Is the ‘proptech winter’ ending? This is what investors are watching
Some companies that were red-hot during the COVID housing market had to either pivot or die when rates rose and major funding rounds dried up. But green shoots may be emerging
by Taylor Anderson Oct 23
Orchard blooms in 2 new markets — Nashville and Phoenix
Orchard customers can choose to 'move first' using a buy-before-sell structure or seek a fast cash-offer sales scenario, as well as select a traditional sales process
by Craig C. Rowe Feb 3
Brookfield Properties said to be acquiring Divvy Homes in 'fire sale'
Valued at $2B in 2021 Series D funding round, rent-to-own company Divvy Homes had endured several rounds of layoffs before launching a subscription-based credit building service last year
by Matt Carter Jan 13
Embattled sale-leaseback platform EasyKnock closes its doors
Facing lawsuits and enforcement actions by attorneys general in several states, the company said Thursday it would shut down about 2 weeks after being sued by Connecticut's Attorney General
by Matt Carter Dec 6
EasyKnock scores a legal win in dispute with Texas clients
The case was one of a handful of legal challenges in multiple states faced by the sale-leaseback platform that was founded in 2016
by Taylor Anderson Oct 2
Former Ribbon team launches AI-fueled home transaction platform
The team that founded EasyKnock-acquired power buyer Ribbon has launched Indigo, an AI-powered transaction management and home search platform, executives told Inman exclusively
by Marian McPherson Aug 15
EasyKnock juggling lawsuits, regulators in multiple states
Sale-leaseback platform tells NPR civil lawsuits in Texas and other states are 'meritless' and that it's cooperating with attorneys general in Massachusetts and Michigan
by Matt Carter Jul 3
New American Funding acquires Draper and Kramer Mortgage
'Strategic move' expands New American's footprint in the Midwest and East Coast regions, with DKMC brand to be retired but a majority of loan originators and support staff being retained
by Matt Carter Feb 1
Sale-leaseback model is key to saving US homeownership: Study
A white paper published on Tuesday said sale-leaseback programs can save nearly 9M homeowners from permanently losing their homes amid current economic woes
by Marian McPherson Jan 30
With agent as consultant, proptech can unlock more transactions
Leaders from Better, Point and EasyKnock said that consumers are becoming increasingly curious about alternative financing options — but they still need agents to help guide them
by Lillian Dickerson Jan 25
Ocrolus grows clientele with new capabilities and document types
AI document automation platform signs 100 new customers in 2023 and now supports more than 1,150 types of documents to serve a growing number of use cases, including mortgage
by Matt Carter Dec 20
EasyKnock continues its buying spree as it picks up Balance Homes
The acquisition continued the sale-leaseback company's quest to provide ways for homeowners to tap into their equity without losing their homes
by Taylor Anderson Dec 5
Zillow's Spencer Rascoff launches AI personal assistant heyLibby
The latest product of Rascoff's 75 & Sunny Labs, heyLibby takes care of engaging and tracking leads for business owners. The free platform takes less than 5 minutes to set up, company said
by Marian McPherson Aug 17
Ribbon relaunches power buying services following 9-month hiatus
Nine months after temporarily shuttering its services and three months after being acquired by EasyKnock, Ribbon is now offering cash backing to buyers in Atlanta and Charlotte once again
by Marian McPherson Aug 10
The Agency adds New American Funding as a preferred lender
NAF offers multiple partnership models, including a joint venture option the mortgage lender launched in April that's overseen by industry veteran Al Miller
by Matt Carter Aug 1