Items Tagged with 'Zillow Mortgages'

ARTICLES

  • Here’s how much Zillow is paying to get into the mortgage business

    Company reveals cost of Mortgage Lenders of America acquisition
    Zillow’s stock tanked on Wednesday after the online real estate giant released softer-than-expected guidance about the company’s expectations for the near-term, but that wasn’t the only big piece of news that Zillow released. Zillow also disclosed, for the first time, exactly how much it is paying to get into the mortgage business.
    Read More
  • Zillow stock tanks

    Suffers worst day since going public
    Zillow’s stock dropped more today than it ever has in a day's trading following yesterday's release of the real estate giant's third quarter earnings report.
    Read More
  • Zillow is now officially in the mortgage business

    Is “Zillow Mortgage” coming soon?
    It’s official – one of the biggest names in real estate just joined the mortgage industry. Zillow announced Thursday that it completed its acquisition of Mortgage Lenders of America, marking its official first step into the mortgage industry. Could Zillow Mortgage be coming soon?
    Read More
  • The last domino: Zillow is getting into the mortgage business

    First homebuying, now lending
    The dramatic reshaping of Zillow’s place in the real estate ecosystem is about to take a giant step forward, as the online real estate behemoth announced Monday that it is getting into the mortgage business. To power its expansion into mortgages, Zillow is buying Mortgage Lenders of America.
    Read More
  • Zillow just reported its best year ever, in nearly every way

    Record revenue and traffic, but still posts a net loss
    Zillow Group, the online real estate giant that includes brands like Zillow, Trulia, SreetEasy, HotPads, and Naked Apartments, just turned in its best year ever from a revenue and traffic perspective, but still posted a net loss for the year, the company said Tuesday afternoon. But the company plans to keep growing in 2017, stating that it plans to bring in $1 billion in revenue this year.
    Read More
  • Zillow posts biggest profit ever

    Back in the black for first time since 4th quarter of 2013
    Don’t look now, but Zillow Group just turned in its best quarter ever. The online real estate giant said Tuesday that it brought in record revenue in the third quarter. And even more than record revenue, Zillow revealed that it ended a nearly three-year run in the red. And even more than that, Zillow’s profit during the third quarter was its largest quarterly profit ever.
    Read More
  • Zillow: Refinances skyrocket in wake of Brexit

    Record low interest rates drive massive jumps in refinance mortgage requests
    A recent report from the Mortgage Bankers Association showed that refinance applications jumped to an 18-month high in the wake of Britain's decision to leave the European Union. Further evidence of the apparent refinance boom came in Friday, when Zillow reported that refinance mortgage requests through its mortgage marketplace skyrocketed since the Brexit. Is a refinance boom upon us?
    Read More