Huron Law Group Welcomes Industry Veteran to Staff

SOUTHFIELD, Mich., March 23, 2016 /PRNewswire/ – Huron Law Group is pleased to announce the newest edition to our leadership team, Kevin St. Pierre.  Kevin has come on board as Manager of Client Services and brings over 25 years of experience in the financial services and collection industry.  Huron Law Group knows Kevin will help us continue delivering best-in class customer service, while building strong creditor relationships.

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Prior to joining Huron Law Group, Kevin most recently served as general manager overseeing operations for one of the largest collection agencies in the world, NCO Financial Systems. It is this experience that gives him the unique ability to see how problems look from both sides of the table. Kevin is deeply committed to ensuring a successful outcome for every client and has a reputation for excellence in client satisfaction.  

“My decision to join the firm was based on my trust in the leadership currently in place, coupled with the ability to advance rapidly through the organization.  I am committed to making a positive impact that contributes to the overall success of the company and feel I have found both professional and personal satisfaction working with Huron Law Group.” – Kevin St. Pierre        

About Huron Law Group 

Huron Law Group is a national law firm focused on providing cost-effective legal representation to the customer.  If you have ever considered a debt reduction program such as credit card refinancing, Huron Law Group’s debt mediation program is typically less expensive and offers piece of mind with our network and debt resolution attorneys.  Huron Law Group’s legal representation levels the playing field for its clients when dealing with banks and debt collectors for a fee that consumers can afford and in a way that provides real savings.

Contact

To learn more about Kevin St. Pierre or Huron Law Group, please contact

Shawn Burdick, Media Relations
26711 Northwestern Hwy. Suite 300
Southfield, MI 48033
Office: 248-809-4982
sburdick@huronlawgroup.com

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SOURCE Huron Law Group

Where Are The Nation’s Young Homebuyers? Boston, Pittsburgh and DC

CHARLOTTE, N.C., March 17, 2016 /PRNewswire/ – Millennials in Boston, Pittsburgh and Washington D.C. pursue home ownership more than their counterparts in any of the nation’s top 50 cities, according to a new study by LendingTree®, the nation’s leading online loan marketplace. They’re at the forefront of a growing nationwide trend of young buyers returning to the housing market.

LendingTree analyzed mortgage requests for consumers 34 years and under in the past 12 months, along with requests from the total population of mortgage-seekers based on the location of the property to be mortgaged. The city ranking is created from the percentage of all purchase mortgage requests that were submitted by consumers in the millennial generation.

Boston, MA tops the list with 52.5% of all purchase mortgage requests coming from millennials, followed by Pittsburgh, PA (48.96%) and Washington, D.C. (48.17%). Average mortgage loans to young borrowers in those cities are $343,783.11, $161,083.33 and $352,719.90 respectively.

On average, 41.36% of all mortgage requests through LendingTree come from applicants under 35 years old. The average age for a home buyer in that age group is twenty-nine. Their mortgage loans average $220,949.02, and their down payments $32,759.66.

“The under-35 crowd had been, for some years, hesitant to enter the housing market, but we’re seeing that start to shift,” said Doug Lebda, CEO of LendingTree. ”The data all points to the fact that millennials are increasingly eager to own rather than rent, and even the incredibly high real estate prices in some markets don’t necessarily deter them.”

While San Francisco millennials signed on for the highest average mortgage loans in the country ($505,160.60), requiring the biggest average down payments ($162,474.11), the city also sees a relatively large percent of home loan requests coming from millennials (42.32%), underscoring the fact that San Francisco is home to top-earning young professionals well-positioned to afford expensive housing costs.

Mortgage loans made to millennials in Buffalo, New York, meanwhile, are the nation’s lowest at just $131,232.06 (down payments average $21,915.93 for this age group). The city also boasts the overall lowest monthly mortgage payment for young homeowners, at just $747.86, helping explain why the city has seen an upswing in young people moving there.

“Overall, we’ve seen a 28.5% increase in loan requests from millennials this past year over the prior one, evidence that the appeal of home ownership is strong – and growing- for young buyers,” said Lebda.

Rank

City

 % of
Purchase
Requests
from  <35
Yrs

Avg Credit
Score (<35
Yrs)

Avg Age
of buyer
(35 Yrs)

Avg Down
Pmt (<35
Yrs)

Avg Loan Amt
(<35 Yrs)

Avg
Monthly
Pmt (<35
Yrs)

1

Boston MA

52.46%

727

28

$56,947.94

$343,783.11

$1,911.77

2

Pittsburgh PA

48.96%

718

29

$21,787.38

$161,083.33

$929.75

3

Washington DC

48.17%

739

30

$69,348.98

$352,719.90

$2,014.06

4

Des Moines IA

48.15%

708

29

$17,669.19

$136,276.74

$785.78

5

Minneapolis MN

47.34%

715

29

$28,652.93

$198,834.31

$1,140.44

6

Columbus OH

45.57%

717

29

$26,236.45

$170,434.04

$973.06

7

Chicago IL

45.48%

731

30

$44,597.48

$259,863.04

$1,476.97

8

Milwaukee WI

45.12%

714

29

$22,501.73

$166,315.19

$956.53

9

Omaha NE

44.64%

710

28

$21,381.27

$184,036.70

$1,026.89

10

Rochester NY

44.51%

718

30

$24,590.07

$137,213.09

$789.23

METHODOLOGY: LendingTree analyzed mortgage requests for consumers 34 years and under in the past 12 months, along with requests from the total population of mortgage-seekers based on the location of the property to be mortgaged. The city ranking is created from the percentage of all purchase mortgage requests that were submitted by consumers ages 18 to 34.

About LendingTree

LendingTree (NASDAQ: TREE) is the nation’s leading online loan marketplace, empowering consumers as they comparison-shop across a full suite of loan and credit-based offerings.  LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 55 million loan requests. LendingTree provides free monthly credit scores through My LendingTree and access to its network of over 350 lenders offering home loans, personal loans, credit cards, student loans, business loans, home equity loans/lines of credit, auto loans and more. LendingTree, LLC is a subsidiary of LendingTree, Inc. For more information go to www.lendingtree.com, dial 800-555-TREE, like our Facebook page and/or follow us on Twitter @LendingTree.

MEDIA CONTACT:
Megan Greuling
704-943-8208
Megan.Greuling@LendingTree.com

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SOURCE LendingTree

RELATED LINKS
http://www.lendingtree.com