‘Dating the rate’ misled borrowers. Now they’re financially strained
“Marry the house, date the rate” is a phrase that was popularized during the post-pandemic era of rising mortgage rates. Lenders urged borrowers to focus on finding a house they were head over heels with and worry about their interest rate down the line.Borrowers who were accustomed to rates hoverin
PropStream expands lead generation tech through acquisitions
PropStream, a real estate data and analytics subsidiary of Stewart Information Services, has acquired lead generation and marketing platforms Batch Leads and Batch Dialer.The acquisitions merge PropStream’s property data capabilities with Batch Leads’ artificial intelligence-driven lead generation t
Bilt raises $250M to expand into mortgages, with backing from UWM
Bilt, which operates a loyalty program and credit card that converts rent payments into points, has secured a $250 million funding round led by General Catalyst and GID, with participation from United Wholesale Mortgage (UWM), the nation’s largest mortgage lender.The funding brings Bilt’s valuation
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