News: Real Estate

Real Estate Industry News, including SFR and Commercial Development

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.

United Wholesale Mortgage Announces Conventional Financing up to 97-percent loan to value

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 homeowners

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.

United Wholesale Mortgage announces Enhancements to Marketing Center and Mobile App for brokers

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.

Rob Katz of ReverseVision says reverse mortgage originations have been trending up in 2014

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.

Jane Imperatore and Michael Kass join VLP Law Group as partners with an emphasis on Construction Law and Affordable Housing

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 analytics

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.

The IDX Store Returns 100 Percent of Their Commission to Wisconsin Home and Land Buyers

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.

Non-QM Program to Accommodate Jumbo Borrowers rolled out by United Wholesale Mortgage

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.

Newsome Team REALTORS awarded prestigious award as one of the Top Ten Teams of RE/MAX of Southern Ohio for 2013

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.

Great White Enterprises, LLC announces Future for Wisconsin Real Estate – The IDX Store

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.

HVS Capital Corp to sell Radisson Hotel Corning in New York

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.

Coester Valuation Management Services' Appraisals Will Streamline Reverse Mortgage Lender Workflow

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: ReverseVision, Inc. today announced an agreement to add CoesterVMS's appraisal services to RV Exchange - ReverseVision's Reverse Loan Origination System (RLOS) platform. Reverse mortgage lenders use RV Exchange for the full lifecycle of the loan-from initial proposal through application, underwriting, closing and post-closing.

Michigan's Midland Resort and Convention Center to be Sold

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.

International Document Services, Inc. announces its idsDoc Platform Now Fully Supports E-Signatures for FHA Documents

SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. today announced that its flagship doc prep system idsDoc is fully capable of supporting electronic signatures for Federal Housing Administration (FHA) documents. The FHA announced on Jan. 30 that it would accept e-signatures on documents associated with FHA-insured loans.

Shore Mortgage 'Flex Term' helps Homeowners Build Exact Loan Type Wanted

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.

Global DMS' single-source solution automates Forsythe Appraisal's entire appraisal process

LANSDALE, Pa. /eNewsChannels/ -- NEWS: Global DMS, a leading provider of compliant valuation management software, announced that Forsythe Appraisals, LLC, the largest independent provider of residential real estate appraisals in the United States, is leveraging the eTrac Enterprise platform to manage appraisal ordering, tracking and review for all of its branch offices covering 40 major metropolitan areas across the country.

Jim Gillette of Edgewood Partners Insurance Center named 2014 Risk and Insurance Retail Industry Power Broker

SAN MATEO, Calif. /eNewsChannels/ -- NEWS: Edgewood Partners Insurance Center (EPIC), a nationally expanding retail property, casualty and employee benefits insurance brokerage, today announced that Jim Gillette has been named as a 2014 Risk and Insurance Retail Industry Power Broker. Kathleen Felderman, managing principal and the leader of EPIC's national real estate practice, was also recognized as a 2014 Real Estate Industry Power Broker Finalist.

United Wholesale Mortgage launches Loan Status Communication Tool for Brokers and REALTORS

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), the nation's largest wholesale lender, today announced that it rolled out UWM Track, which assists brokers in providing current status on loans to REALTORS(R). The efficiency and visibility the solution offers eliminates communication issues and facilitates the broker's ability to forge stronger relationships with REALTORS(R), thus increasing business.

Robert Jayne, VP Vanguard Funding LLC, Earns Prestigious NRMLA Certified Reverse Mortgage Professional Designation

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.

Southern California Remodelers Council announces 2014 Event and Training Schedule with Title 24 Remodel Standards Seminar

LOS ANGELES, Calif. /eNewsChannels/ -- NEWS: In looking ahead to the New Year, the BIA Southern California Remodelers Council and staff are excited to announce their up-coming educational programs as well as their business building opportunities for 2014. The February lineup includes the IBS (International Builders Show) NAHB Annual Tradeshow February 4 to 6, 2014.

Shore Mortgage Expands to Offer Home Loans in All 50 U.S. States

TROY, Mich. /eNewsChannels/ -- NEWS: Shore Mortgage, a direct-to-consumer online mortgage lender focused on service and speed, today announced that the firm is licensed to originate and service mortgages in all 50 states. This makes Shore Mortgage, a division of United Shore Financial Services (USFS), part of a select group of direct lenders with nationwide coverage.

WTCI welcomes Josh Ream as Vice President and Property Broker in Atlanta

ATLANTA, Ga. /eNewsChannels/ -- NEWS: WTCI (Wholesale Trading Co-Op Insurance Services, LLC) today announced that property brokerage veteran Josh Ream has joined the firm as Vice President/Property Broker in Atlanta, Georgia.