HousingWireHousingWire Tomo Mortgage on Tuesday announced the closure of $20 million in Series B funding that was led by three existing investors and a new participant. The funding round was led by prior investors Ribbit Capital, DST Global and NFX along with new investor Progressive Insurance. Tomo, which was founded…
Continue reading →HousingWireHousingWire Federally registered broker and correspondent lender Milestone Mortgage Solutions has acquired Willow Home Loans and is looking to join the $1 billion origination club this year. Milestone, the largest brokerage in Massachusetts over the past three years, said the companies will be able to combine Willow’s top-drawer proprietary technology…
Continue reading →HousingWireHousingWire Optimal Blue‘s February 2025 Market Advantage mortgage data report, released Tuesday, showcased a 7% month-over-month increase in mortgage lock volume, which the company said was primarily driven by a surge in refinance activity. Rate-and-term refinances saw the biggest jump, rising nearly 40% compared to January as homeowners jumped on…
Continue reading →HousingWireHousingWire After the National Association of Realtors settlement changed how commission is paid, there was some fear among agents that buyers and sellers might forgo their services in favor of handling the transaction themselves. For the most part, that hasn’t happened. About 73% of sellers said using a real estate…
Continue reading →HousingWireHousingWire For those who think being an independent landlord is easy, congratulations — you’re wrong. The challenges mount from the jump. Finding the best tenant is an uphill battle for some landlords. Then, they often face dissatisfied tenants, pesky maintenance issues, and tenants who can’t or won’t pay their rent…
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