REI INK

Snappt Unveils 2024 Fraud Report and Provides Insights and Strategies to Combat Emerging Threats in 2025

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The new report explores fraud statistics from 2024 and educates the industry using collected real-world data on the latest fraud tactics and trends Snappt, the trusted leader in fraud detection for multifamily property management, released its 2024 Fraud Report: Data, Trends, and Strategies for 2025. The report provides insights from its internal database and discusses trends multifamily operators will see in 2025.   After analyzing almost five million documents in 2024 alone, Snappt found that 6.4% of rental

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ICE First Look at Mortgage Performance: Delinquencies Ended 2024 on a Strong Note Despite Remaining Near a Three-Year High

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Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, reports the following “first look” at December 2024 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Data as of Dec. 31, 2024 Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 3.72%Month-over-month change: -0.60%Year-over-year change: 4.02% Total U.S. foreclosure pre-sale inventory rate:

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HOME SELLING PROFITS SLIDE AGAIN IN 2024 ACROSS U.S. DESPITE CONTINUED PRICE GAINS

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Profit Margins for Sellers Decrease for Second Straight Year;Typical Seller Return Remains Near Record Highs, But Declines to 54 Percent;Returns Dip Even as National Median Home Price Climbs to $350,000 ATTOM, a leading curator of land, property data, and real estate analytics, released its Year-End 2024 U.S. Home Sales Report, which shows that home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8 percent return on investment. But even as

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MCS Reports Robust Growth and Significant Milestones in 2024 as Core Service Lines Continue to Expand

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Revenue Increases, Five Brothers Acquired and Government Services Division Launched MCS, the national property services provider founded in 1986, reported robust growth and significant milestones across new and existing business lines in 2024. Total company-wide revenue increased notably, with significant growth recorded across MCS’s Commercial and Residential Services businesses. A new Government Services division was launched, and although foreclosure volumes are still historically low, Mortgage Services continued its steady upward

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ServiceLink Continues Building National Sales Team With Two New Hires 

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ServiceLink, the nation’s premier provider of tech-enabled services for all phases of the mortgage lifecycle, is pleased to welcome Adam McClure and Harold Sims as national account executives. In this new role the two will be tasked with forging new lender partnerships for ServiceLink’s origination division, focusing on helping lenders increase speed throughout the mortgage process, extend their digital workflow, reduce costs and enhance the consumer experience.   McClure joins ServiceLink

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Auction.com Launches SmartSale to Help Distressed Customers Sell Their Properties, Avoid Foreclosure, and Protect Their Equity

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Auction.com, the nation’s leading online distressed real estate marketplace, has launched SmartSale™, powered by Auction.com—a new way for distressed customers to sell their properties directly on the Auction.com platform. SmartSale offers multiple pathways to sell—including auction and direct offers—allowing distressed customers to choose the option that best fits their needs. Through a transparent and flexible selling process, SmartSale connects sellers with one of the industry’s largest networks of qualified buyers.

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