March 15, 2025

Mortgage industry of the United States

Loans

Brightpoint wins $2.5M of Fort Wayne’s Legacy Fund to loan to small businesses | News

FORT WAYNE, Ind. (WFFT) — Fort Wayne City Council granted Brightpoint $2.5 million for its Small Business Loan Project Tuesday. That money will come out of the City’s Legacy Fund, which is meant to invest in transformational projects across the city. As of December 31, 2023, the account holds $36,674,431. The Legacy Joint Funding Committee originally

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Mortgage

A new Freddie Mac program will make it easier to buy a second mortgage

Photo: Justin Sullivan (Getty Images) It could soon be easier to borrow against your home after U.S. regulators approved a Freddie Mac pilot program for purchasing second mortgages. The Fed needs to start cutting rates now, strategist says The plan, announced Friday, is meant to help homeowners who secured low-interest mortgages and want to access

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