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  • Knox Financial to expand loan products with $50 million in funding June 29, 2022
    Knox Financial will expand its lending business and loan products with a $50 million in funding it received from a real estate advisory firm. The post Knox Financial to expand loan products with $50 million in funding appeared first on HousingWire.
  • Mortgage apps flat even as refis tick up June 29, 2022
    Mortgage apps increased 0.7% on a seasonally adjusted basis, with lower mortgage rates boosting refi activity. The post Mortgage apps flat even as refis tick up appeared first on HousingWire.
  • The obstacles to a digital mortgage are changing – Here’s what lenders need to know June 28, 2022
    HousingWire recently spoke with Armando Falcon, CEO of Falcon Capital Advisors, about the continued growth of digital mortgage solutions such as eClosings and what lenders can do to implement eMortgages into their business models.  The post The obstacles to a digital mortgage are changing – Here’s what lenders need to know appeared first on HousingWire.
  • As FGMC shuts down, lender partners question fate of loans in pipeline June 28, 2022
    Lending partners of FGMC are frustrated. They say the company agreed to buy millions of dollars in mortgages, but has gone silent since laying off about 80% of its staff on Friday. The post As FGMC shuts down, lender partners question fate of loans in pipeline appeared first on HousingWire.
  • Two more MSR deals valued in total at $2.5B hit the market  June 28, 2022
    The Prestwick Mortgage Group, an advisory and brokerage firm, has unveiled an offering for a $1.6 billion package of Fannie Mae, Freddie Mac and Ginnie Mae MSRs. The post Two more MSR deals valued in total at $2.5B hit the market  appeared first on HousingWire.
  • Fix-and-flip lender Kiavi finalizes $218M private-label offering June 28, 2022
    Kiavi, formerly LendingHome, recently closed a $218 million private-label securitization of unrated short-term mortgages — described as “residential transition loans” (RTLs) by the lender, which serves the fix-and-flip market. The post Fix-and-flip lender Kiavi finalizes $218M private-label offering appeared first on HousingWire.
  • How home-price growth has damaged the housing market June 28, 2022
    It's never a good thing when you see vertical home-price growth. This either means a massive supply shortage or you had a credit boom. The post How home-price growth has damaged the housing market appeared first on HousingWire.
  • Roostify partners with Indecomm to court self-employed borrowers June 28, 2022
    Roostify is hoping to bring in more self-employed borrowers by adding Indecomm's automated income calculation technology. The post Roostify partners with Indecomm to court self-employed borrowers appeared first on HousingWire.
  • Fannie Mae finalizes first nonperforming loan sale of the year June 28, 2022
    Fannie Mae announced the winning bidder for the final mortgage pool that was part of its inaugural nonperforming loan sale of 2022. The post Fannie Mae finalizes first nonperforming loan sale of the year appeared first on HousingWire.
  • Sales Boomerang and Mortgage Coach merge June 28, 2022
    Mortgage fintechs Sales Boomerang and Mortgage Coach have merged, roughly six months after investments from Philadelphia-based private equity firm LLR Partners. The post Sales Boomerang and Mortgage Coach merge appeared first on HousingWire.