Tagged: mortgage

LendInvest Receives Highest Credit Rating from ARC

Commercial mortgage marketplace lender LendInvest saw its ARC Ratings affirmed receiving a Limited SQ1 Servicer Quality rating, with stable outlook. Revealed last Friday, ARC stated; “LendInvest, the mortgage marketplace lender, was previously accorded a public SQ1 Servicer Quality rating on 23rd June 2015. Over the past… Read More

LendInvest Acquires £40 Million Warehouse Facility from Macquarie

LendInvest, the leading property marketplace lending platform, has received a £40 million warehouse facility from Macquarie.  The funding will be dedicated to bridge  and buy-to-let loans. The financing from Macquarie brings institutional investment for LendInvest to £230 million.  Macquarie, based in Sydney Australia, is a… Read More

Brief: LendingHome Funds Over $550M in Loans & Launches Investor Platform

On Monday, mortgage marketplace, LendingHome, announced at LendIt 2016 that it has funded over $550 million in mortgage loans and grew loan originations six times in 2015 vs. 2014. LendingHome notably serves borrowers looking for financing to purchase or refinance residential real estate properties. At the same time, it serves… Read More

Mike Lobanov: “There will be no boundaries on P2P lenders to conquer the mortgage market”

Peer to peer (marketplace) lending is poised to supplant all types of debt markets. While many platforms have focused on the low hanging fruit of providing consumer credit, online lending will someday soon be the norm across many verticals.  In the UK, the mortgage market… Read More

Caregiver Mortgage Helps Relatives Crowdfund Home Equity Lines of Credit

A new type of mortgage launched by National Family Mortgage, a Massachusetts-based marketplace for peer-to-peer loans, is offering a homeowner’s own family, rather than a bank, the chance to receive tax-free cash borrowed against a home equity line of credit (HELOC), according to a recent story in the Washington Post…. Read More

Brief: Peer to Peer Platform, eMoneyUnion, Confirms Regulatory Status of Crowdfunded Consumer Secure Loans

Since launching its peer to peer platform for consumer secured loans, there has been press and in-depth regulatory dialogue, leading to re-confirmation, to all borrowers and lenders that eMoneyUnion do not carry out FCA regulated mortgage activities. The loans originated and transacted on the platform… Read More

Lehman Brothers Subprime Loans being Crowdfunded by American Homeowner Preservation

Lehman Brothers used to be one of the largest, most successful investment banks in the country.  At the beginning of the financial crises Lehman collapsed as the strain of subprime loans tanked in value.  Lehman filed for bankruptcy in 2008 and remains in the courts… Read More

Can crowd funding replace a bank mortgage?

A young Israeli couple is raising the money to build their new home using crowdfunding, a method that until now was used mostly by politicians and celebrities. On Thursday Linoy and Ohad Rotem registered their “Social Justice House” as a project on the Headstart website,… Read More

Send this to a friend