Housing Wire

OCTOBER 25, 2024

Davis also highlights Deephaven’s edge in products like their Ground-Up Construction and Fix-and-Flip products, offering originators essential tools and training. Agency loans have limitations such as loan amounts, only allowing up to ten financed properties and they don’t accept five to nine units.

Investor 448

Investor New Construction Construction Loans 448

Housing Wire

MARCH 1, 2024

HousingWire is excited to introduce the winners of the 2024 Finance Leaders award, recognizing the top finance executives in housing who are driving financial performance, expanding margins, improving liquidity and helping their businesses access the capital markets. The 2024 Finance Leaders exemplify excellence.”

Finance 468

Finance Principal Construction MLS 468

Housing Wire

JULY 19, 2024

Headquartered in Southern California , AscentDS will focus on providing customized financing solutions to single-family and multifamily housing developers and investors across the nation. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We now known as Rithm Capital.

Construction 459

Construction Development Loans Lending 459

Housing Wire

APRIL 26, 2024

Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. The “Adoption of Energy Efficiency Standards for New Construction of HUD- and USDA-Financed Housing” was published on Friday in the Federal Register, and will go into effect on May 28.

New Construction 501

New Construction Construction Development Finance 501

Housing Wire

MARCH 7, 2025

economy can withstand job losses in the government sector, reduced spending in the economy, and a housing market on the brink of losing residential construction projects. This leads us back to the private sector and residential construction jobs. I recently discussed this in an interview with Yahoo Finance.

Mortgages 383

Mortgages Marketing Residential Construction 383

Housing Wire

JANUARY 17, 2024

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. Index values for most construction inputs are down from 2022 but remain above pre-pandemic levels. That could set the backdrop for a slower pace of construction.

Construction 488

Construction Land Residential Mortgages 488

Housing Wire

JANUARY 30, 2025

For example, 30% of purchase transactions were new construction last year. If you’re a loan officer, you should have a construction product that focuses on builders, developers and Realtors. And, its focusing on areas like construction, non-QM, the fix-and-flip and second lien production.

New Construction 297

New Construction Construction Marketing Investor 297

Housing Wire

JANUARY 28, 2025

Apollo orchestrated this transaction and now our partnership through Newfi provides the financing needed to grow this business and scale it to a higher level. It’s a complete financing solution that helps us ramp up and scale our production in the BPL sector. Could you share how this move puts Dunmor at the forefront of that?

Residential 354

Residential Lending Finance Banks 354

Housing Wire

OCTOBER 18, 2024

The number of housing units that came online in September showed a big year-over-year jump, but data on earlier stages of construction suggest not much is coming through the pipeline. That’s according to monthly data on new residential construction from the U.S. But housing completions rose 14.6% compared to September 2023.

Construction 459

Construction Staging New Construction MLS 459

Housing Wire

MARCH 30, 2023

Achieving [these] goals will also help encourage community banks to expand their construction-to-permanent mortgage lending activity, especially in small towns and rural markets.”

Construction 397

Construction Loans Banks Lending 397

Housing Wire

NOVEMBER 29, 2023

Home construction New home construction ramped up early in the pandemic but moderated as interest rates ticked up and mortgage rates followed. The seasonally adjusted annual rates of homes permitted, started, under construction and completed all remain well above pre-pandemic levels but below the peaks reached in the last three years.

Construction 448

Construction Sales Finance Land 448

Housing Wire

MARCH 7, 2024

In the address, the president will call for a $10,000 tax credit for both first-time homebuyers and people who sell their starter homes; the construction and renovation of more than 2 million additional homes; and cost reductions for renters.

Construction 535

Construction Closing costs Renovation Title 535

Housing Wire

OCTOBER 24, 2024

Many of the distressed properties Sandoval encounters are not in good enough condition to qualify for traditional financing. That means the buyer will need to pay in cash or use non-traditional financing such as a hard money loan. When this happens, Sandoval works with the owner to provide a graceful exit.

