Browsing: lender

Key insight: Preferred Bank has moved a $115 million block of loans, which are backed by multifamily and commercial real estate properties, to nonaccrual status.What’s at…

It was a good year for the largest mortgage lender in the nation, despite sticky-high mortgage rates.United Wholesale Mortgage (UWM), which works exclusively with mortgage brokers,…

Key insight: Community Financial has agreed to pay $40 million to acquire ClearPoint Federal in Batesville, Indiana. What’s at stake: ClearPoint is a rare bank that has…

Key insight: In a rare move, nonbank lender Enova International plans to acquire Grasshopper Bank, which would allow Enova to leverage Grasshopper’s national bank charter.Supporting data:…

The mortgage and real estate industry is no stranger to disruptors, especially over the past few years as scores of companies have tried to change the…

Just when you thought the 50-year mortgage debate was over, the CEO of the nation’s top mortgage lender has chimed in on the topic.Yes, I know…

Representatives from some of Canada’s largest mortgage lenders say the housing market has held up far better than expected this year. Borrowers have largely adjusted to…

In a bid to expand its reach to even more home buyers, mortgage lender Lower has inked a new agreement with real estate brokerage HomeSmart.This comes…

Key Insight: Some 10,000 cars across the country are at the center of the contention as Tricolor’s bankruptcy case kicks off.What’s at Stake: The subprime auto…

After six years of painstaking development, a small New York bank’s fintech banking operation appears to be gaining traction.The $2.9 billion-asset Medallion Financial originated $305 million…