Group investing solution Fractional raises $15M

Fifth Wall led Fractional’s funding, which brings its total funding to date to $20.55 million. The funds will be used to expand the product, hire and broaden its education initiatives.

Fannie and Freddie will let more buyers off the hook for an appraisal

Appraisal waiver programs that rely on automated valuation models will be expanded next year to allow participation by homebuyers putting less than 20 percent down.