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New Deal


Announced

HomeLight acquires Eave.

Financials

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United States

Mortgage REITs: Residential

Private

residential mortgage

Pending

Acquisition

Friendly

Single Bidder

Synopsis

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HomeLight, a real estate referral company acquires Eaves, a mortgage loan orientation company. Financial terms were not disclosed. Eave will power the newly formed HomeLight Home Loans division, which launches today with operations in California, Colorado, Washington, Oregon, Pennsylvania, and Texas. "From the first time HomeLight and Eave met, we knew that our companies’ values aligned. We both empower homebuyers and sellers by putting them first. This purpose drives every aspect of our work together. We’re grateful to our colleagues, close partners, and investors who have made HomeLight and Eave special. We love working with this talented and determined group of unique individuals. It’s been an incredibly fulfilling journey so far, and we can’t wait for the next chapter." Saro Vasudevan, Eave President.

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