by mdibrino@hqmloans.com | Apr 3, 2023 | Uncategorized
Figure Lending, an indirect subsidiary of Figure Technologies, is preparing a $236.7 million securitization deal backed by recently originated revolving home equity lines of credit (HELOCs). The portfolio included 3,568 HELOC loans, which were originated by Figure and...
by mdibrino@hqmloans.com | Apr 3, 2023 | Uncategorized
The rule will also now cover closed-end loans, lines of credit, business credit cards, online credit products, and merchant cash advances by banks, nonbanks, credit unions, and other lenders. The CFPB defined a small business as one with gross revenue under $5 million...
by mdibrino@hqmloans.com | Mar 31, 2023 | Uncategorized
Armed with an economics degree from college, he went straight to it: “I wanted a career path where the harder I worked the more potential I had. Coming out of college, I was full of spit and vinegar and was eager to make a name for myself. “I saw mortgage origination...
by mdibrino@hqmloans.com | Mar 31, 2023 | Uncategorized
CoreLogic chief economist Selma Hepp agreed, saying that “ongoing mortgage rate volatility and the fallout from the most recent banking crisis will likely put a damper on the spring homebuying season, particularly if tightening credit impacts mortgage...
by mdibrino@hqmloans.com | Mar 31, 2023 | Uncategorized
Lumpkin brings extensive knowledge of the residential real estate industry to her new role, having spent nearly 10 years at Lennar. She joined the homebuilder in 2013 as an associate general counsel and was promoted to deputy general counsel in 2021. Before joining...
