VC-backed Roam seeks to connect buyers to assumable mortgages

In theory, any government-backed FHA, VA and USDA loan is assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing. Continue reading

California Regional MLS launches venture fund, invests in Perchwell

CRMLS CEO Art Carter says the fund will serve agents’ and brokers’ need for “high-quality technology that enables them to do their jobs without worrying about how their data gets used.” Continue reading

Opendoor co-founder slams Zillow, calls portal’s tech ‘horrible’

Keith Rabois also said on Twitter Wednesday that he expects Zillow to suffer “even greater losses than they admit.” Continue reading

Digital closing platform Snapdocs valued at more than $1.5B

Snapdocs has raised $150 million in a series D funding round. The platform is now used by more than 130,000 mortgage professionals a day, touching nearly 20 percent of U.S. real estate transactions. Continue reading

Mortgage tech startup Blend raises $130M, adds Pixar vet to board

Digital mortgage lending startup Blend announced Monday its raised an additional $130 million in venture capital funding, bringing the company’s total funding to $310 million. The company plans to use the capital to further grow its team of nearly 400 … Continue reading