Housing Wire

FEBRUARY 13, 2025

The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans. The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans. billion since 2019. million received a 21.8%

Land 226

Land Investor Principal New Construction 226

Housing Wire

JANUARY 3, 2024

Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. The HUD program is a loan program that aids organizations in recruiting skilled workers for hard-to-fill or hard-to-recruit positions,” the announcement said.

Construction 448

Construction Principal Development Loans 448

Housing Wire

DECEMBER 3, 2020

Steven Caporale, founder and principal of Accel Realty Partners in Boise, has been in the industry for 25 years and said he’s never seen the housing market look like this. New construction continues to take more and more of our market,” Dopp said. “New New construction continues to take more and more of our market,” Dopp said.

Marketing 534

Marketing New Construction Construction Principal 534

Housing Wire

JANUARY 31, 2024

CoreLogic Principal Economist Molly Boesel told HousingWire the 2022 price boom was largely “a spillover from the for-sale market,” which has been stuck in a prolonged inventory crunch in the present high-mortgage-rate environment. Nationally, multifamily construction has grown at a faster rate than single-family construction.

Principal 482

Principal Construction Property Management Mortgages 482

Housing Wire

OCTOBER 1, 2024

It has built an MSR platform with 608,000 loans, representing $192 billion in unpaid principal value (UPB) and $2.8 Annaly has $75 billion in assets invested across its agency mortgage-backed securities (MBS), residential credit and MSR strategies. billion in market value as of June 30. billion as of June 30. Annaly was No. 14 in the ranking.

Closing 434

Closing Principal Loans Finance 434

Housing Wire

MAY 6, 2024

MBA and NRMLA each state that they are generally supportive of the proposed changes, which include wholesale revisions to the lender table for the best estimate of the total cost of a refinancing to the borrower, as well as increases to the borrower’s principal limit. Following an announcement that the U.S.

VA loan 448

VA loan Principal Residential Loans 448

Housing Wire

JANUARY 18, 2024

New construction starts fell to a seasonally adjusted annual rate of 1.460 million units, down 4.3% Looking ahead, homebuyers who may be looking to purchase a new construction home may continue to struggle with lack of inventory in 2024, as the overall estimated number of building permits issued in 2023 was down 11.7% compared to 2022.

New Construction 488

New Construction Principal Construction Mortgages 488

Housing Wire

APRIL 15, 2024

down payment through a [FHA] loan (principal/interest only) in January 2021, the monthly payment on a median home would have been $1,363.00 down payment through a [FHA] loan (principal/interest only) in January 2021, the monthly payment on a median home would have been $1,363.00 Utilizing a 3.5% Utilizing a 3.5% A record 1.7

FHA loan 459

FHA loan Land Principal Development 459

Housing Wire

FEBRUARY 6, 2023

He became an interim principal financial officer in July 2022 following the death of Timothy Forrester. It also introduced a product that covers the cost of building a home, converting to a permanent mortgage once construction is complete. Hubacker joined the mortgage lender in October 2020 as chief accounting officer.

Principal 435

Principal Finance Mortgages Loans 435

Housing Wire

JULY 19, 2024

The new term sheet details several differences from the current HMBS program, including a reduction in the HMBS pool size to 95% of the loan’s total unpaid principal balance (UPB). To get a better idea of the potential impact that HMBS 2.0 Wong is also a member of the company’s investment committee.

Development 459

Development Industrial Mortgages Fixed-rate mortgage 459

Housing Wire

NOVEMBER 24, 2020

Principal Broker and CEO of Urban District Realty Ryan Fiero said that demand for the product led to the decision to make PROJETO available to more in the industry. This scanning service will focus on custom model creation for properties that are still under development and/or construction. starting in January.

Principal 459

Principal Residential Commercial Development 459

Housing Wire

MARCH 21, 2022

Construction-only loans. A loan is not wrapped under RESPA if it is a construction-to-permanent loan. Custom homes are frequently developed, and the site is used as security for a short-term construction loan to complete the project. However, RESPA applies to a construction-to-permanent loan inside one bundle.

Agents 370

Agents VA loan Land Construction 370

Housing Wire

SEPTEMBER 19, 2023

Among other factors, the fact that apartment construction is at a five-decade high largely contributed to the easing of rent prices, according to Bright MLS Chief Economist Lisa Sturtevant. metros recorded annual cost decreases in July,” Molly Boesel, principal economist for CoreLogic, said in a statement.

Principal 459

Principal MLS Construction Marketing 459

Housing Wire

JUNE 20, 2023

million single-family and multifamily housing units under construction in the United States, approaching the highest levels recorded in the last 50 years. According to the Census Bureau, there were 695,000 single-family units under construction in May, which was down from April and about 135,000 below the peak in May 2022.

Principal 397

Principal Construction Technology Marketing 397

Housing Wire

SEPTEMBER 14, 2023

That record provides pool-level aggregate information about the extent of loans and unpaid principal balance (UPB) dollars that are in low- and moderate-income areas, with a chart illustrating the percentage of loans, percentage of UPB of ESG-flagged pools and/or loans and totals of the total portfolio over the last 12 months.

Principal 435

Principal Investor Loans New Construction 435

Housing Wire

OCTOBER 20, 2020

Sweat equity, accessory dwelling unit construction and manufactured/factory-build housing were also initiatives the housing giant was pursuing. And that’s the rationale for this change, as the GSEs are shouldering significant risks associated with the pandemic — as the principal risk taker, we have to price that risk appropriately.”

Land 508

Land Principal Mortgages Equity 508

Housing Wire

JULY 10, 2023

New construction starts and completions were both strong in May, which is welcome news. As of June 22, with 30-year rates at 6.67%, the principal and interest (P&I) payment needed to buy the median-priced home rose to $2,258, marking the highest payment on record. markets seeing prices at or above 2022 peaks.

