Walker & Dunlop has arranged $203.5 million in construction financing for 50 Third Avenue, a planned 184-unit mixed-use apartment development in Manhattan’s East Village. The firm announced the financing on October 12, 2026. The project will include 12,529...
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...