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Real Estate Industry News, including SFR and Commercial Development
NEWS: Pavaso, a provider of digital collaborative technology for the real estate lifecycle, announced it is co-hosting an event with leading mortgage document preparation provider International Document Services (IDS) during the Mortgage Bankers Association's (MBA's) 102nd Annual Convention and Expo in San Diego later this month. The event, 'eClosing All-Stars,' will be held on Sunday, Oct. 18 at Petco Park.
Real estate tech firm Pavaso announces completion of its pioneering end-to-end digital process for the industry
NEWS: Real estate technology company Pavaso today announced the completion of its pioneering end-to-end digital process for the industry with the addition of its sales contract negotiation tool for real estate agents. The tool allows the deal to start digitally and flow through their established process with lenders and settlement agents, creating a unified modern experience for consumers.
NEWS: It's the luxury real estate opportunity of a lifetime. The Semair Farm Estate located in Montecito, Calif. is available for the first time in nearly 40 years and sealed bids are due by Nov. 18 via Sage Auctions LLC.
Pavaso Offers IDMAXX Identity Validation, Character Reference Tool for Mortgage/Real Estate eClosing
NEWS: Pavaso, Inc., a provider of electronic collaborative technology for the real estate lifecycle, announced the availability of IDMAXX(SM), an identity validation/character reference tool that further enhances their end-to-end digital real estate process. The tool is currently in beta and being offered to users free of charge until the end of 2015.
NEWS: VLP Law Group LLP is pleased to announce that Tamara L. Osborne has joined the firm's Affordable Housing and Community Development Practice as a partner based in Los Angeles. Prior to joining VLP, Ms. Osborne was Senior Vice President in the equity production group of a large national syndication company.
Helping a Portland Sports Exec, ReverseVision Spotlights Directors Mortgage for HECM Reverse Mortgage Origination
NEWS: ReverseVision, Inc. is spotlighting a HECM reverse mortgage origination by Oregon-based Directors Mortgage, a Pacific-Northwest focused full service mortgage banking firm, as it illustrates an ideal application of the product that allows qualified homeowners age 62 or older to access a portion of their home equity as a financial resource, and eliminates the need to make house payments.
MISSION VIEJO, Calif. /eNewsChannels/ -- NEWS: California's Sprinkler Repair Guy keeps customers green by being green. How? They set customers up with automated sprinkler systems that are 100 percent water efficient and ensure that residential and commercial customers are not in violation of California drought violations. No more drought shaming!
SEATTLE, Wash. /eNewsChannels/ -- NEWS: Kennedy and Mohn, P.S. announced today that they represented Legacy Hospitality, an Albuquerque based hotel development and operating company, in the sale of the 170-room Homewood Suites by Hilton, Seattle/Lynnwood. The hotel was acquired by RLJ Lodging Trust (NYSE:RLJ) for $37.9 million or approximately $223,000 per key.
SARASOTA, Fla. /eNewsChannels/ -- NEWS: The Avianna, a luxury model home built by John Cannon Homes at The Concession Golf Club and Residences in Florida, has sold for $2.3 million. The 4,954-square-foot estate opened as a model in November 2014.
United Wholesale Mortgage announces New Loan Option Giving Originators Attractive Opportunity to Obtain More Business
TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest-growing wholesale lenders, has announced an interest-only financing program available to qualified borrowers who utilize UWM's extensive broker network for their mortgage needs.
CHICAGO, Ill. /eNewsChannels/ -- NEWS: Chicago REALTOR(R) Mike Kravitz, with RE/MAX Premier Properties, is among 2,090 RE/MAX agents and teams featured in the 2015 REAL Trends 'America's Best Real Estate Agents' report. The agents included in the survey represent less than 1 percent of all real estate practitioners in the United States.
WEST PALM BEACH, Fla. /eNewsChannels/ -- NEWS: OpenClose(R), an enterprise-class, multi-channel, end-to-end loan origination system (LOS) provider, announced that it is now delivering weekly data for the U.S. Mortgage Market Index, an indicator of upcoming mortgage originations that is published by Mortgage Daily, a leading online news and data source for the mortgage industry.
Pavaso and Mountain America Credit Union Host TILA-RESPA Integrated Disclosure Boot Camp for Utah REALTORS
SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mountain America Credit Union (MACU) and Pavaso, a provider of innovative real estate technology, are co-hosting a 'boot camp' for Salt Lake City area REALTORS(R) about how the CFPB's TILA-RESPA Integrated Disclosure (TRID) rule will affect both their business and the home buying experience of their customers.
SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, reports that the residential market continues in a positive trajectory, with a greater percentage of markets expected to increase in value over the next 12 months, moving upwards to 90% from last quarter's 86%.
SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: ReverseVision, Inc. has announced the launch of its new RV Support Portal designed to improve the support experience for users of RV Exchange (RVX), ReverseVision's flagship reverse loan origination system (RLOS) platform.
ShortSave Inc. Upgrades its Mortgage Servicer Dashboard Tools, Borrower Document Fulfillment and eSignatures
MONUMENT, Colo. /eNewsChannels/ -- NEWS: Colorado's ShortSave, Inc., the provider of an award-winning borrower-facing mortgage default servicing system, announced it has made several upgrades to its platform to improve analytics and compliance tracking for servicers, as well as enhancements to the borrower experience.
Former Fannie Mae Underwriting Consultant David Tracy joins Mid America Mortgage as National Underwriting Manager
ADDISON, Texas /eNewsChannels/ -- NEWS: Mid America Mortgage, Inc. owner and CEO Jeff Bode has announced the lender has hired former Fannie Mae underwriting consultant David Tracy as National Underwriting Manager. A 20+-year residential and commercial mortgage veteran, Tracy will be responsible for revitalizing Mid America's underwriting operations nationwide.
SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that lenders and technology vendors interested in the option of implementing a direct connection to FHA's recently announced Electronic Appraisal Delivery portal for electronic appraisal submission can connect through Veros' proprietary product, PATHWAY.
International Document Services (IDS) and Pavaso Partner to Create Digital Mortgage Closing Solutions
SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS) and Pavaso, a provider of innovative real estate technology, announced the two firms have entered into a partnership. Through this alliance, the two firms will develop an integration between Pavaso's Digital Close(TM) electronic closing platform and IDS's flagship doc prep system idsDoc.
SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: Today The Mortgage Collaborative (TMC), an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, and Fannie Mae agreed upon enhancements to the benefits offered to TMC members that were announced earlier in the year through a strategic partnership agreement.
TOLEDO, Ohio /eNewsChannels/ -- NEWS: Residential Renovations, a leading exterior remodeler and certified metal roofer in Northwest Ohio and Southeast Michigan, is pleased to announce DECRA's Shake XD, a stone coated steel roofing panel, will be the next metal roof showcased in their energy efficient roof line-up.
MIAMI, Fla. /eNewsChannels/ -- NEWS: Auction Company of America announced today that the famous Russell Cattle Ranch, a 420+ acres working cattle ranch in Bonifay in north Florida just minutes from I-10, will be auctioned May 2, 2015 in a special 'retirement auction.'
HOUSTON, Texas /eNewsChannels/ -- NEWS: Arbitration hearings have been scheduled for May 8, 2015 and May 13-15, 2015 regarding breach of contract, defamation and fraud claims for at least $131,081.21 filed against American International Industries, Inc. ('American'; OTC:AMIN / OTCMKTS:AMIN), and its CEO, Daniel Dror, by Scott Wolinsky, a former director of American, and Maria T. Wolinsky, his wife.
VeroFORECAST uncovers ‘Tale of Two Coasts’ with top and bottom U.S. real estate markets clustered in Northern Calif. and...
SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, reports that the residential market is gaining momentum with a greater percentage of markets expected to increase in value over the next 12 months, moving upwards to 86% from last quarter's 82 percent.
SARASOTA, Fla. /eNewsChannels/ -- NEWS: When John Cannon first started building luxury homes in the Sarasota-Bradenton area, gasoline was 89 cents a gallon, disposable contact lenses had just come onto the market and the 'Simpsons' made their television debut. A lot has changed since 1987. But one constant is John Cannon Homes as a finalist in the Sarasota Herald-Tribune's Reader's Choice poll for 'Best Builder.
TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage, one of the nation's largest and fastest growing wholesale lenders, today announced the availability of Freddie Mac's new Home Possible(R) Mortgage program, which enables first-time home buyers and low- to moderate-income borrowers to achieve home ownership with only a three percent down payment.
Former Director to Consolidate Civil Lawsuits Filed Against American International Industries, Inc. (AMIN)
HOUSTON, Texas /eNewsChannels/ -- NEWS: Scott Wolinsky, a former director of American International Industries, Inc. ('American'; Ticker 'AMIN' / OTCMKTS:AMIN), and Maria T. Wolinsky, his wife, have agreed to the consolidation of their defamation and fraud claims that were pending in two separate civil lawsuits against American and its CEO, Daniel Dror, in the Harris County District Courts into the ongoing Houston arbitration proceeding announced by American on December 17, 2014.
