Inside Zillow's far-reaching bid to jolt its mortgage business
Even after ending its iBuyer program, Zillow remains bullish on mortgage. But first it has to totally reimagine its website, analysts and executives tell Intel. What could possibly go wrong?
by Daniel Houston Feb 22
Billions in losses, a brutal market and more from Q3 earnings season
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past 3 dramatic weeks of third-quarter wins, losses and draws
by Jim Dalrymple II Nov 14
The end of credit scores? The best ideas from Zillow’s Hackathon
The Seattle-based listing giant announced the 3 top innovations that emerged from its annual competition for students of historically Black colleges and universities
by Daniel Houston Sep 22
Banks reclaim more properties in August as foreclosures tick upward
Foreclosure notices have been on the rise in the past year, but actual bank repossessions remain scarce. That may be starting to change
by Daniel Houston Sep 8
Homeward sheds 20% of workforce amid 'sudden and sizable' downturn
Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company's 'buy with cash' product, according to a spokesperson
by Daniel Houston Aug 10
3 ways to keep the door open to homeownership for discouraged buyers
If your potential buyers are ready to give up, don't let them throw in the towel yet. Try these three strategies to help open up new opportunities in a challenging market
by Laura Adams Jul 14
Hurry up or wait: The big question on every buyer's mind this spring
Just as homebuyers have learned to navigate soaring prices, sinking inventory and bidding wars, the housing market has reached a new level of madness. Will it all boil over this spring?
by Marian McPherson Mar 14
Home lending activity drops at fastest pace in 3 years
Loan activity dropped 11%, the fastest rate of decline since 2019, according to Attom Data Solutions. Refinance, purchase, home-equity mortgages were down in the fourth quarter of 2021
by Taylor Anderson Mar 4
Clear Capital's latest innovation can help better mortgage underwriting
'Overall customer satisfaction with primary mortgage originators has dropped 5 points (on a 1,000-point scale) this year, driven largely by declines in satisfaction with the refinancing process,' JD Power
by Craig C. Rowe Feb 11
Opendoor acquires digital mortgage company RedDoor
San Francisco-based RedDoor has developed a quick pre-approval process for consumers and will see its products integrated into the iBuyer's lending services
by Jim Dalrymple II Nov 5
Clear Capital acquires floor plan app CubiCasa
CubiCasa's mobile scanner provides real estate photographers, staging professionals, interior designers and contractors a sub-5 minute solution for acquiring space dimensions and construction insight
by Craig C. Rowe Sep 28
Investor-focused LendingHome to rebrand as 'Kiavi'
The company focuses on lending for investors who plan to rent out or flip their properties. The new name is a reference to the word for 'key' in Italian
by Jim Dalrymple II Sep 1
Spike in refis led last year's home-lending boom, new data shows
Lenders in 2020 refinanced more than twice as many loans as they reported the previous year, a dramatic feature of the pandemic lending boom
by Daniel Houston Jun 22