Brace Raises $10M to Shake Up Mortgage Servicing With AI

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.

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Bill Bodnar of MMG: Can Rates Go Even Lower?

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.

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Bill Bodnar of MMG: Putting the Coronavirus Into Perspective

Bill Bodnar of The Mortgage Market Guide puts the coronavirus' impact into perspective. Bodnar notes that there are just five people in the U.S. with the coronavirus.

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Father-Son Mortgage Scammers Get More Prison Time

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.

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