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housingfinance.com
- 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… - CTCAC Schedule Released
The California Tax Credit Allocation Committee has released its proposed program schedule and deadlines for 2010.Under the plan, applications for the first round of funding for low-income housing tax… - Talking Head Joins New Urbanism Panel
David Byrne, former frontman of the Talking Heads, has joined the lineup for the Congress for the New Urbanism (CNU) meeting in May.He’s taking part on an opening panel at the “Rx for Healthy Plac… - NSP Competitive Grants Announced
Nearly 60 grantees were awarded $2 billion under the Neighborhood Stabilization Program (NSP) funds, announced the Department of Housing and Urban Development today.Florida communities and organizatio… - Soundtrack Benefits Enterprise, United Way
The next time you're on iTunes, check out the new By The People: For The People soundtrack, which features Bruce Springsteen, the Dixie Chicks, Sheryl Crow, Dave Matthews, Tim McGraw, Dashboard Confes… - VanAmerongen Resigns as NY Housing Commissioner
Deborah VanAmerongen, commissioner of the New York State Division of Housing and Community Renewal, is resigning effective Jan. 15, 2010, according to a statement from Governor David Paterson.VanAmero… - Texas Developers Set to be Sentenced
Affordable housing developers Brian Potashnik and his wife, Cheryl, are scheduled to be sentenced in March for their roles in a prominent Dallas bribery case, according to the Dallas News.The Potashni…
ml-implode.com
- Wall Street Excluded from European Government Bond Sales
Regrettably, once again US corporations, the Wall Street banks, are busy alienating the world against America's interests through their unethical and shockingly predatory business practices. It will b… - Northern Rock Narrows Loss; Bad Loan Provisions Rise
Northern Rock (Asset Management) Plc, the nationalized U.K. lender closed to new customers, said bad loan provisions rose as its 2009 loss narrowed. - AIG ‘Money in Door’ Deals Reap $3.2 Billion Bond Gain
- American International Group Inc.bondholders reaped at least $3.2 billion after the bailed-out company announced deals to sell its two largest non-U.S. life insurance divisions for $51 billion. - Bond Dealers See Agency MBS Spreads Narrow as Prepays Rise
Yield spreads on agency mortgage-backed securities (MBS) narrowed to historic tights in recent months as prepay speeds increase at Fannie Mae and Freddie Mac. The factors pushing the trend are a combi… - Two-Tier Transparency Hits Agency Debt Market
I don't think anything straightforward has happened on this story arc in almost two years. The GSEs themselves have been quasi-nationalized. Their debt now enjoys a semi-explicit guarantee, so that wh… - The Rubber Hits the Road (Hussman commentary)
``. Although the 2010 peak in the Alt-A / Option-ARM reset schedule doesn't occur until July, with a much larger peak in mid-2011, a small initial round of resets is already in progress, having starte… - U.S. MBA Mortgage Applications Index Rose 0.5% Last Week
Mortgage applications in the U.S. rose for a second week, led by an increase in purchases that may indicate the renewal of a homebuyer tax credit is starting to invigorate demand. - Reality Check on “Produce The Note” Strategy
``It was heartening to see mortgage servicers taken to task and forced to follow the rules, but even in the oft-cited Byrd case, the real victory was scaled back considerably by the appellate court. W… - China Property Prices Jump, Highlighting Bubble Risk
China’s property prices rose at the fastest pace in almost two years in February, adding urgency to the government’s efforts to rein in speculation and increase the amount of affordable housing. - Entropy – Why the World as We Know It Is Dying
The concept of entropy is one of the most useful terms for understanding just about everything. While it has its origins in natural law – thermodynamics, specifically – the concept holds true pret…
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
- ZipRealty posts $2.1M Q4 loss
Company projects up to 20% revenue growth in 2010read more - DocuSign offers 'Realtor Edition'
E-signature firm announces branded app, Realtor discountsread more - 3 tips to get the most out of Twitter
From Future of Real Estate Marketingread more - A case study in cost competition
Company caps commission contributionsread more - Short-sale risk: 'property flopping'
Appraisers: BPOs raise risk of fraud in short salesread more - Beware listings scammers
Real Estate Crime Roundupread more - Trulia: Price reductions reach new low
California cities discounted the leastread more - GE sells Supra lockbox parent
UTC expected to take hands-off approachread more - Brits reject far-flung destinations
From Global Edgeread more - RealHarmony: real estate matchmaking
Perspective: 2020 Re-Envisionread more
piggington.com
- February 2010 Resale Data Rodeo
The median price per square foot was up about 1% in February, but that's a smaller amount that its January decline. So I would characterize prices by this measure as continuing to go nowhere, as the… - Cheap Home Prices Rebounded, Higher-Priced Homes Slid in December
The Case-Shiller data for December, released last week and covered in detail by Kelly, exhibited the same pattern that we have seen in recent months: prices in the high tier continued to drop even as… - The Nuclear Housing Bailout Option
A couple of interesting bailout-related items crossed my desk today. I have given up on trying to keep track of all the bailouts, but these both relate directly to our beloved topic of shadow invent… - January 2010 Resale Housing Data Rodeo
The median price per square foot declined between December and January for both detached homes and condos: Prices by this measure have really gone nowhere since September 2009. As I noted at the Voi… - New Foreclosure Activity On the Decline
