The expanded platform addresses the most pressing challenges faced by debt brokers: time-consuming lender research, inefficient deal management, and fragmented data tracking. By centralizing these functions in a single, automated platform, Lev aims to significantly increase broker productivity and deal flow.

“Since our earliest days, we consistently heard from brokers about the hours lost to repetitive tasks and disjointed processes and a desire to leverage our platform for that purpose,” said Yaakov Zar, founder and CEO of Lev. “Our expanded platform is a direct response to these requests, providing brokers with the tools they need to focus on what truly matters—closing more deals and building stronger client relationships.”

Lev’s expanded platform offers a comprehensive suite of AI-powered tools that revolutionize how debt brokers operate. The platform dramatically reduces lender research time by providing the industry’s most comprehensive lender database of over 4,000 lending institutions, leveraging AI to help brokers understand every lender’s preferences, historical transactions, and current market activity. Automated deal management features, like AI-generated deal books and task automation, save hours of manual work. The platform centralizes all client and lender information, offering a unified view of deals and communications, and instantly surfaces the most relevant lenders for their specific deal. Real-time market intelligence tools help brokers structure deals more accurately and competitively for their clients.

This expansion represents a significant leap forward, empowering brokers with cutting-edge technology, setting a new standard for efficiency in commercial real estate financing, and enabling them to focus on high-impact activities that drive business growth. Lev’s platform combines powerful tools with bank-level security, allowing brokers to leverage insights while maintaining full control of their proprietary data and client relationships.

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Headquartered in Dallas, TX, Neighborhood Credit Union has 14 branches throughout Texas serving more than 50,000 members. Last year, the credit union launched their home equity lending department and in just 12 months has originated over $1.3 million in home equity transactions. For this relatively new product category, home equity is quickly gaining traction as a reliable contributor to their total mortgage business.

By using FirstClose’s settlement services ordering technology, Neighborhood Credit Union has been able to significantly reduce turn times and increase loan officer productivity while providing exceptional member experience. The integration with MeridianLink Consumer has shifted processors’ time from heavy administrative tasks to building member relationships by reviewing only items requiring attention.

“Last year we officially opened the doors to our home equity department in order to better serve our members who want to access the equity in their homes. FirstClose has been our home equity ordering platform since day one and it’s been a complete game-changer,” said Jacqueline Montanez, Residential Lending Manager at Neighborhood Credit Union. “It’s become our one-stop-shop for everything home equity and has been able to help us expedite our origination process and provide a seamless, end-to-end experience for our members.”

FirstClose Equity is a one-of-a-kind home equity origination solution that reduces operational touchpoints and improves the overall customer experience for borrowers, processors, and underwriters. Automated workflows, including the ordering of settlement services, enable lenders to complete the application through closing process in five to ten days versus the industry average of 45 to 60 days.

“We’re excited to be powering Neighborhood Credit Union’s new home equity business,” said Tedd Smith, Chief Executive Officer at FirstClose. “Our Equity solution will help Neighborhood Credit Union reduce costs and increase efficiency by providing one-click access to order all the necessary property information and services needed to originate home equity loans and HELOCs.”

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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 a diverse range of financial products and services that will bolster its lending capacity and liquidity and allow it to better serve its customers.

“Joining the Federal Home Loan Bank of San Francisco underscores our dedication to empowering individuals and communities through accessible and affordable home lending,” said Carlos Salas, CEO of Change Lending. “We are thrilled to collaborate with the FHLB of San Francisco to enhance our offerings and advance our mission of making homeownership dreams a reality.”

Change Lending’s membership in the FHLB of San Francisco aligns with its strategic goals of fostering economic growth, promoting homeownership, and supporting community development initiatives. By leveraging the resources and expertise of the FHLB, Change Lending aims to strengthen its position as a trusted partner in the financial services industry.

Change Lending is a community development financial institution certified by the United States Department of the Treasury. Change focuses on making home loans to underserved, prime homeowners. Since becoming a CDFI in 2018, Change Lending’s lending has focused on Black, Latino, Filipino, Vietnamese, Disabled, and low-income borrowers, and borrowers who reside in low-income communities.

