New Company Promises Half-Price Mortgage Rates

Roam decided to digitize the process so that buyers could quickly get updates about available homes and make the exercise more efficient.

The company is targeting 4.4 million homes whose mortgages are government-backed, such as those guaranteed by the Federal Housing Administration and the Department of Veterans Affairs. Roam, which launched today with an initial seed funding of $1.25 million, is available in Georgia, Arizona, Colorado, Texas and Florida. It has 10 employees.

The company is registered as a real estate brokerage in the states where it operates and will charge a 1 percent fee on the purchase price of the homes it helps sell.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WWE, UFC merger officially closes; deal creates new company called 'TKO Group'Professional wrestling promotion juggernaut WWE formally tied the knot with UFC's parent company Endeavor to form a new company called TKO Group.
Source: FoxBusiness - 🏆 458. / 53 Read more »

TKO, New Parent Company of WWE and UFC, Shares Climb 2.6% in Stock Market DebutInvestors cheered as TKO Group Holdings, the new parent company of UFC and WWE, clambered into the Wall Street ring. Shares of TKO, which began trading Tuesday on the New York Stock Exchange, close…
Source: Variety - 🏆 108. / 63 Read more »

Binance.us CEO Brian Shroder departs crypto company amid new round of layoffs: reportsBrian Shroder, the chief executive of the U.S. arm of embattled crypto exchange Binance, has reportedly left the company.
Source: MarketWatch - 🏆 3. / 97 Read more »