PYMNTS-MonitorEdge-May-2024

homeownership

Jay-Z, Will Smith Back Landis In $165M Funding Deal
Jay-Z, Will Smith Back Landis In $165M Funding Deal
July 27, 2021  |  Startups

Funds by rapper Jay-Z and actor Will Smith kicked in a monetary boost to FinTech startup Landis with fresh capital that brings the company’s total...

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How Responsibly Accelerated Mortgage Underwriting Can Save Consumers, Lenders Money
How Responsibly Accelerated Mortgage Underwriting Can Save Consumers, Lenders Money
October 21, 2019  |  Faster Payments

When financing a first home, a complicated mortgage process can confuse buyers, and draw out loan underwriting timelines — costing time and money. Yet, lenders...

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Zillow: Student Loans, Medical Debt Roadblocks To Mortgages
Zillow: Student Loans, Medical Debt Roadblocks To Mortgages
September 30, 2019  |  Debt

New data released by Zillow reveals that medical debt and student loans are two of the biggest obstacles facing aspiring home buyers. The 4th annual...

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Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent
Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent
June 01, 2019  |  Retail

More American adults own their homes than rent them – fewer than two-thirds own, while a little over one-third rent. Those numbers have been relatively consistent for the last...

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Newly Funded Feather Brings Furniture Subscription To LA
Newly Funded Feather Brings Furniture Subscription To LA
May 16, 2019  |  Investments

Furniture subscription rental service Feather is using its latest round of funding to expand to Los Angeles. The company raised $12 million in a Series A...

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Rising Interest Rates, Housing Prices Keep Millennials Renting
Rising Interest Rates, Housing Prices Keep Millennials Renting
January 14, 2019  |  Real Estate

Millennials are being shut out of the real estate market as rising home prices and interest rates are pushing homeownership out of the reach of...

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Divvy Founders On Building A Millennial Bridge Between Renting And Homeownership
Divvy Founders On Building A Millennial Bridge Between Renting And Homeownership
October 17, 2018  |  Real Estate

For much of the early 2010s, there was an emerging piece of conventional wisdom that millennials were on the verge of radically breaking from the...

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Divvy Lands $30M To Disrupt The Homeownership Model
Divvy Lands $30M To Disrupt The Homeownership Model
October 10, 2018  |  Investments

Homeownership startup Divvy announced that it has raised $30 million in equity and debt from Andreessen Horowitz, with participation from seed investors Caffeinated Capital, DFJ...

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Millennials Turn To Crowdfunding For Mortgage Down Payments
Millennials Turn To Crowdfunding For Mortgage Down Payments
July 17, 2018  |  Alternative Finances

When one tries to Google the phrase “millennials and mortgages,” something curious happens. Two different – and in some cases, mutually exclusive sounding – accounts...

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