{"id":450615,"date":"2026-02-05T14:05:08","date_gmt":"2026-02-05T14:05:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/450615\/"},"modified":"2026-02-05T14:05:08","modified_gmt":"2026-02-05T14:05:08","slug":"meet-mark-asher-jersey-shore-house-architect-mortgage-scheme-near-temple-university-involved-dozens-of-agents","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/450615\/","title":{"rendered":"Meet Mark Asher, Jersey Shore house architect; mortgage scheme near Temple University involved dozens of agents"},"content":{"rendered":"<p class=\"inq-p text-primary  \">Imagine a warm, sunny day at the Jersey Shore. You can hear the waves and feel the sand. And you can probably picture the houses.<\/p>\n<p class=\"inq-p text-primary  \">Mark Asher is the architect whose style gave modern Jersey Shore homes their look.<\/p>\n<p class=\"inq-p text-primary  \"><a class=\"relative z-1 text-blue-mid hover:shadow-lightmode\" data-link-type=\"article-body\" href=\"https:\/\/www.inquirer.com\/real-estate\/home\/mark-asher-architect-jersey-shore-20260205.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.inquirer.com\/real-estate\/home\/mark-asher-architect-jersey-shore-20260205.html\">Meet the man behind these properties.<\/a><\/p>\n<p class=\"inq-p text-primary  \">Keep scrolling for that story and more in this week\u2019s edition:<\/p>\n<p class=\"inq-p text-primary  \">\u2014 Michaelle Bond<\/p>\n<p class=\"inq-p text-primary  \">If someone forwarded you this email, <a class=\"relative z-1 text-blue-mid hover:shadow-lightmode\" data-link-type=\"article-body\" href=\"https:\/\/www.inquirer.com\/newsletters\/real-estate\/sign-up\/\" title=\"\" rel=\"nofollow noopener\" target=\"_blank\">sign up for free here.<\/a><\/p>\n<p class=\"inq-p text-primary  \">Mark Asher has been designing homes from Cape May to the Philly suburbs for more than 40 years.<\/p>\n<p class=\"inq-p text-primary  \">When you\u2019re at the Jersey Shore and see homes with cedar siding, wooden gambrel roofs, and indoor spaces that flow into outdoor patios and pools, you\u2019re seeing Asher\u2019s influence.<\/p>\n<p class=\"inq-p text-primary  \">The first house he designed was in the \u201880s for his parents. It was an 1,800-square-foot Cape Cod in Ocean City.<\/p>\n<p class=\"inq-p text-primary  \">Asher, who\u2019s now based in Jenkintown, has since designed for yacht clubs and for families. His designs have evolved over the years to keep up with his clients\u2019 changing needs.<\/p>\n<p class=\"inq-p text-primary  \">Do you have strong feelings about rocks vs. grass at Shore properties? Asher does. The architect brought in green lawns. \u201cThe stones were hot in the summer, cold in the winter, and ugly all year round,\u201d he said.<\/p>\n<p class=\"inq-p text-primary  \">Keep reading to learn about Asher\u2019s work and see some <a class=\"relative z-1 text-blue-mid hover:shadow-lightmode\" data-link-type=\"article-body\" href=\"https:\/\/www.inquirer.com\/real-estate\/home\/mark-asher-architect-jersey-shore-20260205.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.inquirer.com\/real-estate\/home\/mark-asher-architect-jersey-shore-20260205.html\">examples of homes he\u2019s designed.<\/a><\/p>\n<p class=\"inq-p text-primary  \">In December, my colleagues Ryan W. Briggs and William Bender told us about a mystery surrounding the sale of properties around Temple University.<\/p>\n<p class=\"inq-p text-primary  \">Clients of real estate agent Patrick C. Fay were paying almost double the asking price for properties that had been sitting on the market. <a class=\"relative z-1 text-blue-mid hover:shadow-lightmode\" data-link-type=\"article-body\" href=\"https:\/\/www.inquirer.com\/news\/temple-student-housing-pat-fay-mortgages-20251212.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.inquirer.com\/news\/temple-student-housing-pat-fay-mortgages-20251212.html\">The sales looked suspicious.<\/a><\/p>\n<p class=\"inq-p text-primary  \">But Fay didn\u2019t handle transactions alone. In a follow-up investigation, my colleagues found that more than two dozen Philly-area real estate agents helped arrange $45 million worth of questionable deals involving student rentals.<\/p>\n<p class=\"inq-p text-primary  \">The prices recorded on deeds and other official documents were much higher than what sellers actually received, which was closer to the original listing price. One appraiser said agents tried to pressure him to raise the valuation of a property.<\/p>\n<p class=\"inq-p text-primary  \">As a former assistant U.S. attorney told my colleagues, \u201cIf you don\u2019t present an accurate picture to the financial institution that is financing the loan, you\u2019ve got problems.