Seasonality is back, iBuying is alive, and other big earnings takeaways
This week saw a flood of real estate company earnings reports. Overall, they indicate the market is well-positioned and maybe returning to some semblance of normalcy
by Jim Dalrymple II Nov 11
Blend's Q3 earnings take a hit as $54M in IPO compensation vests
The cloud banking software developer raises revenue guidance as it signs new clients, launches new products and integrates Title365 acquisition
by Matt Carter Nov 10
Ocrolus will help Blend automate mortgage doc processing
Initial focus will be on document automation for mortgage applications, with potential to extend into other business areas
by Matt Carter Nov 8
New, deeper mortgage relationships boost Blend's Q2 revenue
The San Francisco-based cloud banking software developer reported second quarter revenue of $32.1M, up 46% from a year ago, according to an earnings call on Friday
by Matt Carter Aug 23
Digital closing platform Snapdocs valued at more than $1.5B
Snapdocs has raised $150 million in a series D funding round. The platform now touches nearly 20 percent of U.S. real estate transactions
by Matt Carter May 25
Doma adds Wells Fargo as a client as it prepares to go public
The startup, which is aimed at digitizing the transaction process, plans to go public through a blank check merger with Capitol Investment Corp. V
by Matt Carter May 18
Fifth Wall Ventures announces new $500M proptech fund
The venture capital firm built a 'consortium' of 48 limited partners to provide guidance and give startups access to more companies
by Patrick Kearns Jul 17
Blender with Blend logo on it
The Peter Thiel-backed startup plans to use the new capital to continue growing its team of nearly 400 employees
by Patrick Kearns Jun 24
Blender with Blend logo on it
The San Francisco-based startup unveiled new digital HELOC and HELOAN products for banks and lenders, aiming to reduce the time it takes for consumers to squeeze their properties for cash
Blend names former Fannie Mae chief executive as first president
At Fannie Mae, Timothy Mayopoulos helped resuscitate the government-sponsored entity after the 2008 housing crisis
Paypal Mafia art
Led by Peter Thiel, Keith Rabois and other tech kingpins, the so-called PayPal Mafia and a group of Blackstone veterans are remaking the real estate industry in their image
by Teke Wiggin Sep 10
House home made of money dollars bills
Lennar's investments and partnerships with Opendoor and Amazon are putting the builder on stage with Silicon Valley venture capitalists
by Emma Hinchliffe Jun 26
Capital Connect NY 18: Mortgage the future
Placing big bets on digital mortgage, title and other process enhancements
by Inman Mar 6
Blend offices
Startup is among the first to provide asset verification for Fannie Mae's mortgage applicants
by Emma Hinchliffe Feb 13
Blend's mortgage tech attracts $100M funding round
Digital lending rat race heats up as money pours into the space
by Marian McPherson Aug 25