Real estate news

• SMU, Yale trimmed real estate before values cooled - Pensions & Investments

  01-07-2016 23:48
  SMU, Yale trimmed real estate before values cooled
  Pensions & Investments
  Large endowments including Southern Methodist University and Yale University reduced investments in real estate through the middle of last year before values cooled, a timely move that could help their performance. Southern Methodist's $1.5 billion ...
  
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• Nationstar launches MrCooper.com...or maybe not?

  01-07-2016 21:57
  
  It appears that the transformation is nearly complete. Nationstar Mortgage is now one step closer to officially becoming Mr. Cooper, as the company recently launched a flagship website for its new brand: MrCooper.com. The website provides a clearer picture of what Mr. Cooper is and what it means for Nationstar. Or at least it did...until the website disappeared after HousingWire reported on it.
  
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• Nationstar launches MrCooper.com...or do they?

  01-07-2016 21:57
  
  It appears that the transformation is nearly complete. Nationstar Mortgage is now one step closer to officially becoming Mr. Cooper, as the company recently launched a flagship website for its new brand: MrCooper.com. The website provides a clearer picture of what Mr. Cooper is and what it means for Nationstar. Or at least it did...until Nationstar took the website down after HousingWire reported on it.
  
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• Nationstar launches MrCooper.com as transformation moves forward

  01-07-2016 21:57
  It appears that the transformation is nearly complete. Nationstar Mortgage is now one step closer to officially becoming Mr. Cooper, as the company recently launched a flagship website for its new brand: MrCooper.com. The website provides a clearer picture of what Mr. Cooper is and what it means for Nationstar.
  
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• [Factsheet] Here's what potential homebuyers think when shopping for a mortgage

  01-07-2016 21:44
  
  Step one: People decide that they want to buy a home. Step two: And this is where you come in, they start shopping for a mortgage. It’s this period where brokers and lenders only have a very miniscule amount of time to lock in potential borrowers. This is what you need to know.
  
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• British Columbia Premier Wants to Re-Regulate Vancouver's Insane Real Estate Market - TheStranger.com

  01-07-2016 21:37
  
  TheStranger.com
  British Columbia Premier Wants to Re-Regulate Vancouver's Insane Real Estate Market
  TheStranger.com
  Her name is Christy Clark. She is the premier of British Columbia. She now wants to impose rules on the housing market because it has become clear to her, during an election season, that it can't regulate itself. You will not find a single market in ...
  
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• Real estate transactions: July 1, 2016 - Peoria Journal Star

  01-07-2016 21:32
  
  Real estate transactions: July 1, 2016
  Peoria Journal Star
  These transactions, recorded the week of June 20, are compiled from information on file with the respective counties. They represent sales of $78,000 or more. PEORIA COUNTY. 309 E. Frances Ave., Peoria, Sandra Voss to Sean M. Schaffer, $78,000.
  
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• Leading GSE reform authors linked to controversial Wall Street deal

  01-07-2016 21:31
  Who really benefited the most from the financial crisis? It may not have been Wall Street. An article from Yahoo Finance suggests these two Senators were the biggest benefactors from the crisis. And now they’re creating the next housing reform bill.
  
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• Will Brexit impact DC real estate? - Washington Blade

  01-07-2016 20:14
  
  Washington Blade
  Will Brexit impact DC real estate?
  Washington Blade
  The United Kingdom last week voted to leave the European Union after a national referendum. As most of us woke up in the D.C. area on Friday, many were shocked at the result, which many viewed to be a guarantee that the United Kingdom would remain in ...
  Real Estate & Market Report: July 01, 2016KHTS Radioall 6 news articles »
  
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• Charlotte real estate software company rolling out updates - Charlotte Business Journal

  01-07-2016 20:09
  Charlotte Business Journal
  Charlotte real estate software company rolling out updates
  Charlotte Business Journal
  A software to help investors manage their real estate projects in one place has begun rolling out its updates. Investor Management Services LLC, a portfolio company of QuietStream Financial, was recently recognized with an award at the inaugural ...
  In second quarter, real estate, gold shinePress Herald
  PIMCO Warns About Storm in Real Estate MarketFinancialbuzz.comall 6 news articles
  
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• Affordable housing is dominating headlines for this reason

  01-07-2016 20:00
  
  Let’s face it, the current administration fell woefully short in government-sponsored enterprise reform and, especially, in setting forth reachable goals in addressing the affordable housing crisis in this nation. So what’s so different about today? So many things.
  
