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Archive for the News Category


Fannie Mae Survey Says Market Improving

The real estate market is continuing to improve Evidence shows that foreclosures are continuing to decrease all across the nation. In January Fannie Mae did a survey to discover the National attitude regarding housing, the market and specifically buying and selling real estate. While December numbers showed a slight rise in foreclosures and short sales, […]

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Less Mortgage Defaults Might Mean The Standards Relax

The pristine performance of mortgage loans in the U.S. with a vintage of 2009 or later is an indicator that underwriting standards could be loosened, according to CoreLogic senior economist Molly Boesel. In an analysis entitled “What’s an Acceptable Level of Mortgage Default?” published in CoreLogic’s December 2014 edition of The MarketPulse, Boesel constructs an […]

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Increased Incentive For Home Buyers From Fannie Mae

Fannie Mae Announces Incentives Fannie Mae announced Thursday that home buyers can now receive up to 3.5 percent in closing cost assistance. The help is available within the FirstLook period of Fannie Mae’s HomePath properties in 27 states. The incentive will offer qualified buyers up to 3.5 percent of the final sales price to pay […]

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Real Estate Leaders Discuss The Market

The Second Half of 2013   Real Estate Industry Leaders come together to discuss the market in the last half of 2013.  Clearly they see the market improving but perhaps not as other reporting agencies are describing it. In fact they are sure that we are not headed for another Real Estate Bubble and feel […]

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Fannie Mae & Freddie Mac In the News

Latest Real Estate News Statistics are showing more buyer confidence. A January 2014 Housing Survey revealed: 52% of respondents thought it would be easy for them to get a home mortgage today 70% of respondents said they would buy if they were going to move In other news today …   New Report Critical Of […]

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Competition Predicted To Be Lower

Experts Agree Investors Will Be Less Significant A majority of experts surveyed by Zillow and Pulsenomics expect large-scale investors will pull out of the housing market in the next few years—and that hopefully means a smoother field for consumer buyers. Out of 110 economists, real estate experts, and investment strategists surveyed in Zillow’s latest Home […]

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Short Sales Affected by Mortgage Debt

The Mortgage Debt Relief Act of 2007 is set to expire The Five Star Institute Mortgage Banking and Real Estate Education at The Five Star Institute The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well […]

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Patterns and Trends Among Homebuyers

By: Howard Goldthwaite of DSNews.com The National Association of Realtors recently released the results of a national survey conducted in July 2013 among homebuyers who had made their purchase within the previous year. The data collected from 8,767 respondents brings fresh insights into all phases of the home-buying process and helps recognize emerging trends. The […]

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Controversy Continues Over Rising Home Prices

Once again lending practices have eased up. The Federal Reserve in a recent survey of Senior loan officers showed: an average of 4.6 percent of lenders surveyed acknowledged easing lending standards for prime residential loans and 16 percent of lenders surveyed reported an increase in demand for loans to subprime borrowers The 2013 numbers on […]

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Finally Some Good News For Those Who Have Had A Foreclosure

Finally, someone in Washington is recognizing that the vast majority of homeowners hit with this housing foreclosure/short sale crisis were the victims in all of this. Yes they defaulted on their payments, but almost always there were extenuating circumstances.  More often than not they were sold a loan that the lender knew was the wrong […]

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