RISMedia's Real Estate Information Network Member Directory
REsource- Real Estate Content Solutions

Finance and Economy Archive


NeighborWorks Expects to Train More Than 1,600 Foreclosure Counselors in 2008

RISMEDIA, Dec. 20, 2007-NeighborWorks® America announced that it trained more than 200 homeownership counselors in foreclosure intervention counseling during its recent NeighborWorks® Training Institute - the most counselors ever trained in foreclosure at an institute. ...


There Will Be a Recession According to Report on Business Cycles

RISMEDIA, Dec. 18, 2007-NetGainRealEstate.com has completed an analysis of peak to peak market cycles going back to 1900. There are currently three viewpoints on the recession question. One says there will be no recession. Another says there will be a recession and it will be mild. The third says there ...


Mortgage Applications Increase In Latest MBA Weekly Survey

RISMEDIA, Dec. 13, 2007-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending December 7, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 811.8, an increase of 2.5% on a seasonally adjusted basis from 791.8 one week earlier. On an ...


Survey Says: Delinquencies and Foreclosures Increase

RISMEDIA, Dec. 10, 2007-The delinquency rate for mortgage loans on one-to-four-unit residential properties stood at 5.59% of all loans outstanding in the third quarter of 2007 on a seasonally adjusted (SA) basis, up 47 basis points from the second quarter of 2007, and up 92 basis points from one year ...


Paul Wylie to Step Down as Metrocities Mortgage CEO

RISMEDIA, Dec. 10, 2007-Metrocities Mortgage, LLC, a national leader in the residential mortgage lending market, announced that CEO and founder Paul Wylie has decided to step down. ...


Mortgage Applications Surge

RISMEDIA, Dec. 7, 2007-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending November 30, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 791.8, an increase of 22.5% on a seasonally adjusted basis from 646.3 one week earlier. On an ...


Regional Spotlight: Mortgage Delinquencies for Connecticut Rise

RISMEDIA, Dec. 7, 2007-The delinquency rate for mortgage loans on residential properties in Connecticut increased 60 basis points to 4.65% by the end of the third quarter of 2007 according to the Mortgage Bankers Association. The percentage of loans on which foreclosure was started during the quarter rose 12 basis ...


Poll: Americans Skeptical over Proposals to Rescue Subprime Mortgage Borrowers

RISMEDIA, Dec. 6, 2007-As the Bush administration huddles with major lenders to finalize a relief plan for subprime borrowers, new results from a survey conducted by Harris Interactive® on behalf of the National Taxpayers Union (NTU) warn against the government going too far. ...


Chase Hires Jim Flood as Manager for Home Lending in South Florida

RISMEDIA, Dec. 6, 2007-Chase, one of the nation's leading residential housing lenders, announced that mortgage professional Jim Flood has joined the company as area manager for Home Lending in South Florida ...


Bank of Canada Cuts Base Rate to 4.25%

RISMEDIA, Dec. 5, 2007-According to a report by MarketWatch, The Bank of Canada said it's cutting its target rate by a quarter-point to 4.25%, citing inflation figures that were below expectations and downside risks to the bank's inflation projection. ...


Subprime Crisis Exposes Deficiencies in Risk Management among Financial Institutions Globally

RISMEDIA, Dec. 4, 2007-The recent crisis in the subprime lending market exposed structural deficiencies in the financial system globally, particularly around the area of risk management. New research from TowerGroup finds that many financial institutions continue to view and manage risk in the traditional fashion -- as a threat that ...


Mortgage Applications Decrease In Latest MBA Weekly Survey

RISMEDIA, Nov. 26, 2007-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending November 16, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 681.7, a decrease of 3.6% on a seasonally adjusted basis from 707.3 one week earlier. On an ...


Employers to See Reduced Health-care Costs Next Year, Survey Shows

RISMEDIA, Nov. 26, 2007-(MCT)-Health-care cost inflation will moderate for the average employer next year as companies shift more costs to workers and promote wellness, according to a survey released last week. ...


Mortgage Applications Decrease In Latest MBA Weekly Survey

RISMEDIA, Nov. 26, 2007-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending November 16, 2007. The Market Composite Index, a measure of mortgage loan application volume, was 681.7, a decrease of 3.6% on a seasonally adjusted basis from 707.3 one week earlier. On an ...


Inflation’s Return: Is it here to stay?

RISMEDIA, Nov. 20, 2007-(MCT)-Has a generation of steady or falling prices come to an end? ...



© 2012 RISMedia. All Rights Reserved Contact Us | Content Usage and Privacy Policy