Real estate news

• EXCLUSIVE: Bob Hosch responds to allegations about Butler & Hosch

  15-07-2015 23:50
  
  In the two months since mortgage banking industry law firm Butler & Hosch suddenly shut down, serious allegations have begun to surface about what led to the abrupt collapse of the firm. Now, for the first time, the firm's managing partner and CEO, Bob Hosch, is speaking out about the allegations levied against him and the firm that carried his name for more than 30 years.
  
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• EXCLUSIVE: Bob Hosch responds to allegations about abrupt closure of Butler & Hosch

  15-07-2015 23:50
  
  In the two months since mortgage banking industry law firm Butler & Hosch suddenly shut down, serious allegations have begun to surface about what led to the abrupt collapse of the firm. Now, for the first time, the firm's managing partner and CEO, Bob Hosch, is speaking out about the allegations levied against him and the firm that carried his name for more than 30 years.
  
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• Real estate is booming in major cities across America - Business Insider - Business Insider

  15-07-2015 23:24
  Business Insider
  Real estate is booming in major cities across America - Business Insider
  Business Insider
  comic-con star wars secret fan concert fireworks Jesse Grant/GettyFollowing the 'Star Wars' Hall H presentation at Comic-Con International 2015 at the San Diego Convention Center in San Diego, Calif., the audience of more than 6000 fans enjoyed a ...and more »
  
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• Polsinelli's Gelt tapped to grow real estate division at Akerman law firm ... - Denver Business Journal (blog)

  15-07-2015 23:22
  
  Polsinelli's Gelt tapped to grow real estate division at Akerman law firm ...
  Denver Business Journal (blog)
  Longtime Denver attorney Howard B. Gelt, who specializes in real estate and business corporate law, has been tapped to help lead a growing real estate division in the Denver office of Florida-based law firm Akerman LLP. Gelt, who had been at Polsinelli ...
  
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• ​Activist firm prods Macy's to spin off its real estate - CBS News - CBS News

  15-07-2015 23:19
  
  CBS News
  ​Activist firm prods Macy's to spin off its real estate - CBS News
  CBS News
  NEW YORK - Activist investment firm Starboard Value says retailer Macy's (M) could boost its share price by spinning off its real estate into a separate company or forming a joint venture, saying the shares are worth almost double their current price.
  Starboard Value Wants Macy's to Sell Its Real Estate (NYSE: M) - 24/7 Wall St.24/7 Wall St.all 88 news articles »
  
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• Real estate agents expect strong second half - StamfordAdvocate - The Advocate

  15-07-2015 22:48
  
  The Advocate
  Real estate agents expect strong second half - StamfordAdvocate
  The Advocate
  In mid-May, a Sotheby's International Realty-listed house at 295 Woodbine Rd. in North Stamford sold for $990,000, amid a broader pickup of activity in the Fairfield County residential real estate market. Photo: Contributed Photo. Buy this photo. In ...and more »
  
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• Wampold on River District: 'I'm in the real estate business. That's some good ... - Greater Baton Rouge Business Report

  15-07-2015 22:19
  
  Wampold on River District: 'I'm in the real estate business. That's some good ...
  Greater Baton Rouge Business Report
  What's next for the proposed River District mixed-use development on Nicholson Drive now that creditors are reportedly trying to seize the 40-acre property from developer Lafayette businessman Mike Moreno? It's too soon to say, according to architect ...and more »
  
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• Real estate boom not over, Blackstone expert says at Delivering Alpha - CNBC

  15-07-2015 22:02
  
  CNBC
  Real estate boom not over, Blackstone expert says at Delivering Alpha
  CNBC
  U.S. commercial real estate is the midst of a big foreign investment boom that is likely to continue, according to one prominent expert. China is leading the boom, but money also is coming from Canada, Norway, the Middle East and elsewhere, Jonathan ...
  Blackstone's Jonathan Gray Sees Room to Run For Real Estate - MoneyBeat ...Wall Street Journal (blog)all 4 news articles »
  
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• Fitch: Fannie, Freddie risk-sharing deals will become more common

  15-07-2015 21:56
  
  With investor response to the credit risk-sharing deals from Fannie Mae and Freddie Mac continuing to be positive, look for GSE risk-sharing deals to become more common in the future, Fitch Ratings said in a new report.
  
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• Beige Book: Housing continues positive trend

  15-07-2015 21:36
  
  All 12 Federal Reserve Districts continued to record that economic activity expanded from mid-May through June, with positive reports on the residential real estate market. Here’s how the 12 districts fared.
  
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• Hampden County real estate market heats up | masslive.com - MassLive.com

  15-07-2015 20:50
  
  wwlp.com
  Hampden County real estate market heats up | masslive.com
  MassLive.com
  SPRINGFIELD — The total amount of money spent on Hampden County real estate – homes, land, business and commercial property and condominiums – rose 14 percent in the fiscal year that ended June 30 to $1.32 billion. Hampden County Register of ...
  Register of Deeds issues real estate report for Hampden Cty. | WWLP.comwwlp.comall 3 news articles »
  
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• This 1 graphic shows how newly constructed homes have changed in just 20 years

  15-07-2015 20:41
  
  Twenty years makes quite a difference, and even more than one can imagine in the housing marketplace. Want to know what the American home looks like today compared to when Tonya Harding was still considered a contender?
  
