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DataDigest: Office debt is stressing banks. That matters for mortgages.

Housing Wire

The rapid collapse of four regional banks that began last March shocked regulators and investors alike. The banks had courted high-net-worth clients working in speculative tech and crypto startups in Silicon Valley, while also tying up a large portion of the banks’ assets in Treasury securities. By the end of Feb.

Mortgage 369
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Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Title firms collecting and making use of advanced analytics and proprietary technologies can provide invaluable insights into housing market trends, property valuations, and risk assessment.

Brokerage 361
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Download these 9 real estate prospecting letter templates that actually work

Housing Wire

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. Always include your contact information and a call to action, such as an offer for a free home valuation. The same quantity of printed, inserted, stamped and mailed letters are $1.38

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Blend is now worth $4.6B. Now what?

Housing Wire

Shares closed trading at $20.90, giving Blend a valuation of around $4.6 Blend’s investors are apparently convinced that the company can radically transform lending, simplifying and digitizing regimented-but-clumsy processes that are still rather paperwork-heavy. “So, the roadshow was very, very well received.”

Insurance 381
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How to vet private money lenders for real estate investing

Housing Wire

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. Property managers and real estate agents who are interested in working with investors.

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People Movers: FundingShield, North American Title Company, Valligent Technologies, Garris Horn and Azimuth GRC

Housing Wire

Before that Yankowski was president and CEO of Executive Title Insurance Services. Valuation technology company Valligent Technologies has named Walter Allen as its executive vice president of digital transformation. Tech company Azimuth GRC has hired Chris Phillips as its chief technology officer and investor.

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Reports: A few items for appraisers to consider

Valuation Review

In today’s uptick market, appraisers face a variety of challenges stemming from client expectations and from regulatory agencies. Director of Product Management Jeremy Staudenmaier, from ACI-a First American company, shared a few tips with Valuation Review to pass along to appraisers.