Real Estate Short Sale News and Info

Current Articles

• DeMarco’s Unforgiving Stance on Troubled Homeowners
• BofA Offering Up to $30K in Relocation Assistance for Short Sales
• Judicial States Will Lag Behind Recovery: Capital Economics
• MGIC Files Lawsuit Against Freddie Mac and FHFA Over Pool Dispute
• Median Home Prices Rise in April: RE/MAX
• Gerner & Kearns Appoints New Associate
• American InfoSource Acquires Ascension Capital Group
• Americans Overwhelmingly Prefer Fixed-Rate Refinances
• Training Loan Officers Amid a Regulatory Tsunami
• Green Shoots Appear; Is it Time to Fix Fannie Mae and Freddie Mac?
• The Potentially Negative Effect of Mortgage Principal Reductions
• AGAIN! Fixed Mortgage Rates Hit Record Lows
• Housing Affordability Reaches New Record High
• Commercial Mortgage Bonds Decline as $9B Weighs Down Market
• New Appraisal Institute Book Provides Insight into Litigation Valuation
• 360 Mortgage Group Succeeds with HARP 2.0, Now Helping Significant Number of Qualified Underwater Borrowers
• Cityside Hires Chief Business Development Officer
• United Wholesale Mortgage Introduces ‘ELITE’ Program for Brokers
• As Economy Improves, Prices to Hit Bottom in 2013 After Dropping: Fitch
• Dataquick: Increase in Bay Area Home Sales and Median Price
• Story of Recovery Will Lack Uniformity: Demand Institute
• Southern California Home Sales Figures Rise
• OCC Directs Allonhill to Cease Foreclosure Review
• OCC Directs Allonhill to Cease Foreclosure Review
• Wells Fargo Brings NeighborhoodLIFT to Florida
• Wells Fargo Brings NeighborhoodLIFT to Florida
• Rogers Townsend Brings on Three New Attorneys
• Rogers Townsend Brings on Three New Attorneys
• Gateway Mortgage Group Establishes Omaha Branch
• Gateway Mortgage Group Establishes Omaha Branch
• Week After Week, Rates Continue to Break Record-Low Numbers
• Week After Week, Rates Continue to Break Record-Low Numbers
• Initial Unemployment Claims Creeping Up
• Combined Foreclosure Activity Wanes, Up in Certain States: RealtyTrac
• Gateway Mortgage Group Enters Omaha, Neb. With Establishment of New Branch
• Resurgence of the Sales Professional
• HUD Studies Suggest Counseling Keeps Owners in Homes
• Dataquick: SoCal Sales and Median Price Climb Above Year-Ago Level
• Mortgage Delinquencies Decline to Lowest Level Since 2008
• The Housing Rebound Illusion
• Auction.com Names New Managing Director
• RealtyProx Releases Updated Short Sale Software
• NTC Meets with Congress to Discuss Industry Issues
• MBA: Delinquencies and Foreclosure Starts Down, Inventory Up Slightly
• “How the Mortgage Acts & Practices” Rules Affect Real Estate Agents & Builders
• Zillow Introduces Zillow Partnership Platform
• April Origination Insight Report: Ellie Mae
• Housing Permits Drop, Starts Increase; Permits Hit 15-Month Low
• Average U.S. Households Almost Out of Financial Distress
• BofA offering up to $30K for short sales
• Homes for Sale Grow Scarce as Sellers Await Higher Prices
• OpExNow Hires Partner and Managing Director
• With ResCap Deal, Ally Shifts From Home Loans to Auto Loans
• Housing Recovery to Occur in Two Phases: Demand Institute
• Pro Teck Valuation: Home Listings Drop 21 Percent Nationwide
• Barclays Advocates Short Sales to Lower Loss Severities
• Builder Confidence Up to Five-Year High in May
• Market Indecision
• More Americans Have FICO Scores of 800+
• Ally’s ResCap Set for Bankruptcy
• FAQ: What happened at JP Morgan? And should you care?
