Palm Desert Real Estate News

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  • Industry Veteran Mark Crisci Joins Rapidly Growing A...

    3 min ago | via Hotel Interactive 

    Azul Hospitality Group announced that Mark Crisci joined the company as Principal and Chief Investment Officer. As a seasoned industry veteran, Crisci will be responsible for expanding the company's property portfolio through direct investments and third party management relationships as well as assisting in charting overall future company direction.

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    Related Topix: Mortgage, Personal Finance

  • Solutionstar buys mortgage technology company for $3...

    5 min ago | via Business Journal 

    Solutionstar Holdings LLC, the Lewisville-based subsidiary of Nationstar Mortgage Holdings Inc., announced it has closed a $36 million deal to acquire Experience 1 Inc. Solutionstar, which provides technology to homebuyers, home sellers, real estate professionals and mortgage loan companies, announced in November its intention to purchase Title365, a subsidiary of Experience 1. The transaction allows Solutionstar to expand its technology offerings. "Acquiring Title365 underscores Solutionstar's commitment to significant, sustained investments in innovation resulting in new technologies, products and third-party business," said Solutionstar CEO Kal Raman .

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    Related Topix: Home, Mortgage, Mortgage, Personal Finance

  • Case-Shiller: Home prices in Dallas show strong gains

    6 min ago | via Business Journal 

    D.R. Horton is one of the homebuilders in North Texas building more speculative homes to keep up with demand in the region. Photographer: Daniel Acker/Bloomberg Despite some difficulties in the national housing market, Dallas area home prices continued to rise in November by 7.7 percent year-over-year, according to the latest S&P/Case-Shiller report.

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    Related Topix: Dallas, TX, Housing, Home, Mortgage

  • Pulaski Financial Reports 30% Increase in First Quar...

    Dec 31, 2013 | via Business Wire 

    Annualized return on average assets was 0.93% in December 2014 quarter compared with 0.81% in last year's quarter Annualized return on average common equity for December 2014 quarter at 10.91% versus 8.83% in December 2013 quarter Net interest income up 7% as the result of substantial loan growth partially offset by a decline in the net interest margin Mortgage revenues up 43% on increases in loans originated for refinancing and home purchase activity combined with an improvement in the net profit margin Non-interest income was bolstered by the partial insurance recovery of a fraud loss perpetrated by a commercial loan customer in fiscal 2013 and by increased profits on sales of SBA loans Deposits up $76.7 million, or 8%, on substantial growth in municipal and public entity deposits, and to a lesser extent, growth in commercial and retail deposits Book value per common share grew to ... (more)

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    Related Topix: Banking, Financial Services, Pulaski Financial, Home, Mortgage, Mortgage, Personal Finance

  • Jay BrinkmannClearing the Road for GSE Reform

    9 min ago | via National Mortgage News 

    With conservatorship of Fannie Mae and Freddie Mac well into its seventh year, the government has now had control of the housing agencies longer than 47 members of the Senate have been office. This delay speaks volumes about the complexity and magnitude of the issue and the competing interests involved.

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    Related Topix: US News, Home, Mortgage, Mortgage, Personal Finance

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