News Updates

RentSpree Raises $8 Million in Series A Funding to Enhance Collaboration Between Renters, Agents, and Owners

Funding validates recent progress and significant market opportunity, enabling RentSpree to create the first platform allowing multiple parties to cooperate on a rental transaction. RentSpree raises $8 million in Series A funding. The funding round was led by 645 Ventures and additional investors including Green Visor Capital, and Vesta Ventures. RentSpree will use the investment to enhance its API-first integration capabilities and to provide the definitive platform for renters, agents, and owners to complete all pieces of their rental journey. RentSpree, the fastest growing rental transaction software company, announced that it closed $8 million in Series A funding led by 645 Ventures. New investors Green Visor Capital and Vesta Ventures also participated in the funding round. “Today’s announcement is a huge milestone for RentSpree– one that validates our vision to create efficient, value-add solutions for all parties involved,” says Michael Lucarelli, co-founder and CEO of RentSpree. “We are most excited to further streamline the rental process while helping individuals achieve long-term goals that extend through the rental journey and beyond.” Founded in 2016, RentSpree has experienced impressive growth. After previously raising $2.3M in venture funding, RentSpree now services over 600,000 users and has nearly quadrupled monthly renters since closing its Seed funding round. More than just a tenant screening company, RentSpree covers every step of the rental process.  The platform is also the first of its kind to support the collaboration of multiple parties because renters typically interact with a combination of real estate agents, landlords, and property managers to secure a single rental.  RentSpree facilitates these interactions by providing universal rental applications, report sharing, a rental forms library, digital signatures, renters insurance, and much more. With this investment, RentSpree will add valuable new features like payments, agent branding, and contact management to further reduce rental friction.  Special emphasis will be placed on building predictive analytics to ensure that individuals are guided seamlessly to the right features at the right time. “The real estate industry has seen significant growth in rental activity over the past decade, and RentSpree is on the forefront of providing software that deploys quickly and streamlines crucial operations that haven’t seen innovation in a very long time,” says Nnamdi Okike, Co-Founder and General Partner of 645 Ventures. “With the growth RentSpree has experienced in its user and customer base, as well as in their product offerings, we’re excited to see them become the leader in providing world-class renter management software.” RentSpree employs an integration-first approach and has already deployed its standardized rental process with a who’s-who list of real estate players, including the California Association of REALTORS®, Bright MLS, California Regional MLS, Florida Realtors®, and many more. For more information about RentSpree, visit www.rentspree.com/press About RentSpree: Founded in 2016, RentSpree is an award-winning rental software known in all 50 states for its easy-to-use tenant screening process, renter management, partnership program, and rental screening API. In just five years, RentSpree has grown its database by partnering with some of the most trusted names in real estate.

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Illinois, Florida and New Jersey Dominate Markets Most at Risk from Damage Related to Coronavirus Pandemic

