News
Appraisers, the HVCC and Technology
The HVCC has been in effect for five days now and brokers, lenders, AMCs, and appraisers seem to be anticipating a shift in production and processing. But what is this shift and will it ever come?
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Real Estate Broker Sentenced for Falsifying Loan Applications
NEW ORLEANS, LA - Lorraine Miller, age 45, a resident of New Orleans, was sentenced today in federal court by U. S. District Judge Ivan Lemelle to three (3) months incarceration and nine (9) months home confinement for falsifying loan applications for properties located in the New Orleans area...
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U.S. to pay off mortgage investors
Treasury Department announces new mortgage incentives for lenders, which will reduce monthly payments for millions of borrowers. WASHINGTON (Reuters) -- The U.S. Treasury Department will Tuesday tap a $50 billion housing rescue fund to pay off mortgage investors and reduce monthly payments for millions of borrowers, said a senior administration official.
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Real Estate Outlook: Sales Rising?
You may not be quite ready to accept the idea that housing on a national basis has moved beyond bottoming out and is now in slow recovery mode.
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