A new $100M credit facility with Texas Capital Bank will enable vacation home loans to be originated by a 3rd party, then securitized and sold to investors in non-qualified mortgages
Common Securitization Solutions (CSS) has rebranded as US Fin Tech and will look to provide technology and business solutions to companies in addition to its owners
Since launching in 2021 as the 'Stripe of real estate,' Setpoint has expanded into additional asset-backed lending lines including auto, consumer and small business
Kiavi has packaged up more than $5.1B in 'residential transition loans' for sale to investors. The latest deal — the first to be evaluated by a credit rating agency — was bumped up to $400M
Kiavi upsizes its 16th securitization to $350M and says oversubscribed offering is company's biggest since November 2021, bringing total issuance since 2019 to $4B
DBRS Morningstar's rating of $224M securitization by Unlock and Saluda could boost investor appetite for agreements that let owners cash out equity in exchange for a stake in their home
Public.com, Hustle Fund, 500 Global, VU Ventures, Graphene VenturesPublic.com, Hustle Fund, 500 Global, VU Ventures and Graphene Ventures all contributed to the funding extension
After unloading $218M in unrated residential transaction loans in June, CEO Michael Bourque said markets for such deals 'are certainly tough right now'
Homeowners in 18 states and Washington, D.C. can tap up to $500,000 in home equity by selling a share of their future home price appreciation to investors
With co-sponsor Redwood Trust, Inc., Point has completed the first-ever securitization backed solely by residential Home Equity Investment agreements
Commentary: Agreement on the real story of the meltdown needed to restore credit
Former Treasury official warns US creeping toward nationalization of mortgage market
Fannie, Freddie would be barred from investing in encumbered loans
Feds allege fake mortgage loans helped topple Colonial Bank
Real estate industry seeking amendments