Zillow Q2 revenue exceeds expectations, grows 13% to $572M

Better-than-expected residential segment results bolstered Seattle-based portal Zillow’s Q2 performance, which saw growing revenues and slimming losses as they zero in on creating a ‘fully-integrated’ homebuying experience. Continue reading

Zillow now showing buyers how rate changes affect their options

Powered by mortgage rates from Zillow Home Loans, BuyAbility tool could help listing portal’s lending affiliate get a head start on other lenders it competes with for borrowers. Continue reading

DelPrete: How Zillow pressures its agent partners to plug mortgages

Zillow is shoring up its Home Loans business by ratcheting up pressure on Flex agents, who refer clients to the mortgage arm or risk losing future leads, tech advisor Mike DelPrete writes. Continue reading

Zillow is the latest lender to offer a 1% down purchase mortgage

UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80 percent of the area median income. Continue reading

Zillow expands ‘post-pay’ Premier Agent model to 2 new markets

The expansion is part of Zillow’s “enhanced markets” program, which is now in six cities and part of the company’s efforts to eventually build a real estate “super app.” Continue reading

Inside Zillow’s far-reaching bid to jolt its mortgage business

Even after ending its iBuyer program, Zillow remains bullish on mortgage. But first it has to totally reimagine its website, analysts and executives tell Intel. What could possibly go wrong? Continue reading

Rates may ease, but affordability tools will still be in demand

Zillow and UWM executives are optimistic mortgage rates will come back down but advised real estate agents at Inman Connect New York on Tuesday to get familiar with affordability tools like interest-rate buydowns. Continue reading

New twists on home lending create opportunities for agents

As technology changes the way people think about homeownership, real estate agents will still be part of the picture say execs of EasyKnock, Flyhomes and Zillow at Inman Connect Las Vegas. Continue reading

Zillow names new president of mortgage segment

Zillow executives acknowledged previously that the rollout of proprietary mortgage software was taking longer than expected. Continue reading

iBuying giant Opendoor to begin offering home loans

iBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate industry. Opendoor Home Loans is now live in Texas markets Dallas-Fort Worth, Aust… Continue reading