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Real Estate Investors Continue to Favor Flipping - by a Narrowing Margin - According to Latest Auction.com Real Estate Investor Activity Report

IRVINE, Calif. – May 13, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, today announced the findings from its April 2015 Real Estate Investor Activity Report™, a nationwide survey of real estate investors bidding on properties offered for auction during the period. Though survey data collected from investors bidding on property online and at live events across the country in April reveals continued interest in flipping over a hold-to-rent strategy, that preference…

Black Knight's March Mortgage Monitor: Negative Equity Population Shrinks to Just Over 4 Million; 77 Percent of Borrowers in Foreclosure Are Underwater

Today, the Data and Analytics division of Black Knight Financial Services released its latest Mortgage Monitor Report, based on data as of the end of March 2015. Leveraging the Black Knight Home Price Index, which separately values both distressed and non-distressed properties, and the company's industry-leading loan-level mortgage performance database, Black Knight analyzed the latest available data on the nation's negative equity situation. As explained by Ben Graboske, senior vice president, Black Knight Data and Analytics, the trend remains one of overall improvement -- though negative equity distribution varies considerably depending upon geographical location and home values within a given market.

Auction.com Names Former LinkedIn and Yahoo! Engineer as Senior Director of Engineering

SILICON VALLEY, Calif. – April 27, 2015 – Auction.com, LLC, the world’s largest online real estate marketplace, has named former LinkedIn and Yahoo! engineer Lawrence Yuan as senior director of engineering. Yuan, who has spent the last four years leading various engineering teams within LinkedIn, including those responsible for the LinkedIn homepage, News Feed, notification and email products, will oversee the development of web and mobile products and applications that enhance how buyers, sellers and…

Black Knight Financial Services' "First Look" at March Mortgage Data: Delinquency Rate Sees Largest Monthly Drop in Nine Years

- Delinquency rate below 5 percent for first time since August 2007; down 12 percent month-over month - Prepayment (SMM) jump 40 percent month-over-month; up 103 percent from March 2014 - Foreclosure rate continues to decline, currently at 1.55 percent - Foreclosure starts increase 18 percent from February; up 7 percent from one year prior JACKSONVILLE, Fla., April 22, 2015 /PRNewswire/ -- The Data and Analytics division of Black Knight Financial Services reports the following "first look" at March 2015 month-end mortgage performance statistics…

Auction.com Releases Q1 2015 Investor Activity Report

IRVINE, CALIF. – April 20, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, today announced the findings from its First Quarter 2015 Real Estate Investor Activity Report™, a nationwide survey of real estate investors bidding on properties offered for auction during this respective period. This research provides insight into real estate investment trends on both a national and regional level. Survey data collected from investors bidding on property online and at live…

Auction.com Ranks Spring's Hottest Single Family Markets

Denver, San Antonio, Nashville, Ft. Lauderdale and Dallas lead the pack in terms of current and expected demand, price appreciation, and economic and demographic growth

Vladimir Bien-Aime Wins Mortgage Banking Magazine’s 2015 Tech All-Star Award

Global DMS, a leading provider of web-based compliant valuation management software, announced that its president and chief executive officer, Vladimir Bien-Aime, has been named to Mortgage Banking magazine’s prestigious 2015 Tech All-Stars list. The award was presented to Mr. Bien-Aime at a ceremony during the annual MBA Technology Conference and Expo held at the Hyatt Regency in Orlando, Florida.

Black Knight Financial Services Wins Seven Prestigious Stevie Awards for Excellence in Sales and Customer Service

Black Knight Financial Services was honored with seven coveted Stevie Awards for achievements in sales and customer service at the 2015 Stevie Awards ceremony. The Stevie Awards are the world’s premier business awards, honoring the achievements and positive contributions of organizations and professionals worldwide.

New Industry Recognition and Growth at Rushmore Loan Management Services LLC

Irvine, Calif. – April 6, 2015 - Rushmore Loan Management Services LLC , a national residential mortgage loan servicer of performing, re-performing and non-performing loans , announced today that Standard & Poor’s (S&P) raised its special servicer rating for Rushmore from Average to Above Average in the second annual review of the platform. They also affirmed an Average ranking as a residential primary servicer. Additionally, Rushmore recently received its first platform review from Fitch with…

Corporate Social Responsibility: NTC Sees Employee Morale and Company Growth through Local Community Volunteer Work

National research and document processing company NTC (Nationwide Title Clearing) is continuing to integrate Corporate Social Responsibility (CSR) into its business model, thus bringing a global movement to their local community. While CSR is typically carried out by international corporations with a broad global reach, NTC has managed to make an impact within its Florida community where it is headquartered.

Real Estate Investors Continue to Favor Flipping According to Latest Auction.com Real Estate Investor Activity Report

Auction.com, LLC, the nation’s leading online real estate marketplace, today announced the findings from its February 2015 Real Estate Investor Activity Report™, a nationwide survey of real estate investors bidding on properties offered for auction during the period. Survey data collected from investors bidding on property online and at live events across the country in February reveals a growing preference for flipping over a hold-to-rent strategy, even as rental rates climb in many markets.

Mortgage Industry Compliance: NTC Successfully Completes SSAE 16 (SOC 1) Type 2 Audit

A leader in residential real estate industry research and document processing, NTC (Nationwide Title Clearing, Inc.) deeply understands the importance of compliance with rigorous operating standards. As part of its ongoing commitment to meeting and maintaining these standards, NTC has successfully completed an SSAE 16 examination of its mortgage processing services for the period on July 1, 2014 through December 31, 2014. The examination was conducted by an independent CPA firm, BrightLine CPAs and Associates, Inc. No exceptions were found.

Auction.com Acquires Real Estate Technology Solutions Provider Channel, LLC

IRVINE AND SILICON VALLEY, Calif. – March 3, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, today announced its cash and stock acquisition of Channel, LLC, a Newport Beach, Calif.-based real estate technology solutions provider that offers a leading-edge real estate transaction platform with a proven ability to engage residential brokers and consumers. …

Auction.com Appoints Lee Leslie as Executive Vice President and Chief Legal Officer

IRVINE, Calif. – Feb. 18, 2015 – Auction.com, the nation’s leading online real estate marketplace, has named Lee Leslie as executive vice president and chief legal officer. Leslie has served as the firm’s interim general counsel for four months.   With 20 years of legal and real estate experience, Leslie oversees all legal, regulatory, intellectual property, corporate transactional and governance matters for Auction.com. Leslie works closely with Auction.com Chief Executive Officer and Co-Founder Jeff Frieden at the…

Auction.com Real Estate Nowcast for January Projects Weakening Home Sales

Auction.com, LLC, the nation’s leading online real estate marketplace, has released a revised January Auction.com Real Estate Nowcast™ projecting that existing home sales for the month will fall between seasonally adjusted annual rates (SAAR) of 4.83 and 5.19 million, with a targeted number of 5.01 million.

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