Sunday, 08 December, 2019

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Former Major League Baseball star Jimmy Rollins has sold his home in Encino to Grammy-winning producer-songwriter Philip Lawrence for $10.55 million in a deal completed off market. The gated neoclassical-vibe house, built in 2017, has 14,900 square feet of polished living space, a gym, a home theater and indoor and outdoor swimming pools. Two curving staircases bookend the entry, which Read more…


What are the chances that one of the three remaining original Beach Boys would be a player in the current real estate market and the former home of another would be up for grabs? This week’s collection also includes properties associated with a best-selling novelist, a boxing champion and a king (of sorts). Our Home of the Week is a Read more…


On Tuesday, the Senate Committee on Banking, Housing and Urban Affairs will hold a hearing to discuss the nomination of Brian Montgomery as Deputy Secretary of the Department of Housing and Urban Affairs. Under this role, Montgomery, who also serves as HUD’s Assistant Secretary for Housing and Federal Housing Commissioner, would manage the day-to-day operations of the agency and assist Read more…


Dana Dillard, EVP, Corporate Social Responsibility at Mr. Cooper, recently spoke with DS News about the struggles with keeping their customers in the loop. “Most customers don’t understand very much about their mortgage,” Dillard said. “We’re trying to build technology around it, but its complex, so how can we offer automation, how can we be efficient, how can we be Read more…


Celebrity chef Giada De Laurentiis, star of Food Network’s “Giada at Home,” has sold her scenic Pacific Palisades home for the full asking price of $7 million. Found in Via Bluffs, the contemporary home backs up to Potrero Canyon Park, taking in sweeping views of the ocean and Santa Monica Mountains. Inside, an indoor-outdoor interior fits five bedrooms and 5.5 Read more…


Arizona has a new price champion. In Paradise Valley, the palatial estate of Phoenix Suns owner Robert Sarver has sold for a whopping $19.25 million, making it the priciest residential real estate transaction in state history. The Spanish villa spans 28,000 square feet, taking in sweeping views of Camelback Mountain, as first reported by the Arizona Republic. In addition to Read more…


Long a popular retirement harbor for gay men, Palm Springs will soon welcome what’s perhaps the ultimate queer golden-age ticket: a luxury condominium community designed for active LGBTQ seniors. Set to break ground in January, the $60-million $70-million amenity-rich Living Out complex is the vision of longtime developer partners Paul Alanis and Loren Ostrow of Los Angeles-based KOAR International. Located Read more…


Fannie Mae and Freddie Mac have jointly announced the appointment of Anthony N. Renzi as CEO of Common Securitization Solutions, LLC (CSS), effective December 2, 2019. Renzi succeeds David Applegate who announced earlier this year that he would be stepping down as CSS CEO by year-end. The appointment is the result of a nationwide search for qualified candidates to lead Read more…


In a hearing before the House of Representatives Financial Services Committee this week, The Honorable Brian Montgomery, Commissioner of the Federal Housing Administration (FHA) gave an update on the FHA in 2019, with a focus on how the Administration is improving its ability to promote access to homeownership, particularly for underserved borrowers. In his statement, Montgomery discussed HUD’s Housing Finance Read more…


Here’s a look at what roughly $300,000 buys right now in the mountain communities of Big Bear, Lake Arrowhead and Running Springs in San Bernardino County. BIG BEAR: Perched in Moonridge, this cozy cabin on a corner lot takes in views of Big Bear’s ski resort slopes. Address: 1191 Alta Vista Ave., Big Bear, 92314 Listed for: $285,000 for three Read more…


Music executive and producer Antonio “L.A.” Reid has listed his modern mansion on the Westside of Los Angeles for sale at $22.9 million. He bought the place for $17.99 million three years ago, the Los Angeles Times previously reported. Built in 2015, the multilevel house is set on a one-acre ridge near Stone Canyon Reservoir with city, canyon and ocean Read more…


NBA big man Aron Baynes, who’s currently enjoying a career year with the Phoenix Suns, is finding success off the court as well. After being traded by the Celtics over the summer, he just sold his townhouse outside Boston for the full asking price of $1.699 million. That’s $114,000 more than he paid shortly after inking a two-year deal with Read more…


The U.S. Department of Housing and Urban Development (HUD) announced the allocation of more than $2.3 billion to support long-term disaster recovery process in 15 states, including Puerto Rico, the U.S. Virgin Island, American Samoa, and the Commonwealth of the North Mariana Islands.  Funds are supported through HUD’s Community Development Block Grant and will address damaged housing, businesses, and infrastructure Read more…


in Daily Dose, Featured, Market Studies, News 4 hours ago 29 Views Scott Brinkley is the CEO of a360inc. Heading into 2020, Brinkley spoke with DS News at the 2019 Five Star Conference and Expo on challenges and trends facing mortgage servicing, technological advancements, and the economy. “Some of the general trends I’m seeing right now is a head toward Read more…


The Federal Housing Finance Agency (FHFA) recently released the latest report on the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac.  The Enterprise Non-Performing Loan Sales Report includes information about NPLs sold through June 30, 2019 and reflects borrower outcomes on NPLs sold through December 31, 2018 and reported through June 30, 2019. The sale of NPLs Read more…