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The Mortgage Bankers Association is seeing signs that the foreclosure crisis is ending. “The continued and sizable drop in the 30-day delinquency rate is a concrete sign that the end may be in sight,” says Jay Brinkmann, MBA’s chief...
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Texas construction volumes are expected to increase this year...mostly due to a rebound in homebuilding. McGraw-Hill Construction is foreseeing a 16 percent rise in construction starts in 2010. The biggest building gain will be in Austin, which will be...
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Home buyers who are eager to close the deal before the tax credit expires should be prepared to deal only with lenders who will respond quickly. Even buyers without A-plus credit should be able to get a loan. "If you go to enough lenders, you can...
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A new program that acknowledges that homeowners are unable to afford their homes is intended to speed up the short sale process. “The push right now is for servicers to avoid foreclosure and the push is coming not only from The Obama administration...
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The directors of the California Association of Realtors® (CAR) have recently adopted the following motion at their fall meetings: "That C.A.R. in conjunction with NAR, "SUPPORT" the elimination of the FHA 90-day anti-flipping rule,...
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