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Spruce Partners with FirstFunding s FlexClose to Improve Loan Funding Process New Process Extends Funding Times; Instills Confidence in Closing News provided by Share this article NEW YORK, March 16, 2021 /PRNewswire/ Spruce, the proptech company powering online real estate transactions through technology, today announced its integration with FlexClose™, a warehouse financing service from FirstFunding®. FlexClose Funding is a new process that enables certainty of funds, extended funding times and cost savings for both lenders and borrowers. The partnership with FlexClose Funding follows Spruce s other industry innovations and offerings, including shortening transaction times by 25% and saving homeowners up to 20% on closing costs. ....
REIT, MLO, Bus. Dev. Jobs; Warehouse, MI, AMC, HELOC Products; MSRs, the Economy, Servicing, and the CFPB Feb 1 2021, 8:07AM January’s already in the rearview mirror and our industry is keeping an eye on all kinds of things. Like silent movies moving into “the Talkies” in 1927, the Chrisman Commentary - Daily Mortgage News podcast is now live and at any place you obtain your podcasts (like Apple or Spotify). Subscribe or download today, it is a great way to listen to this commentary while you run or row or walk, but with a Millennial slant. (It is a work in progress, meant to increase your knowledge to help you help your clients. Comments or questions should be emailed here.) Home Point’s IPO scaled back? Yup. Are investors potentially interested in buying a lender’s stock while current owners are taking chips off the table, and there are plenty of other lenders already public? Yes. Well, sometimes. Attorney Brian Levy addresses how pu ....