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

AUGUST 7, 2024

Single-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as mortgage rates cool and home-price growth subsides. Since it can’t be delivered by the builders , these small investors are really filling that gap by finding this vacant inventory.”

Investor 459

Investor Marketing As-is Mortgages 459

Housing Wire

OCTOBER 10, 2024

Compass has a new head of investor relations. On Wednesday, the brokerage firm announced that it has appointed Soham Bohnsle to lead its investor relations division. “His expertise will be fundamental in effectively communicating the Compass story to our investor base and ensuring confidence in our long-term strategy.”

Investor 426

Investor Brokerage Agents As-is 426

Housing Wire

SEPTEMBER 25, 2024

Foreign investors can help fill the buyer gap Florida remains the top destination for foreign buyers, with 20% of all foreign buyers purchasing in the state, according to the 2024 NAR report. This is an interesting statistic to watch because foreign investors face different barriers to buying than their domestic counterparts.

Investor 448

Investor New Construction Construction Residential 448

Housing Wire

MARCH 20, 2024

The opposite trajectories of their stock prices seem to reflect investor appetites for their different business models. Last December, Zillow netted 105 million unique visitors, according to Comscore data cited in Zillow’s investor materials. Zillow For years, Zillow has dominated online home listings.

Investor 480

Investor Residential Agents MLS 480

Housing Wire

AUGUST 2, 2024

Santa Ana, California-based mortgage services and data firm Consolidated Analytics announced on Friday that it has acquired the assets of investor claims and loss-analysis company Investor Claim Solutions (ICS). Consolidated Analytics is a private company and terms were not disclosed. Department of Veterans Affairs (VA), U.S.

Investor 433

Investor Mortgages Technology Loans 433

Housing Wire

AUGUST 15, 2024

Swiss bank UBS Group AG has decided to sell Credit Suisse ’s mortgage servicing company, Select Portfolio Servicing (SPS), to a group of investors led by Sixth Street , HousingWire has learned. Investment firm Davidson Kempner Capital Management is a co-investor.

Investor 474

Investor Mortgages Banks Principal 474

Housing Wire

OCTOBER 3, 2024

The Midwest and Northeast regions seem to be the new hot spots for real estate investors. 1 spot among the best destinations for real estate investors this year. This trend signified a strong market for investors with little to no turnover among tenants. Dayton, Ohio, holds the No.

Investor 425

Investor Marketing Finance 425

Housing Wire

AUGUST 13, 2024

Kiavi , a San Francisco-based lender for residential real estate investors , announced on Tuesday the closing of a $400 million rated securitization of residential transition loans (RTLs) in an “oversubscribed” transaction. billion in 2024 alone.

Investor 444

Investor Principal Mortgages Residential 444

Housing Wire

JULY 9, 2024

Over a quarter (26%) of retired investors continue to pay off their mortgage, and precisely one-quarter of the cohort are continuing to pay down credit card debt, according to a new survey from the Nationwide Retirement Institute. But such investors are also taking further action to shore up their retirement stability.

Investor 425

Investor Mortgages Development As-is 425

Housing Wire

NOVEMBER 14, 2024

To get a better idea of what investors might be most closely interested in with these results, along with the outlook for these companies and the industry, HousingWire ’s Reverse Mortgage Daily (RMD) sat down with UBS equity research analyst Douglas Harter. They also mentioned the proprietary product suite at their company as a bright spot.

Investor 367

Investor Mortgages Bankruptcy Equity 367

Housing Wire

DECEMBER 15, 2024

Fix-and-flip investors took a hit in the third quarter of 2024 as flipped properties accounted for a smaller share of U.S. Short-term real estate investors saw a 28.7% Investor profits ramped down during the same time frame and now stand at roughly half of the mid-50% market peak in 2016. The Q3 2024 U.S. That represented 7.2%

Investor 329

Investor Marketing Renovation Sales 329

Housing Wire

DECEMBER 20, 2024

Real estate investors tend to be more insulated from these dynamics, particularly from mortgage rates, as they are more likely to buy properties with cash. But even investors have purchased fewer homes this year. Investor purchases at the national level peaked in June 2021 at 148,670. compared to September 2023.