\u201d<\/p>\n<p class=\"inq-p text-primary  \">The Inquirer\u2019s reporting on this possible mortgage fraud has led to investigations by at least two organizations: Coldwell Banker, Fay\u2019s former employer; and Temple, which is looking into possible impacts on student renters.<\/p>\n<p class=\"inq-p text-primary  \">Keep reading to learn more about the real estate deals at the center of my colleagues\u2019 investigation and see the <a class=\"relative z-1 text-blue-mid hover:shadow-lightmode\" data-link-type=\"article-body\" href=\"https:\/\/www.inquirer.com\/news\/temple-student-housing-pat-fay-mortgages-20260131.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.inquirer.com\/news\/temple-student-housing-pat-fay-mortgages-20260131.html\">signs of trouble that are brewing in the neighborhood around Temple.<\/a><\/p>\n<p>The latest news to pay attention to<\/p>\n<p class=\"inq-p text-primary  \">Cooper Lee Kidd celebrated a milestone birthday in a big way.<\/p>\n<p class=\"inq-p text-primary  \">He bought his first home one day before he turned 30. He wanted more indoor and outdoor space after living in small apartments in Queen Village and Rittenhouse Square.<\/p>\n<p class=\"inq-p text-primary  \">He purchased a 900-square-foot rowhouse in East Mount Airy. It was actually the first home he toured during his home search.<\/p>\n<p class=\"inq-p text-primary  \">The house has tall ceilings and gets lots of natural light. Kidd decorated with his photography, turned the second bedroom into an office, and cleared out the trash in the backyard to make room for a garden.<\/p>\n<p class=\"inq-p text-primary  \">The previous owner left some furniture that Kidd was happy to have.<\/p>\n<p class=\"inq-p text-primary  \">Peek inside Kidd\u2019s birthday present to himself and learn the many reasons <a class=\"relative z-1 text-blue-mid hover:shadow-lightmode\" data-link-type=\"article-body\" href=\"https:\/\/www.inquirer.com\/real-estate\/home\/a\/mount-airy-rowhouse-first-time-homeowner-gardening-20260204.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.inquirer.com\/real-estate\/home\/a\/mount-airy-rowhouse-first-time-homeowner-gardening-20260204.html\">why he loves his neighborhood.<\/a><\/p>\n<p>\ud83d\udcf7 Photo quiz<\/p>\n<p class=\"inq-p text-primary  \">Do you know the location this photo shows?<\/p>\n<p class=\"inq-p text-primary  \">\ud83d\udcee If you think you do, <a class=\"relative z-1 text-blue-mid hover:shadow-lightmode\" data-link-type=\"article-body\" href=\"https:\/\/www.inquirer.com\/real-estate\/mailto:realestatenewsletter@inquirer.com\" title=\"\" rel=\"nofollow noopener\" target=\"_blank\">email me back.<\/a><\/p>\n<p class=\"inq-p text-primary  \">Last week\u2019s quiz featured a photo taken at the <a class=\"relative z-1 text-blue-mid hover:shadow-lightmode\" data-link-type=\"article-body\" href=\"https:\/\/www.inquirer.com\/real-estate\/malvern-pennsylvania-turnpike-interchange-society-hill-church-renovation-20260129.html\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.inquirer.com\/real-estate\/malvern-pennsylvania-turnpike-interchange-society-hill-church-renovation-20260129.html\">mini golf course in Franklin Square.<\/a><\/p>\n<p class=\"inq-p text-primary  \">Props to Lars W. for getting that right.<\/p>\n<p class=\"inq-p text-primary  \">Enjoy the rest of your week.<\/p>\n<p class=\"inq-p text-primary  \">By submitting your written, visual, and\/or audio contributions, you agree to The Inquirer\u2019s <a class=\"relative z-1 text-blue-mid hover:shadow-lightmode\" data-link-type=\"article-body\" href=\"https:\/\/www.inquirer.com\/about\/terms_and_conditions\/#Use\" target=\"_blank\" rel=\"noopener nofollow\">Terms of Use<\/a>, including the grant of rights in Section 10.<\/p>\n","protected":false},"excerpt":{"rendered":"Imagine a warm, sunny day at the Jersey Shore. You can hear the waves and feel the sand.&hellip;\n","protected":false},"author":2,"featured_media":450616,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[228,226,227,229,88,211429],"class_list":["post-450615","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arts-and-design","tag-arts","tag-arts-and-design","tag-artsanddesign","tag-design","tag-entertainment","tag-mark-asher-architect-temple-student-housing-pat-fay-mortgages"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/450615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=450615"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/450615\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/450616"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=450615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=450615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=450615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}