Items Tagged with 'mortgage lending'

ARTICLES

  • LoanSnap raises nearly $5 million to help borrowers get “smart” loans

    Backers include Richard Branson’s Virgin Group, Joe Montana’s Liquid 2 Ventures
    LoanSnap, a tech startup that claims it uses artificial intelligence to help borrowers obtain “smart loans,” announced Tuesday that it raised $4.7 million to expand its offerings. According to LoanSnap, the company’s “smart loans” allow homebuyers to “not only find the best home loan for their unique financial situation, but to also understand and effectively manage overall debt to build a more secure financial future.”
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  • New Fed Mortgage acquiring Commonwealth Mortgage

    Acquisition will allow New Fed to expand into four new states
    New Fed Mortgage, a growing mortgage lender based in Massachusetts, is set to expand its business even more through the acquisition of Commonwealth Mortgage, a direct-to-consumer lender that is also based in Massachusetts.
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  • New American Funding acquires Marketplace Home Mortgage

    Minnesota-based lender does business in 15 states
    New American Funding, already one of the biggest lenders in the nation, is set to expand even more, as the company announced Tuesday that it acquired Marketplace Home Mortgage. Marketplace is based in Minnesota, has offices in Florida, Michigan, New Hampshire, South Dakota, and Wisconsin, and does business in 15 states.
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  • Guaranteed Rate expanding in Hawaii, acquires assets from two lenders

    Buys "certain assets" from Honolulu HomeLoans, Hawaii Lending Alliance
    Guaranteed Rate, already one of the nation's largest retail mortgage lenders, is set to grow its business in Hawaii after the company acquired "certain assets" from a pair of Hawaii lenders. Guaranteed Rate announced this week that it acquired assets from Honolulu HomeLoans and Hawaii Lending Alliance in a deal that will see employees from both companies join Guaranteed Rate.
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