A Virginia-based retail lender which generated hundreds of millions of dollars of origination volume annually since 2022 has shuttered. Processing Content City Lending CEO Jorge Campodonico shared the news Wednesday on LinkedIn, and the company’s website this week stated it was no longer conducting business. The independent mortgage bank reported $446 million in origination volume […]
Virginia-based City Lending shuts down Read More »
Ownwell, a fintech platform designed to assist homeowners with property tax appeals, completed a Series B round, the latest 2026 funding announcement for companies focused on finding homeownership savings. Processing Content The $50 million raise for the Austin, Texas-based company included $30 million of equity in the round, which was led by Alpha Edison and
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A portfolio of first-lien, fixed-rate and prime residential mortgages will secure $321.2 million in residential mortgage-backed securities (RMBS) from the GS Mortgage-Backed Securities Trust 2026-PJ2 (GSMBS 2026-PJ2). Processing Content The capital structure includes a long series of class A notes—mostly ‘AAA’ rated—and B notes, all of which had a final scheduled maturity of August 2056,
Prime mortgages secure a $321.2 million RMBS from Goldman Read More »