Real Estate Information Archive
While the Federal Housing Administration still faces challenges ahead, the agency has already taken a number of significant steps to mitigate risk and increase the solvency and strength of the mortgage-insurance fund. That’s according to National Association of REALTORS® President Gary Thomas, who testified today before the U.S. House Financial Services Subcommittee on Insurance, Housing and Community Opportunity about the future of the FHA.
“Realtors® believe that recent increases to premiums, increased down payments for some borrowers and greater risk management controls will help to substantially improve
(MCT)—Underwater homeowners with Fannie Mae- and Freddie Mac-backed mortgages will be able to try to refinance their mortgages for another two years.
The Federal Housing Finance Agency announced Thursday that Fannie and Freddie’s Home Affordable Refinance Program, which was set to expire Dec. 31, will be extended until the end of 2015.
“More than 2 million homeowners have refinanced through HARP, proving it a useful tool for reducing risk,” FHFA acting director Edward DeMarco said in a statement.
PropertyInfo Corporation, a Stewart® company, recently announced the agreement of zipLogix and PropertyInfo to provide an integrated forms and transaction management system with zipForm®, the industry’s leading forms software and SureClose®, the most widely used transaction management system. ...
Trulia Inc. recently announced a strategic partnership with Coldwell Banker Prime Properties, a leading Coldwell Banker Affiliate in New York State. ...
Freddie Mac recently released the results of its Primary Mortgage Market Survey®
(PMMS®), showing average fixed mortgage rates edging down for the second consecutive week following weak employment reports.
In an effort to expand relief to homeowners impacted by Hurricane Sandy, U.S. Housing and Urban Development Secretary Shaun Donovan, who also chairs the Hurricane Sandy Rebuilding Task Force, today announced a series of additional measures to allow families to get back on their feet without having to face the ...
Realogy Holdings Corp recently provided preliminary estimates of certain of its financial and operational results for the first quarter ended March 31, 2013:
• Net revenue is expected to be in the range of $950 million to $960 million, representing an increase of 9 percent to 10 percent compared to first quarter 2012.
• Adjusted EBITDA(1) is expected to be in the range of $70 million to $74 million, representing a 32 percent to 40 percent increase from prior year results.
With 23-plus years in the real estate business, David Caveness has a pretty good idea of what works and what doesn’t work for the 600 agents that comprise the Indianapolis-based Carpenter REALTORS®.
When I was a boy, my father told me a story I’ve never forgotten:
The landlord of an apartment building, woken in the middle of the night with complaints from freezing tenants, struggled for several hours trying to get a big old boiler
Expectations among bank risk professionals for the relaxation of lending standards increased sharply in the first quarter, rising from 12.1 to 19.9 percent, according to the quarterly FICO/PRMIA survey.
One out of five bank risk professionals now expect the approval criteria for loans to become less stringent, the third highest level ever registered for looser lending standards in the three year history of the FICO survey. The rising expectations for looser standards is a reversal of bankers’ views in the fourth quarter of 2012, when only 12.1 percent expected standards to become less stringent, the lowest level in survey history.
CENTURY 21 New Millennium real estate professionals are getting ready for spring in the D.C. Metro area by holding an Open House Weekend April 20th and 21st. Houses in Maryland, D.C. and Northern Virginia will be featured over the weekend. ...
The agents, managers and staff of Better Homes and Gardens Mason-McDuffie Real Estate, in partnership with the World Transformation Center (WTC), will host a Charity Poker Tournament on Friday, April 26 to benefit The Children’s Village of Sonoma County. The event is open to the public, and will be held ...
Prudential Real Estate, an HSF Affiliates LLC company, recently released results of its first quarter Consumer Outlook Survey showing that Americans' sentiment toward real estate is growing increasingly favorable. A full 77 percent of consumers feel that the real estate market and property values will recover, representing a four-point improvement from year-end results and seven-point jump over the same period a year ago.
According to the national survey, home ownership remains important to 96% of Americans, especially among women
Brown Dog Realty, a highly specialized real estate group focused on serving the area’s First Responders, has joined HUNT Real Estate ERA’s Columbus Division. Due to the unique time constraints and 24-hour shifts of police officers, firefighters, EMTs/paramedics and other healthcare professionals, these service providers need extra support when looking ...
Jim Bray, president of Cutler Real Estate, announced recently that Cutler Real Estate has been chosen as a representative of Leading Real Estate Companies of the World for Central Ohio. ...