Mark Tribuna Named Arrive Home COO

Mark Tribuna has been named Chief Operations Officer at Arrive Home, the company announced in a press release. In his new position, Tribuna will take charge of operations and oversee the company’s growth as it expands homeownership access to underserved borrowers. He previously served as Chairman and CEO of Nation One Mortgage Company. His other experience includes executive-level positions at EquiShare Alliance, NAF, Southwest Funding, and CBC Mortgage Agency, among others. “We are excited to welcome Mark to the Arrive Home team,” said Arrive Home President Tai Christensen. “His expertise in mortgage operations and financial management will be critical in assisting us as we make massive strides toward solidifying our position as a leader in affordable housing solutions.” Arrive Home…

CRA Note Exchange Helps Provide Vital Capital To Florida, South Carolina Habitat For Humanity Affiliates

Habitat for Humanity Affiliates in Florida and South Carolina will be able to build more affordable homes after the recent sale of mortgage notes on their behalf. Leaders at CBC Mortgage Agency, a nationally chartered housing finance agency and a source of down payment assistance for first-time homebuyers, announced its CRA Note Exchange platform had completed the sale on Sept. 12.   CRA Note Exchange enables the sale of Community Reinvestment Act-eligible loans through an online portal to free up capital for additional affordable home construction. Banks and other financial institutions can review, select and purchase loans in specific areas that support their CRA or other lending objectives. The exchange was launched in 2018. Habitat for Humanity is a global nonprofit housing organization…