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, Jan. 5, 2021

Simon Property Group, Indianapolis, completed its acquisition of an 80 percent ownership interest in The Taubman Realty Group Limited Partnership, Bloomfield Hills, Mich.

Industry Briefs Nov. 13, 2020

Qualia, San Francisco, launched its Physical Document Service, enabling mortgage lenders to automate management of paper trailing documents from title partners through Qualia.

Christy Moss, CMB, and Ken Logan, CMB: Reps and Warrants Relief Key to IMB Liquidity Strategies

There is more to spinning today’s volume into gold than efficiently originating high quality loans. For independent mortgage banks, the name of the game is liquidity. Lenders with an eye and a taste for transformative growth are equally attentive to their liquidity strategies, including how their origination practices impact liquidity now and after the current cycle ends.

Industry Briefs Oct. 15, 2020

FormFree, Athens, Ga., has been granted Patent Number 10,769,723 for its proprietary ‘Systems and Methods for Electronic Account Certification and Enhanced Credit Reporting’ by the United States Patent and Trademark Office.

Industry Briefs Oct. 7, 2020

LERETA, Pomona, Calif., a provider of national real estate tax and flood services, acquired Accumatch. A Dallas-based property tax intelligence company. Terms were not disclosed.

Industry Briefs Aug. 28, 2020

SimpleNexus, Lehi, Utah, enhanced its integration with MobilityRE with new features that improve the home search experience for borrowers and enable lenders and realtors to respond more swiftly to borrower requests.

Industry Briefs Aug. 27, 2020

SimpleNexus, Lehi, Utah, enhanced its integration with MobilityRE with new features that improve the home search experience for borrowers and enable lenders and realtors to respond more swiftly to borrower requests.

Brent Chandler: Timely Employment Verification Pivotal to Mortgage, Other Consumer Lending Risk Management

Mortgage bankers and consumer lenders of every stripe have their plates full right now, so some may have missed a significant development or not had the bandwidth to consider its implications. One of America’s primary investors in loans to consumers has lost confidence in automated systems used for verifying loan applicants’ current employment status, accelerating an already-in-motion shift in how borrowers’ ability to repay needs to be assessed.

Brent Chandler: Timely Employment Verification Pivotal to Mortgage, Other Consumer Lending Risk Management

Mortgage bankers and consumer lenders of every stripe have their plates full right now, so some may have missed a significant development or not had the bandwidth to consider its implications. One of America’s primary investors in loans to consumers has lost confidence in automated systems used for verifying loan applicants’ current employment status, accelerating an already-in-motion shift in how borrowers’ ability to repay needs to be assessed.