• 1984 Called and Wants Its Cheesy High-Pressured “Always Be Closing” Sales Tactics Back
• Bringing UP the REAR: Douglas W. Elmendorf, PhD, Director of the Congressional Budget Office
• 4 Reasons Facebook Timeline Isn’t Working For Your Business
• NAR Reports Members’ Income Rose for First Time Since 2002
• Higher Foreclosure Rates Bump Up Percentage of Serious Delinquencies
• REO Allegiance CEO Recognized for Business Leadership
• FinCEN: Mortgage Loan Fraud Reports See Yearly Increases Since 1996
• Ally’s Mortgage Unit Files for Bankruptcy; New Strategies Announced
• Shadow Inventory: 46 Months to Clear Distressed Housing Supply
• Settlement Monitor Launches New Online Complaint Tool
• Members of Congress, Advocates for Seniors Agree on Value of Reverse Mortgages
• Three Refinancing Bills Propose Cutting Red Tape to Expand Eligibility
• UBS Hires Global Head of Real Estate, Leisure, and Lodging
• VPS Releases Advanced Alarm Technology for Vacant Properties
• Using PR to Increase Your Sales
• Top Agent – Why Short-Sell Agents Are a Dime a Dozen and How Top Agents Stand Out
• Florida Seeing Rapid Revivals but Still Haunted by Shadow Inventory
• Cramer: Housing Recovery is Underway
• Jamie Dimon With $2B ‘Egg on His Face’
• NAR Finds Income to Qualify for Mortgage Well-Below U.S. Median
• Outgoing Fannie Mae CEO Doesn’t Support Principal Write-Downs
• Freddie Mac Names New CEO – Donald H. Layton
• Fereday joins Whitney Bank as Senior Vice President, Private Banking
• HUD Reaches $202M Settlement With Deutsche Bank
• CFPB Pursues Screening Standards for Mortgage Originators
• FICS Rolls Out Third Generation of Loan Producer
• zIngenuity, Inc. hires Scott Friedberg as Vice President of Operations and Underwriting
• Wells Conducting Background Checks and Fingerprinting Employees
• Equator Adds VP of Marketing and Director of Operations
• Freddie Mac Appoints Private Sector Banking Exec to CEO Post
• LPS: Home Prices Increased, but We’ve Been Down This Road Before
• LPS: Home Prices Increased, but We’ve Been Down This Road Before
• Q1 Metro Home Prices Stabilizing, Sales Up with Inventory Declining
• HAMP Expands Eligibility to More Military Members
• CFPB Sets Sights on Predatory Lending
• Rates Continue to Fall Hitting New Lows Amid Economic Concerns
• Initial Unemployment Claims Dip
• With $2.7B Profit, Fannie Mae Ends Q1 Without Drawing Taxpayer Funds
• Ellie Mae Offers Buy-Back Insurance Option
• Transaction Dynamics Adds to Its Management Team
• Fiserv Expects Home Prices to Stabilize This Year Despite Price Declines
• Mortgage Applicants Face Greater Difficulties
• Forcing Foreclosures with Forced-Placed Insurance
• Foreclosures Enjoy a Reprieve
• Banks Continue to Fight the Dodd-Frank Act
• Delinquency Rate Reaches Lowest Level Since 2009: TransUnion
• No New Bail-Out Funds for Fannie Mae
• Profile of a Refinanced Loan in the First Quarter
• Banks notifying borrowers of mortgage cuts via mail
• Home prices rise for first time in 8 months
• Dataquick: Miami Region March Home Sales
• HUD Secretary Wants to Break Through Refinancing Barriers
• In California, GSE-Backed Loans to Accept Funds for Reducing Principal
• BofA to Offer Principal Writedowns to 200K Delinquent Borrowers
• Appraisal Institute Issues Guidance on ‘Green’ Real Estate Valuation
• Nearly 80 Percent of Refi’s Maintain or Reduce Mortgage Debt in Q1
