Real estate news

• Denia Graham named COO of National Real Estate Solutions - HousingWire

  14-03-2017 23:47
  
  HousingWire
  Denia Graham named COO of National Real Estate Solutions
  HousingWire
  Denia Graham has been named by National Real Estate Solutions as its new chief operating officer. As COO, Graham will take control of operations within NRES, ensuring proper policy and procedures are followed. Graham will also oversee vendor ...
  
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• Fannie Mae to sell $1.65 billion in re-performing loans

  14-03-2017 23:18
  
  Fannie Mae's sale $1.68 billion in non-performing loans to private equity funds, one of which is a subsidiary of Goldman Sachs, wasn't the only loan sale the government-sponsored enterprise announced on Tuesday.The GSE also announced its second sale of re-performing loans, which will be much larger that its first such sale.
  
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• Denia Graham named COO of National Real Estate Solutions

  14-03-2017 23:08
  
  As COO, Graham will oversee operations, vendor management, recruiting and training, FHA/HUD conveyance and client management for National Real Estate Solutions.
  
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• Santa Ana offering $40,000 in down payment assistance for first-time buyers

  14-03-2017 22:41
  
  A California city that ranks among the most expensive housing markets in the nation is trying something unique to help its residents afford their first home. The city of Santa Ana is now offering interest-free down payment assistance loans to first-time homebuyers. Here are the details.
  
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• Couple starts real estate team from the ground up - Fox17

  14-03-2017 22:41
  
  Fox17
  Couple starts real estate team from the ground up
  Fox17
  CEDAR SPRINGS, MICH. -- For Laura and Patrick Ensley, the key to success is defined by hard work and patience. The couple started flipping homes at age 20. Patrick has a background in custom home building, which he has done for the past 30 years.
  
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• Realvision, Minneapolis real estate technology start-up, raises $1.3 million - Minneapolis Star Tribune

  14-03-2017 22:02
  
  Minneapolis Star Tribune
  Realvision, Minneapolis real estate technology start-up, raises $1.3 million
  Minneapolis Star Tribune
  Matt Mead - Spacecrafting Real estate professionals try virtual reality tours technology at a Virtual Broker Open House event held at Spacecrafting's Minneapolis office in February. Text size. comment. share · tweet · email. Print. more. Share on ...
  Realvision Raises $1.3M in Seed Funding for Interactive Real Estate ListingsBusiness Wire (press release)
  V
  
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• First American: Real estate industry prepping for strong Spring homebuying season - HousingWire

  14-03-2017 21:34
  
  HousingWire
  First American: Real estate industry prepping for strong Spring homebuying season
  HousingWire
  The housing market is gearing up for a strong homebuying season this Spring, despite rising home prices, low inventory and the increasing chance of a rate hike. Confidence for volume growth over the next 12 months increased 0.4% from the fourth quarter ...
  Improved Real Estate Outlook Suggests Strong Spring Market, According to First American Real Estate Sentiment IndexBusiness Wire (press
  
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• Fannie Mae selling another $1.68 billion in NPLs to Goldman Sachs subsidiary, private equity

  14-03-2017 21:23
  
  In what is now a common occurrence, Fannie Mae announced Tuesday that it sold a large portfolio of non-performing loans to private equity funds, one of which is a subsidiary of Goldman Sachs. The sale, which was originally announced last month, consisted of 9,400 non-performing loans that carry an unpaid principal balance of $1.68 billion.
  
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• Borrowers Have Spoken: A Mix of Tech and Touch

  14-03-2017 21:10
  
  Mortgage borrowers are espousing the benefits of technology in the process of financing a home, but also recognize the need for—and value—face-to-face interactions with lenders, according to a new survey.
  Fifty-seven percent of homeowners in Ellie Mae’s 2017 Borrower Insights Survey completed their most recent mortgage in-person, while 28 percent completed theirs both in-person and online. Eleven percent completed theirs solely online.
  Forty percent of the homeowners surveyed w
  
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• Is Your Digital Brand Getting Noticed?

