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Chris Frankie
Black Knight: July Prepayment Activity Hits Highest Level Since 2016
- Thursday, 22 August 2019
Prepayment activity jumped 26% from June to its highest level in nearly three years and 58% above this time last year as falling interest rates continue to fuel refinance incentive. That's according to Black Knight's “first look,” which is based on its July 2019 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
Read more...Real Estate Startup FlyHomes Raises $141M
- Thursday, 22 August 2019
FlyHomes, a real estate startup with a business model it compares to “a traditional broker with super powers,” has secured a fresh $141 million in debt and equity funding. So reports GeekWire.
Read more...Mutual of Omaha Bank-CIT Deal Leaves Out Mortgage Biz
- Wednesday, 21 August 2019
CIT Group has announced that it is buying Mutual of Omaha’s banking arm, Mutual of Omaha Bank, but the purchase does not include Mutual of Omaha’s mortgage business, Synergy One Lending. So reports TheStreet.
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