Industry Briefs Monday Feb. 22 2021

Redfin, Seattle, announced it entered into an agreement to acquire RentPath, an Atlanta-based owner of ApartmentGuide.com, Rent.com, and Rentals.com, for $608 million in cash.

Industry Briefs Feb. 16 2021

LodeStar Software Solutions announced an integration with Mortgage Coach, creator of the Total Cost Analysis Borrower Conversion Platform. This integration allows lenders of any size to include accurate closing provider fees when creating a Total Cost Analysis for borrowers.

CoreLogic: November Mortgage Delinquency Rates at 11-Month Low

Ahead of this Thursday’s 4th Quarter National Delinquency Report from the Mortgage Bankers Association, CoreLogic, Irvine, Calif., said new November mortgage delinquencies fell below pre-pandemic levels and, while serious delinquencies fell to their lowest levels since June.

CoreLogic: Mortgage Delinquencies Rise, But Pace Moderates

CoreLogic, Irvine, Calif., said on a national level, 6.1% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in October, a 2.4-percentage point increase from a year ago, when it was 3.7%.

Industry Briefs Dec. 21, 2020

New American Funding, Tustin, Calif., launched a mentorship program to help team members develop professionally. New American Funding’s “360 Mentorship Program” matches an internal leader with another employee who is pursuing career advancement.

Single-Family Rental Market Stabilizes

CoreLogic, Irvine, Calif., said single-family rent growth increased in October, outpacing their previous-year growth rate for the first time since the pandemic started.