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• Stonegate Mortgage names Scott Houp as SVP

  15-07-2015 20:30
  
  Stonegate Mortgage named Scott Houp as senior vice president and third-party origination eastern division manager, where he will support third-party origination regional sales teams.
  
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• MBA supports, suggests mods to HUD loan-level certifications

  15-07-2015 20:14
  
  The goal of this revision to the certification is to clarify the scope of liability associated with errors that can occur in the origination of Federal Housing Administration-insured mortgages, and to foster a strong culture of quality control in the program. MBA says it's a good revision, and suggests some tweaks.
  
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• NYC Real Estate Tech Platforms Raise $62M in First Half of 2015 | Commercial ... - Commercial Observer

  15-07-2015 20:12
  
  NYC Real Estate Tech Platforms Raise $62M in First Half of 2015 | Commercial ...
  Commercial Observer
  With more real estate platforms for management, building data and the marketplace coming online, New York City's Silicon Alley is getting a big boost in the arm. Real estate and technology are becoming more intertwined in how the all facets of the ...
  
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• Real Estate Spinoffs, Monetization and High-Yield Investments | Finance ... - National Real Estate Investor

  15-07-2015 18:39
  
  National Real Estate Investor
  Real Estate Spinoffs, Monetization and High-Yield Investments | Finance ...
  National Real Estate Investor
  Some of the most active areas in real estate today are being driven by operating companies and investors eager to monetize the value trapped in their real estate holdings. Both can benefit via such methods as non-recourse financing, sale-leaseback ...and more »
  
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• HomeUnion expands into California

  15-07-2015 18:36
  
  HomeUnion, an online real-estate investment management firm, announced that it has added Southern California to its list of active investment markets due to a lot of strong interest from Asia-based investors who are seeking growth and a haven for capital.
  
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• Townhome development in Charlotte's SouthPark using real estate ... - Charlotte Business Journal (blog)

  15-07-2015 18:35
  
  Townhome development in Charlotte's SouthPark using real estate ...
  Charlotte Business Journal (blog)
  A Charlotte developer is using real estate crowdfunding to raise capital for a new 27-unit townhome development in SouthPark. Saratoga Asset Management, headed by Ray Wetherington, is planning to build the project on a 2.6-acre site at the southwest ...
  
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• Senate Banking puts CFPB and Cordray in the crosshairs

  15-07-2015 18:15
  
  The director of the Consumer Financial Protection Bureau appeared before the Senate Banking Committee on Wednesday for his twice-a-year legislative grilling, where lawmakers raised ongoing concerns about the bureau’s massive data collection, its management, its lack of oversight and its overspending. But there's more...
  
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• New Birmingham firm retail360 promises wide range of real-estate services | AL ... - AL.com

  15-07-2015 18:03
  
  AL.com
  New Birmingham firm retail360 promises wide range of real-estate services | AL ...
  AL.com
  A new firm called retail360, billing itself as Birmingham's first full-service retail real-estate research, site selection, marketing and consulting firm, opened for business on July 1 and, according to a company principal, may be the only company of ...
  
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• Chinese Arms Dealer Stuck in Real-Estate Quagmire - WSJ - Wall Street Journal

  15-07-2015 17:39
  
  Wall Street Journal
  Chinese Arms Dealer Stuck in Real-Estate Quagmire - WSJ
  Wall Street Journal
  YUYAO, China— Shen Yuan is taking on one of China's biggest arms dealers—over a school. The 33-year-old saleswoman paid 1.89 million yuan (US$304,200) for her three-bedroom apartment last year, believing its developer would build an international ...and more »
  
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• Miami's luxury condos like Porsche Design Tower causing "real estate apartheid ... - CBS News

  15-07-2015 17:28
  
  CBS News
  Miami's luxury condos like Porsche Design Tower causing "real estate apartheid ...
  CBS News
  America's housing market is soaring, and one Florida property is adding flash and bling to a beachside skyline. High above the Miami suburb of Sunny Isles Beach, buying a Porsche is taking on new meaning, CBS News' Vicente Arenas reports. When Juan ...
  
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• Fed Chair: Interest rate hike still on table for 2015

  15-07-2015 17:28
  
  Federal Reserve Chair Janet Yellen told the House Financial Services Committee Wednesday that the Fed will look at raising interest rates in 2015 if and as the labor market improves and inflation hits medium-range goals.
  
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• Florida still ranks high in mortgage complaints

  15-07-2015 17:16
  
  Florida ranks as one of the states with the most mortgage complaints. And it’s also the biggest state compared to the others at the top of the list.
  
