Welcome!




Expand Your Education with These Courses from
BPOs: The Agent’s Role in the Valuation Process.
At Home with Diversity.
Expand your education through NAR’s REALTOR® University: A Consumer Advocate Approach to Mortgages: Course 2.
Time Management: Skills for Sales Success: Part Two.
Territory Management: Skills for Sales Success: Part Eight.

Finance, Economy & Government Issues Archive


Home Loans to Illegal Immigrants Sturdy But Show Some Cracks

By Miriam Jordan, The Wall Street Journal Online ...


Mortgage Applications on the Rise

By Amy Hoak, MarketWatch ...


Mortgage Servicers Aim to Head off Foreclosures

By Robert Schroeder, MarketWatch ...


Regional Spotlight: It’s Getting Tougher to Insure Mobile Homes

RISMEDIA, Oct. 12, 2007-(MCT)-Think it's hard to find homeowners insurance for a single-family, site-built home? ...


Local Mortgage Firm in Hot Water in North Carolina

RISMEDIA, Oct. 11, 2007-(MCT)-The owner of Fort Mill, North Carolina-based Nationwide Mortgage Assistance is in trouble with the state Attorney General. ...


Survey Shows Real Estate is Still Most Popular Investment Choice

RISMEDIA, Oct. 10, 2007-Guidant Financial Group, a leading provider of self-directed IRA services, recently conducted a survey that provided valuable data on self-directed investment trends. Results gave insight into which investments are getting the most traction in this niche market, given the current economic situation. ...


Bush Administration Announces $44.1 Million in Housing Counseling Grants

RISMEDIA, Oct. 8, 2007-Approximately 700,000 families will have a greater opportunity to find housing or keep the homes they have because of more than $44 million in housing counseling and counseling training grants announced by Housing and Urban Development Secretary Alphonso Jackson. ...


Bankrate: Mortgage Rates Move Lower

RISMEDIA, Oct. 5, 2007-Fixed mortgage rates declined, with the average conforming 30-year fixed mortgage rate falling to 6.42%. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.36 discount and origination points. ...


Pelosi: Subprime Crisis Demands Action, Congress Will Protect Families Who Have Lost Their Homes

RISMEDIA, Oct. 5, 2007-Speaker Nancy Pelosi was joined by Senate Majority Leader Harry Reid and other House and Senate Democratic leaders at a news conference this morning in the Capitol to offer a plan to stem the rising tide of home foreclosures created by the subprime mortgage market crisis. Below ...


Democrats Press for More Aid to Subprime-Mortgage Borrowers

By Robert Schroeder ...


Fed Rate Cut is Becoming ‘Bernanke Conundrum’

RISMEDIA, Oct. 2, 2007-(MCT)-When the Federal Reserve lowered interest rates this month, critics complained that Fed Chairman Ben Bernanke was bailing out homeowners who should never have taken out all those wacky no-down-payment, no-documentation, no-fixed-rate mortgage loans. ...


Weekly Mortgage Applications Down 2.8%

By Amy Hoak, MarketWatch ...


William Raveis Insurance Welcomes Sales Director Lisa Iannotti

RISMEDIA, Sept. 27, 2007-William Raveis, chairman and CEO of William Raveis Real Estate, Mortgage & Insurance, recently announced the addition of Lisa Iannotti as a sales director in the company's insurance division.In her new role, Iannotti will be responsible for William Raveis Insurance business development and retention. She brings 25 ...


Countrywide Saves 35,000 Mortgages From Foreclosure

RISMEDIA, Sept. 26, 2007-In its ongoing effort to curb foreclosures, Countrywide Financial Corporation is actively working with borrowers who are experiencing financial challenges. Utilizing various methods to help homeowners, including loan modifications, repayment plans, postponement of payments and refinancing, Countrywide has provided homeownership preservation assistance on approximately 35,000 mortgages so ...


NAR Applauds House Passage of Terrorism Insurance Bill

RISMEDIA, Sept. 24, 2007-In this month that marks the sixth anniversary of the September 11 terrorist attacks, the National Association of REALTORS® commends the U.S. House of Representatives for reauthorizing the federal government's terrorism risk insurance program. Last week's vote will help maintain a strong commercial real estate market and ...