Housing Wire

JANUARY 22, 2024

Lux’s career includes positions at Freddie Mac where he was executive vice president and chief information officer for seven years, and principal at Towers Watson , a global professional services company, where he was responsible for leading teams in the delivery of commercial risk modeling technology for the insurance industry.

Technology 448

Technology Principal Commercial Loans 448

Housing Wire

JUNE 26, 2024

The first is for up to $200 million in aggregate principal of senior secured first-lien notes due in 2026, while the second is for up to $150 million in aggregate principal of exchangeable senior first-lien notes due in 2029. FOA is optimistic about the ultimate results the move will have, according to its announcement.

Finance 414

Finance Principal Commercial Equity 414

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. Five Brothers, headquartered in Warren, Mich., These include services for the reverse mortgage industry, marking MCS’ initial entry into the sector.

Mortgages 448

Mortgages Principal Commercial Real-estate owned 448

Housing Wire

MARCH 5, 2024

He oversees the strategy and growth of Pagaya’s commercial business – including its single-family rental business and its subsidiary Darwin Homes. Two Harbors’ originations business will hedge its servicing portfolio of $216 billion in unpaid principal balance (UPB) as of Dec. Before joining Pagaya, Vas was CEO of Caliber Home Loans.

Principal 443

Principal Commercial Loans Mortgages 443

Housing Wire

NOVEMBER 24, 2020

“The tools and functionality developed by Homesnap for residential property agents, such as lead generation, client collaboration, and digital advertising, have direct applicability to commercial brokers.”. starting in January. PROJETO was originally only made available to the firms own clients in September.

Principal 459

Principal Residential Commercial Development 459

Housing Wire

FEBRUARY 23, 2024

said Solomon Greene, principal deputy assistant secretary for policy development and research at HUD. “We “The widening gap between housing supply and demand has driven up housing costs and constrained affordable choices for low-and moderate-income families.”

Construction 459

Construction Land Residential Principal 459

Housing Wire

MARCH 6, 2024

The California-based lender and servicer promoted Jim Follette to chief digital officer, a new role to pursue opportunities in digital innovations, commercial markets and solutions for homeowners. It produced $99 billion in unpaid principal balance (UPB) in 2023. Founded in 2008, Pennymac employs about 3,900 people nationwide.

Technology 448

Technology Principal Commercial Mortgages 448

Housing Wire

MARCH 6, 2024

The move strengthens the bank’s balance sheet amid a confidence crisis related to its commercial real estate loan portfolio. Its owned servicing portfolio reached $78 billion in unpaid principal value (UPB) at the end of 2023, with a carrying value of $1.1 billion goodwill impairment. billion, according to the KBW analysts.

Equity 436

Equity Mortgages Banks Commercial 436

Housing Wire

SEPTEMBER 17, 2024

FOA also advised that any investors who participate could receive “a cash fee equal to 0.25% of the aggregate principal amount of outstanding 2025 unsecured notes that are exchanged,” according to the announcement. Anyone with potential interest in the agreement must signal their intent to participate by 5 p.m.

Commercial 428

Commercial Finance Branding Principal 428

Housing Wire

FEBRUARY 22, 2022

At the same time, those options trigger specific additional requirements from investors, including reporting principal and interest collection activity, drafting funds due to the investor, resolving any reporting or drafting discrepancies, and reconciling custodial accounts. Includes web applications.

Commercial 417

Commercial Investor Loans Mortgages 417

Housing Wire

AUGUST 25, 2022

Qualia says its API provides real estate businesses and PropTech companies the ability to automatically connect internal software tools, integrate with their commercial partners, and analyze their comprehensive performance data.

Title 397

Title Principal Commercial Technology 397

Housing Wire

MAY 1, 2023

The Federal Deposit Insurance Corporation (FDIC) and JP Morgan are also entering into a loss-share transaction on single family, residential and commercial loans it purchased from the former First Republic Bank.

Banks 396

Banks Commercial Loans Principal 396

Housing Wire

JULY 19, 2021

Margaret Redman has been named director of national commercial services and senior regional underwriting counsel for North American Title Insurance Co. Generally accepted accounting principal (GAAP) revenues are expected to be around $226.4 Doma saw revenues of $179.8 million in 2019 and $189.7 million in 2021.

