Investor Purchase and sale agreement Technology 
Housing Wire
APRIL 1, 2024
In return, Hometap gets an agreed-upon percentage of the sale price or appraised value within a 10-year period. Fintechs involved in homeownership investments have been around for nearly two decades, but it wasn’t until recently that a handful of them have been backed by big investors seeking to take the HEI product mainstream.
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.
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Housing Wire
AUGUST 12, 2022
Fannie Mae has launched its fourth reperforming-loan sale of the year — an offering of 6,130 loans with an unpaid principal balance of $997 million. The reperforming-loan sale is slated to close by late October 2022, after due-diligence period. The loan offering is being marketed with assistance from Citigroup Global Markets Inc.
Housing Wire
NOVEMBER 5, 2021
The purchase comes amid questions of whether iBuying is a viable business model following Zillow’s announcement Tuesday that the company is winding down its iBuying arm. But some investors see add on services including mortgage as a possible way for iBuyers to eventually turn a profit. Opendoor has $25.4
Housing Wire
SEPTEMBER 20, 2024
But for mortgage industry professionals hampered by fewer sales opportunities since the Fed’s streak of rate hikes began in March 2022, will this be the start of better days? Some real estate agents think interest rate cuts could be offset by a surge of demand that creates more bidding wars and higher sale prices.
Housing Wire
FEBRUARY 9, 2022
Whether you’re a seasoned real estate investor or a first-time homebuyer, it’s a big financial transaction. In what other industry is the preferred method of moving a large amount of money — say, the consideration for the home purchase — a cashier’s check or the wire? There’s really no experience quite like buying a home.
Housing Wire
AUGUST 24, 2023
At that time, the company was valued by its investors at $7.7 But Better’s debut came at a low point in the mortgage market, with mortgage rates at their highest levels in more than two decades and historically low levels of home sales. The agreement reduced SoftBank’s maximum commitment to $550 million.
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