Chicago Area and East Coast States Remain More Exposed to Pandemic’s Impact During Second Quarter of 2021; Most Vulnerable Areas Are More Scattered Around Nation Than in Prior Quarter; Western States Continue to Have Most Favorable Market Conditions ATTOM, curator of the nation’s premier property database, released its second-quarter 2021 Coronavirus Report spotlighting county-level housing markets around the United States that are more or less vulnerable to the impact of the ongoing Coronavirus pandemic, still endangering the U.S. economy. The report shows that states along the East Coast, as well as Illinois, were most at risk in the second quarter of 2021 – with clusters in New Jersey, Delaware, the Chicago area and central Florida – while the West remained far less exposed. But the 50 most at-risk counties around the U.S. were spread over a wider area than in the first quarter of 2021, as most states had no more than two counties in the top group in the most recent time period. The report reveals that Florida, New Jersey, other East Coast states and Illinois had 37 of the 50 counties most exposed to the potential economic impact of the pandemic in the second quarter of 2021. They included seven counties in the Chicago metropolitan area, four near New York City, all three in Delaware and four in central Florida. However, only Florida, New Jersey, Illinois, Louisiana and Delaware had more than two counties in the top 50, compared to eight states in the first quarter of 2021. The top 50 were scattered across 18 states in the second quarter, compared to 15 the prior time period. The only three western counties in the top 50 during the second quarter of this year were in northern California and southern Arizona. Markets were considered more or less at risk based on the percentage of homes facing possible foreclosure, the portion with mortgage balances that exceeded the estimated property value and the percentage of average local wages required to pay for major home ownership expenses on median-priced houses or condominiums. The conclusions are drawn from an analysis of the most recent home affordability, equity and foreclosure reports prepared by ATTOM. Rankings were based on a combination of those three categories in 564 counties around the United States with sufficient data to analyze in first and second quarters of 2021. Counties were ranked in each category, from lowest to highest, with the overall conclusion based on a combination of the three ranks. The findings follow a year when the national housing market continued its decade-long boom even amid the pandemic, with median single-family home prices rising more than 10 percent across much of the country. While small indicators of a possible slowdown have emerged in 2021 in the form of declining home affordability and slumping investor activity, fuel for further price gains has come from the pandemic receding, employment growing and the broader economy improving. Still, the pandemic remains a threat to the economy and the housing market as new virus variants appear and clusters of virus cases continue to plague pockets of the country. “The Coronavirus pandemic is easing, and the U.S. economy is gradually coming back to life, which suggests that the nation’s housing market will indeed escape any major damage from the crisis. No major signs are showing anything different at this point. Nevertheless, the pandemic is still out there and remains a potent threat to home sales and values, as well as to the broader economy,” said Todd Teta, chief product officer with ATTOM. “Amid a generally upbeat outlook, we continue to see areas that appear more at risk for a fall, especially in specific areas of the East Coast and Midwest. As we have throughout the pandemic, we will keep a close eye on those areas in case the situation worsens and the pandemic surges again.” Most vulnerable counties clustered around Chicago, New York City, Delaware and central Florida Eighteen of the 50 U.S. counties most vulnerable in the second quarter of 2021 to housing market troubles connected to the pandemic (from among the 564 counties with enough data to be included in the report) were in metropolitan areas around New York, NY, and Chicago, IL, as well in Delaware and central Florida. They included seven that cover Chicago (Cook County) and its suburbs (De Kalb, Kane, Kendall, Lake, McHenry and Will counties) and four in the New York City metropolitan area (Ocean, Passaic and Sussex counties in New Jersey and Orange County in New York). The four in central Florida were Highlands County (Sebring), Indian River (Vero Beach), Lake County (outside Orlando) and Osceola County (Kissimmee). All three Delaware counties – New Castle (Wilmington), Kent (Dover) and Sussex (Georgetown) – made the top 50 list as well in the second quarter of 2021. Additional counties in Florida, New Jersey and Illinois also made the top-50 list. Those in Florida were Bay County (Panama City), Clay County (outside Jacksonville) and Marion County (Ocala), FL, while those in New Jersey included Atlantic County (Atlantic City), Cumberland County (Vineland), Gloucester County (outside Philadelphia, PA), Mercer County (Trenton) and Warren County (near Allentown, PA). Others in Illinois were Kankakee County, Madison County (outside St. Louis, MO), Saint Clair County (outside St. Louis, MO) and Tazewell County (outside Peoria). In addition, Louisiana had three counties in the top 50 during the second quarter – Bossier Parish (Shreveport), Livingston Parish (outside Baton Rouge) and Tangipahoa Parish (north of New Orleans). The only western counties among the top 50 most at risk from problems connected to the Coronavirus outbreak in the second quarter of 2021 were Butte County (Chico), CA; Humboldt County (Eureka), CA and Mohave County, AZ (outside Las Vegas, NV). Higher levels of unaffordable housing, underwater mortgages and foreclosure continue to appear in most-at-risk counties Major home ownership costs (mortgage payments, property taxes and insurance) on median-priced single-family homes consumed more than 30 percent of average local wages in 23 of the 50 counties that were most vulnerable to market problems

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U.S. Properties with Foreclosure Filings in First Six Months of 2021 Hit All-Time Low of 65,082

