By handling every aspect of homebuying and selling, from search to financing to title and closing, Rocket aims to cut transaction costs on the median priced home in half, from $40k to $20k
New York City-based REIT will pay $120M in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08M shares in Chimera valued at $27.9M
IBuyer's market cap has dropped below $50M minimum for 30 consecutive trading days, and the New York Stock Exchange wants to know what the company is going to do about it
Investors bid up mortgage lender's price per share by 21% after company says deal with investor SB Northstar LP will improve its balance sheet and better position it for a return to profitability
Activist investor Dan Gropper claims Cannae Holdings' 'vague and undifferentiated' approach to acquisitions and 'egregious governance practices' have cost shareholders nearly $1B
In a flurry of activity, the cloud banking solutions provider appointed Sean Desmond as CEO while granting a big shareholder, HMI Capital Management, a seat on its expanded board of directors
Valued at $2B in 2021 Series D funding round, rent-to-own company Divvy Homes had endured several rounds of layoffs before launching a subscription-based credit building service last year
Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about 2 weeks after being sued by Connecticut's Attorney General
Connecticut has entered into a consent decree revoking the fintech mortgage lender's license, and LoanSnap has been put on notice by California regulators that they intend to do the same
Clelia Warburg Peters, Era Ventures' founder, is the first woman to raise an initial fund of this size in the real estate category. The fund will distribute capital across various stages of innovation
New funding will allow Polly's product and engineering teams to double down on new product innovation, including a new AI platform that was recently in closed beta testing
Strategic partnership with D2 Asset Management will help the shared equity pioneer go nationwide, after signing home equity agreements with more than 10K homeowners in 16 states
HomeLight is now partnered with more than 10K loan officers and 28K real estate agents to offer Buy Before You Sell everywhere but Alaska, Massachusetts, New York and Rhode Island
Since launching in 2021 as the 'Stripe of real estate,' Setpoint has expanded into additional asset-backed lending lines including auto, consumer and small business
Former Fannie Mae and Freddie Mac chief executives Tim Mayopoulos and Michael DeVito are joining a newly formed advisory board in conjunction with funding round led by Khosla Ventures
Card issuer Wells Fargo is losing as much as $10M a month as it eats interchange fees for users who are paying off balances after paying their rent, 'The Wall Street Journal' reports
