As mellohome CEO Chris Heller recently noted, there’s a race afoot to be the dominant player offering a true one-stop-shop for homebuying. There appears to be a similar sprint happening on the rental side of the business as well. Case in point, rental listings site Zumper is preparing to roll out its own end-to-end platform that will allow renters to instantly rent an apartment or a home through its site.
Sanjiv Das became the CEO of CitiMortgage in July 2008, but we all know him as the CEO of Caliber Home Loans, a top 5 mortgage lender. Here’s his take on the shrinking mortgage lending space, with some advice on how to fix it.
Finicity, a fintech company and 2018 HW Tech100 winner, announced an integration with Capsilon into its Verification of Assets solution. Capsilon Chief Operating Officer Jim Obsitnik said the mortgage industry is undergoing radical transformation driven by technology.
Freddie Mac is integrating DocMagic technology into its software suite to facilitate the storage and control of eNotes. The government sponsored enterprise is incorporating DocMagic’s eVault technology and its SmartREGISTRY platform to store documents, perform automated eNote certification for Freddie Mac eMortgage lenders and enable the electronic transfer of these notes to other eVault systems.
Amherst Holdings, one of the largest single-family rental entities in the U.S., is putting up $1 billion to back a platform it can use to sell off homes it has flipped. According to a Bloomberg article, Amherst owns or manages roughly 20,000 single-family rentals and is launching a subsidiary called Bungalo to flip properties, selling them at no-haggle prices in the hopes of attracting buyers who want a simpler home buying experience.
Although homebuilders still fear increasing material costs, homebuilder confidence remained unchanged at 67 in September, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
We have been hearing about this for a while now, but the jury is finally in: Most economists predict this up cycle will end in 2020. America may have less than two fat years to make hay while the sun is still shining on the economy.
These exclusive tips during CRS Week will help you distinguish yourself from the competition.
Realtor.com® teamed up with Money to identify what it calls the best towns to reside, based on several economic and housing factors.
Buyers are “upping the ante” when it comes to putting more money down on a home purchase.
Karin Comeaux
Compass Realty & Management
8880 W Sunset Rd, Ste 290
Las Vegas, NV 89148
(702) 328-4114
(702) 586-1616
