Eviction

Emerging City Takes Bold Step With Market Valuation, according to Veloce Capital

Retrieved on: 
Thursday, December 22, 2022

As part of the move from high-priced rents (up 7% nationally) and real estate, Jersey City has taken the notable new claim as the most expensive US city for renters.

Key Points: 
  • As part of the move from high-priced rents (up 7% nationally) and real estate, Jersey City has taken the notable new claim as the most expensive US city for renters.
  • With consumers flooding a hot market with high demand and short supply, such dramatic changes have given rise to other commuter cities.
  • The City of Paterson is emerging as a popular area for real estate investment after a history marked by urban degradation.
  • Veloce Capital invests primarily in multifamily assets to provide investors with growth, short and long-term appreciation, attractive risk-adjusted returns, and flexible terms compared to traditional investing.

The Salvation Army Aims to Raise $1.5 Million in a Single Afternoon

Retrieved on: 
Friday, December 9, 2022

ALEXANDRIA, Va., Dec. 9, 2022 /PRNewswire/ -- The Salvation Army's National Commander, Commissioner Kenneth Hodder, issued the "National Commander's Red Kettle Challenge", to Salvation Army officers, staff, volunteers, and supporters across the country earlier this holiday season to raise more donations than him on Friday, December 9, 2022. Today, Commissioner Hodder will be putting his bell-ringing skills to the test at his local Walmart Supercenter (5885 Kingstowne Blvd, Alexandria, VA 22315) from 3p.m. to 7p.m. ET.

Key Points: 
  • Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9092353-the-salvation-army-natio...
    This year's challenge has a goal to raise $1.5 million nationwide after last year's challenge yielded more than $1.1 million in donations.
  • "Thanks to a generous public, The Salvation Army is able to love beyond the holidays and provide services to more than 25 million people all year long."
  • To learn more about how The Salvation Army meets human needs around the holidays and throughout the year, visit SalvationArmyUSA.org .
  • The Salvation Army annually serves more than 25 million people in America, helping them overcome poverty, addiction, and economic hardships through a range of social services.

Wells Fargo joins Prime Partner bank program

Retrieved on: 
Tuesday, November 29, 2022

AUSTIN, Texas, Nov. 29, 2022 /PRNewswire/ -- Texas Access to Justice Foundation, the largest state-based funding source for civil legal aid, announced today Wells Fargo is the newest and one of the largest banks to join the Foundation's Prime Partner bank program, a significant step toward making legal assistance more accessible for thousands of Texans. Funding from this program helps TAJF provide legal aid services to more than 100,000 Texans across the state each year. 

Key Points: 
  • AUSTIN, Texas, Nov. 29, 2022 /PRNewswire/ -- Texas Access to Justice Foundation , the largest state-based funding source for civil legal aid, announced today Wells Fargo is the newest and one of the largest banks to join the Foundation's Prime Partner bank program, a significant step toward making legal assistance more accessible for thousands of Texans.
  • Prime Partner financial institutions pay 75% of the Federal Funds Target Rate on IOLTA accounts, which is well above the eligibility requirements for banks participating in the IOLTA program.
  • We welcome a well-known and leading financial institution like Wells Fargo to the Prime Partner program."
  • "Wells Fargo is dedicated to serving our communities and one of the ways we can do that is as a Prime Partner supporting the Texas IOLTA program, which funds legal services for thousands of vulnerable Texans," said Liesl Brown, Product Management Senior Manager for Wells Fargo.

Snappt Strengthens Fraud Protection With Security Certification And Expansion of Document Types Scanned

Retrieved on: 
Tuesday, November 29, 2022

Snappt has also successfully completed the SOC 2 certification process, an auditing procedure that ensures that Snappt securely manages applicant data to protect their privacy.

Key Points: 
  • Snappt has also successfully completed the SOC 2 certification process, an auditing procedure that ensures that Snappt securely manages applicant data to protect their privacy.
  • Snappt is proud to have taken this important step in further developing our fraud detection and cybersecurity capabilities, saysDaniel Berlind, CEO of Snappt.
  • The ability to scan investment portfolio statements and bank statements for fraud helps customers expand their ability to detect fraud in the application process.
  • Snappt is used by 8 of the top 10 property management firms in the U.S. For more information, visit www.snappt.com

National Equity Fund and Esusu Offer Financial Well-being to Over 500,000 Residents in Affordable Housing Communities

Retrieved on: 
Tuesday, November 15, 2022

CHICAGO, Nov. 15, 2022 /PRNewswire/ -- National Equity Fund (NEF), a leading nonprofit Low-Income Housing Tax Credit (LIHTC) syndicator and asset manager for affordable housing, is announcing a strategic partnership with Esusu Financial, Inc., the leading financial technology company leveraging rent reporting for credit building. As part of their initiative to bring a more holistic service offering to the affordable housing industry, National Equity Fund has made a corporate investment in Esusu. 

