Housing Wire

JANUARY 28, 2025

Ruimy noted that the BPL sector accounts for a significant portion of residential mortgage originations, with large investors increasingly turning to BPL lenders like Dunmor. I think [about] five years ago, banks were still extremely active in the sector. Would you say that the majority of these are smaller investors?

Residential 352

Residential Lending Finance Banks 352

Housing Wire

NOVEMBER 22, 2023

Mike Cagney’s financial technology firm Figure Technologies has taken another step to go public with its lending division, LendCo , hiring investment banks to coordinate the initial public offering (IPO), per a Bloomberg report. Figure and the banks declined to comment. JP Morgan Chase & Co. and Jefferies Financial Group Inc.

Lending 458

Lending Banks Equity Technology 458

Housing Wire

MARCH 22, 2023

The current bank crisis hit California-based Pacific Western Bank , a community bank owned by PacWest Bancorp that has a focus on real estate and commercial loans. billion from the Federal Home Loan Banks , $10.5 billion in Bank Term Funding Program borrowings. Pacific Western Bank reported $11.4

Banks 418

Banks Commercial Loans Investor 418

Housing Wire

OCTOBER 18, 2024

“We have an investor who won’t do any deals in Florida or near major bodies of water.” This could result in the local community banks and credit unions providing the financing, likely with maximum loan-to-value ratios of 80% or less.” “I’m not surprised. Condos are hard.

Mortgages 524

Mortgages Marketing Lending Finance 524

Housing Wire

DECEMBER 12, 2022

I , a blank check company affiliated with fintech Figure Technologies , plans to merge with a warehouse lender and bank holding company to potentially bring blockchain technology to the financial institution. Figure Acquisition Corp. United Wholesale Mortgage went public in January 2021 after merging with Gores Holdings IV.

Banks 434

Banks Mortgages Due diligence Technology 434

Housing Wire

OCTOBER 24, 2024

My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who specializes in working in low-income, often Latino neighborhoods in Southern California. “I Often, the best available option for staying in the home is through a loan modification or some other type of repayment plan with the bank.

Bankruptcy 448

Bankruptcy Equity Hard money loan Finance 448

Housing Wire

SEPTEMBER 15, 2023

government is seeking to sell $13 billion worth of mortgage bonds amassed after the failures of both Silicon Valley Bank (SVB) and Signature Bank earlier this year. BlackRock Financial Market Advisory had preliminary conversations with investors about the bonds, the report said, citing unnamed sources.

Banks 448

Banks Mortgages Loans Investor 448

Housing Wire

APRIL 24, 2025

Jani, who joined Real in September 2023 as vice president of investor relations and financial planning and analysis, steps into the role as the company experiences significant growth. Before joining Real, Jani held leadership roles in investor relations at Blade Air Mobility Inc. ,

Brokerage 299

Brokerage Investor Banks Finance 299

Housing Wire

MARCH 22, 2023

The Federal Reserve (Fed) has decided to forge ahead in its fight against inflation, despite several bank closures that have caused turbulence in the financial markets. banking system is sound and resilient. Powell, however, said the weaknesses at SVB are not broadly present in the banking system. “The U.S.

Banks 435

Banks Lending Mortgages Commercial 435

Housing Wire

SEPTEMBER 26, 2023

On Tuesday, executives from the San Francisco, California-headquartered mortgage tech firm, which has yet to post a profit since going public in July 2021, shared the firm’s vision for growth during its first investor day. “[Our goal is ] Having a unified platform that can serve all the products that a bank can offer.

Banks 448

Banks Mortgages Loans Investor 448

Housing Wire

MARCH 14, 2024

Nonbank mortgage originator Change Lending will become a member of the Federal Home Loan Bank of San Francisco (FHLB-SF). Change Lending’s services include small-business loans and lines of credit, investor real estate loans, rehab loans and renovation loans, according to its website.