Title 370

Title Commercial Principal Branding 370

Housing Wire

MAY 16, 2022

UWM, the nation’s largest wholesale lender, sold MSR on loans with an aggregate unpaid principal balance of about $56.6 billion in the unpaid principal balance of MSRs as of March 31, 2022 compared to $221 billion exactly a year earlier. Rocket Companies ($1 billion), United Wholesale Mortgage ($453.2 million) and Homepoint ($11.9

Principal 397

Principal Banks Loans Lending 397

Housing Wire

SEPTEMBER 1, 2023

Name Job Title Company Name Aaron Kardell Vice President of Product Lone Wolf Technologies Aayaam Kapoor Vice President of Product and Agency Real Estate Webmasters Amaly Quiroz Vice President of Transaction Operations eXp Realty Amy Gorce CEO REdistribute Andrew Binkley President Constellation Real Estate Group Ankur Bansal President of HomeLight (..)

Technology 476

Technology Title Development Lending 476

Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers.

Industrial 435

Industrial Title Commercial Banks 435

Housing Wire

MARCH 7, 2024

Michael Warden , managing principal and CEO of Invictus Capital Partners — one of the largest players in the nonqualified mortgage (or private-label) securitization space via Verus Securitization Trust — is also quite bullish on the future of private capital in the mortgage market.

Investor 448

Investor As-is Commercial Equity 448

Housing Wire

JULY 1, 2024

Lucie Realtors Donna Schmidt Chief Executive Officer DLS Servicing Donna DelMonte Executive Vice President of Operations LoanStream Mortgage Erica Acie Head of Retail Originations Truist Erica Vigen Senior Product Manager, Real Estate Analytics Clear Capital Erin Sheckler Head of National Commercial Services Stewart Erin Wester Vice President of Product (..)

Lending 493

Lending Technology Mortgages Equity 493

Housing Wire

OCTOBER 10, 2024

According to the BofA report, there are 833,268 mortgages originated in the affected regions and securitized into residential mortgage-backed securities (RMBS), totaling $96 billion in unpaid principal balance (UPB). billion, a total that includes residential and commercial properties. billion to $47.5

Loans 375

Loans Equity Principal Residential 375

Housing Wire

APRIL 10, 2024

Following the wind down of its forward mortgage business and sales of non-reverse segments including Lender Services, Commercial Originations and Home Improvement, FOA is focused solely on the reverse mortgage market,” the company said. The Company has substantially completed its exit from all non-core businesses at the end of Q1’24.”

Investor 448

Investor Bankruptcy Finance Equity 448

Housing Wire

MAY 23, 2024

Borrowers tend to be younger, single seniors As stated by actor Tom Selleck in a commercial for American Advisors Group (AAG) in 2019, the reverse mortgage program has served “over a million Americans.” The study’s section on borrower characteristics reinforces the figure, detailing that the Federal Housing Administration (FHA) endorsed 1.1

Equity 459

Equity Loans Principal Commercial 459

Housing Wire

MARCH 21, 2022

Commercial or business loans. Lyle Solomon is the principal attorney with Oak View Law Group in California. To purchase land and split it up, a developer needs to get their subdivision plans, one or more lawyers to work with local laws and zoning, and people who can help with construction to help them with the process.

Agents 369

Agents VA loan Land Construction 369

Housing Wire

SEPTEMBER 21, 2023

The rapid ascent is mostly behind us but it will be a while before the economy sees any sign of a gradual descent, Marty Green, principal at mortgage law firm Polunsky Beitel Green , added. “In In my view, this means the mortgage interest rate environment will continue to bounce sideways through the next several months,” Green said.

Banks 448

Banks Mortgages Principal Commercial 448

Housing Wire

FEBRUARY 8, 2024

” Two Harbors’ origination business will hedge its servicing portfolio of $216 billion in unpaid principal balance (UPB) as of Dec. Over time, it got involved in other asset classes, such as single-family rental properties and commercial real estate lending. The company began investing in agency and legacy subprime MBS.

