Housing Wire

JUNE 26, 2024

The first is for up to $200 million in aggregate principal of senior secured first-lien notes due in 2026, while the second is for up to $150 million in aggregate principal of exchangeable senior first-lien notes due in 2029. FOA added that more than 90% of the parties to the 2025 unsecured debt agreement agreed with the restructuring.

Finance 417

Finance Principal Commercial Equity 417

Housing Wire

MARCH 5, 2024

He oversees the strategy and growth of Pagaya’s commercial business – including its single-family rental business and its subsidiary Darwin Homes. Two Harbors’ originations business will hedge its servicing portfolio of $216 billion in unpaid principal balance (UPB) as of Dec. Kasnet, chairman of Two Harbors, said in a statement.

Principal 446

Principal Commercial Loans Mortgages 446

Housing Wire

MARCH 19, 2024

has been in business for more than 50 years and offers regulatory compliant default, rental and real estate-owned (REO) residential and commercial property preservation services. Five Brothers, headquartered in Warren, Mich., These include services for the reverse mortgage industry, marking MCS’ initial entry into the sector.

Mortgages 448

Mortgages Principal Commercial Real-estate owned 448

Housing Wire

MARCH 6, 2024

The California-based lender and servicer promoted Jim Follette to chief digital officer, a new role to pursue opportunities in digital innovations, commercial markets and solutions for homeowners. It produced $99 billion in unpaid principal balance (UPB) in 2023. Founded in 2008, Pennymac employs about 3,900 people nationwide.

Technology 448

Technology Principal Commercial Mortgages 448

Housing Wire

MARCH 6, 2024

The move strengthens the bank’s balance sheet amid a confidence crisis related to its commercial real estate loan portfolio. Liberty is expected to invest $450 million, followed by $250 million from Hudson Bay Capital and $200 million from Reverence Capital Partners. The leadership is also changing. billion goodwill impairment.

Equity 443

Equity Mortgages Banks Commercial 443

Housing Wire

SEPTEMBER 17, 2024

FOA also advised that any investors who participate could receive “a cash fee equal to 0.25% of the aggregate principal amount of outstanding 2025 unsecured notes that are exchanged,” according to the announcement. Anyone with potential interest in the agreement must signal their intent to participate by 5 p.m. per share the following day.

Commercial 432

Commercial Finance Branding Principal 432

Housing Wire

NOVEMBER 24, 2020

The tools and functionality developed by Homesnap for residential property agents, such as lead generation, client collaboration, and digital advertising, have direct applicability to commercial brokers.”. Over the weekend, CoStar Group announced that it has agreed to acquire real estate tech company Homesnap. starting in January.

Principal 459

Principal Residential Commercial Development 459

Housing Wire

AUGUST 25, 2022

Qualia says its API provides real estate businesses and PropTech companies the ability to automatically connect internal software tools, integrate with their commercial partners, and analyze their comprehensive performance data. Qualia is not the only closing software firm working on improving integration.

Title 397

Title Principal Commercial Technology 397

Housing Wire

FEBRUARY 22, 2022

At the same time, those options trigger specific additional requirements from investors, including reporting principal and interest collection activity, drafting funds due to the investor, resolving any reporting or drafting discrepancies, and reconciling custodial accounts. According to Craig Martin , mortgage practice lead with J.D.

Commercial 418

Commercial Investor Loans Mortgages 418

Housing Wire

MAY 1, 2023

The Federal Deposit Insurance Corporation (FDIC) and JP Morgan are also entering into a loss-share transaction on single family, residential and commercial loans it purchased from the former First Republic Bank. All depositors of First Republic Bank will become depositors of JPMorgan and will have full access to all of their deposits.

Banks 397

Banks Commercial Loans Principal 397

Housing Wire

JULY 19, 2021

Margaret Redman has been named director of national commercial services and senior regional underwriting counsel for North American Title Insurance Co. Generally accepted accounting principal (GAAP) revenues are expected to be around $226.4 V , said Valerie Jahn-Grandin, NATIC’s executive vice president and chief underwriting counsel.

