News Updates

Sagent Lending Technologies Adds Executive

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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 role. “I have a passion for bringing to the market compelling, innovative mortgage technology solutions that help people achieve and maintain homeownership, and I am excited to

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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 Adrien, current CEO of Lafayette Real Estate, and Dennis Cisterna III, current CEO of Guardian Residential. Both are long-time industry executives in the

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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 platform can accommodate every type of closing—from fully online to hybrid closings. The first is a fully automated, entirely digital experience that helps homebuyers

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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, including California, Colorado, Washington, Oregon, Pennsylvania and Texas. HomeLight is a resource for home sellers and buyers who use its Agent Matching service to hire real estate

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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 consecutive month with an annual decline. “While overall foreclosure activity is down nationwide, there are still parts of the country that we need to keep

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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 more than $75 million in commercial real estate deals. Since April 2014, the company has seen more than $525 million invested in office, multifamily, hotel, retail and industrial deals