Technology

AlphaFlow, an asset manager that buys real estate loans from lenders, sold the first of what it expects to be a series of securities linked to mortgages often used by house flippers.

The mortgage lender will promote its brand, products and services through MLB-related television or radio ads, in addition to digital outlets.

Black Knight’s product is designed to assist mortgage lenders in performing due diligence while also preventing heightened risk of foreclosure losses.

The amount nearly doubles the capital the mortgage fintech has raised since 2012.

By tracking remote workers with customizable benchmarks, Grind Analytics’ new software tool increased efficiency for one of its first users, OneTrust Home Loans.

With refinance volumes predicted to fall — but currently continuing apace — lenders explain how they’re readying themselves for eventual contraction and its implications for their expenditures.

The acquisition brings the credit report provider into the commercial and residential appraisal technology space.

The software will aim to take advantage of the anticipated volume growth in this particular type of origination.

After doubling its valuation in five months, Blend plans to use its latest funding to strengthen its digital lending experiences for banking and mortgages.

The company aims to make financed home purchases more competitive with cash offers by creating a faster mortgage process.