  14-03-2017 21:09
  
  NAR PULSE—Can you be doing more? Check out how “Show Us How You .REALTOR” contest winner, Anchor Brokerage, is using their .REALTOR web address to make the most of their digital presence and get inspired to get your own exclusive .REALTOR domain from the National Association of REALTORS®! Learn more.
  Don’t Let a Broken Pipe Wash Away Your SavingsBudgeting for potentially expensive home repairs is now easier than ever with an American Home Shield® home warranty pla
  
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• Innovative Concept Serves the Consumer

  14-03-2017 21:07
  
  Every day, in real estate offices across the country, agents working with buyers inevitably reach the point when it’s time to talk about financing the purchase.
  It’s good to have a trusted, reliable lending resource to point clients to.
  Many larger offices, of course, have affiliated mortgage services that provide a great option for agents and buyers alike. But constructing a transparent, compliant arrangement requires a lot of work and a scale of business generally beyond the reach
  
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• Taylor Swift Has a New Mansion to Shake (Shake, Shake, Shake, Shake) In

  14-03-2017 21:06
  
  Taylor Swift is one of the world’s richest celebrities, with estimated career earnings from her music, concerts, acting and endorsements approaching $800 million. What to do with all that money? Swift has invested much of it in real estate, with homes in New York, Rhode Island, Nashville, Tenn., and her most recent purchase of Samuel Goldwyn’s mansion in Beverly Hills. In recognition of Goldwyn’s historical contributions to the film industry, Swift is seeking landmark status fo
  
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• First American: Real estate industry prepping for strong Spring homebuying season

  14-03-2017 20:49
  
  The real estate industry is gearing up for one of the hottest spring home buying seasons in recent memory. Even rising interest rates, which are causing a strain on refinance activity, are not enough to discourage first-time homebuyers.
  
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• Real estate sale in Hastings is a 10 year high - The Journal News | LoHud.com

  14-03-2017 20:30
  
  The Journal News | LoHud.com
  Real estate sale in Hastings is a 10 year high
  The Journal News | LoHud.com
  Hastings-on-Hudson — The residential real estate market, in general, is showing positive signs. In Hastings, it's breaking records. Julia B. Fee Sotheby's International Realty announced that the firm achieved the highest sale in 10 years for ...
  
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• Connecticut real estate firm sells Broomfield apartment complex for $86 million - Denver Business Journal

  14-03-2017 20:04
  Denver Business Journal
  Connecticut real estate firm sells Broomfield apartment complex for $86 million
  Denver Business Journal
  Greenwich, Connecticut-based Starwood Capital Group has sold a Broomfield apartment complex that it acquired from billionaire real estate mogul Sam Zell early last year, according to public records. Summit Management Services Inc. purchased the ...and more »
  
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• Real estate in Brazil's biggest market to rebound in 2017 -industry - Reuters

  14-03-2017 20:02
  
  Real estate in Brazil's biggest market to rebound in 2017 -industry
  Reuters
  SAO PAULO, March 14 Real estate activity in the greater São Paulo area, Brazil's largest market, should rebound this year as interest rates fall and the government pushes through key economic reforms, a construction industry group said on Tuesday.and more »
  
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• Trump sends his real estate lawyer-turned-diplomat to meet Netanyahu, Abbas - Washington Post

  14-03-2017 19:28
  
  Washington Post
  Trump sends his real estate lawyer-turned-diplomat to meet Netanyahu, Abbas
  Washington Post
  JERUSALEM — Jason Greenblatt, the New York real estate lawyer appointed by President Trump as his special representative for international negotiations, sounded out Israeli and Palestinian leaders on prospects for Middle East peace, garnering ...and more »
  
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• Tampa real estate execs take the reins of Colliers International Florida - Tampa Bay Business Journal

  14-03-2017 18:56
  Tampa Bay Business Journal
  Tampa real estate execs take the reins of Colliers International Florida
  Tampa Bay Business Journal
  The move comes after all of the locally owned Colliers affiliates in Florida were purchased by the Colliers International Group. Subscribe to get the full story. Already a subscriber? Sign in. Subscribe to get the full story. Already a subscriber? Sign ...
  The Hoban brothers are quietly incubating new real estate technologies in EverettPuget Sound Business Journal (Seat
  
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• Walter Investment posts $529 million loss in 2016; CEO calls results 'unacceptable'

  14-03-2017 18:29
  
  Walter Investment Management Corp. announced Tuesday morning that it posted a loss in each quarter of 2016, finishing the year with a net loss of $22.2 million in the fourth quarter. That result pushed the company’s total net loss for the year to $529.2 million. Walter Investment CEO Anthony Renzi, who took over in September 2016, said that the company’s 2016 results are unacceptable.
  
