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Rather than add debt through a HELOC, the company’s product allows clients to get cash in exchange for a portion of the property's value.

Changes made in the waning days of the previous administration limited the government-sponsored enterprises’ purchases of certain loan types, which drew criticism from lenders and community groups alike.

Fitch Ratings’ second quarter numbers suggest even those facing some of the highest repayment hurdles may have been motivated enough by economic improvement to exit before many expirations were due.

The fintech projects the Series C capital will enable $10 billion in annual housing transactions through its system and expansion to half the U.S.

All of the NTC employees will join Covius, including the company's senior management, following the deal's completion.

Elizabeth Warren asked the Federal Reserve this week to force the spinoff of the bank’s nonbanking operations. Wells, which was recently hit with another $250 million fine, countered that it has made significant progress in improving its risk management and addressing misconduct.

The company co-founded by former Zillow CEO Spencer Rascoff raised $125 million from investors including SoftBank Vision Fund 2.

Kelley R. Taylor is a reporter for The Bond Buyer. Previously, Kelley covered developments in tax, law, and education for Tax Notes Today, School Library Journal, and Ernst & Young. She holds a B.A. in psychology from the College of William and Mary and a J.D. from George Mason University’s Antonin Scalia Law School.

The companies talk through their products aimed at making the processes safer and more inclusive for consumers.

The number of borrowers leaving plans outweighed a smaller uptick in new requests and re-entries.