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Archive | Real Estate

Former Director of American International Industries, Inc. Files Civil Lawsuit Against Appraiser in Response to TALCB Investigation Results

HOUSTON, Texas, March 26, 2015 (SEND2PRESS NEWSWIRE) — Scott Wolinsky, a former director of American International Industries, Inc. (‘American'; OTC:AMIN / OTCMKTS:AMIN), and Maria T. Wolinsky, his wife, filed a civil lawsuit (Cause No. 2015-16578) against the appraiser of many of AMIN’s properties, George Kahle Group, LLC and its owner, George F. (‘Jeff’) Kahle, III, on 03/20/2015 in the 190th Judicial District Court of Harris County, Texas.

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United Wholesale Mortgage Launches Freddie Mac’s Home Possible Mortgage Program

TROY, Mich., March 25, 2015 (SEND2PRESS NEWSWIRE) — United Wholesale Mortgage (UWM), one of the nation’s largest and fastest growing wholesale lenders, announced today the availability of Freddie Mac’s new Home Possible(R) Mortgage program, which enables first-time home buyers and low- to moderate-income borrowers to achieve home ownership with only a three percent down payment.

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Former Director to Consolidate Civil Lawsuits Filed Against American International Industries, Inc. and its CEO, Daniel Dror

HOUSTON, Texas, March 18, 2015 (SEND2PRESS NEWSWIRE) — Scott Wolinsky, a former director of American International Industries, Inc. (‘American'; Ticker ‘AMIN’), and Maria T. Wolinsky, his wife, have agreed to the consolidation of their defamation and fraud claims that were pending in two separate civil lawsuits against American and its CEO, Daniel Dror, in the Harris County District Courts into the ongoing Houston arbitration proceeding announced by American on December 17, 2014.

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Oakwood Management Company Selects Katz Marketing Solutions for Brand Marketing Strategy

COLUMBUS, Ohio, March 17, 2015 (SEND2PRESS NEWSWIRE) — Oakwood Management Company, one of Columbus’ leading apartment community and commercial property management companies, announced the selection of Katz Marketing Solutions to provide brand marketing and strategic planning services.

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TALCB Concludes Investigation – Finds Appraisals Prepared for CEO of American International Industries, Inc. Violate 17 USPAP Provisions

AUSTIN and KEMAH, Texas, Mar. 2, 2015 (SEND2PRESS NEWSWIRE) — The Texas Appraiser Licensing and Certification Board (TALCB) held its February meeting on February 20, 2015. At the meeting, the TALCB entered an ‘Agreed Final Order’ in the matter of an investigation of Complaint Nos. 13-321 and 13-325 filed by Scott Wolinsky, a former director of American International Industries, Inc. (OTCBB: AMIN / OTCQB: AMIN) located in Kemah, Texas.

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MorVest Capital Says Recent Changes on FHA Loans Will Impact Mortgage Servicing Rights Fair Value

DALLAS, Texas, Feb. 18, 2015 (SEND2PRESS NEWSWIRE) — MorVest Capital, a specialized investment firm focused on providing strategic capital and analytics solutions to the mortgage banking and residential finance industry, is drawing mortgage servicers’ attention to the impact two recent changes will have on mortgage servicing rights fair value for FHA loans.

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Veros Delivers First Direct Connection to FHA’s Electronic Appraisal Delivery Portal

SANTA ANA, Calif., Feb. 17, 2015 (SEND2PRESS NEWSWIRE) — Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that lenders interested in utilizing FHA’s recently announced Electronic Appraisal Delivery (EAD) portal can achieve a direct connection for electronic appraisal submission through Veros’ PATHWAY.

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Veros CEO Darius Bozorgi Speaking at 2015 ABS Vegas Conference

SANTA ANA, Calif., Feb. 9, 2015 (SEND2PRESS NEWSWIRE) — Veros Real Estate Solutions (Veros), an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, is pleased to announce that president and CEO Darius Bozorgi will be a panelist at the 2015 ABS Vegas conference, the largest capital markets conference in the world.

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Houston Hosts The Nation’s Largest Real Estate Investment Expo

HOUSTON, Texas, Jan. 23, 2015 (SEND2PRESS NEWSWIRE) — Investors from all over Texas and the nation will be gathering at the George R. Brown Convention Center in downtown Houston to learn from the nation’s leading experts. On Jan. 31, 2015, Lifestyles Unlimited, a Houston based real estate education company, will be hosting a Wealth and Passive Income Expo that is expected to have over 2,500 people from all over the world in attendance.

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McWhirter Realty Partners Moves to Atlanta Galleria Office Park

ATLANTA, Ga., Jan. 14, 2015 (SEND2PRESS NEWSWIRE) — McWhirter Realty Partners, a comprehensive real estate services firm offering brokerage, property management and development service, today announced its relocation to the Atlanta Galleria Office Park in Cobb County, Georgia. The company also announces a significant increase in business during 2014, attributing the growth to financial institutions writing down REO assets, a rebound in residential real estate and land development, and increased management business.

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Margate Seeking Developers to Build ‘City Center’

MARGATE, Fla., Jan. 6, 2015 (SEND2PRESS NEWSWIRE) — The Margate Community Redevelopment Agency (MCRA) is seeking qualified developers to develop all or a portion of a 36 acre future City Center site. Since 2003, the MCRA has engaged in assembling the properties surrounding the intersection of State Road 7 and Margate Boulevard (including the former Swap Shop) with the goal of creating a vibrant mixed use City Center which would be a destination for both City and Northwest Broward residents.

