Explore the evolving landscape of mortgage origination, influenced by shifting interest rates, housing market dynamics, and regulatory changes. Discover strategies for lenders to adapt and thrive in this dynamic environment.
Estimated reading time: 0 minutes, 21 seconds
Noah, the home equity finance startup that until recently was known as Patch Homes, has raised $150 million in funding. So reports Crunchbase.
Noah provides homeowners with payment-free financing in exchange for a share of the home’s future appreciation or depreciation.
Noah founder Sahil Gupta said the funding was not through venture capital or borrowing, but was “platform capital” from pension funds and other unnamed institutional investors.
