News: Real Estate

NEWS: (PLANO, Texas) Nancy G. Pratt, VP of Partner Strategies and Government Affairs at real estate technology company Pavaso, was elected to serve as co-chair of the Mortgage Industry Standards Maintenance Organization (MISMO) eMortgage Workgroup at the organization's Winter Summit in January.

NEWS: Mid America Mortgage, Inc. Owner and CEO Jeff Bode announced it has re-hired former employee Kara Lamphere as director of correspondent lending to manage both its correspondent lending operations and compliance program, as well as to oversee the firm's purchases of investor-rejected TRID loans.

LOS ANGELES, Calif. /eNewsChannels/ -- NEWS: Carolwood Equities, a privately-held, fully-integrated real estate investment company, just closed a deal for an impressive return and the firm's founders, Andrew Shanfeld and Adam Rubin, partners, say it's just the beginning.

NEWS: Mid America Mortgage, Inc. Owner and Chief Executive Officer Jeff Bode announced the firm's interest in purchasing Scratch and Dent loans with TILA-RESPA Integrated Disclosure (TRID) infractions, even if a previous investor has rejected the loan for purchase.

NEWS: Mid America Mortgage, Inc. Owner and CEO Jeff Bode announced the firm has developed Mid America Concierge, an online marketing support portal for its strategic business partners, including real estate agents and brokers.

NEWS: OPTIMA, an international developer headquartered in Sao Paulo, Brazil, announces its expansion into the Orlando region and is launching its first project there today, the 'Regal Palms Elite Townhomes.'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

MIDLAND, Mich. /eNewsChannels/ -- NEWS: HVS Capital Corp today announced that it has been exclusively appointed to sell the 235-room Midland Resort and Convention Center in Midland, Michigan. This full-service hotel possesses nearly double the meeting space of any other property in the market, along with a sizable indoor recreation area that includes a lap pool, a whirlpool, a fitness room, a children's play area and a game room.

TROY, Mich. /eNewsChannels/ -- NEWS: Loan officers at Shore Mortgage - one of a select group of home lenders operating in all 50 states - are counseling clients right now on a new mortgage option that allows home owners to customize both the length of the loan and the payment like never before imagined.

GARDEN CITY, N.Y. /eNewsChannels/ -- NEWS: The Vice President of Vanguard Funding LLC, Robert Jayne, has joined the elite group of mortgage professionals to attain standing as a nationally recognized Certified Reverse Mortgage Professional (CRMP). The National Reverse Mortgage Lenders Association (NRMLA) has granted Jayne this distinguished certification as he has demonstrated he is confident in his skills and involved in the advancement of the reverse mortgage industry.