Press Releases

Over 50% of Mortgage Borrowers Are Gen Xers

RISMEDIA, -The housing market may be in the doldrums, but the long-term outlook for the industry is looking good as Generation Xers - people born between 1965 and 1979 - enter their peak home-buying years.

Algon Group Expands Advisory Services to Homebuilding Industry

Homebuilding Industry Veteran Larry Comegys Joins Algon Group as Managing Director
New Strategic Alliance with Braun Inc. and Premiere Estates
ATLANTA, Jan. 8 /PRNewswire/ — Algon Group, a financial advisory and investment banking firm that specializes in complex and financially distressed situations, has announced the expansion of its real estate practice to include a full spectrum of […]

Auction of Over 500 Foreclosed Atlanta Homes Likely to Lure Buyers With Bonanza of Deals

Valued from $30,000 to nearly $700,000, Bank-Owned Homes in Atlanta and other Georgia Cities Will Be Auctioned January 15th - 20th
ATLANTA, Jan. 2 /PRNewswire-USNewswire/ — In a slumped housing market, continually hamstrung by falling home values and soaring foreclosures, picky buyers are in hot pursuit of discounted property. As prices continue their decline, homebuyers are […]

Equifax Solution Helps Lenders Streamline the Loan Modification Process and Optimize Portfolio Management

ATLANTA, Dec. 19 /PRNewswire-FirstCall/ — Amidst the current mortgage crisis and intense scrutiny of the subprime market, Equifax Inc. (NYSE: EFX) has launched a solution to help lenders navigate new guidelines for homeowner assistance created by the HOPE NOW alliance.

For Homeowners Looking to Avoid Foreclosure, Here Are Four Common Solutions

Nonprofit agency finds lenders are willing to work with borrowers to save homes
ATLANTA, Dec. 18 /PRNewswire/ — The recent agreement by federal regulators and mortgage lenders to freeze interest rates for five years on certain subprime, adjustable rate mortgage loans are intended to help many homeowners avoid foreclosure.

‘It’s a Not So Wonderful Life’ Writes Thomas Quinn in CornerCap Investment Counsel Quarterly Newsletter

Who’s Responsible for the Subprime Mortgage Mess?
ATLANTA, Dec. 18 /PRNewswire/ — Editor’s Note: The following article was written by Thomas E. Quinn, chief executive officer and chief investment officer of Atlanta-based CornerCap Investment Counsel. It appeared in the firm’s quarterly newsletter which was published earlier this month.

AtHomeNet Reaches Milestone with Over One Million Homes on AtHomeNet Community Website Service

Georgia-based Internet service provider poised to provide even more groundbreaking community website software innovation
SUWANNEE, Ga., Nov. 27 /PRNewswire/ — Suwannee, Ga. firm AtHomeNet Inc. recently celebrated signing their one-millionth home to the innovative AtHomeNet Community website service.

Regent Partners, LLC, Appoints Kristi Torgler Director of Sales & Marketing for Residential Development

ATLANTA, Nov. 26 /PRNewswire/ — Regent Partners, LLC announces the appointment of Kristi Torgler as Director of Sales & Marketing for the Atlanta-based real estate development, investment and services firm. Ms. Torgler joins Regent Partners from Julian LeCraw & Company, LLC. In her new position, Ms.

Reed Construction Chief To Advise Service Provider

BIM expert and industry leader joins advisory board of fast-rising AEC service provider
ATLANTA, Nov. 26 /PRNewswire/ — Iain Melville, CEO of Reed Construction Data, a leading international provider of construction information solutions, has joined the Board of Advisors of Atlanta-based RCMS Group, an innovator in providing building information modeling (BIM) services to the building design […]

Family-Owned Atlanta Home Builder Announces New Name and Identity as It Expands Across the U.S.

ATLANTA, Nov. 19 /PRNewswire/ — HomeLife Communities, a third generation, family-owned Atlanta-based builder of affordable homes and neighborhoods, is changing its name as it continues to grow into one of the nation’s leading home builders. Effective January 1, 2008, the company’s new name will be Atreus Homes & Communities.

Metro Atlanta Home Builder Makes Donation to Help Rebuild Children’s Home

ATLANTA, Nov. 15 /PRNewswire/ — Jon Been, the Founder and CEO of Atreus Homes & Communities, has made a $100,000 donation to the United Methodist Children’s Home (UMCH) in Decatur, Georgia, to meet the immediate needs of the children who were impacted by a recent fire destroying their living quarters.

Avoiding Bankruptcy: What Every Consumer Should Know

People May Be Able to Avoid Bankruptcy by Applying for a Reverse Mortgage Loan
ATLANTA, Nov. 8 /PRNewswire/ — With U.S. bankruptcy filings up more than 40% this year, Americans 62 years old and older should realize they may be able to avoid bankruptcy by applying for a reverse mortgage loan.

Equifax Equips Financial Institutions with Valuable ‘ARM’ Mortgage Predictor

ATLANTA, Nov. 5 /PRNewswire-FirstCall/ — Equifax Inc. (NYSE: EFX) has launched a new solution to help financial institutions determine the likelihood that a consumer has an adjustable rate mortgage (ARM). With about two million loans expected to reset over the next 18 months, Equifax’s ARM Predictor(SM) gives lenders the information they need to further refine […]

Linger Longer Communities and the Jekyll Island State Park Authority Seek Public Input on Revitalization Plans

JEKYLL ISLAND, Ga., Oct. 31 /PRNewswire/ — Georgians interested in the future of Jekyll Island will have multiple opportunities to preview and comment on plans for revitalizing the Jekyll Island Town Center.

CB Richard Ellis, U.S. GSA and Sprint Win Coveted Corporate Real Estate Award

CoreNet Global gives Global Innovator’s Awards at Atlanta Global Summit
ATLANTA, Oct. 29 /PRNewswire-FirstCall/ — The largest real estate service provider, the federal government’s property manager and a top telecommunications firm are winners of this year’s top prize in corporate real estate.