Sequoia Equities, Inc. today announced the acquisition of the Cross Pointe Apartments, located on the border of Brentwood and Antioch, two of California’s fastest growing cities. Built in 2003, this 244 unit luxury apartment community totals 220,840 square feet, and includes 15 two and three-story residential buildings and two single story buildings containing a management office, fitness facility, and clubhouse. Situated adjacent to the region’s...
November 22, thousands of people from the D.C. metropolitan area came together on the National Mall for the 21st annual Help the Homeless Walkathon. The Help the Homeless Program provides assistance to 165 organizations that work to prevent and end homelessness. The program also seeks to educate people about the issues facing homeless people. “We are facing one of the most serious housing and economic crises in our lifetime. In trying economic...
Fannie Mae will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption: Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in...
In order to support the streamlined modification program announced on November 11, 2008, Fannie Mae (NYSE: FNM) issued a notice to its loan servicing organizations and retained foreclosure attorneys directing them to suspend foreclosure sales on occupied single-family properties as well as the completion of evictions from occupied single-family properties scheduled to occur from November 26, 2008 until January 9, 2009. The temporary suspension of...
Freddie Mac (NYSE: FRE) announced it has ordered its national network of mortgage servicers and foreclosure attorneys to suspend all foreclosure sales and evictions involving occupied single family and 2-4 unit properties with Freddie Mac-owned mortgages between November 26, 2008 and January 9, 2009. The suspension will help servicers implement the Streamlined Modification Program recently announced by Freddie Mac, Fannie Mae, the Federal Housing...
AllRegs, the leading information provider for the mortgage industry, announced that its Fair Credit Reporting Act (FCRA) coursework has been approved for continuing legal education (CLE) credit by the State Bar of California and the Florida Bar Association. The coursework is delivered through the organization’s education division, AllRegs Academy. “As mortgage regulations continue to evolve based on Congress’ response to recent market changes,...
As home values continue their downward spiral and the U.S. grapples with the far-reaching effects of the economic meltdown, many homeowners are looking to the future with trepidation. Many homeowners are unsure of their homes’ current market value – for most, their largest investment – and don’t want to pay for a full appraisal or rely on valuation models to find out what their home is worth. Enter Similar Sales, Inc. (http://www.similarsales.com),...
The Federal Housing Finance Agency (FHFA) announced that the “new” conforming loan limit for 2009 will remain at $417,000 for most areas in the U.S., unchanged since 2006. Loan limits for high-cost areas, including California, are capped at $625,500, down from the previous $729,750 limit. Loan limits for many areas of the state do not reach this lower threshold and are dramatically reduced from 2008. “Although price declines mean that the total...
Centerline Capital Group, a subsidiary of Centerline Holding Company, an alternative asset manager focused on commercial real estate funds and financing, today announced it closed the last of nine multifamily housing loan transactions. All loans were transacted in 2008 with Fannie Mae under its DUS program on behalf of a single borrower for a total of $131 million. Centerline provided the refinancing for a portfolio of eight South County apartment...
Despite national news media reports, there is plenty of mortgage money available for New Jersey and New York homebuyers with verifiable incomes and assets and good credit, according to officials of K. Hovnanian Homes, New Jersey’s largest homebuilder. In addition, the company is offering special mortgage plans based on standard 30-year fixed-rate mortgages on specific communities and homes. For instance, K. Hovnanian is buying down standard fixed-rate...
The Contour Lounge Chair by Murillo
Murillo, the Philippines based manufacturer has been involved in manufacturing furniture and...
Contemporary Office Designs from Triple Five Design
Looking for modern interior inspiration for your office, here we got some preview of the contemporary...
The Gallery House designed by architect Richard Librach
Today’s modern house inspiration is coming from Richard Librach Architect, Toronto-based...
The Riedel Amadeo Decanter from Williams-Sonoma
Williams-Sonoma, the company that serves cookware, cooks stool, cutlery, electrics, bakeware,...
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