COLUMBUS, Ohio /eNewsChannels/ -- NEWS: Oakwood Management Company, one of Ohio's leading apartment community and commercial property management companies, announced the selection of Katz Marketing Solutions to provide brand marketing and strategic planning services.
SARASOTA, Fla. /eNewsChannels/ -- NEWS: Winning 24 awards at the annual Parade of Homes Awards Presentation, John Cannon Homes in Sarasota, Fla., was the most recognized custom home builder in this year's competition of 93 single family home entries. 'Our award-winning models showcase our attention to architectural details and feature different levels of finish,' said John Cannon, President.
TALCB Finds Appraisals Prepared for American International Industries, Inc. Violate 17 USPAP Provisions
AUSTIN and KEMAH, Texas /eNewsChannels/ -- NEWS: The Texas Appraiser Licensing and Certification Board (TALCB) held its February meeting on Feb. 20, 2015. At the meeting, the TALCB entered an 'Agreed Final Order' in the matter of an investigation of Complaint Nos. 13-321 and 13-325 filed by Scott Wolinsky, a former director of American International Industries, Inc. (OTCBB:AMIN / OTCMKTS:AMIN).
Strategic capital and analytics solution provider MorVest Capital says recent changes on FHA loans will impact mortgage servicing
DALLAS, Texas /eNewsChannels/ -- NEWS: MorVest Capital, a specialized investment firm focused on providing strategic capital and analytics solutions to the mortgage banking and residential finance industry, is drawing mortgage servicers' attention to the impact two recent changes will have on mortgage servicing rights fair value for FHA loans.
Veros Real Estate Solutions Delivers First Direct Connection to FHA Electronic Appraisal Delivery Portal
SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, today announced that lenders interested in utilizing FHA's recently announced Electronic Appraisal Delivery (EAD) portal can achieve a direct connection for electronic appraisal submission through Veros' PATHWAY.
SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announces that CEO Darius Bozorgi will be a panelist at the 2015 ABS Vegas conference, the largest capital markets conference in the world.
HOUSTON, Texas /eNewsChannels/ -- NEWS: Investors from all over Texas and the nation will be gathering at the George R. Brown Convention Center in downtown Houston to learn from the nation's leading experts. On Jan. 31, 2015, Lifestyles Unlimited, Inc., a Houston-based real estate education company, is hosting the Wealth and Passive Income Expo that is expected to have over 2,500 people from all over the world in attendance.
ATLANTA, Ga. /eNewsChannels/ -- NEWS: McWhirter Realty Partners, a comprehensive real estate services firm offering brokerage, property management and development service, today announced its relocation to the Atlanta Galleria Office Park in Cobb County, Georgia. The company also announces a significant increase in business during 2014, attributing the growth to financial institutions writing down REO assets, a rebound in residential real estate and land development, and increased management business.
Florida’s Margate Community Redevelopment Agency releases RFQ to develop the 36 acre City Center Site
MARGATE, Fla. /eNewsChannels/ -- NEWS: The Margate Community Redevelopment Agency (MCRA) is seeking qualified developers to develop all or a portion of a 36 acre future City Center site. Since 2003, the MCRA has engaged in assembling the properties surrounding the intersection of State Road 7 and Margate Boulevard with the goal of creating a vibrant mixed use City Center which would be a destination for both City and Northwest Broward residents.
TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced that it launched a product which offers conventional financing on up to 97 percent loan to value (LTV).
Changes to HUD Section 184 went into place this year, making it even more attractive to Native American Indian...
DENVER, Colo. /eNewsChannels/ -- NEWS: Native Americans with a tribal enrollment card have been eligible for a specialized Home Loan Guarantee Program (HUD Section 184) since 1992 to assist in the purchase of a new home, says Morgan Pennington, a Section 184 Licensed Mortgage Consultant at Universal Lending Corporation. Beginning this year, there are some new changes went into place that will make it even more attractive to Native American Indian homeowners.
TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale mortgage lenders, today announced that it has created a new Marketing Center and also completely 'reskinned' its mobile app, UMobile.
HUD-insured Home Equity Conversion Mortgage Have Less Risk for Lenders says ReverseVision Board Member, Jeffrey Taylor
SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: According to reverse mortgage expert Jeffrey Taylor, a ReverseVision board member and president of Wendover Consulting, mortgage lenders offering the HUD-insured Home Equity Conversion Mortgage (HECM) will find that originating reverse loans carries fewer risks than traditional mortgages.