Cenlar FSB, the nation’s leading mortgage loan subservicer, announced that Thomas “Tom” Donatacci has joined the company as Senior Vice President and Investor Relations Officer. Tom, who is a well-known leader in the mortgage sector, has extensive experience in servicing transactions and...
News Updates
HOUSING MARKET SLOWDOWN ACROSS U.S. STARTING TO AFFECT UPSCALE AND WESTERN MARKETS MORE THAN OTHERS
Oregon and Washington Among Higher-Priced Areas of Nation Absorbing More of Recent Market Decline Based on Key Measures from First Quarter of 2023; Other Areas of U.S. in Lower Price Ranges Showing Less Impact from Downturn ATTOM, a leading curator of land, property, and real estate...
Home Prices May Have Bottomed Out
With Limited Inventory, the Mid-Atlantic Market Remains Competitive The median home price in the Mid-Atlantic region in May was $400,000, the highest sales price on record, a 0.3% increase over a year ago Active listings at the end of May were up 1.5% compared to a year ago, though supply is...
Poplar Homes Names Lydia Bowers Chief People Officer
Veteran Startup HR Leader to Help Take Company to the Next Level Poplar Homes, the tech-enabled property management company changing the way independent single-family rental investors and multifamily owners manage their rental properties, announced that Lydia Bowers joined the company as Chief...
Redfin Reports Asking Rents Fall 2% in the West But Rise 5% in the Northeast, Midwest
Nationwide, rents declined 1% from a year earlier in May—the largest drop since 2020—as a building boom increased supply and economic uncertainty cooled demand The median U.S. asking rent fell 0.6% year over year to $1,995 in May—the largest annual decline since March 2020—according to a...
U.S. FORECLOSURE ACTIVITY SEES SPIKE IN MAY 2023
Foreclosure Starts Increase 4 Percent from Last Month, While Completed Foreclosures Increase 38 Percent ATTOM, a leading curator of land, property, and real estate data, released its May 2023 U.S. Foreclosure Market Report, which shows there were a total of 35,196 U.S. properties...
House members introduce ‘Neighborhood Homes Investment Act’ to expand affordable homeownership opportunities and revitalize communities
500,000 homes could be constructed, renovated and sold under the bipartisan bill Representatives Mike Kelly (R-PA) and Brian Higgins (D-NY) introduced legislation to create a new tax incentive that would produce 500,000 starter homes in under-resourced communities over the next...
Poplar Homes Acquires Venture REI’s Single-Family Property Management Business
Acquisition adds more than 150 homes to Poplar's growing management portfolio, marks company's entry into Arizona Poplar Homes, the tech-enabled property management company changing the way independent single-family rental investors and multifamily owners manage their rental properties, today...
Setpoint Announces Acquisition of Resolute Diligence Solutions, Strengthening Technology Platform For Asset Backed Lending
Transaction brings together two of the fastest growing tech firms in the asset-backed lending ecosystem, advances shared vision of building next-gen lending infrastructure Setpoint announces the acquisition of Resolute Diligence Solutions, an industry leading due diligence provider focused on...









