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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Author: Michael Gersitz

You are here: Homepage > Articles by: Michael Gersitz

Fannie Mae’s Henry Cason becomes CEO of FinLocker

Following other recent moves from the government-sponsored enterprises to the private sector, former Fannie Mae Head of Digital Products Henry Cason announced his move to FinLocker, a consumer-permissioned personal financial assistance tool. FinLocker CEO Henry Cason Cason will serve as

Michael Gersitz January 13, 2021 External Articles Read more

How one lender is tackling demand for jumbo loans in 2021

Following its rebrand from Citadel Servicing Corp. to Acra Lending, the company has also launched a new jumbo prime program. HousingWire recently spoke with Keith Lind, Acra executive chairman and president, and Acra CEO Kyle Gunderlock, about the new program

Michael Gersitz January 13, 2021 External Articles Read more

Mortgage Tech Demo Day: Finance of America Mortgage

Finance of America Mortgage Finance of America Mortgage has served the rigorous demands and long-term needs of our customers for more than a quarter-century. We’re dedicated to helping our clients achieve the dream of homeownership. And with the support of

Michael Gersitz January 13, 2021 External Articles Read more

Mortgage Tech Demo Day: Nomis

Nomis Mortgage Helping pricing from start to finish, Nomis Mortgage is a comprehensive, powerful analytics suite for banks and lenders. Nomis Mortgage expands the efficiency frontier by increasing both margins and volume, giving teams real-time competitive and pricing analytics and

Michael Gersitz January 13, 2021 External Articles Read more

Mortgage Tech Demo Day: iEmergent

iEmergent iEmergent’s Mortgage MarketSmart and DIVERSIFi solutions provide accurate market opportunity forecasts, current listing/agent data, and critical competitor data that drill down from national to local levels of detail. With powerful analytical and visualization tools, our insight enables lenders to

Michael Gersitz January 13, 2021 External Articles Read more

Reggora gets Series B funding, eyes 2-day appraisals

Appraisal software company Reggora today announced the completion of a $30 million Series B funding round, led by returning investor Spark Capital. Other investors included Shine Capital, Greenpoint Partners, Boston Seed and 1984. The company snagged $10 million in a

Michael Gersitz January 13, 2021 External Articles Read more

Repurposing Properties: Creating New Uses from Old Buildings

Investors have long been interested in adaptive reuse – the process of repurposing a vacant or underutilized building and converting it into another use. Vacant malls, for example, are now being transformed into medical uses, schools and even housing. And

Michael Gersitz January 13, 2021 External Articles Read more

How Solo Entrepreneurs Can Improve Their Products and Businesses with Ben Foster | BP Business 90

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10 Things You Didn’t Know About Airbnb | Daily Podcast

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Despite New Stimulus, More Than 3 Million Renters Facing COVID-19 Unemployment Bear Extreme Housing Cost Burden

Recently finalized stimulus package will help, but rent burdens continue to exceed affordability threshold Go to Source Author:

Michael Gersitz January 12, 2021 Zillow Articles Read more

Backdoor Roths, Mega Backdoor Roths, & Roth Conversion Ladders with The Mad Fientist | BP Money 162

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Landlords: Always (Always, Always) Require Renters Insurance—Here’s Why | Daily Podcast

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How I Started Investing In Real Estate With Only $1,000 In My Pocket | Meet The Investors

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Mad Mondays | Ben Mallah Podcast

Michael Gersitz January 11, 2021 Videos Read more

Pandemic Year Brought Incredible Surge in ‘Million-Dollar Cities’

There are 312 U.S. cities with a typical home value of at least $1 million — 45 more than a year ago. Go to Source Author:

Michael Gersitz January 11, 2021 Zillow Articles Read more

Real Estate Taxes 101: What You Need to Know (& 2 Steps to Complete ASAP) | Daily Podcast

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MISMO to prioritize eMortgages in 2021

This year, eClosings surged as remote online notarization became more popular and consumers looked for alternative ways to close on a home. Moving forward, the Mortgage Industry Standards Maintenance Organization, a not-for-profit subsidiary of the Mortgage Bankers Association, will continue

Michael Gersitz January 10, 2021 External Articles Read more

Will there be a housing supply shortage in 2021?

This is the fifth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions for our HW+ members. Every Tuesday in December, HousingWire interviewed a top economist in the HW+ Slack channel. In

Michael Gersitz January 10, 2021 External Articles Read more

People movers: Mid America, TMC, Framework and Sagent

To start off this week’s people movers, Mid America Mortgage promoted Jemma Pachiano to chief operating officer. Pachiano joined the company in 2011 as national support and training director where she led communication between the company’s executive team, operations team and

Michael Gersitz January 10, 2021 External Articles Read more

What to budget for closing costs when buying a house

Are you considering purchasing a home for the first time? Then you’re probably already saving money for your down payment. But what about all the other costs needed to complete the transaction? Understanding what expenses are required at closing to

Michael Gersitz January 10, 2021 External Articles Read more

Homepoint files for IPO

Correspondent and wholesale lender Homepoint is the latest mortgage company to aim for an IPO. The Ann Arbor, Michigan-based lender filed an S-1 with the Securities and Exchanges Commission on Friday afternoon. The company indicated in the S-1 that its

Michael Gersitz January 10, 2021 External Articles Read more

Fed bond purchases to keep pace through end of 2021

The Federal Reserve made another bid for economic stability on Friday after Vice Chairman Richard Clarida said he expects the central bank to maintain the pace of its bond purchases through 2021. “My economic outlook is consistent with us keeping

Michael Gersitz January 10, 2021 External Articles Read more

2021 means new challenges for mortgage lending

For many of us, the start of a new year is usually synonymous with a renewed sense of professional self, focusing on new goals, new prospects for the year and, of course, the excitement for the upcoming spring real estate

Michael Gersitz January 10, 2021 External Articles Read more

Economists see housing as bright spot to unemployment

Another month of rising COVID-19 cases left the unemployment situation in the U.S. virtually unchanged in December, with the rate holding for the second month at 6.7%, the U.S. Labor Department said on Friday. Due to massive losses in the

Michael Gersitz January 10, 2021 External Articles Read more
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  • Michael Gersitz
  • Phone: (716)870-5786
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About Me

I am a Real Estate Agent based out of Tonawanda, licensed to buy, sell and lease real estate in New York State! Give me a call, it might be the best decision you ever make!


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