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Mortgage applications reach pandemic peak
National

Mortgage applications reach pandemic peak

A surge in home mortgage applications has set the bar high for 2021. An index tracking applications to buy homes jumped 8 percent, seasonally adjusted, last week, up from the prior week when it...

Mortgage applications reach pandemic peak
SoFi CEO Anthony Noto (Getty; iStock)
National

SoftBank-backed online lender SoFi eyes IPO

Online lender Social Finance, or SoFi, is the latest SoftBank-backed startup to eye a public offering through a blank-check company. The San Francisco-based company has held talks with several special purpose acquisition companies about...

SoftBank-backed online lender SoFi eyes IPO
Blackstone President and COO Jonathan Gray and Stearns Lending CEO David Schneider (Credit: Getty Images)
National

Blackstone-backed mortgage lender Stearns files for bankruptcy

Stearns Holdings, the parent company of residential mortgage lender Stearns Lending, filed for Chapter 11 protection Tuesday morning after...

Blackstone-backed mortgage lender Stearns files for bankruptcy
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