Modular housing chosen as solution for temporary homes in London

PLACE | April 17, 2019

The Mayor of London has announced an investment of £11 million for temporary modular homes to help homeless families in the capital. There are currently more than 54,000 homeless households living in temporary accommodation in London, more than four fifths of whom are families with children. Temporary accommodation typically means privately rented flats, and can also include B&Bs and hostels. It is often expensive and can force families to move from their local area.

Spotlight

In your first year as a newbie real estate investor, you're bound to make a few mistakes, but you don't have to make THESE newbie real estate investor mistakes.
Brandon Turner shares the 8 stupid mistakes he made in his first year starting out in real estate investing to help you learn in hopes that you don't make the same! Brandon talks about flipping, house-hacking, buying deals, & more!

Spotlight

In your first year as a newbie real estate investor, you're bound to make a few mistakes, but you don't have to make THESE newbie real estate investor mistakes.
Brandon Turner shares the 8 stupid mistakes he made in his first year starting out in real estate investing to help you learn in hopes that you don't make the same! Brandon talks about flipping, house-hacking, buying deals, & more!

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REAL ESTATE INVESTMENT,MORTGAGE AND LENDING

MeridianLink® Announces Acquisition of OpenClose™

MeridianLink | November 08, 2022

MeridianLink, Inc.® (NYSE: MLNK) today announced it has completed the acquisition of OpenClose™, a leading fintech provider of residential mortgage software solutions for banks, credit unions, and independent mortgage lenders. The acquisition will enable customers to deliver seamless digital lending experiences to consumers, while reducing costs and time to close. The deal will also support the continued market expansion of MeridianLink’s full system capabilities serving depository organizations. MeridianLink is committed to ongoing innovation and will continue its investment in both the OpenClose (LenderAssist™) and MeridianLink® Mortgage (formerly known as LendingQB®) LOS solutions, giving customers more choices for award-winning digital lending offerings. The OpenClose and MeridianLink Mortgage workflow-driven solutions offer market-leading digital loan origination systems (LOS), point-of-sale (POS), product and pricing engine (PPE), and business intelligence (BI) functions, with easy access from any browser or mobile device. “We are thrilled to welcome the OpenClose team to MeridianLink. Combining the strengths of our organizations is great for the industry as we further enable our customers to deliver fast, frictionless mortgage lending experiences, from application through closing, This acquisition ensures that all customers can be confident that they have a comprehensive, premier mortgage solution in whichever offering they choose and that we will continue to invest in both offerings as we evolve the products to incorporate the best capabilities of each.” -Nicolaas Vlok, CEO of MeridianLink As part of the integration, MeridianLink Mortgage customers will be able to access the OpenClose point-of-sale (POS) system, Consumer Assist™, providing a superior experience for borrowers. In addition, OpenClose LenderAssist customers will be able to leverage the MeridianLink PriceMyLoan product and pricing engine (PPE), offering richer pricing options and features like parallel mortgage insurance pricing, an integrated fee engine, and loan comparison reports. Founded in 1999, OpenClose pioneered a SaaS-based lending automation software platform for the mortgage industry. Today, the company's comprehensive loan origination software helps customers cut the cost to manufacture loans while reducing processing and underwriting cycle times. For these reasons and more, OpenClose has experienced strong year-over-year growth as financial institutions invest in mortgage technology. Since our founding, customers have validated our company’s capabilities by choosing our SaaS solutions time and time again. Now, after record growth over the last several years, we’re excited to reach more customers faster while still providing the best-in-class technology, team, and customer service to which our customers have become accustomed, I am confident that our innovative, talented, and dedicated team along with our industry-leading technology will thrive even further as part of MeridianLink,said JP Kelly, president of OpenClose. About MeridianLink MeridianLink® (NYSE: MLNK) is a leading provider of cloud-based software solutions for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies. Headquartered in Costa Mesa, California, MeridianLink provides services to more than 1,900 customers, including a majority of the financial institutions on Forbes’ 2021 lists of America’s Best Credit Unions and Banks.