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• Steve Wynn takes loss on sale of mansion in LA luxury market slowdown

  01-07-2016 19:47
  
  Many experts predict that California home sales may be slowing down, forcing sellers to lower the price on their luxury homes. And Wynn is no different, recently selling his home for a loss. Plus, he's not the only one feeling the pinch.
  
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• New York launches "first of its kind" program; will buy delinquent mortgages from FHA

  01-07-2016 19:22
  
  In what officials are calling a "first of its kind" program, the city of New York announced Thursday that it is plans to buy a number of delinquent loans from the Federal Housing Administration as part of an effort to keep struggling homeowners from losing their homes to foreclosure. Here are all the details.
  
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• Ex-real estate agent arrested for selling other people's vacant homes

  01-07-2016 18:40
  
  An ex-real estate agent sold a home that wasn’t his to sell to a couple and their five children, stealing over $5,000 from them. The family didn’t find out until they were locked out of their own home. Who would do such a thing? Allegedly, Matthew Boros did.
  
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• Real Estate Notebook: Miami investor buys SunTrust Center - Sun Sentinel

  01-07-2016 18:29
  
  Sun Sentinel
  Real Estate Notebook: Miami investor buys SunTrust Center
  Sun Sentinel
  Steelbridge Capital has acquired SunTrust Center, a 270,000-square-foot office complex in downtown Fort Lauderdale, for $86.5 million, property records show. Steelbridge bought the two-building property at 501 and 515 E. Las Olas Blvd. from SunTrust ...and more »
  
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• Freedom Mortgage finalizes acquisition of Chase's USDA origination business

  01-07-2016 18:07
  
  After four months from when it was first announced, Freedom Mortgage announced it finalized the acquisition of Chase’ USDA origination business. We can now welcome Freedom Rural Housing into the space.
  
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• It’s Official: Caliber Home Loans closes First Priority Financial acquisition

  01-07-2016 18:04
  
  A deal in the works since May now comes to a close. Caliber completed its acquisition of First Priority Financial and extended its footprint into the Western part of the U.S.
  
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• Louis Goetting partners with C&W to grow its health care real estate practice - NJBIZ

  01-07-2016 17:57
  
  NJBIZ
  Louis Goetting partners with C&W to grow its health care real estate practice
  NJBIZ
  Louis Goetting has teamed up with Cushman & Wakefield to manage its health care real estate services practice. - (CUSHMAN & WAKEFIELD). Louis Goetting, principal of NJ Advisors and former deputy chief of staff for Gov. Chris Christie, has teamed up ...
  Recent Central Jersey commercial real estate dealsMyCentralJersey.comall 2 news articles »
  
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• Moody: TRID violations won’t impact private mortgage bonds

  01-07-2016 17:19
  
  Despite a high number of TRID violations, a report from Moody’s Investors Service claims these will only lightly impact residential mortgage-backed securities. They lay out two reasons why.
  
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• 3 ways to help fix the appalling state of affordable housing

  01-07-2016 17:00
  
  The challenging problem of social inequality comes with more questions than answers: How do we ensure that everyone, regardless of status, has equal opportunities? Where do we begin Unfortunately, there’s no easy answer, but here is a good starting point: at home.
  
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• OCC: More people paying their mortgages on time

  01-07-2016 16:03
  
  The housing market seems to be improving as the percentage of homeowners who are current on their loans increased from last year. Consequentially, foreclosures are also down year-over year.
  
