Real Estate ESG Platform Measurabl Closes $93 Million Series D Funding
Measurabl, a San Diego-based company that offers an environmental, social and governance (ESG) technology platform for the real estate industry, announced the close of its $93 million Series D round of funding. According to the company, the round was oversubscribed....
Elon Musk Rebuked by Redfin’s CEO Over ‘Melting Down Fast’ Tweet on Home Values
Elon Musk’s prediction that the U.S. residential real estate market is on the cusp of a collapse received a sharp rebuke from Glenn Kelman, CEO of the brokerage Redfin (NASDAQ:RDFN). On Monday afternoon, the Tesla (NASDAQ:TSLA) chieftain offered a doom-and-gloom...
Mortgage Application Activity Continues to Decline
Americans were not rushing to fill out mortgage applications last week. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of mortgage loan application volume, decreased 3.7% on a seasonally adjusted basis for the week ending May 26 compared to...
GOP Governors Call on Biden to Rescind LLPA Changes
A coalition of 18 Republican governors called on the Biden administration to reverse the Federal Housing Finance Agency’s (FHFA) changes to the Fannie Mae and Freddie Mac loan level pricing adjustment (LLPA) structure for borrowers seeking a mortgage. “The new LLPA...
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