News Updates – Page 135 – REI INK
REI INK

News Updates

Fannie Mae Promotes Malloy Evans to EVP and Head of Single-Family

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Appointment Underscores Fannie Mae’s Commitment to Sustainable Homeownership Fannie Mae (OTCQB: FNMA) has appointed Malloy Evans to the position of Executive Vice President and Head of Single-Family, effective immediately. Evans was previously Senior Vice President and Chief Credit Officer for Fannie Mae’s Single-Family Business, where he managed first-line credit risk from mortgage acquisition through disposition and oversaw the establishment of selling and servicing risk policies and eligibility standards to ensure sustainable lending

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Technology Company Obie Launches to Reinvent the Investment Property Insurance Process, Saving Landlords and Real Estate Investors as Much as 30%

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Emerging InsurTech innovator Obie unveiled its new insurance offering, specifically targeting landlords and investment property owners. Obie’s instant quote platform for landlords, the first of its kind, delivers the coverage these small businesses need through a dramatically improved, data-rich process. The company’s innovative technology and approach means Obie’s policyholders can save up to 25-30% off their existing insurance premiums. Obie’s property and casualty insurance are now available in all 50 states. Additionally, Obie disclosed

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Realogy Accelerates RealSure(SM) Expansion to Meet Consumer Demand; Six New U.S. Markets Launched

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Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, and Home Partners of America, a leading residential real estate investment and management company, announced the accelerated expansion of real estate cash offer program RealSure. Launching in six new U.S. markets today, including Los Angeles, Salt Lake City, and San Diego and well as Charlotte, North Carolina, and Charleston and Columbia, South Carolina, RealSure is now available to home sellers in 21 major U.S. markets. More than 30,000

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Black Knight’s First Look: Mortgage Delinquencies Decline Another 7% in April

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— The number of past-due mortgages improved again in April, as the national delinquency rate fell to 4.66% from 5.02% in March — New delinquencies rose 23% from March’s record lows, but are down 33% from April 2019, while more than 400,000 (14% of) homeowners past-due on their mortgages became current on payments — Serious delinquencies (loans 90 or more days past due but not yet in foreclosure) saw strong

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SingleSource Property Solutions Expands Title License into Alabama and New Mexico

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SingleSource, a provider of title and settlement, valuation, real estate-owned (REO) asset management, field services, and document management services, has expanded its title agency licenses into the states of Alabama and New Mexico. The company is approved to issue title insurance throughout the state of Alabama and has Title Plant access in 13 New Mexico counties that comprise approximately 80% of the population. “We are proud to stay true to

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For Low-Tax States, Four People Move In For Every One Person Who Leaves

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The trend is reversed in high-tax states, where an average of 2.5 people leave for every one person who moves in For states with the lowest taxes, an average of four people moved in from other parts of the country for every one person who left over the last eight years, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The trend is reversed in high-tax states, where

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