Review Mortgage Lenders

Ace Mortgage Funding

House Session 2011-04-05 (12:00:09-13:05:35)

MORE BAILOUT MONEY TO COUNTER THE COMPANY'S MOUNTING MORTGAGE LOSSES. ALLOWING THIS GROSS MISMANAGEMENT OF PUBLIC FUNDS FOR EXTRAVAGANT -- THE ...

The Carlisle is open — finally

Hinkes said getting the $10 million project to the finish line was a big challenge considering that an arson fire just before Thanksgiving 2016 brought down the nearly constructed building. About a half dozen of the units had already been sold.

After the site was cleared of debris and the insurance claim was settled, Hinkes and his partners, Adam and Jason Harrington, said they were too heavily invested to walk away from the project, which is seen by many as a hallmark of urban revitalization along the Central corridor. The Harringtons’ company, HB Construction, is the general contractor on The Carlisle, located at 3600 Central SE.

“This represented nearly 3½ years of securing funding, planning and design and construction,” said Hinkes. “It took three hours to destroy it,” he said of convicted arsonist David Hickman, who pleaded guilty last year to five counts of arson for fires he set at the Carlisle, a Starbucks coffee shop, Shred-it, Barnes & Noble and Old Navy. A federal judge sentenced him to 20 years last week.

People on the move: Jan. 26

Elam has 18 years of experience in the mortgage industry and prior to joining Castle & Cooke Mortgage he was a senior loan officer for Ace Mortgage Funding and a sales manager for MainStreet Home Loans.

MARYLAND

COLUMBIA

IndiSoft has appointed Frank Pallotta to its advisory board.

For more than 25 years Pallotta has been a leader in the mortgage industry and currently owns mortgage advisory firm Steel Curtain Capital Group, which he founded in 2009.

He has had key positions and senior capital markets roles at Morgan Stanley, Credit Suisse and Goldman Sachs & Co. since 1990.

MASSACHUSETTS

DANVERS

Mortgage Network Inc. has hired Jay Hughes , Ron Gardiner , Steve Mix and Erin Sadlier in its Waltham, Mass., branch. All four loan officers had previously worked with Mortgage Network.

Prior to Mortgage Network, Hughes was a mortgage advisor for PHH Mortgage and Mix worked as a branch manager for Radius Financial Group and VP of operations mortgage options of America. Gardiner and Sadlier were both loan officers for Guaranteed Rate.

The question: How do I protect my self to make sure I will get my funds from Ace Mortgage.

Background; I am the seller of a lot with a mobile home in Greenville SC. The buyer and I have a Bond for title contract. The buyer wants to refinance the home using Ace Mortgage in Charlotte NC.. That is fine with me. There are no problems with this.


buyer has three days to agree to mortgage. once closing is started and papers signed-money is transfered.

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