Altisource public stock offering will pay off roughly $20M in debt

Shares in Hubzu operator touched a new 52-week low Friday after the company released details of its plan to pay off a portion of its nearly $200 million in debt. Continue reading

Hubzu operator Altisource raising money in public stock offering

The debt-burdened company notified regulators in December of plans to raise up to $100 million through a public stock offering. Continue reading

LoanDepot founder Anthony Hsieh ousted as executive chairman

The founder is in a spat with the board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender’s board of directors. Continue reading

OJO nets $200M via sale of Canadian operations, new debt raise

The company is selling its Canadian operations to Royal Bank of Canada, while also raising new funds from Vista Credit Partners. Continue reading

New funds creation muddies talks of VC slowdown

“TechCrunch” reported that the start of 2023 has been more active than many anticipated, stating that $8 billion in new capital commitments were made in the last week of January. Continue reading

Offerpad buys more time with $90M raise as end of runway approaches

Private placement with existing investors including CEO Brian Bair extends the company’s cash burn runway by six months to a year, KBW analysts say. Continue reading

Looking to renovate construction space, Freemodel secures $19.5M

QED led a $19.5 million Series A for Freemodel to expand its approach to prepaid, fully managed market preparation renovations, according to an announcement sent exclusively to Inman. Continue reading

Alpaca partner Ryan Freedman is on hunt for real estate disruptors

“Reducing friction was yesterday’s play,” Alpaca VC general partner Ryan Freedman told Inman in a wide-ranging interview. He stressed the need for a full suite of industry services. Continue reading

VC trends to watch, leadership tips and leveraging video

Inman Access is dropping three new classes to help you navigate shifts in investor sentiment, expand your skills as a team leader and get the best tips on leveraging video as a marketing tool.  Continue reading

Splitero’s $11.7M Series A takes aims at HELOC market

San Diego-based Splitero has secured more than $1 billion in total financing to back its model, which offers cash payments, or Home Equity Investments (HEI), to homeowners of up to $500,000 without income or credit score requirements and no monthly pay… Continue reading