Housing Wire

FEBRUARY 13, 2025

It also launched a new construction financing product for builders. The company reportedly originated $6.5 billion in loan volume last year, up 46% from 2023. Kiavi also said it boosted its active customer base to more than 5,500, up 30% from 2023. Kiavi has funded more than $23 billion in loans since its inception.

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Land Investor Principal New Construction 228

Housing Wire

JANUARY 15, 2021

This is the fifth financing facility for the online lender, having closed nearly $1.5 Wall Street partners in financing facilities include Jefferies , other banks and funds and now JPMorgan Chase. The post Figure Lending lands $100M funding facility appeared first on HousingWire. billion across these deals.

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Lending Land Loans Technology 372

Housing Wire

DECEMBER 20, 2024

In 1925, the state Legislature passed the New Hampshire Zoning Enabling Act , which gave municipalities the right to zone their own land. That is a lot of land, and it is a significant contributor to the cost of building new housing, said Bob Quinn, CEO of the New Hampshire Association of Realtors (NHAR).

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Construction Land Development New Construction 434

Housing Wire

MAY 13, 2024

Rocket will also provide fair lending training to its employees and improve outreach regarding the financing options available for properties within the boundaries of Native American reservations. Rocket Companies , the lender’s parent company, had 14,700 employees based in the United States and Canada as of December 31, 2023.

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Lending Land Principal Finance 441

Housing Wire

APRIL 15, 2025

9, 2025, require title insurance companies to identify the true, natural owners behind shell companies involved in non-financed residential property purchases. The renewed orders, which are effective Tuesday and run through Oct. These orders continue to yield vital insights into how bad actors exploit the U.S.

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Title Land Residential Finance 323

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 363

Residential Lending Finance Banks 363

The Close

NOVEMBER 12, 2024

Buying vacant land can be a wise investment with great returns if you plan carefully and understand what’s involved. While land can be a relatively cheap and low-effort investment compared to a house, making money from it might be trickier. Check access: Make sure you have legal access to the land. Let’s get into it!

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Land Investor Finance Development 98

The Close

NOVEMBER 26, 2024

Stabilize & Season Your Current Rental Property If you plan to finance multiple rental properties, start by stabilizing your current one. Also, be aware that some lenders have a “seasoning period,” essentially how long you’ve owned or financed the property. Let’s break it down into six easy steps.

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Finance Equity MLS Loans 98

Housing Wire

AUGUST 13, 2024

In these contracts – also known as “land contracts” or “bond for deed” –the seller retains the legal title to a home until the borrower completes all the payments, leading to some “traps,” according to the CFPB. Mancini – who is testifying during a CFPB field hearing on land contracts on Tuesday in St. among subprime loans.

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Mortgages Land Lending Finance 482

Housing Wire

MARCH 4, 2025

The only state that is an outlier at the moment is Connecticut, where they excluded real estate finance transactions. The 45 states that have done so, do not suggest that there is a patchwork of state laws. The reality is quite the opposite.

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Title Technology Industrial Development 405

Housing Wire

DECEMBER 14, 2023

The government sponsored entities is part of its Equitable Housing Finance Plans , which are required by their regulator Federal Housing Finance Agency (FHFA). The initial version of the GSE’s Equitable Housing Finance Plans were approved in the summer of 2022 by the FHFA.

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Title Land Finance Loans 466

Housing Wire

FEBRUARY 7, 2024

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system. mortgage finance system.

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Land lease Land Lending Finance 459

Housing Wire

JULY 14, 2022

Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. Another area of focus for the administration is improving its financing for manufactured housing.

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Land Title Finance Renovation 397

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. ” .

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Mortgages FHA loan Loan Officer Construction 508

Housing Wire

NOVEMBER 4, 2024

NAR data shows that the annualized rate of existing-home sales dropped 1% from August to September, landing at 3.84 This indicates that buyers and sellers alike are showing signs of frustration in waiting for rates to fall. million units. The sales pace was down 3.5% year over year.

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As-is Marketing Construction New Construction 370

Housing Wire

JULY 16, 2024

The president called for the Federal Housing Finance Agency (FHFA) to apply protections for renters of multifamily units financed by loans acquired by the agency. BLM is also considering purchasing another 562 acres of public land in Southern Nevada and another 26,000 acres in the Las Vegas Valley.

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New Construction Construction Land Development 488

Housing Wire

SEPTEMBER 10, 2024

DDAs are areas with high construction , land and utility costs when compared to an area’s median gross income (AMGI). Other variations of the data are also available at a dedicated landing page. The parameters were published in the Federal Register on Monday.

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Land Development Design Construction 459

Housing Wire

JANUARY 5, 2021

In fact, most manufactured homes, once placed on land, are never moved. Excluding land cost, the average price of a manufactured home today is $49 per square foot , compared with $107 for site-built homes. . The newest generation of manufactured homes has moved far beyond the double-wides and trailers of yesterday.

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Land Finance Design As-is 518

Housing Wire

MARCH 28, 2024

The result is that safe and affordable financing is out of reach for tens of thousands of credit-ready homebuyers looking to purchase a manufactured home. Demand for home-only financing is strong; in 2019, there were more than 200,000 home-only loan applications. Yet help might be on the way.

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Title Finance Loans Lending 476

Housing Wire

NOVEMBER 2, 2022

Rocket Mortgage is now offering a conventional loan option for buyers who want to purchase or refinance a manufactured home, which expands the home financing options in a rapidly shrinking industry. Manufactured homes are built at indoor homebuilding facilities and then delivered to the land chosen by the owner.

