Sumit Sasidharan joins Angel Oak as its new Head of Commercial Real Estate, where he will lead the firm’s CRE platform, focusing on growing, managing, and expanding the firm’s permanent and bridge-loan financing solutions.
Read More »Sen. Warren Targets Affordable Housing Issues
In a recent speech before the New England Council, Sen. Elizabeth Warren calls for big national investment to lower housing costs nationwide, while fortifying protections for both renters and families.
Read More »Investor Home-Purchasing Slows in Q4
The share of homes investors are purchasing is slowing, with some cities seeing activity decrease by more than 60%.
Read More »2022 Home Sale Profits Top 50%
“It seems pretty likely that home seller profits peaked for this cycle in 2022,” said Rick Sharga, EVP of Market Intelligence at ATTOM.
Read More »HUD Examines Institutional Investor Impact on Housing Market
HUD’s Office of Policy Development & Research held its quarterly meeting to discuss the increase in activity by large institutional investors who oversee more than 1,000 properties in HUD’s portfolio.
Read More »What Impact Do Investors Have on the Housing Market?
Citing recent data from First American Data & Analytics, investor purchases of residential homes as rental properties as a share of all residential home sales, have increased sharply over the course of the last year. This number has risen from ...
Read More »Who Is Bidding at Foreclosure Auctions?
Most foreclosure buyers are local community developers renovating and reselling to owner-occupants. Daren Blomquist of Auction.com examines this market segment and others taking part in home auctions nationwide.
Read More »What Lies Ahead for Investors in the Single-Family Rental Market?
DS News recently spoke with Gary Beasley, CEO of co-founder of Roofstock Investing, about how the SFR landscape has changed—and what lies ahead for the industry.
Read More »Home Value Forecast Examines Criteria for Institutional Investor Purchases
The single-family REO-to-rental market is being consolidated seven years after the crash as some investors are still looking to profit, while others are taking advantage of economies of scale. ProTeck concluded there will always be a need for rental properties, and there will always be a need for investors to purchase those properties.
Read More »Investors Revive Suit Against U.S. Bank in State Court Over $743 Billion Worth of RMBS
The claims that were revived in the state court involved 794 private-label residential mortgage-backed securities that were securitized during a three-year period immediately prior to the financial crisis (2004 to 2007). According to reports, at the time of securitization, the trusts were worth about $743.8 billion. The investors are accusing the Minneapolis-based bank, as a trustee for the securities, of ignoring defects in the loans and failing to take action, which subsequently caused investors to lose billions of dollars in the aftermath of the crisis.
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