Online real estate marketplace Opendoor rakes in $325 mln

Online real estate marketplace Opendoor rakes in $325 mln

San Francisco-bsed Opendoor, an online real estate marketplace, has secured $325 million in Series E funding. General Atlantic, Access Technology
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Combined mortgage and protection application process is not far off – Assured Futures

According to the latest State of the Protection Nation report from Royal London, 42% of people with a mortgage have no life cover in place, 71% have
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Comcast bids for Murdoch's Fox assets in Disney challenge

Comcast, the US media conglomerate, has submitted another offer to buy parts of 21st Century Fox, after getting rebuffed last year in favour of Disney.
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Some investors frustrated with Hudson's Bay real estate strategy

Hudson's Bay Co.'s real estate strategy is leaving some investors frustrated. At its annual meeting in Toronto on Tuesday, the owner of Saks Fifth
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National Mortgage Servicing Association Petitions FCC on TCPA Regs

On Wednesday, the National Mortgage Servicing Association (NMSA) sent a letter to the FCC requesting clarifications and guidance regarding
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A minimum-wage worker can't afford a 2-bedroom apartment anywhere in the US

Not even in Arkansas, the state with the cheapest housing in the country. … “While the housing market may have recovered for many, we are
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ACLU sues Minnesota city for racial discrimination against black renters

HousingWire reached out to the city of Faribault for comment, but the city has yet to respond. This article will be updated should the city respond.
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Berkadia hires Laura Saull Smith as managing director

Berkadia hired Laura Saull Smith as managing director to add expertise to the firm in providing financing insured by the Department of Housing and
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National Mortgage Servicing Association Seeks Clarity on TCPA Regs

On Wednesday, the National Mortgage Servicing Association (NMSA) sent a letter to the FCC requesting clarifications and guidance regarding
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Real Estate Shopping on Someone Else's Land

At an informational session in the Israeli settlement of Alfei Menashe in the West Bank, a real estate agent engages in sales patter with house hunters
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Blinder Says Trump Has Been 'Spot-On' Regarding the Fed

… discusses how President Donald Trump has handled the Fed with Bloomberg's Tom Keene, Scarlet Fu and Mike McKee on “Bloomberg Markets.
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Traditional Bank announces promotions

LEXINGTON, Ky. (June 13, 2018) — Traditional Bank has made the following promotions: Dana Adamson and F.W. “Buddy” Schneider III to senior
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Trump to name permanent CFPB director next week

“I was not involved in the process,” Mulvaney said, adding that Treasury Secretary Steve Mnuchin and top White House economic advisers Larry
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Opendoor to Expand Services and Market Areas With $325M in Series E Round

Opendoor, an online real estate company claiming to make home-buying and –selling a stress-free and near instantaneous experience, just raised
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Democrats seek to restrict gun rights by targeting financial institutions

The American Federation of Teachers dropped Wells Fargo as the bank it recommended as a mortgage lender for the national education union's 1.7
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Tanker detention in Bulgaria was based on fraudulent mortgage, claims owner

The GNMTC tanker Badr has been under arrest in Bourgas, Bulgaria since November 2017 on the basis of a fraudulent mortgage according to the
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Fannie Mae announces seventh re-performing loan sale transaction

Fannie Mae, the government-sponsored enterprise, announced it began marketing for the seventh sale of its nearly $2 billion re-performing loans,
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Report: University of Michigan among schools with most alums leading Fortune 100 Companies

ANN ARBOR – Fortune Magazine recently released its 64th annual Fortune 500 List, including the educational backgrounds of each company's CEO.
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Improving job market, more prudent lending practices mean fewer foreclosures

Total foreclosure activity for April in Monroe County fell to the lowest levels in five years, thanks to an improving economy and more responsible
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WeWork Is Raising Funds at $35 Billion Valuation, SoftBank Executive Says

For more cash, WeWork tapped the bond markets in April when it sold $702 million in seven-year unsecured bonds. The company's bond offering
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