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Business-purpose residential mortgage lender Dunmor announced Thursday that it has received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. According to Dunmor, the investment is an extension of an original partnership initiated in June 2024.
Last week, business-purpose residential mortgage lender Dunmor announced that it received a minority equity investment from Newfi Lending , a nonagency mortgage lender owned by funds managed by Apollo Global Management. It’s a complete financing solution that helps us ramp up and scale our production in the BPL sector.
ICE Mortgage Technology — part of Intercontinental Exchange (ICE) – will be offering lenders access to investment advisory advice in its Encompass loan origination system (LOS) through a partnership with Halcyon , a tech firm specializing in advanced data integration. “In
As consumer debt reaches all-time highs and the cost of living continues to escalate, home equity investment fintech Splitero on Thursday announced a purchase commitment from funds managed by asset manager Blue Owl Capital. It was already available in the states of Arizona, California, Colorado, Oregon, Utah and Washington.
On Tuesday, the firm launched Compass Resort, a network for agents in vacation-home markets and clients searching for second homes. ” The resort network will provide agents and clients in these markets with additional support, as buyers and sellers operating in these places often expect a higher quality of service from their agents.
Many of the clients we acquired during that initial marketing campaign remain valued partners today. EW: We have always prioritized service and quality above everything else; striving to make every file a good experience for our clients. By placing consistency at the forefront, our clients can trust us to deliver on every file.
The $15 million investment announced Wednesday from private equity firm LL Funds will help Evernest build a home services platform focused on rental property owners. This comes at a time when the proptech sector is seeing increased investment in automation and AI-powered solutions for property management.
Borrowers will expect a seamless, digital-first experience, and servicers must adapt by investing in advanced technology solutions. Risk Mitigation Strategies Diversifying our client base and loan portfolio helps mitigate risk in the face of economic fluctuations. Next year] will be no different for us.
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Bellevue, Washington-based real estate investment firm Legacy Group Capital announced this week that it has acquired fintech company Rook Capital , a provider of home equity investment (HEI) products through its “Shared Value Investment” brand. Legacy is privately owned and terms of the deal were not disclosed. “As
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Radian Group announced a strategic investment in FinLocker that will closely connect the technology between Radian’s Homegenius platform and FinLocker’s financial fitness and homeownership platform. Clients of FinLocker include loan officers, mortgage lenders, servicers, banks and credit unions.
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According to a new survey from the National Association of Realtors (NAR), in 2024, Realtors indicated that their recent clients choose to move to a certain area mostly to acquire more home for the money (21%), and to be closer to family and friends (30%). While the U.S.
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From client quirks to open-house mishaps, his posts are so relatable that youll swear hes been shadowing your day-to-day. A post shared by The Agency (@theagencyre) Actionable Insights High-quality visuals can elevate your brand and attract more clients Showcase aspirational properties to capture the attention of luxury buyers 2.
He emphasizes the importance of a diverse product portfolio including DSCR and business-purpose loans, to better serve clients. Close one loan for a real estate investor and you have a repeat client for life! Features of this popular loan for real estate investors include the ability to cash-out to buy more investment properties.
was curious about what he was doing as I always looked for ways to improve my client experience.On I say the low end because you treat your clients as lesser when you strip the human element from home-buying. The key is that when used as a tool by experts, AI can result in a fantastic client experience for both the short and long term.
Feldman & Feldman began working with clients throughout Texas to file lawsuits under the truth in lending act against EasyKnock in 2021. According to Feldman & Feldman, EasyKnocks defamation suit forced the law firm to withdraw from the truth in lending suits it was involved in.
The funding is led by Altriarch, a credit asset management company that invests in fragmented markets. RLTYco uniquely combines fintech, insurtech, and professional services and has an infinite addressable market given their rate of reoccurring clients, said Altriarch co-CEO Danielle Brown in a statement. Ventures, SERHANT.s
Action plan: Invest in referral platforms that deliver pre-qualified, high-intent referrals. Implement marketing automation tools to ensure consistent outreach to prospects and clients. Action plan: Develop client-centric processes that make transactions seamless and stress-free.