• Allonhill Hires Maria Sedlack for Newly Created Position
• DataQuick Releases Valuation Tool for Assessing Portfolio Risks
• Home Prices in March Show Monthly Gain but Yearly Loss: CoreLogic
• Gerner & Kearns Attorney Accepted as Fellow for State Bar Foundation
• IL Group’s Customer Service Earns Repeat Business from Fay Financial
• More than 200 Banks Pose High Risk of Failure: Trepp
• DataQuick Launches Valuation Tool to Optimize Portfolio Risk Management Decisions
• Top Credit Union Adopts Higher Mortgage Standards
• Wipro Gallagher Solutions Unveils Enterprise Mobile Origination Platform
• Five Tips for Loan Originators to Generate More Leads
• No Repeat Slowdown Seen by U.S. With Banks to Housing
• Housing Has Bottomed according to Notorious Housing Bear, Ranieri
• 100 Housing Markets Improving in May
• HOPE NOW Reports 207,000 Completed Mods for Q1
• Consumer Attitudes Remain Positive Despite Slow Job Growth
• FHFA Explains Intentions of REO-to-Rental Initiative
• Fannie Mae: Confidence in Economy and Home Values Increasing
• HAMP Activity Slides, HAFA Holds Steady
• Dataquick: Phoenix Region March Home Sales
• Treasury to Sell Investments in Small Banks Still in TARP Programs
• BofA loses top tech banker
• Texas Man Gets 61 Months in Prison for Foreclosure-Rescue Scheme
• To Those Who Just Don’t Get It
• National Association of Realtors® 2011 Home Buyer Survey Results – First-Time Home Buyer Statistics
• What’s Your Mortgage IQ? April 2012 Issue
• Economists Give Their Take on April’s Troubling Employment Numbers
• DocMagic Offers Compliance Solutions Throughout the Loan Process
• Slow Growth: 115,000 Jobs Added In April, Unemployment Rate Down
• Payment to Treasury Drags Freddie Mac to Net Worth Deficit
• 5 ways Real Estate Agents Can Use QR Codes to Get More Leads
• Can You See What I See?
• Wells Fargo Earns Largest Market Share of Home Lending Ever Recorded
• NAR: Commercial Real Estate Hindered by Tight Credit
• Trulia: Rent Prices Climb While Asking Prices Point Towards Recovery
• All-Time Record Lows for Fixed Mortgage Rates
• ICM Announces New Fannie Mae Direct Product
• Is This Market ‘Bottom’ a True One That Will Stick?
• Armitage Research Hires Jayson Dammen as Managing Director
• Armitage Research Hires Jayson Dammen as Managing Director
• Freddie Mac: Fixed-Rate Averages Hit Record-Low Numbers
• Initial Unemployment Claims Drop Sharply
• Phoenix Finds Its Way Out of the Downturn: A Model for Recovery
• MCT Trading Officially Launches LockCentral Service for Lenders
• Zillow to Buy RentJuice for $40M in Cash
• Zillow to Buy RentJuice for $40M in Cash
• Equifax Reports Delinquencies Decline in March
• Dataquick: Las Vegas Region March Home Sales
• Dataquick: Las Vegas Region March Home Sales
• LoanSifter Hires VP of Business Development
• Foreclosure Inventory Still High, but It’s Much Lower in Judicial States
• SEO or Link Building For Real Estate: What’s More Effective?
• Continuous Growth at Nationwide Appraisal & Settlement Network Spurs Office Expansion
• Timothy Geithner’s View on the Glass-Steagall Repeal
• Fraud Charges Weigh Down on Former Fannie Mae CEO
• Principal Reduction: A Matter of Analysis or Ideology for DeMarco?
• a la mode Announces Integration With Byte Software Designed To Aid Lenders In Complying With GSE Data Delivery Standards
• Dallas Fed Pres: Too Big to Fail Is Too Big (Video)
• Freddie HARP Rumors–are they true?
