Housing Wire

SEPTEMBER 17, 2024

Home equity solutions provider Unison launched a new product on Tuesday that combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. The San Francisco -based Unison calls its new offering the Equity Sharing Home Loan. home equity by the end of this year.

Equity 459

Equity Loans Debt-to-income ratio Renovation 459

Housing Wire

FEBRUARY 3, 2025

The suits accused EasyKnock of using a deceptive and unfair lending scheme to lure homeowners with poor credit, but with significant home equity, into unlawful, usurious loans known as Sell & Stay transactions. The platform shut down its operations in early December 2024. This followed a $57 million Series C round in February 2022.

Lending 395

Lending Equity Investor Residential 395

Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. Moreover, the prolonged high-interest-rate environment is leading to lower refinancing rates, which extends the duration of cash flows that investors can expect from these assets.

Residential 488

Residential Equity Mortgages Purchase and sale agreement 488

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

Equity 492

Equity Loans Investor Mortgages 492

Housing Wire

APRIL 4, 2025

Boothby has more than 25 years of experience in credit , business development and investor relations. While Ive seen the broader private credit boom firsthand, investor demand for asset-based credit strategies, specifically, has grown significantly in recent years. It grew its assets under management from $1.2 billion in 2024.

Development 300

Development Investor Equity Finance 300

Housing Wire

APRIL 9, 2024

The time-tested resiliency of home values highlights home equity’s importance to American households and its significance for residential real estate investors alike. The convergence of homeowner requirements and investor incentives has resulted in a genuine inflection moment for home equity investments (HEIs).

Equity 475

Equity Investor Residential Finance 475

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.

New Construction 338

New Construction Construction Marketing Investor 338

Housing Wire

FEBRUARY 20, 2025

Digital homeownership company Better.com on Thursday announced a record 400% growth in its home equity line of credit ( HELOC ) and home equity loan businesses. We’re underwriting them for four-plus investors, and I think that allows us to have a much higher approval rate than the other HELOC providers.”

Equity 332

Equity Investor Lending Renovation 332

Housing Wire

DECEMBER 5, 2023

Residential sale-leaseback platform EasyKnock has acquired home equity investment platform Balance Homes , the company announced on Tuesday. With this new integration, EasyKnock aims to provide homeowners with additional options to convert their home equity into cash. EasyKnock received $57 million in venture capital in February 2022.

Equity 448

Equity Investor Technology Residential 448

Housing Wire

APRIL 16, 2024

Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As

Equity 459

Equity Investor Technology Industrial 459

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. billion, according to a review of bond-rating and industry reports.

Equity 448

Equity Purchase and sale agreement Marketing Lending 448

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. Auction.com has long been a leading platform for bank-owned (REO) and foreclosure sales to real estate investors and others seeking a discount.

Proof of funds 370

Proof of funds Equity Technology Banks 370

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.

Equity 345

Equity Loans Finance Investor 345

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

Equity 447

Equity Marketing Loans Investor 447

Housing Wire

JANUARY 22, 2025

The $15 million investment announced Wednesday from private equity firm LL Funds will help Evernest build a home services platform focused on rental property owners. LL Funds also served as one of Poplar’s investors since the company’s debut in 2014, according to Evernest.

Property Management 396

Property Management Investor Lending Renovation 396

Housing Wire

SEPTEMBER 17, 2024

Global investment firm Carlyle has agreed to purchase up to $300 million of equity sharing home loans from home equity solutions provider Unison. The product, which rolled out on Tuesday, combines the features of traditional mortgage financing and emerging home equity investment (HEI) options. Unison has more than $1.8

Equity 434

Equity Loans Finance Mortgages 434

Housing Wire

FEBRUARY 13, 2024

Boston-based fintech company Hometap has deployed more than $1 billion in home equity investment (HEI) products since its launch in 2017, the company announced on Tuesday. homeowners with outstanding mortgages, or some 63% of all homes, equity tied up in real estate jumped by 6.8%

Equity 428

Equity Renovation Loans Investor 428

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?

Loans 343

Loans Mortgages Equity Construction 343

Housing Wire

APRIL 1, 2024

“What if homeowners could tap into home equity without taking on debt?” Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. Hometap is among a handful of companies — including Unison , Unlock , Point and Aspire — that offer home equity investments.

Equity 468

Equity Finance Purchase and sale agreement Investor 468

Housing Wire

AUGUST 16, 2024

housing market may have slowed during the second quarter of the year, investors did not take their foot off the gas. The number of home purchases by investors rose 3.4% While investors are still sensitive to mortgage rate changes, they are less sensitive than consumer buyers as 69% of investors pay in cash.

Investor 468

Investor Lending Equity Mortgages 468

Housing Wire

SEPTEMBER 25, 2024

The share of single-family homes sold to investors peaked at nearly 30% at the start of this year, but these types of transactions dropped significantly in the ensuing six months, according to a CoreLogic report released Wednesday. Investor purchases began to decline in March 2024 and by June represented 23.4% of all U.S. home sales.

