Solar News: Solar Integrated Roofing Corporation Acquires forward-thinking, high-tech marketing firm Narrate

SIRC announces acquisition of Narrate, a forward-thinking, high-tech marketing firm specializing in energy efficiency lead Generation

Solar Integrated Roofing Corporation (OTCPK:SIRC)

COSTA MESA, CALIFORNIA, UNITED STATES, August 21, 2019 /EINPresswire.com/ — Solar Stock News – Solar Integrated Roofing Corporation (OTC: $SIRC) Acquires Narrate, to Achieve $12-24 Million in Annual Revenues

SIRC announces acquisition of Narrate, a forward-thinking, high-tech marketing firm specializing in energy efficiency lead Generation

COSTA MESA, CA — August 21, 2019 — (Investorideas.com Newswire) Solar Integrated Roofing Corporation (OTC: SIRC) CEO David Massey announced the acquisition of Narrate, a marketing firm specializing in energy efficiency marketing. “We are very pleased to complete this deal”, said Massey. “Narrate will now be able to expand their client base rapidly, delivering more leads over a larger footprint as we continue our growth strategy to acquire additional solar and roofing companies.”

Narrate has secured deals with several industry giants totaling more than $1 million in monthly revenues. “The collaboration between SIRC, Narrate and our 100% remote work-from-home sales model enables us to project $2 million revenues per month over the next 12 months”, said Narrate CEO Heather Griffin. “In addition, as our top line revenues increase, so does our overall net profitability. Those profits will increase exponentially because of our low fixed costs.”

“The combination of an experienced solar marketing firm combined with a quickly growing company like SIRC is immeasurable”, added Griffin. "The biggest challenge in the solar industry is attracting new clients. We as marketers are also continually faced with securing relationships with solar companies in the correct geographic locations. By joining SIRC, together we become a major force to be reckoned with.”

In addition to servicing SIRC’s rapidly growing portfolio, Narrate will continue its core business of delivering sales leads to its existing client base, including several of the largest energy brands in the nation. Narrate works with a variety of different marketing mediums to drive traffic into their remote call center, including digital media, social media, direct mail, radio and more. Leveraging multiple technologies, as well as building its own custom, proprietary software, Narrate is poised to be the industry leader in technology-driven, ROI-focused marketing solutions.

Less than 9% of single-family homes in California are fitted with solar. SIRC and Narrate are perfectly positioned in the market to dominate this space.

About Solar Integrated Roofing Corporation
Solar Integrated Roofing Corporation (SIRC) is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally. For more information, please visit:
www.solarintegratedroofingcorp.com

Forward-Looking Statements:
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

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Contact:
Marlena LeBrun
760-566-9116
marlenalebrun@gmail.com
facebook.com/SolarIntegratedRoofingCorporation
instagram.com/Solar_Integrated_Roofing_Corp
twitter.com/SIRCStock
linkedin.com/company/sirc-stock

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Source: EIN Presswire

ArangoDB Boosts Multi-Model Database Scalability Across Distributed Environments with Release of ArangoDB 3.5

Using k Shortest Path, a new graph query in ArangoDB 3.5, to find the shortest distance between cities.

Using k Shortest Path, a new graph query in ArangoDB 3.5, to find the shortest distance between cities.

New features help accelerate enterprise development efforts to query, secure and search across graph, JSON document and key-value data

Our multi-model core enables developers to leverage other data models by just changing a query, providing the freedom to build powerful applications while keeping their infrastructure lean and agile.”

— Claudius Weinberger, CEO and co-founder of ArangoDB

SAN FRANCISCO AND COLOGNE, GERMANY, August 21, 2019 /EINPresswire.com/ — ArangoDB, the leading open source native multi-model database, today announced the GA release of ArangoDB 3.5. ArangoDB 3.5 contains new features that allow its growing customer base to more easily query, secure and search their growing data sets across multiple data models, making database scalability across distributed environments a reality.

