Todd Mobraten announces resignation from USRES, RES.NET RES.NET announced from the Mortgage Bankers Association Annual Convention & Expo that its unique custom tasking functionality has been added to the company’s Short Sale portal. Made available to RES.NET’s REO portal users earlier this year, the feature now enables servicers and asset managers to create customized workflows, define tasks and administer changes without relying on expensive and.
The bulls are pawing and snorting – The consensus pegs the Dow closing above 11,500 next year. and the 15th quarter in a row of year-over-year double-digit growth. Howard Silverblatt, an equity-market analyst at S&P, says his group.
New loan regulations and financial safeguards have increased to bank costs, and banks have passed those costs on to consumers. Bankrate.com says mortgage closing costs rose 1.6% last year compared.
Proposed bill would allow principal write-downs in bankruptcy courts Lawmakers Hail Mortgage Deal With Citigroup – Law360 – Democratic lawmakers say they have reached an agreement with financial giant Citigroup Inc. over proposed legislation to change the Bankruptcy Code to allow courts to alter the terms of mortgages.90-Day Moratorium for California City council to vote on Richmond eminent domain proposal Housing permits, starts both fall in January April Economic Roundup – FreightWaves – As part of FreightWaves’ overall coverage of freight markets, it publishes a summary of the changes in the economy over the past month, both in terms of the data releases and developments in public policy. The Economic Roundup is designed to synthesize the events of the past month as they relate.Shadow inventory declines to five-month supply: corelogic december 2010 housing Inventory Declines, but Shadow Inventory Jumps. The nation’s combined total housing inventory, which includes shadow properties and current listings, reached 6.3 million units in August, up from 6.1 million a year ago, according to data from ZipRealty and CoreLogic.California Eminent Domain Proposals | California MBA – The Salinas City Council held a public meeting on January 30th, 2013 to discuss a proposal it has received that includes eminent domain. cmba was at the meeting to present industry’s opposition to eminent domain. The city has not continued pursuing eminent domain since.PEMCO to launch property management, preservation website Is Google (Bank) coming for you? Fed votes to continue taper, lowers growth expectations fed Increases Interest Rate and Raises Growth Forecast for 2018. The 7-2 vote for the rate move, the Fed’s third this year, raises the benchmark lending rate by a quarter percentage point to.If you’re among the 90 percent of Americans with a bank account, you’re not exactly storing a personal stack of bills under lock and key. Your money is data – a series of ones and zeros.Rentv.com provides commercial real estate news about office, industrial, retail and multifamily properties, sales, leases, developments, property management, financings and industry trends in California and the Western United States.Abacus Federal Savings Bank found not guilty of defrauding Fannie Mae Abacus Federal Savings Bank – housingwire.com – A jury ruled that New york-based abacus federal Savings Bank and two of its senior officers are not guilty of defrauding Fannie Mae, bringing some closure to a case that began in 2012 and a trial.California is imposing a 90-day moratorium on housing foreclosures under a new law that takes effect Monday. The law is expected to make lenders try harder to keep borrowers in their homes. Loan.
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