Eviction

Findigs Announces $27M in Series B Funding to Reinvent the Rental Experience and Restore Trust Between Housing Providers and Renters

Retrieved on: 
Giovedì, Giugno 13, 2024
Technology, Construction & Property, Professional Services, Business, Software, Building Systems, Data Analytics, Data Management, Other Construction & Property, Residential Building & Real Estate, Incidence, Intuition, Data, Eviction, Fraud, Venture round, Automation, Entrepreneurship, IDS, WCAG, AI, FHA, Seed, Lease

Findigs , the leading property technology company simplifying rental screening and leasing decisions, today announced $27M in Series B funding.

Key Points: 
  • Findigs , the leading property technology company simplifying rental screening and leasing decisions, today announced $27M in Series B funding.
  • This financing follows the company’s unannounced Series A and Seed rounds, bringing its total funding to $48M to date.
  • Findigs is changing renting by addressing the fundamental complexities of rental underwriting, and delivering value back to renters with a fair and simple experience.
  • Alongside the Series B funding comes the launch of DecisionAssist: a breakthrough full-service screening offering from Findigs.

STAKE ACQUIRES CIRCA CREATING THE FIRST CASH BACK RENT PAYMENTS PLATFORM

Retrieved on: 
Giovedì, Giugno 13, 2024
Cloud, Visa, CRM, SSB, ACH, FDIC, Eviction, Acquisition, Partnership, Property management, Lease

NEW YORK, June 13, 2024 /PRNewswire/ -- Stake, the loyalty company for the rental economy, today announced the acquisition of rent payments company Circa for $9.5 million in cash and stock. The acquisition creates a first for the rental economy: delivering no-fee rent payments with instant Cash Back for renters. Free payment processing and success-based collections management are now available alongside Stake's loyalty, renter banking services, and incentive optimization services.

Key Points: 
  • NEW YORK, June 13, 2024 /PRNewswire/ -- Stake , the loyalty company for the rental economy, today announced the acquisition of rent payments company Circa for $9.5 million in cash and stock.
  • The acquisition creates a first for the rental economy: delivering no-fee rent payments with instant Cash Back for renters.
  • By bringing collections management to rent payments, Stake reduces the time on-site teams spend on collections and reduces renter arrears by 30% on average.
  • "Stake has always rewarded renters for staying current on rent," said Rowland Hobbs, CEO and co-founder of Stake.

Employ Prince George's Celebrates Governor Moore's Signing of Key Workforce Development Legislation

Retrieved on: 
Giovedì, Maggio 9, 2024
Report, Delegate, Housing, Policy, EPG, Commerce, MD, Occupation, House, General assembly, Employment, Eviction, Senate, Intelligence, Senator, Legislation, Economic development, County, Workforce, Pleasure, Multimedia, Brandywine, Assembly, ALL, Equipment, Management

Spearheaded by Senators Jeff Waldstreicher (Montgomery) and Michael Jackson (Prince George's) and Delegates Kevin M. Harris (Prince George's) and Vaughn Stewart (Montgomery), this legislation will provide targeted workforce development resources and support to individuals facing eviction proceedings.

Key Points: 
  • Spearheaded by Senators Jeff Waldstreicher (Montgomery) and Michael Jackson (Prince George's) and Delegates Kevin M. Harris (Prince George's) and Vaughn Stewart (Montgomery), this legislation will provide targeted workforce development resources and support to individuals facing eviction proceedings.
  • "We are thrilled to see Governor Moore's commitment to addressing the critical issues of housing insecurity and workforce development through the signing of House Bill 372 and Senate Bill 354," said Walter Simmons, President & CEO of Employ Prince George's.
  • This vital legislation, championed by Senator Alonzo Washington (Prince George's) and Delegate Adrian Boafo (Prince George's), saw broad support from businesses, nonprofits, Maryland's local workforce development boards, economic development entities, and chambers of commerce.
  • Along with the two landmark workforce development bills, Employ Prince George's secured a total of $850,000 in funding for multiple workforce development efforts.

PropTech Startups Choose VeriFast as All-in-One Verification Partner

Retrieved on: 
Lunedì, Aprile 22, 2024
Software, Professional Services, Personal Finance, Fintech, Data Management, Payments, Start-Up, Technology, Residential Building & Real Estate, Construction & Property, Artificial Intelligence, Data Analytics, Finance, Property technology, Ecosystem, Tenant, Verification, Partnership, API, Eviction, Privacy, Fraud, Cryptocurrency

By adopting VeriFast, these innovative platforms are delivering secure, hassle-free means for tenants and borrowers to verify their digital identity and financial ability to pay.