ArangoDB 3.5 brings updates to both the Community Edition, which is fully open source under the Apache 2.0 license, as well as the Enterprise Edition, ArangoDB’s commercial offering that includes features to help more easily secure and scale ArangoDB across an organization.

“Developers tell us that they increasingly need to leverage multiple data models for their applications, and in large organizations we see up to 20-30 different database technologies in production across the enterprise,” said Claudius Weinberger, CEO and co-founder of ArangoDB. “The enhancements in ArangoDB 3.5 on top of our native multi-model core enable developers to leverage other data models by just changing a query, giving them the freedom to create and run powerful applications while keeping their infrastructure lean and agile.”

The key features in ArangoDB 3.5 are:

SmartJoins: Co-located Join Operations Across Sharded Data
SmartJoins (available only in ArangoDB Enterprise) follow the concept of co-located joins and power highly-efficient and fast join operations against large volumes of distributed data in a cluster setting. With the addition of SmartJoins, ArangoDB Enterprise provides a unique feature set to work with complex queries against distributed data efficiently.

Streaming Transactions API: ACID transactions via language driver
ArangoDB 3.5 enables BEGIN, COMMIT or ABORT (rollback) ACID transaction operations from supported language drivers, including Java Sync, Go, JavaScript and PHP. While ArangoDB has always supported ACID transactions, the streaming transactions API allows users to execute and control them from their favorite language bindings, creating an experience similar to a RDBMS, but in NoSQL database. ArangoDB currently supports full ACID guarantees in single instance setups only.

Configurable Analyzers and Sorted Indexes: Search Engine Performance Improvements
ArangoSearch is a C++ based full-text search engine that’s natively integrated into ArangoDB and can be used in combination with document and graph queries. With ArangoDB 3.5, ArangoSearch now has sorted indexes and configurable analyzers, allowing users to speed up query performance by 1500x, as well as more easily manage ArangoDB in a multi-tenant environment.

k Shortest Path and PRUNE: Additional Graph Database Capabilities
ArangoDB 3.5 sees new graph query performance improvements with k Shortest Path and PRUNE. k Shortest Path enables users to query for all shortest paths between two vertices and analyze result sets by path length or weight. This helps with a variety of use cases, from threat intelligence and cybersecurity to navigation. PRUNE lets users add a syntax to their queries that adds the ability to explicitly stop deeper searching at a specific condition. This helps reduce the overhead generated by a traversal query and speed up query performance.

Data Masking and Time-to-Live Index: Enhanced Data Security and Extended GDPR Compliance
Data masking gives users the ability to safely work with production data in their testing environment by masking personal data like credit cards, social security numbers, names, and addresses in a way that anonymizes sensitive data. In ArangoDB Enterprise, users can preserve the structure of their data to test and develop applications further with production-like data. Data masking helps businesses better comply with security regulations such as the European Union’s General Data Protection Regulation (GDPR) and the upcoming Consumer Privacy Act of California.

Time-to-live index is a new index type that lets users configure it to automatically expire documents in a collection. Users can configure these documents to expire on a specific date/time or after a certain period of time, as well as the frequency of the background job deleting the expired documents.

Index Hints and Sort-Limit Optimization: Query Performance Improvements
ArangoDB 3.5 also includes query performance improvements with the introduction of index hints, named indexes, and sort-limit optimization. Index hints allow users to avoid full collection scans by either providing a hint for an index in a given query, or allowing the user to enforce the usage of a certain index. Sort-limit optimization speeds up the performance of SORTS on large quantities of data where users only need a small fraction of the results. It maintains a reduced set of data in memory, preventing the need to sort an entire data set in order to return results.

Learn more
* For more details on the features included in ArangoDB 3.5, read the blog: www.arangodb.com/2019/08/multi-model-database-arangodb-3-5-released-distributed-joins-streaming-transactions-extended-graphdb-search-capabilities
* To join a webinar for a live overview of what’s included in ArangoDB 3.5 with Jörg Schad, ArangoDB Head of Engineering and Machine Learning, register here: www.arangodb.com/arangodb-events/arangodb-3-5-feature-overview
* To get started with ArangoDB, download the latest version: www.arangodb.com/download

About ArangoDB
One database, one query language, and three data models. With more than 7 million downloads and over 8,000 stargazers on GitHub, ArangoDB is the leading open source native multi-model database. It combines the power of graphs with JSON documents, a key-value store, and a full-text search engine, enabling developers to access and combine all of these data models with a single, elegant, declarative query language.

