Housing Wire

OCTOBER 18, 2024

Indiana-based lender Ruoff Mortgage is making a move designed to help more homeowners get into new homes with ease. Sellers can tap into their current home equity in a bid to buy another property without coming up with cash for a down payment.

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Purchase and sale agreement Mortgages Equity Finance 445

Housing Wire

JANUARY 22, 2025

For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity. Every distressed customer deserved a chance to protect their equity, and Auction.com is going beyond auctions to make that possible, President Ali Haralson said in a statement.

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Proof of funds Equity Technology Banks 369

Housing Wire

MAY 15, 2024

Peter Van Gelderen, co-head of Global Securitized at TCW , a leading global asset management firm, said this means there could potentially be two new and unique products unveiled on the agency side: CES loan purchases and a related credit-risk transfer product designed to shift some of the agency CES risk to private investors. “In

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Equity Loans Investor Mortgages 482

Housing Wire

JULY 28, 2021

Digital lending and cloud banking startup Blend Labs has launched Blend Impact , a program focused on increasing access and equity in housing and financial services with Blend’s nonprofit partners. The post Blend launches housing equity program appeared first on HousingWire.

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Equity Lending Banks Development 435

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. homeowners saw home equity increase 1.7%

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Equity Purchase and sale agreement Marketing Lending 447

Housing Wire

APRIL 9, 2025

While homeowners take pride in seeing their personal tastes and design choices come to life, Realtors may recommend different strategies to enhance the propertys resale value. Instead, the substantial housing equity that homeowners have built up over time enables them to invest in transforming their homes while they remain in place.

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Renovation Equity Loans Mortgages 363

Housing Wire

APRIL 15, 2025

“FirstTeam’s impressive growth is fueled by a robust ecosystem designed to nurture agents at every stage of their career,” said Michele Harrington , the companys CEO. The firm is among the largest privately held U.S. brokerages and is a founding member of Leading Real Estate Companies of the World. The company reported $6.13

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Agents Brokerage Staging Equity 358

Housing Wire

MAY 15, 2024

Peter Van Gelderen, co-head of Global Securitized at TCW , a leading global asset management firm, said this means there could potentially be two new and unique products unveiled on the agency side: CES loan purchases and a related credit-risk transfer product designed to shift some of the agency CES risk to private investors. “In

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Equity Marketing Loans Investor 431

Housing Wire

NOVEMBER 7, 2024

The California-based lender recently introduced a revised branding effort , the “Flex Payment Mortgage“ suite, that is designed to broaden the appeal of its reverse offerings to more potential partners. It wants options available to first-time buyers as well as age-appropriate offerings for a person’s later years.

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Mortgages Equity Lending Branding 367

Housing Wire

OCTOBER 24, 2024

Valon’s platform — the first of its kind to provide end-to-end mortgage servicing — was designed to boost efficiency and transparency for home buyers and sellers. Valon’s platform offers traditional purchase and refinance products, alongside alternative products like home equity lines of credit ( HELOCs ).

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Mortgages Technology Equity Industrial 446

Housing Wire

JANUARY 3, 2024

population grows older with each passing year, looking for new and novel ways to fund long-term care for the aging population could include home equity. As the gap between high- and low-income homeowners widens, the equity they’ve built up in their homes could make a difference in the equation. As the U.S.

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Equity Mortgages Development Design 451

Housing Wire

JULY 8, 2021

Private equity firms Flexpoint Ford and Vestar Capital Partners have bought Lereta LLC , a provider of real estate tax and flood solutions for mortgage servicers, the companies announced this week. ” Flexpoint Ford is a private equity investment firm that has raised more than $5 billion in capital.

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Equity Commercial Technology Loans 415

Housing Wire

OCTOBER 29, 2021

The resurgence of alternative home equity tapping companies in the past few years has been of interest to the reverse mortgage industry due to the potential that business has to compete for seniors’ business. Seniors’ response to alternative equity tapping since COVID-19 onset. Eoin Matthews, CBO and co-founder of Point.

