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The crucial role of community lending in our nation’s economy

Housing Wire

Mortgage lending, small business loans, and investments in local development projects are all driven by local lenders who know their markets, live in their communities, and have a vested interest in the growth of their economies. The FHLBanks are also key players in affordable housing and community development initiatives.

Lending 390
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Guaranteed Rate Affinity appoints new mortgage lending VP

Housing Wire

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending. Rawls is the latest addition to a leadership team of seven executives at the developing company.

Lending 430
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Certainty Home Lending adds national business development leader 

Housing Wire

Dallas -based Certainty Home Lending , an affiliate of Guaranteed Rate , named Shadi Kamran as its new national business development executive. Certainty Home Lending operates under the umbrella of Guaranteed Rate. Kamran is based in Los Angeles and will support Certainty’s strategy and sales performance.

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The Rise of Multigenerational Housing: Lending Trends and Opportunity

Appraisal Buzz

Multigenerational housing, once a rarity, is now becoming commonplace and reshaping not just how we live, but also how we lend and borrow. For mortgage professionals, this presents a chance to think beyond traditional lending practices and become true financial partners for these families.

Lending 348
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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. Multifamily developments have been picking up with a very strong start.

Lending 358
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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 257
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Ascent Developer Solutions launches to serve construction loan needs

Housing Wire

Ascent Developer Solutions , a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. “We now known as Rithm Capital.