The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

Investments

Auction.com lands $50 million Google Capital investment

Google gets back into real estate

Auction.com announced a $50 million investment from Google Capital. As a result, one representative from Google Capital will join the company’s Board of Directors and another will take a board observer position.

“Auction.com has quietly built one of the largest marketplaces on the web,” said David Lawee, Partner at Google Capital.

“We think Auction.com can fundamentally change how real estate, and particularly commercial real estate, can be bought and sold, leveling the playing field for smaller investors," Lawee added.

Google Capital adds its name to a list of shareholders in Auction.com including Starwood Capital Group, Starwood Property Trust and Stone Point Capital and funds managed by affiliates of Fortress Investment Group.

Auction.com annually handles tens of thousands of transactions across commercial and residential real estate for customers ranging from the largest financial institutions to individuals and brokers.

“Over $7 billion of commercial and residential real estate traded through our online marketplace in 2013, and we believe that having Google Capital’s support will help us expand our industry leadership, and carve out a bigger share of the global real estate market,” said Jeff Frieden, CEO and co-founder of Auction.com.  

This is not the first time Google turned its attention to real estate. The web giant once launched an online mortgage-pricing tool with Mortech. And then, two years later, it took down its real estate listings.

"We recognize that there might be better, more effective ways to help people find local real estate information than the current feature makes possible," said Brian McClendon, vice president Google Earth and Maps at the time.

"We’ll continue to explore this area," he said.

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3d rendering of a row of luxury townhouses along a street

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