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The neobank is also benefiting from its product diversity.
October 30 -
The market appears strongly divided, as commercial real estate presents investors with stark choices and big risk-management decisions, often differing by region and by sub-sector.
October 30
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Futurewave Finance was started by former FHLBank-Chicago executive Steve Thomas, as part of a personal mission to do more to help underprivileged communities.
October 30
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The number of sellers it works with in the correspondent channel has grown due to pending capital requirements affecting larger depositories' interest in loans.
October 27
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Large language models were a big part of the discussion during the company's earnings call on Thursday.
October 27
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Even though it is less than two years since it allowed Fannie Mae and Freddie Mac to accept such valuations, it is difficult to evaluate their effectiveness without such examinations.
October 27
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The company posted third-quarter profits of $194 million but gave no details about a potential split of its mortgage business.
October 26
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CEO Scott Sanborn said it's unclear when demand from banks to buy the fintech's loans will return.
October 26
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The Hicksville, New York, company beat analysts' expectations on net interest income, but a pair of souring office loans contributed to a 68% increase in nonperforming loans from the prior quarter.
October 26
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The company took another net loss but some of its numbers improved as it slashed expenses and prospects improved for distressed loan services.
October 26
