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Mortgage lending slumps in Q1

Seasonal factors at play in 66 per cent decline        

Citi Mortgage CEO Sanjiv Das Departs

NEW YORK (TheStreet) -- Citigroup said Sanjiv Das, CEO of Citi Mortgage, is leaving the bank to pursue other opportunities. According to an internal memo announcing management changes, viewed by TheStreet, CEO Mike Corbat said Jane Fraser will become CEO of Citi Mortgages. Fraser led the Citi Private Bank for the past four years. Fraser, a former partner at McKinsey & Co. joined Citigroup in ...

RealtyJuggler Real Estate Software Upgraded with Valet Import

WINDSOR, Colo., May 20, 2013 /PRNewswire/ -- Today, RealOrganized, Inc. announced another upgrade to their flagship RealtyJuggler Real Estate Software product. This upgrade includes a new Valet Importer, ...

For Mortgage REITs, Is QE3 Friend or Foe?

Recent talk of a QE3 exit has sent mREITs into a tailspin.        

Variant Commercial Real Estate Adds a 280-Unit Apartment in Georgia to Commercial Portfolio

Variant Commercial Real Estate, L.L.C. , a private real estate investment company, is pleased to announce its latest acquisition of a multifamily property consisting of 28

Real Estate Sale of the Day

Covering events in the Realty and Building communities in Northeast Florida.

Homes watched and 'tagged' by callous dog thieves

THIEVES are using coloured tags to mark Brisbane homes with dogs they want to steal for selling on or for suspected dog-fighting rings.

Imprev Adds Dropbox Integration to Real Estate's Only Mobile Marketing Centers

Dropbox, a free service used by over 100 million people to bring their photos, docs, and videos anywhere and share them easily, is now integrated into the Imprev Marketing Platform. The Imprev Platform ...

Conning - Property-Casualty Reserve Position Stable Despite 2012 Reserve Releases

HARTFORD, Conn., May 20, 2013 /PRNewswire/ -- In its latest review the property-casualty insurance industry loss reserves, Conning has concluded that the overall reserve position is stable, or perhaps ...

Want to retire on the beach? Mexico talks of liberalizing land sales

Supporters say the change could help Mexico compete with Central America for US retirees seeking spots in the sun. But could it hurt Mexican access to prime real estate?

Churchill Mortgage Strengthens Team, Promotes 16 Industry Experts

Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 26 states, today announced the promotions of 16 employee

AVT Targets Property Managers and Developers

CORONA, Calif., May 20, 2013 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) ( www.autoretail.com ), a technology leader in developing automated retailing systems, self service kiosks and micro-stores, announced ...

5 Questions to Ask Your Realtor Before Hiring

Choosing a realtor who doesn't get the job done will cause unnecessary stress and annoyance– not to mention having your home sit on the market with few buyers showing interest.

Retail Real Estate Continues to Gather Momentum

With many major chains opening new stores and investors showing strong interest in retail properties, the retail real estate sector is set to continue its recovery in the second ha

Resource Real Estate Opportunity REIT Buys Autumn Wood Apartments

PHILADELPHIA, May 20, 2013 /PRNewswire/ -- Today, Resource Real Estate Opportunity REIT, sponsored by Resource Real Estate, Inc. ("Resource Real Estate" or "RRE"), a national real estate ...

DR. SASWAT MISRA JOINS VRINGO AS INTELLECTUAL PROPERTY COUNSEL

NEW YORK - May 20, 2013 - Vringo, Inc. (NASDAQ: VRNG), a company engaged in the innovation, development and monetization of mobile technologies and intellectual property, today announced that Dr. Saswat ...

Tredyffrin Board of Supervisors candidates

At large: Democrat Murph Wysocki Name: Murph Wysocki Occupation: Commercial real estate attorney Family: Wife, Lois; daughter, Dana. Residence: Deepdale neighborhood of Tredyffrin for 36 years.

China's red-hot property market shows no signs of slowing

Property prices continued to rise last month in China, defying policymakers who have sought to cool the housing market while preserving robust economic growth.

Amateur investors tap 401(k)s to buy homes

Read full story for latest details.

Erie County real estate transactions

Following are real estate transactions over $5,000 as listed in records of the Erie County Clerk’s Office for the week ending April 12.

Blackstone Said to Explore Brixmor IPO by End of the Year

Blackstone Group LP (BX) is considering an initial public offering of its Brixmor Property Group shopping-center unit by year’s end, taking advantage of a stock-market rally as it starts to sell real estate assets.

Accenture’s Property & Casualty Insurance Claims Software Receives Industry Awards for Functionality and Service

Accenture’s property and casualty insurance claims management software, Accenture Claim Components, received two XCelent Awards in Celent’s latest report titl

Military home loan program extended

CLARKSVILLE, TENN. — A program to help soldiers get loans to purchase homes has gotten a permanent extension.

Property Transfers: May 20, 2013

Mon, 20 May 2013 09:00:56 GMT Recorded in April 2013 Moxee Residential property at 3131 Birchfield Road, sold by Arthur Kroes, to Dave Keifer, $232,500. Naches Residential property at 211 Ranger Road, sold by Doris Paulinksy, to Richard Kilmer Special Needs Trust, $100,000. S...

Saratoga County property transactions published May 20, 2013

These property transactions were filed with the Saratoga County Clerk’s Office from May 8 to May 9. Property transactions list seller, buyer and transfer tax. Specific addresses are supplied when available. The following are listed by town in the form of seller, buyer and purchase price.

The Truth About Buying a USA Investment Property

By Gerald Tay (guest contributor) The success of my overseas property investments in the last three years is due to co-investing with trustworthy foreign partners, whom themselves have decades of property investment experience in that particular country both as a local and investor. I have never bought an overseas investment property from property seminars or [...]

