Mortgages

Mortgage fin-tech Blend celebrates $40M Series C

Mortgage fin-tech Blend celebrates $40M Series C

Silicon Valley startup Blend has raised $40 million in Series C funding. Founders Fund led the round, while existing investors Lightspeed Venture Partners and Formation 8 also participated. Funds are earmarked for talent acquisition and marketing. Timing of the funding round is perfect, as the mortgage ...

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SoFi closes $300 million securitization

SoFi closes $300 million securitization

SoFi, a leading marketplace lender, has completed a $300 million-dollar securitization of refinanced education loans. Their third securitization in the last year, the funds allow SoFi to lower borrower rates and expand into other areas. The transaction received high marks ...

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The Daily Dig for Friday, Oct. 17

The Daily Dig for Friday, Oct. 17

So a former Fed Chair walks into a bank…and comes out empty-handed.  Stop us if you’ve heard this one before. Bernanke can’t refinance mortgage True story.  And some say nothing is wrong with the current lending climate?  Prashant Gopal has ...

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The Daily Dig for Thursday, Oct. 9

The Daily Dig for Thursday, Oct. 9

Microlenders carving niche with American unbanked It may have a little to do with payday lenders charging 400% annual interest, but there are more reasons why microlenders are finding eager customers among America’s millions of unbaked adults, according to this ...

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The Daily Dig for Wednesday, June 4

The Daily Dig for Wednesday, June 4

These are the Daily Digs we love.  Chock full of goodies exploring the crowd’s potential to change the world, including Don Cheadle’s efforts to bring Miles Davis to the big screen.   Walmart to offer new, ‘safer’ credit card through ...

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