Key Points: 
  • By adopting VeriFast, these innovative platforms are delivering secure, hassle-free means for tenants and borrowers to verify their digital identity and financial ability to pay.
  • The integrations leverage VeriFast API , a fast-to-implement, endlessly customizable API solution with 24/7 human and AI-powered live chat support.
  • "Cove's partnership with VeriFast has been instrumental in our journey to innovate within Canada's rental market,” said Adyan Taver, chief executive of Cove.
  • “With these new partnerships and integrations, more consumers than ever have access to a fast, fair, fully digital verification option,” said Tim Ray, cofounder and CEO of VeriFast.

Snappt Partners with ResidentIQ® by Inhabit® to Enhance Resident Screening with Fraud Detection Services

Retrieved on: 
Martedì, Aprile 16, 2024
Ecosystem, EVP, Resident, Software, Partnership, Eviction, LOS, NMHC, Property management

LOS ANGELES, April 16, 2024 /PRNewswire/ -- Snappt, the leader in document fraud detection for residential apartment property managers, today announced the company's partnership with ResidentIQ®, an industry leader offering a comprehensive suite of software that integrates with property management systems for residential property managers. Snappt's fraud detection technology will now be fully integrated into ResidentIQ's online leasing experience, TenantTech®, and will enhance the Resident Screening experience powered by Western Reporting®.

Key Points: 
  • The partnership provides property management companies with an integrated solution for screening, online leasing, and document fraud detection to ensure confidence in leasing decisions.
  • Snappt's fraud detection technology will now be fully integrated into ResidentIQ's online leasing experience, TenantTech ®, and will enhance the Resident Screening experience powered by Western Reporting ®.
  • ResidentIQ provides a complete ecosystem of nearly every value-added service to support property management companies regardless of property management system, including screening, online leasing, and now, Snappt's document fraud detection.
  • ResidentIQ is debuting Snappt's fraud detection software into its unified Leasing and Screening Solution April 2024.

Eviction fiction? $15 million FTC-CFPB settlement with Trans Union and tenant screening subsidiary underscores importance of FCRA’s “maximum possible accuracy” requirement

Retrieved on: 
Giovedì, Aprile 25, 2024
Blog, Federal Trade Commission, FTC, Hearing, Tenant, Hope, TransUnion, Housing, Policy, Collection, Comment, Eviction, Exercise, Complaint, Record, Privacy, Face, BBB, LexisNexis, Judgement, Credit, File, FCRA, Letter, Fraud, Property management

Eviction fiction? $15 million FTC-CFPB settlement with Trans Union and tenant screening subsidiary underscores importance of FCRA’s “maximum possible accuracy” requirement“Reasonable procedures to assure maximum possible accuracy” isn’t a wish, a hope, or a lofty aspiration.

Key Points: 

Eviction fiction? $15 million FTC-CFPB settlement with Trans Union and tenant screening subsidiary underscores importance of FCRA’s “maximum possible accuracy” requirement

  • “Reasonable procedures to assure maximum possible accuracy” isn’t a wish, a hope, or a lofty aspiration.
  • A proposed $15 million FTC-CFPB settlement with Trans Union and its subsidiary TransUnion Rental Screening Solutions underscores that fundamental legal principle.
  • Operating under Tran Union’s management and oversight, TransUnion Rental Screening Solutions (TURSS) provides background screening reports about consumers to rental property owners, property management companies, employers, and other background screening companies.
  • Misinformation in eviction records can result in longer searches for a place to live, additional application fees, possible expenses for temporary housing, and higher rent payments.
  • What’s more, the proposed order will impose far-reaching changes in how TURSS and Trans Union do business.

Six out of 10 Property Managers Experienced Fraud in Past Two Years

Retrieved on: 
Giovedì, Aprile 4, 2024
Risk, Fraud, Employment, Research, Instinct, Housing, TransUnion, Eviction, Audit

Six out of ten property managers experienced fraud in the past two years, according to research from TransUnion’s tenant and employment screening business.

Key Points: 
  • Six out of ten property managers experienced fraud in the past two years, according to research from TransUnion’s tenant and employment screening business.
  • More concerning, 38% of property managers did not identify the fraud until after the applicant moved in.
  • In the meantime, the other residents might be at risk with fraudsters nearby.”
    The report found 43% of property managers saw increased evictions due to fraud.
  • Property managers appear almost evenly split with their approaches to mitigating fraud risk.

