Housing Wire

MARCH 11, 2025

is expanding into the residential mortgage business, and it’s picked up Sterling Point Advisors ‘ Jeff Juliane and Brett Ludden to lead the effort. “We are thrilled to welcome Jeff and Brett to Milliman,” said Jonathan Glowacki, a principal at Milliman. Global consulting and actuarial firm Milliman Inc.

Mortgages 214

Mortgages Principal Residential Investor 214

Housing Wire

FEBRUARY 13, 2025

San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans.

Land 246

Land Investor Principal New Construction 246

Housing Wire

JULY 1, 2024

In 2022, Kaufman co-founded AdaMark Residential , where he served as president. Prior to that venture, Kaufman was a vice president and principal of a luxury residential real estate marketing firm. Naples, Florida -based Premier Sotheby’s International Realty is shaking up its C-suite.

Principal 435

Principal Residential Development Sales 435

Housing Wire

AUGUST 15, 2024

Fitch Ratings said in a report that SPS has been servicing residential mortgages since 1989 and residential mortgage-backed securities (RMBS) transactions since 2000. billion in unpaid principal balance (UPB). billion in unpaid principal balance (UPB). Investment firm Davidson Kempner Capital Management is a co-investor.

Investor 476

Investor Mortgages Banks Principal 476

Housing Wire

JULY 8, 2024

Roughly eight months after acquiring PacWest Bancorp in a rescue deal , Banc of California is selling roughly $2 billion in business-purpose residential mortgage loans, according to Bloomberg. billion of single-family residential loans at a discount. The bank entered into an agreement to buy $1.8

Loans 435

Loans Principal Banks Residential 435

Housing Wire

MARCH 15, 2024

Let’s face it: joint ventures (JVs) and affiliated business arrangements (ABAs) are all the rage in the residential real estate space right now. So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? And why not? Not to mince words: title is hard.

Commercial 448

Commercial Brokerage Due diligence Title 448

Housing Wire

JULY 11, 2024

Rocktop — a software-as-a-service (SaaS) company that works to improve yields for institutional investors , asset managers and other participants in the fixed-income and mortgage markets — has now placed more than $60 billion in unpaid principal balance (UPB) on its data management platform. billion in UPB. “The

Due diligence 435

Due diligence Mortgages Investor Technology 435

Housing Wire

OCTOBER 3, 2024

It comes as Securent seeks capital to invest in rising-demand products, especially in the residential mortgage-backed securities (RMBS) space. He previously worked with VineLight’s principals, Bryan Binder and Jason Garmise, at CastleLine , a provider of mortgage data and insurance products. Vedder will continue to lead Securent.

Mortgages 448

Mortgages Principal Residential Brokerage 448

Housing Wire

SEPTEMBER 10, 2022

This agency’s most recent credit risk transfer (CRT) offering, STACR 2022-DNA6, involves a $1.165 billion note backed by a reference loan pool of 112,865 residential mortgages with an outstanding principal balance of $35.6 billion so far in 2022. billion, according to a presale report by Kroll Bond Rating Agency (KBRA).

Principal 448

Principal Loans Investor Residential 448

Housing Wire

AUGUST 12, 2022

Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. million in unpaid principal balance; pool 2 is at $342.5 A reperforming loan is a mortgage that has been or is currently delinquent but has been reperforming for a period of time.

Loans 397

Loans Purchase and sale agreement Principal Due diligence 397

Housing Wire

JUNE 18, 2024

million in aggregate principal amount available for 30 days to cover over-allotments. The company said the proceeds of the debt offering are expected to fund, among other things, the firm’s residential lending business, the acquisition of mortgage-backed securities (MBS), and strategic acquisitions and investments.

Closing 446

Closing Principal Lending Equity 446

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

NOVEMBER 7, 2023

The company also increased its agents count by 4%, reaching 14,055 principal agents in Q3. That’s a 4% year-over-year increase of 511 principal agents since Q3 2022 and a 3% increase of 422 agents compared to the second quarter of 2023. Revenue decreased by 10% year over year to $1.34 Revenue was revised down to $241.20

Principal 435

Principal MLS Agents Brokerage 435

Housing Wire

OCTOBER 19, 2022

Nations Direct Mortgage, a residential lender in both the retail and wholesale channels, on Wednesday announced appointing Jack O’Brien as its senior vice president and national sales director. O’Brien & Associates and VP, Eastern regional sales manager at National City Home Equity, among others. .

