Defy Mortgage targets non-QM lending market
Defy Mortgage said it takes a “holistic approach” to evaluating a homebuyer’s entire asset portfolio, including cryptocurrency and bitcoin.
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Defy Mortgage said it takes a “holistic approach” to evaluating a homebuyer’s entire asset portfolio, including cryptocurrency and bitcoin.
Many have called for a heavy analysis if not an outright denial of the transaction by the government, but this could finally move the needle, said former Obama Administration official and former head of the MBA David Stevens.
Figure Technologies planned to acquire an unnamed, mid-sized mortgage bank via a SPAC deal. That's no longer possible.
Figure Acquisition Corp. I, a blank check company affiliated with fintech Figure Technologies, plans to merge with a warehouse lender and bank holding company to potentially bring blockchain technology to the financial institution.
A special purpose acquisition company is merging with a bank as its affiliated startup still lacks its own national bank charter.