August 22, 2014 4:19 PM ET

Real Estate Management and Development

Company Overview of Long & Foster Real Estate, Inc.

Company Overview

Long & Foster Real Estate, Inc. provides residential and commercial real estate and related financial services in the Mid-Atlantic region. It offers services the areas of buying, such as real estate search and relocation services; selling, including relocation services; renting services, such as find a vacation rental property; financing services ; owning services, such as maintaining and upgrading homes; and living. The company also provides services for mortgage, title, and insurance. Long & Foster Real Estate, Inc. was founded in 1968 and is based in Chantilly, Virginia. The company has additional offices in Virginia, Maryland, Washington, District of Columbia, Pennsylvania, New Jersey, W...

14501 George Carter Way

Chantilly, VA 20151

United States

Founded in 1968

Phone:

703-653-8500

Fax:

703-591-6978

Key Executives for Long & Foster Real Estate, Inc.

President and Chief Operating Officer
Age: 52
President and President of General Brokerage
Chief Financial Officer and Senior Vice President
Chief Executive Officer of Prosperity Home Mortgage and President of Long & Foster® Companies Affiliated Businesses
Compensation as of Fiscal Year 2014.

Long & Foster Real Estate, Inc. Key Developments

Long & Foster Real Estate Names Vicki L. Hamp as Regional Vice President of its Corporate Real Estate Services (CRES) Division

Long & Foster Real Estate has named Vicki L. Hamp as regional vice president of its Corporate Real Estate Services (CRES) division. Hamp has worked in the real estate business for more than 20 years, and she previously served as regional director with Long & Foster’s CRES a role she held since 2005.

Long & Foster Real Estate Names Camille W. Mims as Regional Vice President of Corporate Real Estate Services Division

Long & Foster Real Estate has named Camille W. Mims, CRP, as regional vice president of its Corporate Real Estate Services division. Mims has worked in the real estate business for more than 25 years, and she previously served as regional director for Long & Foster’s Corporate Real Estate Services—a role she held since 2012. Mims brings to her new role a wealth of experience in developing corporate, affinity and broker relationships, as well as identifying and implementing new revenue streams for the company. Her expanded role with the company is a result of her long career as director of relocation and corporate services with Fonville Morisey Realty.

Wells Fargo to End Mortgage Joint Ventures with HomeServices Lending and Long & Foster

Wells Fargo (WFC) announced that it will terminate eight mortgage joint ventures including a partnership with HomeServices Lending. Wells said its decision to end the affiliated business arrangements was based on recent regulatory actions, including changes in state and federal oversight that have increased the complexity and difficulty of operating mortgage joint ventures. The eight joint ventures fund and close loans and typically have their own sales and processing teams. Wells provides product and support and typically buys the majority of home loans from the ventures. The eight ventures are Bankers Funding; Colorado Mortgage Alliance, DE Capital Mortgage; Home Services Lending; Military Family Home Loans; Prosperity Mortgage, a joint venture with Long & Foster; Premia Mortgage and Private Mortgage Advisors. Roughly 300 employees will be affected as the eight joint ventures are wound down over the next 12 to 18 months.

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