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The Series B investment round for the power buyer comes at a time when all-cash purchases account for almost a quarter of the market.
October 22
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Trustmark Bank agreed to pay $9 million to resolve allegations that it discriminated against Black and Hispanic residents in Memphis, Tennessee. Attorney General Merrick Garland said the Department of Justice and other agencies will continue their crackdown.
October 22
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Seasonal patterns are also playing a part in the slowdown in buyer demand, the company said.
October 22
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The industry is prioritizing Black and Hispanic consumers in the interest of social equity and to tap new markets amid declining refinance volume and rising rates.
October 22
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Several housing groups wrote a letter calling for “substantially improved written proposals” for the period starting in 2022, and support for chattel manufactured-home loans.
October 21
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The median selling price of an existing house rose 13.3% in September from a year ago, the smallest annual price increase since the end of 2020.
October 21
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The 30-year average stayed above 3% for the second straight seven-day period, with improved retail sales data helping drive the uptick.
October 21
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The two fintechs’ venture looks to solve the long-standing problem of connectivity as the barrier to full lending digitization.
October 21
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Counties in the West faced the least risk from pandemic distress in the third quarter, according to Attom Data Solutions.
October 21
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The deal is the investment company’s second since it launched on Sept. 28.
October 20
