Bonus Homes CEO: ‘We want to be the don’t-sell solution’

Bonus Homes might be an industry first model, investing in a seller’s equity to take on the home as its landlord and paying out appreciation over time. Continue reading

Homebuyers gain leverage as sellers cut prices: Zillow

Prospective homebuyers have a better shot at securing a dream home as sellers continue to lower listing prices, according to a recent analysis by Zillow. Despite persistently high mortgage rates, buyers are capitalizing on these price reductions to neg… Continue reading

Home equity an underutilized key to retirement readiness, Point says

A new analysis from home equity financial platform Point reveals that many homeowners overlook equity as a valuable financial resource — despite it being a significant part of their net worth. Continue reading

Hispanic, Black homeowners are narrowing home value gap: Zillow

The typical Hispanic-owned home is now valued 11.9 percent below that of a non-Hispanic white-owned home, the smallest property value gap on record, according to a Zillow analysis released Monday. Continue reading

Freddie Mac will dip a $2.5B toe into the second mortgage market

Modest pilot program approved by federal regulators was opposed by banks who have traditionally provided most home equity loans. Nonbank lenders have already made inroads into the business. Continue reading

Knock integrating bridge loans into partners’ prequal processes

NFM Lending is the first to take advantage of Knock API integrations, which let loan officers know if homebuyers can tap the equity in their existing home and buy before they sell. Continue reading

Serious mortgage delinquencies poised to bounce from 17-year low

Early-stage delinquencies have increased for three months in a row, suggesting that delinquency rates may be nearing a bottom, according to first look at Black Knight Mortgage Monitor report. Continue reading

Now LiveEasy, moving concierge is all-in on life after closing

Moving technology and concierge company MoveEasy has rebranded as LiveEasy to accommodate new tools, better connectivity and its introduction to the rental market. Continue reading

Market slowdown is ‘chipping away’ at homeowner wealth: Attom

The share of homes that were worth at least 50 percent more than their mortgage fell for the second straight quarter. Still, there are few homes facing foreclosure, according to the latest report from Attom. Continue reading

Point’s Eddie Lim on the ‘vintage’ days ahead for proptech investors

Investors eye 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim tells Intel. Continue reading