Search Results for: housing market

Bank of America Commits To Investing In Invest Detroit Ventures' Early-Stage Startup Fund
Banking Investment Services News

Bank of America Commits To Investing In Invest Detroit Ventures’ Early-Stage Startup Fund

Fintech News Desk
by Fintech News Desk0
– Fund strongly supports underserved founders with half of its portfolio to be invested in female, minority, and immigrant founders – Advances Bank of America’s commitment to Detroit and the region – Supports Invest Detroit Ventures’ efforts toward sustainability to provide long-term support for early-stage Michigan-based companies Invest Detroit Ventures......
BTIG Franchise Sales Adds FinTech Strategy and Sales Specialist Michael Turner
Fintech News

BTIG Franchise Sales Adds FinTech Strategy and Sales Specialist Michael Turner

Fintech News Desk
by Fintech News Desk0
BTIG announced that Michael Turner has joined the firm’s Franchise Sales division as a Managing Director and FinTech Strategy and Sales Specialist. Mr. Turner will provide analysis and sales commentary for BTIG’s institutional investor and corporate clients. In his new role with the firm, he will report to Dan Wychulis, Managing......
Sunwest Bank Expands Into the Southeast and Opens Branch in Sarasota
Banking News

Sunwest Bank Expands Into the Southeast and Opens Branch in Sarasota

Fintech News Desk
by Fintech News Desk0
The Sarasota branch marks Sunwest Bank’s first location outside of the Western United States Sunwest Bank, a leading entrepreneurial business bank, is pleased to announce it has opened a branch in Sarasota, Florida. The branch will be Sunwest Bank’s first office in Florida, joining their existing 13 locations across Arizona, California, Idaho and Utah. “I’m proud to......
New York Community Bancorp, INC. Announces $28 Billion Community Benefits Agreement With NCRC
Banking Investment Services News

New York Community Bancorp, INC. Announces $28 Billion Community Benefits Agreement With NCRC

Fintech News Desk
by Fintech News Desk0
New York Community Bancorp, Inc.(the “Company” or “NYCB”) and the National Community Reinvestment Coalition (“NCRC”) announced the Company’s commitment to provide $28 billion in loans, investments, and other financial support to communities and people of color, low- and moderate-income (“LMI”) families and communities, and small businesses. Latest Fintech Insights: BlockFi Selects Bermuda......
Columbia Bank Hires Justin Jennings, New Executive VP, Operations Officer
Banking News

Columbia Bank Hires Justin Jennings, New Executive VP, Operations Officer

Fintech News Desk
by Fintech News Desk0
Columbia Bank is pleased to welcome, Justin Jennings, the new Executive Vice President, Operations Officer, effective immediately. Jennings, who replaces Brian Murphy upon his retirement in April 2022, is responsible for the Operations division including Card Services, Deposit Operations, Loan Servicing and the Customer Service Center. Mr. Jennings spent his......
New Standard Equities Closes $157 Million in Transactions
Investment Services Investments News

New Standard Equities Closes $157 Million in Transactions

Fintech News Desk
by Fintech News Desk0
A frenzy of activity in the final days of 2021 resulted in the firm’s largest acquisition to date and a disposition that produced an IRR of 56.95% New Standard Equities (NSE), a Los Angeles-based, full-service multifamily real estate investment and management firm, closed three major transactions in the final week of......
Lument Provides $25.1 Million in Fannie Mae Financing for Portfolio of Colorado Affordable Communities
Finance

Lument Provides $25.1 Million in Fannie Mae Financing for Portfolio of Colorado Affordable Communities

Fintech News Desk
by Fintech News Desk0
Lument has announced the closing of five Fannie Mae conventional multifamily housing loans totaling $25.1 million to refinance five affordable housing communities within the Denver and Colorado Springs metropolitan areas. Lument Managing Director Andrew Ellis led the transactions. Latest Fintech Insights: Payments and DeFi-centric Blockchain, Fuse Network, Announces Major Integration with Sushi The properties—known collectively as the Archway Portfolio—are......
Mongoose Coin Provides $10,000 Donation To Hope Of The Valley, Partnering With Congressman Brad Sherman To Ensure Cryptocurrency Is A Force For Good
Cryptocurrency News

Mongoose Coin Provides $10,000 Donation To Hope Of The Valley, Partnering With Congressman Brad Sherman To Ensure Cryptocurrency Is A Force For Good

Fintech News Desk
by Fintech News Desk0
Mongoose Coin, the new cryptocurrency token that was created in the wake of Congressman Brad Sherman’s remarks on crypto during a Congressional hearing, is continuing its charitable giving efforts with a $10,000 donation to Hope of the Valley. The donation is the second made by the Mongoose Coin project after first donating to tornado......
Bascom Group Extends Buying Spree Into 2022 With 140 Unit California Multifamily Acquisition
Capital Markets News

Bascom Group Extends Buying Spree Into 2022 With 140 Unit California Multifamily Acquisition

Fintech News Desk
by Fintech News Desk0
The Bascom Group, LLC (“Bascom”) has acquired a two-property, 140-unit multifamily portfolio located in the Northridge neighborhood of the City of Los Angeles. The properties, NMS Northridge and NMS Superior, boast large floorplans consisting of mostly two- and three-bedrooms with each unit receiving a private 2-car garage or two spaces of structured parking.......
Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July
Lending News

Biz2Credit Small Business Lending Index for December Finds Loan Approval Rates Continue to Rise, But at Slow Pace

Fintech News Desk
by Fintech News Desk0
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in December 2019 Small business loan approval percentages at big banks ($10 + in assets) increased from 14.2% in November to 14.3% in December, and small banks’ approvals also rose from 19.9% in November to 20.1% in December, according to the latest Biz2Credit Small Business Lending Index™ released today. Among several categories of non-bank......
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