Title 370

Title Commercial Principal Branding 370

Housing Wire

MAY 16, 2022

UWM, the nation’s largest wholesale lender, sold MSR on loans with an aggregate unpaid principal balance of about $56.6 billion in the unpaid principal balance of MSRs as of March 31, 2022 compared to $221 billion exactly a year earlier. Rocket Companies ($1 billion), United Wholesale Mortgage ($453.2 million) and Homepoint ($11.9

Principal 397

Principal Banks Loans Lending 397

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Industrial 435

Industrial Title Commercial Banks 435

Housing Wire

MAY 23, 2024

Borrowers tend to be younger, single seniors As stated by actor Tom Selleck in a commercial for American Advisors Group (AAG) in 2019, the reverse mortgage program has served “over a million Americans.” The study’s section on borrower characteristics reinforces the figure, detailing that the Federal Housing Administration (FHA) endorsed 1.1

Equity 459

Equity Loans Principal Commercial 459

Housing Wire

SEPTEMBER 21, 2023

The rapid ascent is mostly behind us but it will be a while before the economy sees any sign of a gradual descent, Marty Green, principal at mortgage law firm Polunsky Beitel Green , added. Incoming data of job and CPI reports next month will provide more clarity on how strong the economy is.

Banks 448

Banks Mortgages Principal Commercial 448

Housing Wire

FEBRUARY 8, 2024

” Two Harbors’ origination business will hedge its servicing portfolio of $216 billion in unpaid principal balance (UPB) as of Dec. ” Two Harbors’ origination business will hedge its servicing portfolio of $216 billion in unpaid principal balance (UPB) as of Dec. 31, 2023. “We

Lending 434

Lending Mortgages Principal Loans 434

Housing Wire

SEPTEMBER 1, 2023

In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations. Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success.

Technology 476

Technology Title Development Lending 476

Housing Wire

APRIL 10, 2024

Following the wind down of its forward mortgage business and sales of non-reverse segments including Lender Services, Commercial Originations and Home Improvement, FOA is focused solely on the reverse mortgage market,” the company said. The Company has substantially completed its exit from all non-core businesses at the end of Q1’24.”

Investor 448

Investor Bankruptcy Finance Equity 448

Housing Wire

MARCH 21, 2022

Commercial or business loans. Lyle Solomon is the principal attorney with Oak View Law Group in California. Most real estate professionals understand that the Real Estate Settlement and Procedures Act (RESPA) was created keeping customers in mind. Loan types covered by RESPA are many, but there are specifically exempt loan types.

Agents 370

Agents VA loan Land Construction 370

Housing Wire

AUGUST 9, 2022

billion in assets, has a diverse portfolio of residential and commercial real estate assets. That’s based on a comparison of the principal balance of the loans on the books and their fair market value as reported by the REIT as of that date. The principal balance of WMC’s residential whole loan portfolio at June 30 stood at $1.24

Marketing 418

Marketing Bankruptcy Loans Principal 418

Housing Wire

JANUARY 17, 2024

But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance. For real estate professionals, this option presents an opportunity to capture more sales.

Finance 482

Finance Seller concession Loan Officer Loans 482

Housing Wire

AUGUST 26, 2024

trillion unpaid principal balance (UPB). Conversely, other companies seized the opportunity to expand their portfolios, securing the future right to get the inside track on refinancings when rates eventually drop. In the meantime, these companies could market other products, such as home equity loans, to borrowers in these portfolios.

Mortgages 459

Mortgages Banks Debt-to-income ratio Loans 459

Housing Wire

FEBRUARY 8, 2023

Servicing to the rescue The company’s mortgage servicing rights portfolio (MSRs) totaled $609 billion in unpaid principal balance (UPB) as of December 31, 2022, up from $615 billion as of September 30, 2022. The company reduced its expenses, dramatically cutting its workforce by 56%, to deal with a shrinking mortgage market.

Equity 370

Equity Principal Loans Mortgages 370

Housing Wire

FEBRUARY 27, 2025

In 2025 alone, the company has launched its AI-powered website, Rocket.com , brought on Katie Sweeney as executive vice president of broker advocacy for Rocket Pro, made a Super Bowl commercial comeback and kicked off a companywide rebranding campaign. Rocket Mortgage generated $100.8 The Detroit-based company has had a busy few months.

Loans 312

Loans Equity Principal Commercial 312

Housing Wire

AUGUST 11, 2022

billion in assets, has a diverse portfolio of residential and commercial real estate assets. That’s based on a comparison of the principal balance of the loans on the books and an assessment of their fair market value as reported by the REIT as of that date. Likewise, Atlanta-based A ngel Oak Mortgage Inc. , The Angel Oak Cos.

