Real Estate

Real Estate Industry News, including SFR and Commercial Development

The Mortgage Collaborative

The Mortgage Collaborative Adds Twelve Providers to Preferred Partner Network

SAN DIEGO, Calif. -- The Mortgage Collaborative, an independent mortgage lending cooperative, today announced the formal approval of twelve new preferred partner companies to their national network, announced the Collaborative's EVP of National Sales and Strategic Alliances, Rich Swerbinsky.

Simplifile Q2 2016 Report Finds Emerging Preference Among Lenders for Settlement Partners Who E-Record

PROVO, Utah -- Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today released quarterly figures summarizing the organization's activities and achievements from April through June 2016.

Platinum Data Announces Enhanced Integration with Ellie Mae’s Encompass Mortgage Management Solution

ALISO VIEJO, Calif. -- Platinum Data Solutions, a provider of valuation data and analytics solutions for the mortgage industry, announced an enhanced integration with Ellie Mae's Encompass(R) all-in-one mortgage management solution. The enhanced integration allows lenders to order Platinum Data's RealView(R) appraisal quality reports by submitting appraisal data in MISMO XML format directly through Encompass, to drive quality and efficiency in the loan origination process.

Bank of Southern California Provides $5 Million in Financing to OWB Real Estate Holdings, LLC

SAN DIEGO, Calif. -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has provided $5 million in financing as senior lender in part of a larger financing arrangement for OWB Real Estate Holdings, LLC. The financing was a combination of bank borrowing, and loans secured through the Federally backed New Market Tax Credit program. The financing provided funds used for the acquisition of land, improvements, and equipment of a shuttered beef slaughter and processing plant in Brawley, Calif., formerly operated by National Beef.

Searching for a new home just got bigger and better with TOPTEN!

MILPITAS, Calif. -- TOPTEN New Homes announces the largest national home search specifically for new construction. Scratch the case of the Mondays, friend. We come bearing great news! Our engineering and design team spent several late-night weeks creating a new and improved real estate search.

New York Real Estate Investor Firm, Sell My House Fast NY, Relieves Home Sellers of Financial Burden

ALBANY, N.Y. -- A New York-based real estate investor group, SellMyHouseFastNY.com, specializes in buying pre-foreclosed homes with little or no equity. Sell My House Fast NY is designed to help the seller quickly liquidate their home, often within 48 hours, so they can put some cash in their pocket and eliminate any credit damage.

Simplifile and Landtech Integration Streamlines E-Recoding Process for Title Insurance Settlement Service Providers

NEWS: (PROVO, Utah) Simplifile, the nation's largest e-recording service provider, has partnered with Landtech Data Corporation to improve recording efficiency and ease payment processing for Landtech's nationwide customer base. The integration will further advance the efficiency of the e-recording process by allowing settlement service providers to submit and pay for their e-recording documents using Simplifile without ever leaving the Landtech system.

Simplifile Report for Q1-16 Reveals Three Out of Four Transactions Eligible to be E-Recorded

NEWS: (PROVO, Utah) Simplifile, a leader in electronic document and data workflow technology for lenders, settlement agents and counties, today released quarterly figures summarizing the organization's activities and achievements from January through March 2016.

Six Calif. Luxury Homes In The San Francisco Bay Area Totaling Over $85 Million Head to Auction

NEWS: (SAN FRANCISCO, Calif.) This Sunday, April 24, is the deadline to participate in an extraordinary buying event for some of the finest San Francisco Bay Area real estate. Luxury home auction consultant Guy Masters, in cooperation with Olivia Hsu Decker, the legendary luxury home specialist and co-owner of Decker Bullock Sotheby's International Realty present this unparalleled opportunity.

$85M of luxury San Francisco homes to be offered at 2016 California Lifestyle Auction

NEWS: (SAN FRANCISCO, Calif.) Luxury home auction consultant Guy Masters, in cooperation with Olivia Hsu Decker, the legendary luxury home specialist and co-owner of Decker Bullock Sotheby's International Realty present this unparalleled opportunity to bid on six of the finest homes in Northern California. Each non-distressed property represents the best of the California lifestyle. Ms. Decker will be donating five percent of her fees to the successful bidders' charity of choice.

HousingWire HW TECH100 for 2016 includes Platinum Data Solutions for Third Consecutive Year

NEWS: (ALISO VIEJO, Calif.) Platinum Data Solutions, a provider of valuation data and analytics solutions, has been included on HousingWire's 2016 HW TECH100 list for the third year of the three year old awards program. Since hiring eLynx co-founder Phil Huff as CEO in 2012, Platinum Data been focused on consistent innovation.

Luxury Homebuilder, John Cannon Homes Awarded First Place as 2016 Best Residential Builder, 24th Consecutive Year

NEWS: (SARASOTA, Fla.) The Reader's Choice Awards 2016, an annual event presented by the Sarasota Herald-Tribune, was held last Thursday evening. John Cannon Homes once again received the first place award for Best Residential Builder in both Sarasota and Manatee Counties for the 24th consecutive year.

As the top team at Coldwell Banker in Huntington Beach, Malakai Sparks Group constantly sets records

NEWS: (HUNTINGTON BEACH, Calif.) When it came to selling real estate in Huntington Beach in 2015, nobody did it better than the Malakai Sparks Group. As the top team at Coldwell Banker in Huntington Beach, Calif., Malakai and his associates constantly set one record after another. Always setting new price records in the areas in which they sold, the Malakai Sparks Group knows what it takes to sell a property quickly and at the best possible price.

International Document Services Celebrates its 30th Anniversary in 2016

NEWS: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced the company will celebrate 30 years in business in 2016. The company plans to celebrate with various promotions and events throughout the year.

Pavaso VP Nancy G. Pratt elected as Co-Chair for MISMO’s eMortgage Workgroup

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.

Kara Lamphere Returns to Mid America Mortgage to Manage Correspondent Lending

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.

Carolwood Equities, a Real Estate Investment Firm Turns Tidy Profit in First Year

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.
Mid America Mortgage

Mid America Mortgage Seeks TRID Scratch & Dent Mortgage Loans

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.

Marketing Tools for Real Estate Pros Enhanced through Mid America Concierge Service

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.

OPTIMA launches its first project in the Orlando Walt Disney World area

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.'

Avoid California Drought Violations with Water Saving Solutions from the Sprinkler Repair Guy

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!

RLJ Lodging Trust acquires Homewood Suites Hilton Seattle/Lynnwood

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.

‘The Avianna’ at The Concession Golf Club and Residences sells for $2.3 million

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.

OpenClose data is now enhancing the Mortgage Market Index published by Mortgage Daily

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.

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