Zillow is moving full speed ahead with an ambitious expansion of its mortgage business, leveraging its housing tech innovations to potentially reshape how modern homebuyers finance homes. 

In its third-quarter earnings report, Zillow Home Loans revealed an impressive data point: mortgage revenue increased 63% year over year in the third quarter to $39 million, which is primarily due to an 80% year-over-year increase in purchase loan origination volume to $812 million.

That’s an annualized $3.2 billion in purchase mortgage business, not far off a top 50 spot on the mortgage leaderboard. And the company details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com