Lending 447

Lending Banks Loans Renovation 447

Housing Wire

APRIL 17, 2025

The senior preferred position in these companies has been economically repaid, delivering an internal rate of return of 11.6%, Ackman said during a webinar hosted by investment bank Keefe, Bruyette & Woods (KBW) earlier this week. Effectively, there will be an explicit government backstop of hundreds of billions on top of the 2.5%

Pre-approval 526

Pre-approval Mortgages Equity Banks 526

Marco Santarelli

OCTOBER 13, 2024

Finding the 10 best real estate markets for investors is the first step to making that dream a reality. This guide dives deep into ten markets currently showing impressive growth potential for investors, but remember: real estate investment involves risk. High demand translates to higher rental yields, a key factor for investors.

Investor 122

Investor Marketing Due diligence Finance 122

Housing Wire

JANUARY 22, 2025

Auction.com has long been a leading platform for bank-owned (REO) and foreclosure sales to real estate investors and others seeking a discount. For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity.

Proof of funds 370

Proof of funds Equity Technology Banks 370

Housing Wire

DECEMBER 3, 2024

Visentini recently served as the investment bank’s head of firm strategy for execution and innovation. The graduate of Boston College then moved to Morgan Stanley, where he held multiple managing director roles in several departments — including investment banking, capital and firm strategy.

Banks 370

Banks Commercial Residential Construction 370

Inman

APRIL 2, 2025

Shares in cloud banking solutions provider hit new all-time low after company posts guidance that revenue from the company's main line of business could shrink by as much as 7 percent this year.

Investor 151

Investor Banks Lending Equity 151

Housing Wire

FEBRUARY 4, 2025

. “Given earlier commentary from RITM management about potentially listing its mortgage bank, NewRez, there could be some questions about whether this vehicle could be a potential way to take NewRez public ,” Bose George, an analyst at Keefe Bruyette Woods , said a note to investors. ”

Commercial 380

Commercial Residential Loans Banks 380

Housing Wire

FEBRUARY 6, 2025

Key non-QM products for 2025 Before 2025 continues, lenders should arm themselves with the right tools for tackling the market: Investor loans Investing is the vehicle to success for homeowners in the market. million, so its primed and ready to meet the needs of most property investors. How are real estate investors responding?

Loans 303

Loans Mortgages Equity Construction 303

Housing Wire

MARCH 6, 2025

That would not be for the out-of-town investor, said Richards, who purchased the properties via Auction.com s new SmartSale program. The company sometimes takes ownership of properties when investors default on their loans We had 15 single-family (homes) in Montgomery, Alabama I dont imagine how the hell I would have sold (them) on my own.

Renovation 354

Renovation Investor Property Management Development 354

Housing Wire

NOVEMBER 16, 2022

But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. Still, consolidation is clearly underway in the mortgage banking industry already. By the time 2022 is wrapped up, mortgage lenders will have originated about $2.2 trillion to $1.7

Banks 435

Banks Mortgages Loan Officer Due diligence 435

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending 247

Lending Equity Banks Construction 247

Housing Wire

APRIL 22, 2025

The economy is now driven by entrepreneurs, investors, high-income earners, and young adults who thrive in the gig economy. Another could be a real estate investor with incoming rental revenue from properties across the country. These borrowers are driving a demand for alternative mortgage products.

Lending 254

Lending Loans Investor Design 254

Housing Wire

MAY 21, 2024

This increased demand is resulting in tighter credit spreads for private label, non-QM RMBS securitizations; increased prices for a broad range of mortgage loans including seconds, home equity agreements, bridge loans, and alternative documentation loans; and strategic transactions between investors and originators.

Residential 488

Residential Equity Mortgages Purchase and sale agreement 488

Housing Wire

FEBRUARY 10, 2025

Cardinal Financial is also offering real estate investor financing with its Foreign Debt Service Coverage Ratio ( DSCR ) and Investor Solutions DSCR products. The former offers financing to international investors, while the latter offers investment financing based on the potential cash flow of the subject property.

Loans 303

Loans Finance Investor Mortgages 303

Housing Wire

APRIL 10, 2025

Banks and credit unionsmany of which depend on mortgage activity to fuel lending, gather deposits, and generate fee incomeare facing an extended drought. This structure gives borrowers flexibility while maintaining liquidity and transparency for lenders and investors. Prices remain stubbornly high, even as borrowing costs rise.