I haven't focused on new foreclosure activity for a while because the topic has become somewhat irrelevant, analytically speaking. The question is not whether a large shadow inventory of foreclosed… - The Home Price Rally is Over For Now
The data rodeo will be out shortly, my friends. In the meantime I just put a price chart for January up at voiceofsandiego.org. read more - Higher-Priced Homes Still Sitting Out the Rebound
Earlier this week, Kelly Bennett gave us the lowdown on the Case-Shiller home price data for November. I'm going to just add a couple of things. First, I have updated the requisite post-peak chart..… - Improvement in Rate of Job Loss Stalls Out
Recent months have seen a fairly steady improvement in the year-over-year rate of job losses for San Diego County. That annual rate of change was still firmly negative -- just less so than it had be… - Shambing Away from Cheapness But Still Milling About In The General Locale of Affordability
Well, I thought the old Shambling Toward Affordability title for this series of articles was a bit pithier but it just doesn't quite work now that home prices have been rising for the better part of a… - December 2009 Resale Data Rodeo
The San Diego housing market managed to squeek out another gain in the median price per square foot as 2009 drew to a close: read more
moreover.com
- Develop Through Targeted Training - Sponsored Link
Ad - Download a white paper about creating effective training & development programs. - Mortgage Works launches guarantor range
children purchase a home. Tracie Pearce, head of products, The Mortgage Works said: 'The new range of Guarantor mortgages offer choice and flexibility for guarantors and first time buyers. Many lender… - Two New Developments, as Leasebacks Offer Enhanced Value Off Weak Euro, Reports Frenchleasebacks.co.uk
has linked to UK regulated mortgage broker http://www.offshoreonline.org/to provide a bespoke mortgage advice service. Euro mortgages can be arranged from a panel of French banks. Buyers will have a w… - Hard-Money Lenders Capitalize on Distress
hosted the seminar, said the market is imploding with $300 billion of the $1.8 trillion in commercial mortgages that are in arrears in metropolitan areas. has the highest percentage of troubled commer… - Speech on the economy
make in the coming months are just as important - and just as urgent - for families, jobs, mortgages and companies, large and small- as the difficult choices we made to protect them at the height of t… - Analysis: dot com madness, 10 years later
was laid down by WorldCom before its bankruptcy in 2002. Can you say the same about the subprime mortgages crisis on 2008? In the case of dot coms, the effort was underpinned by the need for new produ… - Nine Leadership Mistakes to Consider As You Rebuild Real Estate
proper risk balance. If anything kept the real estate bubble inflated it was unfettered risk. Homeowners took on mortgages they couldn't afford. Lenders loaned the money to them. And investors traded… - Mortgage Rates: The Calm Before the Storm?
the much anticipated end of government purchasing of mortgage-backed securities, mortgage rates remain steady. Conforming 30 year fixed mortgages were available at 4.75 percent all of last week to wel… - WORLD BANK GROUP: World Bank Approves US$40 Million for Housing Finance Project in Tanzania
Act No. 16 of 2008, as well as reforms to the titling process, have significantly improved prospects for mortgages. The Bank of Tanzania (BOT) prudential framework for microfinance institutions gives… - Tea Party protesters pick wrong target
government, that are gouging consumers with credit cards that carry exorbitant rates, checking accounts with hidden fees and mortgages so complicated that they require an advanced degree to understand…
housingcrisis.com
- Phoenix’s Joseph Carl Homes Gets a Strong Starts
We’re staying focused on a very positive story in home building right now. It’s not a big story. On the contrary, it’s rather a small one. Ten new-home sales small. Still, those 10 homes sales… - Why the Leading Builders of America are Doing their Own Thing
Almost nothing in Washington is easy to explain these days. So, why should the housing industry’s “great divorce”–the split-off last November of 16 mega-regional and national home building co… - Orleans Homebuilders Files Voluntary Chapter 11
This came over PR Newswire yesterday evening. Orleans Homebuilders, Inc. Files Voluntary Chapter 11 Petitions; Obtains Up to $40 Million in Anticipated New DIP Financing; All Homebuilding and Manageme… - Private Home Builders’ Moment of Truth Approaches with 2nd Half of 2010
Arguably the most important story of the year for the big home builder community is where are many private home builders going to get money to keep their lights on. First an explanation of what we… - Behind the Dire New-Home Sales Headlines: The Stimulus Factor
Yesterday’s new-home sales headlines, complete with their indication that they’d hit a half-century lowpoint, cry for perspective. So let’s take a look, clear up a few issues, and move on to foc… - For Woodside’s New CEO, Joel Shine, the Job is Simple to Say, Hard to Do
As he puts it, Joel Shine has two jobs. One is to generate as much net cash return as possible for newco Woodside Homes’ justifiably high-maintenance, anxiety-prone creditor-owners as possible–sta… - Colorado’s Village Homes Resurfaces from Bankrupty with New Ownership
Another one doesn’t bite the dust. Another one does the opposite. Village Homes, a 25-year stalwart in home building in Colorado’s Denver and Front Range markets, has emerged from bankruptcy as… - Lennar F.D.I.C. and Pulte Centex Game-Changer Plays: Opposite Routes to the Same Goal?
