Sierra Pacific Mortgage Debuts Builder Division

Sierra Pacific Mortgage Debuts Builder Division

Chip Brown, a Past President of Raleigh Mortgage Bankers Association, was recruited as a Business Development Manager focused on the East Coast, and Mike Seeley, formerly the West Coast Builder Manager for Guaranteed Rate, was brought in as a Builder Branch Manager to generate new
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Republicans strike compromise on mortgage interest deduction

House and Senate negotiators working on a compromise tax bill have agreed to cap the mortgage interest deduction at $750,000 for newly purchased properties, according to a GOP source. That approach would split the difference between the tax bills that have passed the House and the Senate.
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Seattle's new Airbnb rules could push 700 short-term rentals back on the housing market

As many as 700 short-term rental units in Seattle will go back on the housing market through new regulations on rental operations like Airbnb and Expedia-owned HomeAway, the city of Seattle said. The Seattle City Council on Monday passed a law to require permits for people who rent space through
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Bitcoin Regrets: How Much $100 Would Be Worth Today if You Invested Earlier

Bitcoin seems to be the hottest investment trend these days. So hot, in fact, that some are mortgaging their homes to buy the cryptocurrency. Would-be investors are kicking themselves as they watch the price of Bitcoin continue to soar. But there's a lot of conflicting information out there to digest. Market
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Freddie Mac Var N (FMCCN): Tracking the Numbers

After a recent stock scan on shares of Freddie Mac Var N (FMCCN), we have observed that the Percentage Price Oscillator Histogram level is over zero. Traders following the indicator may be using the reading to spot a buying opportunity. The Relative Strength Index (RSI) is a momentum oscillator that
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Mortgage delinquency down nationwide

CoreLogic reports mortgage delinquency rates nationwide are at their lowest in more than a decade and Bellingham is down year over year. Compared to last year, payments 90 days past due are down point-five percent and foreclosures are down point-three percent. CoreLogic says any increases in
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Help Out Nottingham launched to support the homeless

Councillor Jane Urquhart, Nottingham City Council's Portfolio Holder for Planning, Housing and Heritage, said: “Giving money directly to people begging is not the best way to get them the long term support they really need. The Help Out Nottingham initiative will provide an alternative way for members
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Leeds West Group buying 42-store Midas franchisee ASE

DENVER — Leeds West Groups (LWG), a leading Big O Tires and Midas International franchisee, is buying Auto Systems Experts (ASE), a Davenport, Iowa-based Midas franchisee with 42 locations. Financial terms of the deal, still subject to customary closing requirements and regulatory approvals,
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The Latest: Tax bill scales back mortgage interest deduction

WASHINGTON — The Latest on the Republican tax overhaul (all times local):. 1:25 p.m.. Congressional aides say negotiators have agreed to scale back the mortgage interest deduction, which would allow homeowners to deduct interest on the first $750,000 of a new mortgage. The provision is part of a
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Democratic State AGs Demand Mulvaney Ouster From CFPB

A coalition of 17 Democratic State Attorneys General sent a letter to President Trump demanding the removal of Mick Mulvaney as Acting Director of the Consumer Financial Protection Bureau (CFPB). The Attorneys General cited Mulvaney's comments that the Agency was a agency as “a joke” that
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Ginnie announces crackdown on VA loan churning

Tozer said the VA needs to impose “a net tangible-benefit test” to determine if borrowers are gaining a benefit from streamline refinance. The FHA and the government-sponsored enterprises Fannie Mae and Freddie Mac have such a test. “It [VA loan churning] is still an issue,” Tozer said. “It is going to be
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The Comerica Bank Has $4.79 Million Position in Encore Wire Corporation (WIRE)

Encore Wire Corporation Company Profile Encore Wire Corporation is a manufacturer of electrical building wire and cable. The Company is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The Company
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Mortgage Loan Advisor

We have an immediate opportunity for a full-time Mortgage Loan Advisor. This position will be responsible for originating first and second mortgages, answering inquiries regarding available programs, as well as cultivating and building relationships with real estate professionals. Qualifications: 3 to five
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Charleston-area mortgage delinquency rate falls

Fewer mortgages are in delinquency in the Charleston-North Charleston area, and the local rate is lower than both the statewide rate and the national rate. The mortgage delinquency rate, defined as mortgages 30 days or more past due — including those in foreclosure — was 4.9% in the
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JLL named Most JUST Company in real estate for second straight year

CHICAGO, Dec. 12, 2017 /PRNewswire/ — JLL (NYSE: JLL) today was named one of America's Most JUST Companies and, for the second consecutive year, the industry leader in real estate. The recognition comes from Forbes and JUST Capital, a nonprofit that for two years has ranked the largest
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Late mortgage payments rise in Irma's wake

Bucking the national trend, the number of Southwest Florida homeowners who were late on their mortgage payments unexpectedly shot up over the year. But analysts say it's not a sign of new housing woes, but instead the temporary impact of Hurricane Irma. In the Sarasota-Manatee region, 4.9 percent
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Spring comes late for NZ property market – REINZ

The REINZ House Price Index for New Zealand increased 0.3 per cent month-on- month to reach an all-time high of 2663 during November, indicating that the ratio of sales prices when compared to CVs is at its highest point since the index began. The same is true for New Zealand excluding Auckland,
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Sierra Pacific Mortgage Launches Builder Division

Folsom, CA, Dec. 12, 2017 (GLOBE NEWSWIRE) — Sierra Pacific Mortgage Company, Inc., one of the nation's top private independent mortgage lenders serving Retail, Wholesale and Correspondent channels, has announced the company's launch of their new Builder Division which will be focused on
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Building Better Communities and Pinnacle Housing Group Host Ribbon Cutting Celebration for …

OAKLAND PARK, Fla.–(BUSINESS WIRE)–Building Better Communities, Inc. and Pinnacle Housing Group, LLC hosted a ribbon cutting celebration to mark the grand opening of Oakland Preserve, the new multi-family, 80-unit affordable housing community located at 3600 Oakland Preserve Way (N.E.
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Current Mortgage Rates For Tuesday, December 12, 2017

Mortgage rates are staying mostly flat this morning as financial market participants remain in a holding pattern ahead of the Federal Open Market Committee's announcement tomorrow afternoon. Rates are still on the lower end of the spectrum for 2017 right now so this is good news for borrowers.
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