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
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
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
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
Rates may ease, but affordability tools will still be in demand
Zillow, UWM executives are optimistic mortgage rates will come back down but advised real estate agents at Inman Connect New York on Tuesday to get familiar with affordability tools
by Matt Carter Jan 24
New American Funding referring homeowners to EasyKnock
Independent mortgage lender is now sending homeowners who are interested in converting their home equity into cash over to EasyKnock to explore a sale-leaseback
by Matt Carter Jan 24
New twists on home lending create opportunities for agents
As technology changes the way people think about homeownership, real estate agents will still be part of the picture say execs of EasyKnock, Flyhomes and Zillow at Inman Connect Las Vegas
by Matt Carter Aug 4
New tools to unlock trapped home equity could boost home sales
During an Inman Connect session Tuesday, founders of Point and EasyKnock said they're out to revolutionize the concept of homeownership
by Matt Carter Jun 15