Real Estate

Real Estate

Real Estate and Housing News from Mortgage & Finance News magazine

Real Estate

Real Estate
Real Estate and Housing News from Mortgage & Finance News magazine

Bank of Southern California Provides $5 Million in Financing to OWB Real Estate Holdings, LLC

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) announced that it has provided $5 million in financing as senior lender in part of a larger financing arrangement for OWB Real Estate Holdings, LLC. The financing was a combination of bank borrowing, and loans secured through the Federally backed New Market Tax Credit program. The financing provided funds used for the acquisition of land, improvements, and equipment of a shuttered beef slaughter and processing plant in Brawley, Calif., formerly operated by National Beef.

Home-Equity Loans Facts Track seminar for mortgage lenders in Huntington Beach May 11

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, Inc. is pleased to announce that it is again offering the popular 'Home-Equity Loans Facts Track' seminar for mortgage lenders interested in learning more about the home-equity conversion mortgage (HECM) loan on May 11, 2016 at the Hyatt Regency Huntington Beach, Sandpiper Room from 12:30 p.m. to 2:30 p.m.

Simplifile and Landtech Data Corporation Integration Streamlines E-Recoding Process for Settlement Service Providers

Mortgage and Finance News: (PROVO, Utah) Simplifile, the nation's largest e-recording service provider, has partnered with Landtech Data Corporation to improve recording efficiency and ease payment processing for Landtech's nationwide customer base. The integration will further advance the efficiency of the e-recording process by allowing settlement service providers to submit and pay for their e-recording documents using Simplifile without ever leaving the Landtech system.

Simplifile Q1 2016 Report Reveals Three Out of Four Transactions Eligible to be E-Recorded

Mortgage and Finance News: (PROVO, Utah) Simplifile, a leader in electronic document and data workflow technology for lenders, settlement agents and counties, today released quarterly figures summarizing the organization's activities and achievements from January through March 2016.

ReverseVision Exchange Software selected by NOVA Home Loans to Originate Reverse Mortgages

Mortgage and Finance News: (SAN DIEGO, Calif.) ReverseVision, Inc. announced today that NOVA(R) Home Loans (NOVA), a Tucson, Arizona-based mortgage lender serving the Southwestern United States, has selected RV Exchange (RVX) as its reverse mortgage loan origination software (LOS). NOVA has originated reverse mortgages as a correspondent lender since 2014.

Media Advisory: Reverse Mortgage Expert John Button Available to Comment on Reverse Mortgage Trends

Mortgage and Finance News: (ATLANTA, Ga.) MEDIA ALERT: Reverse mortgage expert John Button, president and CEO of San Diego, California-based software provider ReverseVision, is available for interviews in Atlanta on Tuesday, April 12, and Wednesday, April 13, 2016.

CMG Financial Automates its Entire Appraisal Process Using Global DMS’ eTrac Platform

Mortgage and Finance News: (LANSDALE, Pa.) Global DMS, a leading provider of web-based compliant valuation management software, announced that CMG Financial (CMG), one of the nation's leading lenders, has streamlined the management of its appraisal process from start to finish using Global DMS' eTrac platform.

Platinum Data Solutions Named to the HousingWire HW TECH100 for Third Consecutive Year

Mortgage and Finance News: (ALISO VIEJO, Calif.) Platinum Data Solutions, a provider of valuation data and analytics solutions, has been included on HousingWire's 2016 HW TECH100 list for the third year of the three year old awards program. Since hiring eLynx co-founder Phil Huff as CEO in 2012, Platinum Data been focused on consistent innovation.

IDS Celebrates 30th Anniversary in 2016

Mortgage and Finance News: (SALT LAKE CITY, Utah) Mortgage document preparation vendor International Document Services, Inc. (IDS), announced the company will celebrate 30 years in business in 2016. The company plans to celebrate with various promotions and events throughout the year.

Pavaso’s Vice President of Partner Strategies and Government Affairs Elected to Co-Chair MISMO Workgroup

Mortgage and Finance News: (PLANO, Texas) Nancy G. Pratt, VP of Partner Strategies and Government Affairs at real estate technology company Pavaso, was elected to serve as co-chair of the Mortgage Industry Standards Maintenance Organization (MISMO) eMortgage Workgroup at the organization's Winter Summit in January.

Mid America Mortgage Hires Four Account Executives to Serve California, New Hampshire, Tennessee, Midwest

Mortgage and Finance News: (ADDISON, Texas) Mid America Mortgage, Inc. (Mid America) Owner and Chief Executive Officer Jeff Bode announced the firm has hired four new account executives in its wholesale and correspondent lending division.

Titan Offers Trade Transaction Management Services to Mortgage Investors

Mortgage and Finance News: (DENVER, Colo.) Mortgage services expert Titan Lenders Corp. announces it is now offering Trade Transaction Management Services to investors looking to acquire mortgage assets. Through these services, Titan facilitates the administrative tasks and logistical management of acquiring a loan pool. Using its comprehensive mortgage process and compliance foundation, Titan works in collaboration with investors to provide a deeper understanding of the risks the investor is potentially acquiring.

Developer OPTIMA expands and launches its first project in the Orlando Walt Disney World area

Mortgage and Finance News: (MIAMI, Fla.) OPTIMA, an international developer headquartered in Sao Paulo, Brazil, announces its expansion into the Orlando region and is launching its first project there today, the 'Regal Palms Elite Townhomes.'

Texas-based Domestic Development Company announces a compelling real estate investment product that allows people to invest in oil

Mortgage and Finance News: (DALLAS, Texas) Domestic Development Company (DDC) announces a compelling real estate investment product that allows people to invest in oil, while yielding the greatest payback, superior tax benefits and long-term cash flow.

11 Georgia Association of Business Brokers Members Named to Million Dollar Club

Mortgage and Finance News: (ATLANTA, Ga.) In a difficult year for business transactions, 13 members of the Georgia Association of Business Brokers (GABB) helped enough business owners buy and sell $40 million worth of businesses to earn membership to the organization's prestigious Million Dollar Club for 2010.