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Mortgage News

  • Beat the Competition in Buying Foreclosures
    2012-02-06 19:50
    Are your buyers' bids continuing to fall short when trying to purchase a foreclosure? Low-cost REOs can attract multiple bids from investors and all-cash buyers. How can your buyer beat the competition?
  • More Housing Aid For Military Families
    2012-02-06 19:50
    Hope Now expands its services to help military families who are at risk of foreclosure due to relocation for their jobs or other circumstances.
  • New Appraisal Tool for Solar-Powered Properties
    2012-02-06 19:50
    Homes with photovoltaic (PV) systems have historically been hard to appraise if there weren't other PV systems nearby. PV Value is a new resource that assesses the worth of solar-power homes with market and lending data.
  • New York AG Sues MERS, Banks Over Foreclosures
    2012-02-06 19:50
    Another state has joined the fight against using the Mortgage Electronic Registration System to process foreclosures.
  • Twitter, Facebook: For Business or Addiction?
    2012-02-06 19:50
    Real estate professionals spend a lot of time on social networking sites to connect with clients. But could turn into an addiction? A new study suggests "yes."
  • Will the Real Estate Market Heat Up This Spring?
    2012-02-06 19:50
    Spring will be here soon enough, and the season traditionally brings a pickup in buying and selling for the housing market. What will this spring hold?
  • News Release - Fannie Mae Weekly Yield | Fannie Mae
    2012-02-06 16:50
    h1 text. PrintEmail. News Release. February 06, 2012. Fannie Mae Weekly Yield. Katherine Constantinou. 202-752-5403. WASHINGTON ...
  • News Release - Fannie Mae Redemption | Fannie Mae
    2012-02-06 16:50
    h1 text. PrintEmail. News Release. February 06, 2012. Fannie Mae Redemption. Katherine Constantinou. 202-752-5403. WASHINGTON ...
  • HUD ANNOUNCES ADDITIONAL $31.5 MILLION TO FUND HOUSING FOR VERY LOW-INCOME SENIORS
    2012-02-04 09:50
    WASHINGTON - Hundreds of very low-income senior citizens will have access to affordable supportive housing thanks to $31.5 million in housing assistance announced today by the U.S. Department of Housing and Urban Development (HUD). The funding announced today (see attached list) will help non-profit organizations in five states produce additional accessible housing, offer rental assistance, and facilitate supportive services for the elderly.
  • HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR ALABAMA STORM VICTIMS
    2012-02-04 09:50
    WASHINGTON-U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Alabama and provide support to homeowners and low-income renters forced from their homes following severe storms, straight-line winds and flooding last month.
  • HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR UTAH STORM VICTIMS
    2012-02-04 09:50
    WASHINGTON-U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of Utah and provide support to homeowners and low-income renters forced from their homes following severe storms in November and December.
  • TEMPORARY DISASTER PROGRAM FOR VICTIMS OF HURRICANES IKE AND GUSTAV TODAY - REMAINING FAMILIES GIVEN MORE TIME TO TRANSITION
    2012-02-04 09:50
    WASHINGTON - A rental assistance program that temporarily housed nearly 20,000 families who were displaced by Hurricanes Ike and Gustav in 2008 officially ends today with only 3,500 households still enrolled in the program. To help these families find permanent housing solutions, the U.S. Department of Housing and Urban Development (HUD) will provide $28 million to convert eligible families to its Housing Choice Voucher (HCV) program.
  • Romney focuses on Obama, Gingrich on Romney in NV (AP)
    2012-02-04 05:50
    AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama.
  • New York sues banks over electronic mortgage system (Reuters)
    2012-02-04 05:50
    Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.
  • NY's Schneiderman sues banks in foreclosure effort (AP)
    2012-02-04 05:50
    AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures while saving banks over $2 billion.
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