Javid Jaberi serves as executive vice president of Single Family Residential Operations for Auction.com, the nation's largest online real estate transaction marketplace focused exclusively on the sale of bank-owned and foreclosure properties.
The core of any real estate marketplace is the ability to provide an accurate read on pricing paired with the ability to efficiently support the selling of real estate in any market condition. A healthy marketplace, such as Auction.com, will consist of buyers who continually find attractive opportunities, sellers that receive market prices and qualified bids early and often, and the process of transferring ownership through the marketplace will be effective and risk-free.
In the best of circumstances, disposition is a challenging business process. When you add in the complexity of unforeseen events, like this year’s hurricanes in the Southeast and wildfires in the West, it only underscores the importance of having the right infrastructure in place to support maximum efficiency when it comes to the successful marketing and selling of foreclosed properties.
He wears t-shirts to his televised interviews; not very CEO. He played sports at a high level, but rarely brings it up and when he does he talks about it as a mere chapter in his life. Honestly, who plays a Super Bowl and doesn’t describe it as the defining moment in their personal journey? Casey Crawford, that’s who. His family is a big part of his life of course, but he talks about his even larger family — his coworkers — in terms that are just as glowing.
One of the things that has bedeviled mortgage financing post-crisis has been the absence of the private label mortgage backed securities market. During the peak years, private label MBS issuance topped $1 trillion. In 2017, only $70 billion of private label RMBS were issued, although that is a big increase from 2016.
Digital technology has disrupted businesses and industries from publishing to public transportation, so can the mortgage industry be far behind? Actually, anyone who’s applied for a mortgage recently will have recognized that things are already changing fast.