Real estate news

• Miami Beach man sentenced in Hillsborough real estate flipping scheme - Tampabay.com (blog)

  05-05-2015 22:52
  
  Miami Beach man sentenced in Hillsborough real estate flipping scheme
  Tampabay.com (blog)
  A Miami Beach man who cost lenders millions during a real estate flipping scheme in Hillsborough County was sentenced Tuesday to 11 years, 3 months in federal prison, the U.S. Attorney's Office said. The court also ordered Stephen Mayer, 51, to repay ...
  
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• Moody’s: Stopping eminent domain seizures of underwater mortgages a credit positive

  05-05-2015 21:57
  
  The House of Representatives’ Appropriations Subcommittee approved a bill last week for the fiscal year that would keep municipalities from using eminent domain to seize underwater mortgages. Here's why Moody's Investors Service says it's a good thing for investors.
  
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• Prudential Clyde Hendrick, REALTORS® Joins Berkshire Hathaway ... - Business Wire (press release)

  05-05-2015 21:26
  Prudential Clyde Hendrick, REALTORS® Joins Berkshire Hathaway ...
  Business Wire (press release)
  GRAND HAVEN, Mich.--(BUSINESS WIRE)--Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, today announced that Clyde Hendrick, REALTORS® has joined the network operating as ...and more »
  
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• The incredible real-estate portfolio of Bill Gates, the world's richest man - Business Insider

  05-05-2015 21:07
  
  Business Insider
  The incredible real-estate portfolio of Bill Gates, the world's richest man
  Business Insider
  With a net worth that's estimated to be as much as $80.1 billion, Microsoft cofounder Bill Gates is the richest man in the world. Gates has exactly the kind of real-estate portfolio you would expect from a billionaire, from a Washington mansion worth ...and more »
  
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• CFPB: 26 million consumers are ‘credit invisible’

  05-05-2015 21:00
  
  The Consumer Financial Protection Bureau found that 26 million Americans are “credit invisible,” meaning they do not have any credit history with a nationwide consumer reporting agency. Here's why they say this is a problem.
  
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• CFPB: 26 million consumer are ‘credit invisible’

  05-05-2015 21:00
  
  The Consumer Financial Protection Bureau has found that 26 million Americans are “credit invisible” meaning they do not have any credit history with a nationwide consumer reporting agency. Here's why they say it's a problem.
  
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• Real estate firm wants to buy Ameristar parent company - nwitimes.com

  05-05-2015 20:54
  nwitimes.com
  Real estate firm wants to buy Ameristar parent company
  nwitimes.com
  Ameristar Casino and the union for about 200 employees still remain at odds after more than two years of contract negotiations. Read more · Union employees at Ameristar Casino call for boycott as negotiations continue. EAST CHICAGO | Bundled-up union ...
  Pinnacle Entertainment in talks to sell real estate assetsBelleville News-Democrat
  Pinnacle Confirms Talks to Sell Real Estate Assets to Gaming and Lei
  
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• Real Estate: What is Ginnie Mae? - seattlepi.com (blog)

  05-05-2015 19:51
  
  seattlepi.com (blog)
  Real Estate: What is Ginnie Mae?
  seattlepi.com (blog)
  Quick Definition: The Government National Mortgage Association, or "Ginnie Mae," is a government agency supervised by HUD. A primary function of GNMA is to promote investment by guaranteeing the payment of principal and interest on FHA and VA ...
  Next Real Estate Recession in the Making?RealtyBizNewsall 3 news articles »
  
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• Lifestyle real estate brokerage — that's a thing? - Inman.com

  05-05-2015 19:41
  
  Lifestyle real estate brokerage — that's a thing?
  Inman.com
  Just when I think I've heard it all as a former real estate broker at Marcus & Millichap in the 1990s, here comes the trendsetters (thanks to HGTV, no less), with a new kind of real estate brokerage that appeals to homebuyers who feel the need to be ...
  
