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.

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.

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.