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The Evergrande saga continues as Chairman Xu Jiayin sells off 7 billion yuan ($1.1 billion) of his personal assets to prop up the deflating property giant.

OptiFunder, a warehouse management system provider for mortgage originators, raised $25 million in additional capital lead by Arthur Ventures, a growth capital firm focused on high-growth, founder-led and capital efficient B2B software companies.

Cleveland-based CrossCountry Mortgage donated $100,000 to Milan Edison High School in memory of U.S. Navy Corpsman, Maxton W. Soviak, who died while assisting in the evacuation of Americans and refugees in Afghanistan in August.

A new report from Zillow found that “For Sale By Owner” listings made up just 4-6% of all monthly listings nationwide and that they are mostly used by rural and low-income sellers.

Forming workgroup to focus on standardizing document datasets to streamline process and increase efficiency.

Although the impact of the COVID-19 pandemic on the real estate industry has been well-documented within the United States, it’d be prudent to know how the global event impacted other countries as well. 

'The ongoing gains showed that lots of households are buying in those areas – something that should lure the attention of investors.'

On a year-over-year basis, though, all four regions witnessed sales decreases.

'We do not believe we are headed for a similar repeat in home price movements and default events in the mortgage market.'

First American Financial Corporation's Potential Home Sales Model for October 2021 reported that potential existing-home sales increased 0.1% month-over-month to 6.27 million, with household formation continuing to grow, largely driven by millennials.