Veros anticipates home depreciations in 10% of markets due to COVID-19; Tavant launches AI powered platform; Volly & FundingShield integrate
VEROS REAL ESTATE SOLUTIONS’ ANNUAL VEROFORECAST REPORT EXPECTS THE AVERAGE RESIDENTIAL REAL ESTATE PRICES TO DEPRECIATE in up to 10% of the nation's largest 100 housing markets through the first quarter of 2021, due to several factors related to the COVID-19 pandemic.
The Q1 2020 VeroFORECAST quarter-over-quarter annual report projects the average, home price appreciation will increase 1.9% by Q1 2021. Back in January, VeroFORECAST projected a price increase of 3.9% through December 2020. At only 1%, the report projected, “markets with depreciation are almost non-existent compared to previous quarters…
ARTIFICIAL INTELLIGENCE (AI) POWERED FINTECH TAVANT HAS LAUNCHED PROPTECH, a new real estate shopping platform designed to simplify residential property purchases for millennials and other homebuyers looking for innovative digital lending options.
In 2019, Tavant received over $30 billion in private equity financing from Venture Capital firms to run Proptech, according to a company release…
WOBURN, MASS., BASED VOLLY, A SOFTWARE-AS-A-SERVICE PROVIDER OF MARKETING AND POINT OF SALE automation for mortgage companies and banks, has entered into an integration partnership with FundingShield, which specializes in fraud prevention, regulatory compliance and settlement risk management technology solutions for mortgage lenders, real estate, title and legal industries.
The integration allows lenders to utilize FundingShield’s fraud and risk management technology through Volly’s POS to ensure loans are originated and closed in a secure setting…
Profiles
#NEXTraordinary People: Cerita Battles
CERITA BATTLES KNEW, AT 10, SHE WANTED TO BE A BANKER. That tells you something, right there. Because what 10-year old growing up in a beautiful, historic, seaside, Florida city, says her ultimate career goal is to be a banker?Olympic swimmer, maybe? Marine biologist, possibly? Lead singer in a band, or top vet at a zoo, or Mariah Carey, maybe? But banker? I don’t think so. (Or, let’s just say, it’s not likely. At 10, I mean. For me, personally, anyway.) But this, of course, is not your typical 10-year old. Not even close. Let me introduce you to Cerita J. Battles, of St. Augustine, Florida. She’s pretty much always known what she wanted in life. And today, (yes) she’s a successful banker. And I have no doubt she was one, smart, ambitious, independent-minded, 10-year old…
#NEXTraordinary People: Megan Darnell
JEANS AND BARE FEET Megan Darnell is new to the mortgage business. She’s actually new to all of financial services. She never worked on Wall Street. And she didn’t hedge servicing portfolios. She wasn’t a loan officer or an underwriter. So what did she do? She...
#NEXTraordinary People: Suzy Lindblom
“SUZY LINDBLOM LOVES A CHALLENGE” BY JANET REILLEY HEWITT — Suzy Lindblom has built an amazing career. But she’s not the type to brag about it. Self-promotion is not in her DNA. Chest thumping is just not a part of who she is.
Lindblom is a detail person, an efficiency expert. One of those people who likes to let results speak for themselves. And in her case, boy, do they ever.
She is chief operating officer for Planet Home Lending, Meriden, Connecticut. And if she was put in charge of all mortgage lending on the planet, she could probably get that done. (Just kidding, but, maybe not?)
Lindblom’s resume reads like the yearbook of someone who has run operations for some of the biggest, most marquee names…
