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Kiavi lands another $300M in its latest RTL securitization

Housing Wire

The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans. This move follows Kiavi’s recent expansion announcement , in which it shared plans to offer its products in 13 new states. The company reportedly originated $6.5

Land 219
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Mortgage rates might soar even higher

Housing Wire

We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. “We do not see new construction returning in a meaningful way any time soon. Our macro-outlook is that demand for housing will remain out of balance with supply for the mid to long term.

Mortgages 448
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Ginnie Mae announces expansion of ESG MBS label to single-family pools

Housing Wire

That record provides pool-level aggregate information about the extent of loans and unpaid principal balance (UPB) dollars that are in low- and moderate-income areas, with a chart illustrating the percentage of loans, percentage of UPB of ESG-flagged pools and/or loans and totals of the total portfolio over the last 12 months.

Principal 434
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Rocket has a profitable quarter and a new CEO

Housing Wire

Rocket’s share of the purchase business jumped to 55% in the first three months of 2023, according to data from Inside Mortgage Finance (IMF). million loans service, with approximately $500 billion in unpaid principal balance. Purchase volume in the first quarter came in at $9.4 billion, ranking third in the IMF’s rankings.

Loans 370
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Rate buydowns are the cat’s meow in today’s market

Housing Wire

FBC Mortgage recorded originations of about $8 billion in 2022, including its joint venture volume, Nunziata said, adding that about 70% of that volume “was new construction.” Most of the temporary rate buydowns offered through FBC are paid for by builders, he said. “We

Marketing 435
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Ryan Serhant talks life after Netflix and brokerages in a post-settlement world

Housing Wire

We typically don’t take principal agents who’ve been in the business for less than five years, but we’re always open to conversations. JA: We are in a brave new world as of Aug. 17 with the new rules related to the NAR settlement taking effect. You know, things move fast these days.

Brokerage 431
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad.

Agents 435