Lending 432

Lending Mortgages Principal Loans 432

Housing Wire

JULY 27, 2023

billion in unpaid principal balance (UPB) as of June 30, up 2% from March 31. Throughout the quarter, Pennymac increased the number of approved correspondent seller relationships to 800, attracting sellers who had connections with commercial banks that pulled back from or recently exited the channel. million in Q2 2023, down from $57.4

Banks 367

Banks Principal Loans Commercial 367

Housing Wire

AUGUST 9, 2022

billion in assets, has a diverse portfolio of residential and commercial real estate assets. That’s based on a comparison of the principal balance of the loans on the books and their fair market value as reported by the REIT as of that date. The principal balance of WMC’s residential whole loan portfolio at June 30 stood at $1.24

Marketing 418

Marketing Bankruptcy Loans Principal 418

Realty Biz

MAY 21, 2021

And that’s exactly what investors are betting on, causing prices to rise in the commercial real estate market as they snap up long-vacant office buildings in anticipation of demand. As a result, commercial real estate prices have risen by 7% on average since July. The Dallas-based travel technology firm Sabre Corp.

Commercial 110

Commercial Investor Equity Principal 110

Housing Wire

FEBRUARY 8, 2023

Servicing to the rescue The company’s mortgage servicing rights portfolio (MSRs) totaled $609 billion in unpaid principal balance (UPB) as of December 31, 2022, up from $615 billion as of September 30, 2022. The production is expected to be even lower in the first quarter of 2023, with a volume between $5 billion and $7 billion.

Equity 370

Equity Principal Loans Mortgages 370

Realty Biz

FEBRUARY 10, 2021

Investors typically focus on either residential or commercial properties. Lower barrier to entry : Commercial property investments generally require sophisticated analysis to evaluate, more money, and complicated financing. Principals identify houses in need of minor repairs or cosmetic refurbishments selling below market costs.

Commercial 113

Commercial Residential Investor Finance 113

Housing Wire

AUGUST 26, 2024

trillion unpaid principal balance (UPB). We opportunistically took advantage of strong market conditions and monetized approximately $29 billion of unpaid principal balance of our mortgage servicing rights,” David Hayes, loanDepot’s chief financial officer, told analysts. Cooper had become the largest U.S.

Mortgages 458

Mortgages Banks Debt-to-income ratio Loans 458

Housing Wire

AUGUST 11, 2022

billion in assets, has a diverse portfolio of residential and commercial real estate assets. That’s based on a comparison of the principal balance of the loans on the books and an assessment of their fair market value as reported by the REIT as of that date. The REIT, with some $2.8

Mortgages 397

Mortgages Residential Loans Lending 397

Housing Wire

JANUARY 17, 2024

But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance. They own the home with their name on the title, as with any mortgage, traditional or reverse.

Finance 482

Finance Seller concession Loan Officer Loans 482

Housing Wire

FEBRUARY 27, 2025

In 2025 alone, the company has launched its AI-powered website, Rocket.com , brought on Katie Sweeney as executive vice president of broker advocacy for Rocket Pro, made a Super Bowl commercial comeback and kicked off a companywide rebranding campaign. This includes $1.3 billion of cash on the balance sheet, $1.6 It was servicing 2.8

Loans 261

Loans Equity Principal Commercial 261

Realty Biz

JULY 1, 2022

Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Dawanna Williams is the Founder and Managing Principal of Dabar Development Partners – a real estate development firm that offers modern living solutions with intelligent planning, architectural ingenuity, and environmental integrity.

Principal 87

Principal Development Brokerage Residential 87

Housing Wire

MARCH 5, 2024

He oversees the strategy and growth of Pagaya’s commercial business – including its single-family rental business and its subsidiary Darwin Homes. Two Harbors’ originations business will hedge its servicing portfolio of $216 billion in unpaid principal balance (UPB) as of Dec. Before joining Pagaya, Das was CEO of Caliber Home Loans.

Principal 195

Principal Commercial Loans Mortgages 195

Sotheby's International Real Estate

AUGUST 24, 2020

The Principality of Andorra | Andreu Cañadas , Andorra Sotheby’s International Realty. Located in the incomparable natural setting of Sant Miquel d’Engolasters, this exclusive 13-penthouse-unit new development named ESCALA defines the discreet luxury lifestyle in the Principality of Andorra.

Principal 64

Principal Development Commercial Residential 64

Housing Wire

SEPTEMBER 13, 2024

We typically don’t take principal agents who’ve been in the business for less than five years, but we’re always open to conversations. We have incredible multifamily teams, commercial teams, new construction teams, high net worth teams, beach teams, golf teams. You know, things move fast these days.

Brokerage 430

Brokerage Branding Agents MLS 430