FTC fines Opendoor $62M for allegedly ‘tricking’ consumers

Regulators with the Federal Trade Commission on Monday accused the iBuyer of “cheating” and “tricking” consumers. Opendoor disagrees with the allegations but has agreed to settle the case. Continue reading

Knock unveils new plan to help homebuyers reduce mortgage rate

Interest-free home equity advances to Knock Home Swap clients can be used to buy down mortgage rate or make a bigger down payment. Continue reading

These are the 10 states where homes are taking the longest to sell

Homes in New York state take an average of 130 days to both get an offer and then close a deal. That’s longer than anywhere else in the U.S., according to a new study from online bank Tangerine.ca. Continue reading

Tech spotlight: The Corcoran Group’s rental tech tools

Over the last few years, the company created a robust set of tools to help agents and consumers navigate the rental market. Recently expanding its offerings, here are some of the key features. Continue reading

Rubik’s seed funding augments growth of SFR investment class

Newly launched from New York City, Rubik marries deep-data analysis with a digital acquisition and transaction solution to assist institutional buyers in their enterprise-scale efforts to secure more- and higher-performing residential rental homes. Continue reading

Home prices down from peaks in quarter of nation’s top 50 markets

Falling sales are driving inventory growth, bit it will take more than a year at the current rate for listings levels to get back to normal, according to Black Knight’s latest monthly Mortgage Monitor Report. Continue reading