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• Hey homebuyers! Need some extra luck this spring homebuying season?

  14-03-2017 18:10
  
  St Patrick’s Day ushers in the spring home-buying season as potential homeowners prepare for what is forecasted to be a strong, but extremely competitive, buying season. Future buyers could use all the extra luck they can get. Bruce Elliott, president of the Orlando Regional Realtor Association, shared tips on how buyers can make their own luck this busy spring-buying season.
  
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• Are you overestimating your home value?

  14-03-2017 18:10
  
  Many homeowners are overestimating the value of their home, with their estimates coming in above appraised values. And that gap grew even wider in February. However, this is much less true for homeowners on the west coast, where home prices are rising faster than homeowners can keep up with.
  
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• Christopher Whalen leaving Kroll Bond Rating Agency

  14-03-2017 17:20
  
  Kroll Bond Rating Agency announced Tuesday that Christopher Whalen, who served as senior managing director and head of research, is stepping down. Whalen, an investment banker, author, and frequent HousingWire contributor, joined KBRA in 2014. Here's a look at what Whalen plans to do next.
  
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• Movement Mortgage hires chief commercial officer

  14-03-2017 17:13
  
  “What drew me to Movement was the amazing culture that has been created here,” Donnelly said. “I look around and see an entrepreneurial and innovative spirit in teams of people working for something bigger than just themselves.”
  
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• Trump administration still claims Obama manipulated jobs data

  14-03-2017 16:19
  
  President Donald Trump continues to make claims about the unemployment rate, insisting that previous numbers were manipulated. However, after Friday’s strong employment report Trump insisted the numbers are real now. But the president isn’t the only one pointing fingers – his budget director also joined in saying he long-thought the Obama administration was changing the numbers.
  
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• In credit-strapped medical pot world, Illinois firms may tap real estate for cash - Chicago Tribune

  14-03-2017 15:26
  
  Chicago Tribune
  In credit-strapped medical pot world, Illinois firms may tap real estate for cash
  Chicago Tribune
  Leo Padilla trims, weights and packs medical marijuana plants Jan. 23, 2017, at PharmaCann's cultivation center in Dwight, Ill. (Zbigniew Bzdak / Chicago Tribune). Ally MarottiContact ReporterChicago Tribune. Medical cannabis company PharmaCann ...
  
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• Mortgage delinquency rates signal improving economy

  14-03-2017 14:47
  
  CoreLogic released a report reviewing the years before and during the foreclosure crisis, and compared them to the current state of the market. A look into the numbers shows the economy has much improved from its crisis years, however some economist still argue just how improved it really is.
  
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• Shhh! 5 Real Estate Tax Secrets the Rich Don't Want You to Know - Realtor.com News

  14-03-2017 12:22
  
  Realtor.com News
  Shhh! 5 Real Estate Tax Secrets the Rich Don't Want You to Know
  Realtor.com News
  Do you ever feel like the rich just keep getting richer? Well, allow us to let you in on a little secret: Part of the reason they keep on raking in dough is that they take advantage of real estate tax strategies that many ordinary homeowners have no ...and more »
  
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• Don't hate the player: How a former NBA star built a real estate fraud scheme around his basketball ties - The Real Deal Magazine

  14-03-2017 12:01
  
  Don't hate the player: How a former NBA star built a real estate fraud scheme around his basketball ties
  The Real Deal Magazine
  The shot that made Tate George was one of those moments that make you question the laws of time and space. It was March 21, 1990. The University of Connecticut was up against Clemson University in the Sweet 16 round of March Madness. Clemson was ...and more »
  
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• ATTOM Data Solutions partners with Clear Capital to add MLS info

  14-03-2017 12:00
  
  ATTOM Data Solutions teamed up with Clear Capital to add MLS info to its dataset, expanding its dataset to include more comprehensive and compliant coverage. ATTOM created a heat map to show its coverage extent of its property-coverage.
  
