NAR Calls for Continued Government Participation in Secondary Mortgage Market

(Feb 9, 2011) NAR’s recommended plan is to restructure the entities as government-chartered, non-shareholder owned authorities that protect taxpayers and ensure continued access to affordable

August 30, 2011 Real Estate News

FDIC Sides With Investors Against BofA’s $8.5B Settlement Proposal

The FDIC filed a petition with the courts late Monday contesting the $ 8.5 billion settlement proposal put forth by Bank of America in June,

August 30, 2011 Banking

Irene likely to lead to higher insurance premiums

WASHINGTON (AP) — The $ 7 billion in estimated losses from Hurricane Irene will compound the vast damage caused by weather in the United States

August 29, 2011 Banking

Pending Home Sales Down In July but Up from 1 Year Ago

(Aug. 29) Pending home sales declined in July but remain well above year-ago levels, according to NAR research. All regions show monthly declines except for

August 29, 2011 Real Estate News

Chicago to Launch Foreclosure Loan Program

The city of Chicago is set to launch a targeted new loan program to help alleviate the effects of the foreclosure crisis in local neighborhoods.

August 29, 2011 Banking

HUD and FHA Loans Gain Popularity Among Commercial Borrowers

By Kelly Isaacs An increasing number of commercial borrowers are relying on the U.S. Department of Housing and Urban Development, and the Federal […] Mortgage

August 29, 2011 Real Estate News

Stock rise after storm damage is less than feared

NEW YORK (AP) — U.S. stocks rose Monday after fears that Tropical Storm Irene would cause widespread catastrophic damage subsided along with the storm. Business

August 29, 2011 Banking

Freddie Mac Warns of Short Sale Fraud

Short sales are being used more frequently by homeowners, lenders, and investors to avert a foreclosure, and industry data released this week shows that these

August 29, 2011 Banking
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