Welcome!




Expand Your Education with These Courses from
Becoming a Successful Sales Professional: Skills for Sales Success: Part One.
Business Creation – Prospecting: Skills for Sales Success: Part Three.
Effective Presentation Skills for Sales Professionals: Skills for Sales Success: Part Five.
Expand your education through NAR’s REALTOR® University: A Consumer Advocate Approach to Mortgages: Course 2.
Bundle 2: CIPS Elective Courses (Non-US Version).

Finance, Economy & Government Issues Archive


How to Avoid Becoming a Victim of ‘Mortgage Rescue’ Scams

RISMEDIA, July 4, 2008-For a homeowner facing the frightening threat of foreclosure, the offer seems too good to be true. A "mortgage rescue" company steps forward, claiming to be able to help you save your credit and your home. ...


Foreclosure Preventions by Industry on Pace for Record

RISMEDIA, July 4, 2008-HOPE NOW, the private sector alliance of mortgage servicers, counselors, and investors that is working to help prevent foreclosures, announced today that mortgage servicers helped approximately 170,000 homeowners avoid foreclosure in May 2008. If this monthly rate has continued through June, the mortgage lending industry will help ...


Mortgage Applications Increase In Latest MBA Weekly Survey

RISMEDIA, July 3, 2008-This week, the Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending June 27, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 477.7, an increase of 3.6% on a seasonally adjusted basis from 461.3 one week earlier. ...


Chase Offers Washington Metro Residents Legacy Lessons for Building Prosperity

RISMEDIA, June 30, 2008-Chase, one of the nation's leading home lenders, is bringing its Legacy of Homeownership Tour to Washington, D.C., to help African-American consumers become long-term homeowners. ...


Bankrate: Mortgage Rates, Like Fed, Hold Steady

RISMEDIA, June 27, 2008-Fixed mortgage rates took a breather, with the average conforming 30-year fixed mortgage rate holding at 6.62%. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.4 discount and origination points. ...


Mortgage Applications Decreased In Latest MBA Weekly Survey

RISMEDIA, June 26, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending June 20, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 461.3, a decrease of 9.3% on a seasonally adjusted basis from 508.4 one week earlier. On an ...


Spending Smart: Check Out Your Credit Reports

By Gregory Karp ...


California Mortgage Bankers Applauds Senate Action

RISMEDIA, June 23, 2008-The California Mortgage Bankers Association (CMBA) released the following statement in reaction to the state Senate Banking, Finance & Insurance hearing held Wednesday, June 18, 2008: ...


Mortgage Applications Decrease in Latest MBA Weekly Survey

RISMEDIA, June 19, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending June 13, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 508.4, a decrease of 8.7% on a seasonally adjusted basis from 557.1 one week earlier. On an ...


Mortgage Relief Available for Victims of Flooding in the Midwest

RISMEDIA, June 19, 2008-Fannie Mae, has mortgage relief provisions in place for borrowers facing hardships as a result of the floods that began June 6 and have caused widespread destruction and damage throughout several Midwestern states, including Iowa, Indiana and Wisconsin. ...


$10 Billion in Loans Go ‘Back to the Bene,’ Investor Activity Increases at Courthouse Steps

RISMEDIA, June 12, 2008-ForeclosureRadar, one of the only websites that tracks every California foreclosure with daily auction updates, issued its California Foreclosure Report. Lenders, technically called the beneficiary or "bene" by foreclosure auctioneers, took back $10.4 Billion in California loans as a result of foreclosure activity in May. Despite this ...


Mortgage Applications, Refi’s Increase in Latest MBA Weekly Survey

RISMEDIA, June 12, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending June 6. The Market Composite Index, a measure of mortgage loan application volume, was 557.1, an increase of 10.9% on a seasonally adjusted basis from 502.3 one week earlier. On an unadjusted ...


RealtyTrac Report and MBA National Delinquency Survey Closely Mirrored

RISMEDIA, June 10, 2008-The first quarter MBA National Delinquency Survey released last week largely supports the findings of the RealtyTrac Q1 2008 U.S. Foreclosure Market Report released at the end of April, which found overall foreclosure activity increased 23% from the fourth quarter of 2007 and 112% from the first ...


Creating a Financial Plan for Retirement

By Dan Serra ...


Builders to Congress – Home Buyer Tax Credit Key to Reviving Housing

RISMEDIA, June 9, 2008-The National Association of Home Builders (NAHB) called on Congress to create a temporary home buyer tax credit along with other important tax measures to boost the faltering housing market and economy. ...