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Real Matters Inc T.REAL

Alternate Symbol(s):  RLLMF

Real Matters Inc. is a Canada-based technology company. The Company provides network management services platform for the mortgage and insurance industries. It provides residential real estate appraisal and title services to mortgage lenders in the United States of America and residential real estate appraisal and insurance inspection services in Canada. Its segments include U.S. appraisal, U.S. title, and Canada. The U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, home equity and default transactions through its Solidifi brand. The U.S. Title segment serves the title market by providing various title services for refinance, purchase, home equity, short sale and real estate owned transactions to financial institutions through its Solidifi brand. The Canadian segment’s primary service offerings include residential mortgage appraisals for purchase, refinance and home equity transactions provided through its Solidifi brand.


TSX:REAL - Post by User

Comment by MrSnuffleupaguson Nov 21, 2020 6:07pm
225 Views
Post# 31947751

RE:RE:RE:why insider Jason keeps selling

RE:RE:RE:why insider Jason keeps sellingAs just one interpretation, VueC, perhaps he believes he'll be avg'ing up - a sign of confidence in the future health of the company (and SP trajectory)?? It's not a fire sale, he'll continue to maintain a significant stake in the company after the designated sale of these shares.

This, the share buy backs; the sustained low interest rates that could generate a meaningful increase in mortgage refinancing; the diaspora of newly minted work-at-home people selling smaller urban core homes to buy a larger one in a bedroom community/rural area; and, the current increased urban rental vacancy rate in cities like New York, Toronto, etc. leading some, possibly quite a few, investors in MURB's to list some or all of their units for sale.

All appear to be drivers to sustained/increased business for this company, which continues to sign-up new lenders in U.S. appraisal & title.  There's also the talk of monetizing the data they can mine from these activities.
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