The Fallon Company

Real Estate Technology, Real Estate Investment

PRnewswire | May 10, 2023

FirstClose, Inc., a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today that America First Credit Union selected its FirstClose Equity™ solution to provide members access to a digital end-to-end home equity product that delivers a best-in-class experience and dramatically cuts down loan application approval times. Industry analysis shows U.S. homeowners with mortgages have seen their equity increase by a ...

WORLD PROPERTY JOURNAL | March 13, 2020

According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage averaged 3.36 percent in early March 2020. As refinance applications continue to surge and lenders work to manage capacity, the 30-year fixed-rate mortgage ticked up from last week's all-time low, said Sam Khater, Freddie Mac's Chief Economist. "Mortgage rates remain at extraordinary levels and many homeowners are smartly weighing their options to refinance, potentially saving thems...

WORLD PROPERTY JOURNAL | February 14, 2020

With the longest global economic expansion on record, international commercial property investors now face an increasingly complex calculus in identifying cost-effective opportunities for potential downturn protection, and slowing cross-border capital flows. Because of such, CBRE is reporting this week that inbound capital to the U.S. dropped 54% in 2019, largely due to a sharp decrease in entity-level sales that tend to be highly volatile from year to year. In 2018, rising U.S. interest rates a...

Brokerage, Real Estate Investment

Businesswire | April 17, 2023

Built Technologies, one of the fastest growing construction and real estate software providers in the U.S., has announced a strategic investment from Citi through its SPRINT program. Citi SPRINT (“Spread Products Investment Technologies”), the strategic investing arm of Citi’s Global Spread Products division (“GSP”), is part of Citi Institutional Strategic Investments (“ISI”). Citi SPRINT focuses on incubating innovative fintech companie...