Michigan

West Capital Lending partners with Mortgage Connections

West Capital Lending said on Thursday that it has entered into a strategic partnership with Mortgage Connections, a Michigan-based mortgage brokerage. Mortgage Connections, founded by Ali Younes & Joe Dakroub Esq., has closed more than 843 transactions and $239 million in funded loan volume over the last 14 months, according to data from MMI. The […]

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Detroit’s new 40% down payment assistance program

The Michigan State Housing Development Authority (MSHDA) announced on Thursday that it is partnering with the Tobias Harris Homeownership Initiative, Guild Mortgage and Homium on a pilot shared-appreciation mortgage program aimed at expanding access to homeownership in Detroit. The effort is backed by Detroit Pistons basketball player Tobias Harris. The mortgage product will provide qualified

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Credit Union ONE acquires Icon Mortgage

Credit Union ONE announced on Tuesday that it has acquired Icon Mortgage. A press release confirmed that Michigan-based Credit Union ONE will retain all employees from Icon Mortgage, including senior leadership, and “intends to operate the company as a separate mortgage lending affiliate.” The terms of the transaction were not disclosed. Credit Union ONE did not

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Real Estate One expands with Michigan acquisition

Michigan-based Clients First Realtors of Canton has joined the Real Estate One Family of Companies. Founded in 1995, Clients First has operated within Michigan for more than 25 years. “Clients First Realtors’ values align closely with our own, especially when it comes to giving back to the communities where we live and work,” said Dan

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Michigan cities, lawmakers seek $800M for housing incentives

Michigan cities and a bipartisan group of state lawmakers are backing a $160 million annual budget proposal aimed at increasing housing construction and rehabilitation through local zoning changes and financial incentives. Officials say it could spur 10,000 new homes over five years — or about 2,000 a year — at a total cost of $800

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Michigan title agents suspended over escrow allegations

Two Oakland County, Michigan, title insurance agents have had their licenses suspended following allegations of misappropriating millions in escrow funds. The agents are also accused of failing to cooperate with auditors and a state investigation — as well as contributing to at least one homeowner’s foreclosure, according to a local news report. The Michigan Department

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Michael Campbell joins Title Resources Group as Michigan underwriting counsel

Title Resources Group (TRG) has named Michael Campbell as a vice president and underwriting counsel for Michigan. In this role, Campbell will support TRG’s title agents and escrow officers across Michigan and the broader Midwest. “Michael’s diverse title agency and underwriting background in high-volume and boutique shops gives him the broad experience needed to solve

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