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Silverstein Seeks $400 Million Office Loan
Quotes on mortgages of $350 million to $400 million are being considered. Even at the higher amount, the loan-to-value ratio would be less than 50%. That puts the assignment in the sweet spot for insurance companies, which compete aggressively for 

Help to Buy lenders in mortgage price war
Help to Buy lenders in mortgage price war Prospective buyers with small deposits are benefiting from a price war among mortgage lenders, say brokers, after the last of the major high street banks launched its 95% deal under Help to Buy. Barclays will offer a fee-free three-year fixed rate at 5

New Mortgage Rules Mean Paperwork For Borrowers, Not A Shutdown On ...
New Mortgage Rules Mean Paperwork For Borrowers, Not A Shutdown On ... The reason: the new rules effectively limit the fee a mortgage broker can charge, which in turn makes loans under a certain cap not profitable for mortgage brokers. “Loans between $110,000 and $160,000 are going to be the ones that are affected,” 

Loanstream Wholesale Adds Multiple Niche Loan Programs Giving the ...
These programs under OCMBC's Wholesale Division, LoanStream Wholesale, are part of the company's portfolio that serves unique needs in the mortgage and real estate market. LoanStream's wholesale lending programs helps Mortgage Brokers serve a 

Morganville New Jersey Mortgage Lenders Brokers - Emergency Report - Don't obtain a mortgage in Morganville, NJ until you watch this special video by mortgage lender and ...

SettlementOne Lands Top Executives: Announces Tom Hurst as CEO and Kelly Taylor as CRO

As its Chief Revenue Officer.

Collectively, Hurst and Taylor possess more than 40 years of leadership experience in the mortgage industry. Their visionary drive, creativity, and strategic thinking will help the company position itself as an industry innovator and leader.

"I love pushing the limits of what people think of when it comes to mortgage solutions providers. It is an honor to lead a team that believes in challenging the status quo and being on the leading edge of change," says Hurst. "I'm also thrilled to have Kelly on board – his passion and drive are unrivaled."

Prior to assuming his new role, Hurst co-founded StreetLinks Lender Solutions, the largest, independent AMC and mortgage technology provider in the country. Under his leadership as President, StreetLinks experienced explosive growth by partnering with 70 of the top 100 US lenders and launching StreetLinksQX automated review technology and LenderX, a SaaS-based appraisal workflow platform. Then in 2014, Hurst directed the sale of the company to Assurant, LLC, a global Fortune 400 company.

Online mortgage lender Lenda raises $5.25 million to fund ...

In a release, the company said that it plans to use the money to fill “key” management positions and invest in improving its software platform.

Lenda launched in 2013, focusing on refinances, and now offers purchase mortgages as well.

Lenda currently services customers in California, Oregon, and Washington, and said that it plans to use the funding to expand its platform to additional states in 2017.

“Our mission at Lenda is to fix the broken mortgage finance system by simplifying the entire process and providing customers with what they want – honesty, simplicity and speed,” Jason van den Brand, Lenda’s co-founder and chief executive officer, said.

“Where middlemen like banks and brokers fail, we succeed,” van den Brand continued. “This new round of funding enables us to further build out our management team and expand our transformative service to more people in more states.”

Neil Wolfson, president of SF Capital Group, said that the company sees potential in Lenda’s lending model, which the company claims has saved more than $750,000 in fees and over $5 million in interest over the lives of the customers’ loans so far.