Bankruptcy 448

Bankruptcy Equity Hard money loan Finance 448

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 243

Lending Equity Banks Construction 243

Housing Wire

FEBRUARY 28, 2024

Like many localities across the country, Marin County leaders describe a housing crisis in their area that they hope to alleviate through the construction of more ADUs. It is a notoriously expensive housing market and maintains an estimated population of more than 260,000 people, according to data from the 2020 U.S.

Construction 459

Construction Equity Mortgages Finance 459

Housing Wire

OCTOBER 18, 2023

However, permits for future construction recorded a 4.4% “Slower construction activity in the Northeast could reflect cooler demand as well as challenges builders face in finding availability lots,” she said. Could multifamily construction stall? Department of Housing and Urban Development and U.S. They were 23.3%

Construction 468

Construction Development MLS Mortgages 468

Housing Wire

SEPTEMBER 5, 2023

It uses county-level data for single and multi-family permits to gauge housing construction growth in both urban and rural metros. The latest HBGI data continue to show a changing geography for home construction,” Robert Dietz , the NAHB’s chief economist, said in a statement. at the end of 2019 to 12% earlier in 2023.

Construction 435

Construction Mortgages Development Marketing 435

Housing Wire

FEBRUARY 6, 2025

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. Finance a loan, and you may lose money. Avoid financing, and you risk missing out on a sales growth opportunity. This loan type offers up to $2 million in financing. Why is that important?

Loans 306

Loans Mortgages Equity Construction 306

Housing Wire

NOVEMBER 5, 2024

Redfin cited the boom in multifamily construction over the past few years as one reason why rents have remained stable. The surge in multifamily construction addressed demand in certain regions, particularly in the Sun Belt states, but builders are now slowing down.

Construction 417

Construction As-is Finance Marketing 417

Housing Wire

APRIL 1, 2024

In addition to that, conventional underwriting does not serve the new-age economy such as gig workers, so you are seeing this demand for alternative financing. “And Potential partnerships Home equity investments are likely to become essential to the home finance product marketplace. And that has already started to happen,” Craft said.

Equity 468

Equity Finance Purchase and sale agreement Investor 468

Housing Wire

MARCH 12, 2025

As we continue our expansion, our focus remains on delivering home financing solutions that put our clients first. The company offers a range of loan products including FHA , VA , USDA, conventional, jumbo, refinance and construction programs. About a year before that, the company began operating in Montana.

Loans 322

Loans Construction Finance Mortgages 322

Housing Wire

JANUARY 4, 2023

More than 160 employees from the now-shuttered Finance of America Mortgage have landed at Go Mortgage , a Columbus, Ohio-based lender. When Finance of America announced their closure, we started searching around,” Reich said. ” . “We We specialize in marketing for purchases.”.

Mortgages 508

Mortgages FHA loan Loan Officer Construction 508

Housing Wire

JANUARY 24, 2025

Under the terms of the investment, Newfi will continue to provide an initial financing facility to expand Dunmors origination capacity. It offers four types of RTL products bridge, fix and flip , ground-up construction and debt-service-coverage ratio (DSCR) loans.

Equity 362

Equity Lending Residential Branding 362

Housing Wire

SEPTEMBER 14, 2023

Demand for newly constructed homes continues to remain high as existing for-sale inventory remains historically low. Mortgage applications for new home purchases increased 20.6% in August on a year-over-year basis. Compared to July 2023, applications increased by 4%. This change does not include any adjustment for typical seasonal patterns.

New Construction 418

New Construction Construction Mortgages VA loan 418

Housing Wire

MAY 7, 2024

It is shipped from the Boxabl manufacturing facility in Las Vegas and is “designed to unfold into a fully functional dwelling unit in just a few hours,” reducing construction costs and minimizing environmental impacts, according to a company news release. But some experts believe that financing options for ADUs need to be expanded.

