Items Tagged with 'online real estate'

ARTICLES

  • Movement Mortgage, Better.com CEOs: The "one-click" mortgage is not the endgame for the housing business

    Top mortgage execs on why the human element won't disappear
    For the last several years, much of the narrative surrounding the housing business has been focused on the digitization of the mortgage and home buying process. Seemingly every day, there's another lender unveiling a digital mortgage process. And every few weeks, it seems as if there's another iBuyer joining the market, offering homeowners the opportunity to sell their home with the click of a button. But two of the top CEOs in the mortgage business said Friday that the "one-click" mortgage is not the endgame that so many people seem to think it is.
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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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  • 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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  • Knock raises $400 million, plans massive expansion of home trade-in program

    Direct buyer now operating in five markets
    Around this time last year, Knock, a real estate startup that buys homes directly from homeowners, unveiled an expansion plan that would see the company grow its business beyond its first market of Atlanta. Since then, the company has indeed expanded and is now operating in five markets, but the company has much bigger plans than that. And now, the company has the money to reach those goals.
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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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