Residential Real Estate Mortgage Lenders in the Wichita Area – Wichita Business Journal

Mortgage data company CoreLogic says 7.9 percent of residential properties in Wichita with a mortgage – or 7,202 of them – had negative equity during the second quarter.. The company says another 4.4 percent, or 4,032 properties, were close to being under water. Nationally, the firm says 23 percent of residential properties have negative equity.

Capitol Federal signs deal to open branch in Derby Marketplace project – Capitol Federal’s expansion is notable because of the company’s business model, which is centered in the mortgage loan. in home prices. Wichita and Kansas largely have been spared from the fallout.

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That’s true,” says John Clevenger, Wichita-area president of Commerce Bank. “I think the bank just felt like they needed to stay in the banking business and not in the real estate business,” he.

The bank, which will focus primarily on commercial lending and real estate. Northwest Wichita was chosen as the location for the new bank, Harris says, because it’s a growing commercial and.

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They are getting a sliver of the pie, but when the business. working real estate agents would quit their jobs by the end of the year, and that there would be 23 percent reduction in new membership..

The job was largely in sales and business. the bank’s problem loans are “predominantly in commercial real estate and predominantly in the Kansas City area.” Johnson spent 17 years with Bank IV and.

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