CondoTek recently acquired National Condo Advisors (NCA). The two companies said they will leverage their expertise in the condominium-lending market and grow their customer base through product breadth and targeted services.

New Residential Investment Corp. recently entered into a definitive agreement with affiliates of The Goldman Sachs Group, Inc. to acquire Genesis Capital LLC, a leading business purpose lender that provides innovative solutions to developers of new construction, fix-and-flip and rental-hold projects and acquire a related portfolio of loans.

Big Purple Dot, provider of an ecosystem of mortgage marketing technologies, has added SMS/MMS video marketing to its all-in-one CRM lead management platform. The new SMS/MMS video tool empowers mortgage professionals to engage and retain customers in today’s highly competitive lending environment.

Earlier, Valuation Review reported the recent acquisition of CubiCasa, a Finland-based proptech startup, by Clear Capital. We recently sat down with new CubiCasa President Jeff Allen for more in-depth details about the acquisition and how this will accelerate appraisal modernization, among other things. Read on for more insight from Allen.

The Fannie Mae Home Purchase Sentiment Index decreased 1.2 points to 74.5 in September, as survey respondents continued to report divergent opinions of homebuying and home-selling conditions.

Overall, three of the index’s six components decreased month-over-month.

Read on for more from this report.

JLL Technologies, a division of JLL, recently announced the hire of Chief Information Security Officer Joe Silva to lead JLL’s information security strategy. Silva will be working closely with global technology teams across the company including JLL, a dedicated commercial real estate technology firm. Read on to learn more.

In a virtual public meeting held September 15, the Appraisal Subcommittee, the independent federal agency providing oversight for the real estate appraiser and appraisal management company (AMC) regulatory system, approved its 2022 budget. This included the approval of $9 million, more than half will be dedicated to grant funding and technical assistance intended to benefit the appraisal industry.

The Federal Housing Finance Agency recently published its house price index report for July 2021, showing house prices rose nationwide by 1.4 percent month-over-month and 19.2 percent year-over-year. The previously reported price change for June 2021, 1.6 percent, was revised upward to 1.7 percent.

Cherry Creek Mortgage announced that Phil Tidwell has been promoted to vice president of marketing operations. Tidwell was the company’s marketing operations director.