News Updates

First American Launches Endpoint, Invests $30 Million

First American Financial Corporation, a provider of title insurance, settlement services and risk solutions for real estate transactions, has launched Endpoint, a mobile-first title and escrow company that provides a reimagined closing experience for buyers, sellers and their real estate agents. Developed as a new stand-alone company, Endpoint combines First American’s title and settlement expertise with the innovative approach of an agile startup to provide a digital real estate closing

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Pembrook Acquires Five Properties in Southern California

Pembrook Capital Management LLC has closed a $10.6 million financing package for the acquisition and rehabilitation of five properties totaling 105 units in Los Angeles. The financing was structured as a $6.2 million first mortgage loan for the acquisition of 25 units located at 14949 Roscoe Boulevard and a $4.2 million preferred equity investment for the acquisition of 825-833 East 108th Street (22 units), 6121 Crenshaw Boulevard (17 units), 6736-6800

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Novel Coworking Adds New SmartSuites Floors to Minneapolis TriTech Center

Workspace provider Novel Coworking has added two new floors of SmartSuites at the Minneapolis TriTech Center location, totaling nine new suites and 17,000-square-feet of new space. In 2019, the company debuted its SmartSuites technology-enhanced private suites, which feature a combination of private offices and collaborative open space, dedicated kitchen and conference room facilities. They also offer integrated technologies such as Alexa-enabled sound system and biometric keypad entry. The Minneapolis TriTech

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CoreLogic Approved to Provide Verification of Employment and Income for Fannie Mae

CoreLogic, a global property information, analytics and data-enabled services provider, has been approved to provide verification of employment and income for Fannie Mae’s Desktop Underwriter (DU) Validation Service, a component of Day 1 Certainty. Through this integration, mortgage lenders can receive both automated and manual borrower employment and income verifications from CoreLogic as part of the DU validation service. This provides lenders with automated access and rapid representations and warranties

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RealPage Launches eCommerce Platform, Closes Acquisition of Buildium

RealPage has delivered the industry’s first eCommerce platform for residents via its ActiveBuilding resident portal solution. It was designed to enhance the resident experience and drive incremental yield from amenities, spaces, services and events. A redesigned, custom-branded mobile app allows residents to make purchases and manage apartment-related needs. Residents can reserve and pay for amenities, spaces and events directly, including parking, guest suites, self-storage, clubhouses, conference rooms, yoga classes, cleaners,

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First American Ranked Among the Best Workplaces for Diversity

First American Financial Corporation, a global provider of title insurance, settlement services and risk solutions for real estate transactions, has been recognized by Fortune and Great Place to Work as one of the 2019 Best Workplaces for Diversity for the fourth consecutive year. The ranking is based on anonymous survey responses representing more than 4.8 million employees at Great Place to Work-Certified organizations. “Earning this recognition for the fourth year

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