Real Estate Agent Tools
My girlfriend cosigned my mortgage. I paid the mortgage for 4 years, plus a $125,000 down payment. She paid the utilities. Now she wants half
Source: Market Watch --- Four years ago, I was downsizing and building a home while I still had a hefty mortgage on my first home. I couldn’t secure the loan on my own until the other house was sold. I applied for the mortgage with my girlfriend. I had a down payment...
How Reverse Mortgages Could Become a Vehicle for Real Estate Investment
Source: Reverse Mortgage Daily --- In spite of the reputational difficulties faced by the reverse mortgage product and the professionals in the business, the fact that the housing market is performing as generally well as it has been may end up leading real estate...
Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion
Philadelphia-based Hersha will no longer be listed on any public securities exchange after the closing of the transaction. Continue Reading Hersha Hospitality Trust is Acquired by KSL Capital Partners for $1.4 Billion
Guild Mortgage Acquires First Centennial Mortgage
San Diego-headquartered Guild Mortgage (NYSE: GHLD) has acquired First Centennial Mortgage, an Illinois-based privately held residential mortgage lender focused on the Midwest markets. First Centennial Mortgage was founded by brothers Steven and David McCormick in...
Bayview Asset Management Creates Insurance Asset Management Division
The new division will be led by Chief Investment Officer Nancy Mueller Handal, who previously served as the head of private fixed income and alternatives at MetLife. Continue Reading Bayview Asset Management Creates Insurance Asset Management Division
Two Agricultural and Rural Lenders Announce Merger
“This merger makes us a better partner for our customers,” said Curt Hudnutt, CEO of American AgCredit, who will lead the merged entity. Continue Reading Two Agricultural and Rural Lenders Announce Merger
Hits and Misses for the Real Estate Week of Aug. 21-25
A seriously wrong news story about Mar-a-Lago and a seriously Wright timepiece celebrating a master architect highlight this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Aug. 21-25
Fed Chairman Powell: ‘We Are Prepared to Raise Rates Further If Appropriate’
Powell insisted that the 2% goal “is and will remain our inflation target,” but he admitted achieving this result will not be easy. Continue Reading Fed Chairman Powell: ‘We Are Prepared to Raise Rates Further If Appropriate’
Andrew Strickman Joins New American Funding as Chief Marketing Officer
Earlier in his career, he was senior vice president, head of brand and chief creative officer at Realtor.com. Continue Reading Andrew Strickman Joins New American Funding as Chief Marketing Officer
Zillow Home Loans Debuts 1% Down Payment Program
The program is initially being offered on properties located in Arizona, with plans to expand to additional markets. Continue Reading Zillow Home Loans Debuts 1% Down Payment Program
Merredith Treaster Named SVP Northern California at EQ Office
The company’s Northern California portfolio totaling 1.4 million across the Bay Area. Continue Reading Merredith Treaster Named SVP Northern California at EQ Office
KBRA-Rated CMBS Hits 4.16% Delinquency Rate
The office sector continued to have the highest exposure, accounting for 41.4% ($762.3 million) of the newly specially serviced and newly delinquent loans. Continue Reading KBRA-Rated CMBS Hits 4.16% Delinquency Rate
