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Iress renounces the sale of mortgage ass...

Tech company Iress will no longer sell its UK mortgage business and instead plans to increase investment and appoint a divisional CEO and bolster staff to drive growth. In a statement, chief executive Andrew Walsh said that during the selling process, global volatility as well as a fall in technology company valuations meant […]

Mortgage investment fintech Vontive secu...

Vontive, a mortgage platform aimed at streamlining real estate investor transactions, announced that it had secured $135 million in Series B capital with the aim of expanding its operations. Funding for the round was led by Zigg Capital, with additional backing from Founders Fund, Goldcrest, XYZ Venture Capital, 8VC, Nine Four Ventures, Village Global, Godfrey […]

Everybody’s Home recommends investing mo

The National Homelessness Campaign has called for funding for at least 25,000 new homes in the next budget, citing social and economic benefits. Everybody’s Home has tabled its pre-budget submission to the federal government, with the National Campaign to End Homelessness calling for new measures to support housing supply and affordability. The submission, titled Budget […]

Online broker Haysto secures its investm...

Online specialist mortgage broker Haysto has received an investment from Rishi Khosla, CEO and co-founder of OakNorth Bank and technology software specialist, Dr. Steve Garnett. Haysto was launched as an appointed representative of HL Partnership last year, having initially joined the industry as an online specialist mortgage aggregator. The investment is expected to help Haysto […]

Household Capital secures $300 million i...

With Citi and IFM Investors jointly providing the capital, the reverse mortgage provider believes it can better meet growing demand. Household Capital has confirmed it has entered into a securitization facility with Citigroup Inc (Citi) and IFM Investors, the global bank and global fund manager collectively providing the reverse mortgage provider with $300 million. According […]

Proportunity Raises £ 105million Investm

Proportunity has raised £ 105million in investments through debt and equity financing with the aim of supporting more people on the property ladder. This latest round of funding was led by VentureFriends, Kibo Ventures, Anthemis, Entrepreneur First and Amro Partners. The investment will allow Proportunity to grow its team and increase its maximum loan amount […]

Almost 60% of investors think Qld is the...

More than 58% of investors believe Queensland offers the best prospects for real estate – up 61% from a year ago – according to a new poll. The results come from the eighth annual Real Estate Investment Professionals of Australia (PIPA) Real Estate Investor Sentiment Survey, which gathered information online from 786 real estate investors […]