Loancity.com, a wholesale mortgage lender based in San Jose, Calif., has announced the adoption of a new corporate identity as LoanCity to better portray the company's focus as a lender rather than a technology-based dot-com.The new identity includes a new logo and a redesigned website, the company said. "LoanCity has been one of the best-kept secrets in the business," said Kathy Marshall, LoanCity's senior vice president of marketing. "Not many people realize that we are currently among the top 25 wholesale lenders in the country." The company's redesigned website can be found online at http://www.loancity.com.
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The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.
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Delinquencies among recent FHA originations are showing up alongside a notable volume of subordinate liens carried by the borrowers.
8h ago -
The share of sellers dropping their asking price fell in April as buyer demand picked up, though Sun Belt markets — especially in Texas — still saw widespread price cuts.
10h ago -
The real estate investment trust, while reporting a first quarter net loss, benefitted from growth and stable margins in its three mortgage production units.
11h ago -
The co-author of the landmark Dodd-Frank Act and progressive congressional trailblazer Rep. Barney Frank, D-Mass., has died.
11h ago -
The newest version of the House housing bill would make a ban on institutional investors owning some homes less harsh than the Senate version by removing a seven year mandate on selling build-to-rent homes.
May 19









