Knowledge is Key for Investors to Capitalize on Opportunities


first_img Demand Propels Home Prices Upward 2 days ago About Author: Xhevrije West The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Market Studies, News The Week Ahead: Nearing the Forbearance Exit 2 days ago The housing market has made its way back from crisis times, but investors still face unexpected challenges. The key to investors’ ability to capitalize on opportunities that exist is knowledge.Participants in the Investment Lab at the 12th Annual Five Star Conference and Expo on September 17 delved into the investment strategies and discussed how to be successful in a highly competitive market. Industry panelists from a number of companies came together in the lab to talk about regulation, non-depository lending, mortgage servicing rights, and REO to loan products in the three and a half hour lab.The director of the lab, David Tobin, a principal at one of the industry’s most respected loan sale advisory firms, Mission Capital Advisors. Tobin has extensive experience in loan sale advisory transactions, investment banking and commercial real estate debt, and equity raising.To kick off the conversation, Phil Comeau, CEO of Phillip E. Comeau Company, Inc., discussed the topic of regulatory challenges in the investment space by asking attendees to raise their hands if they were not familiar with the TILA-RESPA Integrated Disclosure (TRID) rule. To his surprise, the majority of attendees raised their hands indicating their unfamiliarity with TRID.Of the rule and the lack of knowledge demonstrated by the audience, Comeau said, “TRID will fully bake over the next decade,” and also noting that “TRID is a solution looking for a problem.”Jeremy Burcham, chief strategy officer at The Compliance Group added, “TRID will pose challenges well after the effective date, it’s one of those regulations that people are worried about overcoming it instead of complying with it.”As for TRID’s direct impact on the investment space, Tim Herriage of Herriage Holdings, LLC, said that the rule will be “good for the investment business and flipping will be slowed, which will stabilize the industry and reduce margins.”Josh Stech, VP of Business Development at LendingHome told DS News that the results of a recent investor poll by the company discovered that investors would like to diversify deal sourcing, add new exit strategies, save on capital costs, and borrow more money.”As a lender at LendingHome, the problem is creating a better, simplified mortgage process with the ability to have a one-stop shop for borrowers,” Stech said. “This is something that is needed nationally and we believe we are doing a great job of moving toward this goal.”Technology was deemed as one of the biggest issues in lending.Mark Filler, CEO of Jordan Capital, noted that non-depository lending positively impacts investment strategies due to the “wider range and variety of programs that are available compared to a couple of years ago.”In addition, David Caballero, CEO of Home Servicing addressed the REO to loan product, while Jason Shapiro, regional head of B2R Finance discussed single-family rental investments.Editor’s note: The Five Star Institute is the parent company of DS News and DSNews.com. Tagged with: 2015 Five Star Conference and Expo Housing Market Investment Strategies TRID Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Knowledge is Key for Investors to Capitalize on Opportunities September 18, 2015 1,042 Views Sign up for DS News Daily Subscribe Servicers Navigate the Post-Pandemic World 2 days agocenter_img Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. Share Save Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Knowledge is Key for Investors to Capitalize on Opportunities The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Law Firms Up Against Foreclosure Statute of Limitations, Maintaining a Pipeline Next: Five Star, Auction.com, Operation Homefront Honor Veterans With Mortgage-Free Homes Servicers Navigate the Post-Pandemic World 2 days ago 2015 Five Star Conference and Expo Housing Market Investment Strategies TRID 2015-09-18 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Postlast_img read more

Asian man stabbed in back in Chinatown, suspect charged with attempted murder as a hate crime


first_imgBen185/iStockBy AARON KATERSKY and EMILY SHAPIRO, ABC News(NEW YORK) — A 23-year-old has been charged with second-degree attempted murder as a hate crime after allegedly stabbing a 36-year-old Asian man in the back in New York City’s Chinatown, police sources said.Salman Muflihi, of Brooklyn, allegedly pulled an 8-inch knife on the victim at about 6:20 p.m. Thursday, according to police sources.The victim was taken to Bellevue Hospital in critical condition, sources said.After the attack Muflihi ran to a security guard outside the nearby Manhattan District Attorney’s Office, allegedly telling the guard, “I just stabbed someone. Where are the police at?” sources said.Muflih allegedly told detectives that he “didn’t like the way” the victim “looked at him,”Muflihi was also charged with assault, forgery and criminal possession of a weapon, according to police sources.Violence against Asians has been growing since the pandemic.Between March and December last year, the organization Stop Asian American and Pacific Islander Hate recorded nearly 3,000 reports of anti-Asian hate incidents nationwide.The New York City Police Department reported a 1,900% increase in anti-Asian hate crimes last year.Copyright © 2021, ABC Audio. All rights reserved.last_img read more

Down Grades: Beat writers give final evaluations for 2014 Syracuse football season


first_img Published on December 2, 2014 at 12:46 am Facebook Twitter Google+ SuperlativesSuperlatives were discussed by The Daily Orange’s football beat writers and decided upon by a consensus.MVP: Riley Dixon (punter)Offensive MVP: Steve Ishmael (wide receiver)Defensive MVP: Cameron Lynch (outside linebacker)Biggest disappointment: The running backsBest unit: LinebackersCoaching MVP: Chuck Bullough (defensive coordinator)Best win: Central Michigan (40-3, Sept. 13)Worst loss: Maryland (34-20, Sept. 20)Biggest takeaway: Zaire Franklin (linebacker)Rookie of the year: Steve Ishmael (wide receiver) Comments AdvertisementThis is placeholder textlast_img

Aladin Isaković is the new player of FC ‘Travnik’


first_imgFC ‘Travnik’ has acquired new football player –  Aladin Isaković.Isaković is a 27 year old former player of Žepče and Čelik who came to Travnik from German club SV Heimstetten. He’s midfield – defensive midfield player, who can also play as a striker.”I’m glad that the talks concerning my transfer to Travnik have  ended. I train hard and I hope that I’ll be ready to play at the level that is necessary for Premiere League. FC Travnik is a good club, and I hope it’ll remain in BiH Premiere League”, said IsakovićIn the winter break, FC Travnik acquired 7 new players: Pjanić, Grabus, Čurić, Hećo, Turković, Pljevljak and Isaković.last_img