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William Raveis acquires Nantucket-based Jordan Real Estate

Housing Wire

Co-owners Gloria Grimshaw and David Callahan acquired the brokerage from founder Lucille Jordan in 2007. The brokerage opened a full-time office known as William Raveis Nantucket on the island’s historic Main Street in 2007. Several JRE agents serve on local boards and nonprofits across the island.

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Steve Harney, founder of Keeping Current Matters, has died

Housing Wire

He became a top-producing real estate agent in the area and in 1991 became the manager of the largest office for Prudential Long Island Realty , training agents throughout the East Coast markets. In 2007 Harney founded Keeping Current Matters to help agents understand what was happening in the run-up to the great financial crisis. “He

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How JVM Lending plans to expand without any loan originators

Housing Wire

After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 418
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Deephaven CTO on building a non-QM tech stack

Housing Wire

If the broker brings us a client, Deephaven gets the loan across the finish line in partnership with that broker. But behind the scenes, we let them train an AI model and machine learning model that says, okay, based on the inputs you give me, now we’ll let the system learn. And it becomes a training feedback loop.

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Risk of mortgage fraud is on the rise in the current market

Housing Wire

Rising rates slowed the rate-term refinance train in the fourth quarter of last year, according to the CoreLogic report, moving the market toward purchase loans — and increased mortgage-fraud risks. Million — [Tampa, Florida]. CoreLogic’s most recent quarterly fraud report showed that its Application Fraud Risk Index jumped by 10.4%

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Lamacchia Realty Announces Top Producing REALTORS® for October 2024

Lamacchia Realty

Her reason for becoming a real estate agent is to continue her desire to work with people and have clients be as happy with their lifestyle as she is providing it to them. Her desire to help her clients earned Shauna the title of  Rising Star in the September 2021 issue of the South Shore Real Producers Magazine !

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Good Service Is Sustainable

Appraisal Buzz

The company—was established “to provide portfolio managers with reliable and high-quality outsourcing services to manage their REO assets”—launched just before the 2007-2008 financial crisis, a time when REO inventories were abundant as the nation navigated wide-spread foreclosures, bank collapses, and economic strife.

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