Design 241

Design Marketing Fixed-rate mortgage Finance 241

Housing Wire

MARCH 14, 2025

Some recent media reports have indicated that larger banks longtime opponents of the CFPB in courtrooms and regulatory disputes may not actually want the bureau to be dismantled. They were very worried when the CFPB started looking under the hood on how they were getting into payments, banking and lending, he explained.

Banks 272

Banks Lending Mortgages Investor 272

Housing Wire

FEBRUARY 7, 2024

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate loans. Cangemi said in a statement that the bank’s deposit ratings remain “investment grade” at other credit rating agencies.

Mortgages 467

Mortgages Banks Marketing Commercial 467

Housing Wire

JUNE 4, 2024

Warehouse lender Flagstar Bank , which has a lawsuit filed against Hometown Lenders , has the largest unsecured claim, $20.1 It’s followed by another warehouse lender, First Horizon Bank ($3.5 million), investor Freddie Mac ($3.4 million), and the Internal Revenue Service ($942,797).

Bankruptcy 442

Bankruptcy Banks Investor Principal 442

Housing Wire

JULY 18, 2024

launched on Wednesday to serve international investors in U.S. ” Waltz aims to support international buyers with a “comprehensive” solution that covers the compliance, legal, banking and regulatory processes to close the purchase process within 30 days. .” Miami -based startup Waltz Inc. A digital U.S.

Finance 447

Finance Investor Banks Residential 447

Housing Wire

JANUARY 16, 2024

California-based fix-and-flip lender Anchor Loans launched a third-party originator (TPO) channel to serve mortgage brokers, banks, private and non-qualified mortgage (non-QM) lenders and other referral partners whose clients are home builders, developers and investors.

Loans 468

Loans Investor Banks Finance 468

Housing Wire

FEBRUARY 28, 2024

Specific factors include higher debt-to-income ratios, self-employed borrowers who can’t qualify using tax returns, less than seven years out of a credit event such as a foreclosure, or real estate investors with more than 10 properties. There are high income and high-net-worth self-employed borrowers and real estate investors in every town.

Debt-to-income ratio 457

Debt-to-income ratio Mortgages Banks Investor 457

Housing Wire

DECEMBER 13, 2023

“The market progressively got worse around the start July of 2022 and then throughout the course of 2023, driven by the Federal Reserve raising rates and the lack of liquidity in the banking sector,” said John Toohig, head of whole-loan trading on the Raymond James whole-loan desk and president of Raymond James Mortgage Co.

Mortgages 434

Mortgages Marketing Banks Investor 434

Housing Wire

MARCH 30, 2023

Freddie Mac’s Primary Mortgage Market Survey showed on Thursday that the 30-year fixed-rate mortgage was 6.32% as of March 30, down 10 basis points from the previous week, mainly due to the economic uncertainty caused by bank collapses. banks made $30 billion in deposits at First Republic Bank. In addition, 11 U.S.

Marketing 526

Marketing Fixed-rate mortgage Banks Mortgages 526

Housing Wire

APRIL 25, 2025

Choi has a background in investment banking, with stints at Lehman Brothers , Lazard , ING Barings and Barclays. His track record includes oversight of mergers and acquisitions , and he has scaled high-growth firms backed by investors such as Jeff Bezos and Sam Altman.

Finance 228

Finance Technology Banks Investor 228

Housing Wire

MARCH 6, 2024

A group of investors led by the former U.S. The move strengthens the bank’s balance sheet amid a confidence crisis related to its commercial real estate loan portfolio. DiNello was the CEO of Flagstar Bank , the depositary recently acquired by NYCB, and will be named as non-executive chairman.

Equity 432

Equity Mortgages Banks Commercial 432

Housing Wire

FEBRUARY 3, 2025

Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc. Cooper Group mrcoopergroup.com/ Servicing Coppell, TX Mortgage Machine Services, Inc.

Mortgages 413

Mortgages Title Lending Loans 413

Housing Wire

FEBRUARY 5, 2024

Mortgage rates briefly exceeded 8% in October but had eased as investors gained confidence that the Fed was nearing the end of its phase of interest rate hikes. 1, Powell signaled that the central bank isn’t likely to cut interest rates in March as investors had hoped. “In After the most recent FOMC meeting on Feb.

Mortgages 493

Mortgages Investor Banks As-is 493