High-profile real estate investor Grant Cardone is taking President Biden to task for his proposed tax credit for first-time homebuyers. In an X posting, Cardone questioned the logic behind the $5,000 tax credit for two years, arguing that it is near-worthless in...
EasyKnock, the New York City-headquartered home equity solutions platform, has acquired the assets of the home equity investment firm HomePace. The founding team of HomePace will be joining EasyKnock; executive announcements will be made soon. Terms of the deal were...
LeaseLock, a Dallas-based insurtech offering lease insurance for rental housing, has hired Andrew Bowen as senior vice president of strategic partnerships. Prior to joining LeaseLock, Bowen spent 13 years at RealPage Inc., most recently as a vice president and...
Proof, the Boston-based online notarization provider formerly known as Notarize, has introduced Defend, an AI-powered fraud detection product. The company pointed out that $81 billion in losses occur in the U.S. each year because of falsified records, forged...
Federal Reserve Chairman Jerome Powell poured more cold water on the hope that the central bank will start cutting rates sooner than later. According to combined media reports, Powell told a moderated discussion at the Foreign Bankers’ Association in Amsterdam that...
Portland-based Vision Mortgage Group has launched Legacy Builder, a proprietary loan program aimed at first-generation, first-time homebuyers. According to the company, the program features a 1% down payment and 2% grant down payment assistance. Borrowers do not have...
Hits and Misses for the Real Estate Week of June 8-12
