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Real Estate Industry News, including SFR and Commercial Development
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...
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.
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).
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,...
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.
SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: Contrary to what has been reported for the past six months, reverse mortgage originations have been trending up according to ReverseVision, Inc., a leading provider of reverse mortgage lending solutions. ReverseVision's RV Exchange (RVX) is the leading reverse loan origination system (RLOS) and lending system of record for the majority of reverse lenders.
PALO ALTO, Calif. /eNewsChannels/ -- NEWS: VLP Law Group LLP today announcd the addition of Jane Imperatore and Michael Kass as partners with an emphasis on Construction Law and Affordable Housing. VLP's Real Estate Practice Group represents real estate owners, developers and investors in a broad array of transactions.
Global DMS and Collateral Analytics partner to integrate valuation management software and real estate...
LANSDALE, Pa. /eNewsChannels/ -- NEWS: Global DMS, a leading provider of Web-based compliant valuation management software, and Collateral Analytics, a leading provider of real estate analytics and valuation products, announced they formed a strategic alliance that integrated various components of their software valuation solutions.
Expanded Portfolio Review Service for current home values, liens and encumbrances announced by FirstClose
AUSTIN, Texas /eNewsChannels/ -- NEWS: FirstClose, an Austin, Texas-based mortgage technology service provider, today announced the expansion of its Portfolio Review Service for current home values, liens and encumbrances. Lenders can now access a detailed asset valuation that meets compliance requirements, but also exceeds expectations with a summary of the featured properties' transactional histories.
OMRO, Wis. /eNewsChannels/ -- NEWS: The IDX Store, a division of Great White Enterprises, LLC, will return 100 percent of its commission that is collected at Wisconsin home and land closings. 'So, just how does this work and how do Buyers get paid? As most would imagine, Buyers have questions and we have the answers,' Paul Landig, broker, president, says.
TROY, Mich. /eNewsChannels/ -- NEWS: Michigan-based United Wholesale Mortgage (UWM), one of the nation's largest wholesale lenders, today announced that it has launched a new program called 'Big and Easy Plus,' which is designed for non-QM Jumbo loans. UWM's originators can log into its broker portal, EASE (Easiest Application System Ever), to review the full set of guidelines and parameters.
TIPP CITY, Ohio /eNewsChannels/ -- NEWS: On March 24, 2014, Newsome Team REALTORS(R) was awarded the prestigious award as one of the 'Top Ten Teams of RE/MAX of Southern Ohio for 2013.' This area includes the Dayton, Cincinnati, and Northern Kentucky area and a total of 64 REALTOR(R) teams.
OMRO, Wis. /eNewsChannels/ -- NEWS: Traditionally, when buyers purchase a home, they enter into a Buyer Agency Representation Agreement with a real estate brokerage. Upon purchase, the broker, Buyer's agent, will receive the compensation offered by the owner or owner's agent, the listing broker. Not anymore. Paul Landig, broker, president Great White Enterprises, LLC in Wisconsin, had a vision that's now become a reality: The IDX Store.
NEW YORK, N.Y. /eNewsChannels/ -- NEWS: HVS Capital Corp (HVSCC) has been exclusively appointed to sell the 177-room Radisson Hotel Corning, located in the picturesque Finger Lakes Region of New York. This full-service hotel possesses more than twice the meeting capacity of any other hotel in the market, spacious guest rooms and a full-complement of services and amenities. Guests can dine at the three-meal Grill 1-2-5 or enjoy a cocktail at Steuben Bar.