A $35.83 million construction financing package has closed for Somerset Phase II, a planned 170-apartment project in Philadelphia’s Port Richmond neighborhood, according to an October 13 announcement from D2 Capital Advisors.The package includes a $19.87 million...
Optimal Blue is moving further into the front end of mortgage origination. The pricing and capital-markets technology company said Monday it acquired Usherpa, a mortgage marketing automation provider whose tools help loan officers maintain contact with prospects,...
The Mortgage Bankers Association is launching a professional-development program aimed directly at loan officers, including originators whose employers do not belong to the trade group.MBA Homebase was announced Monday at the association’s annual convention in...
Mortgage lock desks using Optimal Blue’s pricing system can now submit eligible best-efforts commitments to Fannie Mae without entering the loan again in the agency’s separate whole-loan portal, the company announced Monday. The connection links Optimal...
Joe Tyrrell, chief executive of mortgage technology provider Optimal Blue, has joined the Mortgage Bankers Association’s board of directors for the association’s 2027 membership year. Optimal Blue announced the appointment October 11 and said Tyrrell was...
Builder Confidence Falls to 14-Year Low as 43% Cut Home Prices
Buyers Gain Negotiating Power, but Higher Rates Erase $22,000 in Homebuying…
