Residential Home Funding Corp., a residential mortgage lender, is now operating as RealFi Home Funding Corp. Recent volume spikes and rapid growth were behind the move, the company said.
“We are entering an unparalleled period in our history,” said Roberto Lupi, president of RealFi Home Funding Corp. “We are leveraging this opportunity to reposition the Company, to create brand awareness and ultimately make RealFi a household name.” The company has created a new logo and website as part of the rebranding.
Tradex Real Estate Investment Trust, a direct portfolio private lender focused on originating, investing and managing commercial real estate loans in major markets throughout the United States, will begin operating as RealFi Real Estate Investment Trust, effective immediately.
Through its subsidiaries, RealFi is an originator of qualified and non-qualified residential home mortgages and through the RealFi REIT, is a direct lender focused on originating commercial real estate bridge loans in major markets throughout the United States.
The AI mortgage startup formerly faced a cease and desist and a consent order from the State of Connecticut.
LoanSnap, Inc., an AI-powered mortgage startup, has had its license to operate revoked in Connecticut, according to a new Consent Order executed by the State's Banking Commissioner, Jorge Perez, on Oct. 2. The news follows LoanSnap's violation of a previous order, enacted in...
Refinance applications still 159% higher on an annual basis, reflecting last year's record lows
In the wake of a positive jobs report and subsequent rise in mortgage rates, more prospective borrowers held back this past week.
Mortgage applications fell by 5.1% the week ending October 4, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applicati...