Breaking News
  • FHA will not cut mortgage insurance premiums

    The Federal Housing Administration released details on the health of its flagship Mutual Mortgage Insurance Fund on Thursday, revealing a positive economic net worth of $34.86 billion and an acceptable ratio of capital reserves at 2.76%. The numbers are markedly better than last year, but FHA Commissioner Brian Montgomery said that doesn’t mean the agency will be reducing mortgage insurance premiums any time soon. Click the headline to read more.

Items Tagged with 'real estate lending'

ARTICLES

  • WSJ: Lennar in talks to sell Rialto Capital to StonePoint Capital

    The largest homebuilder in the U.S. is looking to offload noncore assets
    Lennar is in advanced talks to sell its real-estate lending arm Rialto Capital to StonePoint Capital. According to the Wall Street Journal, the largest homebuilder in the U.S. is trying to shed weight in the face of headwinds dragging on the housing market’s performance.
    Read More
  • Real estate lending platform PeerStreet raises nearly $30 million

    Funding led by new investor World Innovation Lab
    PeerStreet, an online marketplace for real estate-backed loans, boasts some big names among its investors, including Silicon Valley venture capital firm Andreessen Horowitz and Michael Burry, one of the featured players in The Big Short. Now, PeerStreet is adding more names to its investor roster, as the company announced Thursday that it raised $29.5 million in its Series B round of funding.
    Read More
  • Crowdfunding lending platform Groundfloor turns to crowdfunding to raise money, for itself

    Aims to raise $7 million by inviting public to buy shares in company
    Groundfloor, a real estate lending platform that raises its loan funds via crowdfunding from the public, is turning to crowdfunding to raise money for something else – itself. But, the company is not going the Initial Public Offering route via the New York Stock Exchange or Nasdaq. Rather, Groundfloor is launching an online public offering, in which it’s seeking to raise more than $7 million from the public.
    Read More