Zillow is shoring up its Home Loans business by ratcheting up pressure on Flex agents, who refer clients to the mortgage arm or risk losing future leads, real estate advisor Mike DelPrete writes
UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80% of the area median income
The expansion is part of Zillow's 'enhanced markets' program, which is now in 6 cities and part of the company's efforts to eventually build a real estate 'super app'
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?
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
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
Opinion
After shuttering Zillow Offers, the company is going back to its agent lead gen roots, according to Mike DelPrete. It's looking for an additional $1.5B to be paid by real estate agents
Executives acknowledged previously that the rollout of proprietary mortgage software was taking longer than expected
Opendoor Home Loans is available in six markets across Texas and Arizona and is supposed to provide consumers with a simpler, faster and cheaper lending experience
The real estate giant officially unveiled the rebranded Kansas-based headquarters of its new Zillow Home Loans division
The real estate tech giant expands its online homebuying and reselling program to its 9th market nationwide and second in Texas
The launch of Zillow Home Loans means people can now search for, sell homes to and finance new-home purchases directly through the Seattle tech giant