Quantcast

Press Releases

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.

Auction.com Introduces National Hospitality Division

IRVINE, Calif. – Jan. 27, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, has expanded its highly successful hospitality business with the formation of a new division focused specifically on the sale of hotel properties. The company closed transactions on 26 hospitality properties during the fourth quarter of 2014 and a total of 76 hotels last year. Properties sold in 2014 included full-service Holiday Inns, Marriott Courtyards, Hampton Inns and Suites, Country Inns by Carlson, Comfort Inns, Red Roof Inns, Best Westerns, Microtel Inns and other nationally recognized brands. A sample of sellers utilizing Auction.com in 2014 included RLJ Lodging Trust, Westmont Hospitality, Peachtree Hotel Group, Liberty Group, Garrison and Linchris Hotel Corp.

2015 Existing Home Sales Expected to Pick Up Where 2014 Left Off, According to Auction.com Real Estate Nowcast

IRVINE AND SILICON VALLEY, CALIF. – January 26, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, has released its January Auction.com Real Estate NowcastTM which projects that existing home sales for the month will fall between seasonally adjusted annual rates (SAAR) of 4.90 and 5.21 million annual sales, with a targeted number of 5.06 million. This suggests that January sales will be up from one year ago and essentially flat compared to…

Auction.com iPad App Used by Bidder to Buy Best Western Hotel for $2.2 Million

IRVINE AND SILICON VALLEY, Calif. – Jan. 12, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, today announced the $2.2 million sale of the Quail Hollow Inn, a Best Western property, in Benson, Arizona to Kalthia Group Hotels, a growth-oriented hospitality management company. Himanshu Sarvaiya, vice president of development with Kalthia Group Hotels, also became the first bidder to win a commercial real estate auction using the Auction.com iPad app. …

Statement from Auction.com Research Topic: Bureau of Labor Statistics (BLS) December Employment Situation

With today's release of the Bureau of Labor Statistics (BLS) December Employment Situation report, real estate investors saw a mixed bag of high job growth with little wage improvement.  Chris Muoio, senior associate and economist with Auction.com Research, offered the following analysis:     "December saw 252,000 jobs added, beating expectations.  Additionally, November’s huge gain was revised even higher, and now shows 353,000 jobs added in the month.  Payrolls added an average of 246,000 jobs per month this…

Inlanta Mortgage Opens New Illinois Branch Office

January 8, 2015, Brookfield, Wis.  – Inlanta Mortgage, Inc. is pleased to announce its expansion in Illinois with the addition of a new mortgage branch office in Oswego, Illinois. The Oswego location is managed by veteran loan originator Jim Gussman. Gussman has more than twenty years of experience in the mortgage industry. Prior to Inlanta Mortgage Gussman was a branch manager at Cherry Creek Mortgage. …

Auction.com Facilitates the Closing of More than $205 Million in Commercial Assets in November

IRVINE, Calif. – January 6, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, reported closings on 74 commercial assets throughout November with a total combined value of more than $205 million. The office sector continues to show strength on the Auction.com platform. “Pricing in the office segment continues to outpace the fundamentals, making this a market best suited for patient investors who can see the long term potential a property can achieve,” said…

Black Knight Financial Services' "First Look" at November Mortgage Data: Delinquencies Jump 12 Percent From October; Foreclosures Continue Decline

-          National delinquency rate back above 6 percent for first time since February -          Increase seen across all categories of pre-foreclosure delinquencies -          Foreclosure inventory continues decline; reaches lowest level since January 2008 -          Foreclosure starts down 9 percent month-over-month; lowest level since May 2006 JACKSONVILLE, Fla., Dec. 30, 2014 /PRNewswire/ -- The Data and Analytics division of Black Knight Financial Services reports the following "first look" at November 2014 month-end mortgage performance statistics derived from its loan-level database representing…

November Auction.com Real Estate Nowcast Predicts Existing Home Sales of 5.25 Million Units

Early forecast of November housing numbers buck seasonal trends; Sales flat compared to October, up significantly from November 2013

Auction.com Named One of AlwaysOn’s OnMobile Top 100 Companies for 2014

IRVINE AND SILICON VALLEY, Calif. – Nov. 13, 2014 – Auction.com, LLC, the nation’s leading online real estate marketplace, has been chosen by AlwaysOn as an OnMobile Top 100 winner for 2014. Selected companies are recognized for their potential to innovate in large markets – something Auction.com has succeeded at in the residential and commercial real estate space, first with its online real estate auction platform and more recently with its iPad application, which has…

Already a subscriber? Log in here
Please note you must now log in with your email address and password.