The Federal Trade Commission (FTC) announced it will send $3 million in payments to consumers impacted by Ygrene Energy Fund, a home improvement financing company. According to the FTC’s October 2022 complaint, Ygrene and its network of door-to-door contractors...
Dunmor, a Los Angeles-based nationwide direct lender in residential transition loans, has launched a wholesale broker division. According to the company, the new division will enable wholesale mortgage brokers to offer residential transition loans to their clients....
Capital One Financial Corp. (NYSE: COF) will be shutting down the home equity lending business run by its recently acquired Discover operations. The website for Discover’s home loans business carries a statement that reads, “Discover Home Loans is no longer accepting...
Slate Asset Management, a Chicago-headquartered investor and manager focused on real estate and infrastructure assets, has acquired a six-property, 1,600-unit multifamily portfolio for $226.5 million. The properties in the portfolio are garden-style apartments...
The Alternative & Direct Investment Securities Association (ADISA), the trade association for the alternative investments industry, announced the appointment of Jade Miller to the newly created role of CEO. Miller previously served as the president of ADISA’s...
The housing market is witnessing both a rise in active inventory and a simultaneous increase in the number of homes being pulled off the market. According to the Realtor.com June Housing Trends report, the active inventory soared 28.1% year-over-year to over 1 million...
