Search Results for: housing market

Snap.Build Growing the Economy with Build For Rent (BFR) Projects in Multiple States
Fintech News

Snap.Build Growing the Economy with Build For Rent (BFR) Projects in Multiple States

PR Newswire
by PR Newswire0
Platform Tailored to BFR Model for Speed and Efficiency Snap.Build, a best-in-class fintech company for the residential housing construction industry, specializes in working with the builder and lender communities to fund projects targeted to growing residential real estate areas with a concentration in the Build For Rent (BFR) category. Today, BFR......
Boston Financial Closes $164 Million National Multi-Investor Fund
Fintech Investments News

Boston Financial Closes $164 Million National Multi-Investor Fund

Business Wire
by Business Wire0
Boston Financial, the largest and most established syndicator of U.S. Low-Income Housing Tax Credits (“LIHTC”), today announced the closing of Boston Financial Institutional Tax Credits 59 Limited Partnership (“ITC 59”), a $164 million LIHTC fund. ITC 59 is the second multi-investor LIHTC fund syndicated by Boston Financial this year, representing......
Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%
Banking Finance News

Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%

Business Wire
by Business Wire0
Redfin economists say this is likely to be the slowest sales year since the Great Recession as persistently high mortgage rates and low inventory spook buyers This year is likely to end with roughly 4.1 million existing home sales nationwide, the fewest since the housing bubble burst in 2008 after......
Municipality Finance Issues NOK 1 Billion Notes Under its MTN Programme
Finance News

Municipality Finance Issues NOK 1 Billion Notes Under its MTN Programme

GlobeNewswire
by GlobeNewswire0
Municipality Finance Plc issues NOK 1 billion notes on 18 October 2023. The maturity date of the notes is 18 April 2028. The notes bear interest at a fixed rate of 4.4% per annum. The notes are issued under MuniFin’s EUR 45 billion programme for the issuance of debt instruments.......
Steve Thomas Launches Minority-Owned National Correspondent Lender
Lending Mortgage News

Steve Thomas Launches Minority-Owned National Correspondent Lender

PR Newswire
by PR Newswire0
Brings 30 years of experience at the nexus of residential mortgage trading, community banking, affordable housing, and diversity and inclusion initiatives.  Stephen Thomas announced the creation of FutureWave Finance, a minority-owned national correspondent lender, of which he is the President and CEO. The culmination of many years of planning, FutureWave partners with......
Truecaller Acquires TrustCheckr, A Fraud Detection Service
Fintech News

Truecaller Acquires TrustCheckr, A Fraud Detection Service

PR Newswire
by PR Newswire0
Truecaller, the leading global platform for verifying contacts and blocking unwanted communications, has acquired the India-based company Unoideo Technologies Pvt Ltd. The company provides the service TrustCheckr that through a SaaS platform helps businesses verify customer information and detect risk of fraud based on phone numbers and digital signals. TrustCheckrs current offering has......
Newrez Launches New Joint Venture Lender, Onward Home Mortgage
Lending Mortgage News

Newrez Launches New Joint Venture Lender, Onward Home Mortgage

Business Wire
by Business Wire0
Marking an exciting new chapter for homebuyers in the southeast. Newrez, a national mortgage lending and servicing organization, has launched a new joint venture mortgage company, Onward Home Mortgage, through their Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group (GLG). Latest Fintech Interview Insights : Bridging......
Umpqua Bank Names Nicole Bascomb-Green Head of Community Lending
Lending News

Umpqua Bank Names Nicole Bascomb-Green Head of Community Lending

PR Newswire
by PR Newswire0
Hire advances Umpqua’s commitment to provide financial products and services that address affordable housing and access challenges in its communities Umpqua Bank, a subsidiary of Columbia Banking System Inc., announced the appointment of Nicole Bascomb-Green as Head of Community Lending. In this role, Bascomb-Green is responsible for the management of the community lending team,......
Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August
Lending News

Business Loan Approvals at Big Banks and Credit Unions Continued to Slide in August

GlobeNewswire
by GlobeNewswire0
Big bank lending to small businesses has stalled for over a year, while credit unions return to an all-time low. Loan approval percentages rose at regional and community banks and non-bank lenders. Small business loan approval percentages at big banks ($10 billion+ in assets) fell from 13.3% in July to 13.2% in August, according to the......
ResMan Adds New Applicant Fraud Detection Capabilities
Fintech News

ResMan Adds New Applicant Fraud Detection Capabilities

PR Newswire
by PR Newswire0
ResMan Fraud Detection Addresses Pressing Need to Identify Fraudulent Financial Documents During the Application Process ResMan by Inhabit, a leading property management SaaS platform provider, announced the extension of the ResMan platform to include financial document fraud detection. These new capabilities identify fake and manipulated financial documents with 99.8 percent accuracy, so......
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