It’s a true family affair for property management platform BuildingLink, as the company announced this week that the company’s executive vice president of sales, Zachary Kestenbaum, is being elevated to CEO. Kestenbaum replaces his father, Jerry Kestenbaum, who founded the company 19 years ago and has led it ever since.
New Penn Financial is expanding on its financing options for condominiums. The lender announced this week that it is rolling out non-agency loans for condos. The new loan product, called SmartCondo, is the newest loan in the lender’s SMART Series, a collection of non-agency loans that provide a variety of options for “highly qualified borrowers.”
The Amazon effect; technology; low volumes; and changing customer preference have put the mortgage industry in a state of disruption. How do you keep abreast and survive in these tumultuous waters? Chris Heller has some answers.
[Expert commentary] One retail loan officer after another is leaving retail lenders to either start their own mortgage broker shop or join a mortgage broker because they want access to more products, better technology and better pricing than they have at their retail lender.
There was a significant increase in mortgage fraud risk at the end of the second quarter of 2018, according to Corelogic’s latest Mortgage Application Fraud Risk Index. CoreLogic’s Principal of Fraud Solutions Strategy Bridget Berg said this year’s trend continues to show an increase in mortgage fraud risk year-over-year.
Mortgage rates climbed for the third consecutive week, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said the one-two punch of strong job and consumer credit growth drove mortgage rates up to their highest mark since the second of August.
Keller Williams is continuing to add new technologies to help its real estate agents succeed, announcing recently that it is teaming up with CognitiveScale to bolster KW’s artificial intelligence infrastructure.
Representing a shift from the typical homebuying journey 10 years ago, consumers are learning the benefits of getting their finances in order before searching for homes.
Homeowners along the East Coast need to be ready for the hurricane. Share NAR’s Disaster Preparation Resource page with your clients now.
Find out the most common scams that are costing landlords thousands of dollars.
Karin Comeaux
Compass Realty & Management
8880 W Sunset Rd, Ste 290
Las Vegas, NV 89148
(702) 328-4114
(702) 586-1616
