The Streets of Buckhead Pursues Certification for Environmentally Friendly Building and Construction

A lifelong resident of Atlanta, Ben Carter has made an environmental commitment to the community by seeking Leadership in Energy and Environmental Design (LEED) certification for his company’s luxury mixed-use development, The Streets of Buckhead. Featuring more than 500,000-square feet of world-class retail, dining and residences, The Streets of Buckhead will be one of the country’s most expansive and affluent developments to be awarded Silver... 

Real Estate Leaders Support Green Innovation

Enterprise, today, announced that the 2008 ULI Fall Meeting and Urban Land Expo will be completely carbon neutral as a result of funding from the Enterprise Green Communities Offset Fund(TM). Enterprise will “offset” all the emissions of carbon dioxide generated by the meeting by providing funds to reduce an equivalent amount of emissions in environmentally sustainable affordable housing developments participating in Enterprise’s... 

Cogent Road Launches Recovery Strategy

Cogent Road, a provider of Internet-based applications for the mortgage industry, announced the launch of Recovery Strategy, a system enabling loan officers to recover and qualify initially declined applicants to help maximize their borrowing power. Cogent Road’s Recovery Strategy is a new feature of the company’s Funding Suite, a tool that uses an automated process to enable mortgage originators to evaluate borrowers’ credit reports, and was... 

Niche Company Noble Capital Taps Opportunities in Unsteady Market

In the chaos of subprime mortgage meltdowns, worldwide credit crunches, falling stock prices and bail-outs, a small group of real estate investment banks in Texas are weathering the storm and even thriving by offering investors steady returns on investments. Austin-based Noble Capital is one example. This private lending firm is gaining traction as one of the region’s dominant players by offering lower-risk investments that have maintained a... 

Lenders Benefit from QuestSoft and OpenClose Partnership, More Streamlined Compliant Loan Origination Capabilities

QuestSoft, a provider of compliance software and geocoding services for lenders, and OpenClose, developers of Web-based, end-to-end mortgage lending software, announced today at the Mortgage Bankers Association’s 95th Annual Convention and Expo announced the integration of QuestSoft’s automated compliance tool, Compliance EAGLE, with OpenClose’s loan origination software (LOS). Compliance EAGLE is the only automated compliance solution to be... 

MI Developments announces changes to Magna Entertainment bridge loan and project financing facilities

MI Developments Inc. announced that it and one of its wholly-owned subsidiaries have agreed to increase and extend the bridge loan provided in September 2007 to Magna Entertainment Corp. and to extend the deadline for repayment of certain amounts under the project financing facility provided in connection with MEC’s racing and alternative gaming facilities at Gulfstream Park in Florida. The increase and extensions are intended to permit MID... 

Titan Lenders Corp and Bay Docs Partner on HECM Outsource Service

Titan Lenders Corp, a mortgage back office fulfillment services provider specializing in closing, funding, and post closing services and Bay Docs, Inc., an expert document services provider to lenders in the reverse mortgage industry, have partnered to create a complete HECM outsource solution for mortgage lenders that want to accelerate their entry to the reverse mortgage market. Titan Lenders Corp is an outsource variable cost solution alternative... 

China Housing & Land Development Secures Additional Bank Funding and Begins Construction of Its Third Dam on the Ba River

China Housing & Land Development, Inc., announced that it recently began constructing its third dam on the Ba river, adjacent to the company’s 487-acre Baqiao housing project. The dam is expected to be completed in the second quarter of 2009. The company expects to record $3.7 million in revenue and about $0.6 million in net income when the dam is finished. The dam will create a large lake about three meters deep on the Ba River that will increase... 

d-CON(R) Brand Launches New Moldable Pest Control Bait Paste Pouches(TM)

d-CON®, a trusted authority in rodent control products, announces the launch of d-CON® Bait Paste Pouches™. These new flexible pest control bait pouches are the next generation in rodenticides. d-CON® Bait Paste Pouches™ have the unique ability to be molded and shaped to fit tight spaces, especially where conventional pest management products typically cannot fit. Unlike other bait options, this flexibility safely places bait out of reach of... 

California Receives More Than a Half Billion Dollars to Rejuvenate Neighborhoods Hit Hardest by Foreclosures

California received $529 million from the federal Housing and Urban Development (HUD) Department to help renovate and rehabilitate foreclosed homes, eliminate blight and reinvigorate and stabilize the affected neighborhoods. Of those funds, the California Department of Housing and Community Development (HCD) will administer $145 million to local jurisdictions who do not get money directly from HUD. “This money will rejuvenate neighborhoods and communities...