homeownership

Rocket Companies Hires Shawn Malhotra to Drive ‘AI-Fueled Homeownership’
Rocket Companies Hires Shawn Malhotra to Drive ‘AI-Fueled Homeownership’
May 06, 2024  |  Personnel

Rocket Companies has hired Thomson Reuters veteran Shawn Malhotra as its first chief technology officer (CTO). In this newly created role, Malhotra will oversee the development and implementation of artificial...

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New York Fed: Fewer Renters Expect to Ever Buy Home
New York Fed: Fewer Renters Expect to Ever Buy Home
May 06, 2024  |  Consumer Insights

Renters are less confident that they will ever own a home than they have been since the Federal Reserve Bank of New York began asking them about...

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Amazon Invests $40 Million to Help Moderate-Income Families Buy Homes
Amazon Invests $40 Million to Help Moderate-Income Families Buy Homes
September 13, 2023  |  Amazon

Amazon has launched a new pilot initiative in collaboration with the National Housing Trust (NHT), a nonprofit group, to increase homeownership opportunities for underserved communities. With an investment...

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KeyBank Launches Homebuyer Assistance Program for Underserved Communities
KeyBank Launches Homebuyer Assistance Program for Underserved Communities
July 06, 2023  |  Real Estate

KeyBank has launched a homebuyer assistance program for underserved communities. The new KeyBank Neighbors First Credit program provides credits of up to $5,000 to help homebuyers...

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Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
Scarce Housing Inventory Adds to Millennials Already Low Homeownership Expectations
May 26, 2023  |  Economy

Lately, it seems that just when things started to look more promising for those seeking to purchase a home, a new set of discouraging numbers gets...

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Inflation’s Driven 18M Consumers to Give Up on Buying a New Home
Inflation’s Driven 18M Consumers to Give Up on Buying a New Home
February 09, 2023  |  Real Estate

Increasingly, having a room of one’s own — an affordable house or rental — feels out of reach. In the most recent monthly PYMNTS gauge...

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BofA Debuts Minority Homebuyer Program in 5 Cities
BofA Debuts Minority Homebuyer Program in 5 Cities
August 30, 2022  |  Real Estate

Bank of America has launched what it calls an affordable loan solution geared towards Black and Latino first-time homebuyers. According to a Tuesday (Aug. 30)...

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Faced With Soaring Costs, Tight Supply, Renters Tap Crowdsourcing, Government Aid
Faced With Soaring Costs, Tight Supply, Renters Tap Crowdsourcing, Government Aid
May 19, 2022  |  Connected Economy

Charity begins at home, and home is often the endpoint as well. In a rental housing market that’s got millions feeling frantic, desperation is yielding...

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Australian FinTech OwnHome Unlocks $31M in Funding for Portfolio, Platform Growth
Australian FinTech OwnHome Unlocks $31M in Funding for Portfolio, Platform Growth
February 06, 2022  |  Real Estate

Australian FinTech startup OwnHome, which has a goal of “turning renters into property owners,” has raised $31 million in a Series A funding round, according...

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