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Tane Cabe talks reverse mortgage industry challenges, software development

Housing Wire

They’re a more forward-thinking broker, and there has been lots of activity with the HECM Tool, which is a software application that I developed. Tane Cabe “C2 is a good place for me to hang my license,” he said. Sometimes it goes smoothly, sometimes it doesn’t, and it’s the good and the bad that you have to take.

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Xactus Names Danielle Walker SVP, Business Development

Appraisal Buzz

Danielle Walker has been promoted to senior vice president, business development, at Xactus. Previously she served as vice president, product development. The post Xactus Names Danielle Walker SVP, Business Development appeared first on MortgageOrb.

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Corcoran hires new SVP of global development

Housing Wire

Scott Mitchelson is joining The Corcoran Group as senior vice president of global development, the company announced on Tuesday. In his new role, Mitchelson will lead the expansion of the Corcoran brand both domestically and internationally while working closely with the Corcoran affiliate network’s existing sales team.

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Former Ginnie Mae president applauds the development of new HMBS product

Housing Wire

Ted Tozer, former president of Ginnie Mae during the Obama administration and current president Alanna McCargo’s most recent Senate-confirmed predecessor, applauded the news that the company is looking into the development of a new Home Equity Conversion Mortgage (HECM)-backed Security (HMBS) product. That’s all it says.”

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‘Abandoned’ Bay Area land will be developed into housing

Housing Wire

Encinal Terminals, a 32-acre plot of land that formerly operated as a shipping terminal on the north side of Alameda, California, will be developed into a new housing development in an effort to bolster the supply of one of the most expensive areas in the country. This is according to reporting at the Mercury News and the Alameda Post.

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Multifamily developer sentiment slips during Q1

Inman

According to NAHB, multifamily developers are feeling less confident in the market for new builds as high interest rates lead to difficult lending conditions.

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Opinion: Don’t let red tape strangle city development

Housing Wire

I grew up in Houston, and I’ve seen the benefits and the pitfalls of real estate development in perhaps the most lightly regulated city in the United States — a place where developers don’t fret about complex building regulations, because such regulations simply don’t exist. The results are uneven, but can be inspiring.