The platform is designed to help foreign investors purchase homes remotely. The new offering comes at a time when foreign investment in the U.S. housing market is shrinking.

Voxtur and Deephaven team on mortgage pipeline technology; CMG Mortgage to use FICO Score 10 T; Riskspan analyzes RTLs; ex-CEO of Genesis Capital launches new lending company.

A new issuance from GreenSky adds to a growing securitized home-improvement loan market.

Some lenders are ramping up hiring in anticipation of a cut in interest rates later this year. However, some observers don’t believe a rate cut will boost originations enough to warrant rising headcounts.

The jumbo originator and seller saw its profits decline some from the first to the second quarter.

The lender’s new Loan Lift program tracks data such as rent payments and peer-to-peer payment app transactions for mortgage underwriting.

Growth in the AI and cloud computing space could push some share of data-center financing outside of MBS and ABS.

KBRA has downgraded six tranches from LendingPoint ABS issued between 2021 and 2022.

Issuance grew 2.8% on a sequential basis to $9.62 billion in the second quarter of 2024.

Investors are increasingly turning to the mortgage market to fund their home purchases rather than paying all cash.