Nina Korman

Tavant, a Silicon Valley-based provider of digital lending solutions, and Acra Lending, a private mortgage lender headquartered in California, have integrated Acra Lending’s digital mortgage experience with Tavant’s Touchless Lending Collateral Analysis. This partnership marks Tavant’s expansion into non-QM lending and an advancement in Acra’s mission to transform into a technology-first business. “As we go […]

Blend, a provider of cloud banking services, has added Assets-Derived Income to its existing Blend Income product. Blend Income is now integrated with Freddie Mac’s AIM Check application programming interface (API). The API, which utilizes Loan Product Advisor (LPA) asset and income modeler (AIM) independent of an LPA submission, enables Freddie Mac-approved sellers and third-party […]

Homeowners and prospective homebuyers of modest means in the Lone Star State have some new options for more affordable borrowing even in the current volatile financial climate. Frost, the subsidiary of Cullen/Frost Bankers Inc., and one of the largest banks based in Texas, has unveiled its Progress Home Equity Loan, designed to offer funding to […]

A new analysis from Zillow shows the housing market has rebounded impressively in 2023 after a short-lived downturn late last year. The total value of the U.S. housing market has surged by more than $2.6 trillion over the past year and is 49% higher than before the start of the pandemic in February 2020. The […]

CoreLogic has released its monthly Loan Performance Insights Report for July 2023 revealing delinquency and foreclosure activity (first liens only against a property). For the month of July, 2.7% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 0.3 percentage […]

Canadian Solar Inc. has completed the sale of its 17.5 MWp Hiroshima Suzuhari operational project, located in Hiroshima prefecture, to a private Japanese fund. The project had been owned by the Japan Green Infrastructure Fund since 2021 and was financed through the issuance of a Green Project Bond with an investment-grade rating. Importantly, it was […]

Avangrid Inc., a sustainable energy company and member of the Iberdrola Group, and Vitol Inc. have reached a major transfer agreement for an estimated $100 million of 2023 production tax credits (PTCs) from eight operating wind farms, totaling 1,134 MW of generating capacity. The agreement marks one of the largest publicly announced deals to-date since […]

GE Vernova‘s Digital business and EnergyHub, a specialist in distributed energy resource management system (DERMS) software, have formed a partnership aimed at redefining how electric utilities manage distributed energy resources (DERs). This includes solar, energy storage, electric vehicles and more, as these technologies are widely adopted across the energy landscape. This partnership combines the advanced […]

The U.S. Department of Energy (DOE) is awarding a combined total of $167.7 million to 11 states, 20 tribal nations and two territories in the eighth round of funding Grid Resilience State and Tribal Formula Grants. Supported by the Bipartisan Infrastructure Law and administered by DOE’s Grid Deployment Office, the grants will help modernize the […]

The U.S. Department of Energy (DOE) and the New York State Energy Research and Development Authority (NYSERDA) have reached a memorandum of understanding (MOU) to facilitate clean energy financing for large-scale renewable projects. The MOU will allow New York State to leverage the DOE Loan Programs Office (LPO) and strengthen the cooperation between federal and […]