So far, the COVID-19 pandemic hasn't spawned the waves of property distress that were initially predicted. However, once lenders can pursue remedies, Andrew Van Tuyle, senior managing director of investments for BH Properties, expects the floodgates to open for loan sales in judicial...
News Updates
Offerpad Announces Indianapolis is the Next Market in its Expansion Plan
Leading iBuyer and real estate solutions provider expects to buy and sell homes in nearly 1,000 cities and towns Offerpad, a leader in modern home buying and selling solutions, continues business development and market expansion with the announcement of a new major market launch...
PROPERTY TAXES LEVIED ON SINGLE FAMILY HOMES UP 5.4 PERCENT IN 2020, TO MORE THAN $323 BILLION
Average Property Tax of $3,719 Up 4 Percent Effective Tax Rate at 1.1 Percent Highest Effective Tax Rates Remained in New Jersey, Illinois, Texas, Vermont, Connecticut ATTOM Data Solutions, curator of the nation’s premier property database, released its 2020 property tax analysis for almost 87...
Finance Agency Plan to Further Forestall Home Foreclosures Fails to Recognize Economic Realities
Distressed asset auctioneer Richard Kruse of Gryphon USA said plans by the Consumer Finance Protection Bureau to delay foreclosures another nine months and create more regulations only builds pressure on consumers and the nation’s housing market. The CFPB this week announced proposed rules meant...
Finance of America Companies to Become Publicly Traded Following Completed Transaction with Replay Acquisition Corp.
Finance of America Equity Capital LLC (“Finance of America” or the “Company”), an end-to-end lending and services platform, and Replay Acquisition Corp. (NYSE: RPLA) (“Replay Acquisition”), a publicly traded special purpose acquisition company, announced the completion of their previously...
First American Ranked Among the Best Workplaces in Financial Services & Insurance by Fortune
First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, announced that Fortune® and Great Place to Work® have recognized First American as one of the Best...
ATTOM Data Solutions Ranks Best Counties for Buying Single-Family Rentals in 2021
Highest Potential SFR Returns in Schuylkill, Bibb, Baltimore, LaSalle, Chautauqua Counties; Best Returns Concentrated in Midwest, Worst in West; Rental Returns Decrease from a Year Ago in 87 Percent of Counties Analyzed ATTOM Data Solutions, curator of the nation’s premier property...
Signs of Recovery for Multifamily Industry, According to Yardi Matrix
National rent average increased by $3 month-over-month in February, just one positive indicator Year-over-year national average rents were negative in February by 0.1%, but the latest Yardi Matrix National Multifamily Report says they may soon trend into positive territory. "While...
ALI HARALSON PROMOTED TO PRESIDENT OF AUCTION.COM
Haralson will oversee sales and operations as company’s first woman president Intensifies company’s focus on “get to sold” with innovative solutions that yield better outcomes for servicers, buyers, homeowners, and communitiesSets stage for efficient scaling as distressed disposition volumes rise...








