Housing Wire

JANUARY 4, 2022

Pontiac, Michigan-based United Wholesale Mortgage (UWM) capitalized on a booming private-label market in 2021 by sponsoring its inaugural securities transaction this past May, a prime jumbo deal involving 508 mortgages with an aggregate principal balance of $351.9

Marketing 397

Marketing Debt-to-income ratio Loans Mortgages 397

Housing Wire

JULY 22, 2022

FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. Some of these regional warehouse lenders may ultimately do a full turbo feature where they collect all interest and principal, and the originator gets nothing. Lind of Acra Lending.

Lending 397

Lending Banks Bankruptcy Loans 397

Realty Biz

SEPTEMBER 25, 2021

Your home equity is the difference between what you owe on your mortgage(s) and what your home is currently worth if you sold it today (the appraised value). For instance, if the remaining balance on your mortgage is $195,000 and the market value is $295,000, you have $100,000 of equity in your home. Your equity increases in two ways.

Equity 90

Equity Loans Bankruptcy Mortgages 90

Housing Wire

APRIL 22, 2022

The pool of non-QM borrowers includes real estate investors, property flippers, foreign nationals, business owners, gig workers and the self-employed, as well as a smaller group of homebuyers facing credit challenges, such as past bankruptcies. David Pelka, head of RMBS business and a principal at non-QM lender CarVal Investors.

Loans 418

Loans Lending Mortgages Investor 418

Toronto Realty Blog

MARCH 1, 2023

After all, they’re developers, not equity groups or banks. Many times, these projects are effectively canceled by somebody else… – 4) Bankruptcy. This culminated with the firesale of Urbancorp’s existing real estate, although I’m sure this “firesale” made the principals whole, and then some.

Construction 97

Construction Bankruptcy Pre-approval Purchase and sale agreement 97

The Close

JANUARY 20, 2023

This means that you may need to create a plan for marketing to homeowners in foreclosure or divorce and bankruptcy attorneys. The financial projection is a five- to 30-year estimate of your budget that will also take into consideration other important items such as appreciation, principal reduction, and depreciation.

Investor 98

Investor Finance Bankruptcy Property Management 98

C4D Crew

AUGUST 3, 2020

Previously successful people have had to declare bankruptcy, and gotten bankruptcy loans, recently because of COVID-19. Cheese to name a few have had to invoke bankruptcy protection with bankruptcy loans. . Bankruptcy Code. The Struggle Continues with Bankruptcy Loans. No Scarlet Letter for Bankruptcy Loans.

Bankruptcy 52

Bankruptcy Loans Principal Property Management 52

HomeLight

DECEMBER 1, 2021

If you have the financial resources to stay afloat, it could be better to wait until the market swings to your favor rather than lose some or all of your equity by selling at a loss. You just stumbled upon your once-in-a-lifetime dream house and need to sell your current home quickly , even if it means losing some of your equity.

Purchase and sale agreement 111

Purchase and sale agreement Short sale Loans Mortgages 111

Toronto Realty Blog

JANUARY 5, 2023

So he’s not without equity. And if he is without equity, then the story here shouldn’t be about mortgage renewal rates but rather about people using their house as an ATM, living lavishly, and ignoring financial responsibilities. Filing for bankruptcy? He’s up a paltry $1,110 per month on two properties.

Banks 98

Banks Bankruptcy Mortgages As-is 98

App Folio

DECEMBER 18, 2020

Every day we’re dealing with refinancing and they’re taking equity out of their homes, some to do improvements, which is great, and others to literally feed their families. The concern is that there’s going to be a large wave of bankruptcies once the stays on foreclosures or evictions expire. Mike Sebastian.

Industrial 105

Industrial Property Management Investor Technology 105

Housing Wire

FEBRUARY 19, 2025

One of Ginnie Maes core functions in the reverse mortgage industry is providing liquidity through its Home Equity Conversion Mortgage ( HECM )-backed Securities ( HMBS ) program. ” HMBS 2.0 ” HMBS 2.0 The program was announced in January 2024 and a final term sheet was released in November.

Bankruptcy 315

Bankruptcy Principal Finance Mortgages 315

Notorious ROB

DECEMBER 19, 2022

billion in equity to support its own BTR strategy, partnering with Centerbridge and Allianz Real Estate. It still boasts having 28,960 agents, and over 13,000 of them are “Principal Agents” — top producers and team leaders that everybody else wants. However, those 13,000 Principal Agents have a lot of money.

MLS 79

MLS Agents Pre-approval Brokerage 79