Origination

The residential real estate investment startup, which works with lenders to help investors buy rental properties, will use the money to buy rehab property inventory for its customers.

Solidifi will team up with the initiative originally launched by the National Urban League and Fannie Mae.

Alternative lenders, which often use aggressive underwriting tactics to generate high returns, were closing in on banks even before the pandemic. Now they've pulled ahead.

The likelihood that inflation remains above the Fed's 2% target contributed to the government-sponsored agency’s decision to dial back its 2022 outlook.

Fed moves, inflation and retail sales applied upward pressure, contributing to the increase.

Announcements from Paramount Residential Mortgage Group and LodeStar Software Solutions are early indications that the company’s aggressive investment in diversified business lines could pay off.

Only eight states experienced annual appreciation viewed as sustainable, according to Fitch Ratings.

Borrowers who make at least a 10.01% down payment will not be required to obtain this form of credit enhancement, as these loans are not being sold to Fannie or Freddie.

The loan pool’s volatility score is high but its diversity of properties is a plus.

Refinance numbers declined for the seventh time in eight weeks, leading to an overall weekly decrease.