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Stock impact report

StoicLane Principals Led a $175M Strategic Investment Into Interfirst, a Hyper-growth, Tech-Enabled Mortgage Platform

MFA Financial, Inc. (MFA) 
Last mfa financial, inc. earnings: 2/20 08:30 am Check Earnings Report
US:NYSE Investor Relations: mfafinancial.com
Company Research Source: Business Wire
Interfirst’s proprietary platform utilizes technology and AI to reduce the upfront fees, interest cost, and complexity from a traditional mortgage process CHICAGO--(BUSINESS WIRE)--StoicLane, a long-term growth platform making controlling and strategic minority investments in the Finance, Insurance & Real Estate (“FIRE”) verticals, today announced that its principals led a $175M strategic investment in Interfirst Mortgage Company (“Interfirst”), a leading, tech-enabled mortgage originator, through a special purpose vehicle with funds managed by Oaktree Capital Management, L.P. (“Oaktree”), MFA Financial, Inc, (NYSE: MFA), family offices and other strategic investors. Through its proprietary platform, Interfirst aims to eliminate the upfront fees, cut interest cost, and decrease the complexity of a traditional mortgage by utilizing technology and artificial intelligence (AI). StoicLane’s strategic partnership is designed to accelerate growth, innovation, and technology advancement." Show less Read more
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