Industry Briefs, Dec. 5, 2024

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Arrival Home Loans Launches New Fund

Arrival Home Loans, Novato, Calif., launched Arrival Fund I, a residential bridge loan lending fund to address demand for short-term bridge loans.

Arrival Home Loans is a division of Pacific Private Money Inc.

The fund provides an opportunity for investors to participate in the current high demand for bridge loans.

Ardley Tapped by University Bank

Ardley, Englewood, Colo., announced that University Bank, Ann Arbor, Mich., has selected it to drive the bank’s portfolio retention strategy.

The bank will use Ardley’s Actionable Data Intelligence platform, which can parse borrower profiles in a servicer’s portfolio and match that data to loan programs offered by the servicer, such as conventional loans, portfolio products and HELOCs.

Then, Ardley automatically reaches out to the borrower to showcase various options. The borrower can use other Ardley tools and features to continue in the process.

Fitch to Host Webinar on Current Trends

Fitch Ratings, New York, will host a webinar Dec. 5 at 2 p.m. titled “U.S. Residential Mortgage Lenders, Key Credit Considerations.”

Topics include the state of the U.S. housing market, shifting appetite and interplay between bank and nonbank lenders, key credit considerations and a preview of Fitch’s 2025 outlook for residential lenders.

For more information or to submit questions, please click here.

STRATMOR Report Outlines Steps for 2025

STRATMOR Group, Denver, released a new Insights Report, previewing topics that will be of interest for lenders in 2025.

The publication pointed to a focus on customer experience, technology return-on-investment and collaboration with multiple vendors as key points heading into next year.

Click here for more.