Welcome!




Expand Your Education with These Courses from
BPOs: The Agent’s Role in the Valuation Process.
Bundle 2: CIPS Elective Courses (US Version).
Territory Management: Skills for Sales Success: Part Eight.
Negotiating Skills: Skills for Sales Success: Part Six.
Bundle 2: CIPS Elective Courses (Non-US Version).

Finance, Economy & Government Issues Archive


NEWS ALERT – Paulson Unveils $800 Billion Plan to Ease Credit Crunch

"A very strong statement of support for the housing market" ...


FNF Announces the Termination of Definitive Merger Agreement with LandAmerica

RISMEDIA, Nov. 25, 2008-Fidelity National Financial, Inc. announced the termination of its definitive merger agreement with LandAmerica Financial Group, Inc., pursuant to its contractual due diligence termination right. ...


Genworth Program Helps over 11,000 Families Avoid Foreclosure in Past Year

RISMEDIA, Nov. 25, 2008-Genworth Financial, a mortgage insurer, along with its loan servicer partners, has helped more than 11,000 families avoid foreclosure in the past year through its Homeowner Assistance Program, the company reports. Genworth's quarterly Foreclosure Prevention Scorecard, released this week, analyzes mortgage workouts conducted in the 12-month period ...


Bush Administration Announces Flexibility for ‘Hope for Homeowners’ Program

Changes will allow more struggling families to use the program and keep their homes ...


HWA Speaks with Tax Expert about Key Details of the Mortgage Forgiveness Debt Relief Act Affecting Homeowners

RISMEDIA, Nov. 20, 2008-No matter what the circumstances, from job loss or illness to changing market conditions, there's a lot of stress a homeowner goes through in a foreclosure or a short sale of their home. ...


Mortgage Applications Increase in Latest MBA Weekly Survey

RISMEDIA, Nov. 14, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending November 7, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 425.0, an increase of 11.9% on a seasonally adjusted basis from 379.9 one week earlier. On an ...


One-Third of Americans Who Sold Their Home in the Past Year Lost Money; Trend Expected to Continue

RISMEDIA, Nov. 13, 2008-Home values in the United States posted their seventh consecutive quarterly decline, falling 9.7% year-over-year to a Zillow Home Value Index of $202,966, according to the third quarter Zillow Real Estate Market Reports, which encompass 163 metropolitan areas. ...


HUD Issues New Mortgage Rules to Help Consumers Shop for Lower Cost Home Loans

RISMEDIA, Nov. 13, 2008-For the first time in more than 30 years, the U.S. Department of Housing and Urban Development issued long-anticipated mortgage reforms that will help consumers to shop for the lowest cost mortgage and avoid costly and potentially harmful loan offers. HUD will require, for the first time ...


HUD Announces New, Permanent FHA Mortgage Loan Limits

RISMEDIA, Nov. 12, 2008-U.S. Department of Housing and Urban Development Secretary Steve Preston announced the new Federal Housing Administration (FHA) mortgage loan limits for single-family homes as prescribed by the Housing and Economic Recovery Act of 2008. ...


RealtyBid.com Reports Good News in the Housing Market

Leader in online home auctions received 6,000+ bids during one six-hour period on its way to largest sales month ever ...


Working with Foreign Buyers

Industry Advisor by Alfonso Gordon ...


Realogy Reports Results for Third Quarter 2008

RISMEDIA, Nov. 7, 2008-Realogy Corporation, a global provider of real estate and relocation services, today reported results for the third quarter of 2008. Specifically, the company had third quarter 2008 net revenue of $1.3 billion, earnings before interest, income taxes, depreciation and amortization (EBITDA) of $129 million, and a net ...


Mortgage Rates on Rollercoaster Ride; Rise Again after Coming Down in Late October

RISMEDIA, Nov. 5, 2008-Mortgage rates rose last week, with rates for 30-year fixed mortgages increasing to 6.26%, up from 6.00% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate website Zillow.com(R). Rates for 15-year fixed mortgages rose to 6.01%, up from 5.64% and 5-1 ...


For Buyers, Mortgages Harder to Get as Banks Require More

By Michelle Koetters ...


How the Fed’s Lower Rate Affects Consumers

By Vicki Lee Parker ...