General

Lending fintech Tomo Networks raised $40 million in a Series A funding round, doubling its valuation to $640 million. The Stamford, Connecticut mortgage firm, founded in 2020 by two former Zillow executives, will use the new capital to…
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Independent mortgage bankers’ per loan profits dropped to the lowest level in nearly three years during the fourth quarter as production costs rose to a new high, the Mortgage Bankers Association found. At the same time, secondary market…
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A few months after slowing home-price appreciation torpedoed Zillow Group's tech-powered flipping operation, the company's onetime rival is getting a boost from the hot U.S. housing market. Opendoor Technologies, the largest of the…
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