...company is marketing the new technology as the first ""fast, affordable and reliable method for determining a distressed property's value on the real estate owned market."" In a press release,...
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NAR Economist: Job Growth Offsets Housing Slump
Foreclosure and default rates will continue to increase well into the year 2008, said Lawrence Yun, a senior economist with the ""National Association of Realtors"":http://www.realtor.org/ (NAR), when presenting at the...
Read More »RealtyBid.com Finds Silver Lining in Tough Market
At least one company has found a silver lining in the clouds in the not-so sunny real estate market. ""Realtybid.com"":http://realtybid.com/, an online real estate auction Web site, says the number...
Read More »LandAmerica Financial Group Announces Executive Appointments
Richmond, Virginia-based ""LandAmerica Financial Group, Inc."":http://www.landam.com/Home.htm, a provider of real estate transaction services announced two executive appointments this week. In addition to naming James M. John to the position of...
Read More »American Home Mortgage Files for Chapter 11
...successful business, experienced this sudden reversal of its fortunes due to the unanticipated and rather sudden deteriorations in the secondary and national real estate markets."" Click ""here"":http://phx.corporate-ir.net/phoenix.zhtmlxc=68091&p=irol-newsArticle&ID=1036891&highlight= to read more....
Read More »Updated: Thousands Lose Jobs at American Home Mortgage
...the national real estate market have deteriorated to the point that we have no realistic alternative."" The company will maintain its thrift and servicing businesses and retain 750 employees. ...
Read More »REO Homes In Atlanta Hit the Auction Block
An assortment of real-estate owned properties in Atlanta are hitting the auction block this month, according to real estate auction company Hudson & Marshall. The 400 homes up for grabs...
Read More »First American Corp. Reports Second Quarter Net Losses
...on margin improvement by centralizing certain administrative activities, reducing head count and consolidating selected title branches. Our other segments had reasonably good results in light of the challenging real estate...
Read More »Fitch Ratings: Investment Banks Holding Their Own
...diversity, tempering the affect of a deteriorating subprime mortgage marketplace 3. active employment of hedges to limit their credit and interest rate risks from real estate collateral owned or wharehoused...
Read More »LandAmerica Announces Second Quarter Losses
Richmond, Virginia-based ""LandAmerica Financial Group, Inc."":http://www.landam.com/Home.htm, a provider of real estate transaction services, says adjustments in the mortgage market contributed to the company's recent loss in net income during the...
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