Simplifying complexity and increasing productivity is the mission of ArangoDB Inc., the company behind the project. Founded in 2014, ArangoDB Inc. is a privately-held company backed by Bow Capital and Target Partners. It is headquartered in San Francisco and Cologne with offices and employees around the world. Learn more at www.arangodb.com.

Robyn Fernsworth
Reidy Communications for ArangoDB
+1 415-412-0300
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What’s New in ArangoDB 3.5


Source: EIN Presswire

Fibank Albania Reports the Highest Growth Rate in the Albanian Banking System

Fibank Albania Head Office

Fibank Albania Head Office

SOFIA, BULGARIA, August 21, 2019 /EINPresswire.com/ — The total assets of Fibank Albania increased by almost 20% over the first half of 2019. This was by far the highest growth rate in the banking system of the country, the runner-up bank reporting a 7% increase. A major driver for such results were net loans. Total Assets amounted to more than EUR 237 million at the end of June as per the unaudited financial statements of the bank.

Gross loans to clients other than banks and financial institutions grew by 15%, increase in the retail portfolio only was at 23%. Total loans reached EUR 115 million by the end of June 2019, compared to EUR 90 million a year earlier and EUR 100 million at the end of 2018.

Deposits from non-bank customers followed the same trend, increasing by 43% and 20% compared to June 2018 and year-end 2018 respectively. Again, for both periods that was highest growth rate in the banking system. Total deposits from non-banks exceeded EUR 200 million as at 30 June 2019, accounting for a market share of 2% compared to 1.5% a year earlier.

The Bank’s reported net profit for the first half of 2019 was EUR 1.84 million, without significant change YOY (2018: EUR 1.89 million), despite loan loss allowances increasing over the period from EUR 600 thousand recovery to EUR 970 thousand expense. Operating income for the first half of 2019 reached EUR 5.8 million, an increase of almost EUR 2 million YOY.

General administrative costs grew to EUR 2.3 million from EUR 1.9 million due to the expansion of the branch network. Staff and rent expenses also increased accordingly by EUR 345 thousand.

The Bank’s results for the first half of 2019 followed the positive trend of recent years. In 2018, the Bank also reported the highest growth rate in the banking system with an increase of 26% in total assets, 33% in net loans and 30% in deposits, increasing its market share accordingly. The Bank’s audited net profit for 2018 exceeded EUR 3.2 million, while its RoA and RoE indicators of 1.8% and 13.7% respectively were among the best in the Albanian banking system.

The Bank continues to pursue its growth strategy, focusing on the retail and SME segments and delivering customer satisfaction while maintaining good portfolio quality and strong capital position.

Fibank Albania is a 100% subsidiary of the Bulgarian Fibank AD. Principal shareholders of Fibank are Mr. Ivailo Mutafchiev and Mr. Tseko Minev.

Ivailo Alexandrov
Fibank (First Investment Bank)
+359 2 800 2753
email us here


Source: EIN Presswire

Global Bike Sharing Market Report 2019-2025 by Technology, Future Trends, Opportunities, Top Key Players and more…

A new market study, titled “Global Bike Sharing Market Size, Status and Forecast 2019-2025”, has been featured on WiseGuyReports.

PUNE, MAHARASTRA, INDIA, August 21, 2019 /EINPresswire.com/ — Bike Sharing Market

Bike Sharing is a service in which bicycles are made available for shared use to individuals on a short or a long-term basis for a price or free. Over the past decades, bike sharing systems have been significantly used across the globe. After 2017, the number of bikes sharing programs across the globe has doubled since 2014 and nearly 20 times as many bikes available for public use. The first bike sharing program has started in Europe in 1965 but presently Asia-Pacific captured the largest share in the global bike-sharing market. China has been contributing to the highest share in the Asia-Pacific market over the past two years. Mobike and Ofo are the two biggest bike sharing companies in China capturing more than 60% of the country’s market in 2017.