Investor 236

Investor Marketing Sales Mortgages 236

Housing Wire

NOVEMBER 15, 2024

Chrissi Callaghan Rhea, co-founder of Mortgage Investors Group and member of the Mortgage Bankers Association (MBA) board of directors, died on Nov. Starting Mortgage Investors Group with a handful of people in 1989, she built it into one of the Southeast’s leading mortgage lenders, all while championing fair lending and affordable housing.”

Investor 366

Investor Mortgages Loan Officer Lending 366

Housing Wire

OCTOBER 25, 2024

In this HousingWire Executive Conversation, Tom Davis, Chief Sales Officer at Deephaven , discusses the opportunities in the non-QM investor loan space as we head into the new year. Tom Davis: Investor transactions are still close to 28% of the overall purchase market. Many investors prefer to close in the name of an LLC.

Investor 448

Investor New Construction Construction Loans 448

Housing Wire

AUGUST 26, 2024

EPOs are intended to guarantee a minimum return for the investor or mortgage aggregator if a loan is paid off in the first few months. Each investor has their own time frame for EPO fees, but they generally range from three to six months. Lenders should negotiate what the EPO penalties will be and how they will be enforced.

Purchase and sale agreement 466

Purchase and sale agreement Investor Loans VA loan 466

Housing Wire

JULY 11, 2024

Rocktop — a software-as-a-service (SaaS) company that works to improve yields for institutional investors , asset managers and other participants in the fixed-income and mortgage markets — has now placed more than $60 billion in unpaid principal balance (UPB) on its data management platform. billion in UPB. “The

Due diligence 435

Due diligence Mortgages Investor Technology 435

Housing Wire

MAY 21, 2024

This increased demand is resulting in tighter credit spreads for private label, non-QM RMBS securitizations; increased prices for a broad range of mortgage loans including seconds, home equity agreements, bridge loans, and alternative documentation loans; and strategic transactions between investors and originators.

Residential 487

Residential Equity Mortgages Purchase and sale agreement 487

Housing Wire

MAY 21, 2024

“It’s oddly enough in states where people are leaving,” said Florida-based real estate investor Paul Lizell of the markets where he is more focused on acquiring investment properties in 2024. Tritt, who owns Tritt Realty , said he recently talked to another local investor who purchased a property at foreclosure auction.

Marketing 476

Marketing Investor Renovation Land 476

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 467

Equity Investor Residential Finance 467

Housing Wire

MARCH 22, 2024

Of the 65,656 homes flipped in fourth-quarter 2023, there were a total of 52,701 investors involved, translating to a ratio of 1.25 flips per investor. Whether the overall market has soared or seen just modest gains in recent years, investors have missed out on the action,” Barber said. For comparison, ROI was 28.1%

Investor 511

Investor Sales Closing Marketing 511

Housing Wire

MARCH 20, 2024

During Wednesday’s press conference, investors will focus on whether officials still project three cuts this year, or only two, as policymakers unveil their latest interest rate and economic projections for the first time since December. Investors will also hunt for clues over whether a June rate cut is still a reasonable best-case scenario.

Investor 482

Investor Banks Mortgages As-is 482

Housing Wire

APRIL 24, 2024

rental sector has benefitted most landlords in this country, from larger multifamily investors to smaller mom-and-pop owners. Individual investors own about 70% of rental properties in the U.S., housing market, generally offering more affordable options while providing investors with a stable income stream. according to U.S.

Marketing 476

Marketing Investor Technology Industrial 476

Housing Wire

SEPTEMBER 5, 2024

Katz discusses the contributing factors leading to higher occupancy rates in BTR properties, the advantages of BTR financing solutions for investors, and their long-term growth potential. He also offers valuable insights into the appeal of BTR communities and emerging markets to watch closely. We are short millions of homes.

Marketing 473

Marketing Construction Investor Finance 473

Housing Wire

JULY 18, 2024

launched on Wednesday to serve international investors in U.S. Investors can partner with a real estate agent , mortgage broker or turnkey provider to locate a property of their choice. bank account is also created to help the investor manage the property remotely, including through fast currency exchange capabilities.

