 12 months, according to the mortgage tech platform Modex.

Mortgage 370

Mortgage Retail Loan Officers Lending 370

Housing Wire

AUGUST 25, 2023

Retail lender AmeriFirst Financial Inc. Through its origination business, AmeriFirst kept its business purpose lending (BPL), providing four products, including debt-service coverage ratio (DSCR) loans, bridge financing, investor construction loans and residential transition loans (RTLs). Bankruptcy Court for Delaware.

Mortgage 370

Mortgage Retail Business Lending 370

Housing Wire

FEBRUARY 21, 2023

We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If The performance gap between foreclosure sale dispositions and retail REO sale dispositions widened to 40 points in the downshifting 2022 market.

Housing Market 383

Housing Market Renovations Marketing Retail 383

Housing Wire

MARCH 14, 2023

. “Winners in this industry want to join our platform because we’re identifying the acute pain points of loan originators of different backgrounds—whether that be a retail shop or their own brokerage—and providing value-based solutions,” UMortgage President and CEO Anthony Casa.

Loan Officers 370

Loan Officers Retail Brokerage Lending 370