Rather than chasing every lead that comes in, focus on attracting clients who are genuinely ready to make a move. Investing in technology that automates workflows, streamlines administrative tasks and enhances customer management can have significant benefits. First, you free up your agents to focus on what they do best: closing deals.
The announcement from Connecticut-based RCN said that “the lender is looking to provide even more robust tools for its wholesale clients by investing in a state-of-the-art software platform that they can leverage to grow their businesses.” ” .”
You can network and build community with other agents worldwide, keep up-to-date on the latest industry trends, stay motivated when you’re feeling discouraged, learn directly from some of the top real estate leaders, and even potentially find new clients! Use these groups to find homes for picky buyers or find deals for your investor clients.
billion in the next five years for lending and investments to low- and moderate-income (LMI) clients and census tracts, with 30% of the total tied to mortgage lending. First Financial Bank’s plan also includes investments in small-business lending and donations to organizations that create and preserve affordable housing.
Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. Hometap is among a handful of companies — including Unison , Unlock , Point and Aspire — that offer home equity investments. The annual investment volume in the U.S.
“This marks a significant milestone in the company’s commitment to expanding its reach and fostering partnerships within the real estate investment industry,“ the company said in its announcement. Nonetheless, savvy investors with efficient operations continue to invest.
Together, we’re providing the tools agents need to expand their businesses through advanced marketing and education to elevate client experiences. This approach allows agents to invest in their business and clients without the burden of unnecessary fees,” he added.
Tal and Oren Alexander were superstars among real estate agents in New York City and Miami, having represented ultra wealthy clients at Douglas Eliman before leaving to found Official in 2022. Side declined to comment, citing the case being in active litigation.
SitusAMC a top-of-the-line provider of investment advice, talent solutions, and digital tools offers a rare opportunity for lenders and investors. Lenders and investors can rely on the company for expert-level advice concerning underwriting, investment, securitization, servicing, asset management, and more.
This approach empowers clients to leverage our automation platform alongside their legacy systems without compromising critical data or functionality. We invest heavily in R&D every year, so that the CLARIFIRE platform always reflects the latest technological advancements and industry demands.
per month per user Contract required: Month-to-month Integrations: Popular CRM platforms, lead generation platforms, accounting software Dotloop is perfect for bringing agents, clients, and support teams together on every transaction. Keep agents, clients, and teams connected throughout the closing process with a chat-based platform.
Real estate closing gifts personalize and ultimately strengthen the relationship between you and your client, which can lead to a string of referrals. Dos and dont’s of client gift giving Your clients just closed on a new home or sold their property with you, and its time to celebrate! Clients always on the go?
homeowners are “house-rich, cash-poor,” home equity investment firm Hometap provides clients with a way to tap into their home equity instead of selling their home or taking out a loan. When the home sells or the homeowner settles the investment within the 10-year period. Based on the notion that far too many U.S.
Real Estate “To be successful in real estate, you must always and consistently put your clients’ best interests first. Marine, Author Marketing & branding quotes To build your business, its essential that clients easily recognize you and your brand. ” Ryan Serhant, Broker and CEO of SERHANT. ” Joshua J.
Promoting home equity as a proactive financial strategy for retirement planning and significant life events helps clients plan beyond needs and emergency use. When interest rates and other investments are down, a homeowner can tap into home equity instead of selling investments when they’re down.
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Net cash provided by operating activities a measure of how the business is performing outside of investing and financing activities was $48.7 The company also anticipates launching a version of Leo for clients later this year. It posted a net loss of $26.5 million last year, roughly in line with 2023. Its revenue was $1.3
We recommend investing in three key aspects of your customer acquisition strategy to ensure you have the technology, people and operational workflows needed as rates change and volumes increase. At ICE, we’re investing heavily in creating the industry’s most unified customer acquisition solution as part of our end-to-end digital ecosystem.
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