Seven months after a $16 million Series B round, digital mortgage platform Maxwell has raised $52.5 million in additional funding, the company said on Tuesday. The latest round was led by Fin VC, the venture capital firm that also led the Series B capital raise. … Continue readingDigital mortgage platform Maxwell raises another $52.5M
Seven months after a $16 million Series B round, digital mortgage platform Maxwell has raised $52.5 million in additional funding, the company said on Tuesday. The latest round was led by Fin VC, the venture capital firm that also led the Series B capital raise. … Continue readingDigital mortgage platform Maxwell raises another $52.5M
Zillow CEO Rich Barton. Antonio Pellegrini was stunned. In May the real estate agent listed a two-bedroom home in Fountain Hills, Arizona, 30 miles north of Phoenix, for $342,000. After 25 days on the market, there were no takers for the 1,400-square-foot home and Pellegrini … Continue readingInside Zillow’s misadventures in iBuying
Zillow CEO Rich Barton. Antonio Pellegrini was stunned. In May the real estate agent listed a two-bedroom home in Fountain Hills, Arizona, 30 miles north of Phoenix, for $342,000. After 25 days on the market, there were no takers for the 1,400-square-foot home and Pellegrini … Continue readingInside Zillow’s misadventures in iBuying
RIVERTON, Utah–(BUSINESS WIRE)–Mountain View Village, Riverton’s 85-acre mixed-use destination lifestyle center is adding 34 new restaurants, entertainment, health, beauty, apparel and home stores, and is set to host a Grand Opening of Phase II on Memorial Day Weekend 2022. The 1,000,000 sq ft property will … Continue readingCenterCal Properties Bringing 34 New Restaurants and Businesses to Riverton, Utah, in Phase II of Mountain View Village
Bill Borden, corporate vice president of worldwide financial services at Microsoft Tech giant Microsoft plans to launch a new cloud-computing offering targeting the financial-services market on Nov. 1 as part of an effort to further bolster its fast-expanding cloud business. The secondary market may want … Continue readingWhat Microsoft’s new cloud platform means for mortgage
Bill Borden, corporate vice president of worldwide financial services at Microsoft Tech giant Microsoft plans to launch a new cloud-computing offering targeting the financial-services market on Nov. 1 as part of an effort to further bolster its fast-expanding cloud business. The secondary market may want … Continue readingWhat Microsoft’s new cloud platform means for mortgage
This is part two of a two-part series on joint ventures in the housing industry. To read the first part of this series, go here. On a sunny, serene fall afternoon, the Chicago neighborhood of Ravenswood featured quiet socializing on outdoor brewery patios, cyclists of … Continue readingLawsuits, red tape & interest rates: Do mortgage JVs have staying power?
This is part two of a two-part series on joint ventures in the housing industry. To read the first part of this series, go here. On a sunny, serene fall afternoon, the Chicago neighborhood of Ravenswood featured quiet socializing on outdoor brewery patios, cyclists of … Continue readingLawsuits, red tape & interest rates: Do mortgage JVs have staying power?
Servicers’ forbearance portfolio volume declined at a reduced pace this week, as mortgage holders continue to exit COVID-19 plans, according to the Mortgage Bankers Association (MBA). The total number of loans in forbearance decreased by seven basis points to 2.21% as of Oct. 17. … Continue readingGSE forbearance rate declines to 1%