Real estate website Zillow expands into the mortgage business [CNBC]
Zillow Group, Inc. - Class C Capital Stock (Z)
Last zillow group, inc. - class c capital stock earnings: 8/6 04:06 pm
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Source: CNBC
Real estate website Zillow expands into the mortgage business Andrew Harrer | Bloomberg | Getty Images Richard 'Rich' Barton, co-founder and chairman of Zillow Inc. Real estate website It's Zillow's latest push toward having customers directly buy and sell homes. The new business is designed to work with Zillow Offers, the company's direct home sales operation, with the goal of streamlining and simplifying real estate transactions. Customers don't need to use Zillow Offers, however, to get home financing through Zillow, the company said. "Home Loans" is the renamed mortgage origination business, formerly known as Mortgage Lenders of America, which Zillow acquired in 2018. "With Zillow Home Loans we are taking an incredible step forward to deliver an integrated payments platform to complete the financing for Zillow Offers that delivers a more seamless, on-demand real estate experience today's consumers expect," Erin Lantz, Zillow's vice president and general manager of mortgages, said
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