Hoping to capitalize on the shift toward online peer-to-peer lending, LendingHome raised $70 million in a round led by Chinese company Renren to help build its home mortgage marketplace.
Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $1.4 million Fannie Mae loan facility to enable the acquisition of a multifamily property located in Charlotte, …
NEW YORK ( MainStreet ) — The mortgage industry is no different from the rest of the financial or tech world and is fraught with odd terminology, tons of acronyms and other confusing jargon.
Potential Government plans to keep struggling mortgage holders in their homes by bailing them out with taxpayers’ money have been criticised by the opposition for effectively letting banks “off the hook”.
On April 10, Dow 30 stalwart General Electric Company (NYSE: GE ), hogged most of the headlines generated from selling the majority of its ~$23.5 billion GE Capital real estate asset portfolio to Blackstone …
Choosing a home is a lot more exciting than choosing a mortgage, but choosing the right mortgage term can have a big impact on your other financial goals.
WASHINGTON — Interested in a reverse mortgage without a lot of hassles? Get your application in now. On April 27, a series of extensive “financial assessment” tests will make applying for a reverse mortgage tougher — much like applying for a standard home mortgage.
At a time when the U.S. economy continues to struggle to create jobs, we cannot afford to leave potentially hundreds of billions of dollars of lending activity and tens of thousands of possible jobs go untapped.
In the US (IVV), mortgage applications for purchases and refinances increased by 0.4% for the week ended April 3, compared to the previous week.
When you're searching for a good mortgage offer, consider options beyond big banks.