Foreclosure Rates Highest in Delaware, Illinois, and Florida; Only 5 Greater Populated Metros Saw an Annual Increase in Foreclosure Filings; Q2 Foreclosure Activity Below Pre-Recession Levels in 92 Percent of Metros ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), the largest online marketplace for foreclosure and distressed properties, released its Midyear 2021 U.S. Foreclosure Market Report, which shows there were a total of 65,082 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of 2021. That figure is down 61 percent from the same time period a year ago and down 78 percent from the same time period two years ago. Historical First Half US Foreclosure Activity Chart Bucking the national trend with increasing foreclosure activity compared to a year ago, were only 5 of the 220 metro areas analyzed in the report. Those metros included Tyler, Texas (up 88 percent); Brownsville, Texas (up 21 percent); Springfield, Illinois (up 19 percent); Sioux Falls, South Dakota (up 9 percent); and Lake Charles, Louisiana (up 5 percent). “The government’s foreclosure moratorium and mortgage forbearance program have created an unprecedented situation – historically high numbers of seriously delinquent loans and historically low levels of foreclosure activity,” said Rick Sharga, executive Vice President of RealtyTrac, an ATTOM company. “With the moratorium scheduled to end on July 31, and half of the remaining borrowers in forbearance scheduled to exit that program over the next six months, we should start to get a more accurate read on the level of financial distress the pandemic has caused for homeowners across the country.” Delaware, Illinois, Florida post highest state foreclosure rates Nationwide 0.05 percent of all housing units (one in every 2,112) had a foreclosure filing in the first half of 2021. States with the highest foreclosure rates in the first half of 2021 were Delaware (0.10 percent of housing units with a foreclosure filing); Illinois (0.09 percent); Florida (0.08 percent); Ohio (0.08 percent); and Indiana (0.08 percent). Other states with first-half foreclosure rates among the 10 highest nationwide, were New Jersey (0.07 percent); Nevada (0.07 percent); South Carolina (0.07 percent); Louisiana (0.06 percent); and New Mexico (0.06 percent). Highest metro foreclosure rates in Lake Havasu, Cleveland, Macon Among 220 metropolitan statistical areas with a population of at least 200,000, those with the highest foreclosure rates in the first half of 2021 were Lake Havasu, Arizona (0.25 percent of housing units with foreclosure filings); Cleveland, Ohio (0.15 percent); Macon, Georgia (0.13 percent); Peoria, Illinois (0.12 percent); and Florence, South Carolina (0.12 percent). Other metro areas with foreclosure rates ranking among the top 10 highest in the first half of 2021 were McAllen, Texas (0.12 percent of housing units with a foreclosure filing); Atlantic City, New Jersey (0.11 percent); Davenport, Iowa (0.11 percent); Shreveport, Louisiana (0.11 percent); and South Bend, Indiana (0.11 percent). Foreclosure starts down 63 percent from last year A total of 36,742 U.S. properties started the foreclosure process in the first six months of 2021, down 63 percent from the first half of last year but up 14 percent from the last half of 2020. States that saw the greatest decline in foreclosure starts from the same time last year included, Maryland (down 95 percent); Oklahoma (down 87 percent); Pennsylvania (down 81 percent); Idaho (down 78 percent); and New Mexico (down 76 percent). Bank repossessions drop to lowest level Lenders foreclosed (REO) on a total of 9,730 U.S. properties in the first six months of 2021, down 74 percent from a year ago to the lowest six-month total since we began tracking in 2005. “Fewer bank repossessions may be a trend we continue to see even after the government’s programs protecting borrowers from foreclosure expire,” Sharga noted. “Rising home prices have provided most homeowners with enough equity to sell their homes at a profit, rather than lose them to a foreclosure or repossession.” States that posted more than 100 REOs in the first half of 2021 and had the greatest year-over-year decreases in REOs, included Michigan (down 90 percent); New York (down 86 percent); New Jersey (down 84 percent); Connecticut (down 83 percent); and Pennsylvania (down 81 percent). The only state that posted a year-over-year increase in REOs in the first half of 2021 was South Dakota, with a total of 17 REOs, up 21 percent. Q2 2021 foreclosure activity below pre-recession averages in 92 percent of markets There were a total of 33,964 U.S. properties with foreclosure filings in Q2 2021, up less than 1 percent from the previous quarter and up 11 percent from a year ago. The national foreclosure activity total in Q2 2021 was 88 percent below the pre-recession average of 278,912 per quarter from Q1 2006 to Q3 2007, making Q2 2021 the 19th consecutive quarter with foreclosure activity below the pre-recession average. Second quarter foreclosure activity was below pre-recession averages in 202 out 220 (92 percent) metropolitan statistical areas with a population of at least 200,000 and sufficient historical foreclosure data, including New York, Los Angeles, Chicago, Dallas, Houston, Miami, Atlanta, San Francisco, Riverside-San Bernardino, Phoenix and Detroit. Metro areas with second quarter foreclosure activity above pre-recession averages included Portland, McAllen, Huntsville, Salisbury, and Gulfport. Average foreclosure timeline increases from last year Properties foreclosed in the second quarter of 2021 took an average of 922 days from the first public foreclosure notice to complete the foreclosure process, down slightly from 930 days in the previous quarter but up from 685 days in the second quarter of 2020. Historical Avg Days to Complete Foreclosure Chart States with the longest average foreclosure timelines for foreclosures completed in Q2 2021 were Hawaii (3,068 days), New York (1,822 days), Indiana (1,617 days), Wisconsin (1,587 days), and New Jersey (1,471 days). States with the shortest average foreclosure timelines for foreclosures completed in Q2 2021 were Wyoming (173 days), Arkansas (253 days), Tennessee (270 days), Virginia (280 days), and Mississippi (292 days). June 2021 Foreclosure Activity High-Level Takeaways Nationwide in June 2021, one