This report focuses on the global Bike Sharing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Bike Sharing development in United States, Europe and China.

The key players covered in this study
Uber
Ofo
Mobike
Lime
JCDecaux Group
Bluegogo
Didi Chuxing Technology
Lyft

Request Free Sample Report at https://www.wiseguyreports.com/sample-request/4072220-global-bike-sharing-market-size-status-and-forecast-2019-2025

Market segment by Type, the product can be split into
Conventional Bike
E-Bike

Market segment by Application, split into
Short Term
Long Term

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Bike Sharing status, future forecast, growth opportunity, key market and key players.
To present the Bike Sharing development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

View Detailed Report at https://www.wiseguyreports.com/reports/4072220-global-bike-sharing-market-size-status-and-forecast-2019-2025

About Us:
Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

NORAH TRENT
WISE GUY RESEARCH CONSULTANTS PVT LTD
646-845-9349 (US), +44 208 133 9349 (UK)
email us here
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Source: EIN Presswire

Bill Hill Joins The Resource Management Team at The Squires Group, Inc.

Bill Hill, Senior Resource Manager

Bill’s addition will bolster our existing recruiting team and help fuel future growth

Bill’s addition to the Resource Management Team ensures that we have the recruiting strength needed to cater to our clients’ talent needs. ”

— Jane Myers, Director of Resource Management

ANNAPOLIS, MD, USA, August 21, 2019 /EINPresswire.com/ — The Squires Group, Inc. (TSGi) announced today that we recently hired Bill Hill as a Senior Resource Manager to help deliver talent to our clients in the Mid-Atlantic region.

“Our recent success and increased market presence has generated interest from a variety of new clients from the Federal and Commercial sectors. Bill’s addition to the Resource Management Team ensures that we have the recruiting strength needed to cater to our clients’ talent needs – whether it is to meet their project surge requirements or to cater to their direct hire needs,” says Jane Myers, Director of Resource Management at TSGi.

Bill joins The Squires Group with nearly ten years of Technical Recruiting experience in the D.C. metro region. He has supported clients of all sizes across the private and public sectors, while simultaneously developing a diverse network of professional consultants through a candidate-driven approach that focuses on relationship development and transparency.

Bill graduated from Fairfield University with a degree in Economics and Political Science, and still holds great interest for international politics and market globalization. He is competitive by nature, and by practice. He never turns down an opportunity to compete. He enjoys team sports more than any other form of competition, and you can routinely find him rooting for his favorite teams – the Washington Capitals and Baltimore Orioles.

“Bill joining the recruiting team is a strategic move for us. Bill’s IT experience will help meet our clients’ talent needs for ERP, IT or Cyber expertise. In addition, Bill’s relationship approach to recruiting reinforces our vision to be the most trusted advisor to our clients and consultants in the Mid-Atlantic region,” adds Eric Galasso, President of TSGi.

About The Squires Group, Inc.
The Squires Group, Inc. (TSGi) is a WBENC certified woman-owned, professional services firm founded in 1995 by Nancy Squires, with its principal operations located in Annapolis, Maryland. TSGi specializes in providing talent solutions in ERP, IT, Cyber, and Accounting & Finance to its clients. TSGi provides contract, contract-to-hire, and career placement services for Commercial and Federal clients throughout the Mid-Atlantic region and select national markets. For more information on how The Squires Group can help you Build Great (SM), please visit http://www.squiresgroup.com/.

APURVA SHAH
The Squires Group, Inc.
+1 4102247779
email us here
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Source: EIN Presswire

Joseph Grinkorn: Trump and the U.S. economy are unstoppable

Joseph Grinkorn CEO of Morris Group

Joseph Grinkorn investment expert and CEO of Morris Group predicts, as the US stock market hits all time highs the US economy under Pres.Trump is unstoppable.

