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housingfinance.com
- TDHCA Releases Key Resources
The Texas Department of Housing and Community Affairs has released two important resources—the 2010 State Low Income Housing Plan & Annual Report and the 2010 Program Guide.The housing plan serves a… - S.F. Mayor's Quote of the Day
San Francisco Mayor Gavin Newsom had a good line about affordable housing today. Shelters solve sleep, housing solves homelessness, he said at the opening of 149 Mason Street, a 56-unit project for fo… - Philadelphia Sees Huge Demand for Vouchers
The Philadelphia Housing Authority (PHA) reports that it received an overwhelming 54,000 applications for its Housing Choice Voucher Program during a recent two-week period.Using an online application… - LIHTC Carryback Bill Introduced
Sen. Jeff Bingaman (D-N.M.) introduced legislation today aimed at boosting the low-income housing tax credit (LIHTC) market.His bill, the Low-Income Housing Tax Credit Recovery Act, introduces new fle… - How QAPs Promote Supportive Housing
Low-income housing tax credit (LIHTC) allocating agencies continue to promote the development of permanent supportive housing through the federal tax credit program.Thirty-two jurisdiction implemented… - HUD to Exam Discrimination Against Gays
The Department of Housing and Urban Development (HUD)just launched a Web site to allow people to comment on the design of a new national study that will look at housing discrimination based sexual ori… - New Leaders Take Over Several HFAs
Here's a scorecard of some of the recent lineup changes at state housing finance agencies across the country.The reasons for the leadership changes vary from retirement to resignations to moves made b… - HUD Statement on GSEs Coming Soon
Department of Housing and Urban Development (HUD) Secretary Shaun Donovansaid a statement on the government-sponsored enterprises (GSEs) is comingsoon. This comment was made today during a media brief… - SRO Residents Can Call 311 For Help
Residents living in San Francisco’s single-room occupancy (SRO) buildings can call the city’s 311 line to report building and health problems.Local residents have typically used the 311 customer s… - Nonprofit Prepares to Close
An official with Tualatin Valley Housing Partners (TVHP) tells us that the 15-year-old nonprofit group is edging closer to shutting down by selling its affordable housing properties.Potential buyers a…
ml-implode.com
- private mortgage modifications triple hamp mods in july
Meanwhile, foreclosure starts totaled 226,664 in July, a 22 percent increase from June and nearly double the number of loan mods completed. And foreclosure sales climbed 12 percent month-to-month to 9… - Mariner Holdings Buys Stake in $760 Million of Real Estate Loans From FDIC
Mariner Holdings LLC said it purchased part of a $760 million portfolio of property loans from the Federal Deposit Insurance Corp. as part of the agency’s sale of assets seized from failed banks. - homeq to cut 901 jobs
Employees at the North Highlands-based company located just outside of Sacramento will be laid off by November 19 – and the massive HomEq facility will be shuttered by October 31. - Pending Home Sales Reconfirm the Market is Crashing
Record low levels of demand continue to haunt the U.S. housing market with July pending home sales re-confirming previous crash-level readings. - 30-year fixed falls to record low 4.32 percent
The 15-year fixed also hit a fresh record low, slipping to 3.83 percent from 3.86 percent a week ago and 4.54 percent last year. Meanwhile, the five-year adjustable-rate mortgage averaged a record low… - Fannie to Crack Down on Foreclosure Delays
On Tuesday, Fannie Mae announced that it was not longer giving servicers free rein, and was clamping down on multiple fronts, such as procedures and record-handling, mortgage mods. When a group of blo… - BlackRock Chosen by State Insurance Regulators in U.S. to Weigh CMBS Risks
BlackRock will review more than 7,000 securities by year- end, the National Association of Insurance Commissioners said yesterday in a statement released on its website. The New York- based firm will… - MBA: 2Q CMBS delinquency rate 8.22%
Second-quarter delinquency rates for loans held in commercial mortgage-backed securities are at the highest level since the Mortgage Bankers Association began tracking the data in 1997. - Home Prices in China to Decline Starting From September, BNP Paribas Says
China’s home prices will decline from this month as the government maintains its lending curbs and increases the supply of public housing, forcing property developers to cut prices to boost sales, B… - Pending Home Sales Rebound from Record Low. What Might Boost Buyer Demand?
