Exploring recent trends in digital originations for mortgage lenders, highlighting the role of fintech and AI in reshaping the lending process.
Estimated reading time: 0 minutes, 23 seconds
Divvy Homes, a real estate startup valued at $2 billion in August 2021, has commenced its third round of layoffs in the past year. So reports TechCrunch.
The rent-to-own technology company is laying off 94 workers nationwide, it said in a letter to Oregon’s Office of Workforce Investments.
“The economics of the company don’t work when interest rates are this high," a person with knowledge of the situation told the news outlet.
