Fidelis Investors has closed its third rated residential transition loan (RTL) securitization, a $143.925 million deal backed by 330 loans originated by 29 lenders, the company announced Friday. The transaction, FIDL 2026-RTL1, is a two-year revolving securitization rated by Morningstar DBRS. The origination of the underlying RTL collateral was completed by Unitas Funding LLC, a…
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The lopsided vote to approve the measure was a rare bit of election-year bipartisanship on a major affordability issue, but G.O.P. disputes and President Trump’s disinterest have left its fate uncertain.
Reverse mortgage lender Longbridge Financial this week introduced RetentionIQ, a program designed to protect the loan pipelines of broker partners by addressing the persistent tension between retail and wholesale businesses at multichannel lenders. Previously, partners had to contact Longbridge directly if one of their borrowers was approached by the lender’s retail team. In these cases,…
The Connecticut Association of Realtors (CT Realtors) and Connecticut-based Smart MLS, as well as Arizona-based West and Southeast Realtors of the Valley (WeSERV), have all been dismissed from the Zea lawsuit. Florida-based U.S. District Court Judge William Dimitrouleas dismissed the three defendants from the lawsuit on Thursday after adopting and approving Magistrate Judge William Matthewman’s…