Housing Wire

OCTOBER 25, 2024

Mortgage technology startup Novaprime is making its public debut with the launch of an AI-powered loan platform that it claims allows lenders to sell loans to investors in just days, instead of weeks, all with a high degree of accuracy. Novaprime is starting with post-close quality control functions and working backwards. That adds up.

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Housing Wire

MARCH 1, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $350 million unrated securitization of residential transition loans (RTLs), the company announced on Monday. The deal drew significant interest from institutional investors and made it Kiavi’s largest securitization since November 2021.

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Closing Investor Principal Residential 457

Housing Wire

MAY 30, 2024

Home equity fintech lender Point , in collaboration with its long-time financing partner Atalaya Capital Management , has successfully closed a $141 million rated asset-backed securities transaction. This has broadened the investor base to include insurance companies and money managers seeking new investment-grade securities.

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Closing Equity Investor Finance 447

Housing Wire

DECEMBER 9, 2024

After many years of serving consumers, EasyKnock has closed its doors, a message on the companys website states. In February 2024, the company closed a $28 million Series D funding round from new and existing investors, including Gaingels , Moderne Ventures , QED Investors and Zillow co-founder Spencer Rascoff.

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Equity Investor Residential Closing 370

Housing Wire

DECEMBER 10, 2023

Are big Wall Street investors really buying 44% of homes this year? The answer is no — not even close. Housing inventory is near all-time lows, but big institutional investors like Invitation Homes or BlackRock aren’t to blame. Again, the bulk of home buying for many years has been Tier 1 investors, those buying 1-9 properties.

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Housing Wire

JULY 22, 2024

San Francisco -based private lender Kiavi announced Monday that it has closed another multimillion-dollar securitization of residential transition loans (RTLs), bringing its six-month volume of issuances to nearly $1 billion. “This securitization furthers our capital advantage, bringing our half-year issuance to nearly $1 billion.

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Loans Closing Investor Principal 462

Housing Wire

AUGUST 15, 2024

Swiss bank UBS Group AG has decided to sell Credit Suisse ’s mortgage servicing company, Select Portfolio Servicing (SPS), to a group of investors led by Sixth Street , HousingWire has learned. Investment firm Davidson Kempner Capital Management is a co-investor.

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Housing Wire

AUGUST 13, 2024

Kiavi , a San Francisco-based lender for residential real estate investors , announced on Tuesday the closing of a $400 million rated securitization of residential transition loans (RTLs) in an “oversubscribed” transaction. billion in 2024 alone.

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Investor Principal Mortgages Residential 448

Housing Wire

MAY 10, 2024

Kiavi , one of the nation’s largest private lenders for residential real estate investors , closed a $300 million unrated securitization of residential transition loans (RTLs), the company announced on Friday. The deal drew significant interest from institutional investors.

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Closing Principal Investor Residential 394

Housing Wire

OCTOBER 23, 2024

What had previously been a surprisingly mild 2024 hurricane season closed with two devastating storms that hammered Florida and North Carolina. Sources told HousingWire that out-of-town investors were among the most interested buyers. 20, then bottomed out at 14 on Oct.

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Housing Wire

MARCH 26, 2024

Still, despite the gloomy news of late for SFR and fix-and-flip investors, some industry experts see better fortunes ahead in 2024 for both sectors. “We That should help to unlock more inventory while also reducing financing costs for leveraged investors. billion that closed. billion hit the market.

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Investor Marketing Construction Loans 482

Housing Wire

FEBRUARY 28, 2024

Northwestern Mutual Future Ventures , the venture capital arm of financial services company Northwestern Mutual , joined as an investor in this round. Like theEasyKnock team, our distinguished group of investors recognize the critical need for countless American homeowners to improve their financial well-being.

