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.
According to Verizon’s 2019 Data Breach Investigations Report, 10% of the 2,013 breaches that occurred in 2018 were within the financial industry. Personal data was compromised in 43% of those breaches, which were largely attributed to privilege misuse, errors or unsecure web applications.
Rising interest rates often cause homebuyers to think twice about moving forward with a mortgage. In April, mortgage applications fell more than 7% after 30-year fixed mortgage rates reached a high for the month.