A fintech company has raised $125 million around a simple but revealing premise: Americans may be able to afford their housing payment, but they increasingly struggle with when that payment comes due. Split Pay, formerly known as Rent App, has raised approximately...
For most of my career around housing, we have talked about a real estate agent’s value as though it were one thing. It isn’t. An agent may help a buyer understand a market, find properties, arrange showings, evaluate price, write an offer, negotiate terms,...
Rocket Companies announced a new CEO for Redfin on Monday morning. Normally, I would consider that an executive personnel story and move on. This one caught my attention because of who Rocket hired and, more importantly, what Rocket said it wants him to do. Alessio...
Property valuation has always been one of the stranger parts of the mortgage transaction for consumers. A buyer can negotiate a purchase price with a seller, provide months of financial documentation to a lender and get all the way through underwriting only to have...
Parsippany, New Jersey-based American Financial Resources, which does business as eLEND, announced that it is bringing artificial intelligence (AI) into the renovation mortgage process through a new partnership with Ready4Remodel, giving mortgage brokers and borrowers...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
