Unlock closes $433.1M home equity agreement securitization

Nearly two-thirds, or  62%, are already aware that mortgage lenders are transitioning to newer models incorporating rent and utility data. And 48% expect to be in a position to buy within four years. “We’ve long advocated for the use of expanded data, including things like rent and utility payments, to help increase access to homeownership,” said Michele…

Key Points BlackRock recommends investors allocate 1% to 2% of their portfolio to Bitcoin. Investors recently shifted their attention back to the cryptocurrency amid concerns about the economy. 10 stocks we like better than Bitcoin › Bitcoin‘s (CRYPTO: BTC) price spiked more than 22% over the past two weeks as investors have grown increasingly concerned…

Ali sees Heartwood well positioned to help brokers and borrowers manage that shift, with the company’s status as a non-B20 lender giving it the ability to work in the B and B-minus mortgage spaces as well as the mortgage investment corporation (MIC) sector when it comes to underwriting philosophies. “We want to be able to…

An enormous 386.1-acre “recreational retreat” with four transformed grain silos and shooting areas has just hit the market near Odessa, WA, for $895,000. “The seller is the original owner, and this was a piece of property that he built for his family and friends to recreate,” says listing agent Jason Hall of Better Homes and…

By Maria Eloisa Capurro (Bloomberg) — A surprise jump in U.S. hiring last month has bolstered the case for the Federal Reserve to raise interest rates when they meet later this month, but a hike is still not guaranteed. Nonfarm payrolls in August topped all estimates in a Bloomberg survey, and the unemployment rate held…

Kolkata: Large microfinance companies have drawn up plans to grow faster this year, revising their earlier projections upwards, as cautious lending by private banks and smaller lenders create more space for them. Publicly listed Muthoot Microfin and Satin Creditcare Network — the third and fourth in ranking in terms of assets under management — have…