REI INK

Finance of America Sharpens Focus on Specialty Finance and Services Business, Plans to Discontinue Forward Mortgage Originations

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Strategic pivot aimed at enabling greater investment in high-growth business including reverse mortgages, home improvement & commercial loans, and lender services Finance of America Companies Inc. (the “Company” or “FOA”), a leading specialty finance solutions platform, announced its decision to discontinue the operations of its forward mortgage originations segment across both retail and wholesale channels by the end of the year. The Finance of America Strategy FOA was created to

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UNIN 19 Dylan | Overleveraged

Why It’s Dangerous To Be Overleveraged In Real Estate With Dylan Tanaka

  Leverage can be a good thing for your real estate business because it allows you to do a lot more than you can by simply using your own resources. But too much of a good thing can also be bad. As a new investor, you need to learn that you have to be careful with leverage because when you get overleveraged, that’s when you get into trouble. To actually

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WORD OF THE DAY: Anaphora

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[ə-NAF-ər-ə] Part of speech: noun Origin: Greek, late 16th century Definition: The repetition of a word or phrase at the beginning of successive clauses. The use of a word referring back to a word used earlier in a text or conversation, to avoid repetition. Examples of anaphora in a sentence “I received high marks on my English paper thanks to the succesful use of anaphora.” “The poem employed anaphora with the use of the

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HOME-SELLER PROFITS DROP ACROSS U.S. IN THIRD QUARTER AS HOUSING MARKET BOOM EASES

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Profit Margins on Typical Home Sales Dip Three Points Quarterly Amid Decline in National Median Price; Investment Returns Remain Near Record Levels, But Decrease at Fastest Pace in 11 Years; Median U.S. Home Value Down 3 Percent Quarterly During Peak Selling Season ATTOM, a leading curator of real estate data nationwide for land and property data, released its third-quarter 2022 U.S. Home Sales Report, which shows that profit margins on median-priced single-family

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Nation’s Longest Home Price Boom Ends with Prices Declining from Peaks in Almost All of the Nation’s 60 Largest Metros

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The Nation’s longest home price boom has ended after a run-up lasting 10½ years. Since prices peaked in June, we have had Month-on-Month declines of 0.5%, 0.4%, & 0.2% in September, August, & July respectively, according to data from the American Enterprise Institute’s Housing Center. Out of the 60 largest metros, 51 have had a decline from their respective peak home price levels, and only 2 are still growing. San Jose, San

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American Homes 4 Rent Donates $50,000 to Florida Hurricane Ian Relief Efforts

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Company teams deployed to provide on-the-ground assistance and clean-up throughout the Southeast American Homes 4 Rent announced that it has donated $50,000 to the American Red Cross and other charitable organizations to support the communities in Florida and South Carolina affected by Hurricane Ian. Employee volunteers from the Company also organized events across the region to assist with the clean-up efforts and provide material donations to households in need through various nonprofit agencies. “Our residents and

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