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• Norway's $900-billion wealth fund sees unlisted real estate losing some of its shine - Reuters

  14-03-2017 10:13
  
  One America News Network (press release)
  Norway's $900-billion wealth fund sees unlisted real estate losing some of its shine
  Reuters
  OSLO Norway's $900-billion sovereign wealth fund, the world's largest, said unlisted property investments may not remain as profitable in the future as they have been recently, it said on Tuesday. "Direct property yields are still significantly higher ...
  Norway's $900-bln wealth fund says real estate may lose some of its shineNasdaq
  Norway's $900 billion wealth
  
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• Will China Use Stamp Duty To Cool Down Real Estate Markets? - Barron's (blog)

  14-03-2017 09:22
  Will China Use Stamp Duty To Cool Down Real Estate Markets?
  Barron's (blog)
  China's real estate market remains vibrant this year even despite the government adopting various measures to prevent the industry from morphing into another bubble. Data released today showed that house sales grew at 25% in volume terms in January ...and more »
  
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• Alexander & Baldwin on track to make real estate investment trust ... - Pacific Business News (Honolulu)

  14-03-2017 09:08
  Pacific Business News (Honolulu)
  Alexander & Baldwin on track to make real estate investment trust ...
  Pacific Business News (Honolulu)
  Alexander & Baldwin Inc. (NYSE: ALEX) is on track to complete its evaluation on whether or not to become a real estate investment trust with a decision still ...and more »
  
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• Kushner Family Stands to Get $400 Million from a Chinese Firm in 'Unusually Favorable' Deal - TIME

  14-03-2017 09:03
  
  TIME
  Kushner Family Stands to Get $400 Million from a Chinese Firm in 'Unusually Favorable' Deal
  TIME
  A company owned by the family of Jared Kushner, U.S. President Donald Trump's son-in-law, stands to receive over $400 million from China's Anbang Insurance Group, that is investing in a Manhattan building owned by the Kushners, Bloomberg reported.
  Kushner family to make $400M from real estate deal with Chinese firm: reportThe Hill
  Is Jared Kushner Breaking the Law with $400M Real Estate Deal wi
  
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• China's Economy Has Strong Start In 2017, Boosted By Real Estate - Barron's (blog)

  14-03-2017 06:52
  Barron's (blog)
  China's Economy Has Strong Start In 2017, Boosted By Real Estate
  Barron's (blog)
  The Chinese economy is investing again in 2017, the latest data from the Statistics Bureau shows. Fixed asset investment in the first two months of the year grew 8.9% year-on-year, up from 8.1% in 2016 and 7.9% in the fourth quarter of last year.and more »
  
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• HSBC fulfills consumer relief obligation under National Mortgage Settlement

  14-03-2017 05:01
  
  After agreeing to a $601 million settlement nearly a year ago, HSBC is now officially finished with its consumer relief requirement, providing more than $371 million in consumer relief. Joseph Smith, monitor of the National Mortgage Settlement, said that this will be his final report on HSBC’s consumer relief obligation.
  
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• Real Estate – In Mind | Album Reviews | Consequence of Sound - Consequence of Sound (blog)

  14-03-2017 05:00
  
  Consequence of Sound (blog)
  Real Estate – In Mind | Album Reviews | Consequence of Sound
  Consequence of Sound (blog)
  The indie rock band continue to cruise beautifully in their own lane.and more »
  
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• What's the House Size? No One Is Really Sure

  14-03-2017 00:00
  No universal standard exists for calculating a home’s square footage, and that can breed a lot of confusion among buyers about what all is...
  
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• The Green Products Most Used by Builders

  14-03-2017 00:00
  Single-family builders are beefing up their use of green products and services. Find out which environmentally friendly products they’re...
  
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• Real Estate This Spring: The Early Bird Wins

  14-03-2017 00:00
  The housing market’s traditionally busiest time of year has sprung. Here’s what you should expect. 
  
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• Mortgage Mistakes That Jeopardize Closing

  14-03-2017 00:00
  Don’t let your buyers make a stupid financial mistake before closing. 
  
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• A Glance at Homeowners’ Equity by State

  14-03-2017 00:00
  How does your state's equity stack up? Take a look at this map to see the average year-over-year equity increase per borrower by state....
  
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