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Days after billionaire investor Chamath Palihapitiya announced his involvement in the $ 1.3 billion acquisition of solar lending and home improvement firm Sunlight Financial, a group of investors announced a close injection. a billion dollars in Loan pal, another renewable energy and home improvement lender. The $ 800 million pledge to Loanpal comes with a …

BofA’s fourth-quarter net profit was $5.5 billion ($0.59 per diluted share), while its gross revenue fell 10% to $20.1 billion. Despite the slowdown, Bank of America chairman and chief executive Brian Moynihan said he was optimistic the bank could rebound this year. “In 2020, we witnessed the dramatic effects of the health crisis on the …

Black Knight Inc. has created Seller Digital, a matching loan platform for lenders looking to track commitment pipelines, manage terms and validate prices to record and lock in Best Efforts loans and allocate mandatory loans to commitments. . According to the Jacksonville, Florida-based company, Seller Digital enables two-way communication between seller and buyer during matching …