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The rating validates LoanCare’s comprehensive understanding of the complexities involved in servicing home equity lines of credit (HELOC). Due to the added requirements in second lien operations, knowing what’s required for statements, ensuring interest calculations are accurate, and managing onboarding setup is critical. For customers, it’s about educating them on the options and then providing the support tools they need to successfully manage the various scenarios. For clients, it’s about maximizing the return on their investment in HELOCs. From robust lien, credit and equity monitoring to vigorous fraud and regulatory controls that are best managed by a team of HELOC specialists, LoanCare delivers consistently outstanding service.

“LoanCare has consistently invested in technology and training to enable superior customer service and seamless, compliant HELOC management. Flexible draw, variable rates, promotional rates – our mortgage servicing platform (MSP) handles it all,” said Dave Worrall, President of LoanCare. “In today’s high interest rate environment, lenders are looking for quality, compliant and cost effective servicing support for home equity lines of credit, second liens, and construction loans. We have the technology, processes, and people in place to support these products and more.”

Fitch Ratings is a prominent rating agency that evaluates the viability of investments concerning the probability of default. Its residential mortgage servicing oversight and ratings are based on a variety of factors such as a company’s management, financial conditions, corporate governance, loan administration, defaulted and nonperforming loan management, and technology.

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“I have thoroughly enjoyed my time as Chairman of Voxtur,” said Nick Smith. “I am incredibly proud of the progress we have made and the successes we have achieved together. However, I believe it is in the best interest of the company for me to resign at this time and allow Voxtur to continue to chart its path to becoming a leader in the mortgage technology space. I remain fully committed to the Company and will continue to support its growth and success as a shareholder.”

Following Mr. Smith’s resignation, the Board of Directors has appointed Gary Yeoman as Interim Chairman. Mr. Yeoman brings with him a wealth of experience and expertise in the capital markets and as a corporate board member, having served on the Voxtur board for over 10 years. He has previously served as Executive Chairman prior to being re-appointed as CEO in April 2023. His leadership skills and strategic vision will continue to be instrumental in guiding the company through this transition period.

“I am honored to accept the role of Interim Chairman,” said Mr. Yeoman. “I am committed to continue working closely with the Board of Directors and the management team to ensure continuity and stability during this time of transition. Together, we will continue to focus on driving value for our shareholders and advancing the company’s strategic objectives.”

As Mr. Smith transitions to his new role as a supportive shareholder, the Company expresses its gratitude for his dedicated service and contributions over the years. His insights and guidance have been invaluable, and his continued support will be instrumental in the company’s future success.

Voxtur remains steadfast in its commitment to delivering value to its customers, employees, and shareholders. With Gary Yeoman at the helm, the Company is well-positioned to navigate the challenges ahead and capitalize on new opportunities in the marketplace.

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Kenyon has a storied career with notable positions at Seattle Mortgage, Countrywide, and Bank of America. His leadership has been crucial in guiding companies through acquisitions and expanding into home building. Since joining Sound Capital in 2018, his passion for construction and innovative financing solutions has significantly contributed to the company’s growth and leadership in new construction lending.

Under Kenyon’s guidance, Sound Capital is set to expand its services and further establish itself as the preferred financial ally for midsize home builders in rapidly expanding U.S. markets. Targeting builders facing challenges with traditional bank lending, Sound Capital offers adaptable, profitable financing options to speed construction timelines and boost client profitability.

“I’m deeply honored to assume the President role at Sound Capital,” Kenyon remarked. “It’s a chance to leverage our team’s capabilities and creativity to better meet our clients’ needs, always prioritizing their requirements in our operations.”

Kenyon will spearhead Sound Capital deepening its commitment to exceptional service and broadening its support to more home builders. His dedication to home building and understanding of builders’ entrepreneurial spirit uniquely equip him to lead Sound Capital into a future as a vital contributor to the construction industry.

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Arixa Capital is a leading private real estate lender and investment manager, operating throughout the Western United States. The firm has established a successful track record of generating attractive risk-adjusted returns for accredited and institutional investors by providing bridge, value-add, and construction loans for single family and multifamily real estate projects.

“Arixa is known for its long-term relationships, built over the course of originating more than $3.5 billion in real estate loans,” said Seth Davis, Managing Director of Arixa Capital. “With the support of Oaktree, a premier global investment manager, we will expand Arixa’s capacity to meet the needs of professional real estate investors and developers who continue to generate attractive investment opportunities and require reliable access to capital for their success.”

