Fitch Ratings has affirmed National City Bank’s (NCB, formerly National City Mortgage Co., NCM) U.S. residential servicer ratings as follows: These rating actions reflect NCB’s experienced management team, comprehensive controls, and proficient loan administration practices. The ratings also reflect its financial strength (rated ‘A-/F2′, Rating Watch Positive, by Fitch). The servicer ratings were formerly assigned to NCM, which was merged into NCB on Oct. 1, 2008. Servicing...
The U.S. Department of Housing and Urban Development HUD recently implemented new regulations for the HECM (Home Equity Conversion Mortgage) loan, increasing the federal insurance of that product. As a result, the FHA now will be insuring their reverse mortgage loans at a higher loan limit than before. Generation Mortgage Company(TM) has responded and is pleased to announce an increase in its lending limits. Earlier this month, the U.S. Department of Housing and Urban Development, through the new...
Windermere Real Estate announced today the unveiling of their new homepage and search interface on the company’s website, Windermere.com. The new website simplifies how consumers start their home search by featuring a clear and familiar method to Internet searches: a single search box. The new homepage can be seen at www.windermere.com. Windermere’s user-centered redesign is in response to consumer research which found that homebuyers want simple, easy-to-use navigation that allows them...
As the economy continues to decline and more consumers find themselves affected by the credit crunch, many are wondering how they can protect themselves and be smart with their money. Consumer Education Services, Inc. (CESI), a nonprofit consumer credit counseling service, has released a list of four ways consumers can protect their money in the current economic environment. 1. Plan ahead The most important thing you can do with your money in any economy is to plan ahead. Stash emergency cash and...
Despite the concerns about the availability of credit, 75% of the commercial real estate executives surveyed said they would not be any less likely to construct “green” buildings. Green buildings are designed to be more efficient in their use of energy, water and other resources and to create better environments for occupants. In total, 754 commercial real estate executives were surveyed for Turner Construction Company’s 2008 Green Building Market Barometer. Turner’s 2008...
WestsideRentals.com, the leading home finding service in California, announced today a plan that would help fire victims whose homes were lost or damaged due to the recent blazes by offering a free Westside Rentals membership and waving home security deposit fees. Founder and owner Mark Verge made the offer days after the California fires blackened over 42,000 acres consuming nearly 65 square miles and burning more than 1,000 homes since Thursday night prompting Governor Arnold Schwarzenegger to...
The Mt. Diablo Region YMCA’s Irvin Deutscher Family branch facility, announced today the launch of the Together We Build campaign to raise $400,000 to renovate a significant portion of the facility. Through generous contributions from the community and the YMCA advisory board, the capital campaign has already finished the first phase of the capital campaign, which included a top-rated sports and recreation outdoor area, as well as new family locker rooms and much needed additional parking. Source:...
United Hopes, Inc. (UHI) is pleased to announce the opening of Lakeshore Apartments, their latest addition to affordable housing, which will be officially introduced with a ribbon cutting ceremony at 10 a.m. on Wednesday, November 19, 2008 in Tuskegee, AL. Lakeshore Apartments, which is located at 205 Lakeview Road, is a 34-unit USDA 515 financed project that was nearing the end of a 20 year hold period, which mandated low cost housing for lower income residents of Tuskegee by instituting rent controls...
Institutional Real Estate, Inc. (IREI), a publishing and consulting firm focused on serving the institutional property marketplace, has launched The Institutional Real Estate Letter – Asia Pacific at the Editorial Advisory Board meeting held in Kyoto, Japan, November 4–6. The first issue is scheduled for January 1, 2009. The publication will be a preeminent information source for Asian institutional real estate investors, including pension funds, insurance companies, sovereign wealth funds, family...
Frommelt Products Corporation introduces Zoneworks™ (www.zoneworks.com): the first global company to custom design, manufacture, and market flexible fabric wall systems that give industrial and commercial users a highly adaptable and cost-effective means to achieve environmental control and separation of large interior spaces, while eliminating the need to construct or relocate permanent walls. Zoneworks’ flexible barrier systems are constructed of technically-advanced, industrial-grade fabric...
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...
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