News Updates

Toorak Connect Achieves $5 Billion in Facilitated Loans

-- AI Powered Loan Funding Platform Provides Improved and Expanded Data, Resulting in Enhanced Credit Decisioning -- -- Proprietary Technology Has Eliminated 57,000+ Work Hours Since 2022 -- Toorak Capital Partners (“Toorak”), a tech-enabled investment manager of business purpose mortgage...

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ICE First Look at Mortgage Performance

Mortgage Delinquencies Continue to Slowly Rise with FHA Performance in the Spotlight The national delinquency rate edged up 5 basis points (bps) to 3.53% in February; that’s up 19 bps from a year ago but still 32 bps below where it was entering the pandemic FHA mortgages accounted for 90% of the...

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Redfin Reports Home Prices Are Rising Fast in the Midwest

Home prices in Milwaukee jumped 20% year over year in February, a bigger increase than any other major U.S. metro. Nationwide, prices rose 3%, and pending sales fell the most since 2023. The Midwest is home to three of the five metro areas where home prices are rising fastest, according to a...

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