NAR's Pending Home Sales Index measures the number of home purchase contracts that were signed in the monthly reporting period. Once pending sales contracts are closed, they are considered an existing…
getforeclosures.blogspot.com
- Luxury Home Short Sales In Missouri
The Suburban Journals reports from Missouri. Increasingly, doors are being slammed shut on homeowners across the county as they face foreclosure. St. Charles County in March posted the state's highest… - 700 Short Sales Under Way In Phoenix Area
A report from the Arizona Republic. Deals that help struggling homeowners avoid foreclosures are on the rise in metro Phoenix. 'Short sales' are similar to regular home sales except a deal is worked o… - Tips From An Expert
A report from the Washington Post. The Post's Mary Ellen Slayter recently spoke with Ralph R. Roberts, co-author of 'Foreclosure Investing for Dummies' and a longtime real estate agent and investor in… - Massachusetts Foreclosures Up 74%
A press release from Massachusetts. ForeclosuresMass.com released its June 2007 Massachusetts Market Analysis Report today, with data revealing that foreclosure filings continued in record numbers wit… - Tough Times Mean Booming Business
The Orange County Register reports from California. Tough times in the real estate industry mean booming business for Michael S. Buescher, a Trabuco construction contractor who specializes in cleaning… - A Distressed Property Update: Las Vegas
A report from NARREIA. Since the implosion of the sub-prime mortgage market at the beginning of 2007, the distressed property market has really gained momentum. This is especially true of markets like… - A Lot Worse Before It Gets Better
A press release from Bruce Norris. California's real estate downturn will be deep and long lasting, with home prices falling 15 to 30% during the next 36 to 42 months, according to a real estate exper… - Defaults "Nearly Triple" In Massachusetts
The Boston Globe report from Massachusetts. Foreclosure auction announcements in Massachusetts nearly tripled in May when compared with year-ago numbers, according to a new report from the Warren Grou… - Buying A HUD Home
The Denver Post reports from Colorado. Buying a home continues to be an iffy proposition for many Coloradans. The state is on track to log more than 37,000 foreclosures this year, a 30 percent increas… - Below The "Upset Price"
A report from MSNBC. Brett Golden, 31, was one of the few bidders at a recent foreclosure auction to walk out with a purchase: a 2.5-story, 1,352-square-foot house in Queens, N.Y., that he got for $36…
inman.com
- Finding what clicks in real estate
Agent Reboot Speaker Profile: Mariana Wagnerread more - Fannie cracks the foreclosure whip
Servicers warned to meet timelines or face finesread more - Mortage rates still seeking a bottom
With fears of inflation at bay, rates set new lowsread more - Pending real estate sales inch up in July
West sees biggest month-to-month riseread more - CEO of Sacramento brokerage on leave
County investigating alleged use of hidden camerasread more - Agents and their tech thingies
Realtor Notebookread more - California forgoes new foreclosure law
Critic says legislation was 'unnecessarily burdensome'read more - 5 ways to stay positive in a down market
Be the agent your clients would love to work withread more - Communities get 'First Look' at many REOs
Homes may be rehabbed, rented, resold or demolishedread more - Roost unveils new business model
Company shifts focus to social media toolsread more
piggington.com
- Higher-Priced Home Weakness Asserts Itself Again in June
The Case-Shiller home price index for San Diego was up a mild .4 percent overall in June. Hidden in that increase, however, was a drop in the high-priced tier (composed of the most expensive one-thi… - Shambling Further From Affordability
The continued rise in San Diego home prices has pushed valuation ratios northward -- but according to the home price-to-per capita income ratio, prices are still fairly reasonable: read more - Non-Bubble Job Growth Goes Positive
I can't get too specific in titles, as much as I'd sometimes like to, so let me quickly clarify the subject of this post: the non-housing-bubble portion of the economy grew on a year-over-year basis i… - July 2010 Resale Housing Data Rodeo
In the first month after the [insert preferred double homebuyer tax credit catchphrase here], prices as measured by the median price per square foot were pretty much flat: read more - Post Double-Dip Price Flatness
The Rodeo approacheth... in the meantime, for those wondering what happened to prices in the first non-double-dip month, the answer is that they were pretty flat overall: read more - Bubble Sectors Account for Bulk of Job Losses