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Realtor.com® June Rental Report: Rents Surge to New Highs Nationwide

The U.S. median rental price increased 8.1% year-over-year to a median of $1,575 – Rental prices reach new highs in 44 of the largest 50 markets, with Riverside, CA, Memphis, TN, Tampa and Phoenix posting year-over-year gains above 20% – Studio, one-bedroom and two-bedroom rents all increased over June 2020, with two-bedroom units seeing the biggest uptick at 10.2% – The U.S. median rent is now $118 more than it was two years ago The shortage of affordable housing inventory forced more prospective homebuyers into the rental market in June, driving the U.S. median rent price to a new high of $1,575, an 8.1% increase year-over-year, according to the Realtor.com® Monthly Rental Report.  Additionally, rental prices in 44 of the 50 largest metros broke new records led by Riverside, Memphis, Tampa and Phoenix, which posted gains above 20% year-over-year.  “The surge we’re seeing in rental prices is likely to exacerbate the K-shaped, or uneven, nature of the pandemic recovery in the U.S. Rents are rising at a faster pace than income, which is adding to the challenges faced by lower-income Americans as they struggle to recover from job losses and other hardships brought about by COVID,” said Realtor.com® Chief Economist Danielle Hale. “Looking forward, rents aren’t expected to slow unless we see a fundamental shift in the number of homes for sale and for rent.” Hale added, June’s 3.2% price growth over May was more than just the usual seasonal trend of increasing summer rents. Rents typically fluctuate by less than 1% on a monthly basis. In June, rents in all but two of the 50 largest U.S. metros posted month-over-month gains of 1.0% or higher. Miami topped the list at an increase of 7.7% over May, a gain that would be exceptional over the course of 12-months, let alone one.  Rents surge to new highs in 44 of the 50 largest U.S. metrosThe spike in demand for housing is putting pressure on markets already challenged by availability and affordability. Similar to the shortage of homes for sale, the number of homes available to rent is historically low, driving competition and surging rental prices. In June, rents in 44 of the 50 largest U.S. markets hit the highest levels seen in the past two years of Realtor.com® data. Additionally, nearly half of these metros posted month-over-month gains at or above the unusually high national rate.  For the second straight month, Riverside, CA, Memphis, TN, Tampa and Phoenix held the top spots by rent growth. Rents in these markets grew at a faster pace in June than last month, posting year-over-year gains of 20% or more in June. Riverside saw the highest growth in June, up 24.2% over last year and 4.6% from May (+19.2%) to a median $2,112.  Strong demand for more space widens the rent gap between unit sizesThe desire for larger living space increased significantly during the pandemic, and this trend continued to play out this month. Two-bedroom rents increased at the fastest pace of all unit sizes in June, up 10.2% year-over-year to a new high of $1,770. Two-bedroom rents were up 13.6% in June compared to 2019, rising $212 per month in just two years. Although the gap between two-bedroom rents and smaller unit sizes is getting larger, one-bedroom (+8.0%) and studio (+4.0%) rents also posted significant gains in June, with one-bedroom rents reaching a new high of $1,466. More common to crowded cities, studios saw the steepest declines during COVID but are finally catching up with the overall rental market recovery. In June, studio rents rose 5.8% over 2019 to a new two-year high of $1,294. Realtor.com®June 2021 Rental Data – Top 10 Markets for Year-over-Year Rent Increases Rank Metro Median Rent Rent YY 1 Riverside-San Bernardino-Ontario, CA 2,112 24.2% 2 Memphis, TN-MS-AR 1,150 23.0% 3 Tampa-St. Petersburg-Clearwater, FL 1,605 21.1% 4 Phoenix-Mesa-Scottsdale, AZ 1,590 20.9% 5 Sacramento–Roseville–Arden-Arcade, CA 1,821 17.5% 6 Cincinnati, OH-KY-IN 1,200 17.1% 7 San Diego-Carlsbad, CA 2,507 17.0% 8 Las Vegas-Henderson-Paradise, NV 1,397 16.0% 9 Atlanta-Sandy Springs-Roswell, GA 1,590 15.6% 10 Jacksonville, FL 1,310 14.4% About Realtor.com®Realtor.com® makes buying, selling, renting and living in homes easier and more rewarding for everyone. Realtor.com® pioneered the world of digital real estate more than 20 years ago, and today through its website and mobile apps is a trusted source for the information, tools and professional expertise that help people move confidently through every step of their home journey. Using proprietary data science and machine learning technology, Realtor.com® pairs buyers and sellers with local agents in their market, helping take the guesswork out of buying and selling a home. For professionals, Realtor.com® is a trusted provider of consumer connections and branding solutions that help them succeed in today’s on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. under a perpetual license from the National Association of REALTORS®. For more information, visit Realtor.com®.

