Housing Wire

NOVEMBER 12, 2024

Cornerstone Financing , a venture co-founded by former Reverse Mortgage Funding (RMF) CEO Craig Corn, has secured $285 million in financing through global investment firms Aquiline Capital Partners LP and Nomura. CHEIFS is currently available in four states: Arizona , California , Florida and Pennsylvania. 31 of that year.

Equity 369

Equity Finance Mortgages Bankruptcy 369

Housing Wire

JANUARY 30, 2025

Nominations for HousingWires 2025 Finance Leaders Award are open now through January 31, 2025. Nominations are still open for the 2025 Finance Leaders award. As we gear up for the 2025 Finance Leader awards, his forward-thinking perspective offers a glimpse into the evolving role of finance leaders in real estate.

Finance 365

Finance Technology Property Management Branding 365

Housing Wire

DECEMBER 11, 2024

In addition to lower rates, purchase activity continues to be supported by sustained housing demand and inventory that continues to grow gradually in many markets,” Kan added. The Federal Housing Finance Agency (FHFA) recently announced plans to raise 2025 conforming loan limits to $806,500 for one-unit properties 5.2%

As-is 397

As-is VA loan Mortgages Loans 397

Housing Wire

DECEMBER 30, 2024

All the housing market data for 2024 is in, and its fair to say that the housing market surprised us again! However, there are two big trends that stand out as we launch into 2025 affordability and sellers in the market. In the last few months, the market finally saw some sales growth over the previous year.

Marketing 543

Marketing Sales Mortgages As-is 543

Housing Wire

MARCH 7, 2025

Today, the BLS jobs report showed that the labor market is getting softer, but it’s not breaking. However, there is a limit to the downside on mortgage rates until the labor market breaks, or we get more than 1% rate cuts from the Fed. I recently discussed this in an interview with Yahoo Finance.

Mortgages 413

Mortgages Marketing Residential Construction 413

Housing Wire

MARCH 21, 2025

housing market remains challenging for prospective buyers as concerns over mortgage rates , home prices and affordability persist in 2025. Many first-time homebuyers are stretching their finances to the limit. I believe the concerns for the market at this point are dramatically related to geographics.

Debt-to-income ratio 293

Debt-to-income ratio Loan Officer Marketing Loans 293

Housing Wire

NOVEMBER 22, 2024

But the narrative is more complex in niche markets like the Texas capital of Austin. Social media posts have fueled speculation that Austin’s rental market is in freefall. Gerli told HousingWire in an emailed response that normalizing market conditions would be indicated by a slow and gradual decline in rents. by September.

Marketing 370

Marketing Construction As-is Residential 370

Housing Wire

DECEMBER 9, 2024

Weve now been in the post-pandemic housing market recession market as long as we were in the pandemic boom. Does the housing market start to get back to normal? The number of unsold homes on the market is finally getting closer to 2019 levels. But, the market change isnt evenly distributed. Two and a half years.

Marketing 418

Marketing Sales As-is Mortgages 418

Housing Wire

JULY 19, 2024

“A national secondary market for construction financing could allow lenders, like state housing finance agencies and banks, to provide the investment capital needed to get multifamily housing projects built and keys in families’ hands.” This could make the overall cost to entry — which is already low — more digestible.

Construction 488

Construction Finance Development Marketing 488

Housing Wire

MARCH 14, 2025

As market conditions evolve, homebuyers demand more than just rate quotes and loan approvalsthey seek guidance, financial literacy, and a trusted partner in wealth-building. Understanding todays mortgage market challenges 1. The mortgage professional of the future goes beyond the transaction. With rates hovering around 6.5%

Mortgages 362

Mortgages Loan Officer Marketing Loans 362

Housing Wire

MARCH 31, 2025

Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. Mr. Cooper did about $23 billion in originations last year, according to Inside Mortgage Finance data. billion , is paying an equity value of $9.4

Finance 468

Finance Title Mortgages Equity 468

Housing Wire

OCTOBER 24, 2024

“I knew things were going down, but I didn’t know how bad it was until people started knocking on our door.” Now Sandoval, who was featured earlier this year in a Wall Street Journal article , is the one knocking on the doors of homeowners facing foreclosure or other distressed circumstances. There is nothing like that face to face.

