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loanDepot closes $300M warehouse securitization 

Housing Wire

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. loanDepot said this is the 10th time it has closed a transaction of this kind. The loans are produced according to criteria from Fannie Mae , Freddie Mac and Ginnie Mae.

Closing 434
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Kiavi closes on $350M securitization 

Housing Wire

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 loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions.

Closing 457
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Redwood Trust to close $85M in debt offering

Housing Wire

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. million in aggregate principal amount available for 30 days to cover over-allotments. The offering can be increased by $12.75

Closing 443
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Investment property lender Kiavi closes $300M securitization 

Housing Wire

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 loans bundled in the securitization were mostly investment property loans used for fix-and-flip transactions.

Closing 394
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Kiavi closes $350M securitization of fix-and-flip loans

Housing Wire

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.

Loans 462
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Swiss bank UBS closes deal to sell U.S. servicer

Housing Wire

billion in unpaid principal balance (UPB). servicing business, expected to close in the first quarter of 2025, benefits the bank by reducing costs and lowering risk for its balance sheet. According to Inside Mortgage Finance (IMF), SPS was the 20th-largest U.S. primary mortgage servicer at the end of June, handling $166.7

Banks 435
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Rocket closes subservicing deal with REIT Annaly

Housing Wire

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 Terms of the deal were not disclosed. billion in market value as of June 30.

Closing 434