Remove Clients Remove Investors Remove Lending
article thumbnail

Dominion Financial creates AI assistants for real estate investors, mortgage brokers

Housing Wire

On Monday, the company announced the addition of two artificial intelligence-powered assistants to help real estate investors and mortgage brokers. Harvey will assist real estate investors while Donna is for mortgage brokers. “Real estate investors operate in a fast-moving environment.

article thumbnail

Cambridge Wilkinson to launch $100M private lending platform

Housing Wire

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

Lending 300
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector

Housing Wire

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. Apollo has 16 lending platforms in the U.S. Would you say that the majority of these are smaller investors?

Lending 364
article thumbnail

EasyKnock’s defamation suit dismissed in Texas

Housing Wire

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. In 2018, the company raised $3.5

Law 395
article thumbnail

Brookfield takes controlling stake in Angel Oak

Housing Wire

has agreed to buy a majority stake in Angel Oak Companies , the holding company for a non-QM lender and investor that manages more than $18 billion in mortgage assets. AOMC, which tends to lend to self-employed borrowers, has originated north of $30 billion and has issued more than 60 bond securitizations over the past decade.

Investors 311
article thumbnail

Startup Novaprime debuts AI-powered loan platform to massively cut processing time

Housing Wire

Mortgage technology startup Novaprime is making its public debut with the launch of an AI-powered loan platform that it claims allows lenders to sell loans to investors in just days, instead of weeks, all with a high degree of accuracy. Novaprime is starting with post-close quality control functions and working backwards.

Investors 435
article thumbnail

Evernest acquires Poplar Homes and $15M in tech-focused funding

Housing Wire

Evernest already offers services including brokerage , maintenance, renovation, insurance and lending. LL Funds also served as one of Poplar’s investors since the company’s debut in 2014, according to Evernest. Poplar Homes is a leading property manager focused on individual investors and multifamily property owners.