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Austin Mortgage Group - News

360 Mortgage Group Names New Southeast Regional Manager
An approved Fannie Mae seller/servicer, Freddie Mac seller/servicer and Ginnie Mae Issuer, 360 Mortgage Group is headquartered in Austin, Texas and provides services in 31 states across the country. 360 Mortgage Group has emerged as an industry 

HEB stands alone in local Super Bowl ad blitz
“Every year we try to do a commercial that is tied to the fabric of Texas in some way,” said Cory Basso, group vice president of marketing and advertising. “This year, it's all about us Earlier this month, Aikman joined H-E-B, a high-school

Rental-Home Bond Issues May Reach $20 Billion a Year, Stark Says
Wall Street may sell more than $20 billion a year of bonds backed by rental homes as investors become comfortable buying securities tied to loans to small landlords, according to Ryan Stark, a director who runs mortgage finance at Deutsche Bank AG

West Jefferson real estate transfers
Breckenridge Drive 2265: Green Tree Servicing LLC to Federal National Mortgage Association, $147,200. 437: Donald Cheramie to Austin Cheramie, donation, no value stated. Cohen St. 1249: CR Capital Group LLC to Wilfrid L. Juste, $17,900.

Austin Mortgage Update - Spring 09

Austin, Texas Real Estate Agent Kenn Renner of BuyAustin.Com and Kenton Brown, Vice President of Sente Mortgage discuss the current mortgage ...

Low-Income Housing Tax Credits News Briefs - August 2018

The Office of the Comptroller of the Currency (OCC) released June 6 its schedule of Community Reinvestment Act (CRA) evaluations that will be conducted in the third and fourth quarters of 2018. Public comments on the institutions scheduled for evaluation can be submitted to the institutions themselves. The OCC said it would consider all comments received before the close of the CRA evaluation. The CRA evaluation schedule is available at .


The Massachusetts Supreme Judicial Court affirmed a lower court’s summary judgment supporting a nonprofit’s right of first refusal to purchase a low-income housing tax credit (LIHTC) property once a third party makes an enforceable offer to purchase the property. The court in Homeowner’s Rehab Inc. v. Related Corporate V SLP LP ruled that the right of first refusal doesn’t require a bona fide offer to be made and accepted with the consent of the special limited partner. The ruling states that the partnership only needs an enforceable offer from a third party, that the partnership must make a decision to accept the offer (although that doesn’t need to be communicated to the third party) and that the general partner has the power to accept the offer. The ruling specifies that the power of the general partner to decide to accept the offer depends on the partnership language. The ruling is available at

JoCo Partners and The ValCap Group Partner on the Acquisition of Two Apartment Communities in Austin, TX

The renovation plans include high-end interior improvements to all the apartment units, including granite countertops, stainless steel appliances, and mosaic backsplash tiling. One of the existing offices will be converted into a clubhouse available for use to the community residents and a mega fitness center to include outdoor spinning, a yoga center and a fully equipped weight and cardio room. There will be extensive exterior renovations to the three pool areas, the addition of an outdoor grilling station and the inclusion of game areas for kids and families. For pet lovers, the construction team will create a dog park as well as a dog washing station that will be open to all residents.

About JoCo Partners : A real estate investment company with over 15 years of experience and a focus in medium to large commercial acquisitions. JoCo Partners collaborates with real estate investors as the asset management division of entities that evaluate, acquire, reposition, manage, and create an exit strategy for each property based on its highest value and best use. JoCo Partners currently has over 2,000 rentals and over $200M under asset management.