Dominion Financial launches third-party origination program for investment properties

Dominion Financial Services, a Baltimore-based private lender with products tailored to real estate investors, has launched a third-party origination program for mortgage brokers, according to an announcement on Thursday.“This marks a significant milestone in the company’s commitment to expanding it
Read MoreGinnie Mae releases anticipated ‘HMBS 2.0’ term sheet

Ginnie Mae on Thursday released a new term sheet for its proposed Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) offering, which is an additional program that the company and reverse mortgage industry alike have referred to as “HMBS 2.0.”Last month at a National Reverse Mortgage Len
Read MoreThis sleepy Texas town is the best for buying waterfront property

The great state of Texas may not be the first place that comes to mind when it comes to buying waterfront real estate, but a little town near Austin has been judged as the best one for it.That’s according to a new study from Virtual Staging AI, which named Lakeway, Texas, as the best location in the
Read MoreDBRS Morningstar reaffirms ‘good’ reverse originator rating for Longbridge

Global credit rating agency DBRS Morningstar this week assigned a “good” rating to Longbridge Financial, reconfirming the ranking the company first achieved in 2021.The rating is officially classified as “MOR RVO2” by Morningstar. The agency noted that in 2023, Longbridge acquired or originated more
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