Better Home & Finance, the parent company of Better.com, is partnering with Coinbase to launch token-backed down payments for conforming mortgages. Processing Content Americans who qualify for a mortgage with Better will be able to use Bitcoin or USD Coin as collateral to fund their down payment through a private loan, the company announced in […]
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A large pool of mortgages on investment residential properties will secure $296.2 million in residential mortgage-backed securities (RMBS) through the transaction named DRMT 2026-INV2. Processing Content RCF III TRS is the deal’s sponsor and Deephaven, which focuses on originating and acquiring non-traditional home loans. Selene Finance will service the entire pool, which also received third-party
Mortgage pool attached to Deephaven secures $296.2 million in RMBS Read More »
Shortly after announcing a merger agreement with retail lender CrossCountry Mortgage, Summit Funding said it will permanently eliminate 163 positions across the company. Processing Content The Sacramento, California-based home lender informed state officials in a mandatory Worker Adjustment and Retraining Notification filing dated March 19, just one day after the merger was officially announced. The
Summit lays off dozens in wake of CrossCountry deal Read More »