St. Mary’s Bank has elected Stephen Grzywacz as Chairman and Elizabeth Hitchcock as Vice-Chairman, the company announced in a press release. Grzywacz served on St. Mary’s Board of Directors since 2010 and is President and CEO of Milford Lumber Company and Muir Lumber Corporation. He is also Treasurer and CEO of P.J. Currier Lumber Company, and is a Trustee/Chairman for Manchester High School Central Alumni Scholarship Trust and Trustee for Holy Trinity Cathedral. Grzywacz will replace past Chairman Guy Chapdelaine, who will remain on the Board of Directors. Elizabeth Hitchcock has served on the Board of Directors since 2015. She is a General Partner at the Millworks Fund, an investment fund supporting New Hampshire’s startup community. Hitchcock was an Outstanding Women’s…
The people of the world are watching the horror unfolding in Ukraine, and we at The Mortgage Note want to highlight those in the housing industry who are stepping up to help. News of realtors collecting donations for those affected by the invasion is already spreading. In Winterville, NC, Realty One Group has collected cheer boxes to be donated to Ukrainian refugee children. According to WNCT-TV’s Claire Molle and Courtney Layton, owners Heather Garris and Scott Corbin asked for shoeboxes filled with gifts, toys, and notes for refugee children who fled from Ukraine to Poland. Realtors at Berkshire Hathaway Verani Realty Office in Exeter, NH, boxed up diapers, clothes, and toiletries last week to send to Ukrainian refugees. Mike Cronin…
Home showings skyrocketed in 2021 as potential buyers scoured the hot housing market for a new home, according to a new report from ShowingTime. ShowingTime, a residential real estate showing management and market stats technology provider, released a report showing 2021 ended with an 11.5% year-over-year (YOY) increase in home showing traffic. The report notes that showings slowed as stock shortages continued to plague the housing market, but the ratio of showings per listing remained high in busy areas. “2021 was a banner year for residential real estate as buyer demand was up nationally for most of the year, pushing the ratio of showings per listing to historic highs,” said ShowingTime Vice President and General Manager Michael Lane. Seattle and…
By KIMBERLEY HAAS People who were victimized by what investigators have called the biggest Ponzi scheme in New Hampshire history can apply for compensation. In a news release, officials from the state’s Department of Justice announced that victims of Financial Resources Mortgage, Inc., and CL&M, Inc., can start filing applications to seek compensation from the FRM Victims’ Contribution Recovery Fund. People can submit an application either by printing, filling out, and mailing the paper version or by completing and sending the electronic version. The application deadline is May 18. After Financial Resources Mortgage collapsed in 2009, the U.S. Securities and Exchange Commission charged Scott Farah of Meredith, NH, and Donald Dodge of Belmont, NH, claiming they operated a fraudulent Ponzi…
By KIMBERLEY HAAS More than a quarter of the states in the country have experienced a rental price increase of 20% or more in 2021 and a senior research analyst says people moving out of cities and into more rural communities are partially to blame. Nick VinZant works for QuoteWizard by LendingTree. He co-authored an article that was published this month which shows that Florida had the highest percentage increase in the nation at 29%. The average rent for a one-bedroom apartment in Florida is about $1,425. Arizona, Georgia, Idaho, Massachusetts, Nevada, New Hampshire, New Mexico, New York, North Carolina, Rhode Island, Tennessee, Utah, and Washington all saw rents increase by more than 20% for one-bedroom apartments in 2021, according…
By Kimberley Haas Veterans throughout the country are being gifted homes or renovations to their existing houses as lenders and other business leaders come together to honor the service and sacrifices of the men and women who served in the U.S. military. On Wednesday, Veterans United Home Loans in Columbia, Mo., announced they are giving away 11 homes to 11 veterans to celebrate Veterans Day. Actor, comedian, and retired United States Marine Officer Rob Riggle has teamed up with Veterans United to be part of the project. “These veterans have continued to live the military value of ‘selfless service’ even after they’ve hung up their uniforms,” Riggle said in a statement. Veterans United is surprising 10 veterans with new houses…
