Covius, FoxyAI partner on AI-driven property valuations by Jonathan Delozier for HousingWire

HousingWireHousingWire Covius has partnered with FoxyAI to integrate advanced property valuation analytics into its online auction platform, RealtyBid. The collaboration will provide users with artificial intelligence (AI)-driven insights, including condition-adjusted property valuations and projected returns on renovations. Through the partnership, users will have access to: An automated valuation model that…

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Atlas Real Estate taps Eric Thorsen as chief investment officer by Jonathan Delozier for HousingWire

HousingWireHousingWire Denver-based Atlas Real Estate has appointed Eric Thorsen as its chief investment officer. Thorsen will lead the firm’s investment strategy, oversee acquisitions and asset management, and guide capital allocation as the company expands its portfolio of single-family rental (SFR) and build-to-rent properties. Thorsen has been with Atlas for more…

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Michigan AG, former CFPB director say diminished agency puts consumers at risk by Chris Clow for HousingWire

HousingWireHousingWire Given court decisions in prior years that limit Michigan’s ability to enforce consumer protection laws, the state is reliant on the Consumer Financial Protection Bureau (CFPB) for regulatory enforcement. This would leave Michigan consumers vulnerable if the agency is severely scaled back or closed altogether. This was the warning…

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Cornerstone Capital Bank forms joint ventures with Texas, North Carolina homebuilders by Sarah Wolak for HousingWire

HousingWireHousingWire Cornerstone Capital Bank on Tuesday announced the launch of two joint ventures with homebuilders in Texas and North Carolina. Cornerstone, a national provider of residential mortgage finance and loan servicing solutions, is now managing joint venture mortgage companies for 15 homebuilders across the country — including this week’s addition…

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