Understanding Today’s Connected Borrower

Sign up for this webinar to learn how to transform the borrower journey from transaction to relationship and gain a significant lift in production in today’s digital lending environment.

The unique challenges facing minority first-time homebuyers

In this episode, we interview Timothy Demry, a real estate agent in San Francisco’s Bay Area, about his experience serving minority first-time homebuyers.

How modernized servicing creates customers for life

Servicers must be powered by nimble technology to be heroes to borrowers, stalwarts to investors, and stewards of consumer protection to regulators.

Savvy lenders are already preparing for the next valley – Here’s how

Despite increased rate of tech adoption, the industry still has room for continued tech development and usage. Read here to learn more about key technologies that lenders need to give more attention to.

InvestmentsMortgage

2017 HW Tech100 Winner: LendingHome

Online platform offers short-term loans to property investors who buy, rehab and sell

Tech100 2

LendingHome

 

LENDING, SERVICING, INVESTMENTS

LendingHome focuses on providing short-term loans to property investors who buy, rehabilitate and sell residential homes.

After submitting basic information to the company’s online platform, borrowers can receive their rate in 60 seconds, complete their application in 20 minutes, and close in under 15 days.

Investors can access LendingHome’s marketplace with a minimum opening balance of $50,000 and a minimum investment of $5,000. Investors benefit from fractional notes backed by mortgages that yield upwards of 9% on average.

Investors can either browse the marketplace and select individual investments or set criteria and diversify automatically through an auto-invest feature.

Since it launched in April of 2014, the company has funded nearly $1 billion in mortgage loans and has returned over $410 million in principal and $35 million in interest to investors. 

lendinghome.com

 

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Fannie Mae celebrates Single-Family Green MBS milestone

A year after issuing its first Single-Family “Green” MBS on Earth Day 2020, Fannie Mae has now completed 25 transactions for the program, totaling $167 million in bonds backed by mortgages on newly constructed, energy-efficient homes.

Apr 22, 2021 By
3d rendering of a row of luxury townhouses along a street

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