Construction 475

Construction Finance Design Technology 475

Housing Wire

NOVEMBER 22, 2024

of existing supply, with another 38,000 of apartment units under construction (12.2% We believe rates (including financing rates) staying higher for longer will delay any rebound in construction activity in the near term,” he wrote. of existing supply) that will be delivered over the coming months,” Lawrence wrote.

Marketing 370

Marketing Construction As-is Residential 370

Housing Wire

NOVEMBER 4, 2024

New construction inventory has grown in recent months. Homebuilders have backed off since the pandemic-driven building boom, with high mortgage rates dampening demand; they’re focused on selling the new homes they have on the books rather than constructing new ones,” Redfin noted in the report. year over year in September.

As-is 370

As-is Marketing Construction New Construction 370

Housing Wire

JULY 11, 2024

Transitioning to factory building from on-site construction reduces building costs by 20% and significantly improves delivery time; and by using green materials, developers can open up new financing options that, together, turn project economics right-side-up. Energy efficient homes open the door to new and better financing options.

Development 434

Development Construction Finance Investor 434

Housing Wire

AUGUST 16, 2024

One key data line that is flagging a path to recession is the loss of residential construction workers. A while back, HousingWire Editor in Chief Sarah Wheeler and I discussed the risk of recession due to a lack of construction labor. Let’s look at today’s residential construction report and see where we are. From the U.S.

Construction 535

Construction Residential New Construction Finance 535

Housing Wire

SEPTEMBER 5, 2024

In this executive conversation, Steven Katz, Executive Vice President and Chief Investment Officer of Residential Financing at Arbor Realty Trust, shares his thoughts on the burgeoning build-to-rent (BTR) market. SK: Construction lending is extremely complex, and in which banks have traditionally been the dominant players.

Marketing 476

Marketing Construction Investor Finance 476

Housing Wire

APRIL 8, 2024

It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. I think in a healthy housing market, you have to have both new construction and preservation efforts,” Maxwell said. “We

New Construction 511

New Construction Finance Construction Mortgages 511

Housing Wire

NOVEMBER 1, 2024

Construction was another sector that posted gains in October, adding 8,000 jobs. Residential construction gained 1,300 jobs in October, while residential specialty trade contractors shed 6,600 jobs. Residential construction gained 1,300 jobs in October, while residential specialty trade contractors shed 6,600 jobs.

Construction 370

Construction Residential MLS Mortgages 370

Housing Wire

NOVEMBER 21, 2024

Meanwhile, there’s been a surge in the construction of new units: nearly one million new apartment units are projected to be available by 2025, according to a market analysis using data from the U.S. Meanwhile, nearly two-thirds of smartphone users use an app to manage their finances. Census Bureau.

Property Management 370

Property Management Technology Banks Construction 370

Eye on Housing

FEBRUARY 20, 2025

Single-family built-for-rent construction posted year-over-year declines for the fourth quarter of 2024, as a higher cost of financing crowded out development activity. This slowdown is similar to the deceleration of multifamily construction in recent quarters.

Construction 105

Construction Finance Development Design 105

Housing Wire

FEBRUARY 10, 2025

It also closed five RTL securitizations for nearly $2 billion and expanded its product suite by launching a new construction financing product. The company said that in 2024, it increased its active customer base to more than 5,500 (up 30% from 2023).

Lending 275

Lending New Construction Residential Investor 275

Housing Wire

MARCH 26, 2025

On Tuesday, Federal Housing Finance Agency ( FHFA ) Director Bill Pulte announced several policy changes via social media, including the end of special purpose credit programs (SPCPs) and rolled-back enforcement against unfair or deceptive acts or practices (UDAP). ”

Mortgages 284

Mortgages Lending Loans Finance 284

Housing Wire

SEPTEMBER 4, 2024

The only viable solution to these problems, as other municipal leaders and housing industry experts have previously suggested, is the construction of more homes. The plan also addresses environmental impact concerns of new construction, Rubio said, by paying attention to the floodplain of Portland’s urban center.

Construction 447

Construction New Construction Finance Land 447