Roc360 REIT receives $150M investment to target renovation loans
Singapore-based investment firm Temasek has closed a $150 million investment in a fund managed by real estate lending platform Roc360, the companies announced Thursday. The capital will be allocated to an investment vehicle focused on residential transition loans used to finance home renovations. Te
Laura Brandao on taking a prominent leadership role at MLB Residential Lending
Laura Brandao announced on social media this week that she’s embarking on a new professional endeavor at MLB Residential Lending as its president of wholesale and correspondent lending. In a conversation with HousingWire, Brandao said that she’d been in a consultant’s role for MLB — which stands for
NRMLA backs New Jersey bill clarifying reverse mortgage rules
The National Reverse Mortgage Lenders Association (NRMLA) has voiced formal support for New Jersey Senate Bill 4970 — urging lawmakers to advance legislation that would clarify how reverse mortgages are treated under the state’s secondary mortgage law. In a letter sent to State Sen. Joseph Lagana, t
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