Lev Expands Digital Platform to Support Debt Brokers in Commercial Real Estate Financing
September 11, 20244 min
AI-powered solution streamlines lender discovery and data management for debt brokers
FirstClose, Inc., a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced that Neighborhood Credit Union is using its FirstCloseā¢ Equity solution’s settlement services ordering platform to streamline its home equity lending operations. Headquartered inĀ Dallas, TX, Neighborhood Credit Union has 14 branches throughoutĀ TexasĀ serving more than 50,000 members. Last year, the credit union launched their home equity lending department and in just 12 months has originated overĀ $1.3 millionĀ in home...
Change Lending, LLC (āChangeā) proudly announces it has become a member of the Federal Home Loan Bank (FHLB) of San Francisco as of May 6, 2024. This milestone marks a significant step forward in Change Lending’s commitment to serving underbanked and underserved borrowers and communities. The FHLB of San Francisco is a vital financial institution dedicated to providing reliable liquidity, funding, and support to its member institutions. As a member, Change Lending gains access to...
LoanCareĀ® Secures Fitch Rating for Second Lien Products
April 15, 20243 min
LoanCareĀ®, LLC, a top U.S. mortgage subservicer, announced that Fitch Ratings has assigned the company the U.S. residential primary servicer for specialty Closed-End Second Lien products rating of RPS2+; Outlook Stable. In addition, Fitch affirmed LoanCare’s U.S. residential primary servicer for Prime product and specialty subservicer ratings at RPS2+ in 2023, reflecting the company’s strong focus on advancing processes and providing subservicing excellence. The rating validates LoanCare’s comprehensive understanding of the complexities involved in servicing...
Voxtur appoints Gary Yeoman as Interim Chairman
March 11, 20245 min
Voxtur Analytics Corp., a technology company creating a more transparent and accessible real estate lending ecosystem, announces that Gary Yeoman has been appointed as Interim Chairman of the Voxtur Board, effective immediately. Mr. Yeomanās appointment follows the resignation of Chairman Nick Smith who has served diligently as Chairman, providing invaluable leadership and guidance to the Company since joining the board December 31, 2022. While Mr. Smith will continue to be a supportive shareholder, he has...
Sound Capital announces Robb Kenyon as New President
February 19, 20243 min
Sound Capital, a leader in private real estate lending, is thrilled to announce the promotion ofĀ Robb KenyonĀ to President. With an impressive career spanning over 30 years in finance, especially in mortgage and construction financing, Kenyon is poised to lead Sound Capital toward unprecedented growth, with a special focus on the evolving needs of home builders. Kenyon has a storied career with notable positions at Seattle Mortgage, Countrywide, and Bank of America. His leadership has been...
Arixa Capital announces Strategic Joint Venture with Oaktree
August 25, 20234 min
Arixa Capital Advisors, LLC (“Arixa Capital” or “Arixa”) announced the launch of a $100MĀ strategic joint venture, with the ability to upsize in the future, with funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to originate senior secured loans backed by residential and commercial real estate. Arixa Capital is a leading private real estate lender and investment manager, operating throughout theĀ Western United States. The firm has established a successful track record of generating attractive risk-adjusted returns...
Victoria Garcia DeLuca named 2023 Woman of Influence
August 11, 20235 min
Victoria Garcia DeLuca honored by HousingWire for her leadership and professional excellence in the mortgage industry
Based in New York City and Led by Brooke Cianfichi, the Commercial Real Estate (CRE) Innovation Office Brings a Wide Range of Expertise to CRE Financing
Real Quick Capital Launches New Lending Platform
March 25, 20223 min
Real Quick CapitalĀ today announced the launch of its direct private lending platform that offers family office flexibility with institutional lending capabilities. Providing nationwide services, Real Quick Capital addresses the shortcomings of today’s traditional lending industries with its innovative, tech-driven process that delivers real-time term sheets to investors within minutes of being on their site. Leveraging national real estate relationships and capital markets expertise, along with proprietary technology, Real Quick Capital provides a client driven lender...