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Turning the Corner in April: CoreLogic Reports First Annual Decrease in US Overall Delinquency Rate Since March 2020

All stages of delinquency except for the serious delinquency rate improved over the prior year, signaling improved financial health for borrowers CoreLogic®, a leading global property information, analytics and data-enabled solutions provider,  released its monthly Loan Performance Insights Report for April 2021. For the month of April, 4.7% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 1.4-percentage point decrease in delinquency compared to April 2020, when it was 6.1%. This month’s overall delinquency marks the lowest rate in a year. To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency. In April 2021, the U.S. delinquency and transition rates, and their year-over-year changes, were as follows: Early-Stage Delinquencies (30 to 59 days past due): 1%, down from 4.2% in April 2020. Adverse Delinquency (60 to 89 days past due): 0.3%, down from 0.7% in April 2020. Serious Delinquency (90 days or more past due, including loans in foreclosure): 3.3%, up from 1.2% in April 2020. Foreclosure Inventory Rate (the share of mortgages in some stage of the foreclosure process): 0.3%, unchanged from April 2020. Transition Rate (the share of mortgages that transitioned from current to 30 days past due): 0.6%, down from 3.4% in April 2020. CoreLogic’s data for April 2021 reports its first year-over-year decrease and the lowest overall delinquency rate since the onset of the pandemic as job and income recovery enables more homeowners to remain or return to “current” mortgage payment status. Additionally, in an effort to help borrowers who are in forbearance programs, financial institutions and government entities are continuing to enact provisions that give homeowners ample opportunity to bounce back and keep their homes. “The sharp rebound in the economy, as well as a potent combination of government fiscal and regulatory help, is fueling unprecedented demand for residential housing and enabling people to buy and stay in their homes,” said Frank Martell, president and CEO of CoreLogic. “The drop in delinquency rates is a further manifestation of the benefits of these tail winds. Barring an unforeseen change, we expect rates to continue to fall and home prices rise over the next 12-to-18 months.” “Natural hazard events and job loss in the oil and gas industry during the past year continue to affect local delinquency rates, despite a general decline in delinquency rates in many urban areas,” said Dr. Frank Nothaft, chief economist at CoreLogic. “Of all metros, Odessa and Midland, Texas, had the largest one-year jumps in serious delinquency rates, followed by Lake Charles, Louisiana, which was hit hard by Hurricanes Laura and Delta in 2020.” State and Metro Takeaways: In April, nearly all U.S. states logged a decrease in annual overall delinquency rates (only Wyoming experienced a slight increase with a 0.1 percentage-point uptick), and a significant portion of metro areas posted at least a small annual decrease, with only eight experiencing a year-over-year increase. Among metros, Odessa, Texas, still recovering from job losses in the oil industry, had the largest annual overall delinquency increase with 2.4 percentage points. Other metro areas with significant overall delinquency increases included Midland, Texas (up 2.3 percentage points); Lake Charles, Louisiana (up 0.8 percentage points); Enid, Oklahoma (up 0.7 percentage points) and Casper, Wyoming (up 0.6 percentage points). The next CoreLogic Loan Performance Insights Report will be released on August 10, 2021, featuring data for May 2021. For ongoing housing trends and data, visit the CoreLogic Intelligence Blog: www.corelogic.com/intelligence. Methodology The data in The CoreLogic LPI report represents foreclosure and delinquency activity reported through April 2021. The data in this report accounts for only first liens against a property and does not include secondary liens. The delinquency, transition and foreclosure rates are measured only against homes that have an outstanding mortgage. Homes without mortgage liens are not subject to foreclosure and are, therefore, excluded from the analysis. CoreLogic has approximately 75% coverage of U.S. foreclosure data. About CoreLogic CoreLogic, the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, buy and protect their homes. For more information, please visit www.corelogic.com. CORELOGIC and the CoreLogic logo are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.

