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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. .”

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Commercial and Multifamily Lending Projected to Climb

Appraisal Buzz

The commercial and multifamily lending market is poised for significant growth in 2025, with borrowing and lending expected to increase by 16% year-over-year. Multifamily lending, which is included in the total figures, is also expected to rise by 16%, reaching $361 billion in 2025 compared to $312 billion the previous year.

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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. Guaranteed Rate Affinity was formed in 2017 through a partnership between Rate , formerly branded as Guaranteed Rate , and Anywhere Real Estate , formerly known as Realogy.

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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.

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Cornerstone Capital Bank launches community lending division

Housing Wire

Cornerstone Capital Bank , a national mortgage originator and servicer, is launching a community lending division to serve underserved communities, the company announced this week. ” The Community Lending Division will offer mortgage programs and products tailored to benefit underserved borrowers.

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Mauricio Umansky wants the real estate industry to ignore the ‘noise’ around the NAR settlement

Housing Wire

In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a real estate agent trade group that aims to serve as an alternative to the National Association of Realtors (NAR). Jeff Andrews: You and Jason Haber recently launched the American Real Estate Association, a trade group alternative to NAR.

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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. What does this mean for the residential real estate sector and how business-purpose mortgage lenders are trying to expand?

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