Divvy Homes letting 95 employees go, including senior managers

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

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

Wells Fargo providing $10K in down payment assistance in 8 metros

To qualify for grants being made through Wells Fargo’s existing Special Purpose Credit Program, homebuyers can’t earn more than 120 percent of the area median income. Continue reading

Anywhere vet Simon Chen is new CEO of bridge loan provider Arrival

The San Francisco-based startup lets homeowners tap their equity to obtain bridge loans and submit a “cash-equivalent offer” on their next home. Continue reading

Newzip helps mortgage lenders connect borrowers to agents

Former Keller Williams Realty exec’s startup enables virtually any mortgage lender to emulate programs offered by bigger rivals, such as Rocket Mortgage, loanDepot and Better. Continue reading

The power of connection: Elevate client interactions with these tips

Watch the new Inman Access class featuring Julia Lashay Israel to learn the importance of buyer consultations and how to build trust and rapport as a foundation for smooth transactions. Continue reading

Seamless transactions and the crucial role of buyer consultations

New Inman Access now streaming! Tune in this week to better understand the key essentials of buyer consultations and learn how to utilize circle prospecting to grow your business. Continue reading

You owe it to yourself to challenge buyer love letter misinformation

Question misconceptions and challenge the status quo to put this powerful buyer tool to work for your hopeful clients, writes trainer Darryl Davis. Continue reading

WATCH: The right lender can make buyer love letters obsolete

Not crazy about buyer love letters? Mortgage expert Rick Guerrero says that a great lender can reach out to the listing agent on a buyer’s behalf to offer information and reassurance. Continue reading