RealtyBid.com and ValCom Inc. have teamed up through a joint partnership to give away a house in a different state every month through their new promotion, "The House Game." Anyone participating in "The House Game" online trivia game on RealtyBid.com will be eligible to win the selected property of the month. The first home that will be given away by ValCom and RealtyBid.com is a two-bedroom home located in sunny Florida. Through this partnership, ValCom will be handling the ongoing production, promotion, and implementation of distressed real estate inventory to be sold via RealtyBid.com's online auction platform. "Each month through RealtyBid.com, ValCom will be auctioning dozens of post-foreclosure homes at unbelievable prices to home buyers and investors around the country," said RealtyBid.com CEO/President Tony Isbell. "These will be absolute, no-reserve auctions; all properties with bids will be sold." Anyone is able to play and can become eligible to win a house by answering a few online trivia questions. Entrants do not have to answer the questions correctly in order to be eligible or win. "Click A Mouse, Win A House" is our slogan for this promotion, and it really is that easy," Mr. Isebell said. The seven-day auctions include post-foreclosure and no-reserve properties. Participants can register, watch the auction online and bid real-time against other bidders from anywhere in the world through http://www.realtybid.com.
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This was the second acquisition Luminate's mortgage arm has made since the start of 2025. The bank bought NJ Lenders Corp. in April of last year.
August 21 -
The Mortgage Bankers Association lowered its refi expectations by 5% this month, as rising mortgage rates are dampening borrowers' positions.
August 21 -
A group of community development financial institutions are asking a federal court in California to compel Treasury to disburse funds from the CDFI Fund before they expire in September.
August 21 -
A proposed seven-year mandatory selloff rule aimed at institutional investors was a factor in halting momentum for new BTR development, NAHB said.
August 21 -
May's 15,855 actions are the least since September 2025, when Fannie Mae and Freddie Mac had 15,550 loans modified, forborne or otherwise dealt with, FHFA said.
August 21 -
The government-sponsored enterprise oversight chief said his agency is focusing on select fees applied to mortgages that lenders sell to Fannie and Freddie.
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