Bankruptcy 448

Bankruptcy Equity Hard money loan Finance 448

Housing Wire

DECEMBER 18, 2024

The key points of this report indicate that the Federal Reserve has overlooked the housing market for years. The existing home sales market does not align with their dual mandate of ensuring stable personal consumption expenditures (PCE) or consumer price index (CPI) prices, as these measures account for rent. We will soon find out.

Construction 511

Construction Residential Sales Mortgages 511

Housing Wire

MARCH 14, 2025

Stats are the fuel to the fire of the real estate market and will make you exude confidence in conversations with potential clientsmaking them feel confident in hiring you to represent them. This proves your expertise to clients and allows you to provide them with knowledge about the real estate market.

Marketing 355

Marketing Commercial Agents Property Management 355

Housing Wire

OCTOBER 21, 2024

In a housing market shaped by uncertainty, military veterans and service members are emerging as some of the most confident and prepared homebuyers, outpacing their civilian counterparts. This was driven by optimism about the housing market and economy. It also shows up in their personal finances.

Finance 476

Finance Mortgages Loans Marketing 476

Housing Wire

APRIL 1, 2025

NARs 2025 Home Buyers and Sellers Generational Trends report found that Generation X buyers remained steady at 24% of the market. NARs 2025 Home Buyers and Sellers Generational Trends report found that Generation X buyers remained steady at 24% of the market.

Finance 443

Finance Equity Agents As-is 443

Housing Wire

OCTOBER 15, 2024

Similar to other lending discrimination cases, the CFPB and the DOJ accuse Fairway of redlining as the company allegedly discouraged people from majority-Black neighborhoods from applying for mortgages, including through its marketing and sales actions. That was down 18% year over year, per Inside Mortgage Finance estimates.

Lending 468

Lending Loan Officer Loans Mortgages 468

Housing Wire

OCTOBER 21, 2024

The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said. The construction activity is likely to place the housing industry and its financing partners on a “collision course” with insurers, the outlet said. They sell for just under $3 million.

Construction 497

Construction Development Finance Mortgages 497

Housing Wire

FEBRUARY 3, 2025

The company’s newest National Housing Market Outlook shows that buyers are gravitating toward government-backed loans in their search for affordability. Together, FHA and VA loans represented 34% of the market, up from less than 30% in 2022 and the highest share since late 2020.

Debt-to-income ratio 412

Debt-to-income ratio Loans VA loan FHA loan 412

Housing Wire

NOVEMBER 21, 2024

Home prices firmed up in today’s existing home sales report , but we caught on to this trend two months ago with our Housing Market Tracker. I discussed this on Yahoo Finance this morning. However, that didn’t happen. The charts below show the key data lines from the NAR existing home sales report.

Mortgages 493

Mortgages Finance Sales As-is 493

Housing Wire

OCTOBER 18, 2024

We have partnered with Calque to provide better options to those customers, including the ability to close immediately on a new home before putting their current home on the market.” Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease.

Purchase and sale agreement 448

Purchase and sale agreement Mortgages Equity Finance 448

Housing Wire

MARCH 17, 2025

Fluctuating interest rates have been a feature of the housing market over the last three years. Our 2025 housing market predictions are based on the assumption that lower mortgage rates will spur demand and boost the number of homes sales transactions. How will the housing market change as these economic assumptions change?

Mortgages 426

Mortgages Sales As-is Marketing 426

Housing Wire

DECEMBER 17, 2024

PACE loans which are often used to finance environmentally minded renovations, like the addition of solar panels have led to financial instability for some borrowers. PACE loans are typically marketed via door-to-door sales by independent brokers who work with contractors who perform the modernization and enhancement work.

Loans 396

Loans Mortgages Finance Lending 396

Housing Wire

OCTOBER 25, 2024

Davis believes that by aligning with the right lender and expanding product offerings, originators can position themselves as valuable partners in a shaky market. Tom Davis: Investor transactions are still close to 28% of the overall purchase market. Many investors prefer to close in the name of an LLC.

