Tim Heyl on Homeward’s power buyer pivot in a high-rate cycle
The power buyer CEO also weighs in on whether traditional iBuyers will ever see their Goldilocks moment and turn a regular profit
by Taylor Anderson Sep 9
Calque unveils 'light' version of its 'buy before you sell' offering
Touted as faster and more affordable, Calque's new 'Contingency Buster' product is tailored to homeowners who don't need to tap their equity when buying their next home, executives say
by Matt Carter Aug 27
Calque adds 2 more lenders to growing nationwide partner roster
Austin, Texas-based fintech's flagship product, 'The Trade-In Mortgage,' helps homebuyers make non-contingent offers and removes their current house from debt-to-income calculation
by Matt Carter Aug 9
More lenders partner with Calque to offer 'The Trade-In Mortgage'
EMM Loans, Searchlight Lending join growing list of mortgage lenders who have partnered with Calque to help homeowners tap their equity and make non-contingent offer to buy before they sell
by Matt Carter Jul 10
Knock integrating bridge loans into partners' prequal processes
NFM Lending is the first to take advantage of Knock API integrations, which let loan officers know if homebuyers can tap the equity in their existing home and buy before they sell
by Matt Carter Jun 20
With $15M goal, Knock turns to 'everyday' investors
Second Century Ventures and Foundry Venture Capital have backed the company with $10M. Knock is now turning to public funding site Wefunder to get to $15M
by Craig C. Rowe Feb 26
Anywhere vet Simon Chen is new CEO of bridge loan provider Arrival
San Francisco-based startup lets homeowners tap their equity to obtain bridge loans and submit a 'cash-equivalent offer' on their next home with real estate agents of their choice
by Matt Carter Jul 20
Zavvie rolls out power buyer services to mortgage lenders
After debuting a power buyer program for real estate brokerages in February, zavvie now has power buyer partnerships with 30 mortgage lenders in 9 states
by Matt Carter Jul 5
REACH turns 10: Inside the NAR tech accelerator's success rate
Since the accelerator launched a decade ago, 80 companies have graduated from the program, an Intel analysis shows. More than 75% are still in business and about 20% have been acquired
What happened with power buying in 2022? Let's look at the numbers
The market went south, but consumers' appetite for power buying didn't, according to a new report from real estate marketplace zavvie
by Taylor Anderson Feb 1
Power buyer Knock says it will now work with any lender or agent
Homebuyers can use the Knock Home Swap Equity Advance in conjunction with a purchase loan from any lender to make a non-contingent offer when buying their next home
by Matt Carter Jan 24
Knock increases bridge loan for home prep to $35,000
The 6-month loan is a component of Home Swap that allows clients to prepare a home for market through basic repairs, small finish upgrades, painting and other items buyers look for in a home
by Craig C. Rowe Jan 18
The biggest mortgage, lending and housing finance stories of 2022
The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to 'right size' and helped crown a new leader in mortgage lending
by Matt Carter Dec 28
Homeward CEO Tim Heyl and the path forward for power buyers
Heyl said his company is built to handle down markets. He spoke with Inman ahead of Inman Connect New York, where he’ll be talking about tech, data and the biggest trends in 2023
by Taylor Anderson Dec 14
Zoodealio's smart upgrades reflect an evolving industry: Tech Review
One-time Inman New Kid on the Block, Zoodealio's updates adjust to new purchasing models created by the mortgage-hybrids, and introduce another way to sell: Cash+
by Craig C. Rowe Dec 2