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• Family scammed by ex-real estate agent who climbed through window to sell vacant house that wasn't his, police say - cleveland.com

  01-07-2016 12:01
  
  cleveland.com
  Family scammed by ex-real estate agent who climbed through window to sell vacant house that wasn't his, police say
  cleveland.com
  Couple talks about being scammed by ex-real estate agent David Yost and Coty Houston talk about what happened when they were scammed out of $5,000 by a man police say pretended to be a real-estate agent. Print Email · Adam Ferrise, cleveland.com ...and more »
  
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• JLL Releases Global Real Estate Transparency Index - Commercial Property Executive

  01-07-2016 11:20
  
  Commercial Property Executive
  JLL Releases Global Real Estate Transparency Index
  Commercial Property Executive
  The latest report from JLL shows that real estate transparency has become a main focal point for investors. Share. Facebook · Twitter · Google+ · LinkedIn · Email. by Gail Kalinoski. Jeremy Kelly, JLL. Chicago—It's not a surprise that the top 10 most ...
  Dubai Real Estate Transparency ImprovedLive Trading News
  Thailand 38th in Global Real Estate Transp
  
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• SMU, Yale Trimmed Real Estate Investments Before Values Cooled - Bloomberg

  01-07-2016 11:17
  
  Bloomberg
  SMU, Yale Trimmed Real Estate Investments Before Values Cooled
  Bloomberg
  Large endowments including Southern Methodist University and Yale University reduced investments in real estate through the middle of last year before values cooled, a timely move that could help their performance. Southern Methodist's $1.5 billion ...and more »
  
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• 10 beach towns for real estate bargains - MarketWatch

  01-07-2016 06:04
  
  MarketWatch
  10 beach towns for real estate bargains
  MarketWatch
  Often, buying a home in a beach town is an expensive proposition, but in some spots there are bargains to be found. Real estate research firm RealtyTrac identified beach towns with fewer than 50,000 residents that had a high quality of life and then ...and more »
  
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• Waterstone Mortgage Corp. offers purchase loan expertise

  01-07-2016 06:01
  
  The company’s dedication to efficiency starts with the borrower. The entire process that customers have to go through with lenders has significant room for improvement and to address that, Waterstone Mortgage is investing in technology that automates redundant tasks in the back office.
  
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• Quiet crusade: The mother-daughter duo determined to improve affordable housing

  01-07-2016 06:01
  
  “When you want something done in Washington, you call Pam,” said David Stevens, the president of the Mortgage Bankers Association. “When Pam needs to get things right, she enlists her daughter Meghan. Together, they are a highly effective team that’s already challenging conventional thinking in our nation’s capital.”
  
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• Pacific Union Financial sees explosive growth

  01-07-2016 06:01
  
  With nearly 50 branches across the country, Pacific Union is expanding its footprint in the retail channel in the Northeast, Midwest and Southeast. The wholesale and correspondent channels are also vigorously building their sales teams to solicit and serve more business-to-business partners.
  
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• Mason-McDuffie Mortgage Corp. focuses on borrower experience

  01-07-2016 06:01
  
  Mason-McDuffie’s strategy puts an emphasis on listening closely to consumer needs and then developing solutions that address those specific pain points. The company, situated close to Silicon Valley, has sourced its technology infrastructure from outside the mortgage industry, using vendors that other tech firms use.
  
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• Manhattan apartment sales prices rising, real estate market reports say - amNY

  01-07-2016 06:01
  
  amNY
  Manhattan apartment sales prices rising, real estate market reports say
  amNY
  Sales prices are soaring for Manhattan apartments, driven mostly by activity in the luxury market, according to real estate market reports released on Thursday. The median sales price increased 18% from the second quarter in 2015 to the second quarter ...and more »
  
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• Managing litigation inside and out

  01-07-2016 06:01
  
  Managing internal communications and preventing employees from destroying privilege, which can happen simply by including individuals outside the company on communications that are privileged, is one of the most critical aspects of litigation management.
  
