Senators Call for Immediate Action to Help Homeowners Refinance

Market watchers have their eyes peeled for word from Washington that Fannie Mae and Freddie Mac will relax the rules of a government refinancing program

October 13, 2011 Banking

Third-Quarter Increase in Foreclosure Filings Is Just the Start: RealtyTrac

Data released by RealtyTrac Thursday shows that foreclosure filings were reported on 610,337 properties during the third quarter of this year. That translates to one

October 13, 2011 Banking

REALTORS® Call for Increased Lending, Pre-Foreclosure Efforts to Reduce High Inventories

Increased lending to creditworthy home buyers and more loan modifications and short sales are necessary to reduce the rising inventory of foreclosed homes and help

October 13, 2011 Real Estate News

Asian stocks up as Europe tames its debt crisis

BANGKOK (AP) — Investors waded into Asian stocks early Thursday, heartened by new efforts by European leaders to strengthen their continent’s banks and deal with

October 12, 2011 Banking

Congress Extends Flood Insurance Until Nov. 18

Congress extended the National Flood Insurance Program (NFIP) until Nov. 18 as part of a broader stopgap government funding measure. NAR is urging Congress to

October 12, 2011 Real Estate News

EU unveils plan to boost health of banks

BRUSSELS (AP) — Banks in Europe should temporarily raise their capital reserves to better withstand market turmoil over the continent’s debt, the president of the

October 12, 2011 Banking

NAR Responds to State of the Union

NAR President Vicki Cox Golder sits down with Chief Lobbyist Jerry Giovianello to discuss NAR’s response to President Obama’s State of the Union address. Government

October 12, 2011 Real Estate News

Execs of TARP-Supported Bank Charged with Hiding Millions in Losses

A federal grand jury in San Francisco has indicted two former bank executives of the now-defunct United Commercial Bank for misrepresenting loan losses to federal

October 12, 2011 Banking
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