Menlo Ventures, a backer of HomeLight and Qualia, led the funding round and will take a seat on the San Francisco-based startup’s board of directors. …
Posts published in “Mortgage”
After launching in Washington and Texas, Tomo has expanded into Florida, Connecticut and Colorado and now offers jumbo loans. Source: Inman News
Nearly 350 employees will be laid off as Stearns’ wholesale division and SoFi operational unit are shuttered. Source: Inman News
With rates on 30-year fixed-rate loans rising for the fifth consecutive week, it’s no surprise that refi demand was down for the fourth straight week. …
Deal expected to lead to tighter integration between platforms, and support for a wider range of financial products and lending institutions. Source: Inman News
Regulators say education provider Real Estate Educational Services helped originators skirt annual continuing education requirements. Source: Inman News
The rent-to-own real estate startup’s services are now available in five Sunshine State markets: Miami, Fort Lauderdale, Orlando, Tampa and Jacksonville, growing footprint to 51…
Company claims its AI-powered platform can answer over 90 percent of questions posed by mortgage borrowers without human intervention. Source: Inman News
There are now 187 independently owned Motto Mortgage offices serving 38 states, up 33 percent from a year ago. Source: Inman News