There’s no question that the national real estate market has finally found more stable footing once again. In many U.S. housing markets, foreclosures are on the decline, while building permits have started to rise. However, according to a recent report by RealtyTrac, in some markets...
Many homeowners and real estate agents have been frustrated by the slow pace of the short sale process, but Fannie Mae has announced new efforts to fast track things. Fannie Mae says they will start by upping their early communication with real estate agents, including...
According to Freddie Mac, short sale and REO fraud continues to be identified as the U.S. housing market climbs back to normal. Rob Hagberg, associate director of fraud investigations at Freddie Mac, says that despite the improvements in the real estate market, “This area is...
According to a recent survey by Coldwell Banker Real Estate, millennial couples are placing a bigger importance on buying a new home versus getting married. The survey found that almost 25% of married couples ages 18 to 34 actually purchased a home together before saying...
The Baby Boomer generation is on the fast track toward retirement, but many Boomers are contending with looming mortgage debt as they make their way toward their golden years. According to a new study released by Securian Financial Group, a St. Paul, Minnesota-based financial services...
American Trust Escrow is pleased to announce the appointment of Joe Curtis, Executive Vice President of Sales. Joe will oversee sales operations with the end goal of developing and building a sales team founded on consultative and value-based selling. Jeff Russell, President of American Trust Escrow...
Both RealtyTrac and Moody’s Investor Service are in agreement that foreclosure timelines are growing longer. In fact, they say that all loan servicers experienced an extension in foreclosure timelines during the fourth quarter of 2012. This was especially true in judicial states, which helped to...
Homeowners in need of free financing training can now take advantage of a new online tutorial training, compliments of Freddie Mac. Called CreditSmart, the online tool was created to offer new borrowers and interested parties valuable information about building their personal credit, establishing a savings...
Exciting news for underwater homeowners who have yet to refinance… The Obama Administration’s popular Home Affordable Refinance Program (HARP), which was scheduled to end at the end of this year, has been extended through 2015. The Federal Housing Finance Agency (FHFA) announced earlier this month that...
Many homeowners are taking advantage of their higher home values by cashing out and relocating to where jobs are more plentiful. According to Challenger, Gray & Christmas, Inc., a nationwide outplacement firm, home values have risen to a point where previously underwater homeowners are finally...