In my analysis of the local job market I've long singled out what I referred to as the housing bubble beneficiary sectors. As the name implies, these industries enjoyed huge growth as a direct resul… - May Case-Shiller Charts
Kelly Bennett rounded up the latest Case-Shiller numbers yesterday. (Her final C-S writeup? Sniff sniff...) I don't have much to add to Kelly's analysis this latest release so I will just suppleme… - Local Non-Census Employment Rises Yet Again
Total San Diego employment dropped between May and June -- but the decline was caused by the mass laying off of temporary US Census workers who had previously been swelling the ranks of the employed.… - June 2010 Resale Housing Data Rodeo
I'd say the best part of July is not the lifting of the June Gloom, but the fact that I won't have to talk about the double dip any more. Well, maybe a few more times. Like now, for instance. Yo… - Rising Inventory Could Stall Home Price Rally
The economics blog Calculated Risk put up a very interesting graph last week that showed the relationship between housing inventory and home prices at a national level. It was so interesting, in fac…
moreover.com
- Stocks edge higher after jobs, housing reports
rose to 2.63 percent from 2.58 percent late Wednesday. That yield helps set interest rates on mortgages and other consumer loans. Limited shares jumped $1.46, or 6.0 percent, to $25.73 - The Most Expensive Streets In The UK
an issue for buyers and particularly for first-time buyers helping to stifle demand. In July, just 48,722 mortgages were approved for house purchases, a level consistent with falling prices - Penny Stock Tips That Pay To Trade - Sponsored Link
Ad - Alerting Highly Profitable Penny Stocks. #1 Newsletter, 100% Free, Join Today! - BancorpSouth, Inc. to Present at Financial Conference
Arkansas, Florida, Illinois, Louisiana, Mississippi, Missouri, Tennessee and Texas. In addition to providing traditional banking services, credit cards, mortgages, trust and fiduciary services, the co… - BancorpSouth to Establish Mississippi State University and The University of Southern Mississippi Affinity Checking Accounts and Debit Cards
Arkansas, Florida, Illinois, Louisiana, Mississippi, Missouri, Tennessee and Texas. In addition to providing traditional banking services, credit cards, mortgages, trust and fiduciary services, the… - BBVA Compass Announces Strategic Alliance With Western National to Launch Branded Annuity
world with a full range of financial services, including commercial and wholesale banking, retail banking services, consumer loans, mortgages, credit cards, securities brokerage, wealth management, pe… - Pension liabilities soar
investments, there is no guarantee as to the level of bonuses that will be declared, if any. Where mortgages or secured loans are explained do remember that your home is at risk if you do not keep up… - Low earners 'can't buy food'
investments, there is no guarantee as to the level of bonuses that will be declared, if any. Where mortgages or secured loans are explained do remember that your home is at risk if you do not keep up… - Women bear brunt of cuts
investments, there is no guarantee as to the level of bonuses that will be declared, if any. Where mortgages or secured loans are explained do remember that your home is at risk if you do not keep up… - BancorpSouth to Establish Mississippi State University and The University of Southern Mississippi Affinity Checking Accounts and Debit Cards
Florida, Illinois, Louisiana, Mississippi, Missouri, Tennessee and Texas. � In addition to providing traditional banking services, credit cards, mortgages, trust and fiduciary services, the company…
housingcrisis.com
- Time Out! Rethinking Homeownership? Or Rethinking Newsweeklies?
The people that bring you People have too much spare Time on their hands, or so it seems. Maybe it’s just the month of August, but it strikes us that the editors at the nation’s remaining signif… - News Flash: Ashton Woods Puts $75 Million to Work for Home Builder Acquisition
Correction–An earlier version of this post contained two incorrect statements: One of Ashton Woods’ banks was misstated. The correct name is Regions Bank. Also, Cory Boydston’s title while servi… - A Home Buyer Tax Credit, Version 3. For or Against?
Another tax credit for home buyers? Not very likely, but if it were to come trundling down the pipeline when our dear Congressional representatives punch back in from their Summer vacays and try to g… - Home Builders Eye the Gap Between New and Existing Sales
It’s one of the things that makes home building executives lose sleep these days (or nights). It’s what no home building company executive alive ever had to contend with in all of his or her downt… - Does Rupert Murdoch’s US Flagship Have Something Against Home Building?
