Power buyer Knock says it will now work with any lender or agent

Homebuyers can use the Knock Home Swap Equity Advance in conjunction with a purchase loan from any lender to make a non-contingent offer when buying their next home. Continue reading

Knock increases bridge loan for home prep to $35,000

The six-month loan is a component of Home Swap that allows clients to prepare a home for market through basic repairs, small finish upgrades, painting and other items buyers look for in a home. Continue reading

The biggest mortgage, lending and housing finance stories of 2022

The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Continue reading

Homeward CEO Tim Heyl and the path forward for power buyers

Homeward CEO Tim Heyl said his company is built to handle down markets. He spoke with Inman ahead of Inman Connect New York, where he’ll be speaking about tech, data and the biggest trends in 2023. Continue reading

Zoodealio’s smart upgrades reflect an evolving industry: Tech Review

Zoodealio is home offer marketplace that helps agents and their clients compare and respond to multiple types of offers a home. Continue reading

Ribbon makes massive cuts, leaving fewer than 30 workers

In an email on Monday, a spokesperson for the power buyer confirmed to Inman that the firm had laid off workers and would now “be a company of less than 30 people.” Continue reading

Orchard lays off 180 workers amid historic housing ‘disruption’

The cuts are the second time the power buyer has reduced its workforce as the market has rapidly deteriorated this year. Continue reading

Mortgage is the new money pit for portals: Mike DelPrete

Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading

Ribbon back in expansion mode with push into Illinois and Michigan

Less than two months after layoffs, the power buyer says it’s still on track to meet a goal of being operational in 25 states by the end of the year. Continue reading

WATCH: How being picky about your financing options can pay off

At Inman Connect Las Vegas, John Paasonen of Maxwell and Robert Foos of Knock said agents and buyers have an opportunity to be selective in the current market when it comes to financing. Continue reading