AmeriFirst Home Mortgage, a division of AmeriFirst Financial Corp., has announced the addition of Jamie Brown, a 20-plus year mortgage industry veteran, as Southeast Regional Manager. Brown will oversees and drive AmeriFirst’s expansion into Florida and will work out of AmeriFirst’s offices in Winter Park and Tampa, Fla.
“Our success is dependent upon our most prized resource … our people. Jamie personifies service and always puts others before himself–true qualities of a great leader,” said David Gahm, Co-Chief Executive Officer and Co-Founder of AmeriFirst Mortgage Banking Group. “He and his team are integral to our future growth.”
Since 1996, Brown has been a leading producer in the industry. He previously owned his own mortgage brokerage firm that he sold to Prospect Mortgage in 2010; he then served as Area Production Manager for them until 2012. Jamie was then hired as a Market Leader at Movement Mortgage in October of 2012 to lead in the Orlando, Tampa Bay, and Sarasota markets, until he recently resigned his position to accept this new opportunity with AmeriFirst.
“I’m honored to be in this position and already feel part of the family,” said Brown. “I now see why the cornerstone of AmeriFirst’s messaging is, ‘Welcome Home.’ It’s not just a catchphrase, but an authentic feeling permeating throughout the company. I am excited about the future and look forward to motivating my team to foster growth and to show true value to all who are part of the team.”
The Miami real estate market is playing a surprise central role in Argentina’s political environment following reports that former President Cristina Fernández de Kirchner purchased more than 60 Miami properties using dubious funding.
According to a Miami Herald article, Fernández de Kirchner is running for Argentina’s Senate in an Oct. 22 election, but her campaign hit a stumbling block when Laura Alonso, the head of Argentina’s Anti-Corruption Office, went on national television to accuse Fernández de Kirchner of using “dirty money” to buy up residential and commercial Miami real estate.
“We’re working to recover those assets using a strategy of international collaboration,” said Alonso, who described the former president’s alleged real estate holdings “just the tip of the iceberg of all of the money that is likely distributed in the darkest circuits of the international financial system.”
However, Alonso’s office failed to offer evidence to support her accusations, insisting that they could not discuss ongoing investigations. An earlier investigation by the Miami Herald found a link by Fernández de Kirchner to only 16 properties, including a CVS pharmacy in Little Havana, and all of the properties have since been sold.
Fernández de Kirchner’s attorney stated that accusations against his client were politically motivated and that she owns no properties in Miami. “Everything Laura Alonso said lacks seriousness and is also false,” said Attorney Gregorio Dalbón.
Fernández de Kirchner served as president between 2007 and 2015, faces two unrelated indictments for corruption.
HomeBridge Financial Services has named Teresa Hale to the role of Area Manager, with a focus on Northern Florida and based in HomeBridge’s Jacksonville office. Hale is a mortgage industry veteran with more than 25 years of experience, and brings to Homebridge a unique background that includes a proven track record of success in sales, loan production and team leadership.
“I feel extremely passionate about the role mortgage lenders play in the housing industry, and HomeBridge’s dedication to treating borrowers as people, not just numbers, matches the outlook I’ve had my entire career,” said Hale. “HomeBridge offers a diverse set of mortgage solutions that few lenders can match, tailored for anyone from first-time home buyers, to borrowers looking to purchase a vacation home or a property to settle into after retirement. At the same time, HomeBridge also offers mortgage professionals all of the tools they need to be successful. I’m really looking forward to working with loan originators who want to thrive as a part of a lender that sets the standard for customer service in the mortgage industry.”
A fifth generation Floridian, Hale is very active in the local professional community. In addition to her role on the Mortgage Bankers of Florida’s Board of Governors, she was a past Board Member of the MBA of Jacksonville, an organization which she still maintains an active membership with. As mentoring the next generation of Florida’s business leaders is very important to her, Hale also serves as a member of the Financial Services Advisory Board of Florida State College of Jacksonville, and is a proud member of the Jacksonville Women’s Network.
The Central Florida Chapter of FAMP October Luncheon will be held Wednesday, October 4 at the Altamonte Hilton, 350 S. Northlake Boulevard in Altamonte Springs, Fla. from 11:30 a.m.-1:15 p.m.
Guest Speaker Anthony Crocco of Metrostudy will teach you how new and upcoming housing trends will affect your business. This is invaluable information that will help you determine how to position you and/or your company for the remainder of 2017 and 2018. A focus on trends in Orlando's new home industry, with emphasis on key market areas and limitations to growth.