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New Changes to HUD Section 184 Native American Indian Home Loan Guarantee now will also allow for Refinance Transactions

DENVER, Colo., Nov. 14, 2014 (SEND2PRESS NEWSWIRE) — Native Americans with a tribal enrollment card have been eligible for a specialized Home Loan Guarantee Program (HUD Section 184) since 1992 to assist in the purchase of a new home, says Morgan Pennington, a Section 184 Licensed Mortgage Consultant at Universal Lending Corporation. Beginning this year, there are some new changes went into place that will make it even more attractive to Native American Indian homeowners.

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HECM Reverse Mortgages Have Less Risk for Lenders says ReverseVision Board Member, Industry Expert Jeffrey Taylor

SAN DIEGO, Calif., Sept. 2, 2014 (SEND2PRESS NEWSWIRE) — Mortgage lenders offering the HUD-insured Home Equity Conversion Mortgage (HECM) will find that originating reverse loans carries fewer risks than traditional mortgages. Recent HUD changes have made these loans even better suited to serve their intended purpose, according to reverse mortgage expert Jeffrey Taylor, a ReverseVision board member and president of Wendover Consulting.

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Reverse Mortgage Volumes Trend Up in Closed Loan Data, FHA Endorsements a Lagging Indicator, says ReverseVision’s Rob Katz

SAN DIEGO, Calif., Aug. 12, 2014 (SEND2PRESS NEWSWIRE) — Contrary to what has been reported for the past six months, reverse mortgage originations have been trending up according to ReverseVision, the leading provider of reverse mortgage lending solutions. ReverseVision’s RV Exchange (RVX) is the leading reverse loan origination system (RLOS) and lending system of record for the majority of reverse lenders.

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Global DMS and Collateral Analytics Team to Offer Enhanced Valuation Services

LANSDALE, Pa. and HONOLULU, Hawaii, June 10, 2014 (SEND2PRESS NEWSWIRE) — Global DMS, a leading provider of Web-based compliant valuation management software, and Collateral Analytics, a leading provider of real estate analytics and valuation products, announced they formed a strategic alliance that integrated various components of their software valuation solutions.

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FirstClose Announces Expanded Portfolio Review Service

AUSTIN, Texas, May 15, 2014 (SEND2PRESS NEWSWIRE) — FirstClose, an Austin, Texas-based mortgage technology service provider, announced today the expansion of its Portfolio Review Service for current home values, liens and encumbrances. Lenders can now access a detailed asset valuation that meets compliance requirements, but also exceeds expectations with a summary of the featured properties’ transactional histories.

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Spring Home Sales Grow with Top RE/MAX REALTOR – Newsome Team REALTORS

TIPP CITY, Ohio, April 9, 2014 (SEND2PRESS NEWSWIRE) — On March 24, 2014, Newsome Team REALTORS(R) was awarded the prestigious award as one of the Top Ten Teams of RE/MAX of Southern Ohio for 2013. This area includes the Dayton, Cincinnati, and Northern Kentucky area and a total of 64 REALTOR(R) teams.

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The Future for Real Estate is Here: The IDX Store in Wisconsin Leads the Way

OMRO, Wis., April 4, 2014 (SEND2PRESS NEWSWIRE) — Traditionally, when buyers purchase a home, they enter into a Buyer Agency Representation Agreement with a real estate brokerage. Upon purchase, the broker, Buyer’s agent, will receive the compensation offered by the owner or owner’s agent, the listing broker. Not anymore. Paul Landig, broker, president Great White Enterprises, LLC, had a vision that’s now become a reality: The IDX Store.

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Radisson Hotel Corning to be sold by HVS Capital

NEW YORK, N.Y., March 25, 2014 (SEND2PRESS NEWSWIRE) — HVS Capital Corp (HVSCC) has been exclusively appointed to sell the 177-room Radisson Hotel Corning, located in the picturesque Finger Lakes Region of New York. This full-service hotel possesses more than twice the meeting capacity of any other hotel in the market, spacious guest rooms and a full-complement of services and amenities. Guests can dine at the three-meal Grill 1-2-5 or enjoy a cocktail at Steuben Bar.

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Midland Resort and Convention Center to be Sold

MIDLAND, Mich., March 3, 2014 (SEND2PRESS NEWSWIRE) — HVS Capital Corp has been exclusively appointed to sell the 235-room Midland Resort and Convention Center in Midland, Michigan. This full-service hotel possesses nearly double the meeting space of any other property in the market, along with a sizable indoor recreation area that includes a lap pool, a whirlpool, a fitness room, a children’s play area and a game room.

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IDS Mortgage Document Preparation System Now Fully Supports E-Signatures for FHA Documents

SALT LAKE CITY, Utah, Feb. 26, 2014 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services, Inc. (IDS) announced its flagship doc prep system idsDoc is fully capable of supporting electronic signatures for Federal Housing Administration (FHA) documents. The FHA announced on Jan. 30 that it would accept e-signatures on documents associated with FHA-insured loans.

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Home Owners Now Can Build the Loan They Want with Shore Mortgage ‘Flex Term’

TROY, Mich., Feb. 25, 2014 (SEND2PRESS NEWSWIRE) — Right now, loan officers at Shore Mortgage – one of a select group of home lenders operating in all 50 states – are counseling clients on a new mortgage option that allows home owners to customize both the length of the loan and the payment like never before imagined.

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Forsythe Appraisals Successfully Utilizing Global DMS’ eTrac Platform for Appraisals

LANSDALE, Pa., Feb. 25, 2014 (SEND2PRESS NEWSWIRE) — Global DMS, the leading provider of Web-based compliant valuation management software, announced that Forsythe Appraisals, LLC, the largest independent provider of residential real estate appraisals in the United States, is leveraging the eTrac Enterprise platform to manage appraisal ordering, tracking and review for all of its branch offices covering 40 major metropolitan areas across the country.

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