Kennedy Funding, a direct lender based in Hackensack, N.J., has made its first entry into the South Pacific market with a $5.4 million loan to developers of Taunovo Bay, a resort community under construction on the southern coral coast of Fiji's main island, Viti Levu.The loan will enable the developers to complete construction of beachfront villas. Kennedy can be found online at http://www.kennedyfunding.com.
Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
