Monthly Archives: October 2013

Title company owner prison-bound after failing to pay off 34 mortgages

The owner of a title company that failed to pay off $5.3 million in unpaid balances on 34 outstanding mortgages on properties in New Jersey, Pennsylvania, Maryland and [..]

Central Valley Real Estate News

Former Virginia real estate agent now on FBI wanted poster

When real estate agent Rosita “Rosi” Vilchez was operating a residential real estate agency and mortgage brokerage in Manassas, Va., during the boom, the companies allegedly targeted “unsophisticated [..]

Central Valley Real Estate News

Marcus & Millichap IPO nets company $34.6 million

Commercial brokerage and real estate investment services firm Marcus & Millichap Inc. says it netted $34.6 million after expenses in today’s initial public offering of 6 million shares [..]

Central Valley Real Estate News

Starwood Property spinning off single-family business into REIT

Starwood Property Trust plans to spin off its single-family residential business into a real estate investment trust (REIT) to be called Starwood Waypoint Residential Trust. With $750 million [..]

Central Valley Real Estate News

SunTrust will no longer do business with mortgage brokers

SunTrust Banks Inc. will no longer accept business from mortgage brokers, Mortgage Daily reports, a move that’s likely to cut its residential mortgage originations by more than 10 [..]

Central Valley Real Estate News

Ellie Mae will add CRM to Encompass with MortgageCEO acquisition

Mortgage lending software provider Ellie Mae Inc. says it has an agreement to acquire MortgageCEO, a provider of on-demand customer relationship management (CRM) and marketing automation solutions for [..]

Central Valley Real Estate News

Trulia can keep posting home valuations pending Zillow patent ruling

Real estate property search portal Trulia can continue providing automated property valuations to website visitors while a Patent and Trademark Office appeals board considers Trulia’s claim that a [..]

Central Valley Real Estate News

ServiceLink offers mortgage servicers mobile portal for better communication with borrowers

Mortgage servicers have come under increasing scrutiny from state and federal regulators, particularly when it comes to handling loans at risk of foreclosure. A new offering from national [..]

Central Valley Real Estate News

Gruesome incidents may not be disclosed to homebuyers

Halloween is upon us and some house hunters out there may be wondering what spooky things have occurred in the homes they’re eyeing. Tales of haunted real estate [..]

Central Valley Real Estate News

Republicans block Obama’s nominee for head of Fannie, Freddie regulator

Senate Republicans have raised the ire of Democrats by blocking consideration of President Obama’s nomination of Mel Watt to lead the Federal Housing Finance Agency, which oversees Fannie [..]

Central Valley Real Estate News