The US stock market will continue to hit all time highs and if the US & China trade war escalates the US economy long term is still unstoppable.”

— Joseph Grinkorn

NY – NEW YORK, USA, August 20, 2019 /EINPresswire.com/ — After a steep market correction ending 2018. The stock market has come back to all time highs. Recent tensions with the US China trade war has made markets a little volatile, but as president Trump has said "there's no rush" to get a deal done with China, the US could be better off with no deal.

Trumps recent 25% tariff increase on 200$ billion of Chinese goods coming into the US has to hurt the Chinese market, and if need be, he has an additional 340$ billion to keep taxing. China on the other hand is basically maxed out, as the US only exports 120$ billion of goods into China. All retaliatory measures China has already used up.

Traders and analysts are split with most disagreeing with the president, however Grinkorn thinks the presidents game plan just might be the best thing for an ultimate deal for the US and China. Grinkorn continues by saying: “Trump’s book "the art of the deal" was a best seller and he looks at the economy as a business deal, not as a political agenda, It's a big difference. When one analyzes the current trade deal it’s obvious the US isn't getting a fair deal. And ultimately that's what Trump wants a fair deal, not a favorable one.”

From Chinas standpoint, Grinkorn predicts a deal will get done soon, as their economy continues to struggle, they won't have much of a choice. There are many other countries in Asia that would be happy increasing exports to the US and picking up for China. When Trump was elected, they thought he would be easier to deal with as he has had a relationship with Chinese investors and banks for many years. But he ran as an America First campaign and that's what he is delivering. "Making America great again"

Grinkorn adds Trump to date has delivered the lowest un-employment numbers in history a record-breaking stock market and the biggest tax cuts in decades, all in two and a half years this is simply an amazing achievement that no one thought was possible.

Trade has been a big issue for years Unfortunately other presidents did not want to touch it do to politics, however the president won the presidency as a non-politician candidate, and once he finally makes a deal with China, markets will continue to hit new record highs and pave the way for a 2020 presidential re-election.

Joseph Grinkorn
Morris Group
+1 212-521-4089
email us here
Visit us on social media:
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Source: EIN Presswire

Air Treatment Systems Market in India Poised for Double-Digit Growth

Shila Tiku, Global Vice President

Shila Tiku, Global Vice President

Verify Markets B2B Market Research and Consulting

2019 AIR TREATMENT SYSTEMS MARKET: INDIA

2019 AIR TREATMENT SYSTEMS MARKET: INDIA

Driven by increasing air pollution, increasing health awareness, a growing economy, and increasing media coverage about poor air quality.

The market growth is concentrated in a limited number of large areas. Delhi NCR, Bengaluru, and Mumbai account for an estimated 90.0 percent of sales for air purifiers. ”

— Global Vice President Shilpa Tiku

SAN ANTONIO, TX, UNITED STATES, August 20, 2019 /EINPresswire.com/ — A new analysis by Verify Markets shows the Indian air treatment systems market is emerging, highly fragmented, and has a huge growth potential. The market is expected to see a double-digit growth rate during the forecast period. The total Indian air treatment systems market (including air purifiers, car air purifiers, and masks) was valued over $50.0 million in 2018.

Increasing air pollution, increasing health awareness, a growing economy, and increasing media coverage about poor air quality are the key growth drivers for the air treatment systems market in India.

Consumers in the Indian market are very price sensitive. Air purifiers priced between $146.00 and $293.00 make up majority of air purifier sales in India. "The market growth is concentrated in a limited number of large areas. Delhi NCR, Bengaluru, and Mumbai account for an estimated 90.0 percent of sales for air purifiers. The majority of masks and car air purifier sales come from these areas as well,” notes Global Vice President Shilpa Tiku.

Philips emerged as the market leader in air purifier category, and Reckitt Benckiser Group plc leads the masks category. E-commerce represented the market largest share by channel for air purifiers and masks, while direct sales was the largest channel for car air purifiers in 2018.

