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Wells Fargo & Company ended the year with record earnings in the fourth quarter, reporting a net income of $4.1 billion, up from $3.4 billion in the third quarter, according...
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Search Results for: 159
Mortgage-Related Jobs Are on the Rise: Report
...largest increase, and according to the index, ""[t]he Dallas area has become a Mecca for mortgage servicers."" Iowa, on the other hand, saw a decrease of 159 positions, largely due...
Read More »Senator Reed Urges FHFA to Require GSEs to Rent Foreclosed Properties
""Senator Jack Reed"":http://reed.senate.gov (D-Rhode Island) has sent a letter to the director of the ""Federal Housing Finance Agency"":http://www.fhfa.gov/ (FHFA) recommending the agency require Fannie Mae and Freddie Mac rent out...
Read More »Private Mortgage Insurers See More Defaults Than Loan Cures
Private mortgage insurers had more new notices of default to contend with during the month of May than they had loan cures. It was the first time in four months...
Read More »Nevada Leads Nation in Bankruptcy Filings
Nevada has the highest population-adjusted bankruptcy filing rate in the nation and the highest foreclosure ratio, but Nevadans are not using bankruptcy to skirt foreclosure and keep their homes, according...
Read More »REOs and Short Sales Slip to 37% of April’s Existing-Home Sales Volume
Sales of previously owned homes fell back 0.8 percent in April, according to a new report from the ""National Association of Realtors"":http://www.realtor.org (NAR). [IMAGE] The share of distressed homes â€"...
Read More »Freddie Mac Offering Selling Agent Bonuses to Move REOs
""Freddie Mac"":http://www.freddiemac.com announced Monday the launch of a nationwide sales promotion for its inventory of foreclosed homes. [IMAGE] Selling agents will receive a bonus of $1,200 for initial offers received...
Read More »Distressed Properties Claim 40% of Existing-Home Sales
Distressed homes â€" typically REOs and short sales â€" accounted for 40 percent of the existing homes sold in March, the ""National Association of Realtors"":http://www.realtor.org (NAR) reported Wednesday. [IMAGE] The...
Read More »Pending Sales of Previously Owned Homes Rise Unexpectedly
After declining for two consecutive months, pending sales of existing homes unexpectedly increased in February, the ""National Association of Realtors"":http://www.realtor.org (NAR) reported Monday. [IMAGE] The trade group's ""pending home sales...
Read More »California Officials Issue Warning About Modification Scams
...or collect illegal advance fees. Those licensees named in the accusations face the revocation of their real estate licenses. The DRE has also filed 88 claims accusing 159 different real...
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