Knock closes $100M securitization, says it’s reached profitability

Knock, a real estate technology company that helps homeowners to buy before they sell, on Tuesday announced the close of its inaugural $100 million securitization. Cantor Fitzgerald & Co. served as the initial purchaser and bookrunner for the transaction, which closed on Aug. 14 and generated strong demand from well-established institutional investors in residential mortgage-backed […]

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Why agents are the front line in fighting rental fraud

The single-family rental (SFR) market is no longer a niche corner of real estate. It now makes up a significant share of the rental housing sector, fueled by years of steady growth. While institutional investors have entered the space with purpose-built communities and large portfolios, the majority of these properties are still owned by individual

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Trump fires Lisa Cook in latest move to pack Federal Reserve with supporters

President Donald Trump fired Federal Reserve Governor Lisa Cook Monday evening after calling for her resignation last week over allegations of mortgage fraud. The move further consolidates Trump’s power at the Fed, which has traditionally been an independent organization shielded from overtly political actions. Cook, who was appointee to the seven-member Federal Reserve Board by

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