Real estate mogul turns to mortgage. Trump launches mortgage brokerage company. If Donald Trump launched a mortgage venture, you would expect it to be named Trump Mortgage. He did…and it is. Trump Mortgage LLC, based in the Trump Building at 40 Wall St. in New York, offers residential mortgages, commercial mortgages and home equity loans. The company also targets luxury mortgages for high-end residential and commercial real estate. According to its Web site, at TrumpMortgage.com, the company is a registered mortgage broker in New York, California, Florida, New Hampshire and Connecticut, and is also licensed in Alaska and Colorado. There are registrations pending in Delaware, Massachusetts and New Jersey, with "future registration as mortgage broker in all other states in process." Trump Mortgage arranges mortgage loans with third-party providers. Click here to read more.
Director: Home prices to go up. Prices will continue to increase for homes in California even as the housing market slows down a little, said the executive director of a real estate research group based at Cal Poly Pomona on Wednesday. Home sales started to slow in the fourth quarter but the home market should continue to be strong for the rest of the year, said Michael Carney, executive director for the Real Estate Research Council of Southern California. "I think prices are going to keep rising through 2006," Carney said. Click here to read more.
~Tina Jan~
Coldwell Banker Kivett-Teeters
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