| • |
06/25/2007 Conforming loan limit could stay at $417,000 in '08
|
|
Federal regulators are proposing to leave the conforming loan limit for single-family homes at $417,000 in 2008, regardless of how steeply housing prices fall this year.
|
|
|
| • |
06/25/2007 Major Chicago brokerage sues former company officials
|
|
A lawsuit filed by a major Chicago real estate brokerage alleges that an executive raided confidential and proprietary information and recruited away employees before he left to lead a rival company.
|
|
|
| • |
06/25/2007 Inman Innovator Award finalists announced
|
|
Inman News today released the finalists' names for the coveted 2007 Inman Innovator Awards, recognizing innovation in real estate. Winners will be announced at the annual Real Estate Connect SF technology conference, Aug. 1-3, at the Palace Hotel in San Francisco.
|
|
|
| • |
06/25/2007 New products promise to boost credit scores
|
|
Two applications that claim to boost borrowers' credit scores -- Credit CRM and Deal Maker Score -- were the subjects of announcements at the National Association of Mortgage Brokers annual convention in Seattle.
|
|
|
| • |
06/25/2007 Fannie Mae grows MBS issuance, portfolio
|
|
Fannie Mae issued $50.9 billion in mortgage-backed securities in May, helping drive growth in the mortgage purchaser's guarantees at an annualized rate of 18.7 percent for the month.
|
|
|
| • |
06/25/2007 Web site offers open house info on thousands of properties
|
|
Real estate franchise giant Realogy Corp. today launched a Web site that aims to feature thousands of open houses held by agents and brokers of all the corporation's affiliated brands, including Century 21, Coldwell Banker, ERA and Sotheby's International Realty. The site will also include open house information for those held by Realogy's company-owned brokerages operated by NRT Inc.
|
|
|
| • |
06/25/2007 Existing-home sales hit 4-year low
|
|
The annual adjusted rate of existing-home sales fell to the lowest level in May since June 2003, dropping 10.3 percent compared to May 2006, the National Association of Realtors reported today.
|
|
|
| • |
06/25/2007 Inman TV Interview Series
|
|
|
|
|
| • |
06/25/2007 NAMB spotlights ethical mortgage broker's community ties
|
|
With foreclosures making headlines around the nation and consumer groups and lawmakers pointing the finger of blame at some lenders' underwriting and origination practices, mortgage broker Michael Knight was looking for a way to demonstrate that many members of the profession not only follow a code of ethics, but are active volunteers in the communities they serve.
|
|
|
| • |
06/25/2007 Housing Counsel: The Quagmire Called Square Footage
|
|
Question: We are under contract to purchase a downtown condominium unit. This is a resale situation. The seller's real estate agent has represented the unit to contain 860 square feet. However, when my wife and I physically measured the apartment, we can only come up with 830 square feet.
|
