Articles Tagged with ''online real estate listings''

HomeLight acquires digital mortgage startup Eave, expands into mortgage lending

HomeLight will begin lending in 6 states
HomeLight, an online real estate platform that uses data and technology to connect home sellers with buyers and real estate agents, is getting into the mortgage business, following in the path blazed by companies like Zillow, Redfin, and Opendoor. The company announced Wednesday that it has acquired Eave, a digital mortgage lending startup that launched last year.
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Citizens Bank unveils digital home buying and mortgage experience

Customers can search for homes online, apply for a mortgage digitally, and more
Citizens Bank, which became one of the country’s largest mortgage companies when it acquired Franklin American Mortgage last year, is now diving headfirst into digital mortgages. This week, Citizens unveiled a new digital mortgage experience that will enable borrowers to both apply for and manage their mortgages online. But that’s not the only part of the home buying journey that Citizens is digitizing. The bank is also now offering to help borrowers find their next house as well.
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Real estate startup Reali acquires online lender Lenda, expands into mortgages

Launches Reali Loans
Reali, a flat-fee real estate startup that operates in California, is following the path laid out by other tech-focused real estate companies like Zillow, Redfin, and Opendoor and getting into the mortgage business. Reali announced Wednesday that it acquired Lenda, an online mortgage lender that launched in 2013 and currently operates in 12 states.
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Zillow is now a mortgage lender, launches Zillow Home Loans

Rebrands Mortgage Lenders of America to carry Zillow name
Zillow has owned a mortgage company for approximately six months, having purchased Mortgage Lenders of America in November 2018, but now, the online real estate giant has truly become a mortgage lender as well. Zillow announced Tuesday that it is launching its own mortgage lending operation, which it is calling Zillow Home Loans.
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[Pulse] Zillow execs swap seats in blatant bid to redeem investors' confidence

Investors know they can count on Barton in turmoil
Zillow Group announced less than two weeks ago the return of Rich Barton to replace Spencer Rascoff as CEO of the online real estate titan amid the company's audacious pivot into mortgage lending and real estate flipping. The move is a transparent plan to calm investor nerves as the company embarks on its next phase of growth.
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Zillow replaces CEO Spencer Rascoff with original CEO Rich Barton

Rascoff steps down after leading company since 2010
In what can only be categorized as a shocking development, Zillow Group announced Thursday that Spencer Rascoff is stepping down as the company’s CEO, a position he’s held since 2010. Rascoff, who helped found Zillow, took over as CEO in 2010 for Rich Barton, who served as the company’s first CEO and is also a co-founder. And Zillow isn’t looking too far to find Rascoff’s replacement, as the online real estate giant announced that Barton is returning to serve as CEO again.
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Zillow begins buying houses in Texas

Zillow Offers launches in Houston
Homeowners in one of Texas’ biggest cities can now sell their houses to Zillow, as the online real estate giant just announced that it is launching direct home buying operations in the Lone Star State.
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Zillow awards $1 million prize for making Zestimates more accurate

Claims contest winners’ algorithm improves Zestimate accuracy
The Zestimate that appears on every listing on Zillow is about to get a little closer to the expected sales price of a house, and all the online real estate giant had to do is give away more than $1 million. But Zillow is hardly chalking this exercise up as a loss. Just the opposite, in fact.
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Zillow to begin buying houses in California, North Carolina

Expands direct buyer business to Riverside, California and Charlotte, North Carolina
It seems to be all about expansion these days for Zillow. The online real estate giant recently got into the mortgage business with its acquisition of Mortgage Lenders of America. Zillow has also been growing its direct buyer business, Zillow Offers, wherein the company is buying houses directly from sellers then lists the home for sale. And the company will soon be buying houses in California and North Carolina.
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