Argyle sees path to profitability with $30M Series C raise

Integrations helped the income and employment data provider grow its mortgage customer base and attract backing from Rockefeller Asset Management’s Fintech Innovation Fund. Continue reading

Earnnest begins rollout of escrow-as-a-service

The new service, available to date only in Massachusetts, where Earnnest has secured a brokerage license, is designed to alleviate the cost, management demands and above all else, legal risk of holding deposits in escrow. The company is looking to rapi… Continue reading

Rocket taps veteran fintech exec Varun Krishna as next CEO

Changing of the guard demonstrates mortgage is just one component of a larger fintech strategy, with former Intuit, PayPal exec set to succeed interim CEO Bill Emerson on Sept. 5. Continue reading

Proptech has reached an inflection point. So, like, what happens now?

Disruptive sales models, lead aggregators and search products have transformed proptech into a true marketplace while freeing venture capitalists up to become more than mere power brokers. Continue reading

Knock increases bridge loan for home prep to $35,000

The six-month loan is a component of Home Swap that allows clients to prepare a home for market through basic repairs, small finish upgrades, painting and other items buyers look for in a home. Continue reading

Splitero’s $11.7M Series A takes aims at HELOC market

San Diego-based Splitero has secured more than $1 billion in total financing to back its model, which offers cash payments, or Home Equity Investments (HEI), to homeowners of up to $500,000 without income or credit score requirements and no monthly pay… Continue reading

Venture capital giants like Pylon’s embeddable mortgage offering

An $8.5 million seed funding round was led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village Global. Continue reading

Rocket’s profits down 93% as mortgage originations fall

With rising mortgage rates drastically curtailing lending, Rocket Mortgage saw third-quarter mortgage originations plummet by 73 percent from a year ago, to $23.7 billion. Continue reading

Knox Financial converts owners to landlords with this one cool trick

Knox provides mortgage lending, refinancing, lines of credit and its KEAP program—Knox Equity Access Program—to give homeowners access to capital, based on the equity in the homes they are turning into investment properties. Continue reading

Playing the long game? Here’s what’s next for crypto

What crypto players are still standing as the market sheds weaker competitors? Rich Hopen outlines what’s next and what to expect in this Crypto Corner column.
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