Greg Schwartz's Tomo launches AI-powered home search platform
Former Zillow executives Greg Schwartz and Carey Armstrong have launched a home search portal under their company, Tomo. The portal is available to homebuyers in 21 states
by Marian McPherson Feb 20
Tomo enters 5 new states, launches real-time preapproval process
After laying off workers in May, Tomo is in expansion mode again with launches in Maryland, New Jersey, Oregon, Pennsylvania, Virginia and Washington D.C.
by Matt Carter Dec 1
Tomo is launching an appraisal coverage guarantee for homebuyers
Eligible borrowers will be able to close on a winning bid with the same cash to close, monthly payment and interest rate — even if the appraisal comes in low
by Matt Carter Aug 24
Tomo's new Lock and Shop: lock a rate now without a property address
Tomo's Lock and Shop service fee is $750, which homebuyers can recoup when they work with Tomo Brokerage partner agents. Homebuyers can choose either a 90- or 120-day rate lock
by Matt Carter Jun 23
Tomo cuts almost 1/3 of workforce, dials back expansion plans
Cuts were from the impact of the recent shift in the mortgage and venture capital markets due to the rapid increase in interest rates, according to Tomo CEO and Co-Founder Greg Schwartz
by Matt Carter May 31
Tomo provides mortgages in 9 states, adds Georgia, North Carolina
Fintech focused on purchase mortgages planning to add more markets and more mortgage products later this year, now doing business in more than 1/3 of U.S. markets
by Matt Carter May 17
Tomo's $40M Series A more than doubles its valuation to $640M
With the addition of Michigan and Ohio, the purchase mortgage fintech is now in 7 states
by Matt Carter Mar 21
Mortgage startup Tomo now in 5 states, adds jumbo loans
After launching in Washington and Texas, Tomo has expanded into Florida, Connecticut and Colorado
by Matt Carter Jan 26
The 'tap tap' mortgage
Opinion
Tech advances in data, authentication, artificial intelligence and loan processing are making mortgage fulfillment easier. Why can't a simple iris scan make mortgage funding even quicker?
by Brad Inman Jan 18
Why Greg Schwartz left 'the portal war' for the mortgage industry
Tomo co-founder and CEO Greg Schwartz shares what's wrong with the mortgage industry and how tech can revolutionize the consumer experience
by Marian McPherson Oct 28
Tomo's CEO on the mortgage industry: 'It's like going to the DMV'
During a conversation with Brad Inman at Connect Now, Greg Schwartz said 'mortgage is the catastrophe of the real estate transaction,' and shared how Tomo is changing that
by Lillian Dickerson Sep 21
Watch: How and why CEO of Tomo is taking on big banks
Join us for a day of insightful conversations, smart analysis, and healthy debates on Sept. 21
by Inman Sep 20
Strategies for a high-powered, high-growth final quarter
Join us at Inman’s next virtual event to level up your end-of-year strategies for a strong close and a stronger start to 2022
by Inman Sep 16
How to implement 5 marketing strategies in 20 minutes
Check in on the pulse of the industry, pick up the latest best practices, and get a read on what to expect in the immediate future. Join us.
by Inman Sep 15
Tomo launches with aim to 'be the best at purchase mortgages'
The technology-based lender co-founded by former Zillow executive Greg Schwartz is now live in Seattle, Dallas and Houston
by Matt Carter Jun 30