Articles by Jeremiah Jensen

Facebook hack affected fewer users than initially thought

Only 30 million of the estimated 50 million accounts at risk were affected
Another statement from Facebook regarding the recent hack of user information came out on Friday. The social media giant says that there were fewer people who had their access tokens stolen than they originally estimated, saying that of the 50 million people who were believed to have been affected by the crack in its security protocols, only 30 million actually had their information stolen.
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Churches are taking on the affordable housing crisis

Houses of faith are turning unused buildings and land into affordable housing projects
Churches are taking a position on the frontlines of the affordable housing crisis, using their land to create new affordable housing developments. According to a report from Reuters and the World Economic Forum, churches around Washington, D.C., have begun to cobble together a new source of affordable housing supply using their land to stave off the affordable housing crisis.
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RealPage acquisition spree continues, agrees to purchase Rentlytics

This is RealPage's seventh acquisition since January 2017
Real estate tech company RealPage has been on an acquistion tear of late, shelling out more than $1 billion to acquire several other companies in the real estate tech space. And now, RealPage is at it again. RealPage announced Friday that it agreed to buy software-as-a-service company Rentlytics for $57 million, its seventh acquisition since January 2017.
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CitiMortgage takes a beating in Q3

Mortgage originations fall 29% and its mortgage division succumbs to scandal
Citigroup released its earnings report this morning, and mortgage originations are down. Way down. The bank reported a 29% decrease in originations year over year and an 8% decrease in originations from the second quarter.
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Uber co-founder's real estate tech company Haus hires new CEO

Names former Trulia exec Jonathan McNulty as its new CEO
Haus, Uber Co-Founder Garrett Camp’s real estate tech company, hired Jonathan McNulty as its new chief executive officer. Along with McNulty’s addition to Haus’ C-suite, Haus is launching a new digital platform to help homebuyers and sellers go through the real estate process on their own for free.
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Trump blames Fed for stock market nosedive

President told reporters he thinks the Fed went "crazy"
President Donald Trump is quadrupling down on his ire toward the Federal Reserve’s rate hikes. On the Tarmac at Erie International Airport, he blamed Wednesday’s market meltdown on the Fed, telling reporters, "The Fed is making a mistake," and saying, "I think the Fed has gone crazy."
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Dow Jones drops more than 800 points in the face of rising rate fears

Worst drop the Dow has seen since February
Rate hikes have spurred a selloff and the Dow Jones Industrial Average received its worst pummeling since February, dropping more than 800 points today. It’s been a tough month for the major indexes with S&P 500 and the Dow down more than 2.7% and 1.6%, respectively. And the Nasdaq has lost more than 5.5%.
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6 Questions with 6 HUD Executives, Ep. 3: FHA Commissioner Brian Montgomery

In this exclusive interview, Montgomery discusses tech development at HUD and more
Brian Montgomery's role as FHA commissioner is a far cry from back when he thought he’d become a geologist, before housing “got into [his] blood,” as he tells HousingWire Editor-in-Chief Jacob Gaffney in our latest, exclusive podcast series: 6 Questions for 6 HUD Executives.
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