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Housing Wire

JUNE 18, 2024

Real estate investment trust Redwood Trust is expected to close on Monday on the offering of $85 million in debt, following on the heels of other companies in this space. Mr. Cooper issued senior notes to qualified investors in January that will mature in 2032 and bear interest at 7.125% per year. loanDepot plans to extend its $497.8

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Closing Principal Lending Equity 443

Housing Wire

FEBRUARY 3, 2025

As recently as a year ago, the New York-based firm closed a $28 million Series D funding round from new and existing investors, including Gaingels, Moderne Ventures, QED Investors and Zillow co-founder Spencer Rascoff. The platform shut down its operations in early December 2024. In 2018, the company raised $3.5

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Lending Equity Investor Residential 392

Housing Wire

MARCH 7, 2024

Federal Reserve Chair Jerome Powell indicated in recent congressional testimony that interest rate hikes are now likely at the “ peak for the current tightening cycle ,” after signaling in November of last year that the Fed was close to the end of its war on inflation. And future rate cuts mean less return [for investors].

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Investor As-is Commercial Equity 448

Housing Wire

SEPTEMBER 27, 2024

Title Resources Group (TRG) has closed its acquisition of Doma Holdings , the parent company of Doma Title , according to an announcement on Friday. The sale was first announced in late March 2024. In the all-cash transaction, Doma was valued at nearly $88 million. ” Lennar is joining Anywhere Real Estate Inc. ”

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Closing Title Technology Investor 435

Housing Wire

JANUARY 17, 2025

How do we get a loan from I want a house to its closed and done before they walk away? SitusAMC a top-of-the-line provider of investment advice, talent solutions, and digital tools offers a rare opportunity for lenders and investors. Most companies think from the primary lens.

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Marketing Residential Commercial Loans 366

Housing Wire

NOVEMBER 1, 2023

Michael Gifford and David Zvaifler‘s home equity investment company, Splitero , lost its main investor, Redwood Trust , HousingWire has learned. He added that Splitero was looking for other investors and hinted that the company would have some good news to share soon.

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Equity Investor Loan Officer Finance 448

Housing Wire

APRIL 4, 2025

Founded by Oscar Nunez, The Nunez Group has been recognized for its focus on strategic investment opportunities, particularly in serving developers and real estate investors. In 2024, the 14-agent team closed 265 units with a total sales volume of $123.4

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Investor Development Agents Sales 366

Housing Wire

APRIL 29, 2024

” Republic collapsed after it failed to raise $75 million in capital from investors and exited the mortgage lending space. It also comes after last year’s failures of First Republic Bank , Silicon Valley Bank and Signature Bank.

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Banks Closing Loan Officer Loans 443

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 anely Sandoval’s calling to be a pre-foreclosure peacemaker started when she was in high school. “My There is a lot of fear.” The MBA data show about 2.2

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Bankruptcy Equity Hard money loan Finance 448

Housing Wire

JANUARY 30, 2025

If a broker is working with an investor that happens to dabble in non-QM, then they’re not going to get all the best practices we’ve aggregated over the last 12 years. To close the conversation, Davis explores Deephaven’s focus on home equity and new construction products in 2025. That’s where the growth is at.

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New Construction Construction Marketing Investor 306

Housing Wire

JANUARY 14, 2025

He didnt close his first deal an investor until month six. While doing open houses six days a week, he stumbled upon a fix-and-flip investor: “I didn’t even know what fix-and-flipping was at the time. Thats why Brandon recommends exploring multiple niches until you find one that does. Wed love to hear from you.

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Agents Investor MLS Branding 370

Housing Wire

JANUARY 21, 2025

On the flip side, transferring servicing removes direct access to these borrowers and closes the window into their mortgage activity. Servicers can automate critical tasks, such as investor reporting and compliance, to streamline workflows and position in-house servicers to win with speed.

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Mortgages Investor Loans Principal 370

Housing Wire

NOVEMBER 4, 2024

By channel, Rocket reported $13 billion in closed loans in the second quarter via its direct-to-consumer channel and $11.3 Rocket told investors in September that by 2027 it aims to double its current market share in purchase mortgages to 8% from the current 4%, and its refinance share to 20% from 12%.

