Housing Wire

AUGUST 9, 2021

If you were standing on a stage giving an acceptance speech, who would you want to thank for helping you get where you are today? The post Freddie Mac’s Pam Perry: Addressing racial equity in housing appeared first on HousingWire. Brena Nath: First off, congrats on being named a 2021 Women of Influence. Become a member today.

Equity 397

Equity Staging Mortgages Industrial 397

Housing Wire

NOVEMBER 12, 2024

Prior to Haven, Wallace served as the general manager of lending at Figure Technologies — a leading nonbank home equity line of credit lender — and as CEO of FirstKey Mortgage. I’m excited to join the MAXEX leadership team at this critical growth stage,” he added. “The U.S. MAXEX is based in Atlanta.

Technology 370

Technology Finance Mortgages Lending 370

Housing Wire

NOVEMBER 27, 2024

During the Great Recession, I had the opportunity and duty to work with thousands of families that had aspired to homeownership, but found themselves in varying stages of the default process. If there is any segment of our economy that understands aspiration, it’s us. They are now a homeowner.

Equity 397

Equity Mortgages Industrial Closing costs 397

Housing Wire

SEPTEMBER 28, 2023

mortgage delinquencies remained near a record low in July, with the share of homes entering that status or progressing to later stages either unchanged or lower,” said Molly Boesel, principal economist for CoreLogic , in a news release. On home equity , Boesel noted that home-price growth should pick up over the next year.

Mortgages 468

Mortgages Staging Equity Principal 468

Housing Wire

AUGUST 26, 2024

Zeev Ventures , an early-stage venture fund, led the Series D extension, and was joined by Stereo Capital and Menlo Ventures. HousingWire reported that in June 2022, the company raised $115 million — $60 million in equity and $55 million in debt — while acquiring Denver-based lending startup Accept.inc. according to HomeLight.

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Equity Loan Officer Lending Investor 477

Housing Wire

FEBRUARY 16, 2023

Delinquency rates — which includes loans that are at least one payment past due but does not include loans in the foreclosure process — rose across all loan types and stages of delinquency. By stage, the 30-day delinquency rate increased 26 bps to 1.92% from the previous quarter. trillion — a 13% decline — over the past two quarters.

Mortgages 448

Mortgages Equity VA loan FHA loan 448

Housing Wire

APRIL 26, 2024

The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. Early-stage delinquencies (mortgages 30 to 59 days past due), accounted for 1.5% home equity , which was up by $1.3 of all mortgages in February, up 10 basis points year over year. percentage points.

Mortgages 499

Mortgages Staging Principal Loans 499

Housing Wire

MAY 22, 2024

These include requiring “clear, meaningful” notice at each stage of the tax foreclosure process; ensuring both owners and inheritors of ownership receive notice of foreclosure stages; creating alternatives to tax-initiated sales; and making redemption costs both “affordable and accessible.” In 2023, the U.S.

Staging 458

Staging Equity Title Land 458

Housing Wire

DECEMBER 16, 2022

Homeowners have gained housing equity in their homes consistently as home prices have risen. The typical owner who has owned their home a decade has $210,000 in housing equity. That equity could certainly make a move easier, but they may be unwilling to budge.

VA loan 497

VA loan Staging Equity Mortgages 497

Housing Wire

OCTOBER 5, 2020

That said, a chasm has widened between early stage delinquencies, which dropped 9% in August, and serious delinquencies, which saw a 5% gain in the same month. Nearly 45 million homeowners report tappable equity in their homes, the largest volume ever at nearly $125k – an increase of more than $3,200 from last year.

Mortgages 476

Mortgages Equity Staging Loans 476

Housing Wire

AUGUST 15, 2024

The MBA reported that mortgages in all stages of delinquency rose by 3 basis points (bps) on a quarterly basis but were 60 bps higher compared to Q2 2023. However, soaring home prices seem to continue and have spiked the value of homes across the nation, which boosts equity for homeowners at virtually every stage of paying off mortgages.

Mortgages 473

Mortgages VA loan FHA loan Staging 473

Housing Wire

NOVEMBER 9, 2021

Frank Martell, president and CEO of CoreLogic, said that fiscal and monetary stimulus are pushing home prices and equity to record levels, which “is driving down delinquencies and fueling a boom in cash-out refinancing transactions.” Early-stage delinquencies (30 to 59 days past due) went from 1.5% in the same period.

