mortgage

Almost 17 million LoanDepot customers had sensitive personal information, including Social Security numbers, stolen in a January ransomware attack, the company has confirmed. The loan and mortgage giant company said…

LoanDepot says about 17M customers had personal data and Social Security numbers stolen during cyberattack

LoanDepot customers say they have been unable to make mortgage payments or access their online accounts following a suspected ransomware attack on the company last week. The mortgage and loan…

LoanDepot outage drags into second week after ransomware attack

Real estate services giant Fidelity National Financial has confirmed hackers stole data on 1.3 million of its customers during a November cyberattack that knocked the company offline for a week.…

Fidelity National Financial says hackers stole data on 1.3 million customers

Mortgage and loan giant LoanDepot said Monday it is experiencing a cyberattack and that it’s “working diligently to restore normal business operations as quickly as possible.” The Irvine, California-based company…

LoanDepot hit by suspected ransomware attack

Hackers stole the sensitive personal information of more than 14.6 million Mr. Cooper customers, the mortgage and loan giant has confirmed. In a filing with Maine’s attorney general’s office, Mr.…

Mr. Cooper hackers stole personal data on 14 million customers

Mortgage and loan giant Mr. Cooper says a “cybersecurity incident” earlier this week was the cause of an ongoing outage, adding that the company is “working to resolve the issue.” The…

Mortgage and loan giant Mr. Cooper blames cyberattack for ongoing outage

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Equity is back in the saddle this week,…

This feels like a SoftBank deal from 4 years ago

The U.S. residential real estate market has been booming because of the pandemic. Although the rise in home prices has shut many people out of the market, it’s been highly…

Vontive wants to be the Palantir of real estate investing

For many of us, our home is by far our biggest asset, and in the world of fintech, that’s led to a logical extension: when you need money, borrow against…

Selina raises $150M to dish out flexible loans that leverage home equity

If you’ve ever taken out a mortgage, you know how painful and tedious the process can be. In an effort to make it simpler, faster and cheaper, a pair of…

Vesta closes on $30M in an a16z-led Series A to build a new kind of mortgage infrastructure

If you’ve ever had to apply for a mortgage, you know that it can be a time-consuming, expensive and often painful process — both in terms of just filling out…

Staircase steps up effort to build the ‘AWS Marketplace for the mortgage industry’ with fresh $18M

Homeownership is one of the key components to building intergenerational wealth, and Landis is working to make that a reality for renters.

Sequoia, Jay-Z, Will Smith back Landis’ $165M debt, equity round toward making homeownership accessible to everyone

Following on from mid-June when first-time buyer mortgage lending startup Generation Home raised a $30.4m Series A round and a £300m loan facility from NatWest, it’s now adding to its…

Tom Blomfield takes first board post at Generation Home, after leaving Monzo and Angel investing

There are so many startups pledging to reinvent the mortgage process that it’s hard to keep up. But for anyone who has had to go through the process of applying…

Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process

With a stated goal of aligning the mortgage industry with consumer interests, Austin-based UpEquity has raised $25 million in equity and debt funding to expand its business. Chief executive Tim…

UpEquity raises $25 million in equity and debt for its cash-pay mortgage lending service

If you’ve ever applied for a mortgage, you know it’s one of the most painful processes out there. Keeping up with payments and dealing with customer service over the course…

Valon closes on $50M a16z-led Series A to grow mobile-first mortgage servicing platform

A month before the COVID-19 pandemic had spread to North America, auto fintech startup MotoRefi — newly armed with nearly $9 million in venture capital — was preparing to bring…

MotoRefi raises $10M to keep pedal on auto refinancing growth

The pandemic might have wiped out whole swaths of the economy, but one area that is pulsating with activity is home sales. Driven by remote work and changing commute patterns,…

As home sales skyrocket and IPO looms, Diane Yu joins fintech Better.com as CTO

Google Cloud today announced the launch of Lending DocAI, its first dedicated service for the mortgage industry. The tool, which is now in preview, is meant to help mortgage companies…

Google Cloud launches Lending DocAI, its first dedicated mortgage industry tool

Real estate is one of those classic industries we always talk about in Silicon Valley: multi-trillion dollars in scale in terms of assets and transaction volume, but still relying on…

Spruce is eliminating the drudgery of real estate, and has $29M more from Scale to make sales easy

Home ownership has long been touted as the American dream. But rising rates of mortgage debt and student loan debt are making the pursuit of home ownership a nightmare. Debt-burdened individuals…

Patch Homes locks in $5M Series A to give homeowners financial freedom without debt

Splash Financial, a Cleveland-based startup that has partnered with the Pentagon Federal Credit Union to refinance student loans, has raised $4.3 million in a round of venture financing. The round…

Student loan refinancing startup Splash Financial raises $4.3 million

Zillow, the publicly traded real estate portal and lead generation service, has acquired Mortgage Lenders of America. This is Zillow’s first move into originating mortgages. Until now, the company’s focus in this…

Zillow gets into the mortgage business, acquires Mortgage Lenders of America

Prosper Marketplace, the marketplace lender focused on refinancing and credit rehabilitation, has re-launched its BillGuard app (acquired last September) under its own brand as Prosper Daily. With the rebranding, the former BillGuard becomes…

Prosper Marketplace relaunches its BillGuard app under the Prosper brand
Startups

Don’t Mortgage Your Startup

The last 5-10 years have been an extraordinary time for early stage tech founders to raise money. But easy access to capital has ingrained some bad habits among founders. There…

Don’t Mortgage Your Startup