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Equity Mortgages Principal As-is 412

Housing Wire

SEPTEMBER 22, 2023

Borrowers everywhere are seeking new ways to tap into their home equity. To help homeowners explore their home equity options, lenders, investors and others in the industry should consider leveraging tech-backed services. But with rising mortgage costs and high interest rates , refinancing doesn’t always make the most sense.

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Equity Inspection Technology Residential 455

Housing Wire

APRIL 14, 2025

As part of the agreement, Better is granting the investor the right to designate one non-voting board observer starting June 1, 2025. In exchange, the company has issued $155 million in new senior secured notes to SB Northstar at a 6% annual interest rate due in December 2028. Better is also making a one-time cash payment of $110 million.

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Equity Loans Finance Investor 277

Housing Wire

NOVEMBER 6, 2023

The use of artificial intelligence (AI) is poised to grow amid higher origination costs and greater competition, but without correcting the underlying causes of bias in data, AI models can embed racial equity inequality on a larger scale, a recent report from the Urban Institute concluded. “It

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Equity Mortgages Finance Development 423

Housing Wire

JANUARY 4, 2024

While home equity can certainly be a beneficial tool for some seniors to deploy, it will not always be a definitive answer for every senior’s needs. “If you could use your home equity to make your life better — to buy hearing aids, for example — maybe that’s a good investment.” ” Molinsky told NextAvenue.

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Equity Renovation Lending Finance 412

Housing Wire

MARCH 25, 2025

The agreement is designed to fit the New York-based lender’s asset-based underwriting model, allowing for greater flexibility in how capital is allocated across its varied loan portfolio. ” The lender arranges debt and equity capital raises from $25 million to $5 billion and advises on mergers and acquisitions.

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Lending Equity Banks Construction 229

Housing Wire

JUNE 26, 2023

Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. Terms of the transaction were not disclosed. ” The company also announced that it expanded its bulk- and forward-trading loan programs.

Equity 364

Equity Land Investor Loans 364

Housing Wire

FEBRUARY 20, 2025

Chase Home Lending recently announced a limited-time, nationwide interest rate discount that is designed to help homeowners save on their monthly mortgage payments.The offer is in effect through March 7. through a cash-out refinance, Gidwaney told HousingWire. Gidwaney explained that the rate discount depends on a customers service area.

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Lending Equity Mortgages Design 289

Housing Wire

DECEMBER 18, 2024

Citi led creative testing throughout the year-long site design and build, and will conduct testing throughout 2025. There are some calculators that they can leverage about how to access the equity in their home, information on home equity lines of credit , those sorts of things that we’re starting with, Stahlman added.

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Marketing Lending Branding Banks 405

Housing Wire

FEBRUARY 6, 2025

If that isnt spectacular enough, Deephaven offers interest-only options for maximum property cash flow alongside cash-out solutions to consolidate debt and unlock equity. Also, DSCR five- to nine-unit loans are designed for larger multi-family homes. Equity Advantage HELOC loans offer similar benefits as a revolving line of credit.

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Loans Mortgages Equity Construction 273

Housing Wire

FEBRUARY 6, 2025

They’ve got a lot of equity , and so they’re able to tap into that to help with living expenses. They can be beneficial Im not necessarily an advocate but sometimes those can be helpful, as well, to give folks some cash flow, Batey said. Because their largest asset may well be their home with these escalating prices.

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Mortgages Staging Equity Loans 388

Housing Wire

MARCH 4, 2025

Of his upcoming work, the company said Conneen will lead the charge in implementing modern, scalable solutions to both consumers and lender partners who wish to unlock home equity with greater efficiency, transparency, and accessibility.

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Technology Equity Finance Mortgages 265

Housing Wire

DECEMBER 17, 2024

Existing homeowners, leveraging their home equity, can make substantial down payments, giving them a significant edge over first-time buyers who must borrow more at todays higher interest rates. This aging trend is matched by a rise in wealth among homebuyers. Register today to attend the Housing Economic Summit in Dallas, on Feb.

