Tag Archives: Banking & Lending

While banks pull out, investment funds double down on real estate

By | | Uncategorized
Comments Off on While banks pull out, investment funds double down on real estate

Multiple funds told Reuters they planned to increase their credit exposure to property as banks back off from commercial real estate. Continue reading →

Faith in NYCB restored, but worries about some regional banks remain

By | | Uncategorized
Comments Off on Faith in NYCB restored, but worries about some regional banks remain

Wall Street investors believe promises made by new leadership of New York Community Bancorp, but concerns about the impact of interest rates and commercial lending on regional banks remain. Continue reading →

Dr. Shani Mott spent her last days fighting for housing equality

By | | Uncategorized
Comments Off on Dr. Shani Mott spent her last days fighting for housing equality

The Baltimore homeowner succumbed to cancer before she could celebrate a landmark appraisal bias win. She’s part of a long legacy of Black homeowners who’ve died while fighting for their rights. Continue reading →

Mortgage tech provider Polly launches new intelligence platform

By | | Uncategorized
Comments Off on Mortgage tech provider Polly launches new intelligence platform

Lender Intelligence harnesses advanced data science and machine learning tools to give lenders a holistic view of their business and the wider competitive landscape. Continue reading →

Best time to list a home? With high mortgage rates, it’s tough to tell

By | | Uncategorized
Comments Off on Best time to list a home? With high mortgage rates, it’s tough to tell

The peak of the spring homebuying season may have shifted to later in the year, at least in some markets, according to new analysis by Zillow. Continue reading →

NYCB’s surprise $2.7B Q4 loss rekindles regional bank fears

By | | Uncategorized
Comments Off on NYCB’s surprise $2.7B Q4 loss rekindles regional bank fears

Worries about commercial real estate are making jumbo mortgages costlier, since regional banks are a major provider of loans that are too big for Fannie Mae and Freddie Mac. Continue reading →

With $15M goal, Knock turns to ‘everyday’ investors

By | | Uncategorized
Comments Off on With $15M goal, Knock turns to ‘everyday’ investors

Alternative financing company Knock has secured $10 million from Second Century Ventures, the venture capital arm of the National Association of Realtors, and Foundry Venture Capital. It’s using Wefunder to reach $15 million total. Continue reading →

Brokerages, lenders anticipate big recruitment push in 2024: Triple-I

By | | Uncategorized
Comments Off on Brokerages, lenders anticipate big recruitment push in 2024: Triple-I

Approximately 28 percent of brokerage leaders believe “recruiting and retaining talent” will be their most challenging responsibility one year from now, according to results from the Inman Intel Index survey. Continue reading →

Better Mortgage expands offerings to include VA loans in all 50 states

By | | Uncategorized
Comments Off on Better Mortgage expands offerings to include VA loans in all 50 states

Borrowers can use the company’s Tinman platform to see their rates and get pre-approved in minutes, and may qualify to buy with no down payment. Continue reading →

Demand for purchase mortgages drops for 3rd week in a row

By | | Uncategorized
Comments Off on Demand for purchase mortgages drops for 3rd week in a row

Lender survey shows applications from homebuyers is down 12 percent from a year ago, as mortgage rates continue to rebound from December lows on stubborn inflation data. Continue reading →