News Updates

New Report: 56% of Foreclosure Sales Owner-Occupied a Year Later

New Report: 56% of Foreclosure Sales Owner-Occupied a Year Later

Auction.com, the nation’s largest distressed real estate marketplace, released its Q2 2019 Seller Strategy report on September 3. The report provides data-driven insights for several key disposition metrics, including time to sell, sales execution and neighborhood stabilization. The study examined...

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Housing Affordability Findings

First American Financial Corporation’s April 2019 First American Real House Price Index reveals that: Real house prices decreased 0.9% between March 2019 and April 2019.Real house prices declined 0.72% between April 2018 and April 2019.Consumer house-buying power—how much one can buy based on...

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Pretium to Acquire DeepHaven Mortgage

Update: On September 18, 2019, Pretium and Värde Partners confirmed the completion of their previously announced agreement for Pretium to acquire Deephaven Mortgage LLC from Värde Partners. Terms of the deal were not disclosed. Pretium and Värde Partners agreed for Pretium to acquire Deephaven...

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Geophy Introduces Property Valuation Platform

GeoPhy, a fast-growing company in commercial real estate technology, has launched Evra, a new AI-powered valuation platform. With Evra, commercial real estate investors, lenders and researchers can quickly access GeoPhy’s automated valuation model for accurate, transparent valuations for U.S....

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Entitle Insurance Company Changes Name

National title insurance underwriter EnTitle Insurance Company has changed its name to Radian Title Insurance Inc. The company, acquired by Radian in 2018, is consistent with Radian’s strategy of uniting all of its subsidiaries under the One Radian brand. Through its family of companies, Radian...

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RealPage Releases AI Screening

RealPage, Inc. has introduced RealPage® AI Screening, the first AI-based screening algorithm built specifically for the multifamily apartment rental industry. The solution, developed by RealPage Resident Screening and Data Science teams is designed to enable property management companies to...

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Civic Financial Services Launches Rental Program

Civic Financial Services has released its new rental program, designed for real estate investors who are focused on aggregating rental properties. The program includes 5/1, 7/1 and 10/1 interest-only ARM products for either a single asset or a portfolio of properties, allowing investors to further...

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Foreign Investment in U.S. Residential Real Estate Drops

Foreign Investment in U.S. Residential Real Estate Drops

Foreign buyers purchased fewer U.S. existing homes from April 2018 through March 2019. That’s according to a report the National Association of Realtors (NAR) released July 17. The report, “Profile of International Transactions in U.S. Residential Real Estate 2019,” is an annual survey of...

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