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• Five critical housing questions

  01-07-2016 06:01
  
  Comprehensive housing finance reform that gradually winds down Fannie and Freddie and replaces them with a new market structure backed by increased private capital is the best solution to strengthen America’s housing finance system and to protect taxpayers.
  
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• First Centennial Mortgage delivers spirited and unmatched service

  01-07-2016 06:01
  
  The company’s customer service success is demonstrated by its distinction of receiving a “complaint-free” award from the Better Business Bureau for Chicago and Northern Illinois for each of the last three years.
  
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• Citadel Servicing Corp. provides alternative lending products

  01-07-2016 06:01
  
  The company’s decision to allow self-employed borrowers to document their income in the form of bank statements is a game-changer, opening the door for the growing number of workers in the sharing economy or those who otherwise want to take advantage of tax breaks by writing off expenses.
  
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• Arch Mortgage Insurance Co. uses dynamic pricing to offer the best rates

  01-07-2016 06:01
  
  RateStar goes beyond the traditional mortgage insurance characteristics used to determine the cost of MI coverage, such as LTV and credit score. It takes into account other risk factors, such as a co-borrower or loan purpose, to match the loan to Arch MI’s most competitive rates, so originators may compete more effectively, qualify more borrowers and close more loans.
  
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• American Pacific Mortgage Corp. provides solutions-oriented results

  01-07-2016 06:01
  
  APM is focused on making its branch managers and originators look good by delivering the necessary support to protect consumers, operate compliantly, and win business in today’s competitive marketplace.
  
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• AmCap Mortgage provides self-service tools for borrowers

  01-07-2016 06:01
  
  The company’s hands-on process is part of its larger strategy to build a true partnership with consumers. To deliver the kind of experience borrowers are looking for, AmCap investigated a number of software solutions to determine the best fit for their process, and then invested time to really understand how to integrate them.
  
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• Fitch: Brexit to bring another tough round of earnings

  01-07-2016 01:55
  
  Remember this year's rough first-quarter earnings season thanks to historically low interest rates? Well, according to a new report from Fitch, the market might experience it all over again. This time Brexit is to blame. It's not bad for everyone though. Fitch pinpointed that this group will get hit the worst.
  
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• American Modern Insurance Group fined $1M for over-charging on force-placed insurance

  01-07-2016 00:10
  
  The state of Minnesota announced earlier this week that it is fining American Modern Insurance Group $1 million for over-charging Minnesota residents for force-placed insurance. American Modern Insurance Group will also be required to cut its insurance rates by 43% and provide refunds to the affected homeowners.
  
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• The Downside to Buying in a Gated Community

  01-07-2016 00:00
  The premium buyers will pay for a home in a gated community may be nearly offset by the cost of maintaining amenities, a new study shows.
  
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• Smaller Apartments Don't Mean Lower Rent

  01-07-2016 00:00
  New apartments are smaller than they were a decade ago — yet rents have jumped in the last five years. Will renters ever get a break?
  
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• Ohio Makes Move to Fast-Track Foreclosures

  01-07-2016 00:00
  "Ohio has now put itself ahead of the national curve in fighting community blight," says a spokesman for a Cleveland-based community...
  
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• NAR Pressures Senate Over Flood Insurance

  01-07-2016 00:00
  Up to 1 million property owners are facing escalating flood insurance costs, NAR official testifies to Congress, and something needs to be done to...
  
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• Mortgage Rates Hover Near All-Time Low

  01-07-2016 00:00
  Home buyers are finding a financing advantage, as the 30-year fixed-rate mortgage has nearly fallen to its November 2012 record low.
  
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• Keller Williams to Give $1.8M to W.V. Flood Victims

  01-07-2016 00:00
  A week after historic flooding left 26 people dead across West Virginia, Keller Williams Realty offices around the country are pitching in to help...
  
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