Items Tagged with 'Iowa'

ARTICLES

  • D.R. Horton boosts Iowa homebuilding business by acquiring Classic Builders

    D.R. Horton will pay $60 million for acquisition
    D.R. Horton is set to grow its homebuilding business in the state of Iowa, as the homebuilder announced Tuesday that it acquired Classic Builders, one of the largest homebuilders in Des Moines. According to D.R. Horton, it expects to pay approximately $60 million in cash for Classic Builders and its homebuilding assets.
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  • Historic Iowa military barracks transformed into affordable housing community

    LIHTC used to convert Fort Des Moines to housing
    A lot of people may not know about Fort Des Moines, but the Iowa military base has significant historical value. The Iowa installation was the site where black Americans were first trained to be military officers during World War I, and now, part of the historic area has been preserved, restored and converted into a 142-unit affordable housing community, thanks to a novel approach from a leading affordable housing developer.
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  • LenderClose celebrates recent investment with Next Level Ventures

    The funding allows the fintech startup to add 25 employees
    Digital underwriting platform LenderClose recently celebrated its latest investment from Next Level Ventures, a venture capital firm that invests in growing companies based in Iowa. The celebration took place May 16 with an after-hours launch party in Des Moines. The startup welcomed media, strategic partners, investors, community lender clients and Iowa Gov. Kim Reynolds made an appearance.
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  • Digital lending platform LenderClose secures new investment to power growth

    Iowa-based company will hire 25 new employees
    LenderClose, a digital lending platform for credit unions and community banks, is ready to plot the next stage of its growth thanks to a new investment from Next Level Ventures, a venture capital firm that invests in growing companies based in Iowa. The company did not make the specific financial details available, but the company said that it plans to use the money to hire 25 new employees.
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  • CoesterVMS hires former Iowa regulator

    Toni Bright joins as chief compliance offer
    With more than 10 years of experience in real estate and compliance, Bright will be responsible for Coester's compliance department and assume far-reaching responsibilities for state licensing, regulatory exams, privacy, quality control, fraud, consumer complaints, pending legislation, TILA, RESPA and GLB.
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  • Ocwen cutting 10% of U.S. workforce

    Cutbacks at Waterloo, Iowa facility part of cost-cutting initiative
    As part of its previously announced cost-cutting initiative, Ocwen Financial announced Thursday that it intends to reduce the size of U.S. workforce by 10%. And while it was not an easy decision for the servicer to make, the CEO said it was necessary to ensure long-term success.
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  • Court of Appeals rules for MERS in lawsuit from Iowa county

    County claimed MERS withheld recording fees
    MERSCORP is now two-for-two in legal challenges accusing the company of withholding recording fees from local governments when a mortgage is assigned. First it won versus a group of Minnesota counties, and now MERS has won again against an Iowa county.
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