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

2011 FPC and Policy Conference Materials

Revisit last week’s meeting in DC and download NAR’s public policy priorities, State fact sheets on MID and tax reform, GSE key points, and much

August 29, 2011 Real Estate News

Sino-Forest boss quits amid Canadian investigation

BEIJING (AP) — Sino Forest Corp. says its chief executive has resigned as Canadian regulators investigate fraud allegations against the Hong Kong-based company following claims

August 29, 2011 Banking

Mortgage Applications Hit 15-year Low Despite Decreased Interest Rates

By Kelly Isaacs According to Reuters, home mortgage applications decreased last week to a 15-year low, even though interest rates remain depressed. Seasonally adjusted […]

August 28, 2011 Real Estate News

After hurricane, New Yorkers hardly miss a beat

NEW YORK (AP) — When the clouds parted, Wall Street wasn’t swamped. Coney Island’s world-famous Cyclone roller coaster was still standing. The Empire State Building

August 28, 2011 Banking

Hurricane Irene Underscores Importance of Flood Insurance

As homeowners across the East Coast brace for Hurricane Irene, the threat underscores the importance of flood insurance and reauthorizing the NFIP. NAR estimates that

August 28, 2011 Real Estate News
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