Community OutreachIn The News

National REO Brokers Association Seeing Increased CRE Foreclosure Activity

The National REO Brokers Association (NRBA) says its members are reporting increased commercial real estate (CRE) foreclosure and resale activity as 2023 comes to an end. While much of the national focus is on distressed assets in the office space sector, more of the smaller, stand-alone structures that house small businesses are being repossessed and resold as well.

Read More
AcquisitionIn The News

Heightened Sector Regulation Spurs Compliance-Focused M&A

Capstone Partners, a middle market investment banking firm, released its November 2023 Financial Technology (FinTech) Market Update, reporting that the FinTech sector has showcased significant strength amidst economic turbulence and heightened regulatory oversight, evidenced by healthy levels of merger and acquisition (M&A) and financing activity through year-to-date (YTD).

Read More
In The NewsLOS Trends

Publix Employees Federal Credit Union Inks Tech Contract To Modernize Operations

Dark Matter Technologies (Dark Matter), a provider of origination technology, has signed a contract with Lakeland, Florida-based Publix Employees Federal Credit Union (PEFCU). The signing is the first under Dark Matter’s new corporate structure and reflects the growing footprint of the company’s Empower Loan Origination Platform in the credit union sector.

Read More