Search Results for: housing market

Lument Closes $45.9 Million Loan to Refinance Seniors Housing Community in Rhode Island
Finance Lending News

Lument Closes $45.9 Million Loan to Refinance Seniors Housing Community in Rhode Island

Fintech News Desk
by Fintech News Desk0
Lument recently closed a $45.9 million FHA Sec. 232/223(a)(7) loan to refinance Tockwotton on the Waterfront, a 156-unit seniors housing and care community in East Providence, Rhode Island. Senior Managing Director Aaron Becker led the transaction for Lument. Latest Fintech Insights: Payments and DeFi-centric Blockchain, Fuse Network, Announces Major Integration with Sushi “By leveraging our FHA......
Richmond American Enters Nashville Market
Fintech News

Richmond American Enters Nashville Market

Fintech News Desk
by Fintech News Desk0
Introducing new options for home personalization to area homebuyers Richmond American Homes of Tennessee, Inc., a subsidiary of M.D.C. Holdings, Inc., is pleased to announce that it will soon break ground on The Ridge at Carter’s Station (RichmondAmerican.com/TheRidgeAtCartersStation), a new community in Maury County. The neighborhood is set to open for sales......
Velocity Financial Acquires Majority Interest in Century Health & Housing Capital
Lending Mortgage News

Velocity Financial, Inc. Acquires Majority Interest in Century Health & Housing Capital

Fintech News Desk
by Fintech News Desk0
Velocity Financial, Inc., a leading provider of small balance investor loans, announced it has acquired a majority stake in Century Health & Housing Capital. “Velocity’s national footprint and operational capabilities will significantly expand our ability to grow customer relationships and origination volume.” Founded in 1992, Century is a licensed “Ginnie......
Housing Fintech Trellis Raises Funding to Expand Across Pakistan
Fintech News

Housing Fintech Trellis Raises Funding to Expand Across Pakistan

Fintech News Desk
by Fintech News Desk0
Trellis Housing Finance Limited (Trellis), an SECP licensed Housing Finance Company based in Karachi, has raised an investment round led by local and international investors including Fatima Gobi Ventures, Insitor Partners, Zayn Capital, TPL Properties & Taarah Ventures along with angel investors. With this funding, Trellis will expand operations across the......
Fintech News

Regions Bank Launches New Markets Tax Credit Practice

Fintech News Desk
by Fintech News Desk0
Steve Ross joins Regions as head of the NMTC team. Most recently, Ross served as head of the NMTC platform for Truist Community Capital. There, he managed a group of business development, underwriting and asset management professionals who made social impact investments throughout the U.S. Recent Fintech News : Hodlnaut Launches......
New Data from HouseCanary Paints Bleak Picture for Housing Affordability
Mortgage News

New Data from HouseCanary Paints Bleak Picture for Housing Affordability

Fintech News Desk
by Fintech News Desk0
Homes Under $200K Continue to be in Short Supply as Net New Listing Activity is Down Nearly 30% Year-Over-Year List-to-Sale Price Ratio Hovers Slightly Above 100, Underscoring a Sustained Seller-Friendly Environment Gap Between Contract Volume and Net New Listing Volume Continues to Shrink, Signaling a Decrease in the Outsized Demand......
Equifax Partners With National Association Of Minority Mortgage Bankers Of America (NAMMBA) to Assist Underserved Communities and Their Housing Needs
Fintech Mortgage News

Equifax Partners With National Association Of Minority Mortgage Bankers Of America (NAMMBA) to Assist Underserved Communities and Their Housing Needs

Fintech News Desk
by Fintech News Desk0
 Equifax Inc. announced a partnership with the National Association of Minority Mortgage Brokers of America (NAMMBA) to help support its efforts to assist underserved communities and their housing needs. This relationship aligns directly with the ongoing Equifax commitment to advance financial inclusion and help all consumers access and better understand their......
SPDB and Huawei Launch the SPDB Finwarehouse, Incorporating Digital Finance into Warehousing
Fintech News

SPDB and Huawei Launch the SPDB Finwarehouse, Incorporating Digital Finance into Warehousing

Fintech News Desk
by Fintech News Desk0
Shanghai Pudong Development Bank (SPD Bank) and Huawei presented the SPDB Finwarehouse Solution at HUAWEI CONNECT 2021. The solution is one of the biggest milestones in joint innovation for financial digitalization. It is also a step towards consolidating the Bank of Things, as the solution uses IoT to secure movable......
FHFA Releases Additional Data on Enterprise Fair Lending and Housing Goals
B2C Mortgage News Property

FHFA Releases Additional Data on Enterprise Fair Lending and Housing Goals

Fintech Analyst
by Fintech Analyst0
The Federal Housing Finance Agency (FHFA) released several sets of demographic data related to Fannie Mae and Freddie Mac’s (the Enterprises) fair lending and housing goals activities. The rate of homeownership for minority families in the United States continues to lag well behind the national average. Fair lending is central......
FHFA Announces Increase in the Enterprises’ Low-Income Housing Tax Credit (LIHTC) Cap
Markets Mortgage News Property

FHFA Announces Increase in the Enterprises’ Low-Income Housing Tax Credit (LIHTC) Cap

Fintech Staff Writer
by Fintech Staff Writer0
FHFA will support underserved markets, each Enterprise can now invest up to $850 million annually in Low-Income Housing Tax Credit or LIHTC To support underserved markets, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) can each invest up to $850 million annually in......
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