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LendingHome Hires New CFO and CMO to Help Drive Continued Growth

New additions bring an abundance of knowledge and expertise from the areas of finance, technology and real estate. Bruce Schuman, formerly with Intel Capital, takes over as LendingHome’s chief financial officer. Cherie Yu, formerly with Lyft and Google, is named chief marketing officer. Roberta Sydney joins the board of directors as an independent director following a successful 30-year career in real estate. LendingHome, one of the nation’s largest lenders to real estate investors, announced it has hired Bruce Schuman, the former chief financial officer at Intel Capital – the venture capital arm of chipmaker Intel and one of the world’s largest corporate VC funds – as the company’s new CFO. The company also named Cherie Yu, formerly with Lyft and Google, as chief marketing officer and added Roberta Sydney, a real estate entrepreneur, CEO and senior corporate executive with a long record of leading successful companies, to its board of directors.These strategic additions bring the kind of talent and experience needed to help LendingHome maintain its rapid growth, according to Michael Bourque, LendingHome CEO. “All three of these talented leaders know firsthand the disruptive impacts that ground-breaking technology, high-volume data and imaginative thinking can have on legacy industries,” said Bourque, the former GE executive who took over as CEO in December. “They learned it at Intel and Google or from spending decades in real estate creating value. This kind of knowledge and ability is essential for LendingHome, which relies on leveraging artificial intelligence and massive amounts of data to help real estate investors unlock value in aged homes.” LendingHome created a unique position for itself in a vital U.S. industry. As the market for residential real estate continues to heat up, investors remain on the hunt for fixer-uppers they can renovate and sell for a profit – all the while helping to reduce the housing shortage. LendingHome has grown its business by providing residential real estate investors with reliable, fast and hassle-free financing. To date, LendingHome has provided $7.8 billion in loans, covering 35,000 projects, helping real estate investors create more than $3.8 billion of value in their renovations of aged homes. At the core of this success are the proprietary machine learning and predictive-analytics built to help investors avoid overextending themselves. “Throughout my career, I’ve had the privilege to see firsthand the power of technology to improve people’s lives,” said Schuman, LendingHome’s new CFO. “I am thrilled to join the LendingHome team, which is truly transforming real estate lending, one of the most important market segments in the United States.” During his more than 25 years at Intel, Schuman oversaw large finance organizations for numerous lines of business and functions, including the Data Center Products Group, Supply Chain, and Corporate Strategy. Schuman brings innovative thinking and a successful track record working with startups to LendingHome’s technology-driven approach. Schuman will oversee all finance functions, including FP&A, Accounting and Treasury, and will report to Bourque. Yu led the Local Marketing team at Lyft, the publicly traded ride-sharing company. Prior to that, she worked at Google overseeing marketing for such marquee services and programs as AdSense, Display, Ad Management, and Shopping. “It’s inspiring to see how LendingHome is bringing a data-driven approach to help real estate investors unlock the true value of America’s aged housing stock and create homes for more families during this housing shortage,” Yu said. Sydney is a 30-year veteran of the real estate industry. She founded and operated her own real estate firm for decades and achieved success in a huge swath of industry segments, including commercial, residential, development and construction – she financed over $1 billion in real estate transactions across multiple market cycles throughout her career. “I’m looking forward to advising LendingHome,” Sydney said. “This is an excellent opportunity to draw on my experience running a mortgage company, founding and operating a real estate development and management firm, and mentoring other FinTech and PropTech startups. I believe in the products and people at LendingHome and I’m excited to work with the team.” Schuman and Yu are respectively based in Portland, Ore., and the San Francisco Bay Area and both will work remotely. About half of all new hires since the start of the COVID-19 pandemic were located outside of the markets where LendingHome has offices. Leadership believes a remote-first work policy is more productive, meets staff needs, and helps attract top talent. About LendingHome LendingHome is now one of the nation’s top lenders for residential investors with more than $7.8 billion in loans originated to date. Established in 2013, LendingHome makes it easy for professional and first-time real estate investors to quickly and reliably receive the financing they need for their projects and businesses to thrive. Using a powerful combination of innovative technology and expert advice, LendingHome is adding flexibility and simplicity to every step of the real estate investment process. For further information, please visit lendinghome.com. NMLS ID #1125207

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