Home Loan News

Price Your Home to Sell

(Source: Fox Business By Michele Lerner) – Setting a proper asking price for a house is a challenge for home sellers and real estate agents, especially where values are in decline. Experienced agents recommend asking prices that are backed with [...]


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Agents and Owners Turn Increasingly Pessimistic on Values

(Source: By Steve Cook Real Estate Economy Watch) – Half of agents and 42 percent of homeowners in a second quarter survey expect home values to decrease or stay the same through the end of the year. Thirty-eight percent of [...]


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Bank of America’s $40 Billion Lesson

(Source: Forbes) – As you enjoy your July 4th refreshments, lift a toast of thanks to Bank of America for its almost $40 billion contribution to resolving the mortgage loan debacle that continues to plague the US economy. $40 billion [...]


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116 Million-Dollar Listings are Distressed Homes

(Source; The Orange County Register By Jon Lansner) – Orange County broker Steve Thomas publishes every two weeks a report on the supply of local homes for sale and the share of that inventory that’s distressed properties — foreclosures and [...]


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Global Debt Registry Aims to Succeed Where MERS Failed

(Source: The Financial Services Daily Monitor By Jim Kim) – Whether you fundamentally believe that MERS has a legitimate role to the play in the mortgage sale process–and there are many vociferous critics right now–it would be hard to envision [...]


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Checkout Lane: Your Real Estate Agent Can Make or Break a Sale

(Source: By Shaunna Gately GateHouse News Service) – Whether you are buying or selling a house, getting a good real estate agent can save you a lot of time and frustration.


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Top 5 Turnaround Towns: Home Prices Expected To Rise Here

(source: MoneyWatch By Ilyce Glink) – When will home prices rise? That’s the question of the week. Unfortunately, there are no easy answers. Many local markets around the country are taking baby steps towards recovery. But it doesn’t look like [...]


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Housing Bust: No End In Sight

(Source: NPR by Jacob Goldstein) – U.S. home prices fell to new, post-bubble lows in March, according to the latest Case-Shiller home price numbers. And with the wave of foreclosures continuing, it’s hard to see an end to the housing [...]


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U.S. Home Prices Probably Slumped on Discounted Distressed Property Sales

(Source: Bloomberg By Bob Willis) – U.S. home prices probably slumped in March by the most in 16 months, indicating residential real estate will keep weighing on the expansion, economists said before a report today.


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GE Capital Unloads $5.2 Billion in Australian Loans

(Source: Deal Book By CHRIS V. NICHOLSON) – GE Capital said on Wednesday that it had agreed to sell mortgages worth about 5 billion Australian dollars ($5.2 billion) to Pepper Homeloans for an undisclosed sum, as high prices in the [...]


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Troy Aikman’s Highland Park Mansion Tops Residential Real Estate Listings

(Source: Dallas News By Steve Brown) – Pricey properties are pretty much the norm in Highland Park, but one home just coming to the market stands out.


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