Investor 448

Investor New Construction Construction Loans 448

Housing Wire

JANUARY 23, 2025

The Federal Housing Finance Agency had previously estimated that the pilot could save consumers between $500 and $1,500 per transaction. Fannie Mae s title insurance pilot program could save borrowers up to $2.19 In their analysis, Nigrinis and Zywicki found that borrowers refinancing their mortgage could save an estimated $2.19

Title 468

Title Land Loans Closing costs 468

Housing Wire

MARCH 20, 2025

Hill is a veteran finance leader in the real estate industry. He currently serves as vice president of international finance and corporate financial planning and analysis at eXp Realty. where he also started his finance career as an intern. Cheng will remain in an advisory role until Aug.

Finance 359

Finance Industrial Agents As-is 359

Housing Wire

MARCH 10, 2025

Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers. billion in equity. The deal is projected to boost Rockets adjusted earnings per share by late 2026.

Purchase and sale agreement 482

Purchase and sale agreement Pre-approval Brokerage Equity 482

Housing Wire

NOVEMBER 15, 2024

The Ohio-based builder is offering discounts of up to $20,000 on select homes in Greater Houston , along with no-cost 2/1 rate buydowns , and slashing prices by as much as $93,850 in other markets like Chicago. The discounts come as homebuilders’ confidence in the market remains muted.

Fixed-rate mortgage 418

Fixed-rate mortgage Closing costs Residential Finance 418

Housing Wire

FEBRUARY 3, 2025

In April 2023, federal auditors were confounded by $3 million in unexplained variances in HACMs balances, and the prior finance team came up with nothing after an investigation lasting nearly two years. But HACM recently appointed Brad Leak to its finance team, moving to make him the CFO last month.

Bankruptcy 418

Bankruptcy Finance Development As-is 418

Housing Wire

MARCH 4, 2025

March figures to be a crucial month for gauging consumer interest in the 2025 housing market. The 10-year yield is all over the map this morning, ranging between 4.11% to 4.18% as the stock market sells off more and more money is going into bonds. would been as a sign of stability for a housing market that has been volatile of late.

Mortgages 483

Mortgages Sales Finance Closing 483

Housing Wire

NOVEMBER 13, 2024

The report also said that potential Black homebuyers are too often shut out of the opportunity to participate in the market. Additionally, the report finds it “alarming” that a strong Black presence in the labor market is “not prompting increases in homeownership or narrowing the wealth gap.”

Pre-approval 418

Pre-approval Mortgages Loans Finance 418

Housing Wire

MARCH 14, 2025

Despite a drop in overall profitability in the fourth quarter of 2024, FOA, one of the nations leading reverse mortgage lenders, remains optimistic about the total addressable market for home equity-based retirement products and will continue to develop its offerings in 2025.

Branding 353

Branding Equity Lending Finance 353

Housing Wire

OCTOBER 7, 2024

Freiha joins Opendoor after a three-year stint at Alphabet, where he started as Google ’s vice president of finance and oversaw commerce and payments before moving to capital allocations and planning. In June, Opendoor partnered with the privately owned My State MLS, which serves 60,000 agents in more than 50 markets.

Technology 448

Technology Finance MLS Title 448

Housing Wire

NOVEMBER 12, 2024

Wallace brings more than 30 years of experience as a leader of tech-focused mortgage, asset management and capital market platforms. Dan’s unique expertise positions him at the intersection of technology , asset management, and mortgage finance, perfectly aligning with our vision for the future. “The U.S.

Technology 370

Technology Finance Mortgages Lending 370

Housing Wire

NOVEMBER 12, 2024

Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. FOA President Kristen Sieffert spoke about some of these efforts during a Q3 earnings call.

Mortgages 370

Mortgages Equity Lending Design 370

Housing Wire

NOVEMBER 12, 2024

The study analyzed DPA programs from more than 1,300 housing finance agencies, municipalities, nonprofits and other organizations. The study analyzed DPA programs from more than 1,300 housing finance agencies, municipalities, nonprofits and other organizations. A total of 29 down payment assistance programs were added in the U.S.

Mortgages 397

Mortgages Finance Loans Design 397

Housing Wire

OCTOBER 31, 2024

Reverse mortgage industry leader Finance of America (FOA) announced updates on Thursday to the interest rate for HomeSafe Second, its proprietary second-lien reverse mortgage product. FOA President Kristen Sieffert said the product allows the company to address gaps in the existing HELOC and traditional home equity loan market.

Mortgages 434

Mortgages Equity Loan Officer Loans 434