Scale Profitably in Mortgage Lending, Test Unit Economics
Residential mortgage lender Gen H has updated its affordability assessment model to allow buyers of new-build homes to borrow more. Gen H has lowered its living cost assumptions, and this change to the affordability calculation lets buyers borrow a bit more for very energy-efficient homes. The lender said it reflected the lower energy costs…
Key insights: Nium, which has a large customer base in Europe and APAC, is expanding card issuance to the U.S. What’s at stake: Nium is focused on a variety of business payments, but hopes to find demand from corporate travel, which is a large but complex market. Forward look: Nium plans to use its existing…
Single-family construction slump worsens in June – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising and analytics partners….
Comcast is changing channels. The advertising sales and technology division of the telecommunications and media giant signed a 141,000-square-foot lease at BDT & MSD Partners’ 1540 Broadway in Times Square. The deal comes as the owner and property manager GFP Real Estate are pouring $150 million into renovating the 907,000-square-foot tower, formerly known as the…
Keystone Property Finance has added special-edition house in multiple occupation (HMO) and multi-unit freehold block (MUFB) products to its range, in a refinement of its buy-to-let (BTL) offering. The new range is priced 0.15% lower than its core products, with rates starting at 3.34%. Keystone Property Finance has also simplified its fee structure, and now…
Budget-conscious individuals aiming to enter the housing market are finally experiencing some relief as the national inventory of starter homes begins to improve, according to recent Redfin research. However, similar to many facets of the housing sector, the recovery is still slow and significantly varies by region. A starter home is characterized by economists at…