News Updates

New Millennium Trust API Designed to Increase Access to Investments

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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 new API enables investment platforms and advisor systems to integrate with Millennium Trust’s custody services. The API provides investment sponsors with the ability to allow their clients access

OS National to Expand Headquarters

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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 explosive growth and strategic expansion efforts across the U.S.,” said Jamie Wunder, managing partner of OS National. “We recognize the county’s efforts providing businesses

More First Quarter Home Sales Data to Consider

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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 Overall, first quarter cash sales in first quarter 2019 (28%) decreased slightly versus the first quarter of 2018 (28.9%), but it beat all-cash

Forge Acquires IRA Services

by Robert Rakowski
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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 investors who want to hold assets with an independent third-party custodian. IRA Services has emerged over the last several decades as a leading provider of

REI INK E-Newsletter Debuts

by Robert Rakowski
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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 the changes occurring in our fast-paced industry, where breaking news occurs on an almost daily basis. We launched REI INK nationally at the Pitbull Conference

ATTOM Data Solutions’ First Quarter U.S. Home Sales Report Reveals Some Softening

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ATTOM Data Solutions released is first quarter 2019 U.S. Home Sales Report on April 25. Among its findings are a slight dip in U.S. average homeownership tenure and average sales price gains. “We are starting to see homes sales prices and profit margins softening for the nation, and the average homeownership tenure did see a slight dip from last quarter,” said Todd Teta, chief product officer at ATTOM Data Solutions.