Mortgages 397

Mortgages Residential Loans Lending 397

Housing Wire

SEPTEMBER 13, 2024

Ryan Serhant and his brokerage SERHANT. are riding a sugar high thanks to the success of “Owning Manhattan,” the Netflix show that followed Serhant and his agents around New York as they shopped some of the priciest properties in the city. The show has been renewed for a second season and Serhant says it will begin filming in a few weeks.

Brokerage 433

Brokerage Branding Agents MLS 433

Realty Biz

FEBRUARY 10, 2021

Investors typically focus on either residential or commercial properties. Lower barrier to entry : Commercial property investments generally require sophisticated analysis to evaluate, more money, and complicated financing. Principals identify houses in need of minor repairs or cosmetic refurbishments selling below market costs.

Commercial 113

Commercial Residential Investor Finance 113

Housing Wire

MARCH 1, 2023

Net issuance represents new securities issued less the decline in outstanding securities due to principal paydowns or prepayments. That’s the takeaway from a recent market report by the Amherst Group , a real estate investment firm based in Austin, Texas. to 4.75% range, up from 0.25% a year ago.

Marketing 397

Marketing Banks Mortgages Investor 397

Housing Wire

FEBRUARY 8, 2022

Larry Goldstone is tired of being ghosted. He is used to it by now, but the problem has only gotten worse since the beginning of the COVID-19 pandemic. Goldstone has tried contact via phone calls and emails consistently. If necessary, he even knocks on doors — without success. We know who the borrowers are. We service their loans.

Loans 370

Loans Pre-approval Mortgages Principal 370

Housing Wire

MARCH 5, 2024

He oversees the strategy and growth of Pagaya’s commercial business – including its single-family rental business and its subsidiary Darwin Homes. Two Harbors’ originations business will hedge its servicing portfolio of $216 billion in unpaid principal balance (UPB) as of Dec. Kasnet, chairman of Two Harbors, said in a statement.

Principal 195

Principal Commercial Loans Mortgages 195

Realty Biz

JULY 1, 2022

Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Dawanna Williams is the Founder and Managing Principal of Dabar Development Partners – a real estate development firm that offers modern living solutions with intelligent planning, architectural ingenuity, and environmental integrity.

Principal 87

Principal Development Brokerage Residential 87

The Close

NOVEMBER 7, 2024

Investing in real estate may seem as simple as buying a property and collecting money, but it is far more complicated than that. Don’t stop reading, though. I said it was complicated, not impossible! This beginner’s guide will help you understand how to invest in real estate successfully, one step at a time.

Hard money loan 98

Hard money loan Purchase and sale agreement Investor Due diligence 98

Sotheby's International Real Estate

AUGUST 24, 2020

The Principality of Andorra | Andreu Cañadas , Andorra Sotheby’s International Realty. Located in the incomparable natural setting of Sant Miquel d’Engolasters, this exclusive 13-penthouse-unit new development named ESCALA defines the discreet luxury lifestyle in the Principality of Andorra.

Principal 64

Principal Development Commercial Residential 64

Fancy Pants Homes

DECEMBER 3, 2024

The unit is being repped by the same Corcoran Sunshine Marketing Group that handles the rest of the building, except for the commercial space component, handled by JLL. The unit is being repped by the same Corcoran Sunshine Marketing Group that handles the rest of the building, except for the commercial space component, handled by JLL.

Design 97

Design Development Residential Principal 97

RIS Media

NOVEMBER 30, 2020

The Mortgage Bankers Association (MBA) recently announced the members of its Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) for 2021. “MBA boasts a strong leadership group of professionals from all facets of commercial real estate finance. Johnson, Principal Real Estate Investors. – Steven R.

Commercial 82

Commercial Finance Principal Investor 82

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. So let your personality shine.

Agents 435

Agents Construction Design Branding 435

Housing Wire

DECEMBER 29, 2023

Thanks to the streamlined navigation of its learning platform, those that have the time and are ready to jumpstart their real estate careers may be able to complete the New York online real estate courses in as little as two weeks by investing 40-hours a week. Pass guarantee & refund policy: The CE Shop has a “Money-Back Guarantee.” out of 5.

Pre-approval 448

Pre-approval Agents Development Technology 448