Tremont Mortgage Trust (TRMT) today announced the closing of a $28.0 million first mortgage bridge loan it provided to refinance 1711 Caroline Apartments, a 220-unit multifamily property located in.
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In its first year, Figure launched the fastest home equity line of credit (HELOC) in the market and originated, financed and sold every one of its loans on the Provenance. FHA is being rolled out.
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· Half of the assets of Americans over age 55 is in their home, according to a study by the MacArthur Foundation. If home ownership rates decline, poverty rates among seniors and student loan debt of young adults can be expected to rise, according to Cityscape, a publication of the U.S. Department of Housing and Urban Development
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