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Also, lenders Click n' Close, Lower add c-level executives, Southern Bancorp embarks on expansion of mortgage division and Formfree finds new director of marketing.

Joe Peiffer is the founder of the national law firm Peiffer Wolf Carr Kane Conway & Wise.

He has represented thousands of investors, is a published author, and is currently the president of PIABA, a nonprofit international bar association whose members represent investors in disputes with the securities industry.

Benjamin Edwards is a professor of law at the William S. Boyd School of Law at the University of Nevada, Las Vegas. 

He serves as the current chair for the Section on Securities Regulation for the Association of American Law Schools.  His writing has appeared in The Wall Street Journal, The Washington Post, Bloomberg and The Daily Beast.

All of the loans were originated by CrossCountry Mortgage, which previously had a relationship for this product with Starwood.

Mike Cagney, the fintech's CEO, said Tuesday the project came about in reaction to an industry need for a private capital market.

Souma Basu is a Principal in the Capco US Insurance Practice. He has extensive experience advising financial services and insurance company clients on assessing business and operations challenges, developing strategies, and delivering results. Empowering digital transformation in insurance, he has helped develop leading industry solutions and tools to address underwriting, claims, and customer-centric solutions critical to personal and commercial insurers.

Suman Bhattacharyya is a business and technology reporter based in Philadelphia

Jonathan spent the first five years of his professional insurance career working as a generalist broker at a traditional firm on Long Island. Intrigued by how to leverage technology in the industry, he joined the Founder Shield team in 2016 and quickly rose to his current leadership role as Managing Director. Jonathan oversees client strategy and communication and has fostered a culture of providing unparalleled service and risk consulting to some of the fastest-growing companies in the world. Outside of work, he can be found on the basketball court and chess board—but not at the same time.

Broader economic factors, including growing household debt, are also likely to keep the housing market stagnant, Freddie Mac said.

Its strong balance sheet opens up opportunities for the mortgage lender to bring more companies under its helm, executives during the earnings call said.