Browsing Tag:firm

alt-fairness-agency-positive-aspects-1b-in-capital-addresses-reverse-mortgage-competitors
Palo Alto, Calif., Based Point, a shared equity reverse mortgage alternative that gives homeowners the option to sell a small portion of their equity, recently announced it had issued over $ 1 billion in new capital commitments Real Estate and Mortgage Backed Securities (MBS) has received investors. These companies include Atalaya Capital Management (which made a previous investment...
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funding-agency-happy-with-high-reverse-mortgage-lender-signifies-attainable-future-purchases
Mortgage investment firm Ellington Financial LLC (NYSE: EFC) released earnings results for its 2nd investment portfolio. This means for the company the potential continued strength of the reverse mortgage product category as more seniors consider new ways to increase cash flow in retirement, and one executive also pointed out the possibility of additional Longbridge assets in the future...
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former-deputy-hud-secretary-different-former-fha-staffers-launch-new-advisory-agency
Former Assistant Secretary of the United States Department of Housing and Urban Development (HUD) Brian D. Montgomery has founded a new Washington, DC-based consultancy specializing in financial services, mortgage lending / services, community development, and the public sector Concentrated housing construction.The new company, Gate House Strategies LLC, focuses on the Federal Housing Administration (FHA) / Government National Mortgage Association...
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as-we-speaks-mortgage-refinance-charges-rise-to-march-excessive-although-one-key-charge-holds-agency-march-19-2021
Our goal here at Credible Operations, Inc., NMLS number 1681276, hereinafter referred to as "credible", is to give you the tools and confidence you need to improve your finances. Although we promote products from our affiliate lenders, all opinions are our own.Check out the mortgage refinancing rates for March 19, 2021, which have increased since yesterday - with...
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main-rankings-agency-points-second-highest-rating-to-high-reverse-mortgage-lender
Global rating agency DBRS Morningstar has given Mahwah, New Jersey-based reverse mortgage lender Longbridge Financial, a “good” ranking. This is to help facilitate the development of new products and features that may be offered to borrowers in the months and months to come, Longbridge said. This comes from a publication this week by DBRS Morningstar itself and...
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blockchain-agency-determine-receives-100-million-from-jpm-for-jumbo-mortgages
Figure Technologies, Inc., founded by a well-known fintech entrepreneur Mike Cagneyreceived $ 100 million from JPMorgan (NYSE: JPM) to finance jumbo mortgages, it said in a press release. Figure uses blockchain technology to reduce the friction and cost of lending.Figure notes that this is the fifth funding facility for the online lender, which has already closed approximately $...
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