Recently, Housing Crisis got wind that there were as many as four large “entity acquisition deals” in the home building landscape in various stages on a path to lift-off. Whether we get news of t… - Grand Opening Green Shoots for New Phoenix Home Builder
So far so good on the up-from-the-ashes story unfolding in Phoenix. For a first-blush report on what the home building industry community can only hope is a real thing Spring selling season, we tapped… - Housing Market’s Fate is Tied to Jobs and Mortgage Finance
Like we needed another metaphor for housing’s deep freeze here in Washington, D.C…. now intrepid (or foolish) souls who venture out–as we did this morning–into the bleak icy tundra that is the…
themortgageinsider.net
- Unitus Mortgage Review
Unitus Mortgage is a division of Unitus Community Credit Union with branches in Oregon and Washington. We uncovered 2 phone numbers, a website, and a link for customer complaints. Unitus Mortgage Webs… - Butler Bank Mortgage Review
Butler Bank has a mortgage operation center in Massachusetts. Marlborough Co-Operative became a division of Butler Bank on November 10, 2008. We uncovered 3 phone numbers, a website, and a link for cu… - Martin Federal Credit Union Mortgage Review
Martin Federal Credit Union has several branches in Florida and provides financial services and mortgage loans. We uncovered a phone number, a website, and a link for customer complaints. Martin Feder… - Huntingdon Valley Bank Mortgage Review
Huntingdon Valley Bank has several branches in Pennsylvania and offers financial services and mortgage lending. We uncovered a phone number, a website, and a link for customer complaints. Huntingdon V… - Legacy National Bank Mortgage Review
Legacy National Bank has 4 branches in Arkansas and provides financial services and mortgage loans. We uncovered a phone number, a website, and a link for customer complaints. Legacy National Bank Web… - Justice Federal Credit Union Mortgage Review
Justice Federal Credit Union has branches in Washington DC, California, New York, Texas, Virginia, and West Virginia and provides financial services and mortgage lending. We uncovered a phone number,… - Heartland FCU Mortgage Review
Heartland Federal Credit Union has 5 branches in Ohio and provides financial services and mortgage loans. We uncovered 4 phone numbers, a website, and a link for customer complaints. Heartland Federal… - Farmers-Merchants National Mortgage Review
Farmers-Merchants National Bank has 3 locations in Illinois and provides financial services and mortgage loans. We uncovered a phone number, a website, and a link for customer complaints. Farmers-Merc… - Legacy Mortgage Review
Legacy Mortgage, a division of Legacy Bank, has several locations in Oklahoma. We uncovered a phone number, a website, and a link for customer complaints. Legacy Mortgage Website and Phone Contacts We… - Marshall Community CU Mortgage Review
Marshall Community Credit Union has 2 locations in Michigan and provides financial services and mortgage lending. We uncovered a phone number, a website, and a link for customer complaints. Marshall C…
bestreversemortgage.com
- Should You Appeal Property Taxes?
A reverse home mortage can help pay for expenses like property taxes. Consider appealing your property tax to make a reverse loan stretch further. - Discuss Reverse Mortgage with Heirs
If you plan to leave your estate to your kids, it's a good idea to discuss your reverse loan with them. - Have Your Retirement Plans Changed?
Some seniors are considering reverse mortgages to supplement their retirement savings because of the economy. - Home Values Seem to Be Improving for Seniors
Home values for seniors seem to be rising, according to a study by Golden Gateway Financial, good news for people who want reverse loans. - Reverse Mortgages and Affluent Homeowners
Reverse loans can be used for any purpose, and some seniors use them to enjoy travel and other luxuries. - Should You Use a HECM to Buy a Foreclosure?
You could use the proceeds from a reverse loan to buy a foreclosure, but do your homework first. - Should You Use Reverse Loan to Buy a Car?
Do you have high vehicle costs? A recent study by the Natual Resurces Defense Council links transportation costs to mortgage foreclosures. - Housing Counselors Have Tough Time Passing Reverse Mortgage Exam
Reverse mortgage counselors are having trouble passing HUD's tougher testing requirements. - HECM Can Supplement Your Income
The HECM is the most popular reverse loan program in the U.S. - Reverse Loans and Early Retirement
Did you retire early and now find yourself short of cash? Depending upon your situation a reverse mortgage may be a solution.
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