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Loans Mortgages Land Finance 418

Housing Wire

JUNE 7, 2023

The program aims to provide affordable financing options for single-family properties on tribal lands found in rural areas of the nation. Through this collaboration, we can help create more affordable mortgage options in tribal lands and rural areas.” We look forward to making HeritageOne widespread in tribal lands.”

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Land Finance Development Loans 370

Housing Wire

MARCH 19, 2021

. “We believe LEN has built a unique niche within the industry by combining a production homebuilding model with land development expertise and deep local market share,” analysts from BTIG wrote in a note on Thursday. bln in owned land will be included in the new company. ” The spin-off.

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Land Development Equity Construction 529

Housing Wire

NOVEMBER 28, 2023

compared to the current limit of $726,200 , the Federal Housing Finance Agency (FHFA) announced Tuesday. The conforming loan limit increase will help buyers more easily finance one-unit homes at the higher end of the price scale. Conforming loan limits are increasing at a slower pace, mirroring home prices, overall.

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Loans Finance Mortgages Land 534

Housing Wire

OCTOBER 11, 2023

When Thaddeus, the American Land Title Association’s eagle mascot, landed in Colorado Spring at The Broadmoor Hotel after a month-long virtual journey across the country from Washington, D.C., he did so with a new look. Our power and our influence are alive and well in Washington, D.C.,” Rattikin said to raucous applause.

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Title Land Branding Industrial 448

Housing Wire

MARCH 8, 2024

Despite the protests of the title insurance industry, Fitch Ratings does not believe the lender title insurance waiver pilot program for certain refinance transactions announced by the Federal Housing Finance Agency (FHFA) on Thursday will have an impact on title insurer ratings.

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Title Industrial Land Closing costs 459

Housing Wire

APRIL 1, 2024

Recorded in property records since 2018, right-to-list agreements can be misleading in many instances, and they can create “impediments and increase the cost and complexity of transferring or financing real estate in the future,” according to a news release from the American Land Title Association (ALTA), which supports the legislation.

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Title Bankruptcy Land Finance 448

Housing Wire

AUGUST 13, 2024

Influential housing nonprofit Enterprise Community Partners this week submitted a comment letter to the Federal Housing Finance Agency (FHFA) regarding the Duty to Serve (DTS) plans submitted by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.

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Finance Development Land Loans 448

Housing Wire

NOVEMBER 29, 2023

A home that is inherited from a family member without a will, also known as heirs’ property, can present serious challenges to families if new ownership has not been updated in land records. Heirs also may not be able to reap the economic benefits of homeownership and build generational wealth if they cannot finance and transfer the property.

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Title Industrial Land Finance 459

Housing Wire

JANUARY 6, 2022

But according to the Federal Housing Finance Agency , which has oversight power over Fannie and Freddie, the GSE’s must go back to the drawing board when it comes to their 2022-2024 Duty to Serve plan. The proposals, they wrote in a letter, did not meet the “spirit or the letter” of the Duty to Serve regulation.

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Land Loans Title Lending 526

Housing Wire

JUNE 28, 2024

The Federal Housing Finance Agency (FHFA) on Thursday named the inaugural members of its newly created advisory committee on affordable, equitable and sustainable housing.

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Lending Principal Finance Land 418

Housing Wire

AUGUST 3, 2023

Those include material shortages (such as a current lack of electrical transformers and the volatility of wood pricing) as well as shortages of skilled labor , zoning restrictions and available land. How are you going to build millions of homes if you can’t get the financing to develop the lots in the first place?” billion to $1.8

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Land Construction Development Finance 370

Housing Wire

NOVEMBER 1, 2024

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. This course covers real estate law, contracts, finance and ethics. With that in mind, it’s a good practice to interview multiple brokerages before deciding where to land.

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Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

AUGUST 14, 2023

The American Land Title Association (ALTA) is celebrating a huge win in its ongoing war against title insurance alternatives. The pilot program was said to have been a component of the government sponsored entities’ (GSEs) Equitable Housing Finance Plans , which are required by their regulator Federal Housing Finance Agency (FHFA).

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Title Closing costs Finance Land 370

Housing Wire

MAY 1, 2024

billion in title insurance premiums, a 31% annual drop, according to the American Land Title Association’s Market Share Analysis , released Tuesday. Rounding out the top 10 for Q3 2023 were Westcor Land Title Insurance Co. Commonwealth Land Title Insurance Co. In 2023, the title insurance industry generated $15.1

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Title Land Industrial Mortgages 458

Housing Wire

SEPTEMBER 4, 2024

She said that the city aims to get “its house in order” and is expanding its housing grant programs to disburse $5 million for the purposes of buying land and building affordable homes. The council has begun exploring the establishment of new tax increment financing districts in these areas.

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Construction New Construction Finance Land 448

Housing Wire

MARCH 5, 2024

The third provision is an extension of the support from the Federal Financing Bank (FFB) for “a risk-sharing initiative between the U.S. Department of Housing and Urban Development (HUD) and state and local housing finance agencies,” according to the announcement.

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Construction Finance Land Design 493

Housing Wire

JUNE 21, 2024

Since making headlines for the first time roughly 18 months ago, right-to-list agreements — also known as Non-Title Recorded Agreements for Personal Service (NTRAPS) — have been banned in 30 states, according to an announcement from the American Land Title Association (ALTA).

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Title Bankruptcy Land Equity 395