Economic News
Get on it, FHA! This week, Lend America was disqualified from lending FHA backed loans due to submitting false documents and completing loans that...
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All posts tagged "Mortgage"
Economic News
Apps up, but why? Good news was released today by the Mortgage Banker’s Association that mortgage applications were up last week despite a dip...
Economic News
Nine solid months = recovery? For the ninth month in a row, pending home sales are up, according to the National Association of Realtors....
Economic News
The end of Lend America Independent mortgage originator, Lend America announced today that it would cease operations immediately. This came as a surprise to...
Housing News
Short sales brightening up Today, the U.S. Treasury Department released their highly anticipated guidance on a plan for mortgage companies to expedite short sales...
Economic News
Making modifications permanent This morning, we talked about President Obama’s plan to call lenders to the carpet and he along with the Treasury Department...
Economic News
Let it be written, let it be done This morning, President Obama will be giving a speech directed at the banking industry and many...
Economic News
Fannie, Freddie and refis, oh my This past week revealed new loan applications at a volume unmatched in 12 years while the number of...
Economic News
New Construction Stats October’s new home sales stats are in and the 6.2% rise in sales easily beat speculators’ estimates after a rough year...
Economic News
General Motors and Homeowners… Bankruptcy filings spiked 33% in the third quarter and in 2009, filings are up 35% over 2008. This marks the...
Economic News
Dropping rates It is reported today that last week’s 30-year mortgage rates dropped to 4.78%, matching the record low which was set in April...
Economic News
Freddie Mac’s portfolio changes Today, Freddie Mac reported its total portfolio increased at an annualized rate of 0.7 percent in October compared to 0.8...
Economic News
Lending plummets The Mortgage Brokers Association just released their multifamily lending report, revealing that the dollar amount decreased between 2007 to 2008, plummeting to...
Economic News
Record high delinquencies and foreclosures This past quarter has been a record breaking time in American history as the Mortgage Bankers Association reports that...
Economic News
Today, I was emailed an agreement… from another real estate agent on an expensive property that contained a very low deposit, a very, very...
Economic News
My latest listing found me on Google by researching the term “short sale real estate agent in Western MA” and has been following my...
Economic News
Please welcome our newest author, Fred Glick, mortgage broker and Realtor who works on both coasts (and carries two cell phones to prove it!),...
Housing News
What’s Behind Door Number Two: Make money quick! Invest pennies on the dollar! NOW is the time to buy up foreclosure properties! Your buyers...
Economic News
Could today’s housing market be a false market? Between 2006 and the end of 2008, the market in the Washington, DC metro area and...
Housing News
Dear home buyer, sucks to be you: If you are an agent assisting a buyer with applying for the $8,000 tax credit, you might...
Economic News
Mortgage Professionals on Twitter Recently, we shared the list of Agent Genius writers (current and former) on Twitter, and today we wanted to turn...
Economic News
Indianapolis based appraisal management company StreetLinks has established a $1,000,000 fund to pay a performance guarantee to its clients, saying that it ensures their...
Housing News
First time homebuyer’s credit The first time homebuyer’s credit has helped tens of thousands of home buyers purchase property this year. Nationally it’s accounted...
Housing News
Real Estate salespeople are usually optimists. They want to believe that things are getting better, and with the low mortgage rates, buyer demand, and...
Economic News
Personal experience with homeowner distress My experiences in personal homeowner distress has led me down several interesting and edifying paths, but the one that...