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FHA loan Mortgages Marketing Loans 370

Housing Wire

APRIL 1, 2025

has agreed to buy a majority stake in Angel Oak Companies , the holding company for a non-QM lender and investor that manages more than $18 billion in mortgage assets. The transaction is expected to close by the end of the third quarter of 2025. Canadian investment powerhouse Brookfield Asset Management Ltd. Brookfield will take a 50.1%

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Investor Residential Lending Mortgages 261

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. Would you say that the majority of these are smaller investors? This interview has been edited for length and clarity.

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Residential Lending Finance Banks 358

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?

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Loans Mortgages Equity Construction 315

Housing Wire

FEBRUARY 6, 2025

billion in consumer loans from Goldman Sachs while also closing a deal to purchase Sculptor Capital Management and its $33 billion in assets under management. Rithm delivered strong and consistent performance in each of its core businesses, creating value for investors and shareholders. In 2023, it acquired $1.4

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Loans Equity Principal Mortgages 403

Housing Wire

JANUARY 8, 2025

Since its founding, Harvest has closed 5,210 transactions for $6.8 After rock-solid careers of their own, they decided to combine their skills and their shared passion to help Chinese home buyers, sellers and investors navigate Southern Californias competitive real estate market, Real President Sharran Srivatsaa said in a statement.

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Brokerage Technology Agents Branding 397

Housing Wire

JANUARY 27, 2025

We are thrilled to partner with our investors to power the future of home negotiations together,” Shah said in a statement. Indigo is a search platform that allows buyers to bid on agent-approved listings. . We provide transparency into the transaction and help agents show their negotiating value.

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Brokerage Technology Investor Agents 368

Housing Wire

NOVEMBER 4, 2024

But for first-time and other cash-strapped buyers—those who are not relying on the proceeds of a home sale, who may be using a 100% financed VA loan, whose agents may be layering forms of assistance to put together enough cash for closing—knowing in advance about the seller’s contribution to their agent costs may be essential.

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Debt-to-income ratio Agents VA loan MLS 321

Housing Wire

FEBRUARY 3, 2025

Company Name Company Website Markets Served Company HQ MMI mmi.io/ Loan Origination Cottonwood Heights, UT Paradatec paradatec.com/ Loan Origination, Servicing, Secondary and Closing Wilmington, DE Outamation outamation.com/ Servicing Southlake, TX Orion Lending orionlending.com/ Loan Origination Orange, CA Optimal Blue www2.optimalblue.com/

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Mortgages Title Lending Loans 416

Housing Wire

APRIL 24, 2025

Its client base includes government agencies, law firms, real estate investors , mortgage lenders , utility developers and title companies. ” The company provides title support for a wide range of real estate transactions, from single-family home closings to multi-parcel infrastructure and right-of-way projects. .

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Title Title search Investor Development 263

Housing Wire

FEBRUARY 10, 2025

Kiavis expansion into these 13 additional markets provides an immediate opportunity to equip more real estate investors with the fast, reliable, and transparent capital they need to create move-in ready housing while scaling their businesses, Arvind Mohan , CEO of Kiavi , said in a statement. In 2024, Kiavi reportedly originated a record $6.5

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Lending New Construction Residential Investor 284

Housing Wire

APRIL 10, 2025

MBA has worked closely with industry stakeholders and a large, bipartisan group of lawmakers in the House and Senate to push for action that ends the abusive use of mortgage credit leads,” he shared. MBA’s President and CEO Bob Broeksmit, CMB, offered supportive commentary about the bill’s reintroduction.

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Mortgages As-is Investor Closing 344

Housing Wire

APRIL 3, 2025

Cooper serviced half, which we think is very unlikely, the earnings impact on Rocket is likely to be negligible,” Bose George, an analyst for Keefe Bruyette Woods , wrote in a note to investors on Thursday. Cooper’s overall retention score is 50%, according to the investor presentation.) Cooper owns a 20% stake in Sagent).

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Investor Mortgages Loans Technology 296