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While financing costs are still low enough to offset sticker-shock from rising home prices, a slight increase in the average 30-year conforming rate weighed on borrowers, according to the Mortgage Bankers Association.

AlphaFlow, an asset manager that buys real estate loans from lenders, sold the first of what it expects to be a series of securities linked to mortgages often used by house flippers.

The mortgage lender will promote its brand, products and services through MLB-related television or radio ads, in addition to digital outlets.

Black Knight’s product is designed to assist mortgage lenders in performing due diligence while also preventing heightened risk of foreclosure losses.

The amount nearly doubles the capital the mortgage fintech has raised since 2012.

With Americans gobbling up homes in the suburbs, a scarce inventory of properties to purchase has met surging demand to drive up prices.

By tracking remote workers with customizable benchmarks, Grind Analytics’ new software tool increased efficiency for one of its first users, OneTrust Home Loans.

Amerant Mortgage includes several former bankers from City National Bank of Florida in Miami.

The firm will invest in loans in health care, real estate, equipment and transportation, as well as corporate sectors backed by contractual cash flows, according to a statement Tuesday.

Janet Yellen was confirmed by the U.S. Senate as the country's 78th Treasury secretary and the first woman to hold the job, putting her in charge of overseeing an economy that continues to be hobbled by the coronavirus pandemic.