• WSJ: BofA planning more job cuts
• Radian Plunges as Insurer Posts Second Straight Loss
• When Fannie and Freddie Met Eddie (DeMarco)
• Corelogic: 69,000 Completed Foreclosures in March
• List Building: The only real asset in any business is the list
• Freddie Mac’s Exec in Charge of Loss Mitigation Steps Down
• Lessons Learned, Part 1
• DebtX White Paper Promotes Mark-to-Market Valuations in Stress Tests
• First Preston HT Appoints Lisa Barrentine as President and CEO
• HUD Approves $10.7M Refi Deal for Rio Grande Hospital
• April CMBS Delinquency Rate Reaches 2nd Highest Reading
• Foreclosures Down to 69,000 in March, Inventory Also Down
• MGIC Settles Over Allegations of Discrimination Against Women
• Top States for Short Sales in January 2012 by RealtyTrac
• Experience 1, Inc. Names Eric D. Swenson Chairman of the Board
• REO Prices Increase, Fair Market Prices Drop, Home Values Stabilizing
• NAREB Forum on Minority Housing Draws Congressional Support
• FAS Appoints Donald F. Neville as CFO
• Gateway Mortgage Group Achieves Highest Production Levels of Home Loans in Its History
• AHMSI and Compliance Connections Form Partnership for Code Issues
• Foreclosure and Its Income Tax Consequences
• Banks Resume Mortgage Tightening Lending Standards
• Don’t Overpromise; Even at the cost of losing a deal
• BofA fight back over $20 million settlement
• Ally: Res Cap bankruptcy could cost $1.25 bln
• Freddie Mac Announces Sixth $1 Billion Multifamily Securities Offering This Year
• Zillow Launches First Mobile App for Rentals
• Urban Financial Group Announces Hiring of Ken Sawan to Lead Retail Sales Division
• Homeownership rate drops to 15-year low
• Regulators Shut Down Five Banks Friday, Raising 2012 Tally to 22
• Homeownership Rate Falls to 15-Year Low
• Consumer Spending Slows Sharply in March; Savings Rate Edges Up
• Jones Lang LaSalle Hires Capital Markets Leader in Boston
• Surge in Investor Purchases Gave Home Prices Boost in February
• The Cost Is More Important Than the Price
• Stunned Home Buyers Find the Bidding Wars Are Back
• American Home Builders are Optimistic About the Housing Recovery
• Housing Bottom Sighted by Some Economists
• What an Extension of the Mortgage Debt Relief Act Could Mean
• First-Quarter GDP Growth Slows to 2.2%, Drop in Government Spending
• What a beautiful day toda…
• Broussard & Tchernysheva join Whitney & Hancock Banks
• Web 2.0 Marketing Secrets for Mortgage Pros: Secret #4: Convert Your Agent “Fans” into “Referral Partners!”
• Trott and Trott Adds Five Attorneys to Its Team
• Reaching for the Underwater, Responsible Borrower Through HARP
• Fixed Rate Averages Drop Despite Economic Improvements
• C.A.R. Sponsoring Bill Preventing Foreclosures with Approved Short Sales
• Fannie follows Freddie: Sets New Short Sale Timelines
• HUD Secretary Presents Department’s Budget for FY 2013
• Home Prices Keep Falling in Most Cities
• Pending Home Sales Index Jumps in March
• Initial Unemployment Claims Dip But Remain Elevated
• Foreclosure Activity Trends Mixed in Metros, According to RealtyTrac
• April 2012 U.S. Economic And Housing Market Outlook
• Mortgage Delinquencies Head Further South
• Condo prices hit new crisis lows in all five of the metro areas
• KML Hires Industry Veteran as Controller
• Coester Appraisal Group Enhances Cloud Control
• California Sees Fewer Homes Going into and Getting Lost to Foreclosure
• Sales of newly built, single-family homes declined 7.1 percent
• Dataquick: Further Decline in California Foreclosure Activity
• Home Values Record Largest Monthly Gain Since 2006; Forecast To Hit Bottom by Late 2012
• FOMC Maintains Rate Posture, Forecasts Higher Rates in 2 Years
• Behind the $25B Settlement: Joe Smith
• Zillow Projects Prices to Fall 0.4%; Some Markets to Hit Bottom and Rise
• Call for GSEs to Apply Principal Reduction Continues
• PNC Financial Services Announces New President
• Karl Case: The American Dream of Homeownership May Be Over
• DataQuick Adds Short Sale Enhancements to RiskFinder Distress
• Home prices lowest since 2002
• FHFA House Price Index Up 0.3%; Comparisons with Case-Shiller
• Mortgage Fraud Increase Shows Importance of Valuation Professionals: Appraisal Institute
• Steepest Drop in 13 Months for New Home Sales in March
• Case-Shiller Indexes Down 6th Straight Month
• Porthos Portfolio Management Welcomes Robert Willis as COO