Mayor's Fund's Eviction-prevention Program Receives $2.8 Million Investment from Bob & Dolores Hope Foundation and Health Net

Retrieved on: 
Lunedì, Aprile 8, 2024
Health, Organization, Health Net, Eviction, Partnership, Risk, Research, Mental health, Hope, Housing, Investment, Safety, CalFresh, L.A. Care Health Plan, Medicare, Fund, Bob, Government, Medi-Cal

LOS ANGELES, April 8, 2024 /PRNewswire/ -- Recognizing the importance of preventing evictions in overcoming Los Angeles's homelessness crisis, The Bob & Dolores Hope Foundation has donated $1.5 million and Health Net $1.3 million to support the Mayor's Fund for Los Angeles' We Are LA program. We Are LA connects people at risk of eviction to every resource available to them to help them maintain stable housing.

Key Points: 
  • The two organizations join L.A. Care Health Plan, which made previous investments totaling $1.8 million, as the program's biggest donors.
  • L.A. Care's early support was critical for getting the We Are LA program off the ground and establishing its success.
  • "Earlier this year, L.A. Care Health Plan made a generous donation to the Mayor's Fund for this important effort and now I want to commend The Bob & Dolores Hope Foundation and Health Net for taking this courageous step and joining this effort.
  • Moreover, homelessness significantly undermines preventive health measures and exacerbates existing health issues," said Martha Santana-Chin, President of Medi-Cal and Medicare at Health Net.

Coalition calls on Governor Newsom to uphold funding for Equitable Building Decarbonization Program

Retrieved on: 
Mercoledì, Aprile 3, 2024
Health, Climate change, Environment, Letter, Eviction, Poverty, Tenant, Research, EBD, Policy, San Joaquin Valley, Legislature, BDC, Equity, Building, Building Energy, BEEP, Air pollution, Multimedia, Equitable Building, Renewable energy

SACRAMENTO, Calif., April 3, 2024 /PRNewswire/ -- A coalition of environmental justice and equity groups, environmental organizations, energy providers, and equipment manufacturers submitted a letter yesterday urging Governor Newsom and California policymakers to uphold $922 million for the California Energy Commission's Equitable Building Decarbonization (EBD) Program and bolster the program with $400 million in a climate bond that will appear before voters in November. The EBD Program would help expand access to cooling, improve air quality, reduce climate pollution, and boost the health and comfort of low-income and environmental justice communities. It would also accelerate the state's goal of installing 6 million heat pumps by 2030.

Key Points: 
  • Large-scale solutions like the Equitable Building Decarbonization Program can provide clean air and cooling, and help meet California's climate goals.
  • Shrinking funding for the program would have negative impacts on Californians," said Jose Torres, California Director at the Building Decarbonization Coalition.
  • While this program has been successful in providing much-needed upgrades, increased funding would have resulted in greater success with implementation.
  • The Building Decarbonization Coalition (BDC) aligns critical stakeholders on a path to transform the nation's buildings through clean energy, using policy, research, market development, and public engagement.

Federal Housing Advocate's final report calls for national response to the crisis of encampments

Retrieved on: 
Martedì, Febbraio 13, 2024
Mental health, Eviction, Violence, Sanitation, Indigenous peoples, Section 13, Federation, Government, Food, Life, Homelessness, Risk, Health, Heat, United Nations, Death, Organization, First Nations, Rights, Advocate, Community, Housing, Failure, Research, Water

OTTAWA, ON, Feb. 13, 2024 /CNW/ - Today, Federal Housing Advocate Marie-Josée Houle is calling for a national response to the human rights crisis facing people living in homeless encampments.

Key Points: 
  • OTTAWA, ON, Feb. 13, 2024 /CNW/ - Today, Federal Housing Advocate Marie-Josée Houle is calling for a national response to the human rights crisis facing people living in homeless encampments.
  • In her final report on encampments released today, the Advocate is recommending that the federal government establish a National Encampments Response Plan by August 31, 2024.
  • This Act recognizes housing as a fundamental human right in Canada, and mandated the Federal Housing Advocate to undertake reviews of systemic housing issues.
  • The National Housing Strategy Act specifies that when the Minister responsible for housing receives the report of such a systemic review, the Minister must respond within 120 days.