LynxBanc Mortgage Corp., Boca Raton, Fla., has added to its offerings the ability to arrange multicurrency mortgage facilities for international buyers purchasing homes in South Florida by working with the United Kingdom-based Lloyds TSB Bank."Florida has the highest share of real estate buyers from overseas of any state, 15[%] on average," said Stephen Parnell, chief executive officer of LynxBanc. "This new mortgage facility offers the overseas buyer the opportunity to switch between eligible international currencies easily and inexpensively up to four times a year." LynxBanc can be found on the Web at http://www.lynxbanc.com
-
Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending.
2h ago -
VantageScore 4.0 has been incorporated into the existing processes at Rocket for both the retail and mortgage broker-facing origination businesses.
3h ago -
The pace of contract signings surged at its fastest in three years in a break from the more stagnant conditions of past home buying seasons, Realtor.com said.
5h ago -
With the 10-year Treasury yield at levels not seen in 52 weeks, the 30-year fixed rate mortgage rose 15 basis points over last Thursday, Freddie Mac said.
7h ago -
Artificial intelligence's ability to uncover and analyze granular data across large volumes of files may result in AI agents executing trades themselves, mortgage leaders said.
9h ago -
Lenders at the MBA conference say non-agency is more than just non-QM — and those still treating it as a niche product are falling behind as it becomes a core part of the business.
May 21







