Beeline, Providence, R.I., a digital start-up mortgage lender, completed a Series A round of financing for an undisclosed amount. The capital will be invested in automation and artificial intelligence to improve the user experience for borrowers.
Tag: Ginnie Mae
Industry Briefs Nov. 17, 2021: nCino to Acquire SimpleNexus for $1.2 Billion
nCino, Wilmington, N.C., announced it will acquire SimpleNexus, Lehi, Utah, for $1.2 billion.
MISMO Commends Ginnie Mae Extension of Digital Collateral Program to Paper Mortgages
Ginnie Mae, Washington, D.C., issued an All-Participants Memorandum (APM 21-07) expanding use of certain features found in its digital collateral program to paper mortgages, a move expected to make it more efficient for Issuers to modify paper mortgages.
Industry Briefs Nov. 12, 2021: Ginnie Mae October MBS Issuance Tops $69B
Ginnie Mae, Washington, D.C. reported mortgage-backed securities issuance volume for October rose to $69.36 billion. It said 253,996 homes and apartment units were financed by Ginnie Mae guaranteed MBS.
Industry Briefs Nov. 5, 2021: Pretium Acquires Anchor Loans
Pretium, New York, a specialized investment management firm with $30 billion in assets, acquired Anchor Loans LP, a provider of financing to residential real estate investors and entrepreneurs
Industry Briefs Nov. 4, 2021: Pretium Acquires Anchor Loans
Pretium, New York, a specialized investment management firm with $30 billion in assets, acquired Anchor Loans LP, a provider of financing to residential real estate investors and entrepreneurs
Industry Briefs Nov. 3, 2021: Pretium Acquires Anchor Loans
Pretium, New York, a specialized investment management firm with $30 billion in assets, acquired Anchor Loans LP, a provider of financing to residential real estate investors and entrepreneurs
Industry Briefs Oct. 13, 2021: Ginnie Mae Reports Record Fiscal Year MBS Issuance
Ginnie Mae, Washington, D.C., reported mortgage-backed securities issuance volume for fiscal year 2021 grew to a record $939 billion, with issuance for September coming in at $73 billion.
MBA Letter Urges Banking Committee Approval of Alanna McCargo to Head Ginnie Mae
Ahead of a confirmation hearing Thursday morning, the Mortgage Bankers Association sent a letter to the Senate Banking Committee in support of Alanna McCargo, the Biden Administration’s nominee for President of Ginnie Mae.
Biden Nominates Alanna McCargo to Head Ginnie Mae
The Biden Administration on Monday nominated Alanna McCargo as President of Ginnie Mae.