Factors to watch while lenders reflate the housing bubble » OC …
This is important because the prices and yields of mortgage-backed securities determines the interest rates borrowers much pay when they want to finance a home purchase. It seems likely … When these...
View ArticleThe real victims of shutdown: Government workers – CNBC.com
A Citi representative told the Sabos they would qualify for a loan modification for their mortgage, which Candace says she will evaluate further if the shutdown worsens. … I would appreciate any...
View ArticleQM Fears Prompt Lenders to Shelve or Modify Products|National …
At the recent New York Association of Mortgage Brokers convention in East Meadow, N.Y., National Mortgage News sat down with the officers of the organization, and even these relatively well-informed...
View Article2014 will see the "Rise of the Short Sale"» OC Housing News
When people bought homes during the housing bubble, they often used toxic financing terms like teaser rates, negative amortization, and other parlor tricks to get themselves into a home they couldn't...
View ArticleJudicial foreclosure housing markets still on ice » OC Housing News
Since lenders abruptly stopped foreclosing in 2011 and instead kicked the can with loan modifications , foreclosure processing only halted temporarily, even in non-judicial foreclosure states. Of...
View ArticleMarkets: Central Bank fines Citibank Europe Dublin for breach of …
Irish/Ireland Business News , Internationa, Global, World, European Union, Financial Information – Irish Finance and Business Portal – providing Irish, European and global market information including...
View ArticleToday's loan modifications are tomorrow's distressed property sales …
Lenders' loan modifications temporarily alleviates borrowers' financial distress from oversized mortgages, but the terms of loan modifications increases borrower costs over time. Families feel pressure...
View ArticleDistressed Homeowners Now Have Legal Protection Against …
Homeowners who have been abused or ignored in the process of seeking a Loan Modification , Short Sale or other loss mitigation remedy now have the right to take their loan servicer to court under...
View ArticleCalifornia foreclosures up 27% YoY, REO inventories rising nationally
The banks bought time with loan modifications , but this was a temporary measure that allowed them to better manage their REO inventories and delay final resolution on their bad bubble-era loans. The...
View ArticleWe are just starting to understand what our phones are really capable of
Raj Singh is the co-founder of Tempo, the smart calendar. Using state-of-the-art algorithms, Tempo is able to find and surface relevant details about the people and places in your calendar to help make...
View ArticleThe second time around: Avoiding tech Armageddon
The last time San Diego-based multiple listing servcie Sandicor Inc. changed tech platforms, the transition did not go smoothly. Read the original post: The second time around: Avoiding tech Armageddon
View ArticleCoreLogic pulls the plug on mobile-unfriendly platforms
Your multiple listing service system may soon be as mobile as you are. The nation’s largest MLS vendor, CoreLogic, is retiring three of its five MLS systems, replacing them with its more...
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