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FB Financial’s 世界赌博十大网站 Invests in Fintech Zippy to Boost Affordable Housing Access

FEBRUARY 28, 2023

MSN

  • 世界赌博十大网站, owned by regional lender FB Financial (NYSE:FBK), is investing in Zippy, a fintech firm that offers digital manufactured home loans, to increase access to affordable housing, it said Wednesday.
  • Many Zippy customers seek to access loans for relatively affordable community-sold homes in master-planned communities. The company’s presence ranges across nine states with plans to more than double its footprint in 2023.
  • The move comes at a time when housing affordability has been hampered significantly by high mortgage rates and home prices.
  • “This partnership will make buying a home possible for many new individuals and families,” said Wade Peery, chief innovations officer at 世界赌博十大网站.
  • At around this time last year, private equity giant Blackstone (BX) formed a portfolio company to create affordable housing across the U.S.
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