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Mortgage, US Real Estate

OCC warns banks against asset-depletion loans

By Mike Wheatley | September 4, 2019
The Office of the Comptroller of the Currency is asking banks to maintain strict lending standards for a kind of unconventional mortgage that’s focused on the borrower’s assets. According to the federal regulator, so-called asset-depletion loans are growing fast in the subprime lending market. These loans let borrowers draw upon their assets, instead of their […]
Crowdfunding, Real Estate Investing

GROUNDFLOOR, a crowdfunding lending platform, raises $4.2M in funding

By Mike Wheatley | October 3, 2018
Real estate lending platform GROUNDFLOOR recently raised an extra $4.2 million in funding, bring its total amount raised $6.2 million in the last two years.
Investing, Mortgage

7 Questions to Ask Hard Money Lenders

By Jamie Richardson | April 20, 2018
Borrowers are often required to consider every advantage and disadvantage of loans, especially those from hard money lenders. If you are considering a hard money loan,
Mortgage, Real Estate, US Real Estate

Lenders are easing standards, making it easier to obtain a mortgage

By Mike Wheatley | September 28, 2017
Government-backed mortgage services Fannie Mae says that lenders are easing their standards for consumers to qualify for a mortgage.
Industry Technology, Real Estate Technology, US Real Estate

Online mortgage application processor Blend raises $100M in new round

By Mike Wheatley | August 25, 2017
A San Francisco-based startup called Blend that aims to simplify the mortgage application process has just raised a hefty $100 million funding round to help it achieve that goal.
Featured News, Residential, US Real Estate

Dodd-Frank Act set to be overhauled following House vote

By Mike Wheatley | June 12, 2017
The House voted on Thursday to roll back many of the banking rules under the Dodd-Frank Act of 2010, which increased regulatory oversight of financial institutions.
Real Estate, Real Estate Investing, US Real Estate

The US Real Estate Lending scam network

By Guest Author | August 9, 2016
The US real estate market has always offered opportunities for both foreign and domestic developers and Investors.
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