Mortgage Payments Near 30-Year-Ago Levels

A home buyer purchasing a typical American home at the average mortgage rate today would have a payment of $ 698 a month. Research Commentary

October 14, 2011 Real Estate News

Former Lend America President Pleads Guilty to Mortgage Fraud

After admitting to an extensive mortgage fraud scheme, the former president of Lend America was suspended from doing any future business with HUD. Michael Primeau

October 14, 2011 Banking

JPMorgan Rebuffs Reports That AG Settlement Is Imminent

JPMorgan Chase used its third-quarter earnings call with investors Thursday to rein in expectations about when a mortgage servicing settlement might be reached with state

October 14, 2011 Banking

Realtors® Partner with National Community Stabilization Trust

NAR has joined forces with the National Community Stabilization Trust to help rebuild American communities devastated by foreclosures. Government Affairs Headlines from REALTOR.org

October 14, 2011 Real Estate News

Major Servicers Turn to FICO to Combat Strategic Defaults

FICO announced this week that it has inked deals with four of the country’s top 10 mortgage servicers to provide them with its predictive analytics

October 13, 2011 Banking

Tax Time Less Taxing for Home Owners

With income taxes due soon, home owners may see the value of home ownership a bit more as they take advantage of tax benefits. Latest

October 13, 2011 Real Estate News

Hedge founder gets 11 years in insider trade probe

NEW YORK (AP) — A former billionaire described by the government as “the modern face of illegal insider trading” was sentenced Thursday to 11 years

October 13, 2011 Banking

Increased Lending, Short Sales Necessary to Reduce High REO Inventories, Say REALTORS®

Improving access to affordable mortgage financing for qualified home buyers and investors and committing additional resources to loan modifications and short sales will help reduce

October 13, 2011 Real Estate News
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