Sales 459

Sales Mortgages Principal Equity 459

Housing Wire

SEPTEMBER 30, 2024

The notes were offered by Mello Warehouse Securitization Trust 2024-1 and secured by newly originated first-lien, fixed-rate and adjustable-rate residential mortgages. California-based loanDepot on Monday announced it has closed a $300 million offering of notes backed by a revolving warehouse line of credit and secured by mortgages.

Closing 435

Closing Principal Residential Finance 435

Housing Wire

MAY 30, 2024

In March 2024, the national delinquency rate for residential mortgages stood at 2.8% delinquency rate increased from a year earlier in March, driven by an uptick in early-stage delinquencies,” Molly Boesel, principal economist for CoreLogic, said in a statement. of all mortgages in February, up from 1.1% in March 2023. in March 2023.

Mortgages 476

Mortgages Staging Principal Loans 476

Housing Wire

APRIL 8, 2022

billion note backed by a reference loan pool of 140,950 residential mortgages with an outstanding principal balance of $42.9 billion note offering issued against a reference loan pool of 190,774 residential mortgages with an outstanding principal balance of $33.6 billion in credit risk on approximately $2.7

Principal 397

Principal Loans Residential Investor 397

Housing Wire

MAY 5, 2022

billion note backed by a reference loan pool of 118,055 residential mortgages with an outstanding principal balance of $35.4 The KBRA report also mentions that the loan reference pool for the CRT offering has far more geographic diversity when compared with a typical prime-jumbo residential mortgage-backed securities offering.

Principal 370

Principal Fixed-rate mortgage Loans Residential 370

Housing Wire

OCTOBER 1, 2024

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

Closing 434

Closing Principal Loans Finance 434

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. It also says that Five Brothers will be integrated into MCS to offer property preservation, maintenance and renovation services.

Mortgages 448

Mortgages Principal Commercial Real-estate owned 448

Housing Wire

NOVEMBER 24, 2020

Homesnap has great relationships, data , software, and tools for residential real estate professionals that are complementary to our existing offerings ,” Florance said. 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.

Principal 459

Principal Residential Commercial Development 459

Housing Wire

MARCH 29, 2024

These include wholesale revisions to the lender table for the best estimate of the total cost of the refinancing to the borrower, as well as increases to the borrower’s principal limit. Two key documents are at the center of the proposed changes. The newly proposed version has received several key revisions. Why are we on a 1009?

Mortgages 448

Mortgages VA loan Principal Loans 448

Housing Wire

APRIL 19, 2024

The PDS revision is an important component toward our ongoing transition to granular loan-level data collection and analysis,” Sam Valverde, Ginnie Mae principal executive vice president, said in a statement. Department of Veterans Affairs (VA).

Principal 447

Principal Loans Residential Mortgages 447

Housing Wire

NOVEMBER 7, 2023

We are excited to partner with Newrez because their vision, and more importantly, their values fit nicely with our own,” Al Donohue, the operating principal, said in a statement on Monday. “We GLG is also part of a larger Keller Williams Realty franchise group of residential real estate brokerages located in Georgia. It placed No.

Mortgages 435

Mortgages Principal Brokerage Lending 435

Housing Wire

AUGUST 27, 2024

These changes will help return older, dilapidated homes into owner-occupied housing stock, and help first-time buyers compete with fix-and-flip investors,” Pete Mills, the MBA’s senior vice president of residential policy, told HousingWire. The 203(k) offering has two separate programs. Updates have been made to both variations.

Loans 448

Loans Renovation Principal Finance 448

Housing Wire

JUNE 3, 2022

Lakeview Trust 2022-EBO 2 involves a pool of 2,063 FHA-backed loans with an unpaid principal balance (UPB) of $405.2 Key to EBO offerings is the fact that the FHA guarantees 100% of the principal balance on the loans it insures. million, with all the loans deemed delinquent. In total, 99.3% are in active foreclosure.

