"December 5, 2024" Archives

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Splitero secures $350M in funding from Blue Owl Capital

As consumer debt reaches all-time highs and the cost of living continues to escalate, home equity investment fintech Splitero on Thursday announced a purchase commitment from funds managed by asset manager Blue Owl Capital. Per a release from the companies, Blue Owl’s alternative credit strategy funds will purchase up to $350 million of home equity…

Rocket sues HUD, saying it isn’t accountable for appraiser’s actions

Rocket Mortgage, the third-largest U.S. mortgage lender, is suing the U.S. Department of Housing and Urban Development (HUD), alleging the agency is “unfairly” holding the company accountable for the actions of an independent appraiser in a 2021 case.  The lawsuit was filed Wednesday in U.S District Court in Colorado. A HUD spokesperson told HousingWire that…

Divya Aathresh on using AI to solve brokerage back office problems

Editor in Chief Sarah Wheeler sat down with Divya Aathresh, founder and CEO of MaxHome.AI, to talk about the startup’s goals and how using artificial intelligence to solve real estate’s back-office problems will free up agents to do what they love best. Sarah Wheeler: You founded MaxHome.AI in January. What stage is the company in…

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