This study provides a detailed analysis on air purifiers, car air purifiers, and masks, by segment. It covers market drivers, market restraints, market trends, coverage areas, distribution trends, pricing trends, market share analysis, and revenue forecasts until 2025. Some of the key players in the market include Philips, Sharp, Honeywell, Blueair, Xiaomi, Reckitt Benckiser, 3M, and others.

To learn more about the market, read our report on ‘2019 Air Treatment Systems Market: India.’ For more information on this report and other research (including custom reports and consulting), contact info@verifymarkets.com, visit https://www.verifymarkets, or call 210.595.6987. Follow us for more updates on Twitter @verify_markets and LinkedIn.

Verify Markets’ research methodology consists of extensive primary interviews with key participants in the market along with secondary sources to validate our information.

Haley Rico
Verify Markets
+12105959687
email us here
Visit us on social media:
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Source: EIN Presswire

Joffrey Long, Hard Money Lending Expert Witness, Answers Questions About Foreclosures and Trustees Sales

Mortgage Expert Witness

Joffrey Long

Test Your Knowledge: 10 "Normal Questions" and 9 Difficult Ones

If you can answer 40% of these foreclosure questions, you’re ahead of most of the people in our industry.”

— Joffrey Long

LOS ANGELES, CA, UNITED STATES, August 20, 2019 /EINPresswire.com/ — “Non-judicial foreclosure” in California involves a notice of default, a notice of trustees sale, the trustees sale auction, and property going to one of the bidders or reverting back to the lender/beneficiary.

There's a lot more to foreclosures and trustees sales than just what I mentioned. If you can answer 40% of these foreclosure questions, you’re ahead of most of the people in our industry. The last 9 questions are a little more advanced – all the answers will be in my next article, tomorrow.

Confirm your knowledge:

Trustees Sale Bidding: The first trust deed on a property is foreclosing. The lender’s minimum bid including the loan balance, payments due, advances, and charges on their first loan is $310,000. There’s an existing second trust deed with a $60,000 unpaid balance and a 3rd trust deed with a balance of $100,000. The property sells at the trustees sale for $400,000. What happens to the money paid at the sale in excess of $310,000? Who receives it?
What if the same house with the same 1st, 2nd, and 3rd sold for $500,000? What would happen to the money?

Second trust Deed: A lender holds a $50,000 second trust deed on a property. There’s a first trust deed for $200,000 and the first trust deed begins a foreclosure. How can the holder of the second protect their interest?

Is there another way they can protect their interest?

Delinquent property tax: House was purchased in 2015 with 250,000 first loan. Property owner never paid property taxes. By 2019, $18,500 in delinquent property taxes are due. First trust deed forecloses. Total balance on the first at time of sale is $291,000 and the property sells at the auction for $360,000:

1- Do the property taxes get paid from the trustees sale proceeds?

2- Does the buyer get the property free of the unpaid property taxes?

IRS Lien: There’s a $310,000 first trust deed that’s been on the property for 5 years. 2 years ago, the owner got an IRS lien for $75,000. The first forecloses and the property goes to auction. It sells at the trustees sale for $500,000.

1- Is the IRS lien paid off from the trustees sale?

2- Is the IRS lien “wiped out”?

3- Does the new buyer take the property with an IRS lien attached to it?

Excess Proceeds: The total of the first trust deed lender’s loan, payments and other charges is $270,000. The first forecloses and at the sale, the property sells for $400,000. After the foreclosing first trust deed holder gets their $270,000, how is the remainder of the $400,000 distributed?

Trustees Sale: Who is the auctioneer at the trustee’s sale? Who announces the auction, the property address, the trustees sale number, the opening bid, and calls for additional bids, then announces the winning bidder?

The questions get harder…………

Deed in Lieu of Foreclosure: A lender holds a loan and is foreclosing. To avoid having a foreclosure on their record, the borrower is willing to sign the property over to the lender with a deed in lieu of foreclosure. If the borrower just deeds the house to the lender, they can both bypass the foreclosure process.
Should the lender accept the deed in lieu?