Loans 418

Loans FHA loan Principal Marketing 418

Housing Wire

SEPTEMBER 22, 2022

The new credit risk transfer (CRT) offering, STACR 2022-DNA7, outlined in a presale report by Kroll Bond Rating Agency , involves a $616 million note offering backed by a reference loan pool of 69,144 residential mortgages with an outstanding principal balance of $19.9 billion so far in 2022. aged between six and 12 months.

Principal 370

Principal Loans Investor Residential 370

Housing Wire

JULY 10, 2023

However, most projects underway in the month were 5+ multi-family units, as opposed to single-family residential units,” Walden said. Single family residential units account for just 40% of the total number of projects underway. “As The reheating is widespread with more than half of the 50 largest U.S.

Principal 418

Principal Residential New Construction Land 418

Housing Wire

MARCH 6, 2024

Department of Treasury Secretary Steven Mnuchin’s private equity firm, Liberty Strategic Capital , will inject $1 billion in equity investment in struggling New York Community Bancorp (NYCB), one of the nation’s largest residential mortgage servicers. NYCB became a large residential mortgage servicer after the acquisition of Flagstar.

Equity 443

Equity Mortgages Banks Commercial 443

Housing Wire

MAY 6, 2024

The law at the center of the suit came into effect on July 1, 2023, and it “generally restricts the issuance of government contracts or economic development incentives to, or real property ownership by, foreign principals, which are certain individuals and entities associated with foreign countries of concern,” according to the Florida Senate.

Land 431

Land Principal Residential Development 431

Housing Wire

JANUARY 24, 2025

Fitch noted that mortgage insurance does not cover claims principally caused by physical damage, including wildfires, floods or other natural disasters, but is designed to protect against borrower credit default. Master policies describe instances in which damage to a home would not be covered by a mortgage insurance claim.

Mortgages 370

Mortgages Principal Loans Equity 370

Housing Wire

JULY 28, 2023

billion of single-family residential loans at a discount, according to the outlet. Banc of California said Tuesday in a presentation that it entered into a “contingent forward asset sale agreement” for its residential mortgage portfolio in a presentation without naming the buyer.

Purchase and sale agreement 370

Purchase and sale agreement Mortgages Banks Principal 370

Housing Wire

MARCH 23, 2022

The new REMIC, Mill City Loan Holdings LLC , will serve as a mortgage conduit for funds managed by CarVal while also developing relationships with originators to acquire “residential mortgage assets across multiple strategies,” according to a CarVal statement announcing the launch of the REMIC, which will do business as Mill City Loans.

Bankruptcy 397

Bankruptcy Banks Loans Residential 397

Housing Wire

JANUARY 12, 2024

The value of all residential real estate worldwide is approximately $200 trillion. The numbers are staggering so it is no surprise that residential proptech is a heady market, capturing the imagination of entrepreneurs and institutions alike. Principal among these are: Invested capital “requires” the highest return. exceeds $1.5

Finance 448

Finance Residential Principal Development 448

Housing Wire

APRIL 1, 2021

Residential brokerage Compass is now a publicly traded company, with shares trading at $20.15 billion, according to a note released Wednesday by Nima Wedlake, a principal at Thomvest Ventures. at close of the New York Stock Exchange on Thursday. The New York City-headquartered company began offering shares Thursday morning.

Brokerage 431

Brokerage Principal Loans Branding 431

Housing Wire

JULY 18, 2023

Whitfield is the founding principal of the Whitfield Property Group and he recorded $33 million in sales volume in 2022. With a decade of experience as an agent, Wilbanks entered the industry after working as a residential mortgage loan officer. Rizo is coming to The Agency from Douglas Elliman.

Agents 370

Agents Loan Officer Principal Brokerage 370

Housing Wire

SEPTEMBER 28, 2022

One of those MSR offerings involves a Ginnie Mae loan pool of 7,591 mortgages with valued at $2 billion based on the unpaid principal balance. Ginnie, however, guarantees only the principal and interest payments to purchasers of its bonds, which are sold worldwide. Presented by: Branch.

Marketing 418

Marketing Principal Loans Mortgages 418