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Marketing Equity As-is Mortgages 396

Housing Wire

MARCH 6, 2025

HUD is working with mortgage servicers and others to assess the extent of properties with FHA-insured mortgages in the designated area that have been severely damaged or destroyed, the department explained. HUD advises anyone in the designated PDMDA who is having trouble making their mortgage payments to immediately contact their servicer.

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Equity Mortgages Design Development 305

Housing Wire

DECEMBER 27, 2024

With Home Equity Conversion Mortgage (HECM) volume declining on an annual basis, many industry participants cited at least one key factor that couldve driven the decline, but the view was not universal. Reverse mortgage business and mortgage business generally is not where people want it to be.

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Industrial Mortgages Principal Lending 395

Housing Wire

APRIL 4, 2025

The Platinum Peak product suite aims to offer higher available loan-to-value (LTV) ratios, which are designed to translate into higher loan proceeds for borrowers, according to the announcement. Other lenders active in the proprietary space include University Bank , Smartfi Home Loans and Nationwide Equities.

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Mortgages Principal Loans Equity 270

Housing Wire

APRIL 2, 2025

The role is designed to strengthen FOAs leadership in an area that is essential to the companys long-term growth plans and further its efforts to make home equity for retirement a mainstream solution, the company said. Im extremely honored to take on this new role as chief production officer.

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Equity Finance Lending Branding 259

Housing Wire

OCTOBER 23, 2024

Mortgage data and workflow solutions provider FirstClose is launching a new feature for its automated home equity point-of-sale system. Borrowers can determine down payment amounts, monthly payment limits, and interest rates for home equity lines of credit ( HELOCs ) or home equity loans with a five- to 10-day closing process.

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Equity Loan Officer Lending Loans 432

Housing Wire

DECEMBER 9, 2024

Because of that, more people in the industry have a better understanding of seniors unique challenges, which could necessitate more products designed for them. The second step is to understand the landscape of existing equity release product offerings. Naturally, this includes reverse mortgages, he explained.

Mortgages 359

Mortgages Lending Banks Industrial 359

Housing Wire

FEBRUARY 27, 2025

Go in an order that makes sense, such as: headline, first-floor features, second-floor features, basement, overall design (hardwood floors, etc), garage, yard and location. Source: 20 Stratford St, Boston, MA – listed by Helen Gaughran, Insight Realty Instant sweat equity opportunity in this wonderfully located Roslindale home.

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Renovation Agents MLS Equity 340

Housing Wire

JUNE 12, 2024

Home equity solutions and sale-leaseback platform EasyKnock announced a partnership on Tuesday with financial fitness and homeownership platform FinLocker that will make FinLocker’s tools available free of charge to EasyKnock customers. In December 2023, EasyKnock acquired home equity investment (HEI) platform Balance Homes.

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Equity Banks Mortgages Closing 432

Housing Wire

APRIL 17, 2024

This would offer borrowers an alternative way to access their home equity without surrendering a first mortgage with a more favorable interest rate than is currently available. This is specifically designed to benefit consumers during the high rate environment, the agency said.

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Closing Mortgages Equity Loans 529

Housing Wire

MAY 23, 2024

But they have also accumulated a good amount of equity over the last few years. How do we allow them to extract equity out of their house in a responsible way?“ The MBA said it recognized that the product provides access to equity at lower rates and is a “cost-effective alternative to cash-out refinances.“

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Equity Closing Mortgages Lending 450

Housing Wire

JANUARY 28, 2021

That’s a significant downsizing from the $250 million its private equity backers planned to raise through the sale of 12.5 Home Point Capital itself is not selling any shares in the offering, but funds affiliated with its private equity backer Stone Point Capital are cashing out. million dollars in its IPO on Friday.

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Equity Loans Lending Banks 534

Housing Wire

SEPTEMBER 24, 2021

The raft of legislation designed to spur first-time homeownership in America seems to grow by the minute. The move could “allow qualified homebuyers to build equity-and wealth- at twice the rate of a conventional 30-year mortgage.”. In the past couple of months two versions of the $15,000 first-time homebuyer tax credit and Rep.

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Mortgages Equity Fixed-rate mortgage Development 511