“Underpinning it all, February’s dip in mortgage rates expanded the refinance-eligible population to 5.4 million borrowers, the largest pool we’ve seen since early 2022, further improving affordability, which is at its best... Read more »
Arixa Capital, a private real estate lender and alternative investment manager based in Los Angeles, said Wednesday it had surpassed $4 billion in cumulative loan originations. The company said the milestone underscores the loyalty... Read more »
Global real estate investment company Kennedy Wilson said Monday real estate debt investment platform more than doubled in size in the past year and has reached $7 billion in originations with a strong pipeline... Read more »
The reverse mortgage industry already knew that Home Equity Conversion Mortgage (HECM) endorsement volume in 2023 was cut nearly in half compared to 2022, but new data shows that the decline was... Read more »
Ellington Financial, parent company of top 10 reverse mortgage lender Longbridge Financial, reported a lower economic return for the fourth quarter of 2023, which was partially driven by net losses from Longbridge... Read more »
Government-sponsored enterprise (GSE) Freddie Mac on Wednesday announced further enhancements to its Condo Project Advisor tool that are designed to “streamline” such loan originations and to offer lenders “greater security” through a... Read more »