Wholesale non-QM lender June Point Lending has expanded its debt-service-coverage-ratio mortgage program to California, bringing its DSCR offering to 19 states and adding one of the country’s largest mortgage markets to its footprint.The company announced the...
Granite Point Mortgage Trust has completed its previously announced 1-for-10 reverse stock split, reducing the commercial mortgage REIT’s outstanding common-share count from roughly 48.2 million to about 4.8 million while a broader review of strategic...
Mortgage point-of-sale provider Floify has named Bryan Traeger general manager, putting a mortgage-technology executive with experience in M&A, lender operations and capital markets in charge of the company’s next phase of product development.Floify said...
Texas homebuyers are getting more time and facing less competition for properties, but the state’s affordability problem is increasingly about the full monthly housing bill rather than the asking price alone.Sixty-nine percent of Texas Realtors surveyed said...
Inside Real Estate is integrating Cotality property intelligence into its Streams artificial-intelligence platform, combining property, ownership and predictive data with agent workflows designed to identify potential buyers and sellers.The companies announced the...