News flash. The Wall Street Journal is anti-home builder. Or else why this cynical piece of snittishness in the Op-Ed pages of the WSJ today? If a housing recovery is finally upon us, it will be no th… - The New-Home Absolute Inventory Endgame–Steal Share or Perish
You should be concerned about two groups of people who may not buy your new homes today. One of those groups, you may be able to do something about before the end of the year; the other, probably… - Home Sales’ Eve–What a Slow News Week Can Do to Housing Analysis
“Buying a home is a willful act of optimism,” wrote the New York Times’ David Streitfeld in yesterday’s newspaper. This is Streitfeld’s own commentary, an amalgam of what he believes as a re… - Taylor Morrison’s Sheryl Palmer Unplugged
Earlier this week at our DC offices, we got elating tidings that our treasured and indispensable co-worker, Boise-based Christine Serlin, gave birth to her second child, Ella Jane. Like her mother, El… - Taylor Morrison’s Sheryl Palmer Shifts Balance of Power to Power in Balance
Ask Sheryl Palmer what keeps her up at night, and the president and CEO of Taylor Morrison, the nation’s No. 13 home building company, says flatly: “Getting to 2011.” Getting to next year means… - The Housing Finance Fun Begins Next Week in DC
Recovery’s a good thing. Too bad we’re obliged to accept that housing recoveries, like other radical healing processes, are ugly more often than they’re pretty. For nigh on two years–s…
themortgageinsider.net
- Town & Country Banc Mortgage Services Review
Town & Country Banc Mortgage Services, Inc., owned by Town and Country Financial Corporation, is located in Illinois. We uncovered 3 phone numbers, a website, and a link for customer complaints. Town… - Citizens National Bank Mortgage Review
The Citizens National Bank has 5 branches in Connecticut and offers banking and mortgage products. We uncovered 6 phone numbers, a website, and a link for customer complaints. The Citizens National Ba… - SpiritBank Mortgage Review
SpiritBank Mortgage is located in Oklahoma and is the lending division of SpiritBank. We uncovered 3 phone numbers, a website, and a link for customer complaints. SpiritBank Mortgage Website and Phone… - Bethpage FCU Mortgage Review
Bethpage Federal Credit Union has locations in New York and offers banking and mortgage services. We uncovered a phone number, a website, and a link for customer complaints. Bethpage Federal Credit Un… - Community Bank & Trust Mortgage Review
Community Bank & Trust has locations in Georgia and provides banking and mortgage products. We uncovered 2 phone numbers, a website, and a link for customer complaints. Community Bank & Trust Website… - Northern Star Bank Mortgage Review
Northern Star Bank has 2 locations in Minnesota and offers banking and mortgage services. We uncovered 3 phone numbers, a website, and a link for customer complaints. Northern Star Bank Website and Ph… - St. Mary’s Bank Mortgage Review
St. Mary’s Bank has branches in New Hampshire and provides financial services and mortgage lending. We uncovered 3 phone numbers, a website, and a link for customer complaints. St. Mary’s Bank Web… - 3 Rivers Mortgage Review
3 Rivers Federal Credit Union has locations in Indiana and provides banking and mortgage services. We uncovered 2 phone numbers, a website, and a link for customer complaints. 3 Rivers Website and Pho… - The Mortgage Outlet Review
The Mortgage Outlet is located in California and also lends in Colorado, Arizona, Oregon, Nevada, and Utah. We uncovered 2 phone numbers, a website, and a link for customer complaints. The Mortgage Ou… - Truman Bank Mortgage Review
Truman Bank has 4 branches in Missouri and offers banking and mortgage products. We uncovered 4 phone numbers, a website, and a link for customer complaints. Truman Bank Website and Phone Contacts Web…
bestreversemortgage.com
- Reverse mortgage do’s and don’ts
There are certain things you should and should not do when getting a reverse mortgage. - Reverse Mortgage HECM SAVER Myth Spreads Online
“The Federal Housing Administration (FHA) announced today that it intends to make modifications to its Home Equity Conversion Mortgage (HECM) product, a reverse mortgage loan insured by the federal… - Have you planned for retirement?
Are you planning to delay retirement because you can't afford it. Explore all your options for funding your golden years, such as reverse mortgages, working longer, or seeking help through local progr… - More seniors are filing for bankruptcy
Baby boomers, facing declining home equity, are turning to bankruptcy more often, study finds. - HUD Makes Changes to HECM Program
The Department of Housing and Urban Development is making changes to the Home Equity Conversion Mortgage (HECM) program. - Oregon wants reverse mortgage lender to stop deceptive mailings
The state of Oregon has asked a reverse mortgage lender to stop sending deceptive mailings to residents. - Social Security Debate Heats Up
For those who are reaching the age when Social Security matters, generally age 65, 66 and above, the latest arguments about the program are hardly re-assuring. In basic terms there are several debates… - More Homeowners Have Reverse Mortgages, Poll Finds
More homeowners had reverse mortgages in 2009, compared with two years earlier, according to a survey by the U.S. Census Bureau and Department of Housing and Urban Development. - Exchanging Home Equity for a Reverse Mortgage
Borrowing a reverse mortgage means you have to give up some home equity. - 3 ways to be more frugal
It's hip to be frugal these days, so consider the following tips for improving your finances.
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