| First Commercial Lender in Calyx Network, Silver Hill(R) Makes Program ...
MIAMI, Nov. 7 /PRNewswire/ -- Silver Hill Financial, LLC (www.silverhillfinancial.com), a leading national real estate lender specializing in small-balance commercial loans, is the first commercial lender integrated into the Calyx Network. Silver Hill Financial(R) is now included in the lender category of Calyx's Point(R) loan origination system (LOS) software, the country's leading LOS according to Wholesale Access' Mortgage Broker Study. This milestone is important to mortgage professionals because the integration makes it more convenient to submit commercial loans through a common origination platform. In addition, Silver Hill's inclusion in Point enables an easier transition from residential to small-commercial lending. "Silver Hill is excited to join Calyx in further bridging the gap between residential and small-balance commercial lending," said Joanna Schwartz, Managing Director of Silver Hill(R).
Eagle’s Rest gets 2 bank notices
Two notices of mortgage foreclosure totaling almost $1 million against the controversial Eagle's Rest development were filed in the Freeborn County Recorder's Office during the last four months, according to reports obtained Thursday.The first foreclosure notice, for $50,000, was filed in July and has since been resolved. It is unknown today whether the second notice, for $937,500, still stands. It was filed earlier this month.The Tribune attempted to reach the bank Thursday and this morning. The person with American Bank who could speak about the matter was unavailable for comment.Eagle's Rest, which has caused much debate since it was announced in 2006, is being built on the former century-old, 18-hole Albert Lea Golf Club by commercial developer Scott LaFavre.The two mortgages, one of which was filed in May of 2006 and the other of which was filed in May of this year, were both obtained from American Bank of St.
Expats risking it all in Bulgaria (Brits Abroad By Ben Richardson ...
Property is a key factor in the march of expat Britons around Europe. But the reality is far removed from the dream of massive returns in former Eastern bloc nations.
James Flint is a property developer in Bulgaria who does not mince his words when talking about some of the would-be UK real estate investors jetting in.
"The way many of them act, there must be a locker at Heathrow where they check their brains in before boarding a flight," he says over a drink in a worn but prettily European quarter of Sofia.
"It's not rocket science, and it's an exciting time, but get it wrong and you will lose money," explains the Birmingham-born 35-year-old who lived in Spain before moving to the Balkans.
Signed up
Bulgaria is due to join the European Union on 1 January.
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