Tuesday, August 25, 2009

Real Estate Agents: Still A Valuable Source Of New Business

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TODAY'S HEADLINES

LATEST VIDEO

Inside Look - CitiMortgage's Focus on Foreclosures
Interview with Eric Eve, Head of CitiMortgage (Bloomberg News)
Bernanke Back from Round Two
Insight on Ben Bernanke's reappointment, with CNBC's John Harwood & Ron Insana; Carl Riccadonna, Deutsche Bank; James Bianco, Bianco Research;
State of the Housing Market
David Lereah, of Reecon Advisors, and Don Straszheim, of Straszheim Global Advisors, discuss whether the housing market is stabilizing.
FHFA: Home Prices Fell in Q2
Home prices fall less than forecast, with CNBC's Diana Olick.

AROUND THE WEB

Case-Shiller House Prices and Stress Test Scenarios
Demand Grows for Affordable Senior Housing
Citi's Initiatives Helping Prevent Foreclosures
Housing Rebound Looks Good For Now, But Will It Last?
White House Sees Deeper Deficit
Seasonality of Home Prices
Court Orders Federal Reserve to Disclose Emergency Loan Details
New York Fed Launches Credit Conditions Section of Website

POPULAR FORUM DISCUSSIONS

Loan Scenario: CA, $2,500,000, 780, 42% LTV, Cash Out Refinance
Refinancing and am 100% positive we will move within 5 years
Loan Scenario: OR, $258,500, 650, 87% LTV, Refinance (Rate and Term)
WE ARE TRYING TO SEND A PAYOFF OF A FNMA LOAN TO TAYLOR, BEAN AND WHITAKER (WHO HAS CLOSED THEIR DOORS NOW) DO YOU KNOW WHO HAS TAKEN OVER THEIR LOANS

WIKI QUESTIONS AND ANSWERS

Mortgage News Daily



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Thursday, August 20, 2009

Evolving Mortgage Market Helps Lenders Profit

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TODAY'S HEADLINES

LATEST VIDEO

Housing Outlook - Mortgage Delinquencies Reach Record 9.24%
Interview with Mortgage Bankers Association Chief Economist Jay Brinkmann (Bloomberg News)
What's Next for Housing
Prime fixed rate loans are going delinquent, with Michelle Meyer, Barclay's Capital and CNBC's Diana Olick.
Credit Card Law Goes Live
Discussing whether credit card legislation will backfire, with Adam Levin, Credit.com and CNBC's Mandy Drury.
Foreclosures Dip Slightly in Q2
Discussing whether foreclosures will prevent recovery, with CNBC's Diana Olick; Susan Wachter, Wharton Business School; Dean Baker, Center for Economic
FDIC: Feeling the Squeeze
The FDIC will meet next week to vote on a proposed policy that would force private equity groups to maintain high capital levels, with William Isaac, fmr

AROUND THE WEB

MBA Forecasts Foreclosures to Peak at End of 2010
Freddie Mac Rate Survey: Week Ending August 20, 2009
Has Mortgage Modification failed?
Vermont, Texas, and Subprime Loans
The Demand for Housing
The Problem That Won't Go Away
MBA: Record 13.2 Percent of Mortgage Loans in Foreclosure or Delinquent in Q2

POPULAR FORUM DISCUSSIONS

A conversation I was having brought up an interesting thought... how many people who bough during the bubble (and are so underwater now) will actually
Question.. I provided my Mortgage broker all my info at the end of Feb and supposely locked a 30 yr 4.5% refinance rate but the loan has yet to close.
Loan approval with CONDITION
Adjusters for 2-unit property
Loan Scenario: OR, $258,500, 650, 87% LTV, Refinance (Rate and Term)

WIKI QUESTIONS AND ANSWERS

Mortgage News Daily



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Tuesday, August 18, 2009

States Issue Progress Report on Mortgage Examination Initiative

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TODAY'S HEADLINES

LATEST VIDEO

Housing Outlook- Single Family Home Starts Continue to Rise
Building a Housing Bottom - Analysis and Discussion with Patrick Newport of IHS Global Insight (Bloomberg News)
Housing: Glass Half Full?
Richard DeKaser, president of Woodley Park Research, shares his outlook on the housing market.
Small Bank Bucks Lending Trend
While lending continues to slow at the large US banks, it's a different story at The Park Avenue Bank, a community bank in the New York metro area
BB&T's Growth Strategy
BB&T's takeover of Colonial BancGroup has raised the regional bank to the eight largest US bank by deposits. CEO Kelly Ling talks to CNBC about

AROUND THE WEB

Optimism Grips Homeowners: 81% Think Home's Value Will Increase or Stay Same in Next 6 Months, But More Than Half Believe Home's Value Decreased in Past Year
Will Commercial Real Estate Defer Recovery?
Structurally High Unemployment For A Decade
Some Thoughts About the Pullback in Equities
Fed: Delinquency Rates Surged in Q2 2009
China Trims Treasury Holdings, but Total Foreign Demand Grows
New York Fed streamlines external investment managers for agency MBS purchase program

POPULAR FORUM DISCUSSIONS

Economic Recovery on the Horizon??
We are working on a construction loan that transitions into permanent financing. The lender is Wells Fargo with the loan arranged through one of their
Colonial Bank's Suitor?
I found this company that will charge me $200 to get a list of homes where I can take over the mortgage payments. They are also claiming that I will go
Trying to do an FHA streamline refi (no appraisal / credit) for interest rate reduction. It seems that now most all banks need at least 620 middle score

WIKI QUESTIONS AND ANSWERS

Mortgage News Daily



 

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Monday, August 17, 2009

Tax Credit Bouys Home Builder Confidence in August

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TODAY'S HEADLINES

LATEST VIDEO

Sr. Loan Officer Survey Results
Banks tighten standards on prime residential now 20% from 75% a year ago, reports CNBC's Steve Liesman.
The Homebuilder Indicator
The nation's home builders continue to gain confidence in the housing market, although very carefully and gradually. CNBC's Diana Olick has the
In-Depth Look - Scrutinizing The Green Shoots
Interview and discussion with Steve Forbes of the Forbes Magazine. He talks about health-care reform and green shoots. (Bloomberg News)
Renting: The New American Dream?
Since the second quarter of 2006, US home values have fallen by more than 30 percent and more than 1 million homes were lost to foreclosure in 2008. Given
Fed to Extend TALF
The Fed announced it will extend until June 2010 the Term Asset-Backed Securities Loan Facility (TALF), which helps market participants meet the credit

AROUND THE WEB

FHA Program Offers Purchase, Renovation Aid
Hotels in Default on the Rise
Ben Bernanke to Channel Inner Academic in Wyoming
Board of Governors of the Federal Reserve System and Department of the Treasury
WSJ: Loss Rates for FDIC higher than during S&L Crisis
Judge: WaMu's actions in Pushing for Foreclosure suggest "Bad Faith"

POPULAR FORUM DISCUSSIONS

Economic Recovery on the Horizon??
Question.. I provided my Mortgage broker all my info at the end of Feb and supposely locked a 30 yr 4.5% refinance rate but the loan has yet to close.
Loan Scenario: CA, $2,500,000, 780, 42% LTV, Cash Out Refinance
I have a mortgage with TBW that was in foreclosure we received a short sale offer...waited for 5 months never receiving a response from TBW...could get
Short Sale/Second Mortgage
TAYLOR BEAN Whitaker Payments

WIKI QUESTIONS AND ANSWERS

Mortgage News Daily



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