Mortgage

HBR Colorado Launches New Program to Buy Houses in Colorado Springs

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星期一, 九月 6, 2021

COLORADO SPRINGS, Colo., Sept. 06, 2021 (GLOBE NEWSWIRE) -- Local "we buy houses" company HBR Colorado has recently announced a new campaign to purchase morehouses as-is with cash in and around the city of Colorado Springs.The owner of the company, Brian Rudderow, was quoted saying "we buy houses in any condition in Colorado Springs and we even allow the sellers to remain in the property for up to 30 days in certain situations to add an extra layer of convenience."

Key Points: 
  • COLORADO SPRINGS, Colo., Sept. 06, 2021 (GLOBE NEWSWIRE) -- Local "we buy houses" company HBR Colorado has recently announced a new campaign to purchase morehouses as-is with cash in and around the city of Colorado Springs.The owner of the company, Brian Rudderow, was quoted saying "we buy houses in any condition in Colorado Springs and we even allow the sellers to remain in the property for up to 30 days in certain situations to add an extra layer of convenience."
  • One major reason that homeowners choose to sell their houses fast to investors is that they don't have to clean up the home, remove junk, and make expensive repairs to the property before selling it.An investor will pay cash for houses in their current condition and they normally will cover all closing costs as well so this makes it extremely attractive for homeowners that are facing difficult situations and would simply like to get rid of their home as fast as possible.
  • Some of the most common situations where cash buyers can be of use are foreclosure, divorce, tax liens, mold damage, fire damage, tax liens, inheritance, extensive repairs, bad tenants, squatters, job relocation, and more.Sellers that are facing these situations need someone that is honest and reliable and will treat them fairly to assist them with getting the cash that they need to move on with their life and solve this current financial burden that is facing them.
  • 3094 1/2 W Colorado Ave.

Associa’s Federal Housing Administration Assist Program Helps Communities Navigate the FHA Certification Process

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星期三, 八月 4, 2021

Dallas, TX, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Associa , the industrys largest community management company, provides start-to-finish support for Federal Housing Administration (FHA) certification to condominium associations through its one-of-a-kind Associa FHA Assist program.

Key Points: 
  • Dallas, TX, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Associa , the industrys largest community management company, provides start-to-finish support for Federal Housing Administration (FHA) certification to condominium associations through its one-of-a-kind Associa FHA Assist program.
  • The low down payment loans are made by qualified lenders and guaranteed by the Federal Housing Administration.
  • As an industry leader in community management, Associa is uniquely positioned to support communities in obtaining FHA approvals through its FHA Assist service.
  • The FHA Assist program providescondominium associations with convenient, professional, and efficient assistance in obtaining FHA approvals for their communities by facilitating communication, identifying and submitting required materials to the FHA, and managing the approval process.

Black Knight Enhances Groundbreaking, Consumer-Facing Servicing Digital Solution Via Integrations With Company's Technology Ecosystem and Beyond

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星期三, 八月 4, 2021

JACKSONVILLE, Fla., Aug. 4, 2021 /PRNewswire/ -- Today, Black Knight, Inc. (NYSE: BKI), a leading provider of software, data and analytics to the mortgage and consumer loan, real estate and capital markets verticals, announced it has enhanced its innovative Servicing Digital solution by integrating it to several of the company's other products, including its loss mitigation, automated valuation model (AVM), and product, pricing and eligibility (PPE) solutions.

Key Points: 
  • Servicing Digital, an interactive, consumer-facing web and mobile solution, provides Black Knight servicing clients' customers with timely, customized information about their mortgages and homes, as well as a wide variety of self-service capabilities.
  • "From the beginning, Black Knight's vision for Servicing Digital has been to help servicers provide consumers with a one-stop shop for all tasks related to their mortgage and home throughout the servicing journey," said Joe Nackashi, president of Black Knight.
  • Black Knight has also integrated Servicing Digital with its Loss Mitigation solution, which lets customers initiate requests for assistance or modifications through an advanced self-service prompt within the app as a digital alternative to calling customer service.
  • Black Knight remains committed to delivering integrated solutions, such as Servicing Digital, that help servicers exceed their customers' expectations."

Allied Announces Pricing of $500 Million Green Bond Offering

Retrieved on: 
星期二, 八月 3, 2021

TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust (TSX:AP.UN) (“Allied”) announced today that it has priced its previously announced offering, and has agreed to issue $500 million aggregate principal amount of series I senior unsecured debentures (the “Debentures”). The Debentures will bear interest at a rate of 3.095% per annum and will mature on February 6, 2032. The Debentures are being offered on an agency basis by a syndicate of agents led by Scotia Capital Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc. The offering is expected to close on or about August 6, 2021. DBRS Limited has provided Allied with a provisional credit rating of “BBB” with a “Stable” trend relating to the Debentures. Moody’s Investors Service, Inc. has provided Allied with a provisional credit rating of “Baa2” relating to the Debentures.

Key Points: 
  • DBRS Limited has provided Allied with a provisional credit rating of BBB with a Stable trend relating to the Debentures.
  • The Debentures are Allieds second Green Bond issuance under its previously announced Green Financing Framework, which is available on Allieds website at https://www.alliedreit.com/company/esg/.
  • Allied intends to allocate the net proceeds of the offering to fund the financing and/or refinancing of eligible green projects (Eligible Green Projects) as described in the Allied Green Financing Framework (the Framework).
  • Prior to allocation of the net proceeds of the offering to Eligible Green Projects, Allied intends to use the net proceeds of the offering (a) to prepay approximately $494 million aggregate principal amount of first mortgages and (b) for general trust purposes.

