Kind Lending appoints Brett Stubbs as CFO

Kind Lending announced on Thursday that Brett Stubbs was appointed as the company’s chief financial officer. Stubbs’s appointment, effective Oct. 9, is a part of a planned transition plan involving Gary Fabian, who served as CFO since the company’s founding in 2020. Fabian will retire at the end of
Read MoreSmarter infrastructure funding strategies for homebuilders

Adding up the new math of paying for growth As U.S. homebuilders and residential developers continue to navigate high carrying costs, affordability headwinds, and cautious consumer sentiment, a strategic reckoning is underway. Teams are retooling cost models, tightening assumptions, and searching fo
Read MoreAD Mortgage opens $417M securitization to investors

Florida-based AD Mortgage, which specializes in nonqualified mortgages (non-QMs) for self-employed borrowers and real estate investors, on Thursday announced the launch of a $417.15 million pool of residential mortgage-backed securities (RMBS). The transaction is the 28th issued by the company that
Read MoreWhy it’s too easy to say ‘no’ to new-home development in America

It’s homebuilders’ last push, and their business and channel partners operate through friction on every front. Scarce, costly capital Slow approvals and entitlement drag Workforce constraints and generational handoffs Climate-driven costs and insurance uncertainty Buyer fear, hesitation, and confusi
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