Technology

Forgoing traditional mortgages by buying homes outright is turning into a 2021 trend, and businesses are stepping in to facilitate these purchases.

The software provider’s offering hit the top of its price range estimate and started trading at $18 per share.

One provision calls for the Consumer Financial Protection Bureau to look at unfair, deceptive or abusive acts and practices regarding competition.

The new deal will remove manual bid taping and automate secondary loan sales directly on the Encompass platform.

The company, OriginPoint, brings together two enterprises active in the jumbo-homes space.

For the first time, the FDIC, Federal Reserve and OCC have combined efforts to advise banks on risk management procedures when working with nonbank partners.

The White House is calling on the Department of Justice and federal regulators to give bank deals more scrutiny as part of a broader executive order meant to encourage competition across the U.S. economy.

This is the second acquisition in the private equity firm’s newly established technology vertical.

The company is looking to sell 20 million shares, with a 3 million underwriters' option, at between $16 and $18 per share.

The financial services company will incentivize existing card members with statement credit for taking out or refinancing a home loan with either lender.