Mortgages 514

Mortgages Equity Loans Staging 514

Keeping Current Matters

AUGUST 18, 2022

Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life.

Equity 287

Equity Staging Marketing 287

Housing Wire

NOVEMBER 27, 2023

There are talks about a “leading company” potentially acquiring California -based Veev, but the negotiations remain in the very early stages, according to Calcalist. Reali , another proptech company founded by Heller and Avrahami, shut down in 2022 after raising more than $290 million in debt and equity funding.

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Bankruptcy Inspection Investor Staging 482

Housing Wire

JUNE 14, 2022

Other contributing factors to the decline were rising home prices and the resulting equity gains providing alternative options to those who may be coming out of forbearance or facing foreclosures, said CoreLogic’s report. . About 2.7% of all mortgages in the U.S. were delinquent in March, dropping 2.2 percentage points from the 4.9%

Mortgages 370

Mortgages Staging Principal Equity 370

Housing Wire

DECEMBER 9, 2020

Via Knock Nest, homeowners can request a no-obligation cash offer for their home, allowing them to pay off their mortgage and access equity in about two weeks if they qualify. Knock will purchase the home and rent it back to the (former) owners.

Sales 418

Sales Equity Staging Technology 418

Housing Wire

AUGUST 2, 2024

Private equity firm Exuma Capital Partners announced that it is the lead investor for a newly launched, AI-powered homeowner management tool called Property.com. Exuma believes that the platform will provide transformative change to every stage of homeownership. “My

Sales 448

Sales Staging Renovation Equity 448

Housing Wire

NOVEMBER 14, 2023

The increase was driven entirely by a rise in earliest-stage delinquencies – those 30-days and 60-days past due. Later-stage delinquencies – those 90 days or more past due – declined to the lowest level since the first quarter of 2020,” Marina Walsh, MBA’s vice president of industry analysis, said in a news release.

Mortgages 434

Mortgages Marketing Staging Loans 434

Housing Wire

OCTOBER 15, 2021

Roostify CEO and Co-founder, Rajesh Bhat, told FinLedger that RDI operates as an API microservice, so it can be integrated at any stage in the lending process that works for a lender, regardless of whether Roostify is part of the lender’s tech stack or not. What also sets it apart is that it’s already boosting FI scores,” Bhat said.

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Lending Staging Banks Equity 405

Housing Wire

FEBRUARY 3, 2023

And now, with the impact of inflation and looming economic uncertainty, home equity lines of credit (HELOCs) are an increasingly popular choice for those who are considering tapping into their home’s rising equity while protecting their existing, low mortgage rates. So, it’s imperative to speak with a lender.

Renovation 397

Renovation Fixed-rate mortgage Equity Finance 397

Housing Wire

OCTOBER 17, 2023

FinLocker and Milestones offer a multitude of useful tools that can benefit homebuyers during the pre and post-transaction stages, the companies said.

Staging 435

Staging Equity Mortgages Closing 435

Housing Wire

MAY 2, 2024

Housing forever : Boomers must secure housing that is safe and appropriate for aging, through all the stages of retirement. Today, boomers have approximately 13 trillion in available home equity. Boomers home equity will likely grow past 20 trillion by the end of this decade.

Equity 448

Equity Lending Staging Mortgages 448

Housing Wire

APRIL 19, 2022

RWT Horizons, according to the company’s announcement, “targets early and mid-stage companies that are transforming financial and real estate technology and that have the potential to enhance scale and efficiency of Redwood’s businesses.”. Vesta Equity , another blockchain-enabled marketplace for tokenized home-equity investments. “As

Equity 397

Equity Technology Investor Residential 397

Housing Wire

FEBRUARY 12, 2024

The fact that year-over-year loan volume is no longer in the red is a powerful early sign that the industry recovery is at its early stages,” John Paasonen, co-founder and CEO of Maxwell, said in the report. And it marks the first year-over-year loan growth for any three-month period since Q1 2022.

