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HousingWireHousingWire Mortgage capital markets technology firm Polly has raised $25 million to invest in research and development, product innovation and expansion, the company said on Tuesday. 8VC led the latest equity investment with participation from existing investors Menlo Ventures, Meritech, Khosla Ventures and Fifth Wall. Polly has increased its locked…
Continue reading →HousingWireHousingWire Chicago has cemented its position as one of the most valuable real estate markets in the United States, recently surpassing the $1 trillion mark in real estate asset value. This places Chicago alongside major markets such as New York, Los Angeles and Atlanta, creating a flourishing environment for real…
Continue reading →HousingWireHousingWire Redfin is facing an updated and amended complaint in the video privacy lawsuit recently filed against it by plaintiff Guillermo Mata. The suit was originally filed in late June in the U.S. District Court for the Southern District of California. The suit accuses Redfin of violating the Video Privacy…
Continue reading →HousingWireHousingWire Corcoran Group is expanding to the Tar Heel State. The brokerage announced this week that it’s adding a franchise in Raleigh, North Carolina, the company’s first foray into the state. DeRonja Real Estate is the franchisee and it boasts 36 experienced agents. “The beautiful and iconic Corcoran branding, paired…
Continue reading →HousingWireHousingWire After several months of searching, Freddie Mac has found a new CEO, announcing on Tuesday the hiring of former PNC Financial Services executive Diana Reid. The government-sponsored enterprise (GSE) had been without a permanent CEO since March, when Michael DeVito retired after three years on the job. Michael Hutchins…
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