Industry Watch: Ocwen buys MSRs from Amerihome, Experian debuts employment verification and more

Experian has announced its expansion into employer services with the release of its new suite of real-time income and employment verification products, Experian Verify. The product is designed to improve borrowing experiences and support consumers with limited credit histories by allowing lenders to verify income and employment status in real-time. With a consumer’s consent, lenders […]

An emerging divide is appearing in retail

Brick-and-mortar retail is under siege from e-commerce — an ongoing trend over the past few years that has been accelerated by the COVID-19 pandemic. E-commerce as a share of all U.S. retail sales is now at 14%, up 300 basis points from its level at the end of 2019.  The transition to e-commerce dates to […]

International Investments: Israel

When looking at the top foreign-investment sources into U.S. commercial real estate, Israel’s outbound capital pipeline was among the hardest hit by the COVID-19 pandemic. According to Real Capital Analytics (RCA), investors from the small Middle Eastern nation placed only $881.9 million into U.S. properties in 2020, down 62% year over year. Of the top […]

Accurate office values are tough to come by

At this time last year, it was extremely difficult to establish the market value of any commercial property, including industrial and multifamily assets that have subsequently weathered the COVID-19 health crisis quite well. Today, according to appraisal experts, most asset types can be accurately valued. But there is an exception — office buildings. Office assets […]