Homeward kicks off 20-market expansion effort in Phoenix

Six months after securing its most significant funding round yet, cash-offer startup Homeward is aiming to raise the bar once again with the launch of 20 new markets before the end of 2022. Continue reading

Can eXp actually hit 500,000 agents?

EXp founder Glenn Sanford said his company should have half a million agents in five years. We asked some experts if that was realistic. Continue reading

Sagent signs 7-year deal to power loan servicing for Servion Mortgage

Sagent says its servicing platforms provide “a bank-on-your-phone experience to consumers so they can manage their entire homeownership lifecycle anytime, from any device.” Continue reading

LoanDepot courts mortgage brokers with new closing capabilities

LoanDepot, known largely for lending directly to consumers, is upping its game with mortgage brokers with improvements to its mello broker portal that the company says will speed loan closings. Continue reading

Guaranty Home Mortgage Corp. to automate doc processing with AI

Mortgage lenders seeking economies of scale are automating much of the loan application and underwriting process, helping them price loans competitively and take market share from less efficient lenders. Continue reading

@properties CEO on the ups and downs of being an indie brokerage

“Cards get stacked against indies,” said Thad Wong, @properties co-founder and CEO, during Connect Now when discussing the challenges of being an independent brokerage. But he also explained why he wouldn’t have it any other way. Continue reading

Spencer Rascoff: The transaction facilitator category needs a rebrand

Offerpad backer Spencer Rascoff thinks iBuying will survive without Zillow, but emerging companies need a better name for their services. Continue reading

Zillow Offers is dead. But Zillow (and iBuying) is here to stay

At Connect Now on Tuesday, real estate analyst Mike DelPrete shared with Brad Inman where Zillow went wrong with Zillow Offers and what “Zillow 3.0” could look like. Continue reading

FairPlay lands $4.5M seed round to help lenders combat racial bias

The New York-based startup helps lenders discover bias in algorithms and take a second look at rejected applicants using “cutting edge AI fairness techniques.” Continue reading

Los Angeles wants to ban iBuying

Amid an ongoing housing shortage and rapid price appreciation, Los Angeles city lawmakers are now searching for ways to thwart iBuyers in their city. Continue reading