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Cash-Offer Startup Homeward Scores $371M In Funding


Homeward, a startup that helps consumers make cash offers on houses, announced today that it has raised $371 million in new funding.
The new funding is split between $136 million in equity and $235 million in debt, according to a company statement. The statement adds that Homeward will use the new funding to expand the scale of its core business, which involves making cash offers on behalf of consumers.
Tim Heyl
“We anticipated cash offers becoming standard a few years ago,” company founder and CEO Tim Heyl said in the statement. “We designed our cash offer in a way that enables agents to make every buyer a cash buyer. Our instincts were right that’s obvious from the tremendous demand we’re seeing today.” ....

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Cap. Mkts., MLO, AE, Ops Jobs; Loan Sales, Pricing, Tax Estimating Products; Is the Fed Contributing to Housing Price Escalation?


Cap. Mkts., MLO, AE, Ops Jobs; Loan Sales, Pricing, Tax Estimating Products; Is the Fed Contributing to Housing Price Escalation?
May 27 2021, 8:29AM
I was telling my cat Myrtle about the labor shortage in the United States, but she didn’t seem fascinated, to say the least. In fact, she gave me a look like, “I am an apex predator, open the door. Now.” Economists are quick to point out that while there is no shortage of jobs in our economy, there is a shortage of people who want to return to work because many of them are making more on unemployment. But it is doubtful that they are happier. Foster and Hicks wrote a book titled, “How We Choose To Be Happy: The 9 Choices of Extremely Happy People, Their Secrets, Their Stories” worth a gander, and collecting unemployment versus making a contribution isn’t on the list. Being healthy is on the list, but… dang it! I didn’t have a chance to go the gym yesterday. That makes five years in ....

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