real estate

Report: Malls Offer Preview of Commercial Real Estate Collapse
Report: Malls Offer Preview of Commercial Real Estate Collapse
February 19, 2023  |  Real Estate

Are malls the canary in the commercial real estate coal mine? A recent Bloomberg News report warns that the collapse of the American mall industry...

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Inflation’s Driven 18M Consumers to Give Up on Buying a New Home
Inflation’s Driven 18M Consumers to Give Up on Buying a New Home
February 09, 2023  |  Real Estate

Increasingly, having a room of one’s own — an affordable house or rental — feels out of reach. In the most recent monthly PYMNTS gauge...

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Inter&Co Acquires YellowFi to Add Real Estate Investing to Ecosystem
Inter&Co Acquires YellowFi to Add Real Estate Investing to Ecosystem
February 07, 2023  |  Acquisitions

Inter&Co has acquired YellowFi to expand the ecosystem of products it offers in the United States. The transaction adds YellowFi’s mortgage originator and fund manager...

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CFPB Warns of Mortgage Platform ‘Double Dealing’ as Rates Climb
CFPB Warns of Mortgage Platform ‘Double Dealing’ as Rates Climb
February 07, 2023  |  CFPB

The Consumer Financial Protection Bureau is warning Americans about “double dealing” by mortgage comparison-shopping platforms. “Companies operating these digital platforms appear to shoppers as if...

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Rising Housing Costs Set Stage for Solutions Aiding Renters and Homebuyers 
Rising Housing Costs Set Stage for Solutions Aiding Renters and Homebuyers 
February 06, 2023  |  Real Estate

Consumers’ financial well-being has been strained as housing costs outpace both inflation and wages.  PYMNTS’ most recent “Consumer Inflation Sentiment” report examines this issue across age...

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Inflation Fuels Housing Crisis 2.0 as Home Ownership and Rentals Test Affordability
Inflation Fuels Housing Crisis 2.0 as Home Ownership and Rentals Test Affordability
February 03, 2023  |  Real Estate

Inflation’s impact on the affordability of housing is putting the American dream of home ownership further out of reach for more consumers, with even renting...

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Upstart Laying Off 365 Employees as Loan Originations Decline
Upstart Laying Off 365 Employees as Loan Originations Decline
January 31, 2023  |  Personnel

Upstart is laying off 365 employees due to reduced demand for lending. The artificial intelligence (AI) lending platform said in a Tuesday (Jan. 31) filing...

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D2C Builder Welcome Homes Sees Niche Opportunity Amid Real Estate Turmoil
D2C Builder Welcome Homes Sees Niche Opportunity Amid Real Estate Turmoil
January 23, 2023  |  Real Estate

As homebuilding slows down, one D2C startup says it’s just finding its niche. In an interview with PYMNTS, Alec Hartman, co-founder and CEO of direct-to-consumer...

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UK Mortgage Payments Hit Highest Level Since 2008
UK Mortgage Payments Hit Highest Level Since 2008
January 13, 2023  |  Real Estate

Mortgage costs relative to income in the United Kingdom have risen to their highest level in years. The latest data published by mortgage lender Nationwide...

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