Mortgages 497

Mortgages Lending Loans Equity 497

Housing Wire

APRIL 18, 2023

MISMO , the real estate finance industry’s standards organization and a subsidiary of the Mortgage Bankers Association , plans to launch a working group that will create standards for Electronic Home Equity Lines of Credit (eHELOC). Overall, HELOCS accounted for 20.7% of all loans in the fourth quarter of 2022, nearly five times the 4.6%

Equity 363

Equity Lending Finance Loans 363

Housing Wire

NOVEMBER 9, 2020

.” Cohn added that many lenders are following similar paths during the pandemic: raising maximum credit score requirements, lowering maximum loan amounts, requiring more cash reserves, and even limiting or eliminating home equity loans. In March, HousingWire asked the question “Did non-QM just disappear from the market?”

Loans 534

Loans Lending Mortgages Staging 534

Housing Wire

JUNE 2, 2021

This was just one month after Volly announced an $11 million Series B growth equity round led by Camden Partners and backed by existing investor, New Capital Partners. The initiative was originally launched by Flagstar to guide late-stage mortgage tech startups in an effort to evaluate the viability of future investments and partnerships.

Mortgages 457

Mortgages Technology Lending Staging 457

Housing Wire

APRIL 29, 2024

While Finance of America Companies (FOA) President Kristen Sieffert was the biggest reverse mortgage industry representative to take the stage at the event, other lending professionals who are active in the reverse mortgage business also spoke about why they’re involved in the space and what they believe it can do for their companies going forward.

Mortgages 459

Mortgages Staging Lending Equity 459

Housing Wire

FEBRUARY 24, 2021

Borrowers also have the most equity available to them in history, and those with ample home equity could exit their home, if they needed to, with their credit intact and potentially some cash in hand. Because of their high loan-to-value ratios at origination, these borrowers are likely to have less home equity.

Mortgages 482

Mortgages Equity Loans Development 482

Housing Wire

SEPTEMBER 25, 2024

Bell, who has had a career in or near housing policy since 1976, has been involved with reverse mortgages in one way or another since the Home Equity Conversion Mortgage (HECM) program’s inception. NRMLA will continue to operate under the supervision and direction of its board of directors.

Equity 433

Equity Industrial Mortgages Development 433

Housing Wire

JANUARY 28, 2022

Even in Tulip mania, mid-stage investors made money, as long as they weren’t left holding the bag (or the flower) at the end. In fiscal 2021, Q2 alone, total house equity increased a whopping $2.9 In some states like California and Washington, 2021 saw the average equity per home increase over $100,000. The power of BNPL.

Equity 415

Equity Investor Staging As-is 415

Housing Wire

JUNE 20, 2023

Most of the 51 entries dedicated to HUD are in the “proposed rule stage,” the second of five stages involved in the process prior to full implementation and actual regulatory authority. Additionally, Mortgagees are currently assessed application and annual fees for each authorized branch […].

Staging 369

Staging Equity Loans Mortgages 369

Housing Wire

MAY 16, 2024

Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. A study commissioned by the U.S. per square foot, or 3.5 percent of the $223 per-square-foot average for homes.”

Loans 443

Loans Equity Principal Development 443

Housing Wire

AUGUST 29, 2024

The event had three segments: “creating,” “leveraging” and “securing” wealth through home equity. Over a three-hour period, each of the three sections was covered including the “securing your wealth” segment, where Hopkins was able to discuss the Home Equity Conversion Mortgage (HECM) program. What can we do with this?’

Finance 447

Finance Mortgages Equity Development 447

Housing Wire

JULY 13, 2022

On Wednesday morning, Rascoff’s 20-plus years of experience will shine on the HW Annual stage. Outside of his time in the board room, Rascoff is the host of “Office Hours,” a podcast featuring candid conversations between prominent executives on leadership, diversity equity and inclusion and startups.

Technology 414

Technology Staging Equity Brokerage 414

Housing Wire

JANUARY 2, 2024

New homes under contract When we look at all the homes in the contract pending stage, we’ve crossed a growth threshold there too, finally. It means that American homeowners gained equity in their already really strong financial position. There are now 258,000 single family homes in contract. more homes in contract now than a year ago.

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Marketing Staging Equity Sales 531

Housing Wire

SEPTEMBER 18, 2024

In addition to recently making a key operations hire in an effort to expand its capacity to originate and fund loans, market conditions — including an expanding Home Equity Conversion Mortgage (HECM) for Purchase market — present a unique opportunity for the company.

Loans 459

Loans New Construction Mortgages Lending 459