Top California Home Loan Mortgage Company, Blue Loan Services, Releases New Instructional Video

A new video released by Blue Loan Services shows clients how to find the lowest mortgage rates with the Fast Rate Quote tool found on the company's website. (PRWeb May 20, 2013) Read the full story at http://www.prweb.com/releases/california-home-loans/blue-loan-services/prweb10745464.htm

Taking a HOME LOAN? Points to remember

Analyse your financial situation before deciding on amount; compare tenure, interest rate and penalty before finalising the lender.

Big banks sell off mortgage servicing rights

Millions of homeowners around the country have received an unexpected message from their banks: Goodbye.

Strongest jump for home loans since 2009

Owner-occupier home loan approvals have posted the strongest jump in four years.

Homes for Sale in Dallas, Texas Now Offered by K-OS Home Solutions

Homes for sale in Dallas, Texas are now offered by the K-OS Home Solutions company. These homes are company owned and can be financed through other ways that do not require mortgage companies for buyers. (PRWeb May 19, 2013) Read the full story at http://www.prweb.com/releases/homes-for-sale-in-dallas/houses-in-dallas/prweb10749042.htm

Tornadoes level homes in Okla., 21 injured

SHAWNEE, Okla. (AP) — One of several tornadoes that touched down Sunday in Oklahoma turned homes in a trailer park near Oklahoma City into splinters and rubble and sent frightened residents along a 100-mile corridor scurrying for shelter.

Tornadoes level homes in Okla., hit other states

EDMOND, Okla. (AP) — One of several tornadoes that touched down Sunday in Oklahoma turned homes in a trailer park near Oklahoma City into splinters and rubble and sent frightened residents along a 100-mile corridor scurrying for shelter.

Home loan wars heat up as Westpac cuts

Westpac fires the latest salvo in the fixed-rate home loan wars as lenders battle for new borrowers following the RBA's cash rate cut.        

Property developer 'trapped in China’ after joint venture goes sour

A British property developer has claimed that he and his family are being prevented from leaving China after a joint venture with a state-backed company turned sour.

Loan wars: Gifts galore

Flat-screen televisions, cash for groceries and even iPads - banks are competing to offer more attractive prizes to sweeten home loan deals as higher interest rates are forecast.But commentators warn the prizes should be viewed...

Home-loan war heats up with rate cut

THE latest salvo in the home-loan war has been fired, with Westpac and Bank of Melbourne cutting rates on their fixed mortgages.

Westpac cuts fixed home loan rates

Bank fires latest salvo in battle for borrowers following the RBA's cash rate cut.        

Home loan wars heating up

Westpac fires the latest salvo in the fixed-rate home loan wars as lenders battle for new borrowers.

Home loan battle intensifies

Westpac fires the latest salvo in the fight for new borrowers in the wake of RBA move.        

Is Obama's mortgage rescue program working?

Not according to a recent inspector general's report, which found that about half of homeowners who won loan modifications still failed and ended up facing foreclosure again.

New top Realtor sees a rebound, but full recovery years away

As a Realtor in Orange County, Calif., Gary Thomas lives at the epicenter of the past decade's epic housing boom and bust that is only now beginning to release the economy from its withering grip. It was in that county and the broader Los Angeles market that many of the ...

Realtors(R) Can Increase Their Value by Better Leveraging Technology, Says realtor.com(R)

Technology plays a vital role in today's society and is transforming the way Realtors® do business. That's according to Curt Beardsley, vice president of product marketing for realtor.com®, who shared ...

GMH Mortgage Services LLC Proudly Announces Scott Medrow as Senior Vice President of its National Mortgage Center ...

NEWTOWN SQUARE, Pa., May 17, 2013 /PRNewswire/ -- GMH Mortgage Services LLC, a nationally-recognized Mortgage Banker, headquartered in Newtown Square, PA, is pleased to announce the addition of Scott Medrow ...

Texas tornado devastation includes Habitat homes

GRANBURY, Texas (AP) — Habitat for Humanity spent years in a North Texas subdivision, helping build many of the 110 homes in the low-income area. But its work was largely undone during an outbreak of 16 tornadoes Wednesday night that killed six people and injured dozens.

UK's worst property loans rise to near quarter of total - study

By Tom Bill LONDON (Reuters) - Almost a quarter of commercial property loans in Britain are higher in value than the underlying real estate, a study showed on Friday, highlighting the toxic legacy of reckless lending before the financial crash. The figure grew to 23 percent at the end of 2012 from 20 percent a year earlier, according to De Montfort University, or about 45 billion pounds of a ...

William Lyon Homes rises in 1st day on NYSE

Shares of homebuilder William Lyon Homes rose 2 percent after the company's stock was sold to the public Thursday. The stock, which had been trading over the counter before its debut Thursday on the New ...

Tornado targets Habitat homes in Texas subdivision

GRANBURY, Texas (AP) — Habitat for Humanity spent years in a North Texas suburb, helping build many of the 110 homes in the low-income area. But its work was largely undone during an outbreak of 10 tornadoes Wednesday night that killed six people and injured dozens.

Realtor(R) Confidence in Commercial Market Growing

Realtors® who specialize in commercial real estate expressed optimism and confidence in the market during a forum at the Realtors® Midyear Legislative Meetings & Trade Expo. Despite a slow turning economy, ...

Trumark Homes Breaks Ground on Its Fourth New Home Community in San Francisco Bay Area

Trumark Homes announced today it has begun construction on the new eight-acre PACE development, which will provide 134 affordable, desirable homes for Silicon Valley's young professionals, couples and ...
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