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AGENT,REAL ESTATE ADVICE

RentSpree Partners with C.A.R.'s OnlineEd Real Estate School to Offer Rental Agent Certification Courses

RentSpree | December 14, 2022

RentSpree, the industry's premier end-to-end rental management software provider, partnered with CALIFORNIA ASSOCIATION OF REALTORS®' OnlineEd, LLC real estate school, to offer rental agent certification courses. RentSpree will offer online courses focused on the rental market for those real estate agents seeking continuing education opportunities. RentSpree-led courses will be available on the site before the end of the year and will include: Tenant Screening 101 Leasing Agent Strategies for Converting Renters To Buyers Identifying Red Flags in Rental Applications Agents will receive an official course completion certificate upon finishing the session. "Agents are required to maintain their industry knowledge, latest standards, codes of conduct and best practices, RentSpree's mission is to help agents do their jobs. Supporting them in their continuing education feels like a natural extension to what we are already focused on doing." -RentSpree Chief Executive Officer Michael Lucarelli OnlineEd, LLC is an online school offering training in real estate, mortgage, insurance, and construction contracting. Headquartered in Portland, Oregon, OnlineEd has been offering online courses nationwide since 1998, partnering with reputable companies, schools, and associations nationwide. Now that OnlineEd is part of the C.A.R. family, OnlineEd, REBS, and C.A.R. are in a position to join with key partners to support the success of REALTORS® and other students nationwide who seek online education in topics most relevant in today's market, Partnering with RentSpree provides an opportunity to offer courses on leasing agent tools and strategies that are needed in today's real estate environment,stated REBS Board Chairman, Jared Martin. About RentSpree Los Angeles-based RentSpree is a provider of award-winning rental software that helps seamlessly connect real estate agents, owners, and renters to simplify and automate the entire rental process, from listing to lease. The all-in-one platform is known across all 50 states for its easy and secure interface and suite of rental tools, including tenant screening, rent payments, marketing and renter management. To date, RentSpree has partnered with more than 250 of the most influential MLSs, real estate associations and brokerages to serve over one million users in the U.S. RentSpree is ranked 625th on Inc. 5000's fastest-growing private companies in 2022.

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REAL ESTATE TECHNOLOGY,INVESTMENTS

Best Egg Teams up with MRI Software to Provide Flexible Rental Options

MRI Software | December 29, 2022

Marlette Holdings, Inc., one of the leading financial technology companies that operate the Best Egg platform, recently announced a partnership with MRI Software, a global leader in real estate solutions. The Best Egg Flexible Rent platform allows tenants to customize their monthly rental payments by dividing the total amount into several smaller, more manageable installments that can be paid at any time during the month. Due to the integration of this technology within MRI's RentPayment service, residents can now choose Flexible Rent as a payment option without leaving the MRI portal. In addition, millions of renters are managed nationwide by the open and linked software created by MRI, which is used by thousands of multifamily property managers. Best Egg is committed to giving its clients the resources they need to manage their daily finances while fostering financial confidence. Therefore, the company is happy to collaborate with MRI to give payment flexibility to the renters who use its software. The company's new Flexible Rent platform is a natural extension of that aim. Flexible Rent gives tenants more control over how and when they pay bills and guarantees timely and full rent payments to property managers. As part of the Partner Connect program, MRI Software is pleased to welcome the Best Egg Flexible Rent platform since it believes the combined technology will provide tenants greater freedom to manage their rent responsibilities while lessening the administrative burden on property managers. Flexible Rent will be offered to multifamily property managers and tenants via MRI RentPayment beginning in the first quarter of 2023 and will be rolled out to additional properties over time. About MRI Software MRI Software transforms how communities live, work, and play. Its flexible, open, and connected platform empowers commercial and residential property owners, operators, and occupiers to innovate in changing markets. MRI has been a PropTech pioneer for over 50 years, serving over 2 million consumers. MRI's leading technologies and partner ecosystem help real estate companies grow and compete.

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