Tag Archives: rent-to-own

Divvy Homes letting 95 employees go, including senior managers

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The third round of layoffs in the last 12 months affects employees in 21 states, including Divvy’s chief legal officer, vice president of compliance and head of design. Continue reading →

Divvy Homes’ employees say there has been another round of layoffs

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Although Divvy has not yet responded to requests for comment, a half-dozen former employees posted on LinkedIn that they were laid off Wednesday. Continue reading →

New American Funding referring homeowners to EasyKnock

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The independent mortgage lender is now sending homeowners who are interested in converting their home equity into cash over to EasyKnock to explore a sale-leaseback. Continue reading →

Layoffs hit rent-to-own company Home Partners of America

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Layoffs come a week after the shutdown of RealSure, Home Partners’ iBuyer joint venture with real estate franchising giant Anywhere, and include Pathlight Property Management. Continue reading →

Rent-to-own startup Landis raises $40M from Google, Jay-Z and NAR

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The new Series B funding will go toward boosting the company’s homeownership coaching program, growing its team and expanding to new markets. Continue reading →

Divyy Homes CEO: Rising home prices and rates are business drivers

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“Our goal is not necessarily to expand a ton into new markets,” Divvy CEO Adena Hefets told Inman ahead of Inman Connect New York next week, following company’s latest $200 million round. Continue reading →

Fake landlord and deed fraud scams plague Detroit buyers and renters

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Mortgage lenders are cautious about extending credit and home prices are so low that most deals are for cash, putting buyers at greater risk. Continue reading →

Divvy Homes brings in $735M debt financing just months after Series D

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The news follows Divvy’s $200 million Series D and will allow it to serve more Americans on their path to homeownership through a rent-to-own program. Continue reading →