UHM adds $1B in lending capacity with NRL Mortgage acquisition
Houston-based Nations Reliable Lending, which does business as NRL Mortgage, sponsors 44 mortgage loan originators working out of 27 branch locations in 10 states
by Matt Carter Mar 4
UHM revamps leadership team to support growing national footprint
Ohio-based Union Home Mortgage boosted capacity by acquiring Amerifirst Home Mortgage. New divisional leadership structure supports a 'rapidly expanding, nationwide footprint'
by Matt Carter Apr 23
Ribbon suspends cash offer service, working on new tools for spring
The New York-based power buyer had been purchasing homes on behalf of RibbonCash clients who were unable to close a deal with their own financing
by Matt Carter Nov 11
Ribbon expands footprint in Arkansas, Colorado and Illinois
In Hot Springs, Arkansas, Ribbon will work with agents at Crye-Leike, which also partnered with Ribbon when it launched services in Alabama
by Matt Carter Oct 5
Ribbon back in expansion mode with push into Illinois and Michigan
Less than 2 months after layoffs, the power buyer is now in 17 states and says it's still on track to meet a goal of being operational in half of the US by the end of the year
by Matt Carter Sep 15
Congress closer to prodding VA to update appraisal requirements
The Department of Veterans Affairs allows desktop appraisals when borrowers put 20% down, but nearly 90% of VA-backed loans are made to homebuyers who put zero down
by Matt Carter Sep 15