REI INK

Danny Byrnes Promoted to Chief Revenue Officer at Nationwide Title Clearing

  • by
  • Comment Off
  • 523 views

Nationwide Title Clearing, Inc. (NTC), the leading post-closing services provider for the nation’s largest financial institutions, investors and servicers, announced Danny Byrnes has been promoted from VP Sales and Marketing to Chief Revenue Officer. Byrnes was hired in early 2011 as the VP Sales. In his second year, sales nearly doubled, and, in his tenure, Byrnes has expanded sales by over 5X (570%). He is a stable executive that has taken responsibility

Read More

Zombie Foreclosures on the Upswing

  • by
  • Comment Off
  • 1,149 views

More U.S. homes fall into vacant zombie foreclosure realm in third quarter of 2020. ATTOM Data Solutions’ third quarter 2020 Vacant Property and Zombie Foreclosure Report revealed that 1,570,265 residential properties in the U.S. are vacant. That’s 1.6% of all homes. The report analyzespublicly recorded real estate data collected by ATTOM Data Solutions, including foreclosure status, equity and owner-occupancy status, matched against monthly updated vacancy data. The third quarter analysis

Read More

Committed to the Vision

“Once you’re in, it’s hard to break out.” “What a long, strange trip it’s been.” Those two phrases have stuck with me throughout my career. Granted, one is more of a cliché and the other is a lyric from the famous Grateful Dead song “Truckin’.” But they are both relevant as I reflect on my default mortgage and distressed real estate journey, which began when I was about 7 years

Read More

Valuation Options for Lending

As an alternative to traditional appraisals, faster and cheaper valuation options are available to keep your pipeline flowing and your confidence high. In this day in age, where time is of the essence and deals can be completed in a matter of days rather than weeks, there is still one part of the process that can hit a snag rather frequently: Full appraisals can take time and are expensive. However,

Read More

Real Estate Investing Outlook

What’s the industry look like for the fourth quarter of 2020 and beyond? Heading into the fourth quarter of 2020 is the perfect time to evaluate what impact, if any, the pandemic has had on the real estate industry as well as predict what investors should be prepared for as this tumultuous year comes to a close. Is the Housing Market Recovering? Let’s get right to the question that so

Read More

Mortgage Forbearance: A Sign of the Times?

Why the COVID-19 pandemic might not lead to a wave of foreclosures The U.S. economy dropped by almost 32% in the second quarter of 2020, leading 55 million Americans to file for unemployment. Under normal circumstances, the disastrous economic consequences of the COVID-19 pandemic would lead to a massive wave of foreclosures. But if anything is true of 2020, it’s this: The phrase “under normal circumstances” simply doesn’t apply. Historically,

Read More