Neighborhood Credit Union Partners with FirstClose for Home Equity Growth

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 Becomes a Member of the FHLB of San Francisco

Change Lending, LLC (ā€œChangeā€) 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

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...

Sound Capital announces Robb Kenyon as New President

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...

Milo Originates Record $10 Million in Crypto Mortgage Loans

Milo, a financial technology company that is reimagining the way global and crypto consumers access financial solutions, today announced it has closed a recordĀ $10 millionĀ in crypto mortgages. This milestone achievement demonstrates the strength of Milo’s innovative 30-year crypto mortgage which was brought to market only this past April. The product, which represents the world’s first crypto mortgage offering, makes it easy for crypto investors to utilize their digital assets to purchase real estate inĀ the United...

RealtorsĀ® Chris Eller and Mary Beth Wichlei join The Cassina Group

RealtorsĀ® Chris Eller and Mary Beth Wichlei have joined The Cassina Group, Charlestonā€™s innovation-driven real estate firm. The company has offices in downtown Charleston and Mount Pleasant and continually serves as a leader in Charlestonā€™s real estate market. Both Eller and Wichlei have extensive careers in the real estate industry and vast experience working with buyers, sellers, builders and commercial clients.

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