Brent Taggart is Senior Vice President of Client Relations at Green River Capital, a leading real estate company, providing a variety of asset management, loss mitigation and portfolio valuation/due diligence services.
Pavaso and eOriginal partnered to digitalize the mortgage process. Through the partnership, the closing process will become fully digital, which includes the creation, execution and vaulting of an eNote for the delivery to the secondary market.
Institutional investors started buying large pools of single-family rentals three or four years ago. Back then, no one was really sure if it was new asset class or a just trade. Now, the market’s obvious appetite suggests that SFR is definitely a business, not an anomaly.
[Subscribers only] Multigenerational living, where two or more adult generations live under the same roof, is becoming a growing trend in the U.S. Currently about 19% of Americans now live in a multigenerational household, the highest level since 1950. That amounts to about 60.6 million adults in 2014, up from 57 million adults in 2012. And homebuilders have taken notice, designing houses specifically catered to this segment.
Would-be homeowners are inundated with picture-perfect examples of new and remodeled homes brimming with upgrades. But in the real world, homebuilders and investors must calculate the rate of return on these sometimes fleeting trends, weighing what buyers want with what they can actually afford. This feature looks at which features buyers of different age demographics consider the most important, and what that means for sellers.
We’ve found that the handling and posting of payments during bankruptcy has been a widespread issue in our testing environment. Specifically, there is increased risk exposure in pre-and post-petition payment application and treatment, both inside and outside of the bankruptcy plan. Servicers and sub-servicers have created manual workflow workarounds to address the issue, however, it does open the servicer up to more exposure to calculation errors.