Tim Heyl on Homeward’s power buyer pivot in a high-rate cycle
The power buyer CEO also weighs in on whether traditional iBuyers will ever see their Goldilocks moment and turn a regular profit
by Taylor Anderson Sep 9
Calque unveils 'light' version of its 'buy before you sell' offering
Touted as faster and more affordable, Calque's new 'Contingency Buster' product is tailored to homeowners who don't need to tap their equity when buying their next home, executives say
by Matt Carter Aug 27
Calque adds 2 more lenders to growing nationwide partner roster
Austin, Texas-based fintech's flagship product, 'The Trade-In Mortgage,' helps homebuyers make non-contingent offers and removes their current house from debt-to-income calculation
by Matt Carter Aug 9
Zavvie's power buyer suite for mortgage lenders is catching on
More than 7,500 loan officers in all 50 states have access to cash offers that can be approved in as little as an hour; NEO Home Loans, American Financial Network are among the biggest partners
by Matt Carter Jul 16
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
Knock integrating bridge loans into partners' prequal processes
NFM Lending is the first to take advantage of Knock API integrations, which let loan officers know if homebuyers can tap the equity in their existing home and buy before they sell
by Matt Carter Jun 20
Calque partners with more lenders to offer 'The Trade-In Mortgage'
This year, Calque has partnered with some big names including C2 Financial and Cornerstone First Mortgage, as well as a number of smaller players like Portland, Oregon-based Theory Mortgage
by Matt Carter May 21
Calque partnering up with lenders on 'buy before you sell' services
Austin, Texas-based fintech hires CoreLogic vet Michael Bremer as CEO and signs APEX Mortgage Group, C2 Financial and Cornerstone First Mortgage as partners
by Matt Carter Apr 4
With $15M goal, Knock turns to 'everyday' investors
Second Century Ventures and Foundry Venture Capital have backed the company with $10M. Knock is now turning to public funding site Wefunder to get to $15M
by Craig C. Rowe Feb 26
Flyhomes announces 3rd round of layoffs since 2022
The Seattle-based brokerage and mortgage lender announced another round of layoffs on Friday. Flyhomes had layoffs in July and November 2022, with one round impacting 20% of its workforce
by Marian McPherson Dec 19
Flyhomes rebounds with launch of nationwide lender partner channel
'Buy before you sell' product is the first offering in a phased rollout following 2 rounds of layoffs, with plans to offer a full suite of Flyhomes products, including cash offer services
by Matt Carter Oct 11
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
Anywhere vet Simon Chen is new CEO of bridge loan provider Arrival
San Francisco-based startup lets homeowners tap their equity to obtain bridge loans and submit a 'cash-equivalent offer' on their next home with real estate agents of their choice
by Matt Carter Jul 20
Zavvie rolls out power buyer services to mortgage lenders
After debuting a power buyer program for real estate brokerages in February, zavvie now has power buyer partnerships with 30 mortgage lenders in 9 states
by Matt Carter Jul 5
Zavvie debuts power buyer program
The white-labeling program, zavvie Power Buyer, was announced exclusively to Inman and will include 2 models: contingency-free (cash offer) financing and a buy-before-you-sell bridge loan
by Craig C. Rowe Feb 15