Loans4Less.com Inc., an online mortgage brokerage based in Redondo Beach, Calif., has announced that its stock has begun trading over the counter on the Pink Sheets. The ticker symbol is LFLS. Loans4Less said it is exploring joint ventures, licensing, equity financing, and acquisition arrangements with third-party finance companies and major banks. The company can be found on the Web at http://www.loan4less.com.
Flueid, which provides verification of title services, has raised $8.3 million of new capital, with lead investor LiveOak Ventures along with Gilbert's Detroit Venture Partners.
Mortgage professionals are focusing on housing policies and the Federal Reserve this November.
Esusu, Foyer, Divvy Homes and Tomo Mortgage are among the fintechs trying to give first-time homebuyers a break, alongside community development financial institutions like Southern Bancorp.
The Chicago-area lender, which at first was able to get the suit quashed, agreed to end the discrimination case by paying a $105,000 fine.
The wholesale lender filed a motion to dismiss the case, or at least to strike the class action certification in mid-October.
Remax, the real estate brokerage and mortgage broker franchisor of Motto Mortgage, rebounded from a year ago loss in a tough news cycle for both its businesses.
