Trez Capital, a nonbank commercial real estate investor and financier, has hired John L. Creswell as executive managing director and global head of capital raising. Creswell will be located in the company’s Chicago office and lead its Toronto-based capital raising...
LendSure Mortgage Corp., a San Diego-headquartered non-QM wholesale lender, announced the launch of their new Profit & Loss (P&L) Loan Program. According to the company, the P&L Loan Program is designed for business owners and self-employed investors with...
A majority of Americans believe that a housing market crash could happen in 2024, and more than one-third of them want it to happen. According to a survey of 2,000 American adults by LendingTree (NASDAQ:TREE), 44% of respondents think the housing market is at risk of...
Two leading housing data reported affirmed a continued increase in home prices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.9% annual change in September, up from a 2.5% change in the previous month. The 10-City Composite showed...
A Phil Hall Op-Ed: Several states have already passed laws or are planning to enact new mandates that would prohibit the sale of new gas-powered vehicles by 2035 as a means of saving the planet from being destroyed by climate change. “Our cars shouldn’t...
Michael V. Shustek, CEO of Las Vegas-based Vestin Mortgage LLC, has announced the resolution of a civil case brought against him and his company by the U.S. Securities and Exchange Commission (SEC) in 2021. The SEC accused Shustek and Vestin Mortgage of defrauding...
