Industry Watch: A new acquisition for Guild Mortgage and more

Guild Mortgage acquired First Centennial Mortgage, a privately held residential mortgage lender headquartered in Illinois with branches predominantly located in the Midwest. First Centennial Mortgage was founded by brothers Steven and David McCormick in 1995. The terms of the acquisition were not disclosed. Nations Lending announced the opening of its newest branch in Minneapolis. Scott […]

Optimism Is Essential

Rose-colored glasses aren’t needed if you look at the housing market in this light

Finding sunny spots in a stormy office sector

While it might not seem possible, the mood around the U.S. office market got even gloomier this summer as a variety of media reports painted the commercial real estate sector as being in disarray and distress. The news was bad everywhere, including the Big Apple, where New York Magazine’s July cover story used the banner […]

Lessons Must Be Learned

After the recent bank failures, mortgage lenders should seek new risk management strategies

International Investments: Singapore

With about 6 million citizens, the east Asian city-state of Singapore doesn’t even crack the top 50 among the world’s largest cities. But it happens to be the third most-densely populated nation in the world at 47,000 people per square mile. And even though Singapore has been an independent country for less than 60 years, […]

A Promising View

Ongoing challenges aren’t deterring fix-and-flip investor activities