Heritage Bank of Commerce, a San Jose-headquartered subsidiary of Heritage Commerce Corp. (NASDAQ: HTBK), has appointed Susan Just as executive vice president and chief credit officer, effective Sept. 7. She will replace Margo Butsch, who recently announced her...
The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) has allocated $2 million in additional funds for its pilot HomeBoost down payment assistance program designed to expand minority homeownership. HomeBoost was announced by the bank in early July with an...
Foreign buyers purchased $53.3 billion worth of U.S. existing homes during the period from April 2022 through March 2023, according to new data from the National Association of Realtors (NAR). This represented a 9.6% decline from the 12-month period one year earlier....
A total of $480.1 billion in new mortgages were originated in 2022 for apartment buildings with five or more units, according to new data from the Mortgage Bankers Association. This represents a 1% year-over-year decline. Last year’s total was generated by 2,242...
While Elon Musk has a history of playing by his own rules, the San Francisco Department of Building Inspection has forced him to abide by municipal real estate codes. According to an Associated Press report, the brightly flashing “X” sign that Musk erected last Friday...
Sentral, a Los Angeles-headquartered residential hospitality company, promoted Lisa Yeh to president, effective today. Yeh will oversee Sentral’s day-to-day operations, in addition to her current responsibilities as chief operating officer. She replaces Jon...
