It’s unclear whether ADUs bring down housing costs: John Burns

Construction of accessory dwelling units (ADUs) is taking off, but is it bringing down housing costs?A new report from John Burns Real Estate Consulting casts doubt on it, citing uneven geographic distribution of deregulations and the high cost of construction. As a result, the most impactful ADUs a
Read MoreKiavi attracts new investors with latest fix-and-flip mortgage securitization

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. The deal marked Kiavi’s 19th securitization, elevating its total issuance to o
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Talk of a potential recession and the impending business practice changes were the overarching themes of the opening session of Keller Williams’ 2024 Mega Agent Camp Tuesday morning.Despite these harsh realities, Gary Keller, the executive chairman and co-founder of the firm, still had a reassuring
Read More HighTechLending leaders say flexibility, added value drive rebranded wholesale division

California-based HighTechLending, a top-10 lender in the reverse mortgage industry, recently announced that it was rebranding its wholesale channel to American Senior Lending Wholesale Division in an effort to better align its identity with key business lines designed to serve older borrowers.One of
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