Real property law

Fairway Independent Mortgage Corporation Selects Doma to Help Digitally Transform its Refinance Business

Retrieved on:

Thursday, July 15, 2021

Software, Construction & Property, Finance, Banking, Data management, Professional services, Technology, Residential Building & Real Estate, Escrow, Personal finance, Real property law, Closing, Mortgage loan, Law, Articles, Doma, Capitol Investment Corp. V, DOMA, CAPITOL INVESTMENT CORP. V

Doma, a leading force for disruptive change in the real estate industry, today announced that its Doma Intelligence platform plus title and escrow solutions will help power the real estate closing experience for Fairway Independent Mortgage Corporation (Fairway), a top nationwide mortgage lender.

Key Points:

Doma, a leading force for disruptive change in the real estate industry, today announced that its Doma Intelligence platform plus title and escrow solutions will help power the real estate closing experience for Fairway Independent Mortgage Corporation (Fairway), a top nationwide mortgage lender.
Fairway will leverage Domas proprietary machine intelligence technology to remove key points of friction and frustration involved in traditional mortgage closings, for both loan officers and mortgage customers.
Fairway is currently using Domas closing solutions within its consumer-direct channel, Homefinity, with plans to expand its use as warranted.
Were thrilled to be working with Fairway to provide their team and customers with an exceptional, streamlined, and technology-enabled closing experience.

U.S. Properties With Foreclosure Filings In First Six Months Of 2021 Hit All-time Low Of 65,082

Retrieved on:

Thursday, July 15, 2021

Mortgage, United States housing bubble, Real property law, Foreclosure, Urban decay, Real estate, Land law, Articles

Bucking the national trend with increasing foreclosure activity compared to a year ago, were only 5 of the 220 metro areas analyzed in the report.

Key Points:

Bucking the national trend with increasing foreclosure activity compared to a year ago, were only 5 of the 220 metro areas analyzed in the report.
Nationwide 0.05 percent of all housing units (one in every 2,112) had a foreclosure filing in the first half of 2021.
6,826 U.S. properties started the foreclosure process in June 2021, up 16 percent from the previous month and up 40 percent from a year ago.
Some foreclosure filings entered into the database during the quarter may have been recorded in the previous quarter.

RMO LLP's Scott Rahn and Matthew Baker Named Top Litigators in Los Angeles

Retrieved on:

Wednesday, July 14, 2021

Inheritance, Probate, Real property law, Law, Articles

LOS ANGELES, July 13, 2021 /PRNewswire/ -- Probate and trust estate litigation law firm RMO LLP announced today that Founding and Co-Managing Partner Scott Rahn, and Partner Matthew Baker have been recognized for their accomplishments as leading attorneys within the Los Angeles business community and named to the Los Angeles Business Journal's annual list "2021 Leaders of Influence: Litigators & Trial Lawyers.

Key Points:

LOS ANGELES, July 13, 2021 /PRNewswire/ -- Probate and trust estate litigation law firm RMO LLP announced today that Founding and Co-Managing Partner Scott Rahn, and Partner Matthew Baker have been recognized for their accomplishments as leading attorneys within the Los Angeles business community and named to the Los Angeles Business Journal's annual list "2021 Leaders of Influence: Litigators & Trial Lawyers.
"Thepublication says litigators are a special breed of attorney "that needs to transcend expert comprehension of the legal system.
Rahn serves as lead trial attorney for all trust, estate and probate controversy matters involving beneficiaries and fiduciaries at RMO LLP.
"Recently, Baker managed all aspects of a matter pending before the Los Angeles Superior Court, "said the publication.

ZSuite Technologies Launches Digital Escrow Solution ZEscrow

Retrieved on:

Tuesday, July 13, 2021

ZSuite Technologies , a financial technology company that aims to power community financial institutions with digital escrow products for specific commercial verticals that can be offered to their clients, announced today the launch of ZEscrow .

Key Points:

ZSuite Technologies , a financial technology company that aims to power community financial institutions with digital escrow products for specific commercial verticals that can be offered to their clients, announced today the launch of ZEscrow .
This new product is the only completely digital commercial escrow solution.
ZEscrow is a responsive web app for digital commercial escrow and sub-accounting.
ZSuite Technologies is a financial technology company that aims to power community financial institutions with digital escrow products for specific commercial verticals that can be offered to their clients.

Duuo launches Easy-Estimate API in partnership with property management platform, Tenantcube

Retrieved on:

Tuesday, July 13, 2021

Real property law, Finance, Landlord–tenant law, Money, Leasing, Property law, Property management, Landlord, Insurance, Leasehold estate

Duuo's new Easy-Estimate API allows tenants to get a quick tenant insurance quote within the Tenantcube platform, making the journey to purchasing insurance faster, and more efficient.

