Bethesda, Md.-based decisioning and analytics vendor Overture has closed $6 million in Series C funding led by Capital Trust Ventures with continuing participation from CNF Investments, New Markets Growth Fund and other existing investors. Financing will be used to support market expansion to meet urgent and increasing demand for the company's financial decisioning solutions serving the mortgage and education lending industries. In conjunction with the funding, Tim Meyers, managing partner at Capital Trust Ventures, has joined Overture's board of directors.
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Experts have some tips for how to best employ strategies that can minimize the damage from changes in the market.
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Bill Pulte, FHFA director, has ordered Fannie Mae to update its servicer guide to mirror Freddie Mac policy regarding notifying borrowers about dropping MI.
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It will be a promotion for Jones, currently the deputy assistant secretary for single-family housing at the Department of Housing and Urban Development.
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