Fidelity National Real Estate Solutions, a division of Fidelity National Financial Inc., a Fortune 500 provider of products, services, and technology solutions to the financial and real estate industries, is now offering its MLS customers reInsight Data, a new open architecture data sharing solution, the company announced yesterday.
Read More »Anti-Foreclosure Plan Stalls in White House
The White House has said it is currently reviewing several foreclosure prevention programs, but reportedly has major drawbacks to the national loan modification program that Sheila Bair, chairman of the Federal Deposit Insurance Corporation (FDIC), has submitted.
Read More »NAR: Lower Mortgage Rates Could Reduce Housing Inventories by Twenty Percent
According to the National Association of Realtors (NAR), a reduction, or a government buy-down, of mortgage interest rates by just one percentage point could result in up to 840,000 additional home sales and reduce the inventory of homes by as much as 20 percent.
Read More »Zillow Survey Shows Half of Homeowners Think Home’s Value Hasn’t Declined
Months of government bailouts and stock market volatility brought Americans’ perception of the values of their own homes closer to reality than it was last quarter, but surprisingly half of U.S. homeowners still believe their home is insulated from the nation’s home value declines, according to the Zillow Q3 Homeowner Confidence Survey.
Read More »Chase Expands Loan Mod Program
Chase, the U.S. consumer and commercial banking arm of JPMorgan Chase & Co., announced on Friday that it is xexpanding its already significant mortgage modification program by undertaking multiple initiatives designed to keep more families in their homes, including extending its modification programs to WaMu and EMC customers,x the bank said in a press statement.
Read More »Company Calculates Future Value of Today’s REOs
Bankers Real Estate Services (BRES) Advisors Inc., a California analytics and transaction execution company, has introduced an evaluation product to the real estate owned (REO) market that determines the properties’ end game, the company said in a press statement.
Read More »Fidelity National Financial’s Cyberhomes.com Honored by PC Magazine
Cyberhomes.com, an online real estate information site for consumers from Fidelity National Financial, a Fortune 500 provider of products, services and technology solutions to the financial and real estate industries, has been named one of the xTop Web sites of 2008x by PC Magazine.
Read More »FirstAm CoreLogic Releases Industry-First Negative Equity Report By State
First American CoreLogic, a member of The First American Corporation family of companies, today released the industry’s first state-level assessment of negative equity estimates for all single-family residential properties in the United States.
Read More »New DepotPoint Module Manages Short Sales
As the nation’s housing crisis continues, millions of homeowners are facing foreclosure. Short sales are a viable option for homeowners in default to escape the threat of formal foreclosure. DepotPoint Inc.
Read More »Fed Rule Adds Mortgage Rate Disclosures
The Federal Reserve recently approved new regulatory statutes requiring mortgage lenders to disclose to borrowers how much interest rates differ between prime mortgages and the higher-priced subprime loans offered to less-affluent borrowers.
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