Principal 418

Principal Residential New Construction Land 418

Housing Wire

SEPTEMBER 22, 2022

We do not see new construction returning in a meaningful way any time soon. Marty Green, principal with mortgage law firm Polunsky Beitel Green , described increasing affordability pressures in the housing market as “throwing cold water on what was a frenzied residential real estate market.”. Kurt Carlton, President of New Western.

Mortgages 448

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 448

Housing Wire

APRIL 4, 2024

Announced by Marion McFadden, HUD principal assistant secretary for community planning, at a Habitat for Humanity event in Nashville, the $13.5 Announced by Marion McFadden, HUD principal assistant secretary for community planning, at a Habitat for Humanity event in Nashville, the $13.5 million), while Washington, D.C.’s

Equity 366

Equity Principal Development Construction 366

Housing Wire

SEPTEMBER 21, 2023

While homebuilder sentiment is clearly impacted by the recent surge in mortgage rates , permits for single-family homes provide a positive outlook for the pace of construction in the year ahead. 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

JULY 26, 2023

HUD will aim to support researchers as local communities, counties and states seek to find new solutions to housing shortages according to Solomon Greene, principal deputy assistant secretary for policy development and research at HUD.

Residential 370

Residential Principal Development Finance 370

Housing Wire

MARCH 20, 2023

Ironically, the dramatically slower sales pace will actually increase inflation in the housing sector , as many builders have already reduced their plans for future home construction , which will exacerbate a housing deficit that has been building for over a decade. It is often said that the Fed raises interest rates until something breaks.

Banks 418

Banks Mortgages Fixed-rate mortgage Loans 418

Housing Wire

MAY 16, 2024

“The bulk of losses came from loans that originated between 2006 and 2010,” the report stated. Various policies helped mitigate net losses to the program and unscheduled draws but not all policies worked as intended.” For non-borrowing spouses , the results were a bit more mixed.

Loans 454

Loans Equity Principal Development 454

Housing Wire

APRIL 19, 2021

Our ability to handle multi-jurisdictional complexity and distribution diversity are our principal strengths, and Qualia fortifies our ability to manage these attributes and positions us to scale our business more rapidly,” said Susan Kenney Cotter, Passport Title chief officer.

Title 350

Title Principal Closing Construction 350

Housing Wire

JULY 27, 2023

million units last month , supply is mostly coming from multifamily rental construction. With affordability challenges to persist, demand for new housing construction will follow. Existing home sales dropped to a seasonally adjusted annual rate of 4.16 million in June from the previous month.

Construction 370

Construction Mortgages Sales Banks 370

Housing Wire

APRIL 1, 2024

In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period. We do see this as a new asset class in the real estate ecosystem and we see it as complementary to traditional debt options that exist today,” Burnett said. The annual investment volume in the U.S.

Equity 468

Equity Finance Purchase and sale agreement Investor 468

Housing Wire

NOVEMBER 2, 2022

A housing recession is here, Marty Green, principal at Polunsky Beitel Green , emphasized. . “While the mortgage market has already priced in the latest Fed move, mortgage rates are still at 20-year highs that hurt homebuyers. Once inflation is contained, mortgage rates will start to drift lower. million units from 6.18

Industrial 435

Industrial Mortgages Fixed-rate mortgage Principal 435

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

Marco Santarelli

APRIL 5, 2025

Rising Construction Costs: Building a new home isn't cheap. If mortgage rates were at 5% , your monthly principal and interest payment might be around $2,147 (this doesn't include property taxes, insurance, etc.). For that same $400,000 home, your monthly principal and interest payment would be closer to $1,910.

Mortgages 95

Mortgages Principal Construction Investor 95

Housing Wire

AUGUST 3, 2023

million loans service, with approximately $500 billion in unpaid principal balance. Rocket posted a $33 million adjusted net income loss in the second quarter, following a $111 million loss in Q1. Rocket is “very pleased to see our purchase market share grow on both a year-over-year and quarter-over-quarter basis. What’s ahead for Q3?

Loans 370

Loans Loan Officer Mortgages Principal 370

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

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

Calculated Risk Real Estate

DECEMBER 5, 2024

The third quarter of 2024 saw the most new apartment completions for a single quarter in fifty years, and with more than 800 thousand units still in the construction pipeline, the supply boom has runway to continue into 2025. Another monthly update on rents. Tracking rents is important for understanding the dynamics of the housing market.

Principal 110

Principal Construction As-is Sales 110

Housing Wire

FEBRUARY 8, 2022

The option is limited to purchase transactions, secured by a one-unit principal residence with a loan-to-value ratio of no more than 90%. Loans for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes are not eligible.

Loans 370

Loans Principal Mortgages Industrial 370

Housing Wire

FEBRUARY 1, 2023

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” Most of the temporary rate buydowns offered through FBC are paid for by builders, he said. “We in year one, go to 5.2% in year three.

Marketing 435

Marketing FHA loan Loans Mortgages 435

Realtor.com

OCTOBER 15, 2020

fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. So, before closing on a new-construction home, here are some things you need to consider. They don’t make ’em like they used to” is a common phrase that refers to the solid construction of many older homes. The builder’s reputation.

New Construction 138

New Construction Construction Purchase and sale agreement Design 138

Keeping Current Matters

AUGUST 18, 2021

An article from the Wall Street Journal shows this is true for new home construction: “ Home builders have sold more homes than they can build. While the principal and interest of a monthly mortgage payment remain the same over the lifetime of the loan, rents increase almost every year. However, demand isn’t the real issue. Horton Inc.

Equity 320

Equity Principal Sales Construction 320