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• Today's Water-Logged And Getting Wetter Stock: Alexandria Real Estate ... - TheStreet.com

  05-05-2015 19:35
  
  TheStreet.com
  Today's Water-Logged And Getting Wetter Stock: Alexandria Real Estate ...
  TheStreet.com
  Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer. Trade-Ideas LLC identified Alexandria Real Estate Equities ( ARE) as a ...and more »
  
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• In the world of real estate, Pacquiao beats Mayweather - HousingWire

  05-05-2015 19:34
  
  HousingWire
  In the world of real estate, Pacquiao beats Mayweather
  HousingWire
  Both Floyd Mayweather Jr. and Manny Pacquiao might be legends in the boxing ring, but their forays into the housing market another story. The two finally went up against each other in the much anticipated fight at the MGM Grand Garden Arena on May 2, ...and more »
  
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• Nationstar’s surprise 1Q loss pulls down nonbank servicers

  05-05-2015 19:33
  
  All the major nonbank mortgage servicers were bleeding in trading through early afternoon, after Nationstar Mortgage Holdings reported its first-quarter surprise loss. Here's where the red ink is spilling.
  
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• Berkadia named among top commercial real-estate firms in Alabama for 2014 - AL.com

  05-05-2015 19:23
  
  AL.com
  Berkadia named among top commercial real-estate firms in Alabama for 2014
  AL.com
  BER01 Power Brokers CROP.jpg Berkadia brokers named among top brokers in Alabama (L-R): David Etchison, David Oakley and Royce Emerson. (Submitted photo). Berkadia LLC, a national commercial real-estate firm, was recently picked by industry ...
  
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• San Francisco leads the nation in property bidding wars

  05-05-2015 19:10
  
  One city in California remains an anomaly in the housing market. As the majority of buyer and seller markets in the nation appear to be returning to healthier competition levels, San Francisco is nowhere near normalized.
  
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• Real Estate Profile: Delridge neighborhood homes - seattlepi.com

  05-05-2015 18:59
  
  Real Estate Profile: Delridge neighborhood homes
  seattlepi.com
  Delridge is a diverse area in West Seattle that comprises 11 different neighborhoods. For 2,000 years, the Duwamish Tribe called the area home. Europeans arrived in the 1850s, and by that time many Duwamish tribal members had already succumed to ...
  
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• Newark's new wave of development is in focus at Rutgers real estate conference - NJBIZ

  05-05-2015 18:28
  
  Newark's new wave of development is in focus at Rutgers real estate conference
  NJBIZ
  From left, Bob Sommer, CEO, Awsom Associates, chats with Jamie Fox, commissioner, N.J. Department of Transportation, during Rutgers Business School Center for Real Estate's New Urbanism Conference at Hilton Short Hills on May 1. - (Photo / AARON ...
  
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• The Pitch: Dallas' HipPocket launches real estate private social network at ... - Dallas Business Journal (blog)

  05-05-2015 18:10
  
  Dallas Business Journal (blog)
  The Pitch: Dallas' HipPocket launches real estate private social network at ...
  Dallas Business Journal (blog)
  HipPocket derived its name from the real estate term "hip pocket listing," or a listing that is never put on the MLS. Danielle Abril: Staff Writer- Dallas Business Journal: Email | LinkedIn | Twitter | Google+. A Dallas startup today officially ...
  
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• Hiring a Realtor vs. For Sale by Owner - Fox Business

  05-05-2015 18:05
  
  Fox Business
  Hiring a Realtor vs. For Sale by Owner
  Fox Business
  With the recent appreciation in home prices, this spring might be a good time to sell your home. But which is the smarter way to do it, hire a real estate agent or list it yourself? With sites such as Zillow and Trulia available on demand, the for-sale ...
  
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• In the world of real estate, Pacquiao beats Mayweather

  05-05-2015 17:49
  
  Both Floyd Mayweather Jr. and Manny Pacquiao might be legends in the boxing ring, but their fight in the housing market doesn’t tell the same story.
  
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• Real estate firm: Improvisation crucial to business - Florida Today

  05-05-2015 17:04
  
  Real estate firm: Improvisation crucial to business
  Florida Today
  Business name: Real Estate Ink. Owner: Lisa Herendeen. Phone: 321-863-4424. Address: 233 E. New Haven Ave, Melbourne. Hours: 9 a.m.-6 p.m. weekdays; weekends by appointment. Website: realestateinksolutions.com. Describe your business: Real ...
  
