Notarize, the first company to enable an entirely online real estate closing process, introduced the world’s first closing automation platform on June 5. With the introduction of this platform, Notarize is pioneering the ability for anyone to buy, sell or finance their home entirely online. The...
News Updates

HomeLight Acquires Eave
Real estate technology platform HomeLight, based in San Francisco, has acquired Eave, a digital mortgage startup with a proprietary software platform that automates 70 percent of the mortgage process. Additionally, HomeLight has launched a home loans division that will operate in six states,...

U.S. Foreclosure Activity Decreases 13 Percent in April 2019
ATTOM Data Solutions’ April 2019 U.S. Foreclosure Market Report shows that foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 55,646 U.S. properties in April 2019. That’s a 5% drop from March and a 13% decrease from a year ago. It marked the 10th...
CrowdStreet Surpasses $500 Million in Online Investments
CrowdStreet, a Portland, Oregon-based technology provider with an online marketplace for direct equity investment in commercial real estate, crossed the $500 million threshold in total online investments in March. The news accompanies a record quarter in which CrowdStreet saw individuals invest...
New Millennium Trust API Designed to Increase Access to Investments
Millennium Trust Company has launched an API that is designed to allow investment sponsors and advisor systems to reduce processing times, control the user experience and increase transaction volumes. Millennium Trust is a provider of specialized retirement and institutional custody solutions. The...
OS National to Expand Headquarters
Title and escrow provider OS National has announced a $15 million headquarters expansion that will create more than 1,000 new jobs in Gwinnett County, Georgia. The company is based in Duluth. “In selecting Gwinnett County for our national headquarters, we believe we can support OS National’s...

More First Quarter Home Sales Data to Consider
Last week REI INK shared data about U.S. average homeownership tenure and sales price gains from ATTOM Data Solutions’ first quarter U.S. Home Sales Report. This week, we’ll look at the report’s data on cash sales, institutional investor sales, distressed sales and FHA buyers share. All-Cash Sales...
Forge Acquires IRA Services
Shortly after announcing its rebrand and the expansion of its Series B funding to $85 billion, Forge has acquired IRA Services. The acquisition is designed to enhance Forge’s ability to serve private-market investors. Forge will now be able to provide an integrated investing experience for...
REI INK E-Newsletter Debuts
Robert Rakowski President & CEO Welcome to the first newsletter of REI INK! REI INK is the weekly e-newsletter companion to the print version of REI INK magazine. Since REI INK is published bi-monthly, we thought it was important to send out weekly e-newsletters to keep our readers abreast of...