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Real Estate Industry News, including SFR and Commercial Development
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.
Scott Wolinsky, Former Director of American International Industries, Inc. Files Civil Lawsuit in Response to TALCB Investigation
HOUSTON, Texas /eNewsChannels/ -- NEWS: Scott Wolinsky, a former director of American International Industries, Inc. ('AMIN'; OTC:AMIN / OTCMKTS:AMIN), and Maria T. Wolinsky, his wife, filed a civil lawsuit (Cause No. 2015-16578) against the appraiser of many of AMIN's properties, George Kahle Group, LLC and its owner, George F. ('Jeff') Kahle, III, on 03/20/2015 in the 190th Judicial District Court of Harris County, Texas.
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.
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.