Better.com, a New York-based digital mortgage lender, is laying off roughly 9% of its 10,000 staff ahead of its public launch.

Digital real estate company Zillow is pulling the plug on its digital home-flipping operation called Zillow Offers, a unit which caused the company to lose more than $380M, according to a third-quarter earnings report.

Till, a platform that allows renters to pay landlords, is rolling out a bundle of new features to entice renters to pay their bills on time, including the capability to spread out payments over a month, rent protection loans, and rewards for platform users.

Figure, a fintech firm led by ex-SoFi CEO Mike Cagney that focuses on using blockchain for loan origination, equity management, private fund services, and payments, is partnering with mortgage and consumer loan servicer Sagent to help grow its mortgage market share.

Better.com, the 5-year-old digital mortgage provider, is acquiring U.K-based digital mortgage broker Trussle Lab in its first overseas expansion move. Terms of the deal were not disclosed.

Bilt, a New York-based startup, has teamed up with property managers including Blackstone, Starwood, and Equity Residential, to launch a fee-free credit card that allows customers to earn rewards from rent payments that go toward mortgage payments.

Better, a 5-year-old digital mortgage lender, is merging with special-purpose acquisition company Aurora Acquisition Corporation, in a $7.7B deal to take the company public.

Real estate has had quite the year, which has only fueled innovation in the space. It will be exciting to see what more will develop around proptech’s intersections with asset management and insurance, as well what proptech can do to advance environmental sustainability, co-living solutions, and…

Private equity firm Thoma Bravo has agreed to buy property management software provider RealPage for $10.2B, in a deal described as one of the largest recent leveraged buyouts.

Cadre, a 6-year-old startup that lets clients invest in real estate, is rolling out a savings account that offers 3% interest up to the amount clients have invested in their real estate portfolios.

Real estate marketplace Opendoor is going public through a merger with Social Capital Hedosophia II, a special purpose acquisition company (SPAC) associated with investor Chamath Palihapitiya.