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Private equity and insurance companies piling into residential mortgages

Housing Wire

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. The current stress in the CRE and C&I loan markets further highlights the advantages of residential mortgages.

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Banks report tightened lending standards for nearly all residential mortgages: Fed survey

Housing Wire

Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. banks said they saw weaker demand for all types of residential real estate loans except for government (46.2%) and subprime mortgage loans (41.6%).

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Bain Capital gains majority stake in residential investment lender Archwest Capital

Housing Wire

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. housing stock,” David DePrez, managing director for Bain Capital, said in prepared remarks. “We

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Opinion: An assessment of residential real estate and AI

Housing Wire

For the sake of simplicity, I will keep my comments restricted to residential real estate in the US. To some, any suggestion that AI is anything but liberatory is heresy. But the track record suggests that, indeed, it is simply a statement of truth.

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Highlands Residential Mortgage hires Daniel McCoy as regional construction loan manager

Housing Wire

Highlands Residential Mortgage announced that Daniel McCoy is joining the company as a regional construction loan manager for the Southeast. Highlands Residential Mortgage is a retail lender based in Allen, Texas. Experience.com ranked Highlands Residential as the No. The lender has more than 40 branches in 16 states.

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Mortgage rates fall after remarks by Fed President Waller

Housing Wire

Residential construction workers are at risk of facing job losses for the first time in this recovery yet the Fed often takes a hawkish stance in its statements at key points, which tends to drive mortgage rates higher. It’s not booming. It’s not falling.” However, we know that this is unlikely to happen.

Mortgages 493
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The homebuilders’ 2025 supply and demand problem

Housing Wire

Is 2025 the first year we start losing residential construction jobs? Earlier this year, mortgage rates were trending at 7.50%; during that time, we received one negative monthly residential construction labor report. As mortgage rates keep increasing along with supply, this doesnt bode well for housing starts growing meaningfully.