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’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...
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...
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...
loanDepot Inc. (NYSE: LDI) has promoted Alec Hanson to chief marketing officer (CMO). In his new role, Hanson will be responsible for the development of brand, digital marketing, and organic and digital lead generation campaigns and the company’s originator-led...
Property acquisitions by real estate investors during the first quarter were down by 48.6% from one year ago, according to new data from Redfin (NASDAQ:RDFN). This marks the largest annual decline on record, and outpaced the 40.7% drop in overall home purchases in the...
Hits and Misses for the Real Estate Week of Aug. 24-28