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• LRES revenue surges 58% in first half of 2015

  15-07-2015 17:00
  
  LRES experienced 58% revenue increase in the first half of 2015, mostly due to its recent acquisition of formerly Tulsa, Okla.-based Lenders Choice, a residential real estate appraisal management company.
  
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• Bank of Canada Cut Fans Real Estate Flames - Bloomberg Business - Bloomberg

  15-07-2015 16:38
  Financial Post
  Bank of Canada Cut Fans Real Estate Flames - Bloomberg Business
  Bloomberg
  The Bank of Canada just added more fuel to the country's already blistering housing market. The central bank reduced its overnight lending rate to 0.5 percent from 0.75 percent, saying the economy contracted modestly in the first half of the year amid ...
  Bank of Canada rate cut further fans real estate flames amid industry warning ...Financial Post
  Hamilton's housing market helps buoy national real
  
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• Real Estate in Morocco - The New York Times - New York Times

  15-07-2015 15:29
  New York Times
  Real Estate in Morocco - The New York Times
  New York Times
  A SEVEN-BEDROOM VILLA OUTSIDE MARRAKESH. $2.3 MILLION (1,475,000 BRITISH POUNDS). This seven-bedroom seven-bath villa is in Palmeraie, a wealthy suburb of Marrakesh with deluxe hotels and golf courses. Homes in the area, about a ...
  
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• VTS Raises $21M To Bring Big Data To Commercial Real Estate | TechCrunch - TechCrunch

  15-07-2015 15:13
  
  TechCrunch
  VTS Raises $21M To Bring Big Data To Commercial Real Estate | TechCrunch
  TechCrunch
  VTS, a commercial real estate management platform previously known as View The Space, has raised $21 million in new funding to help real estate owners, brokers and investors leverage data to make better decisions. OpenView Venture Partners led the ...
  VTS Real Estate | Real Estate Tech NYC | OpenView - The Real DealThe Real Deal Magazine (blog)all 2 news articles »
  
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• Fed Report Flags Rapidly Rising Prices for Commercial Real Estate - WSJ - Wall Street Journal

  15-07-2015 14:49
  
  Fed Report Flags Rapidly Rising Prices for Commercial Real Estate - WSJ
  Wall Street Journal
  WASHINGTON—The Federal Reserve on Wednesday highlighted rapidly rising commercial real-estate prices as an area of concern amid broadly moderating risks to U.S. financial stability. “Valuation pressures in commercial real estate are rising as ...and more »
  
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• Bank of America 2Q net income soars to $5.3 billion

  15-07-2015 13:14
  
  Bank of America recorded a second-quarter net income of $5.3 billion — more than double that of last year — driven by solid core loan growth, higher mortgage originations and the lowest expenses since 2008.
  
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• MBA: Mortgage applications drop 1.9%

  15-07-2015 13:00
  
  Mortgage applications dropped 1.9% after a slight rise last week, while the refinance share of mortgage activity ticked up to 50.8% of total applications.
  
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• Darden spinoff of real estate could change bottom line, not brand - Orlando ... - Orlando Sentinel

  15-07-2015 01:01
  
  Orlando Sentinel
  Darden spinoff of real estate could change bottom line, not brand - Orlando ...
  Orlando Sentinel
  Olive Garden: Founded in 1982 by a unit of General Mills Inc. General Mills spun off its restaurant holdings as Darden Restaurants in 1995. Olive Garden: Founded in 1982 by a unit of General Mills Inc. General Mills spun off its restaurant holdings as ...and more »
  
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• BOK Financial Mortgage adds Rhonda DeLuca as underwriting manager

  15-07-2015 00:10
  
  In this role, DeLuca is tasked with growing the correspondent channel’s non-delegated lender platform, managing the mortgage credit risk for correspondent lending and managing all underwriting personnel, functions and resources.
  
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• What First-Time Buyers Are Willing to Sacrifice

  15-07-2015 00:00
  A new survey reveals that some first-timers are willing to forego modern conveniences—even giving up phones, Internet, and Starbucks...
  
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• Obtaining Referrals From Non-Clients

  15-07-2015 00:00
  A new report shows that concentrating solely on past customers might not be the best way to generate referrals. Learn how to expand your pool of...
  
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• More Owners Fall Into an Equity Sweet Spot

  15-07-2015 00:00
  With levels set to return to their peak by the end of this year or mid-2016, home owners will have more options.
  
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• Loan Demand Remains Volatile

  15-07-2015 00:00
  Though mortgage rates remained low, applications to purchase a home plunged this week. 
  
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• Investors Show Slight Favor to Flipping

  15-07-2015 00:00
  Property flipping continues to inch out a hold-to-rent strategy among investors who bid on properties at auctions, a new survey shows. 
  
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• 10 Cities Where Home Owners Love Pools Most

  15-07-2015 00:00
  Is your listing keeping up with the competition? Find out where pools are practically a must-have amenity.
  
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