According to the recent Campbell/Inside Mortgage Finance Monthly Survey of Real Estate Market Conditions, first-time homebuyers were responsible for a surge in sales in October, but some real estate agent survey respondents are doubtful that this trend will continue.
Read More »Treasury to Auction off TARP Warrants
The U.S. Department of the Treasury said Thursday that it is putting stock warrants it received for investments made in several large banks on the auction block.
Read More »Treasury Secretary Faces Harsh Words from Lawmakers
It was an all-out verbal boxing match on Capitol Hill Thursday. In one corner Treasury Secretary Timothy Giethner.
Read More »TenantAccess Adds Over 300 Local Property Managers to Its Nationwide Network
TenantAccess, an Austin, Texas-based provider of property preservation, management, and leasing services, has expanded its presence with 348 property managers located throughout the United States.
Read More »Home Price Declines Slowing: First American CoreLogic
Home prices have plummeted across the country since the onset of the housing crisis, but according to First American CoreLogic, the rate at which property values are dropping has slowed and returned to what could be called a normal seasonal pattern.
Read More »Congressman Calls for TARP Money to Go to Unemployed Homeowners
Rep. Barney Frank (D-Massachusetts) is once again pushing a mortgage relief program that would provide assistance to the growing number of homeowners who find themselves without a job.
Read More »Center for Responsible Lending Puts 2009 Foreclosures at 2.9 Million
The Mortgage Bankers Association (MBA) reported this week that a record number of loans - 1 in 7 - is delinquent, up from 1 in 10 a year ago. The numbers also show that 1 in 22 families in the United State is in the process of losing their home, up from 1 in 34 this time last year.
Read More »Regional Forum Aims to Make Homeownership Possible
Being a homeowner isn't easy. According to a recent survey by the National Association of Realtors (NAR), 47 percent of Americans say paying their rent or mortgage is a financial strain. This, the study said, is especially true for many low to moderate-income earners who live in high-cost areas.
Read More »Partnership Announced Between NAR and DocuSign
In an effort to deliver electronic signature services to its members, the National Association of Realtors (NAR) announced Thursday its partnership with DocuSign, a provider of on-demand electronic signature solutions.
Read More »HUD Gives NeighborWorks America More than $4.8
Because of NeighborWorks America, nearly 1.2 million low to moderate-income families have been assisted with their housing needs.
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