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Reggora CEO Brian Zitin said his company is looking to help mortgage lenders by removing the need to manually underwrite most appraisals. Appraisal management software company Reggora is adding a repurchase and loan-level price adjustment (LLPA) warranty to its appraisal review solution. The valuation tech company said it will cover any financial loss associated with a repurchase or LLPA adjustment due to an appraisal defect. Reggora is believed to be the first company to do so based on the results of its appraisal technology, Reggora Appraisal Review. In a statement on Wednesday, Reggora — a HousingWire Tech 100 winner —…

It’s been a year since New York City began enforcing its near-ban on short-term rentals, including Airbnbs.While the number of short-term rentals has plummeted, the effect on the housing market is unclear.Airbnb says the ban is too broad and hasn’t made housing any more affordable. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. New…

On October 5, Israel launched a ground military operation, demanding the evacuation of Palestinians residing in Beit Hanoon, Beit Lahiya, Jabalia refugee camp, and Jabalia town. It then cut off the transfer of humanitarian aid to the area, leading aid agencies to sound the alarm of imminent starvation. The stated objective of this operation is to destroy regrouped Palestinian resistance forces in the north. However, observers have noted that this new assault may be the first stage of what Israeli media has dubbed the “General’s Plan” of ethnically cleansing northern Gaza as a form of collective punishment of Palestinians. The…

October is New Agent Month at Inman. Follow along as we go deeper on the tools, tech and tips you’ll need to survive and thrive in 2024. For curated content crafted just for first-year agents, be sure to subscribe to our weekly newsletter, The Basics. The journey to greatness in real estate isn’t just about discipline or ambition; it’s about the intricate process of transformation. It’s about turning potential into habit, habit into resilience and resilience into success. Here’s how that journey unfolds, step by step, in this high-stakes industry. Step 1: Discipline breeds habits In real estate, discipline is…

It’s been just over twenty-four hours since the launch of the Donald Trump-endorsed digital coin “WLFI,” and the token is failing to deliver on the ambitious fundraising goals set by its founding team.World Liberty Financial — which bills itself as a crypto bank where customers will be encouraged to borrow, lend and invest in digital coins — began its token sale on Tuesday morning. On Monday, project co-founder Zachary Folkman bragged in a pre-launch stream on X that “well over 100,000 people” were whitelisted to invest.”We knew that this project was highly anticipated. We knew that there was a lot…

Falling debris narrowly missed a group of people in a street in eastern Turkey, after it was hit by an earthquake.A 5.9-magnitude quake struck the city of Elazig in Turkey’s Malatya province on Wednesday. There have been no reports of any injuries or casualties. Source link

The viral sailor who braved Hurricane Milton on his tiny boat in Tampa, Florida reportedly has a checkered past … with police alleging he once tried to light a woman on fire. The alleged incident involving Joseph Malinowski — better known as “Lieutenant Dan” on TikTok — took place in February 2023, according to the New York Post, which cites Palm Beach County Sheriff’s records. The Post says cops claim Malinowski was arguing with a woman named Sarah Perry while she was smoking a cigarette about 20 feet away from him near West Palm Beach. She was with her brother…

Mortgage applications decreased 17% from one week earlier as mortgage rates surged, according to data from the Mortgage Bankers Association’s (MBA) weekly application survey for the week ending October 11, 2024. The Market Composite Index, a measure of mortgage loan application volume, decreased 17% on both a seasonally adjusted and an unadjusted basis from one week earlier. The refinance index decreased 26% from the previous week and was 111% higher than the same week one year ago. The seasonally adjusted purchase index decreased 7% from one week earlier and was 7% higher than the same week one year ago. “Mortgage…

A senior Two Sigma quant researcher is leaving for Cubist.Kan Huang co-led a key machine-learning unit known as techniques forecasting.Jin Choi, Huang’s interim cohead, has been named sole head of the long-running techniques group. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. A senior leader in one of Two Sigma’s key research units is…

The Transportation Department handed out a record fine after the airline prevented 128 travelers from making a connecting flight in 2022. Source link