Housing Wire
FEBRUARY 9, 2023
Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. The rising rate environment also had an impact on Northpointe’s origination in 2022.
Housing Wire
DECEMBER 11, 2020
Yet borrowers have had limited agency in the lending process to date. FormFree, the ATP fintech led by HousingWire Tech Trendsetter Brent Chandler , is launching a blockchain-based exchange for consumers to take control of the lending process. The smart contract presents the borrower’s lending request to the exchange.
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Housing Wire
JULY 14, 2022
Non-QM lender Kiavi , which specializes in fix-and-flip and investor loans, has laid off 39 employees, sources told HousingWire on Thursday. Because we are in the hard money space, we don’t have a lot of investors willing to buy our assets because of the rate hikes, is what our CEO told us.”.
Housing Wire
JUNE 28, 2022
The transaction is estimated to provide capital to support approximately $750 million in loan originations over the life of the deal and will help real estate investors revitalize aged homes across the country,” Ki avi said in announcing the deal. homes are over 30 years old.” billion, according to IMF.
Housing Wire
FEBRUARY 2, 2022
Jamie Thornton, director of online mortgage lending at Real Genius, said in a statement that the company has “invested a significant amount of time and resources” into developing technology for customers. Since 2016, we’ve helped more than 51,000 families with their mortgage needs, lending more than $15 billion,” said Thornton.
Housing Wire
JUNE 2, 2021
At the time, Volly cited the union as a means for the company’s lending clients to utilize Home Captain’s concierge and technology offering throughout the homebuying and mortgage origination process. Jason Tagler, General Partner and Managing Member of Camden Partners, joined the Volly board as part of this investment. .
Housing Wire
MAY 26, 2021
After reading the recent report from the Federal Housing Finance Agency on the performance of Fannie Mae and Freddie Mac’ s credit risk transfer programs, anyone unfamiliar with the purposes of CRT might understandably conclude that the GSEs vastly overpaid capital market investors and insurance providers to transfer credit risk off their books.
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