Crocco is the Director of Metrostudy's Central and Northeast Florida operations, and has been in this position since 1999. He has evaluated real estate projects throughout the U.S. for most of his 30+ year professional career, developing expertise in research design, market analysis and strategic planning. Crocco received a Bachelor's degree in business finance from the University of Notre Dame, and has completed postgraduate coursework in building construction at the University of Florida.
The Central Florida FAMP Fall Scramble Golf Tournament will be held Friday, October 13 at the Timacuan Golf and Country Club, 550 Timacuan Boulevard at Lake Mary, Fla.
7:00 am Registration
8:00 am Shotgun Start
1:00 pm Awards Lunch & Silent Auction
8:00 am Shotgun Start
1:00 pm Awards Lunch & Silent Auction
Timacuan Golf and Country Club is proud to welcome FAMP back, with remodeled bridges on the golf course and the club fully remodeled, FAMP golfers will enjoy amazing food and service. Timacuan Golf and Country Club, with our Mini-Verde putting greens, look and putt amazingly. Those that have played say they are among the best in Orlando. With the addition of new golf carts in Mid August, equipped with GPS, your golfing experience will be one to remember, and to share with your friends.
The FAMP Central Florida September Luncheon: "Turn More Prospects Into Closed Transactions!" will be held Wednesday, September 6 at the Hilton Orlando/Altamonte Springs, 350 S. Northlake Boulevard in Altamonte Springs, Fla.
The presentation, "Emotional Intelligence for Mortgage Professionals," by Nathaniel Bittman Certified E.I. Instructor, will explain how to understand Emotional Intelligence and how it can help you be more successful in your interpersonal relationships and work place and can provide strength in crucial conversations, decisions and approach in your work environment.
FAMP Central Florida Chapter will host a Silent Auction, following the FAMP Fall Golf Tournament, Friday, October 13 at the Timacuan Golf Club, located at 550 Timacuan Boulevard in Lake Mary, Fla.
A portion of the proceeds from the tournament and auction will benefit Habitat for Humanity.
The FAMP Broward Chapter Presents "Developer Showcase & Trade Expo II" set for Wednesday, Sept. 6 at the Signature Grand, 6900 Florida 84 in Davie, Fla.
There will be more than 110 developer and real estate-related exhibitors, guest speakers, Miami Dolphins Cheerleaders, Men of the Fireman Calendar, a Money Machine, Photobooth, DJ, Bar and hourly raffles and giveaways.
Click here for more information.
Miami single-family home sales rose 5.8 percent year-over-year in the second quarter, while luxury single-family home sales soared by 25.2 percent, according to data from the Miami Association of Realtors.
Also on the rise were median sale prices, which increased for the 22nd consecutive quarter. During the second quarter, the median sales price for the Miami market increased by 11.3 percent for single-family homes to $328,300 and 6.5 percent to $229,000 for condos. Miami real estate recorded five and a half years of price appreciation.
However, existing condominiums sales dropped by 2.6 percent in the second quarter—and the trade group attributed the decline to strong competition from an increased level in newly constructed properties.
Miami real estate had 21,119 active listings in the second quarter, up 3.6 percent increase from the 20,384 listings at the same time last year. The inventory for single-family homes saw a 3.8 slide, from 6,292 to 6,052. But the existing condo inventory grew 6.9 percent, from 14,092 to 15,067.
Cash sales represented 38.6 percent of Miami closed sales in the second quarter, which was more than double the national level. Cash sales accounted for 53.5 percent of all Miami existing condo sales and 23.9 percent of single-family transactions.
Waterstone Mortgage Corporation has announced that Eric Putt has joined the company as a Producing Manager in the company's Orlando, Fla. office where he will be responsible for recruiting and training loan originators and helping borrowers throughout central Florida with their home purchase and refinancing needs.
"We're thrilled to have Eric and his team join our group," said Waterstone Mortgage Regional Manager Dustin Owen, who oversees the Florida market for the company. "Eric still makes it a priority to attend loan closings because he loves seeing his clients' reactions as they purchase their new homes. That personal satisfaction and fulfillment he finds in helping homebuyers makes him a perfect fit for our team."
Putt has more than 10 years of mortgage lending experience in the Orlando area, and has gained in-depth knowledge of both the industry and the local market. Several members of Putt's production team are joining him in the move to Waterstone Mortgage.
"I am delighted to join Waterstone Mortgage, which has a proven success model and the technology and tools to ensure homebuyers receive a smooth and easy mortgage financing process," Putt said. "My team and I have a variety of loan program options that allow us to tailor-make financing to best meet the financial needs, wants, and goals of our clients. I look forward to leveraging our expertise with Waterstone Mortgage's resources to provide a truly superior experience for our customers."