Two-Thirds of Younger Homeowners Surveyed Plan to Renovate This Year, With Peaks in Home Equity Creating More Opportunity to Invest in Homes

Retrieved on: 
星期二, 八月 3, 2021

Greater reliance on the home as both a workplace and a family center has led many owners to tailor their homes to their needs.

Key Points: 
  • Greater reliance on the home as both a workplace and a family center has led many owners to tailor their homes to their needs.
  • Meanwhile, seven out of 10 (71%) younger homeowners have recently completed do-it-yourself (DIY) work compared to 42% of older generations.
  • Only 41% of younger current homeowners know they can access a home equity line of credit to finance significant improvements to their home.
  • Sparks surveyed a national sample of 2,000 adults ages 18+ who currently own a home or plan to in the future.

Tremont Mortgage Trust Closes $13.4 Million First Mortgage Bridge Loan to Finance Acquisition of Parallax Apartments in Portland, Oregon

Retrieved on: 
星期二, 八月 3, 2021

Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $13.4 million first mortgage floating-rate bridge loan to finance the acquisition of Parallax Apartments, a 66-unit, Class A, multifamily property located at 4030 North Williams Avenue in Portland, Oregon.

Key Points: 
  • Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $13.4 million first mortgage floating-rate bridge loan to finance the acquisition of Parallax Apartments, a 66-unit, Class A, multifamily property located at 4030 North Williams Avenue in Portland, Oregon.
  • The loan is structured with a three-year initial term and two one-year extension options, subject to the borrower meeting certain requirements.
  • This loan meets TRMTs objective of investing capital into strong credit opportunities, backed by middle market commercial real estate properties and high quality sponsors.
  • Tremont Mortgage Trust (Nasdaq: TRMT) is a real estate finance company that originates and invests in first mortgage loans secured by middle market and transitional commercial real estate.

Mortgage Loan Advocate today announced their Free 38-page E-Book - The Advocates Free Home Loan Guide

Retrieved on: 
星期二, 八月 3, 2021

DUBOIS, Pa., Aug. 3, 2021 /PRNewswire-PRWeb/ -- "Best Home Loan Guide To Be Released Online In A Long Time," says the CEO at Mortgage Loan Advocate.

Key Points: 
  • DUBOIS, Pa., Aug. 3, 2021 /PRNewswire-PRWeb/ -- "Best Home Loan Guide To Be Released Online In A Long Time," says the CEO at Mortgage Loan Advocate.
  • The Advocates Free Home Loan Guide will indeed help guide you through the mess.
  • Features and benefits of The Advocates Free Home Loan Guide include:
    Be prepared for the Mortgage process and the Escrow Process when buying a home.
  • Mortgage Loan Advocate.com is an online company dedicated to providing quality content on Mortgages, Loan Modifications, Foreclosures, and ideas on resolving loan problems.

Snapdocs Joins The Mortgage Collaborative's Preferred Partner Network

Retrieved on: 
星期二, 八月 3, 2021

With its patented AI technology and connected platform, Snapdocs is on a mission to perfect mortgage closings for all.

Key Points: 
  • With its patented AI technology and connected platform, Snapdocs is on a mission to perfect mortgage closings for all.
  • Powering millions of closings a year, Snapdocs is leading the charge to modernize, streamline, and improve the mortgage process for lenders, borrowers, and settlement.
  • Every day, over 130,000 mortgage professionals rely on Snapdocs to automate manual work and digitize paper processes that plague the industry.
  • Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network.

AHP Servicing Welcomes Charles E. Halko Jr. as Chief Financial Officer

Retrieved on: 
星期二, 八月 3, 2021

CHICAGO, Aug. 3, 2021 /PRNewswire/ -- AHP Servicing , a residential mortgage special servicer, announced that Charles E. Halko Jr. has joined the company as Chief Financial Officer.

Key Points: 
  • CHICAGO, Aug. 3, 2021 /PRNewswire/ -- AHP Servicing , a residential mortgage special servicer, announced that Charles E. Halko Jr. has joined the company as Chief Financial Officer.
  • "The addition of Chuck is critical to our continued growth to become a premier special servicer," said Jorge Newbery, Chief Executive Officer.
  • Chuck brings over 30 years of experience in the financial services industry to AHP Servicing.
  • Most recently, Chuck spent 10 years at Selene Finance LP as Chief Financial Officer where he was instrumental in obtaining GSE approvals and the GNMA direct servicing contract.

Everi Announces Successful Completion Of $1.0 Billion Debt Refinancing

Retrieved on: 
星期二, 八月 3, 2021

The New Credit Facilities have an interest rate of LIBOR plus 2.50% subject to a 0.50% LIBOR floor.

Key Points: 
  • The New Credit Facilities have an interest rate of LIBOR plus 2.50% subject to a 0.50% LIBOR floor.
  • "The refinancing of our outstanding debt strengthens our balance sheet and provides Everi with substantial added financial flexibility.
  • Our improved operating performance and recent rating agency upgrades helped drive strong interest from the investment community for our refinancing transactions," said Mark Labay, Chief Financial Officer of Everi.
  • In addition, our total outstanding debt is more favorably balanced between secured and unsecured debt.