Key Points: 
  • CHICAGO, Nov. 15, 2022 /PRNewswire/ -- National Equity Fund (NEF), a leading nonprofit Low-Income Housing Tax Credit (LIHTC) syndicator and asset manager for affordable housing, is announcing a strategic partnership with Esusu Financial, Inc., the leading financial technology company leveraging rent reporting for credit building.
  • As part of their initiative to bring a more holistic service offering to the affordable housing industry, National Equity Fund has made a corporate investment in Esusu.
  • "We are excited to take our more than three-decade commitment of delivering innovative, collaborative financial solutions to expand the creation and preservation of affordable housing to the next level through this partnership," said Matt Reilein, president and CEO of National Equity Fund.
  • Esusu is the leading financial technology platform that leverages data solutions to empower residents and improve property performance.

Get Covered Launches Credit Reporting & Monitoring Product to Help Residents Build their Credit

Retrieved on: 
Wednesday, November 2, 2022

NEW YORK, Nov. 2, 2022 /PRNewswire/ -- Get Covered, a leading insurance technology provider for multifamily operators, managers, residents and distribution partners, today announced the release of its new credit monitoring product.

Key Points: 
  • Get Covered's credit monitoring tool will help residents build their credit scores by reporting on-time rental payments to major credit bureaus and will report up to 24 months of past payments.
  • "Many residents value credit reporting from rent payments as a modern apartment amenity and we are excited to roll this new feature out to our clients and their residents," said Brandon Tobman, CEO of Get Covered.
  • According to data from TransUnion, 97% of renters see rent reporting as a good way to build credit and 67% prefer apartment communities that offer rental reporting over other options.
  • In addition to credit monitoring, Get Covered is also launching an ID theft protection bundle that will notify residents via text or email whenever possible suspicious activity is detected.

Snappt Names Sean X Cummings Chief Marketing Officer

Retrieved on: 
Tuesday, October 25, 2022

LOS ANGELES, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Snappt, the leader in document fraud detection for residential apartment property managers, announced today that Sean X Cummings has joined the company as Chief Marketing Officer (CMO).

Key Points: 
  • LOS ANGELES, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Snappt, the leader in document fraud detection for residential apartment property managers, announced today that Sean X Cummings has joined the company as Chief Marketing Officer (CMO).
  • Sean brings a unique combination of creativity, deep digital expertise, and a futurist mindset to the Snappt brand, said Daniel Berlind, CEO of Snappt.
  • As we continue to expand, Seans expertise in leading marketing organizations that drive high demand will bring incredible value to the business.
  • Sean will lead the strategy and execution of Snappts brand marketing, demand generation and digital marketing with a hyper-focus on expansion.

Possession Partner Experiences Unprecedented Growth Surge of Eviction Management Services Platform

Retrieved on: 
Thursday, October 27, 2022

Possession Partner is currently active in five states Florida, Texas, Georgia, Tennessee and Maryland all among the top states nationwide in eviction filings according to evictionlab.org .

Key Points: 
  • Possession Partner is currently active in five states Florida, Texas, Georgia, Tennessee and Maryland all among the top states nationwide in eviction filings according to evictionlab.org .
  • Possession Partner also has plans for a fourth-quarter expansion into California, where the nation's longest-running eviction moratoriums will be lifted by February 1, 2023.
  • Possession Partner is a full-service digital eviction case management system, featuring pioneering software and innovative procedures that deliver streamlined processing and significantly decreased time-to-possession.
  • "The interest in our comprehensive eviction management system has been absolutely incredible," said Larry Bellack, executive vice president of Possession Partner.

Duke Energy Florida lightens the load for individuals, families facing hardship with $700,000 to community agencies

Retrieved on: 
Wednesday, October 26, 2022

This is in addition to a $100,000 contribution Duke Energy Florida announced last week to Share the Light FundSM agencies to distribute to individuals and families in need.

Key Points: 
  • This is in addition to a $100,000 contribution Duke Energy Florida announced last week to Share the Light FundSM agencies to distribute to individuals and families in need.
  • "Duke Energy is committed to supporting our customers during this time of continued economic hardship," said Melissa Seixas, Duke Energy Florida state president.
  • Duke Energy Florida customers may qualify for assistance to help meet a wide range of needs, including utility bills, housing, food and other essentials.
  • Duke Energy Florida, a subsidiary of Duke Energy, owns 10,300 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.