Polly, a software-as-service mortgage-technology firm that operates a loan-trading platform, has raised $37 million through a new funding round, its third since launching in 2019 — bringing the total raised from investors to $57 million. The prior two Series A funding rounds undertaken in April 2019 and March 2021 raised a total of $20 million, according […more]
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Tomo, a fintech mortgage startup run by former Zillow executives, is expanding its presence, announcing this week that it will now serve borrowers in Florida, Connecticut and Colorado. And they’re looking to capitalize on higher home prices and the market for jumbo mortgages. Founded in October 2020 by former Zillow executives Greg Schwartz and Carey […more]
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Every month I post single family home sales stats for Waldo, and each January I write a year end recap with comparisons to the past few years. Waldo home values really exploded last year, due to not enough inventory and multiple offers common. How much higher will they go? The market doesn’t seem to be […more]
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Rendering courtesy of Ennead Architects. The city’s Landmarks Preservation Commission on Tuesday approved plans for the revitalization of Central Park’s Delacorte Theater, the city’s first major post-pandemic outdoor theater investment. The new design’s main goals are to improve accessibility for people with disabilities, protect the building from the ravages of a changing climate, and improve efficiency and comfort. […more]
As the mortgage world becomes more technologically interconnected, the risks to cybersecurity, data and infosecurity increase. These risks should be top-of-mind for mortgage professionals, as evidenced by recent changes at Freddie Mac that emphasize risk mitigation and cybersecurity efforts. In October, Freddie Mac issued Bulletin 2021-31, updating its Seller/Servicer and Third Party risk mitigation requirements. […more]
Photo credit: Coldwell Banker Warburg Measuring over 3,000 square feet, this four-bedroom Lincoln Square condo at the Pelli Clarke Pelli-designed One West End Avenue is currently owned by eight-time Grammy winner Philip Lawrence and his wife, Urbana Lawrence, a celebrity designer/stylist. Now on the market for $8,250,000, the condo’s dazzling interior was created by L.A.-based designers Patrick Dragonette and Charles Tucker, with views […more]
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