August 2019 – Page 4

RealPage Releases AI Screening

by admin
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RealPage, Inc. has introduced RealPage® AI Screening, the first AI-based screening algorithm built specifically for the multifamily apartment rental industry. The solution, developed by RealPage Resident Screening and Data Science teams is designed to enable property management companies to identify high-risk renters with greater accuracy. Traditional screening models use credit score, rent-to-income, debt-to-income and generic financial data to determine renter risk. These factors broadly measure an applicant’s capability to pay financial obligations, including rent. RealPage developed industry-specific insights to determine the willingness to pay rent.

Civic Financial Services Launches Rental Program

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Civic Financial Services has released its new rental program, designed for real estate investors who are focused on aggregating rental properties. The program includes 5/1, 7/1 and 10/1 interest-only ARM products for either a single asset or a portfolio of properties, allowing investors to further expand their businesses. CIVIC’s expansion of its product offerings serves real estate investors with a rental strategy who may not meet the requirements of the conventional lending space and/or do not want to go through the process associated with a conventional loan.

“Retired Dental Hygienist Turned Property Manager”

by Jennifer Stoops
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That’s what the illustrious headline would read to describe my career shift to the real estate and property management industry!

Women in Real Estate: Rose Palano

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I grew up with a father who was, and still is, a serial entrepreneur. He told me all my life: “You have to create your value in the world, or you’ll work for someone else.”