Origination

Increased purchase activity countered a slowdown in refinance applications, which were impacted by rising rates.

StoicLane, Oaktree Capital Management, MFA Financial, family offices and individual strategic investors participated in the funding round.

Home buyers on the coasts paid the highest amount in fees, led by D.C. residents.

The higher dollar amounts could be a way for companies to drive volume at a time when rates are increasing.

The $146 million deal could indicate that volume in the asset class has gotten large enough to support programmatic activity in the pricey housing market.

Genesis, based in Sherman Oaks, California, has originated more than 12,000 loans since 2014.

Despite Boise's supply shortage and skyrocketing prices, homes in Ada County have always been built primarily by local builders. That could soon change.

Banks, credit card issuers and debt collectors all supported the Consumer Financial Protection Bureau’s revised regulations. But they face a steep learning curve in complying with the rules, which take effect Nov. 30.

With a huge wave of consolidation expected soon, lenders must carefully adjust their mix of personnel and technology to stay profitable, whether they plan to continue to compete or sell.

Because there are currently no obligations on the sector to file suspicious activity reports — and no penalties associated with not reporting — there is no real incentive to report, writes the vice president of SmartSearch.