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Loan mod scheme from 2009 finally gets settled at $4.6M

Housing Wire

According to the DOJ, from 2009 through 2015, Lindeman and his wife targeted Hispanic homeowners through Spanish-language advertising that promised to cut mortgage payments in half. Kourouklis ran a company called Summit Development Solutions USA, LLC , which provided mortgage modification services to clients of ALG.

Law 355
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Mortgage Educators and Compliance acquired by 360training

Housing Wire

Approved by the Nationwide Multistate Licensing System (NMLS) since 2009, MEC specializes in online mortgage and financial services professional development. MEC prides itself as a “one-stop online resource for all things mortgage training and education.”

Mortgage 387
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PunchList USA names chief product and data officer 

Housing Wire

Pampulov will be responsible for the development of PunchListUSA’s proprietary products, data infrastructure, home lifecycle services, and predictive pricing models, according to the firm. “I Pampulov comes to PunchList USA with two decades of experience in real estate data strategy and product development.

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Chris Rochon Joins Business Development Team

Lamacchia Realty

After spending over a year as a REALTOR with Lamacchia Realty, Chris Rochon has made the exciting jump to the Business Development team. John Millen Director of Business Development Early on with his time at Lamacchia Realty, Chris was drawn to working with the Business Development team. Welcome Chris!”

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Shaun Donovan is named Enterprise Community Partners CEO

Housing Wire

Department of Housing and Urban Development ( HUD ) and former director of the U.S. Donovan, who served during the full eight years of the Barack Obama administration, bring to the role nearly three decades of housing policy and community development initiative experience. Shaun Donovan, the former secretary of the U.S.

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As vacant foreclosures increase, so does buyer interest

Housing Wire

“We still have vacancy and blight issues but they are not crippling as they were a decade ago,” said Ian Beniston, executive director at the Youngstown Neighborhood Development Corporation (YNDC), a nonprofit community development corporation in Youngstown, Ohio. In 2008, 2009, it was triage. Rising demand for vacant distress.

Buyers 339
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Investors turn their eyes to affordable housing opportunities

Housing Wire

We’re seeing statistics from our developers across the country that their portfolios are holding up well,” he said. There’s a growing sense that affordable housing is a stable investment class for banks and insurance companies; even in the 2008 – 2009 recession, it held up well.”.

Investors 425