Why or why not?

Lender’s Bidding at the Trustees Sale: Sometimes you’ll hear that “there was a trustees sale but there were no bidders.” This is never correct. To schedule a trustees sale, a lender must always submit a minimum opening bid. There’s always at least one bid (the lender’s) at any trustees sale. Bidders OTHER THAN the lender are called “third party bidders.” It is often true that “there were no third-party bidders at the trustees sale and the lender’s bid was the only bid.”

Question: If a lender is foreclosing, what is the maximum amount of their opening bid?

Next question: Is there ever a reason why the lender should bid less than the maximum they’re allowed to bid?

Foreclosure 103: These questions are a little tougher yet………

Is Property Auctioned at the Trustees Sale Sold “As-Is?”

Are You Sure?

Judicial Foreclosure:

We’ve talked about non-judicial foreclosure – notice of default, notice of trustees sale, then an auction, the most common in California. It can take as little as about four months, costs are about 2% of the amount of the trust deed being foreclosed on. Judicial foreclosure is a “full-on” lawsuit and could take years. It could cost tens, maybe hundreds of thousands of dollars.

Question: Why would anyone do a judicial foreclosure?

What other reasons are there?

Could you start both a judicial and a non-judicial foreclosure at the same time?

How did you do?

Please watch for part 2, tomorrow. We'll discuss the answers.

Joffrey Long is the President of Southwest Bancorp, a hard money (private money) lender and loan servicer located in Los Angeles, CA. He also testifies in mortgage litigation matters as a hard money lending expert witness. He is a member of the Board of Directors and the Education Committee of the California Mortgage Association. (www.CaliforniaMortgageAssociation.com) He holds a Level I and Level II Trustees Sale Officer Designation from the United Trustees Association. (www.UnitedTrustees.com) He’s also the originator and sponsor of the Phillip M. Adleson Education Award, an annual award that recognizes individuals who’ve made outstanding contributions to education in private money lending. Further information may be obtained, and Joffrey can be reached through www.mortgageexpertwitness.net or at www.loanservicingexpertwitness.com.

This article is for general purposes only. No action, decision, or opinion should be in any way based on any of its content. The concepts discussed in this article may be inappropriate or possibly incorrect in the context of the different circumstances or objectives of any party involved in real estate lending, loan servicing or trustees activities, bidding at trustees sales or any other activity mentioned, implied or in any way related to any content in this article. Joffrey Long is not an attorney and you should consult with qualified attorneys about any matter in this article, as many are legal in nature. Nothing in the article is meant as a standard of care, an accepted general practice, or the “correct way to do anything” in real estate lending, loan servicing, functioning as a trustee, or bidding at trustees sales.

Joffrey Long
Southwest Bancorp
818-635-1777
email us here


Source: EIN Presswire

Econoday Inc. and The Hightower Report Announce Strategic Partnership to offer Agriculture Economic Calendar

Econoday

Econoday

Econoday and The Hightower Report are jointly launching an Agriculture Economic Calendar for 2019. The data will be consumable via HTML calendar format or API.

“We are thrilled to be working with Dave and his team at The Hightower Report. They are the “Gold Standard” for economic research focusing on the commodity and financial futures markets”.”

— Michael Milmoe, President of Econoday

LAFAYETTE , CA, UNITED STATES, August 20, 2019 /EINPresswire.com/ — Econoday Inc. and The Hightower Report are jointly launching an Agriculture Economic Calendar for 2019. The data will be consumable via HTML calendar format, XML Data Feed or JSON restful API suite.

Michael Milmoe, President of Econoday said, “We are thrilled to be working with Dave and his team at The Hightower Report. They are the “Gold Standard” for economic research focusing on the commodity and financial futures markets”. “The combination of The Hightower Report research and Econoday Data delivery platform is a perfect match”.

Dave Hightower, Founder of The Hightower Report stated. “Many of our clients had requested a digital delivery of the Agriculture Economic Calendar over the years and with our Partnership, with Econoday we can deliver it on a World-Class platform”.

