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GLVAR recognizes Piette as Affiliate Member of the Year
Rick Piette of Premier Mortgage Lending, right, received the Greater Las Vegas Association of Realtors 2013 Affiliate Member of the Year award from Dave Tina, the 2013 president of the GLVAR. Courtesy photo. Special to Drive. Rick Piette of Premier 

Mortgage bankers face the fear in Las Vegas
Bankers, analysts and investors partied this week in a chandelier-shaped bar suspended precariously above the ground floor of a Las Vegas hotel, celebrating an annual industry gathering of securitisation professionals. While sales of bundled

Four mortgages that require little money down
Homebuyers with limited money are finding more home loans available for a low or even no down payment. These mortgages are becoming more commonplace even as the country recovers from a housing bust made worse by the popularity of low down 

Assistance sought to locate 3 mortgage fraud suspects
LAS VEGAS – The Nevada attorney general's office is seeking the public's assistance to locate three people indicted in a case involving a mortgage lending fraud scam. Prosecutors say William Chrissikopoulos, 43, Alan Dornhuber, 63, and Lynda 

Obtaining Financing with Las Vegas Mortgage Lenders

Michelle Pistone and Rob Jenson offers great information on home financing whether its your first home or not. One thing to keep in mind is to ...

Preventing the Next Housing Crisis

We focus in on a set of mortgages that we describe as either “alternative mortgages” or “nontraditional mortgages” in the paper. But what we’re really getting at is any payment that’s going to be less than your traditional 30-year fixed-rate payment. This may come about through a teaser rate, where you have some artificially low rate for a couple of years. It may come about through a negatively amortizing loan, where actually the balance increases over the first few years — or an interest-only loan, where you’re paying interest but no principal for the first few years. Or, they may just stretch out the term of the loan. So now it’s a 40-year loan, and relative to a 30-year loan, your monthly payments are going to fall. We really wanted to focus in on the prevalence of these types of contracts and think about what role they played in the boom.

Knowledge@Wharton: What did you find?

Keys: There’s a chicken-and-egg problem with these types of loans. On the one hand, they may be used as an affordability tool for housing markets that have already gotten very expensive. House prices have already gone up. In that case, house prices proceed the use of these contracts, and now I can’t simply afford a 30-year fixed rate at the prices that are prevailing right now. So, a teaser rate is what’s going to get me in the door.

People on the Move: May 20, 2019

Cody Wingert is project manager at Grand Canyon Development Partners . Wingert recently earned the U.S. Green Building Council ’s “LEED Green Associate” credential, which designates individuals who have a documented, up-to-date understanding of the most green building principles and practices.

Las Vegas Events President Pat Christenson joined the board of governors for the National Wrestling Hall of Fame .

Aaron Beck and Thomas Kachnik are business development sales representatives for Solotech , which provides audiovisual and entertainment technology.

Caesars Entertainment Corp. , in partnership with Protiviti , was honored with IDG ’s 2019 CSO50 Award for its transformational cybersecurity risk assessment. Every year, 50 organizations are recognized with the award for security projects or initiatives that demonstrate outstanding business value and thought leadership. Protiviti, a global consulting firm, helped Caesars complete the risk assessment.

Las vegas hard money loan?

Where to get hard money mortgage loan for Las Vegas residential property? Anybody know some lenders?

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