Review Mortgage Lenders

Intervest Mortgage

Mortgage-Backed Securities I

Part I of the introduction to mortgage-backed securities

The Standard Promotes Mike Morey to Vice President of StanCorp Mortgage Investors

Morey has been active in the commercial real estate finance and investment industry for more than 25 years and first began his career at The Standard in 1997. He rejoined StanCorp Mortgage Investors in 2010 after more than five years as vice president at Intervest Mortgage Investment Company. At The Standard, Morey is responsible for the origination, underwriting, approval and closing of all commercial mortgages and for the management and maintenance of the external distribution platform.

“Mike has developed an extraordinarily loyal correspondent network and underwriting team for The Standard. In this new role he will coach others to continue to develop this network and underwriting team and take a more prominent role facing our external loan participants,” said Mark Fisher, vice president and managing director of StanCorp Mortgage Investors at The Standard.

Morey earned a Bachelor of Arts in political economy at the University of California at Berkeley.

A house in Hammock Dunes sells for $650000

A house in Hammock Dunes was the top real estate transaction for the week of March 8-14 in Flagler County. Nancy Fox, of Palm Coast, sold 14 San Gabriel Lane to Kenneth and Janette Lawn, of York, United Kingdom for $650,000. Built in 1999, the house has three bedrooms, 3.5 baths, a fireplace, pool and 3,598 square feet. It was sold in 2004 for $875,000.

 

Condos

Jean Pellegrini and Clifford Brown, of Palm Coast, sold 200 Cedar Cove, Unit 201, to Laurie Sanders, of Palm Coast, for $337,000. Built in 2011, the condo has three bedrooms, two baths and 2,154 square feet.

Robert Lynch, of Glastonbury, Connecticut, sold 57 Rivers Edge Lane, Unit 57, to Michael Willyoung, of St. Petersburg, for $335,000. Built in 1990, the condo has three bedrooms, 2.5 baths and 1,875 square feet. It sold in 2015 for $300,000.

 

Belle Terre

Yefim and Irene Mednikov, of Palm Coast, sold 6 Paul Lane to Olga Vinisky, of Palm Coast, for $195,000. Built in 2018, the house has three bedrooms, two baths and 1,506 square feet.