From TikTok to memes, the battle over who shapes culture

The TikTok Oracle deal, the blurred meanings of memes and new ad benchmarks all reveal how fragile the channels of influence really are. For agents, staying visible means more than posting content; it means understanding who shapes attention, and how q… Continue reading

Pennymac takes a stake in Vesta, launches non-QM mortgages

A major player in correspondent lending and mortgage servicing, Pennymac is looking to provide more loans directly to consumers through a strategic partnership and investment in mortgage loan origination software provider Vesta. Continue reading

Brookfield Properties said to be acquiring Divvy Homes in ‘fire sale’

Valued at $2 billion in 2021 Series D funding round, rent-to-own company Divvy Homes had endured several rounds of layoffs before launching a subscription-based credit building service last year. Continue reading

Setpoint lands $31B in Series B funding led by 645 Ventures

Since launching in 2021 as the “Stripe of real estate” providing technology and funding to proptechs, Setpoint has expanded into additional asset-backed lending lines including auto, consumer and small business. Continue reading

Rocket hires first group CTO to accelerate AI development

Qualcomm and Intel veteran Shawn Malhotra comes to Rocket from Thomson Reuters where, as head of engineering, he helped the global media giant develop a cloud-based, API-driven generative AI platform. Continue reading

Rocket hires first group CTO to accelerate AI development

Qualcomm and Intel veteran Shawn Malhotra comes to Rocket from Thomson Reuters where, as head of engineering, he helped the global media giant develop a cloud-based, API-driven generative AI platform. Continue reading

Adam Neumann’s secretive new apartment scheme is now live

The WeWork founder quietly scooped up $1 billion worth of apartment buildings near the peak of the multifamily housing market. His first building is now in lease-up. Here’s what we know. Continue reading

Mystery solved: The Silicon Valley entity behind Flannery Associates

Over the past six years, a mysterious entity known only as Flannery Associates quietly scooped up nearly $900 million in farmland outside the Bay Area. Now investors behind the plan have been revealed. Continue reading

Real estate debt marketplace PeerStreet files for bankruptcy

The company intends to sell “substantially all of its assets,” including its technology platform to pay creditors that include thousands of retail investors. Continue reading

Real estate debt marketplace PeerStreet files for bankruptcy

The company intends to sell “substantially all of its assets,” including its technology platform to pay creditors that include thousands of retail investors. Continue reading