Investor 476

Investor Sales Staging Equity 476

Housing Wire

MARCH 8, 2024

homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. Hometap, as an investor, provides cash in exchange for a share of their home’s future value.

Equity 463

Equity Marketing Investor Loans 463

Housing Wire

DECEMBER 4, 2024

But some existing homeowners and investors may feel differently as a trend of home equity growth was found across 45 states. Home equity solutions provider Unison released its 2024 Home Equity Report on Tuesdsay. ” Home equity also grew based on higher prices, reaching $35 trillion at the end of the second quarter.

Equity 397

Equity Investor Marketing Mortgages 397

Housing Wire

NOVEMBER 9, 2023

Redwood Trust and home equity fintech lender Point have closed on a $139 million bond secured by 1,577 home equity investment (HEI) contracts. While Americans sit on approximately $32 trillion in home equity , only 50% of homeowners can tap into that wealth. Nomura Securities International Inc.

Equity 435

Equity Finance Investor Technology 435

Housing Wire

JUNE 28, 2024

a provider of shared equity financing products, announced Thursday that it hired Paul Giangrande as a corporate executive vice president and president of its mortgage division. The products have gained traction due to interest from secondary market investors, who have purchased billions in securities over the past few years.

Equity 396

Equity Purchase and sale agreement Mortgages Finance 396

Housing Wire

JUNE 25, 2024

The executives now know that the private equity company buying the MLS was formed in January, Vincent said. “We When the management and board of REcolorado received the letter of intent (LOI) to buy REcolorado from the private equity firm, the terms had been redacted and it asked for details on the severance packages for Millman and Baker.

MLS 435

MLS Equity Sales Investor 435

Housing Wire

FEBRUARY 19, 2024

Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years.

Equity 468

Equity Purchase and sale agreement Loans Mortgages 468

Housing Wire

MARCH 25, 2025

With banks and conventional lenders having tighter lending requirements or less available capital, large investors, such as pension funds or private equity firms, that provide funding, see private lenders with proven success in real estate as reliable partners in a tight credit environment.

Lending 307

Lending Equity Banks Construction 307

Housing Wire

MARCH 29, 2023

The demand for home-equity loans, particularly home-equity lines of credit (HELOCs) as well as shared-equity investment products, is now stronger than at any time since before the global financial crisis some 15 years ago. Those 17 deals were backed by home-equity collateral valued in total at $3.9

Equity 397

Equity Lending Loans Banks 397

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.

Equity 459

Equity Inspection Technology Residential 459

Housing Wire

MARCH 7, 2024

And so [investors] can start having greater conviction in the future path of interest rates and in the health of the mortgage market.” The pool of non-QM borrowers includes real estate investors, fix-and-flippers, foreign nationals, business owners, gig economy workers and the self-employed.

Investor 448

Investor As-is Commercial Equity 448

Housing Wire

MARCH 6, 2024

A group of investors led by the former U.S. Department of Treasury Secretary Steven Mnuchin’s private equity firm, Liberty Strategic Capital , will inject $1 billion in equity investment in struggling New York Community Bancorp (NYCB), one of the nation’s largest residential mortgage servicers.

Equity 443

Equity Mortgages Banks Commercial 443

Housing Wire

APRIL 17, 2025

The government put a lot of pressure on the GSEs to raise preferred equity capital months before they declared the entities effectively in need of conservatorship, Ackman said. Every sophisticated fixed-income investor will conclude that these are incredible the guarantee is rock solid. capital.

Pre-approval 538

Pre-approval Mortgages Equity Banks 538

Housing Wire

FEBRUARY 6, 2025

Rithm delivered strong and consistent performance in each of its core businesses, creating value for investors and shareholders. Newrez reported continued momentum for its home equity and non-QM loan products as originations were up 29% between the third and fourth quarters. In total, its funded loan volume jumped from $8.9

Loans 411

Loans Equity Principal Mortgages 411

Housing Wire

JANUARY 9, 2025

A reverse mortgage is a possibility for seniors with substantial equity in their homes, the column stated. It essentially enables you to borrow against your equity, and you aren’t required to make any payments while you’re still alive as long as you live in the house.

FHA loan 370

FHA loan Mortgages Equity Closing costs 370

Housing Wire

MARCH 21, 2025

the investment firm led by Fidelity National Financial (FNF) founder and Chairman William Foley II, is facing accusations of poor governance and a lack of strategic focus from activist investor Carronade Capital Management. Carronade was founded by investor Dan Gropper. Cannae Holdings Inc., The firm holds 2.9 The firm holds 2.9

Investor 317

Investor Equity Staging As-is 317

Housing Wire

APRIL 23, 2025

The performance was at the high end of investor guidance due to a slower-than-expected prepayment rate and lower amortization. Executives said Mr. Cooper sees momentum in home equity loans and cash-out refinances, which have massive long-term growth potential regardless of the interest rate environment, they say.

VA loan 362

VA loan Equity Loans Mortgages 362