Key Points:

Duuo's new Easy-Estimate API allows tenants to get a quick tenant insurance quote within the Tenantcube platform, making the journey to purchasing insurance faster, and more efficient.
By the end of Q3 Duuo will also enable users to complete their tenant insurance purchase within the Tenantcube platform.
Tenantcube was founded by an Ontario-based landlord who wanted to completely revolutionize the renting experience for owners, property managers, realtors and tenants.
What sets Tenantcube apart is the affordability of their products while compared to traditional methods of property management.

Turning the Corner in April: CoreLogic Reports First Annual Decrease in US Overall Delinquency Rate Since March 2020

Retrieved on:

Tuesday, July 13, 2021

Professional services, Data management, Technology, Residential Building & Real Estate, Software, Finance, Construction & Property, Finance, Money, United States housing bubble, Mortgage, Economy, Foreclosure, Real property law, Urban decay, CoreLogic, Mortgage loan

To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency.

Key Points:

To gain an accurate view of the mortgage market and loan performance health, CoreLogic examines all stages of delinquency.
Adverse Delinquency (60 to 89 days past due): 0.3%, down from 0.7% in April 2020.
Serious Delinquency (90 days or more past due, including loans in foreclosure): 3.3%, up from 1.2% in April 2020.
Foreclosure Inventory Rate (the share of mortgages in some stage of the foreclosure process): 0.3%, unchanged from April 2020.

iStar Sets Second Quarter 2021 Earnings Release Date and Webcast

Retrieved on:

Monday, July 12, 2021

Articles, Leasing, Finance, Real property law, Economy, Commercial real estate, Net lease, Intelligence, surveillance, target acquisition, and reconnaissance, Istar, Lease, New York Stock Exchange

iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on institutional quality properties.

Key Points:

iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on institutional quality properties.
As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the creator of the modern ground lease industry, iStar is using its national investment platform and its historic strengths in finance and net lease to expand the use of modern ground leases within the $7 trillion institutional commercial real estate market.
Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades.
Additional information on iStar is available on its website at www.istar.com .

Trumark Homes Adds 37 Townhomes, Condo Flats and Detached Homes to Its NorCal Portfolio

Retrieved on:

Friday, July 9, 2021

Other Construction & Property, Residential Building & Real Estate, Construction & Property, Council areas of Scotland, Scotland, Real property law, Apartment, Single-family detached home, Loch Lomond, Terraced house, Condominium, Lomond

Trumark Homes , a national award-winning California homebuilder, today announced the acquisition of 37 townhomes, condo flats and two-story detached homes within the 76-unit Village of The Strand at Loch Lomond.

Key Points:

Trumark Homes , a national award-winning California homebuilder, today announced the acquisition of 37 townhomes, condo flats and two-story detached homes within the 76-unit Village of The Strand at Loch Lomond.
Starting from the mid $1Ms, Trumarks Loch Lomond community offers 18 single-family two-story detached homes, 14 two-story townhomes and five condo flats above a mixed-use building.
Two-story detached homes range from 2,111 to 3,360 square feet, three to four bedrooms and two-and-a-half to four bathrooms, with some plans offering lofts, flex space and dens.
Additionally, retail shops in the mixed-use building below the condo flats will provide convenient, everyday shopping within the development.

Leveling the Playing Field: New Legal Rights for Condominium Owners in Florida

Retrieved on:

Wednesday, July 7, 2021

Real property law, Condominium

These amendments went into effect on July 1, 2021 and some of the changes drastically bolster the rights of condominium owners and homeowners in Florida.

Key Points:

These amendments went into effect on July 1, 2021 and some of the changes drastically bolster the rights of condominium owners and homeowners in Florida.
According to Jeff Kominsky, an LS Carlson Law Partner based in Florida, "This new law will create a seismic shift in the way condominium owners are allowed to investigate and pursue claims."
Kominsky, an attorney who exclusively represents property owners in Florida, further added, "Associations will have to think twice about daring condominium owners to sue them in court."
One of the statutory rights given to every condominium owner and homeowner in Florida is the right to access and inspect Official Records of the Association.

Rhino Automates Employment and Income Verification to Improve Renter Experience

Retrieved on:

Tuesday, July 6, 2021

Renting, Real property law, WWE, Professional wrestling in the United States, Rhinoceroses, Rhino, Security deposit, Insurance, Rhyno, Fictional characters

NEW YORK, July 6, 2021 /PRNewswire/ -- Rhino, the New York City-based insurtech company that pioneered security deposit insurance, has automated the employment and income verification process for renters.

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NEW YORK, July 6, 2021 /PRNewswire/ -- Rhino, the New York City-based insurtech company that pioneered security deposit insurance, has automated the employment and income verification process for renters.
With Rhino's enhanced renter experience, renters can now securely authenticate their bank account information in order for Rhino to confirm their employment and income status when calculating their monthly premium.
About Rhino: Rhino was founded to give renters everywhere greater financial freedom to plan and enjoy their lives.
Instead of a large upfront cash security deposit, renters pay Rhino a small monthly fee, and Rhino insures the property owner for damages that might occur and lost rent.