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Author: SouthBay

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U.S. Bank to promote Jodi Richard to vice chairman

U.S. Bank recently announced it will promote Jodi Richard to vice chairman and chief risk officer, following current Vice Chairman Bill Parker’s plans to retire in the upcoming months. Richard …

Market

More than Six Million Homes Missing From U.S. Housing Market

It would take five years at the current building pace to add these homes from Zillow MediaRoom – Press Releases (Housing Market/Rental Research) https://ift.tt/2P91Xc7 via IFTTT

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Ask the Underwriter: Can the Seller & Lender Credits exceed the total amount of closing costs and prepaids?

If the lender and seller credit are more than the closing costs can we use the excess credit to cover part of the down payment? Here’s what you need to …

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Despite tech migration to Seattle, the Silicon Valley MSA is still growing

Although some of its high-tech workforce gravitates up to Seattle firms, the population continues to grow in California’s San Jose-Sunnyvale-Santa Clara Metropolitan Statistical Area, while both unemployment, at 2.6%, and …

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Monday Morning Cup of Coffee: C2 Financial cutting ties with Quicken Loans this week

“We’ve been growing their business a while and we offer extremely competitive pricing. We thought we were doing a good job. C2’s owner, Ron Tomko, actually told us that himself, …

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Finance lawyer Michael McElroy joins Mayer Brown

Mayer Brown announced it has named finance attorney Michael McElroy as a partner resident in its Washington, D.C. office. McElroy, who joins the firm after serving as the general counsel and …

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Marcus & Millichap hires multifamily ace to run its financing division

Marcus & Millichap hired David Shillington to lead its financing arm. Shillington will serve as president of Marcus & Millichap Capital Corporation and brings over 30 years of experience to …

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Straight talk about independent mortgage bankers

Independent mortgage bankers have increasingly been in the news of late. Ten years after the 2008 housing crisis, the strong trends of IMB growth in mortgage lending continue as banks …

Owner Tips

Samsung FlexWash/FlexDry Inspired Laundry Room Makeover

Nothing beats the sense of accomplishment you feel when you truly do it yourself. Read on to see how Rachel completely transformed her entire laundry room with the help of …

Market

The U.S. Will Gain 23 New $1 Million Cities Within the Next Year

There are currently 197 cities in the U.S. with a median home value of $1 million or more, with 33 of those cities breaking the $1 million threshold in just …

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