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Virginia Housing CEO to retire
Susan Dewey will step down Dec. 31
Virginia Housing CEO Susan Dewey will retire Dec. 31, after 24 years heading the Richmond-based authority. “Under Susan’s leadership, Virginia Housing made critical and timely strategic changes over the years
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Primis Bank selling minority interest back to Southern Trust Mortgage
The transaction is expected to close in the fourth quarter
Published
Glen Allen-based Primis Bank, a wholly-owned subsidiary of McLean-based Primis Financial Corp., entered into an agreement to sell its minority interest back to Virginia Beach-based Southern Trust Mortgage LLC (STM),
Trustar Bank announces first acquisition
Great Falls bank acquires Fairfax-based mortgage firm
Published
Great Falls-based Trustar Bank announced its first-ever acquisition Wednesday, taking control of Fairfax-based Granite Mortgage LLC. The acquisition will add Granite Mortgage’s full-service mortgage business line to Trustar’s (founded in
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Va. makes $12M extra CARES funding available for rent, mortgage relief
Funding available for tenants, landlords
Published
An additional $12 million in federal CARES Act funding will be directed to Virginia’s Rent and Mortgage Relief Program (RMRP) due to high demand for financial assistance with mortgages and
Do Virginians have more confidence in the housing market in 2020?
Roanoke College survey finds increase in consumer positivity
Published
Are you thinking about making a move this year? Whether buying a first home, upgrading or downsizing, Virginians are entering 2020 with a positive outlook on the real estate market.