ICE Mortgage Technology, a leading global provider of data, technology and market infrastructure, recently announced that MERSCORP Holdings, Inc., the mortgage industry’s national electronic loan registry, is expanding its capabilities to now include industry-wide, secure storage of Remote Online Notarization (RON) videos for lenders, investors, and servicers.
In August 2022, rent was less affordable than the previous year. Renters earning the typical household income devoted 26.4% of their income to lease a typical for-rent home (vs. 25.7% in August 2021).
The transaction is expected to close in the first half of 2023, following the receipt of regulatory approvals and the satisfaction of customary closing conditions.
Despite what you may read in the financial press, real estate has always been and continues to be, the IDEAL investment. The best real estate most of use will ever own is the real estate we bought yesterday (or last year, or ten years ago, or even longer ago). Everyone you talk to wants to own real estate.
I would say if you're a homebuyer, or a young person looking to buy a home, you need a bit of a reset.
Further, some comprehensive company policy manuals direct listing agents to provide the buyer’s agent with a written acknowledgement that the offer was reviewed and rejected by the seller -- this type of risk management practice can help lessen potential complaints.
When 13 Billion Dollars is dropped into the Real Estate for the acquisition of Black Knight (Beat Army!), Industry business leaders, strategists and planners, need to pay attention.
If data is the new oil, then data rights is the core asset that controls the refining and formulation of data into information products needed by many industries. REALTORS own the rights to the “original” data --its structure and local aggregations-- but have been unable to monetize these assets beyond the first point of sale.