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Rekon Announces VP Promotion

Rekon Technologies announced the promotion of Jim Su to VP of software development. In his new role, Su is charged with overseeing the technology operations of Rekon's software programmers and managing the company's quality assurance team.

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CoesterVMS Implements Flat-Fee Model for Residential Appraisals

CoesterVMS announced that as of January 1, it has implemented the first flat fee model for residential appraisals. Through the new model, all conventional appraisals are priced at $450 while appraisals are $475. The Rockville, Maryland-based appraisal management company (AMC) explained a tiered fee structure is generally utilized, which determines prices based on the property type or location.

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Solidifi and Kirchmeyer Announce Consolidation Deal

Two of the nation's independent appraisal management companies have joined forces, turning Solidifi into the third-largest residential real estate valuations firm in the U.S. Releasing an official statement, Solidifi announced that it had completed a consolidation deal with Kirchmeyer & Associates as part of the growth strategy the company initiated in 2012.

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Carrington Mortgage Opens New East Coast Facilities

The lending division of Carrington Mortgage Services, LLC is expecting serious company growth in 2013--and it starts with new offices in Indiana and Connecticut, the company announced. The two new operations centers (located in Fishers, Indiana, and Enfield, Connecticut) will be dedicated to serving the East Coast from both the retail and wholesale lending perspective.

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USFS Names New President

New

In Michigan, United Shore Financial Services, LLC (USFS) has a new leader at the helm. The company named Mat Ishbia as president. Ishbia previously served as president of United Wholesale Mortgage (UWM), USFS' largest division and the fastest-growing wholesale mortgage lender in America.

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NAHB’s Improving Markets Index Jumps Again, Reaches 242 in January

The National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) continued its trend of marked monthly improvements in January, according to a release from the NAHB. The index rose for the fifth consecutive month in January to reach 242, once again achieving a record high. According to the NAHB, the list of improving markets now includes entrants from 48 states and the District of Columbia. The only states not represented are Kansas and New Mexico.

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Neuberger Berman Touts Stability for Investors in 2013

A new report from Neuberger Berman Group LLC indicates that 2013 will usher in greater stability and a reduction in uncertainty and volatility for investors. Releasing macroeconomic analysis, the company touted diversification of assets and the appeal of real estate securities during the year ahead.

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