CFPB seeks input on mortgage disclosures and TRID rules

A proptech company focused on deploying AI agents to meet landlords’ leasing and operational needs has closed its second funding round. Courtesy of Uniti Uniti co-founders Emre Altinok and Francesco Decamilli Uniti’s $12M Series-A round was led by Pathlight, with participation from MetaProp and several other investors. It comes after the company secured $4M in…

Short sales sold at a smaller discount than foreclosures starting in January, the first time that’s happened since Realtor.com began tracking these valuations in 2018. Distressed homes earned about 9% more of their estimated value as a short sale than as a foreclosure. Processing Content Foreclosed homes have sold in a fairly steady range, 25%-30%…

Real estate finance specialist SHC Capital has arranged an investment term loan from Cynergy Bank for a property investment group, secured against a multi-asset high street retail portfolio in South London valued at £32 million. Cynergy Bank is providing the investment term loan, which includes an element of stabilisation. The group plans to refurbish retail…

An emergency expense doesn’t need to overwhelm a household budget to create a credit problem. For subprime consumers, a medical bill, car repair or veterinary expense can redirect enough cash to jeopardize a payment, putting hard-won credit progress at risk. Credit issuers are, in those cases, trying to understand a customer population too often reduced…

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