Accurate Group, Cleveland, Ohio, a provider of technology-driven real estate appraisal, title data, analytics, and e-closing platforms, entered into a partnership with Novacap, Montreal, a Canadian private equity firm.
Housing Market Roundup—Mar. 19, 2021
Here’s a rapid-fire summary of recent reports on the housing and housing finance industries:
Industry Briefs Mar. 12, 2021
HUD approved a Conciliation Agreement between JPMorgan Chase Bank and a Black woman, resolving the woman’s claim that the mortgage lender, relying on an appraisal that she believed was inaccurate, valued her home at an amount lower than its actual worth because of her race.
Fed Cuts Rates Amid Coronavirus Risks
The Federal Reserve yesterday made an emergency cut to the federal funds rate, citing “evolving risks” stemming from the global coronavirus outbreak.