About Econoday, Inc.
Econoday is a technology and information company that has been serving the financial industry for over 25 years. Econoday is one of the leading providers of global economic data, with a vast archive of data and analysis used in creating innovative product solutions for the financial industry. Top online brokerage firms including Fidelity and Bank of America Merrill Lynch as well as major online media websites such as Barron’s, Nasdaq, Tradeweb, and WSJ have relied on Econoday for their economic calendar. Econoday provides comprehensive coverage of key economic indicators and events for all of the major investor countries, including Australia, Canada, China, Eurozone, France, Germany, Hong Kong, India, Italy, Japan, New Zealand, Singapore, Switzerland, United Kingdom, and the United States. Learn more by visiting http://www.econoday.com.

About The Hightower Report
In 1990, Dave Hightower and Terry Roggensack recognized the need for a strong, independent research firm in the commodity and financial futures markets. They started The Hightower Report so that individual investors, as well as commercial producers and end-users, would have access to research that focused specifically on commodities and financial futures yet independent of any brokerage firm or exchange. Dave & Terry’s use of fundamental and technical analysis in conjunction with their deep market experience has enabled them to forge one of the premiere commodity research firms in the industry. The Hightower Report broadcasts comprehensive daily research reports to over 3000 locations in 45 countries worldwide. Learn more by visiting https://hightowerreport.com

Alana Kleinberger
Econoday –
+1 (925) 310-2008
email us here


Source: EIN Presswire

Joffrey Long, Mortgage Expert Witness, Discusses NMLS 8-Hour Continuing Education: Live or Online?

Mortgage Expert Witness

Joffrey Long

Joffrey Long: Key Reasons You Should Attend a Live Class

One idea, one contact, or one new way to improve your business could be worth the entire class.”

— Joffrey Long

GRANADA HILLS, CA, UNITED STATES, August 20, 2019 /EINPresswire.com/ — A growing number of attendees return to live classes year after year. Live classes are entertaining, interactive, and draw not only on course material, but on the combined decades of experience of the instructor and the attendees. Participants in live classes contribute their personal knowledge, often to the benefit of the group.

The fast moving classes cover:

Federal Law and Regulation impacting real estate loans, including TILA/RESPA Integrated Disclosures (TRID), Fair
Lending, and practical aspects of compliance and interaction with Federal requirements.

Non-Traditional Mortgages, including VA Loans, will be addressed, along with coverage of Qualified Mortgage and “Non-QM” loans, and Hard Money Loans. (Private money loans)

State Law and Regulation are also covered, along with practical aspects of compliance, including the California Homeowner’s Bill of Rights, (HBOR) requirements and compliance with HBOR, and non-judicial Foreclosure.

Ethics, including compliance with privacy laws, as well as ethics for those who are loan originators is covered. It is also discussed as it relates to loan servicers, or lenders who may service a mortgage.

Expert witness testimony in Superior Courts, Federal Courts, Bankruptcy Court, and in Arbitrations provides Joffrey Long with additional insights and information of value. Certain loan originators, loan servicing personnel, and other participants in either making, arranging, or servicing consumer-purpose loans are required to hold an NMLS endorsement, often in addition to another license under which they originate loans.

Loan originators get more from the classes than just continuing education credit. They network, exchange ideas on the direction of the industry, trends in mortgage lending, and information about useful sources, lenders, and ways of dealing with the continual changes we face. One idea, one contact, or one new way to improve your business could be worth the entire class!

The 8-hour class will be provided in numerous locations in Los Angeles, Orange, and San Bernardino Counties. Joffrey Long will be teaching the class in the following locations:

* Wednesday, August 21, in Downey, CA, and

* Friday, August 23, in Van Nuys, CA, and

* Wednesday, September 11, in Long Beach, CA

For registration and other upcoming class locations, visit www.DuaneGomer.com

Joffrey Long
Southwest Bancorp
+18183665200
email us here


Source: EIN Presswire