News Updates

Offerpad Adds Director, Plans Product Expansion

Offerpad Adds Director, Plans Product Expansion

Bryan LaFranchi has joined iBuyer Offerpad as its national director of Homebuilder Alliances. He was previously with Zillow Group for nine years. Offerpad’s Homebuilder Alliance program allows homeowners to coordinate the sale of their existing home to coincide with the purchase of a new...

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Capital Markets Veteran Joins PeerStreet

Capital Markets Veteran Joins PeerStreet

PeerStreet has appointed Deepa Salastekar as the vice president of institutional sales. PeerStreet is a marketplace for investing in real estate backed loans. Salastekar will lead the expansion of the company’s relationship base of institutional partners across all PeerStreet’s investment types....

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Sagent Lending Technologies Adds Executive

Sagent Lending Technologies Adds Executive

Stephanie Durflinger is the new executive vice president and chief product officer of Sagent Lending Technologies. She will lead product management and customer support for mortgage and consumer servicing solutions. Durflinger brings more than 20 years of mortgage technology expertise to the new...

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Single-Family Build-To-Rent Investment Platform Launches

Single-Family Build-To-Rent Investment Platform Launches

Lafayette Real Estate has teamed up with Guardian Residential to create an investment platform that focuses solely on the acquisition and development of newly constructed homes for the purpose of long-term rentals. The new firm will be known as Lafayette Communities. It will be led by Thibault...

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World’s First Closing Automation Platform for Lenders Launches

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...

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HomeLight Acquires Eave

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,...

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U.S. Foreclosure Activity Decreases 13 Percent in April 2019

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...

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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...

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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...

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