Digital mortgage-servicing platform Brace has announced another $10 million in Series A funding led by Point72 Ventures, which brings the company’s total funding to $15 million in under two years.

Bill Bodnar of The Mortgage Market Guide discusses why bonds are unable to break above current resistance levels even in the face of highly uncertain events, such as the coronavirus outbreak. He notes there is some chatter about rates going even lower, but in his view, there is also a chance they could go higher. This is something mortgage industry professionals need to be mindful of as they watch their pipelines.

A judge has ramped up the legal penalties against a New Jersey family for back-to-back schemes that swindled investors out of $7 million. So reports NorthJersey.com.

A court has approved the distribution of more than $63 million to investors in New York real estate developer Robert Morgan’s allegedly fraudulent real estate investment scheme, the Securities and Exchange Commission has announced.