“As an experienced capital provider in this space, we are thrilled to partner with Arixa Capital and support the expansion of its vertically integrated lending program,” said Jason Keller, Managing Director and Assistant Portfolio Manager of Oaktree’s Real Estate Group. “We are impressed with both Arixa’s historical track record of loan performance and the strategic planning that is driving the company’s future growth.”

The joint venture is designed to provide bridge, renovation, and construction loans across residential and small balance commercial real estate projects. The partnership will focus on urban infill markets, targeting opportunities in California, Arizona, and other Western U.S. markets.

“We are excited to partner with Oaktree and owe this opportunity to the talented real estate investors and developers who partner with us, year after year,” said Greg Hebner, Managing Director of Arixa Capital. “As an independent lender, we have a personal stake in the success of our borrowers. In partnering with them over the past 13+ years, we know what it takes to build their vision: quick decisions, customized solutions, and exceptional service. This new joint venture provides us with significant additional capacity to continue supporting our clients’ financing needs.”

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The Women of Influence program recognizes the outstanding efforts of women in driving the housing economy forward. The honors are given to individuals making notable contributions to their businesses and the industry at large—with a focus on contributions made in the most recent 12 months.

In the last year, Victoria’s contributions have helped conceptualize and develop Guild’s MyPath2Own Dedicated to Lisa Klika, which makes homeownership more accessible through homebuyer education, concierge service and a closing cost assistance grant for those who complete the path. This achievement was made possible through her collaboration with Guild’s product development team, leveraging their expertise to create an innovative and impactful initiative.

Victoria’s dedication to promoting growth within the organization is evident in her approach to talent acquisition and employee retention. Her efforts play a vital role in attracting and retaining diverse employees and fostering an inclusive environment contributing to the organization’s success.

“By fostering an environment of inclusivity and supporting initiatives embracing diversity, we can build a stronger, more dynamic workforce that appreciates a wide range of perspectives and experiences,” said Victoria Garcia DeLuca, vice president of marketplace diversity strategy. “I am honored to be acknowledged for my efforts in promoting diversity and inclusion within Guild and the broader industry. Moving forward, I am committed to working diligently to achieve ongoing success and progress.”

Victoria leads Guild’s participation in the Asian American Real Estate Association of America (AREAA), the National Association of Hispanic Real Estate Professionals (NAHREP), the National Association of Minority Mortgage Bankers of America (NAMMBA), and the National Association of Real Estate Brokers (NAREB). She serves on NAHREP’S corporate board of governors and represents Guild with the Mortgage Bankers Association’s “Home for All Pledge,” the industry’s long-term commitment to addressing racial inequities in housing. She also serves on the board of directors for the Tennessee Latin American Chamber of Commerce (TLACC).

Headquartered in San Diego, Guild Mortgage is a leading national lender with an established history of offering a comprehensive array of loan products and partnering with government organizations to help deliver the promise of home in every neighborhood and community. Guild’s loan professionals can serve the needs of any homebuyer, from helping first-time buyers achieve homeownership, often through government loan programs, to homebuyers looking for a jumbo loan. Guild also helps active duty and retired military personnel who qualify for VA loans with 100% financing and flexible qualifying standards. The company is consistently recognized for its impact in the communities it serves, commitment to customer service, strength in regulatory compliance and workplace culture.

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The post M&T Bank Expands Commercial Real Estate Lending Capabilities first appeared on FinTecBuzz.

Real Quick Capital Principal Steven Ostad brings vertically integrated experience throughout the real estate field, from acquisitions and management to lending and developing. As a direct private lender, Real Quick Capital can customize lending solutions to fit each borrower’s requirements. Servicing anyone with real estate investment needs, they can support an array of property types including single- and multi-family residences, rental properties and ground up construction. Allowing for instant approvals on a mobile device, Real Quick Capital aims to be the go-to ancillary source to real estate brokers.

“The lending industry is poised for incredible growth, and we’ve equipped the Real Quick Capital platform with the right technology to better facilitate this growth,” said Real Quick Capital Principal Steven Ostad. “For years, it has been hard for non-traditional borrowers to acquire capital for investment properties. We are here to reinvent the process, not the wheel in this fast and competitive market. Real Quick Capital is confident with its vision in the private lending sector, pioneering the modern shift in the industry for a client driven experience.”

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