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

First-timers ‘significantly’ less satisfied with mortgage lenders

Homebuyers don’t just want good rates, they want lenders to solve problems that will keep them from getting to the closing table, J.D. Power finds. Continue reading

Survey: Mortgage refi crush exposed dangers of digital-heavy approach

Digital self-service combined with live personal service is key to retaining younger mortgage customers, J.D. Power concluded, with faster approval times demonstrating that the application and approval process “still requires some level of human intera… Continue reading

Jetty Rent allows tenants to choose when they want to pay rent

Renter financial services startup Jetty has launched a new product to help both renters and property managers combat issues that arise from late rent payments. Continue reading

Citi pledges to serve more minority homebuyers

The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in low- and moderate-income neighborhoods. Continue reading

Wells Fargo suspends jumbo mortgages as demand fades

In an unpredictable market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans. Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading

Mortgage startup snags $160M funding round

Better.com, a fintech startup that aims to digitize and streamline the entire mortgage process, announced Monday, it’s raised $160 million for its Series C funding round. The startup has raised $254 million to date, and its latest investor round includ… Continue reading