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• Freddie Mac CEO: Ready for legislative solution

  05-05-2015 17:00
  
  While much is made of Corker-Warner, Johnson-Crapo and other attempts to finally return the GSEs to the private market, less attention is given to the disruption such lawmaking may have on the internal, day-to-day operations at the housing behemoths.
  
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• A Small Real Estate Fund Steps Up - Kiplinger Personal Finance

  05-05-2015 16:02
  
  Barron's
  A Small Real Estate Fund Steps Up
  Kiplinger Personal Finance
  The managers of Phocas Real Estate buy property companies that should do well even in a declining market. By Miriam CrossSee my bio, plus links to all my recent stories., From Kiplinger's Personal Finance, June 2015 ...
  Why Real Estate Should Be in Your PortfolioBarron's
  Agellan Commercial Real Estate Investment Trust Releases First Quarter 2015 ...Business Wire (press release)
  Real Estate Has Strong Q1ThinkAdvisor
  T
  
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• BGC Partners Buys Real Estate Consulting Firm - New York Times

  05-05-2015 14:46
  BGC Partners Buys Real Estate Consulting Firm
  New York Times
  In a move to bolster its real estate arm, the brokerage firm BGC Partners has struck another takeover. The firm announced on Tuesday that it had purchased Computerized Facility Integration, a consulting and technology service provider that helps real ...
  BGC Partners acquires real estate consulting firm CFIReutersall 6 news articles »
  
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• Interthinx: Mortgage fraud risk rose in 4Q14

  05-05-2015 14:17
  
  Like politics, mortgage fraud is local, and the risk varies from location to location because ultimately, mortgage fraud is a crime of opportunity. Here's where the real risk is.
  
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• Freddie Mac reports profit of $524M in first quarter

  05-05-2015 13:25
  
  Freddie Mac reported net income of $524 million for the first quarter of 2015, compared to $227 million for the fourth quarter of 2014. The solid quarter is the 14th in the black for the government sponsored enterprise. Here's how it broke down.
  
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• Nationstar Holdings posts $48.3M loss in first quarter

  05-05-2015 13:12
  
  Nationstar Mortgage Holdings reported a first quarter loss of $48.3 million, after reporting a profit in the same period a year earlier. Here's what pulled down the Texas-based servicer to a performance well below expectations.
  
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• CoreLogic: Homes prices rose in March up 5.9% annually

  05-05-2015 13:00
  
  Home prices nationwide, including distressed sales, increased by 5.9% in March 2015 compared with March 2014, according to the latest home price index from CoreLogic. Here's what happened to boost price tags.
  
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• 4 ways to grow your real estate marketing content — and business - Inman.com

  05-05-2015 10:06
  
  4 ways to grow your real estate marketing content — and business
  Inman.com
  You can't open a trade publication these days without seeing an article urging real estate professionals to generate content in order to build their brand and get more business. It makes sense — who buys and sells houses? People. What do people like?
  
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• Fremont: Man, 74, stole $500000 through fake real estate investments, police say - Contra Costa Times

  05-05-2015 05:25
  
  Fremont: Man, 74, stole $500000 through fake real estate investments, police say
  Contra Costa Times
  FREMONT -- Police arrested a 74-year-old real estate agent last week on suspicion of elder financial abuse and grand theft, saying he had taken at least $500,000 from about 20 victims. Fremont resident Jeremiah Bishop advertised himself to potential ...and more »
  
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• Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging ... - Federal Bureau of Investigation (press release) (blog)

  05-05-2015 01:09
  Northern California Real Estate Investor Agrees to Plead Guilty to Bid Rigging ...
  Federal Bureau of Investigation (press release) (blog)
  A Northern California real estate investor has agreed to plead guilty for his role in conspiracies to rig bids at public real estate foreclosure auctions in Northern California, the Department of Justice announced. Felony charges were filed today in ...and more »
  
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• PRMG adds Phil Gouskos as regional manager

  05-05-2015 00:07
  
  In this new role, Gouskos will be responsible for originations in the company’s three business channels, residential lending, retail lending and wholesale lending.
  
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