The CEO and co-founder of Divvy Homes talks homeownership, why the existing mortgage model is broken, and how they are creating a completely new path for first-time homeowners.
According to researchers from the Federal Reserve and University of California, non-bank mortgage lenders are not prepared to weather a financial downturn and are a risk to taxpayers; According to the paper, “Non-bank failures could be quite costly to the government, but this issue has received very little attention in the housing-reform debate. The funding and operational structure of the non-bank mortgage sector remains a significant channel for systemic liquidity risk.”; non-bank lenders originated half of home loans in 2016. Source
Quicken Loans is experiencing growth due to the extraordinarily low-interest rate environment that Covid-19 has brought on the US financial...
Forbes shares the story of Vishal Garg who took his first startup public at the age of 26; he has...
This week, Isabelle sat down with Josip Rupena, founder and CEO of Milo, to talk about the issues facing the mortgage sector.
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