What to expect at HousingWire’s Spring Summit

The focus of the Summit is The Year-Round Purchase Market. Record low rates led to a banner year for mortgage lenders in 2020, and this year is expected to be just as incredible.

Increasing lending and servicing capacity – regardless of rates

Business process outsourcing and digital transformation are proven solutions that more companies in the mortgage industry are turning to. Download this white paper for more.

HousingWire's 2021 Spring Summit

We’ve gathered four of the top housing economists to speak at our virtual summit, a new event designed for HW+ members that’s focused on The Year-Round Purchase Market.

An Honest Conversation on minority homeownership

In this episode, Lloyd interviews a senior research associate in the Housing Finance Policy Center at the Urban Institute about the history and data behind minority homeownership.

FintechInvestmentsReal EstateProptech

Rentlogic raises $2.4 million in seed funding to grade NYC apartment buildings

Proptech startup is latest in a string of startups receiving attention from investors

Rentlogic, a tech platform utilizing an algorithm and public data to grade New York City residential buildings, just closed a $2.4 million seed funding round.

The company said that it plans to use the new funding to expand its operations and sales team.

“This seed round validates the positive impact of Rentlogic’s approach to aiding both property owners and residents,” Rentlogic Founder and CEO Yale Fox said in a statement.

“This vital support will allow us to continue developing new, innovative tools – including independent inspections – that shed a light on the housing market and make it easier for all parties to interact in a more efficient, transparent, and fair market place,” he added.

Funding came from Urban-X (a pre-seed accelerator built in partnership with BMW/MINI), Urban.Us (the parent of Urban-X) and Edgar Bronfman Jr. (managing partner at private equity firm Accretive).

Rentlogic said that the new funding give the young company "runway" as it seeks to expand its market share.

News of this latest investment in a proptech startup is the latest example of proptech startups receiving a fair amount of attention from investors.

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FHFA extends forbearance period to 18 months

In an effort to protect homeowners, the FHFA extended forbearance coverage to 18 months and pushed the eviction and foreclosure moratorium to June 30.

Feb 25, 2021 By
3d rendering of a row of luxury townhouses along a street

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