New York City-headquartered investment firm Pretium Partners announced Wednesday that it has hired two new managing directors as its seeks to bolster its real estate debt strategy. The firm hired Brendan Bosman, a former senior managing director and head of U.S. housing investing at Minneapolis-based Värde Partners, and Karen Kulvin, a former senior managing director…
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Figure Technology Solutions, the parent company of Figure Lending LLC, announced on Wednesday the hiring of Ronald Chillemi as its first chief legal officer and corporate secretary. Chillemi has more than 25 years of experience in regulatory affairs, government relations and compliance across a number of fintech companies and law firms. He also previously served…
Mortgage demand rose slightly last week as mortgage rates moved lower. Loan application volume increased 1.6% on a seasonally adjusted basis for the week ending Aug. 30 compared to the previous week, according to the Mortgage Bankers Association (MBA). The MBA’s refinance index decreased 0.3% from the previous week but was 94% higher than the…
Artificial intelligence is already a tool in Zillow’s search experience, and now the company is adding natural language capabilities to it. Zillow’s existing AI search capabilities already allowed for surfacing homes on the basis of things related to the home itself. Now the AI can search by commute times, affordability and “nearby points of interest.”…