Finance 431

Finance Investor Banks Residential 431

Housing Wire

JULY 15, 2024

On Thursday, the firm announced the return of former vice president of investor and public relations, Richard Simonelli, after five years away from the firm, along with the promotion of Cyndi Eakin to chief accounting officer. Simonelli is returning as CoStar’s new head of investor relations.

Investor 434

Investor Finance Residential Industrial 434

Housing Wire

APRIL 23, 2024

Retirement investors can now trust that their investment advice provider is working in their best interest and helping to make unbiased decisions,” she said. Retirement investors are best protected by a uniform and protective framework.”

Investor 449

Investor Lending Mortgages Design 449

Housing Wire

AUGUST 26, 2024

million in 15 funding rounds with 25 investors since its inception in 2012. Its other investors include Group 11 , Crosslink Capital , Bullpen Capital , Montage Ventures , Citi Ventures and Google Ventures. Zeev Ventures , an early-stage venture fund, led the Series D extension, and was joined by Stereo Capital and Menlo Ventures.

Equity 471

Equity Loan Officer Lending Investor 471

Housing Wire

DECEMBER 9, 2024

In February 2024, the company closed a $28 million Series D funding round from new and existing investors, including Gaingels , Moderne Ventures , QED Investors and Zillow co-founder Spencer Rascoff. Jared Kessler founded the fintech in 2016 and has since raised money from several venture capital firms. In 2018, the company raised $3.5

Equity 367

Equity Investor Residential Closing 367

Housing Wire

JULY 8, 2024

Global asset manager Bain Capital announced Monday that it has acquired a controlling stake in Archwest Capital , a California -based company that offers financing to residential real estate investors. The firm is also a major investor in Hometap , one of the larger players in the home equity investment space.

Residential 434

Residential Lending Finance Investor 434

Housing Wire

JUNE 20, 2024

“We expect the Reverse Stock Split to increase the per-share trading price of our Class A Common Stock back above $1.00, and as a result, we also believe that the Reverse Stock Split may make our Class A Common Stock more attractive to a broader range of institutional and other investors, as we have been advised that the current per share trading price (..)

Finance 457

Finance Investor Mortgages Equity 457

Housing Wire

DECEMBER 13, 2024

Mortgage loan buybacks, often referred to as repurchases, occur when a loan sold to an investor or GSE fails to meet the agreed-upon underwriting, legal, or regulatory standards. Loan buybacks also harm investors by introducing volatility and diminishing returns. Documentation issues : Missing or inadequate documentation.

Pre-approval 340

Pre-approval Investor Loans Technology 340

Housing Wire

OCTOBER 25, 2024

Mortgage technology startup Novaprime is making its public debut with the launch of an AI-powered loan platform that it claims allows lenders to sell loans to investors in just days, instead of weeks, all with a high degree of accuracy. Novaprime is starting with post-close quality control functions and working backwards. That adds up.

Loans 430

Loans Investor Closing Lending 430

Housing Wire

OCTOBER 28, 2024

Optimal Blue on Monday announced three major product releases — the expansion of its artificial intelligence (AI) assistant suite, the introduction of Scenario Optimizer, and the free availability of Investor Pricing Insight to investor clients. ” The announcements were made at MBA Annual in Denver. .”

Loan Officer 417

Loan Officer Investor Loans Mortgages 417

Housing Wire

AUGUST 26, 2024

While the market for investors purchasing new homes has been slow, mom-and-pop buyers are surprisingly at the top, according to recent research by John Burns Research & Consulting. As the U.S.

Marketing 459

Marketing Investor Construction Development 459

Housing Wire

MAY 30, 2024

Notably, this transaction is the first HEI securitization in which higher-risk, BB-rated securities were sold, reflecting strong investor demand as the deal was oversubscribed. This has broadened the investor base to include insurance companies and money managers seeking new investment-grade securities.

Closing 442

Closing Equity Investor Finance 442

Housing Wire

JULY 30, 2024

On Monday, the mortgage lender and servicer said that its debt offering to qualified investors through subsidiary Nationstar Mortgage Holdings will bear an annual interest rate of 6.5% The senior notes, also issued to qualified investors, mature in 2032 and bear interest at 7.125% per year, paid semiannually.

Principal 482

Principal Investor Banks Mortgages 482