Milan-based PropTech firm Casavo recently announced that it is acquiring Paris-based online estate agent Proprioo as part of its expansion into the French market. The Casavo platform streamlines the process of selling property by offering free appraisals to sellers, generating a quick offer to buy...
Saying it wants to help make homeownership more affordable, technology-powered real estate company Redfin has added a new feature to the home listings on its website: information about programs that offer down payment assistance and affordable lending. The new feature is enabled by Redfin’s partnership...
Fannie Mae has rolled out its Multifamily Positive Rent Payment Reporting program to help renters build credit history and improve their scores, a company press release said. It will start as of Sept. 27, and will let eligible multifamily property owners share rent payment data...
Opendoor Technologies reported it lost money on 42% of transactions in August as the U.S. housing market falters for builders, flippers and others looking to sell houses, Bloomberg wrote Monday (Sept. 19). Opendoor has warned investors that it thinks it’ll lose as much as $175 million...
Citigroup is close to signing a new deal which would move its European headquarters to a new locale in Dublin, after its old waterfront office address was put on the market in March. The bank’s €100 million ($99.1 million) deal to buy a new office...
Bank of America has launched what it calls an affordable loan solution geared towards Black and Latino first-time homebuyers. According to a Tuesday (Aug. 30) news release, the zero down payment, zero closing cost program will be available in “designated markets, including certain Black/African American...
Corporate disbursements FinTech Onbe is working with financial services firm Equity Trust Company on a project the companies say will modernize the way investors pay real estate expenses within their self-directed individual retirement accounts (IRAs). “Expense Pass, managed by Onbe on behalf of Equity Trust,...
In the tightest housing market in memory, it’s hard to wrap one’s mind around the fact that thousands of very desirable second homes sit empty most of the year. That inventory isn’t rented or listed, which seems a pity considering how nice — and empty —...
Stoa, the Arizona company that debuted the FlipOS by Stoa platform for single-family home investors, has gotten another $100 million securitization toward helping to close the housing gap, a press release said last week (Aug. 11). The round was underwritten by Cantor Fitzgerald, a leading...
