Corporate finance group named top lead arranger

Corporate finance group named top lead arranger

… which we attribute primarily to our newly introduced single sales force model,” according to Jim Seymour, Senior Managing Director of Capital One Healthcare's Real Estate team. “Our team now represents all Capital One debt product offerings — balance sheet, Fannie Mae, Freddie Mac, and HUD
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Short-Term Trade Secrets: International Business Machines Corporation (NYSE: IBM)

U.S. stocks traded lower on Wednesday as concern grew that China may stop buying U.S. sovereign bonds. The Dow Jones industrial average fell 100 points. The S&P 500 declined 0.4 percent, with utilities and real estate as the worst-performing sectors. The Nasdaq composite pulled back 0.5 percent.
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Housing market hit new high in 2017 despite Harvey

“No one could ever have imagined 2017 turning out to be a record-setting year for the Houston real estate market, which had weathered the effects of the energy slump only to have Harvey strike such a devastating blow,” Kenya Burrell-VanWormer, the realty association's chairwoman, said in a
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December residential housing market update: Low inventory does not reduce demand

“The median sale price of a home in Kirkland at the end of December 2017 was $790,000 and this was a jump of 16.5 percent from November 2017 and a whopping 40 percent increase from Dec. 31, 2016,” Spencer said. According to Spencer, the biggest influencers in the real estate market in Kirkland
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New York City foreclosures rise to post-crisis high

Additionally, around 20% of the homes scheduled for auction in 2017 received their initial lis pendens notice in 2009 and 2010 at the peak of the housing crisis. According to PropertyShark's report, foreclosures increased in almost every borough of New York City, with the exception of Manhattan, where
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TD Bank names head of mortgage, national sales director

The bank has named Rick Bechtel as its executive vice president, head of U.S. mortgage banking, and Scott Lindner as national sales director. Bechtel (pictured below, first) and Lindner (pictured below, second) bring mortgage industry experience and key senior leadership to TD Bank as it aims to drive
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Tower International (TOWR) Stock Rating Lowered by Zacks Investment Research

B. Riley restated a buy rating on shares of Tower International in a research note on Wednesday, November 1st. FBR & Co restated a buy rating and issued a $40.00 target price on shares of Tower International in a research note on Tuesday, October 31st. ValuEngine downgraded Tower International
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CMG launches affinity marketing portal for crowdfunded down payments

CMG Financial is offering a new affinity marketing portal on its crowdfunding platform for down payments and positioning it as a way for employers to retain millennials. The platform could be particularly attractive to millennials, who represent the largest generation in the workforce, because they tend to
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Trump lender gets waiver from punishment after conviction

Deutsche Bank is also a big lender to the family real estate company once run by Trump senior adviser and son-in-law Jared Kushner. In 2016, Deutsche Bank lent $285 million to affiliates of the Kushner Cos. to refinance a loan used to purchase of the retail floors in the old New York Times building in
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Ric Spiehs Joins CoastalStates Mortgage, A Subsidiary Of CoastalStates Bank, As President …

HILTON HEAD ISLAND, S.C., Jan. 10, 2018 /PRNewswire/ — CoastalStates Bank announced that Ric Spiehs would be joining the Bank as the President & C.E.O. of the Bank's wholly-owned subsidiary, CoastalStates Mortgage, Inc. After a prior brief stint with the Bank in 2013-14, Spiehs returns to the
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Kirkland remains hot in the housing market

Experts agree that 2018 will be another hot year for the Puget Sound housing market and Kirkland is only getting hotter as demand increases while inventory remains low. Currently, the Eastside market has less than a month of inventory based on the monthly average sales, according to David Sloan,
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Brainstorm Health: Cows and MERS, JPMorgan Updates, Cigarette Smoking

Animals are critical to scientific discovery. They serve as the (somewhat literal) guinea pigs for human drug development and product testing. And U.S. scientists are now saying that yet another major medical breakthrough may be facilitated by our fauna fellows—specifically, antibodies grown in
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Pace of property value gains almost halves in 2017 as market cools

New Zealand property values rose at almost half the pace of the prior year in 2017 as tighter lending criteria, restrictions on highly leveraged loans, and electoral uncertainty took the wind out of the local housing market, Quotable Value says. National residential property values rose 6.6 percent to
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Refinance activity leads to increase in mortgage applications

Mortgage application volume started the year on the upswing because of higher refinance activity, even with a slight increase in rates. The Mortgage Bankers Association's Weekly Mortgage Applications Survey was up 8.3% for the week ending Jan. 5. The refinance index increased 11% from the
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Houston's housing market recorded strongest year ever in 2017, despite Hurricane Harvey

Not surprisingly, housing inventory is still constrained as flood-damaged houses have been pulled off the market and homeowners affected by Harvey have been adding to the demand. At the beginning of the year, Houston had a 3.3-months supply, which grew to a 4.3-month supply just before Harvey
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First-Time Homebuyers Could Face Increased Default Risks in 2018

On the GSE front, September 2017 saw a significant year-over-year increase in Freddie Mac's share of the GSE purchase business, jumping to 45 percent compared to 37 percent a year earlier. AEI's report states that “GSEs have been rebuilding market share that they lost to FHA after its mortgage
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PR: Real Estate Marketplace Propy to Give 50000 PRO Tokens at World Crypto Economic Forum …

Propy, which aims to become the world's first international real-estate marketplace, will donate 50,000 PRO tokens as rewards at the upcoming World Crypto Economic Forum's Blockchain Hackathon. The company's CEO and founder Natalia Karayaneva is amongst the impressive line-up of experts to
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Top Realtor in Bradenton-Sarasota area had $105.4 million in sales

Roger Pettingell of Longboat Key Coldwell Banker Global Luxury recorded $105.4 million in real estate sales in 2017 to lead all Realtors in the Bradenton-Sarasota area. Jason Sato of Sato Real Estate on Anna Maria Island finished the year with $93.9 million in sales, the most of any Manatee County
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TrueLane Homes Announces Closing of First Freddie Mac Single Family Rental Transaction to …

Newport Beach, CA — (ReleaseWire) — 01/10/2018 — TrueLane Homes (formerly True Investments), a leading investor in affordable single-family rental homes, announced today that it has closed a landmark financing transaction with Freddie Mac, through its seller/servicer Berkadia Commercial
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No sign of financing for Broadway-Navy project

#The new year has dawned with no sign of long-promised financing for ex–Union-Tribune owner Douglas Manchester's $650 million Broadway-Navy project downtown. Back in October, Berkadia Hotels and Hospitality Group, a mortgage broker co-owned by Warren Buffett, said it had been “tasked with
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