Millennials’ finances are crushed by a ‘debt machine,’ Opendoor co-founder says

Millennials are regularly maligned as lazy, avocado toast-loving hipsters, but according to a co-founder of Opendoor — and a new study — the generation is instead plagued by a “debt machine” that puts them at a huge economic disadvantage compared to older generations.

Hold the chicken manure

Speak to someone who has just bought or sold their home, and in most cases, they will tell you it took longer than expected, cost more, and was frustrating and stressful. Why is this?

FHFA raises conforming loan limits to $484,350

The Federal Housing Finance Agency gives 2019 homebuyers a break with a 6.9 percent increase in the max loan amount Fannie Mae and Freddie Mac can purchase. Homebuyers will be able to afford a little more house at a slightly cheaper rate next year than…

LoanDepot originator’s email to Realtor ignites blowback

A mortgage originator with loanDepot in California tried to poach a Realtor who had worked with a mortgage broker on multiple transactions, the company confirmed to Inman after an email detailing the allegations was made public.

Online mortgage lenders aren’t ending discrimination: Study

Despite the latest technology disrupting real estate, people of color and minorities still face discrimination when it comes to homebuying, according to a new study by the University of California, Berkeley.

The craziest parts of the craziest house story you’ll read this week

In a new interview, a New Jersey family reveals the depths of a real estate nightmare that pitted them against an anonymous letter-writing stalker.

Home insurance startup Hippo raises $70M

Hippo, a startup offering online home insurance quotes, has raised $70 million in a funding round led by Felicis Ventures and Lennar Corporation.

More properties are equity-rich than ever before

Some 14.5 million properties in the U.S. are now worth more than twice the cost of their loans, according to Attom Data Solutions.

Got $10? Become a new-home investor with Groundfloor

Atlanta-based real estate crowdfunder Groundfloor allows investors to crowdfund house flippers and new-home construction.

What lenders are doing to fend off disruption

It’s no surprise that real estate professionals are worried that so-called disruptors, like Zillow and Opendoor, will eventually eat their lunches. But has anyone considered that lenders are just as worried about the same thing?