- Industry veteran Kent Geschwender to lead branch – TULSA, Okla., May 17, 2012 – Gateway Mortgage Group, a privately held mortgage company providing conventional, FHA and VA loans through 50 retail branches nationwide, has acquired its largest branch and entered the Omaha market with its newest location at 12020 Shamrock Plaza, Omaha, Neb. [...]
Bringing Pride, Integrity and Professionalism Back to the Lost Art of Selling (TheNicheReport) — If Justin Timberlake can “bring sexy back,” then I’m “BRINGING SALES BACK!” It’s time that we return to the roots of what we really are – salespeople. That’s right, I said it, salespeople. Not Real Estate Agents, Real Estate Consultants, [...]
La Jolla, CA—Southern California’s median sale price rose year-over-year in April for the first time in 16 months, reflecting stronger, affordability-driven demand and a slimmer inventory of homes for sale – especially low-cost foreclosures. Last month’s sales were modestly higher than a year ago, thanks to significant gains in the coastal counties, but remained well [...]
(Bloomberg) – The U.S. mortgage delinquency rate declined in the first quarter to the lowest level since 2008 as an improving job market helped more borrowers pay their bills and tighter lending standards resulted in fewer defaults. The share of home loans at least 30 days late dropped to 7.4 percent from 7.58 percent in [...]
(CNBC) — Housing starts were surprisingly strong this week, while there was improving sentiment from home builders. So should we start to breathe a sigh of relief that the housing market is returning to health? The short answer is no. The headlines say that housing is stabilizing and there are signs of life in the [...]
Part 2: Commercial Communications (TheNicheReport) — In the very first article regarding the Mortgage Acts & Practices rules, I mentioned that this new advertising rule now applies to everyone involved in selling and marketing one- to four-family, owner-occupied homes. In addition to Realtors® and mortgage companies, it also includes ad agencies, lead-generation companies and [...]
Outlines Zillow’s commitment to work with MLSs and brokers to display accurate, complete and timely listing data SEATTLE, May 16, 2012 /PRNewswire/ — Zillow, Inc. (NASDAQ: Z), the leading real estate information marketplace, today launched the Zillow® Partnership Platform, developed to help Zillow, multiple listing services and brokers work together to display accurate, complete and [...]
Small and Mid-sized Lenders Appear to Be Doing a Better Job Keeping Up with Refinance Demand PLEASANTON, CA – May 16, 2012 – Ellie Mae® (NYSE MKT: ELLI), a leading provider of enterprise level, on-demand automated solutions for the residential mortgage industry, today released its Origination Insight Report for April 2012. The report draws [...]
NEW YORK (CNNMoney) — Bank of America is offering some struggling homeowners payments of up to $30,000 if they sell their homes in a short sale and avoid ending up in foreclosure. Under the plan, Bank of America (BAC, Fortune 500) will offer homeowners so-called relocation payments of between $2,500 and $30,000 if they sell [...]
(Yahoo Finance) — A real estate agent near California’s Silicon Valley seeks sellers by combing property records for people who’ve owned their houses for at least 40 years. A Denver-area broker offers half his commission for a listing, while a counterpart in South Florida hosts happy hour gatherings at bars to loosen up homeowners reluctant [...]
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